D&B Optimizer for Marketing

DNB Optimizer for Marketing -- Key Features
DNB Optimizer for Marketing — Key Features

Dun & Bradstreet rebranded D&B Workbench Data Optimizer as D&B Optimizer for Marketing and announced a set of enhancements to the platform.  The Workbench name, now dropped, went back to the product’s origins as NetProspex Workbench, one of the first DaaS Hygiene / Enrichment / Prospecting platforms.  The rebranded product includes a series of new features including an Analyze module, Salesforce Contact Optimization, custom email deliverability targets, and NAICS industry code support.

“This new name reflects Dun & Bradstreet’s commitment to deliver the very best in data optimization services,” the firm wrote its clients.  The new name is also consistent with its other Optimizer solutions: D&B Optimizer for Salesforce and D&B Optimizer for Microsoft.

The new Analyze module delivers profiling and market opportunity analysis “utilizing D&B Master Data and proprietary machine-made analytics.”  Features include dynamic dashboards which help marketers visualize their primary profile by revenue, employee size, and industry.  The service also provides look-a-like opportunities to assist with ABM expansion and pipeline growth.

The new Salesforce Integration for Contact optimization supports contact cleansing and enrichment at a frequency determined by the customer.  Dun & Bradstreet claims that the Salesforce integration may be setup in fewer than twenty minutes.

Custom Email Deliverability Levels allow marketers to dip deeper into Dun & Bradstreet’s pool of emails and select contacts with lower reliability scores.  The default level is 90% deliverability, but highly targeted selects may require using contacts that are below the 90% deliverability threshold.  Dun & Bradstreet called the 90% threshold “our recommended level for most email campaigns.”

Finally, D&B Optimizer for Marketing added NAICS industry code selects.  The product already supports the older US SIC industry taxonomy.

Other D&B Optimizer for Marketing features include data validation and standardization (email, phone, address), duplicate flagging, data hygiene reports, lead prospecting, segmentation analysis, and data enrichment (firmographics, D-U-N-S Numbers, corporate linkages, technographics, biographics).

Magic Johnson on Business @ Zoominfo Growth Acceleration Summit

I had the distinct pleasure of attending a keynote by Earvin “Magic” Johnson at Zoominfo’s Growth Acceleration Summit.  As the summit was held in Boston, there were numerous anecdotes about Celtic great Larry Bird and their rivalry, but the key business-related anecdote was  that you have to continuously improve.  Bird was a great competitor that forced Magic to up his game.  They were great rivals that made each other better and raised the quality of the game.

There were also a set of business insights as Johnson has taken his game discipline to business.  A few of his tips:

  • Find underserved markets and tailor your product to those markets — For Magic, the biggest underserved market was the inner cities.  He knew that there were few movie theaters in urban America even though the per capita theater spend of African Americans was high.  His first theater in LA had the 10th highest gross in the country.  He then convinced Starbucks that they should open coffee shops in marginalized inner city communities (and opened the first non-Starbucks owned shops).  Magic tailored the music and food to the community (e.g. sweet potato pie) and his stores had a higher gross than Starbucks owned locations.  The key to business success is “you have to know your customer.”
  • Out deliver — It’s not enough in today’s market to meet your customer’s expectations, you need to out deliver.  There is no lack of competition.  If you want customer retention, you need to out deliver.  If you want brand ambassadors, you must out deliver.  Magic Sodexho (food service) passed on its first Disney RFP and waited three years before bidding on the Disney Land contract.  His firm realized that due to the size of the park, many employees had little time to eat.  To support the contract, they developed kiosks and carts to bring food to the staff during their breaks.  This example of out delivering helped them win the larger Disney World contract when it came up a few later.
  • Culture is important — Magic emphasized the value of a winning culture whether helping bring back teamwork to basketball or encouraging principles such as everybody gets onboard, no hidden agendas, and do your job.  Furthermore, employees are better motivated if their company has a social mission such as bringing jobs and opportunities to Urban America.
  • Hire self starters and reward them — Look for young employees that come in early, leave late, and ask a lot of questions.  Then give them opportunities to grow with your company.  His COO began as a secretary and proved herself at each level.  He also emphasized the value of rewarding all employees and not falling into the trap of rewarding only the executives.  You can win the big contract, but if you only reward the execs for the victory, then you won’t have a team ready to out deliver.

Not many people have the pleasure of excelling in one field of battle.  Magic has had great success in both Basketball (Hall of Fame, 5 NBA Championships, 12 All Star Teams, NCAA championship, Olympic champion) and business.

InsideView Apex Enhancements

InsideView announced a set of enhancements to its recently launched Apex Go to Market ABM platform.  Apex provides ICP, TAM, and segmentation analysis along with similar company prospecting.  New features include Lead Analytics and Enhanced Text Editing.

“Lead Analytics helps executives analyze leads coming into your CRM and Marketing Automation systems that are within your desired market segment(s). Gain insights into how market segments are performing in relation to each other so you know where to focus your energy.”

