Linkedin Social Selling: The Most Common Embarrassing Errors You Need to Check Right Now!

By Ayeni Ekundayo-

I will not ask if you have a LinkedIn account. I am sure you do. My question is a different one… why aren’t you more active on LinkedIn?

Linkedin Membership Hits Half A Billion

Certainly, you’re not looking for a job, aren’t a recruiter. But if you’re a CEO, business owner, thought leader, industry expert or (aspiring) sales leader then LinkedIn is the place to be.

Most CEOs, business owners, and thought leaders log into LinkedIn for so many reasons but very few persons from these categories are active on it or know how to convert prospects on the platform.

Linkedin is increasingly becoming more closely aligned with user experience and the content value, as Microsoft sharpens up its newly acquired platform to retain its primacy as a professional networking website for individual professionals and organizations.

If you are not making good use of the LinkedIn platform then you might be losing out enormously on your conversion rate, and your relevance in your industry. For many companies that refuse to consider Linkedin as part of their approach to the market is every bit near-sighted.

Here are other devastating effects: they cost you revenue, opportunity, talent, and leads. If you feel like you’re doing everything right or want to take your networking game on LinkedIn to the next phase? Then come along with me. If you think you’ve got all the answers also try this.

I see it all the time people log in to the platform, they commit the time, energy and brainpower to dig in and learn how it works, people call me and ask how can they use LinkedIn as a social selling tool. My advice usually goes thus, there is no magic formula about it, you need to understand how it works, especially the engagement pattern.

A LinkedIn expert once said “you don’t get the juice (the good piece, i.e. a new consumer) without squashing the fruit (the process of prospecting, engaging and adding real, considerable value).

NB to increase local raw materials sourcing to 60% by 2020

The Nigerian Breweries Plc has said that it was making plans to increase sourcing of raw materials like sorghum, Food Grade Starch and others locally from 57 per cent to 60 per cent by 2020.

Patrick Olowookere, the Corporate Communications and Brand Public Relations Manager, made the disclosure to newsmen during a facility tour in Ado Awaiye in Iseyin area of Oyo State on Wednesday.
Olowookere said the company was always looking at ways to partner with local farmers and processors to develop agricultural value chains that would strengthen the economy and save foreign exchange.
According to him, through these partnerships, many farmers have been impacted, especially through its out-grower schemes in sorghum production.
Olowookere said: “Over 250,000 sorghum farmers have benefited in the northern agronomical zones as at 2013, producing over the 100,000 tons the company needs annually.
“That is enough to meet our production for our growing customers. We want to try as much as we can to further reduced the volume of imported of raw materials.
“By 2020, Nigerian Breweries would have finalised plans to increase its sourcing of raw materials from 57 to 60 per cent, the margin is small but apt.
“Psaltry International Company Ltd) a Food Grade Starch producing firm and others in sorghum is what gives us the assurance of quality products to suit the needs of our consumers.”
The News Agency of Nigeria reports Olowookere as saying that the firm uses CSRO 1 and 2 species of sorghum because it had a higher yield of two tons per hectare and had certifications from the Federal Ministry of Agriculture and Rural Development.
Olowookere also said that Psaltry Company was the only partner producing Food Grade Starch for Nigerian Breweries.
Meanwhile, the Managing Director of the processing plant, Yemisi Iranloye, said that the distance of transporting harvested cassava to cities like Lagos and Akure prompted the location of the plant.
Iranloye said that the company now satisfied farmers who were treated as agents in the business through trainings, provision of hybrid cassava stems, fertilisers, pesticides and others.
She said: “What really steered my coming to this community was the fact that having had experiences in the system; I understood the huddles farmers had to go through to transport their produce to urban cities.
“Most of the time, the cassava would have gone bad and farmers would be at a loss because the companies will not pay them, now we have been able to solve that problem.
“Currently, NB is one of our major client off-taking 60 per cent of our Food Grade Starch used as binding agents in producing most beverages, foods, cosmetics and pharmaceuticals.
“Farmers in the community have been empowered over the years to increase production to 500 hectares through the Credit Agricultural Scheme of the Centrl Bank of Nigeria driven by us, and in the first year remitted 95 per cent.
“Through these, we are always in production even when the country had challenges in availability of cassava recently, we had supplies to service our customers like NB.”
NAN reports that the plant has an installed capacity of 50 tons of processed starch daily and it is currently producing below capacity of between 20 to 30 tons daily.
The company also recorded that it saved $4 million as import substitution in 2015.

NSE PRICE LIST FOR JUNE 22 2017

Press Release: Traders, Investors and Analysts (TIA) Meet-Up at the Nigerian Stock Exchange, Lagos

Traders, Investors and Analysts (TIA) Meet-Up at the Nigerian Stock Exchange (NSE) would unravel Investment Opportunities and better approach to Financial Markets.

The investment atmosphere in Nigerian Financial Markets has completely broken out of old climate into new season of prospects, new possibilities amid mounting challenges. Notwithstanding, the new market development, pace of technological innovations and renewed efforts from market regulators and players has thus called for new thinking and new approach.

The Traders, Investors and Analysts (TIA) Meet-Up, which the maiden session would be hosted by the Nigerian Stock Exchange (NSE) on Friday 30th June, 2017, would bring together over 200 investors and market players across different assets class (Equity, Fixed Income, FOREX, Commodities) to reveal new investment products, new opportunities, advanced knowledge of market tools while unraveling investment pitfalls in the industry to all participants.

