LinkedIn Sales Navigator Enterprise Launched

An embedded User Guide is displayed within a PointDrive page. Commentary is provided by sales reps.
An embedded User Guide is displayed within a PointDrive page. Commentary is provided by sales reps, allowing them to personalize embedded documents or multi-media elements.

LinkedIn unveiled a series of enhancements to Sales Navigator including a new Enterprise Edition, CRM widgets, and integration of PointDrive into the Team and Enterprise editions.  The Enterprise edition includes Single Sign-On, PointDrive sales messaging, 50 InMails per month per user, and TeamLink Extend.

These features are on top of recent Sales Navigator screening enhancements.

While the original TeamLink feature was limited to Sales Navigator subscribers that opted into the service, TeamLink Extend allows opted-in co-workers to share their personal LinkedIn networks with sales reps, even if they are not Sales Navigator licensors.  “That means, if you’re trying to reach a prospect, you can quickly see if anyone in your company has a connection with that person, and reach out to your colleague to ask for warm introduction,” said LinkedIn Sales Solutions Head of Products Doug Camplejohn.

The first 1,000 TeamLink Extend seats are included as part of the Enterprise Edition contract.

PointDrive, which LinkedIn acquired last summer, is designed to solve two problems with emails: attachment laden emails lack “control over narrative” as emails provide little flow, story, and “experience for the buyer.”  Also, they provide no visibility into who is viewing the email.  Thus, post-demo messaging is haphazard as emails don’t communicate a story very well.

According to LinkedIn, there are 5.4 decision makers involved in the buying decision which means that there is a high probability that sales emails with rich media attachments are being forwarded to others.

Bill Burnett, Director of LinkedIn Sales Solutions stated that the goal of PointDrive is to “turn this [email] exchange into a truly more engaging experience” which provides real-time sales signals about what content decision makers are viewing.  Instead of sending long emails, buyers are directed to a PointDrive landing page which allows the sales rep to control brand, content, and commentary.  PointDrive was designed as a “mobile first” interface with landing pages supporting both traditional and mobile browsers.

PointDrive Profile
PointDrive Profile

Brand and product information are “now presented in a way that truly differentiates and engages the buyer” through personalization and organization.  PointDrive also provides easy access to sales rep bios and contact information (see image on left).  Each attachment is displayed in a framed box with sales rep narratives and document descriptions alongside the marketing piece.  PointDrive supports embedded collateral, pricing sheets, presentation decks, multimedia, and images which are all displayed within the PointDrive landing page.  Users do not need to download content or window out to other documents.

PointDrive is customized to the seller allowing firms to convey their brand identity.  Burnett claims that creating a PointDrive is “as simple as creating an email.”  Users upload content and grab links, videos, and Google Maps.  “We’ll lay your brand and identity on top of it for you so that when you are ready to share with your leads [and] share with your connections,” said Burnett.

Real-time alerting metrics are provided for each document view.  Thus, PDF analytics indicate who viewed the document, when viewed, how much total time buyers or influencers spent viewing the document, total pages viewed, and how much time was spent on each page.  It even captures the viewing browser and location of the viewer.  This intelligence is available for both the original recipients and any forwarded viewers.

Sales reps have control over actions taken on PointDrive embedded content.  They can block downloads, password protect the element, set expiration dates, and track forwards.

Burnett calls this a “new way for sellers within Sales Navigator to engage with customers and prospects much deeper into the sales funnel.”  The service also provides “tremendous value for account managers or anybody inside of your organization that’s communicating on a regular basis” with customers and prospects.

“The new Sales Navigator features are to enhance the overall customer experience of Sales Navigator, and to integrate it into daily workflows to get people the information they need as easily as possible,” said LinkedIn Senior Marketing Manager Derek Pando.

PointDrive is available as part of the baseline Team and Enterprise editions.  While Enterprise Edition users will have unlimited access, Team Edition users will be limited to ten PointDrives per seat per month.

The Enterprise Edition includes additional management reports.

A new CRM Sync feature allows sales reps to take notes, send InMails, and track calls from their iOS and Android devices.  Information will initially only synch from Sales Navigator to SFDC, but additional platforms will be supported later this year.

Finally, Sales Navigator added new SFDC and MS Dynamics widgets which display Sales Navigator profile details such as photos, work history, job titles, and TeamLink shared connections.  Widgets will soon be available for Oracle, SAP Hybris, NetSuite, SugarCRM, Hubspot and Zoho.