  • InsideView

Lead Analytics provides a dashboard for tracking the performance of published market segments and leads over time or across market segments.  “With the Lead Analytics Dashboard, a CMO, VP of Sales or C-Level executives can analyse leads coming into your CRM or MA system based on the market segment and visualize performance against their target segments in real time to optimize for success and focus resources on the targets with highest potential.”

InsideView Apex Lead Analytics
InsideView Apex Lead Analytics

Customers must license both InsideView Enrich and InsideView Apex services to access the Leads Analytics dashboard.

Enhanced Text editing allows sales or marketing managers to publish rich text notes about customer segments which appear in other modules.  The notes both identify the account as belonging to a key segment and provide advice on messaging to the account.

InsideView Apex Segment note pushed to InsideView for Sales
InsideView Apex Segment note pushed to InsideView for Sales

InsideView boasted about “great traction in the market” for Apex.

TechTarget Priority Engine Q2 Release (Part II)

Priority Engine i-frame widget for Salesforce
Priority Engine i-frame widget for Salesforce

As I discussed in Part I of this article, technology media and intent purchasing firm TechTarget recently launched a set of enhancements to its Priority Engine service that improved the user experience, added persistent URLs, list assignments, and added user roles.

The release also supported a new Salesforce widget and a repackaged offering.  The Salesforce widget identifies which technology topics are actively being researched by the prospect and whether the prospect is actively evaluating vendors.  Other features include a persistent URL link to the full dashboard and available prospect counts.

TechTarget repackaged its offering with the Q2 release.  While it has premium pricing compared to other technology sales intelligence service, TechTarget’s ability to identify firms which are actively looking for solutions by product segment, recommend the key stakeholders around the buying decision, and flag which competitive or complementary vendors are of interest to each prospect differentiate it from other vendors.  This “Active TAM” approach helps sales reps focus their attention and messaging to the best opportunities currently in the market for solutions.

Priority Engine has market momentum.  TechTarget added 50 new Priority Engine accounts in Q1 after adding 40 new accounts in Q4.  Revenue more than doubled in Q1 versus a year earlier.  The firm is also shifting its sales and marketing focus from media and lead generation to data solutions and insights.  On his recent earnings call, CEO Michael Cotoia remarked that the firm has “the leadership position” in B2B IT purchase insights and that the TechTarget salesforce is now leading with data solutions.

Cotoia described the Priority Engine value proposition as “purchase intent insights happening in our world across our universe of sites and topics” which are integrated into the customer’s workflow.  Furthermore, Priority Engine informs sales and marketing about “what accounts are active and what accounts are active with your competitors, oh, and what accounts are not active with you.”

TechTarget is successfully rolling out the service to firms which target technology companies, nearly doubling its user base over the past six months.

TechTarget Priority Engine Q2 Release

 

 

Priority Engine account profiles combine TechTarget intent signals with HG Data platform insights and DiscoverOrg executives
Priority Engine account profiles combine TechTarget intent signals with HG Data platform insights and DiscoverOrg executives

Technology media and intent purchasing firm TechTarget announced a set of enhancements to its Priority Engine service “that vastly improve ABM performance, increase sales productivity and maximize demand generation success for enterprise B2B technology organizations.” Amongst the enhancements are improvements to the user experience, a new Salesforce widget, persistent URLs, list assignments, user roles, and improved topic filtering.

Priority Engine combines executive intelligence with purchaser specific demand signals spanning 10,000 IT Topics across its technology research sites.  The service marries HG Data technology intent intelligence with DiscoverOrg contacts, Owler firmographics, and TechTarget intent data and prospects.  Priority Engine assists sales and marketing professionals by “expanding access to total buying teams at active accounts and showcasing rich purchase details such as installed technologies, vendor shortlists and specific, relevant topical interests.”

Priority Engine is GDPR compliant across its 18 million professional profiles who have opted into TechTarget partner marketing programs.  Furthermore, because TechTarget has opted-in user profiles, it is able to provide intent data at the individual level.  This contrasts with other intent networks which gather anonymous intent information at the company level.

User Experience enhancements include a left-side navigation menu and search bar.  The navigation bar provides account list management, export functionality, and export monitoring.  The search bar provides a type-ahead company list to expedite account searching.

Account profiles contain Owler headquarters information along with a business description, logo, sizing data, and social media links.  Also displayed in the business summary are an account interest gauge, Buying Team counts, Vendor Interests based upon downloaded vendor content, and Top Interests.  The account Interest gauge evaluates site readership (number of readers, type of content, scope of vendor interest) to determine whether the prospect is Evaluating Vendors, Ramping Up, or Not Active in the segment.

TechTarget also offers a set of intent signals based upon readership patterns: Widespread, Sustained, Late Stage, Stakeholder, and Cross-Vendor.  According to the firm, “the more blue dots that are lit up, the more focus sales should commit to the account.”

TechTarget Priority Engine Intent Signals
TechTarget Priority Engine Intent Signals

At the top of each Account Profile are the licensed segments.  Sales reps can click on any of the segments and the profile is filtered for the segment across TechTarget Buying Teams, DiscoverOrg Contacts, HG Data products, and the business summary.  TechTarget offers 300 technology market segments with over 200 available for North America.

