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Getting ahead with LinkedIn Sales Navigator

Getting ahead with LinkedIn Sales Navigator

August 9, 2017 | Business Building, Social Media

According to the 2016 Putnam Social Advisor Survey, 33% of advisors focusing on LinkedIn as their primary social network are paying for a premium account.

Premium accounts are tailored to various segments (job seekers, recruiters, business professionals), and an ultra-premium Sales Navigator membership unlocks and customizes delivery of LinkedIn’s rich data. Among advisors using a premium version, 88% are using Sales Navigator.

Advisors using Sales Navigator are reporting asset gains that far exceed gains made by those using other premium options. In fact, the average asset gains attributed to other premium options are only marginally greater than those from use of LinkedIn’s basic account option.

Is a premium account right for you?

A premium account may be worth the investment if you use LinkedIn daily for networking and prospecting, and have seen some measure of success. If you are considering investing in a Premium account, set goals and benchmarks like “generating a prospect list based on my client profile” or “one new prospect every month” so you can measure its value.

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Advisor Tech Tips is one of many resources available to advisors from Putnam Investments. Founded with a belief in the value of expert financial advice, Putnam has a long tradition of supporting financial advisors with business-building and planning resources.

Content is offered for informational purposes only and is not meant as an endorsement for any particular app, mobile device, or social networking site.

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This material is for informational and educational purposes only. It is not a recommendation of any specific investment product, strategy, or decision, and is not intended to suggest taking or refraining from any course of action. It is not intended to address the needs, circumstances, and objectives of any specific investor. Putnam, which earns fees when clients select its products and services, is not offering impartial advice in a fiduciary capacity in providing this sales and marketing material. This information is not meant as tax or legal advice. Investors should consult a professional advisor before making investment and financial decisions and for more information on tax rules and other laws, which are complex and subject to change.

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