50 Shocking Social Selling Stats Every Salesperson Must Know - 2024
Here are 10 shocking social selling statistics that every salesperson must know in 2024:
- 1. Social selling can increase win rates by 5% and deal size by 35%. (Source: LinkedIn)
- 2. 78% of salespeople who use social media outsell their peers. (Source: Forbes)
- 3. 92% of buyers are more likely to engage with sales professionals who are known industry thought leaders. (Source: LinkedIn)
- 4. 75% of B2B buyers use social media to make purchasing decisions. (Source: IDC)
- 5. 84% of C-level executives use social media to support purchase decisions. (Source: IDC)
- 6. 71% of salespeople believe that social selling is important for closing deals. (Source: HubSpot)
- 7. 64% of sales teams that use social selling hit their quotas, compared to 49% that don't. (Source: Sales for Life)
- 8. 82% of buyers viewed at least five pieces of content from the winning vendor before making a purchase decision. (Source: Forrester)
- 9. 90% of top-performing salespeople use social media as part of their sales strategy. (Source: Forbes)
- 10. 73% of salespeople who use social selling as part of their sales process outperform their peers. (Source: Aberdeen Group)
The Power of Social Selling
Social selling has become an essential strategy for salespeople in today's digital age.
With the rise of social media platforms and the increasing influence they have on buyers' purchasing decisions, sales professionals must adapt their approach to stay competitive.
Here are some key statistics that highlight the power of social selling:
1. Social Selling Increases Win Rates and Deal Size
Social selling can have a significant impact on sales performance.
According to LinkedIn, salespeople who use social selling techniques experience a 5% increase in win rates and a 35% increase in deal size.
By leveraging social media platforms to build relationships, engage with prospects, and share valuable content, sales professionals can enhance their chances of closing deals successfully.
Using social media as part of the sales process can give salespeople a competitive edge.
Forbes reports that 78% of salespeople who use social media outsell their peers who don't.
By leveraging social platforms to connect with prospects, share insights, and establish themselves as industry thought leaders, sales professionals can build trust and credibility, leading to increased sales success.
3. Thought Leadership Drives Buyer Engagement
Establishing oneself as a thought leader in the industry is crucial for sales success.
LinkedIn reveals that 92% of buyers are more likely to engage with sales professionals who are known thought leaders.
By consistently sharing valuable content, insights, and expertise on social media platforms, salespeople can position themselves as trusted advisors and attract the attention of potential buyers.
Social media plays a significant role in the B2B buying process.
IDC reports that 75% of B2B buyers use social media to make purchasing decisions.
Sales professionals who actively engage with prospects on social platforms can influence their decision-making process by providing relevant information, addressing concerns, and building relationships.
Even top-level executives turn to social media when making purchase decisions.
IDC reveals that 84% of C-level executives use social media to support their purchase decisions.
Sales professionals who establish a strong presence on social platforms and share valuable insights can capture the attention of these decision-makers and increase their chances of closing deals.
The Importance of Social Selling
Social selling is no longer just an optional strategy; it has become a necessity for sales success.
Here are some key statistics that highlight the importance of social selling:
6. Salespeople Recognize the Importance of Social Selling
Sales professionals understand the value of social selling in today's business landscape.
HubSpot reports that 71% of salespeople believe that social selling is important for closing deals.
By leveraging social media platforms effectively, sales professionals can build relationships, nurture leads, and ultimately drive more sales.
7. Social Selling Helps Achieve Quota
Sales teams that embrace social selling are more likely to achieve their quotas.
Sales for Life reports that 64% of sales teams that use social selling hit their quotas, compared to only 49% of teams that don't.
By incorporating social selling techniques into their sales process, teams can increase their chances of meeting and exceeding their targets.
8. Content Consumption Influences Purchase Decisions
Buyers today rely heavily on consuming content before making purchasing decisions.
Forrester reveals that 82% of buyers viewed at least five pieces of content from the winning vendor before making a purchase decision.
Sales professionals who leverage social media to share valuable content can capture the attention of potential buyers and influence their decision-making process.
Top-performing salespeople understand the power of social selling and incorporate it into their sales strategies.
Forbes reports that 90% of top-performing salespeople use social media as part of their sales approach.
By leveraging social platforms effectively, these sales professionals can build strong relationships, establish credibility, and ultimately drive more sales.
Social selling has proven to be more effective than traditional sales methods.
Aberdeen Group reports that 73% of salespeople who use social selling as part of their sales process outperform their peers who don't.
By embracing social selling techniques, sales professionals can adapt to the changing buyer behavior and increase their chances of success.
Conclusion
These shocking social selling statistics highlight the importance and effectiveness of incorporating social media into the sales process.
Sales professionals who embrace social selling techniques can increase win rates, deal size, and overall sales performance.
By leveraging social media platforms to build relationships, establish thought leadership, and share valuable content, salespeople can stay ahead of the competition and drive more sales in 2024 and beyond.
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What is social selling?
Social selling is the practice of using social media platforms to build relationships, connect with prospects, and ultimately drive sales. It involves leveraging social networks to share relevant content, engage with potential customers, and establish trust and credibility.
Why is social selling important for salespeople?
Social selling is important for salespeople because it allows them to tap into the power of social media to expand their reach, connect with prospects on a more personal level, and stay top-of-mind with potential customers. It also enables salespeople to gather valuable insights about their prospects and engage in more meaningful conversations.
What are some surprising statistics on social selling?
1. According to recent research, 78% of salespeople who use social media outsell their peers who don't.
2. 92% of buyers are more likely to engage with sales professionals who are known industry thought leaders.
3. Social selling can lead to a 16% increase in win rate and a 15% increase in deal size.
Asim is the CEO & founder of AtOnce. After 5 years of marketing & customer service experience, he's now using Artificial Intelligence to save people time.
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