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The Recycler Digital Marketing Column Issue 330

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Value based networking on LinkedIn<br />

<strong>The</strong> global non- stop professional business networking event.<br />

▲ Zoltan Matyas, Founder<br />

of PrintEvery Consulting<br />

I often call myself a value networker. What<br />

do I mean by that? Its quite simple. I love to<br />

connect with people and I’m always looking<br />

to bring value to my connections be it on- or<br />

offline, business or private life. LinkedIn is<br />

the new way of business networking in the<br />

digital age and its one of my new favourite<br />

place.<br />

events and I do believe it brings real value so<br />

here you have the essence of it in a written<br />

form.<br />

I truly believe LinkedIn is by far the most<br />

interesting platform for our industry in<br />

2020. In the last few years LinkedIn have<br />

gone through an amazing transformation.<br />

internet connection and some common<br />

sense.<br />

Does it worth your time? Let’s see some<br />

numbers so you can decide.<br />

<strong>The</strong> world total population is 7,75 billion<br />

(counting children and elderly), unique<br />

During Paperworld 2020 in Frankfurt a<br />

few minutes before I went on stage to do<br />

my presentation about LinkedIn strategy I<br />

was having a conversation with someone at<br />

the booth. I asked him if he has a LinkedIn<br />

profile. He replied: “No, I don’t need one.<br />

I’m not looking for a job”. That was the<br />

moment when I decided to write this article.<br />

Right after making that decision I basically<br />

begged him to come and listen to me for the<br />

next 45 minutes on stage. I must confess<br />

he did for about 20 minutes and then left…<br />

many others stayed.<br />

Without a doubt my all-time favourite<br />

presentation to give is the one about<br />

LinkedIn. It’s because it’s both strategical<br />

and at the same time gets down to real tactics<br />

and practicality. I even share a working<br />

immediately applicable strategy at the end of<br />

it. Email me if you are interested.<br />

<strong>The</strong> first version I did at the <strong>Recycler</strong> Live<br />

event in Brussels and in January I did an<br />

update at Paperworld. Both had great<br />

feedback. Since many of you who are reading<br />

<strong>The</strong> <strong>Recycler</strong> magazine did not attend these<br />