“LinkedIn is a valuable pool of data that’s a great fit for CRM,” said Ian Campbell, CEO of Nucleus Research.  “As long as it doesn’t limit or preclude users from using other CRM options,” he told CRM Buyer, “this is a good move that will add value.”

Camplejohn told TechCrunch that LinkedIn is not looking to muscle in on Salesforce or other CRMs.

“We’re not competing at all with Salesforce.  We like the position that we are in. Ours is about the connections and activities that are happening. For us, the best play is to be a complement to all CRM systems so that we can exist in that world.”

  • LinkedIn Sales Solutions Head of Products Doug Camplejohn.

The Enterprise Edition begins at $1,600 per seat per year with multi-volume discounting available.  LinkedIn Sales Solutions published the following feature table for the three editions:

LinkedIn Sales Navigator is offered as a three-tiered service.
LinkedIn Sales Navigator is offered as a three-tiered service.

EY (Ernst & Young) has already signed up for 30,000 enterprise seats but will be able to leverage TeamLink opt-ins amongst its 250,000 global employees.

Camplejohn hinted to Ingrid Lunden of TechCrunch that gamification and other incentives will be deployed in a future release to encourage TeamLink participation.

Sales Navigator “has good traction with companies focused on B2B sales,” said Constellation Research Principal Analyst Cindy Zhou “Navigator’s ability to facilitate social sales through third-level connections is one of the primary revenue generators for LinkedIn, and a key driver for the Microsoft acquisition.”

Furthermore, PointDrive “provides one centralized location for prospects to access content, and it’s all trackable by sales and marketing.  This is a bonus for organizations considering the Enterprise Edition and a good bundling strategy.”

On the negative side, Zhou raised concerns about whether sales reps would manage the TeamLink opt-in responsibly.  “Organizations using TeamLink will need to be aware of their responsibility to properly train users to not abuse the access to connections.”

LinkedIn Desktop Redesign

The LinkedIn redesign includes streamlined navigation, smarter messaging, and improved feeds.
The LinkedIn redesign includes streamlined navigation, smarter messaging, more intuitive searching, and improved feeds.

LinkedIn has been rolling out a new desktop design to its 467 million members over the past few weeks.  The new user experience provides a streamlined navigation, “smarter messaging,” improved feeds, “more intuitive searches,” and assistance with member profile design and assessing who has viewed your profile.

“Our goal is to ensure you can seamlessly access the most relevant professional conversations, content and opportunities whether you’re on our mobile app or on our desktop experience,” blogged LinkedIn Director of Engineering Chris Pruett.  “Most importantly, this desktop redesign brings conversations and content to the heart of the platform, so you can more easily share ideas, join a discussion, and discover news and topics you care about.”

One of the focal areas for improvement is their feed.  Although the company acquired Newsle and Pulse a few years ago, the feed has remained stubbornly off-message (I last complained about it in my December Five Hopes article).  LinkedIn is promising that “with a combination of algorithms and human editors working together, we’ve fine tuned your Feed to surface the most relevant content from people and publishers you care most about. We’ll also be adding new ways for you to dive deep into specific topics relevant to you and follow trending stories.”

“The algorithm is the one taking the signals and the editorial team can highlight a specific story,” said Tomer Cohen head of content, search and discovery products at LinkedIn. “This is what I see as one of our strongest assets on LinkedIn, the collaboration between algorithm and editorial working together.”

The desktop will offer a universal search box for finding people, jobs, companies, groups, and schools.  There is a set of filters which allow users to refine their search by content category.  The user can then filter further by location, degree of connection, company affiliations, etc.

Post searching is coming soon. They don’t indicate whether they have solved their long-tail content search issue, but hopefully they are addressing that issue as well.  If individuals and companies are to use LinkedIn posts to burnish their brands, the content needs to be accessible.  It seems pointless to use LinkedIn as a blogging platform if your ideas fall below the surface after a few days and aren’t easily retrievable.  They also need to surface postings and updates for individuals and companies within profiles.  This content is some of the best material for understanding the interests, biases, and concerns of customers and prospects.  It needs to be leveraged for job seekers, recruiters, sales reps, and researchers.

LinkedIn claims that they have already had some success with improving their feed. Over the past year, engaged sessions in the feed grew by forty percent and referral traffic to some their top posters doubled or trebled.