Priority Engine users are now assigned to one of three roles: Administrators, List Builders, and Read-Only.  Administrators have full system functionality along with account management responsibilities.  Both Administrators and List Builders can build and assign account lists to other users.  Only Administrators can export records.  Priority Engine suggests that Administrators are usually marketers and that List Builders are typically Sales Managers.  View only users would be inside sales reps that would be working account lists but not building them.

Account List Building was redesigned with reorganized and expanded filters displayed on a single page.  Filters have been separated into common and advanced screens with common filters spanning firmographic, technographic, and intent variables.  Advanced filters include Last Touch, Purchase Signals, and HQ location.  Within any filter, users may select Includes Any (OR), Include All (AND), and Exclude (NOT) Boolean logic.

Users can also rank results by market segment.  Most Priority Engine subscribers have between one and five licensed segments.  Except for the largest technology firms that operate in many segments, the firm contends that focusing on key segments provides better results than including adjacent technology segments.

Previously defined lists are available for both suppression or sub-list targeting.

TechTarget Priority Engine List Building
TechTarget Priority Engine List Building

Lists are ranked according to intent signal strength for a market segment.  Clicking on a different segment results in a different set of priorities.

The new Ranked Accounts list view includes the navigation bar along with company logos, the top areas of interest, and the company most influencing the account over the past 90 days (based upon TechTarget content viewing patterns).  Clicking on any account takes the user to the account profile.

The persistent URL provides a direct link between sales and marketing platforms to the Priority Engine Dashboard.  “The sales-to-marketing handoff can be one of the most challenging aspects of implementing modern marketing strategies, especially ABM. To properly inform and empower salespeople, you must be able to pass along valuable account-level insights with each lead — and few systems or workflows support this,” said Michael Cotoia, CEO, TechTarget. “Priority Engine addresses this challenge by providing a persistent and portable account link that can be embedded within any existing sales or marketing systems.”


Please continue to Part II which discusses the Priority Engine Salesforce connector, product repackaging, and market momentum.

D&B WorldBase Reaches 300M Companies

 

Promotional image posted on LinkedIn.
Promotional image posted on LinkedIn.

It was only a few years ago that Dun & Bradstreet’s WorldBase file reached 200 million records, but this week the file hit 300 million active and inactive company profiles.  The dataset is used for sales, marketing, research, master data management, credit risk, and supplier risk products.  It is also licensed to many other vendors (the majority of which are not allowed to publish the provenance of their data). While sales reps do not use inactive companies, they are important for risk products, master data management, compliance, and database cleansing.

Two key features of the WorldBase data set are the D-U-N-S Number, their de facto global numbering system, and global linkages which tie together global company family trees.

The WorldBase file is a key asset for Dun & Bradstreet products such as DNBi, D&B Hoovers, D&B DataVision, and D&B Optimizer.

Congratulations on reaching this milestone, Dun & Bradstreet.

LinkedIn the #2 Social Media Platform across Multiple Metrics

LinkedIn is now the number two social media platform by usage, advertising spend, ROI and analytics tools.  Facebook remains number one.  “While LinkedIn is often considered a hub for job hunters and corporate recruiters, the platform has also shifted to position itself as a marketing engine in recent years,” said Jerry Ascierto, executive editor of The Social Shake-Up Show. “The recent updates to its ad platform and UI seem to be encouraging brands to increase spend. As a result, more companies are experiencing better ROI from this network than others considered more popular and ‘fun,’ such as Instagram, Twitter and YouTube.”

Source: Social Shake-Up.
Source: Social Shake-Up.

LinkedIn has benefited from a native video feature that was launched last year and was recently extended to company pages.

LinkedIn’s last official member count was 546 million global professional profiles.

Microsoft Chairman John Thompson said that the LinkedIn acquisition has been “wildly successful” and that Microsoft would be “all in” on a similar deal.  Of particular interest are firms that would help connect users to the Microsoft cloud.

Thomson was critical of firms that share or sell user data.  “Many of them make money off ads and they have used that as kind of a leverage point,” Thomson told Bloomberg.  “At Microsoft, we don’t believe in that.”

While Facebook has taken a series of hits on its sharing of member data, LinkedIn has long protected member data (for example, Sales Navigator does not permit the uploading of member information to CRMs but makes it available for display).  What’s more, Microsoft has built GDPR compliance into its product line and set it as a global standard.

LinkedIn celebrated its 15th anniversary last month.  “15 years ago, we launched LinkedIn in Reid Hoffman’s living room with the tagline ‘relationships matter’,”  said VP of Product Strategy Allen Blue.  “I’m proud to say that this mantra still rings true today in both the halls of LinkedIn and on the platform. While the world of work has evolved immensely — be it the tools and products we use, the ways we communicate, and even the jobs themselves — our need to connect with one another to be productive in our careers remains at the core of all we do.”