I truly believe LinkedIn is by far the most<br />

interesting platform for our indurtry in 2020.<br />

From a job search platform, it converted itself<br />

to a content distribution platform.<br />

I often refer to it as Facebook for adults (okay<br />

business people). It definitely has the scale<br />

and the amount of attention that is required<br />

to make a real difference. If we all manage<br />

to use it correctly and efficiently it will not<br />

only benefit each individual and businesses<br />

who use it but it can potentially connect us<br />

in a way that will raise our industry profile<br />

and ultimately makes us a stronger business<br />

community. And I’m not even talking about<br />

its available premium tools and features and<br />

groups, just the real basics.<br />

What is LinkedIn? Well I came up with<br />

the following definition (not patented yet)<br />

“Linkedin is a huge global never-ending<br />

virtual business networking event… and<br />

guess what ITS FREE!” All you need is an<br />

mobile phone users 5.19 billion (penetration<br />

of 67%), iInternet users 4.54 billion (59%<br />

penetration) and active social media users 3.8<br />

billion (49% penetration).<br />

2020


<strong>The</strong> latter two has been growing 7 and 9.2%<br />

respectively in the last 12 months. So, what<br />

does that tell us? All your customers are<br />

online. If you are not you are out of the room<br />

and don’t hear the conversation.<br />

LinkedIn has 610 million members and 303<br />

million active users per month, 40% of which<br />

visit it daily. More than half of all LinkedIn<br />

traffic comes from a mobile device. 90%<br />

of LinkedIn members use Facebook – this<br />

is to the ones saying Facebook is not for<br />

my business…. (he chuckles). LinkedIn is<br />

home to over 30 million companies today.<br />

However, not every company manages a<br />

page. LinkedIn automatically generates<br />

company pages when a user adds work<br />

experience within an organisation or when<br />

an organisation posts a job.<br />

<strong>The</strong> LinkedIn audience is quite different<br />

from other social media platforms, with<br />

more than one-third of its members in upper<br />

management positions. According to the<br />

latest LinkedIn statistics, 2019 counts 90<br />

million senior-level influencers, 63 million<br />

decision makers, and another 6 million<br />

decision makers from the IT sector.<br />

Among LinkedIn’s members, there are<br />

also 17 million opinion leaders, 10 million<br />

C-level executives, and 40 million mass<br />

affluent members. <strong>The</strong> percentage of<br />

premium LinkedIn users currently stands<br />

at 39%, while 61% of members are still<br />

satisfied with the basic free accounts.<br />

(Source: https://99firms.com/blog/linkedinstatistics/#gref)<br />

I could continue with more stats but I’m<br />

pretty sure you can also find them on google.<br />

My point here is simple. If you are not on<br />

LinkedIn, you are missing out on business<br />

opportunities big time. If your company<br />

does not have a company page and not<br />

leveraging the reach and visibility of its<br />

employees’ professional network it is missing<br />

out. Can you afford it?<br />

LinkedIn is one of the best content<br />

distribution channels out there. 91% of<br />

marketing executives list LinkedIn as top<br />

source to find relevant and quality content.<br />

LinkedIn is the No. 1 channel B2B marketers<br />

use to distribute content. It is by far the<br />

largest and most efficient lead generation<br />

platform this world ever seen. Does your<br />

business need a stable flow of relevant and<br />

highly qualified business leads?<br />

Believe it or not LinkedIn drives more traffic<br />

to blogs and sites than Twitter and Facebook<br />

combined. Over 80% social platform<br />

90 million senior-level influencers, 63 million<br />

decision makers, and another 6 million decision<br />

makers from the IT sector.<br />

generated leads come from LinkedIn.<br />

Does your company site need traffic?<br />

So how exactly does this platform work and<br />

how can you make it work for you? To the<br />

task and clarify the mindset needed I always<br />

say: “Think about LinkedIn as a room<br />

full of business people where you have the<br />

opportunity to be part of the conversation.”<br />

Its basics and a pinch of common sense…<br />

listen, think and talk. Bring value to others,<br />

connect and network.<br />

When we talk about LinkedIn we must<br />

mention the word social selling. What is<br />

social selling? It is a sales process which<br />

outperforms older selling methods by<br />

leveraging all the varied benefits of social<br />

media platforms to reach traditional sales<br />

objectives more efficiently.<br />

Social selling can help you<br />

1. Find new customers<br />

2. Connect with existing customers<br />

3. Understand your customers<br />

4. Nurture possible sales prospects<br />

5. Keeping your brand at the forefront<br />

of your followers’ minds<br />

If you have social media profiles in active<br />

use, then, you’re already using the basics<br />

of social selling. Obviously like everything<br />

in business, if you take and analytic and<br />

strategic approach you have better chances to<br />

reach your goals instead of shooting random<br />

posts in the dark about how great you are.<br />

<strong>The</strong>n there are the two secret ingredients that<br />

drive Linkedin. First is the algorithm which<br />

decides what content is being shown to who<br />

and when. (By the way organic post reach on<br />

LinkedIn is by far the best compared to any<br />

other social network today). Second is the<br />

social selling index which ranks profiles and<br />

decides whose professional profile is stronger<br />

than others.<br />

If you have a profile you can go ahead and<br />