To assist members’ promotional activities, LinkedIn is honing its profile suggestions and providing “greater insight” into who has viewed your profile.

Messaging improvements include expanding the presence of messaging across LinkedIn pages and surfacing ice breakers such as individuals in your network that work at a firm.

I am still waiting for the rollout to reach my account, so I cannot comment on whether LinkedIn achieved their stated goals.  However, there is a very popular Open Letter to CEO Jeff Weiner” excoriating him and LinkedIn on the redesign.  Issues included the lack of a before and after comparison to assist with feature changes, slow performance, missing / hidden analytics, and weak precision on trending article display.  The letter identified eleven areas of concern and includes a set of updates as he has had ongoing discussions with the firm since his letter was posted on the ninth.  Normally, one would expect some blowback on any redesign, but in six days the letter has received nearly 6,000 likes and 1,300 comments.

Owler Insights Displayed within SalesLoft

Owler news is visible to SDRs while they are customizing emails or planning for their next call.
Owler news is visible to SDRs while they are customizing emails or planning for their next call.

ABSD vendor Owler officially announced their SalesLoft connector which feeds Owler News and Alerts into the SalesLoft Sales Engagement platform.  Owler is one of several content partners that participate in SalesLoft’s partner ecosystem.  Owler intelligence is delivered via a combination of mined content (news, blogs, press releases), editorial work (funding and M&A announcements), and crowdsourced intelligence concerning competitors, company size, CEO approval, and future expectations.

SalesLoft CEO Kyle Porter posed the problem of engaging prospects as one of quickly understanding them.

How do you portray that feeling?  How do you portray that understanding that you know what they’re up to?  That you know who they are?  That you think you can help and you’ve got hypotheses about their needs?  And I think the answer to that is sales intelligence and so for the last few year of my career I’ve been looking for amazing products that help our customers learn more about the prospects they are reaching out to whether it’s the account or whether it’s the individual themselves.

Owler provides integrated news, press releases, funding histories, videos (YouTube and Vimeo), and corporate blogs from within SalesLoft company and contact records.  The partnerships allows sales reps to plan their account messaging without toggling to another platform.  Users can even filter headlines by content type and copy links directly into emails.

SalesLoft noted a “dramatic increase” in reply rates and meaningful conversations due to Owler insights.  The integration has helped “increase the level and efficiency of personalization that the modern sales rep can add when they’re communicating with their buyers,” said SalesLoft VP of Product Strategy Sean Kester.  “So they can better connect, quality, and convert their target accounts into customer accounts.”

SalesLoft trains SDRs on a 10-80-10 strategy for creating “sincerity at scale.”  SalesLoft suggests that the first ten percent of the email should have a custom hook from LinkedIn, Twitter, or Owler.  The goal is to “find something relevant and connect with them on that level,” said SalesLoft SDR Brad Ansley.  The 80% message core should focus on how your product relates to their pains.  It should not be a feature dump, but must “give them a reason to respond.”   The final ten percent is a “PS line” to connect on a more personal level (e.g. Congrats on the Pats).

Other SalesLoft content partners include InsideView, Datanyze, HG Data, DiscoverOrg, RingLead, and Prospectify.  SalesLoft also provides messaging assistance and coaching tools such as Crystal prospect personality analysis, Sigstr email signature management, Chili Piper calendaring, and call transcription and analytics from TalkIQ, ExecVision, and Gong.io.

2017 Field Guide to Sales Intelligence Now Available

I am proud to announce that I released the second edition of my book, 2017 Field Guide to Sales Intelligence Vendors yesterday.  It has been a long process of updating and expanding the original eleven profiles, adding three new profiles for the UK (Bureau van Dijk, Artesian Solutions, and DueDil), and adding four profiles for Account Based Sales Development (ABSD) vendors with ecosystems (KiteDesk, Outreach, Quota Factory, SalesLoft).

I have written blog articles on almost all of the seventeen profiled vendors in the past year.  So if you’ve found my blog useful, the book will be invaluable for procurement decisions or staying abreast of the key vendors in the SI space.

As sales teams and procurement departments may have gone through vendor demos or trials back in 2015 or early 2016, I have added sections which detail product changes over the past year.  These include new product launches, vendor changes, enhancements, and pricing changes.

