Monday 1 June 2015

How to Use LinkedIn for Business

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Relationships matter more than ever, as today’s professionals seek out ideas and insights from the people and brands they trust. As such, they devote a lot of time to reading news and keeping in touch with their networks through LinkedIn. In fact, members spend an average of 9.8 minutes per day on the social network.LinkedIn–Business-How-To-01

Through building and cultivating relationships on LinkedIn, successful connections can lead to revenue. According to LinkedIn, 50% of its members said they’re more likely to buy from a company they engage with on the platform.

To ensure that your LinkedIn presence contributes to your brand’s greater business objectives, we’ve put together this guide to coach you through the process—from choosing the best premium account to getting the most out of Sprout Social’s integration with the platform.

Getting Started With LinkedIn for Business

LinkedIn is a valuable network for professionals everywhere, especially sales teams and recruiters. While many of its tools are available at no cost, you do have the option of upgrading to a premium account, which include access to features that can help you achieve department-specific goals.

Level up your LinkedIn presence and set yourself up for success by choosing the proper premium account type. Here’s a detailed look at what each plan offers.

LinkedIn Business Plus

The LinkedIn Business Plus premium account is designed for businesses and individuals looking to expand their networks. For $59.99 a month, you can:

  • Contact anyone on LinkedIn—from a potential client to an interested investor—with 15 InMail messages.
  • Find connections faster with advanced search filters (groups, years of experience, function, seniority and more).
  • See who’s viewed your profile in the last 90 days (free accounts only see the last five viewers).
  • Perform unlimited profile searches up to your third-degree connections.

LinkedIn Recruiter

This premium account comes with two different plan options: Recruiter and Recruiter Lite. The former is ideal for professional recruiters, while the latter is better for companies with occasional hiring needs or without a dedicated recruiter.

LinkedIn Recruiter Lite costs $119.95 a month and allows you to:

  • Contact anyone on LinkedIn with 30 InMail messages and work more efficiently with templates and one-to-many InMails.
  • Perform unlimited profile searches up to your third-degree connections with seven advanced search filters.
  • Track applicants with basic pipelining tools like projects and notes.

LinkedIn Recruiter costs $749.99 a month (billed annually at $8,999.88). In addition to all of the Recruiter Lite features, you’ll also have access to:

  • 120 additional InMail messages, for a total of 150
  • Unlimited profile views for all 347 million LinkedIn members
  • 22 advanced recruiting-specific search filters to expand searches beyond your personal connections
  • Folders, reminders and to-do lists to help build, track and manage talent
  • Synchronized team activities with shared projects, searches, profiles and applicant notes
  • Visibility into colleagues’ projects, notes and communication history with candidates
  • Real-time data analytics and reporting to ensure your team is productive and aligned
  • 20 free hiring-manager seats with every Recruiter seat purchased for quick feedback

LinkedIn Sales Navigator

With LinkedIn’s focus on B2B, the Sales Navigator plan offers all the features you need to build relationships that drive sales. Similar to the Recruiter plan, this premium account also comes with two different plan options: Professional and Team.

Professional is great for finding and engaging decision makers. For $79.99 a month, you can:

  • Start conversations when an email address isn’t available, with 15 InMails and unlimited profile searches.
  • Find the right people, using premium search filters, such as function and seniority, and save them to lists through Lead Builder.
  • Get customized lead recommendations delivered right to your inbox.
  • Stay up to date on what’s happening with the people and companies you care about with real-time insights.
  • See everyone who’s viewed you over the last 90 days–not just the last five viewers.

Team is best for power users looking for more InMails, broader network access and collaborative tools. For $129.99 a month, it includes:

  • All Professional plan features
  • 15 additional InMail messages, for a total of 30
  • The ability to unlock 25 profiles beyond your third-degree network
  • Access to TeamLink to find colleagues who can introduce you to your leads

If you’re part of a big team, you can purchase between two and 10 seats. Need more? Contact a LinkedIn sales representative for assistance.

LinkedIn Job Seeker

As its name indicates, LinkedIn Job Seeker is a premium plan designed for people actively looking for a job. For $29.99 a month, you can:

  • Reach out directly to any recruiter or job poster with three InMail messages.
  • Move to the top of recruiters’ applicant lists.
  • See who’s viewed your profile in the last 90 days and how they found you.
  • Use Applicant Insights to see how you compare to other applicants by seniority, level, education, top skills and more.
  • Make your full LinkedIn Profile available to any LinkedIn member so that you never miss an opportunity.

LinkedIn for Business Tips

Once you decide which LinkedIn plan is best for your business needs, you can begin strategizing. Of course, the various departments within your organization will undoubtedly have different objectives, but here are a few best practices to keep in mind.

Engage Your Team

Whether you’re a marketer driving awareness for your brand or a recruiter searching for new leads, getting your team involved on LinkedIn is one way to find success. Asking employees outside of your marketing team to interact on the network will not only increase your company’s visibility to new customers and potential hires, but it also will establish a culture where employees are engaged with the brand instead of remaining hidden behind it.

This is as simple as having employees add the company to their LinkedIn Profiles or sharing company updates with their network. Hinge Marketing employed this practice and within six months acquired 500 new followers on its Company Page while increasing its website referral traffic by five.

Just be sure that your employees are familiar with all of LinkedIn’s features as well as your brand’s key messaging before setting them loose on the platform. Better yet, give them an easy way to share curated content with a tool designed for advocacy.