check yours. To check out your SSI you need<br />

to be logged into your LinkedIn account and<br />

then follow this link. https://www.linkedin.<br />

com/sales/ssi<br />

In case you don’t, here is a screenshot of<br />

mine so you understand that you are being<br />

measured and scored like an asset:<br />

However you consume your news make sure you engage: Like, Follow and Share


<strong>The</strong> SSI algorithm monitors profile quality<br />

and completeness, use of tools, frequency<br />

of activity, quality of activity, engagement<br />

(likes, shares and comments on your posts),<br />

quality of connections, acceptance and<br />

many many more secret aspects…<br />

<strong>The</strong> better you use the platform the better<br />

the platform will treat you.<br />

<strong>The</strong>n there is the big beast the LinkedIn<br />

sales navigator. An app that allows you to<br />

build a reliable qualified lead pipeline by<br />

identifying and allowing you to engage with<br />

real time leads who are connected to your<br />

network. Here are a few facts about sales<br />

navigator:<br />

1. It has a short learning curve and easy to<br />

get started<br />

2. It is simpler than what you do now to get<br />

qualified leads<br />

3. Helps leveraging your LinkedIn network<br />

in a new way<br />

4. Advanced search with lead builder<br />

5. Lead recommendations<br />

6. Real time updates, lists and more...<br />

You can get the app going for a price of<br />

€61.97 ($67.63) per month per user and<br />

believe me it’s worth every cent. BUT, if<br />

you are just starting to get familiar with the<br />

strategic use of LinkedIn you really don’t<br />

need if for now.<br />

Before signing up and start paying and even<br />

before you start engaging with potential<br />

connections make sure your profile is up to<br />

the task and helps you to reach your goals<br />

otherwise it will not work.<br />

Here are some practical tips for the profile as<br />

promised:<br />

• LinkedIn ranks very high on Google, that<br />

is the reason if you Google someone’s name<br />

you will most likely get his or her LinkedIn<br />

profile right on the top of the Google<br />

search result page. If you want to be visible<br />

on Google then have a good profile with<br />

keywords relevant to you. Over 25 million<br />

LinkedIn profiles are viewed every day on<br />

Google.<br />

• Show that you care and personalise your<br />

profile url. It’s very easy to do and gives a<br />

professional shareable link to your profile<br />

that again indexes your name on Google. I<br />

will not explain how. Just Google: “How to<br />

personalise my LinkedIn url” and follow<br />

the steps.<br />

• You can upload multimedia to your<br />

LinkedIn profile and to each section of<br />

your experience. You can link a file or even<br />

a video. .pdf, Power point, word txt, .jpg,<br />

.png, .bmp and even in .gif format.<br />

• Have an effective headline and a good<br />

summary. Don’t talk about yourself in<br />

3rd person. Use common sense and think<br />

about how you would introduce yourself<br />

during a live networking event.<br />

• Include call to actions in your profile. Lead<br />

visitors to do what you want them to do.<br />

Connect, email me, message me, visit my<br />

site…etc<br />

• Write articles. <strong>The</strong> LinkedIn article<br />

platform is extremely powerful to share<br />

your long form thoughts and ideas. It will<br />

tray there forever for everyone to read and<br />

will index high on Google. It is much more<br />

effective than blogging on a site nobody<br />

reads.<br />

• Recommend people and get<br />

recommendations.<br />

• <strong>The</strong>re are many more and I encourage you<br />

to Google around and see “how to make a<br />

LinkedIn profile effective”.<br />

And finally let me attack the most often<br />

asked question I find when I talk about<br />

LinkedIn. Who should I connect with? Who<br />

should I accept as a connection?<br />

Well there is no right or wrong answer to<br />

that and it must be a personal decision.<br />

What I can and will do is share the 3 most<br />

common human approaches and tell you<br />

which one I agree with.<br />

1. “<strong>The</strong> Open Networker” approach - the<br />

more connection the better it is. Connect to<br />

absolutely everybody and use the number<br />

of connections as a measure of success. <strong>The</strong><br />

goal is 50.000+ connections and to be a<br />

proud LION (Linked In Open Networker)<br />

2. <strong>The</strong> Closed Networker - not connecting<br />

to anyone unless they sit together, eat<br />

together, shake hands and actually like each<br />

other. Nobody else can connect.<br />

3. <strong>The</strong> Value Networker - a value-based<br />

connection philosophy. Somewhere in<br />

the middle of the two, based on a simple<br />

question. Can we add value to each other’s<br />

world? If the answer is a yes, we should<br />

connect.<br />

Before signing up and start paying and even<br />

before you start engaging with potential<br />

connections make sure your profile is up to the<br />

task and helps you to reach your goals.<br />

I think if you read a bit between the lines<br />

and maybe you even know me, you already<br />

know the answer. I’m a Value networker.<br />

Are you? ■<br />

Zoltan Matyas<br />

Zoltan Matyas is a <strong>Digital</strong> <strong>Marketing</strong><br />

and Sales specialist in the independent<br />

imaging industry with over 15 years<br />

of front-line sales experience. He is<br />

a regular contributor in industry<br />

publications and speaker at industry<br />

events.<br />

You can connect with him on<br />

LinkedIn or email him at zoltan@<br />

printevery.com.<br />

However you consume your news make sure you engage: Like, Follow and Share

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