I have also added or expanded discussions on Account Based Marketing (ABM), Account Based Sales Development (ABSD), Marketing Automation connectors, and the UK market.

You will even find a new Glossary.

Feel free to contact me at 978-692-0170 or MLevy@GZConsulting.org.  I am offering a 20% licensing discount during the month of January.

2017-field-guide-toc12017-field-guide-toc2

2016 in Review: Sales Intelligence Connectors

Avention offers OneSource for CRM connectors for SFDC, MS Dynamics, and Oracle for Sales Cloud (Oracle connector shown)
Avention offers OneSource for CRM connectors for SFDC, MS Dynamics, and Oracle for Sales Cloud (Oracle connector shown)

Continuing on my discussion of Sales Intelligence enhancements in 2016, my next area of coverage is connectors which extend functionality into CRMs, MAPs, Google Chrome, etc.

Almost all Sales Intelligence vendors offer Salesforce.com connectivity as a baseline offering.  Some have limited functionality while others provide a fully integrated offering encompassing virtually all of their website features along with update features (e.g. Batch, continuous, “stare and compare”).

The following vendors launched or enhanced their CRM connectors:

  • Zoominfo released a new version of Zoominfo for Salesforce in February 2016. Features include on-demand updating, new contact matching, segmentation analysis, and new targeted contacts. Zoominfo stresses that all enrichment, analysis, and targeting are done via “one easy-to-use interface” without the need to export files to Excel.  Zoominfo for Salesforce also added integrated prospecting. Data may be shared bi-directionally between the services so users can check for duplicates before uploading prospects to SFDC.  Zoominfo also added custom mappings for all fields into its Salesforce connector and improved the company and contact lookup workflows.
  • Avention released OneSource for MS Dynamics and OneSource for Oracle Sales Cloud connectors which integrate Avention functionality into the Microsoft and Oracle CRMs. Features include I-frame display, “stare and compare” updates, custom variables, prospecting, and the Avention Journal.  Avention also rolled a series of enhancements into its CRM connectors. These include:
    • The automatic population of matched records, bypassing the “stare and compare” step for new accounts
    • Avention Journal filtering
    • Avention Journal list views (the default view is calendared)
    • Modify the Avention Journal viewing period
    • Contact filtering by job function, level, title, keyword, etc.
    • News filtering
    • DataVision tab (if licensed)
    • Salesforce Lightning support providing improved tablet usability and dynamic resizing.
    • Batch duplicate management on bulk uploads (ignore, create, update)
  • Data.com added a Prospect Insights view which can be accessed from Opportunity and Account Detail pages. A “See More Insights” button takes the user to additional business and financial details from Dun & Bradstreet. Company intelligence includes D&B WorldBase firmographics and linkage, Hoover’s top company descriptions and competitors, and First Research industry overviews including call prep questions and industry summaries.  Data.com also upgraded the Dun & Bradstreet company family view to the Lightning platform.
  • DiscoverOrg released CRM connectors for Talent Rover, Zoho, and Bullhorn. They also enhanced their Salesforce connector.
  • InsideView redesigned its Salesforce.com AppExchange user interface and launched Refresh which provides automated account cleansing within Salesforce.com.
  • RainKing improved Salesforce.com synchronization.
  • To improve the Salesforce experience, LinkedIn Sales Navigator is no longer requiring sales reps to manually identify which contacts should be downloaded from SFDC to Sales Navigator. Synchronization can be managed at the administrator level. While SFDC describes this as improved synchronization, it basically downloads leads and accounts to Sales Navigator. No LinkedIn member account or lead intelligence is uploaded or available for updating SFDC records. However, the system does flag which records are in SFDC so that reps can manually key information from LinkedIn to SFDC.  For example, sales reps may add tags (e.g. Qualified) and notes to leads and accounts with this information then synched with Salesforce.
  • Artesian redesigned its Salesforce and MS Dynamics connectors.  Among the new features are sales trigger filtering by topic and trigger sharing by email, social media, and Chatter.

One of the major trends in 2016 was the continued expansion of sales intelligence vendors into the marketing department.  Most commonly, this involved Marketing Automation Platform (MAP) connectors with Marketo and Eloqua (Oracle Marketing Cloud), though some vendors support other MAPs as well.