Create Emotional Connections

To break through the noise of any social network, you need to be especially relevant to your followers. Talking at an audience isn’t effective; you have to connect and build lasting relationships.

In one study, 70% of B2B buyers said they had an emotional connection with Cisco, compared to only 40% with Apple. Karen Walker, Cisco’s SVP of Marketing, attributed that to her company’s content strategy, built on personal connections. Walker encourages brands looking to do the same to consider four key areas:

  1. Professional benefits (e.g., career advancement)
  2. Social benefits (e.g., popularity)
  3. Emotional benefits (e.g., confidence)
  4. Self-image benefits (e.g., pride)

Cisco found that connecting through these areas was twice as impactful as connecting through traditional business values.

Cisco LinkedIn

A really simple way to provide personal value and develop more emotional connections is to make your audience feel as if you’re talking with them one on one. Replace terms such as “professionals” and “entrepreneurs” with “you” to strike a more personal chord right away. Then, you can bolster that strategy by targeting your updates to the most relevant audience segments. You can read more about this approach in our LinkedIn Targeting Guide.

Follow Publishing Best Practices

Each social network naturally has its own strengths and weaknesses. What works on one won’t necessarily have the same result on the others. For this reason, it’s necessary to familiarize yourself with LinkedIn’s publishing best practices.

For instance, when it comes to building engagement and trust through status updates, LinkedIn recommends following the 80/20 rule: Four updates for the benefit of your followers for every update promoting your company. This guarantees a well-balanced stream of rich, insightful content.LinkedIn–Business-How-To-04

It’s also worth noting that, on average, companies that post 20 times per month reach at least 60% of their unique audience. Adhering to a consistent posting schedule can lead to increased engagement from your followers. That doesn’t mean you should post without rhyme or reason.LinkedIn–Business-How-To-04

According to LinkedIn, the best time to post is weekdays during business hours. Tuesdays, Wednesdays and Thursdays appear to be more ideal than Mondays and Fridays.

best times to post LinkedIn

Here are a few other stats from LinkedIn to consider while crafting your content strategy:

  • Posts with a link drive twice the engagement as posts without.
  • Images on average result in a 98% higher comment rate.
  • Links to YouTube videos that play directly in the LinkedIn feed typically result in a 75% higher share rate.

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LinkedIn Tools

LinkedIn is a powerful network, but are you using it to its full potential? The social platform offers a suite of business tools designed to enhance your strategy. Here are just a few of our favorites:

Apply with LinkedIn

Apply with LinkedIn is an API intended for use on your company’s career site or job page to help candidates easily apply for jobs. It’s especially valuable for recruiters who can use it to round out their knowledge about a candidate’s background, recommendations, interests and connections. You can request access here.

Content Marketing Score

The Content Marketing Score is an analytical resource that offers insights into the impact of your paid and organic content on LinkedIn. It enables you to know how well you’re engaging your audience over time, and with this knowledge, you can fine-tune your strategy for more powerful results.

Your score is based on member engagement with your Sponsored Updates, Company Pages, LinkedIn Groups, employee updates and, if applicable, influencer posts. It can be filtered by region, seniority, company size, job function and industry.LinkedIn–Business-How-To-09

Lead Accelerator

According to Forrester Research, prospects are anywhere from two-thirds to 90% of the way through the buying journey before contacting a vendor. As such, marketing and sales people need to reach targets much earlier in the buying process. Lead Accelerator helps you do just that by using display and social advertising to attract and nurture prospects anywhere they travel online, across multiple devices.LinkedIn–Business-How-To-10

LinkedIn Influencer

LinkedIn Influencer is a title given to hundreds of professionals who have been invited to publish on the platform. As leaders (by industry, location or seniority), they develop content that will spark conversations. Becoming a LinkedIn influencer is by invitation only. Still, even if you haven’t been invited, there’s a wealth of information to take away from others’ stories.

Showcase Pages

Showcase Pages are extensions of your Company Page and highlight specific components of your business, such as a brand, product or campaign—LinkedIn members can follow whichever they’re most interested in. Then, you can create specific messaging around each Showcase Page for effective audience segmentation.

To get started with Showcase Pages, click the Edit option on your Company Page and select Create a Showcase Page. You can create up to 10 Showcase Pages for your Company Page; if you require more, contact LinkedIn.

In February 2014, Toshiba was the first Japanese company to set up a Showcase Page and used it to deliver tailored content to select members based on their industry, occupation and location. Within eight months, Toshiba’s Showcase Page attracted more than 160,000 followers; today, it has more than 344,000.

SlideShare

Acquired by LinkedIn in 2012, SlideShare is the world’s largest community for sharing professional content. As a member, you can easily upload and share presentations, infographics, documents, videos, PDFs and webinars. It’s a popular content format on the platform and one that LinkedIn itself uses regularly in its blog posts and product announcements.

How to Use LinkedIn for Business Within Sprout

According to a LinkedIn study, 80% of LinkedIn members say they want to connect with companies on the platform. As you know, sharing updates on your Company Page is a great way to keep your followers informed of your latest company news, branded content and job postings.

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All of that can be accomplished using the publishing tools in Sprout. With a connected Company Page, any Sprout user who has publishing or draft-only permissions and has been granted access to the profile can begin crafting messages for LinkedIn. From there, you can target your updates by company size, industry, function, seniority and geography to ensure your messages reach the most relevant audiences.

The post How to Use LinkedIn for Business appeared first on Sprout Social.



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