The TIA Meet-Up has lined up international speakers including experienced and seasoned market professionals within the industry, which includes Mr. Sulaiman Adedokun CFA, MD Meristem Wealth Limited, Mr. Ade Buriamo MD/CEO Alpha Morgan Capital Limited, Mr. Olumide Soyele FCA, MSTA, CFO SET Plc/President Technical Analysts Society, Nigeria, Mr. AbdulRasheed Momoh Chief Trader, TRW Stocksbrokers limited, Mr. Robert Omotunde Head, Research Afrinvest West Africa Limited, among others.

The Meet-Up would not only deepen financial literacy but provides a chance for a broader understanding of market offerings from a helicopter perspective.

 There is no better time or place to learn what the best traders/investors are doing, reassess your methods, and regain your focus to improve your projections for the second half of 2017.

Our Partners includes the Nigerian Stock Exchange (NSE), TRW Stockbrokers Limited, Forte Financials Limited, Forextime and Legacy Insurance Brokers Limited.

Participation at the TIA Meet-Up is open to fresh and experienced traders, investors and analysts, members of the academic communities, student of the financial markets, etc.

To get invite for the event, interested participants are to register at www.tiameetup.com.

TIA Meet-Up is designed by Trendonomics.

Troubled airbag maker Takata plummets more than half


Takata shares plummeted by more than 50 percent in early trade Thursday on fears the troubled airbag maker plans to file for bankruptcy and sell its assets to a US company.

The company at the centre of the global auto industry’s biggest-ever safety recall has tumbled for four straight days and is now worth less than a quarter of its value a week ago.

The shares dropped by their maximum daily loss limit on the Tokyo Stock Exchange to 115 ($1.10), falling by more than 50 percent from its Wednesday close.

The huge losses stem from a report last week by Japan’s Nikkei business daily which said the company, with liabilities exceeding one trillion yen ($9 billion), would make a formal decision about the bankruptcy filing at a board meeting this month.

Some other media have made similar reports, saying Takata’s automaker clients were supporting the bankruptcy plan.

On Wednesday, Jiji Press reported the airbag maker will file for bankruptcy protection on Monday, while other media suggested it could come as early as this week.

READ MORE

Stocks Shed N310bn As Profit Taking Hits Transactions On The Exchange

Okoronkwo Imoh 


Lagos – Trading on the floor of The Nigerian Stock Exchange (NSE) yesterday closed bearish as value of listed equities depreciated significantly by 2.6 per cent

The All-Share Index shed 897.71 basis points or 2.6 per cent to close at 33,477.89 points from 34,375.60 points it opened for trading, while market capitalisation also depreciated by N310.5 billion, to close at N11.577 trillion from N11.887 trillion it closed on the previous day.

Nestle Nigeria led decliners’ table when it went down by N10.00 to close at N900.00 per share, it was followed by Dangote Cement which lost 897 kobo to close at N205.00 per share, 7Up Bottling Company dropped 299 kobo to close at N90.01 per share, Lafarge Cement Wapco slipped by 220 kobo to close at N52.00 per share, while Nigerian

Breweries depreciated by 200 kobo to close at N166.00 per share, among others.

On the other hand, Conoil led gainers table for the day when it added 192 kobo to close at N40.42 per share, it was trailed by Capital Properties which raked 79 kobo to close at N34.99 per share, Cement Company of Northern Nigeria gained 53 kobo to close at N11.27 per share, UAC of Nigeria grabbed 35 kobo to close at N17.9 per share, while National Salt Company of Nigeria recorded 20 kobo to close at N10.00 per share, among others.

Zenith Bank appeared the most traded equity Wednesday when it exchanged of 87.934 million shares worth N1.861 billion. Followed by Fidelity Bank having sold 55.396 million shares valued at N71.482 million, Guaranty Trust Bank exchanged 50.280 million shares valued atN1.796 billion; Diamond Bank recorded 45.632 million shares valued at N55.673 million while United Bank for Africa traded 40.453 million shares worth N336.848 million.

The post Stocks Shed N310bn As Profit Taking Hits Transactions On The Exchange appeared first on Independent Newspapers .

Visit website

Conoil declares N3.10 dividend for 2016

Punch Nigeria / Olusola Babarinsa / 

Conoil Plc on Wednesday announced a total dividend of N2.15bn for the financial year ended Dec. 31, 2016, in spite of challenging operating environment.

The dividend translated to N3.10 per share when compared to N2bn or N3 per share paid in the comparative period of 2015.

The proposed dividend would be ratified by the company’s shareholders at the next Annual General Meeting.

The company in a statement obtained in Lagos said that the proposed dividend was in line with its history of progressive dividend policy.

A breakdown of the company’s performance during the period under review showed that profit before tax rose to N4.28bn, from N3.45bn in 2015, representing an increase of 24 percent.

Its revenue stood at N85.02 billion when compared to N82.9bn posted in the corresponding period of 2015.

Similarly, profit after tax grew by 23 per cent to N2.84bn against N2.30bn in 2015.

The company attributed the performance to sustained culture of financial discipline, prudent and efficient execution of projects and plans, aggressive product development and marketing, supported by cutting-edge customer service delivery.

Dr Mike Adenuga, the company’s Chairman at the 2015 AGM assured the shareholders of enhanced return on investment.

Adenuga said that the company would always strive to be one of the fastest growing and profitable companies in the country.

He assured that the company would consolidate its gains and ensure greater returns on investment for its teeming shareholders.

“We will drive our business to greater heights by re-establishing commanding presence in retail business, lubricants, aviation, Liquefied Petroleum Gas, specialised products and non-fuel retail services,’’ Adenuga said.