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