  • InsideView released an ABM solution in partnership with Marketo. The ABM solution is a bundle that includes products and data services to enable targeted account and contact selection, campaign execution, and measurement.
  • RainKing released connectors for Pardot and NetSuite
  • Avention released connectors for Oracle Marketing (Eloqua) and Marketo which support data enrichment, account insights, and predictive analytics. The new MAP connectors support three marketing use cases: web form enrichment, uploaded list matching via the OneSource platform, and prospect list building within OneSource. Lists built and enriched within OneSource are then fed to Eloqua or Marketo.

Several vendors built Chrome connectors in late 2015 or early 2016.  Chrome connectors build additional feature functionality into the Chrome browser, usually centering around the contextual display of company and contact information related to corporate websites and LinkedIn profiles.  Firms with Chrome Connectors include DataFox, MattermarkZoominfo, DiscoverOrg, and HG Data.

To assist with messaging, LinkedIn now offers a Chrome extension for Gmail. The extension provides integrated access to public LinkedIn profiles and social contact information as a right-handed information bar. If a contact is not in Sales Navigator, users can quickly add him or her as a lead without exiting the Inbox. Icebreakers such as shared connections, experiences, and interests help shape account or prospect messaging. TeamLink colleague connections are also displayed.

Finally, several Sales Intelligence vendors began supporting Account Based Sales Development (ABSD) vendors (there are also non-SI vendors participating in ABSD ecosystems providing coaching, transcription, analytics, and other services):

  • DiscoverOrg: SalesLoft, Outreach, Tellwise
  • Owler: Outreach, SalesLoft
  • InsideView: KiteDesk, Quota Factory, SalesLoft
  • Zoominfo: KiteDesk
  • D&B NetProspex: KiteDesk
The Owler news feed is now displayed within SaleLoft allowing sales development reps to quickly customize their messaging.
The Owler news feed is now displayed within SaleLoft allowing sales development reps to quickly customize their messaging.

 

News Alert: Dun & Bradstreet Acquires Avention

DNB acquires Avention.PNG

Dun & Bradstreet ($DNB) announced the acquisition of Avention after the markets closed today.  The acquisition came almost on the two year anniversary of Dun & Bradstreet’s successful acquisition of NetProspex.

Avention was acquired for $150 million net of cash assumed.  Avention generated $60 million in 2016 revenue.

“We are excited to combine our world-class company and contact data with Avention’s best-in-class technology that is fully integrated with the leading software platforms utilized by B2B sales professionals and marketers,” said Dun & Bradstreet COO Josh Peirez. “Avention is a natural fit that will allow us to deliver tremendous value to customers, and the synergies we can capture put the value of this deal well above the purchase price of the acquisition.”

Dun & Bradstreet combined with Avention functionality offers the potential for a powerful sales intelligence service with strong marketing capabilities.  Both Dun & Bradstreet and Avention have been expanding their marketing capabilities and ABM messaging.

Dun and Bradstreet content assets include

  • 265 million active and inactive global companies
  • D-U-N-S Numbers
  • Global Linkage
  • NetProspex executive file with emails and direct dials
  • Hoover’s editorially-written profiles
  • First Research industry overviews

Dun & Bradstreet emphasized the following Avention capabilities:

  • An intuitive, dynamic user interface to deliver intelligence that can be customized to meet each user’s needs.
  • Powerful alerts, triggers, and profiling capabilities that leverage both structured data (e.g. industry codes, address, and employee information) and unstructured data (e.g. social content, news feeds, and analyst reports).
  • Simple integration with the mission-critical systems that your teams use every day, including SFDC, Dynamics, Marketo, and Eloqua, as well as homegrown systems used by many companies.

Combined, Hoover’s, NetProspex, Avention, and D&B alliance products generated over $200 million in revenue.  The acquisition provides Dun & Bradstreet with a leading sales intelligence platform as well as several legacy products:

  • Avention OneSource: Sales Intelligence with advanced company research tools and a light predictive analytics capability.  Distinguishing features include Conceptual Search, Business Signals, Ideal Profile Scores, Sales Triggers, and Smart Lists.  The OneSource platform supports CRM connectors for Salesforce, Microsoft Dynamics, and Oracle Cloud for Sales as well as marketing automation connectors for Marketo and Eloqua (Oracle Marketing Cloud).
  • Avention DataVision: DataVision, launched in 2016, supports data enrichment, segmentation, look-a-like prospecting, and TAM analysis.
  • iSell: A legacy sales product
  • Global Business Browser: A legacy company research product
  • OneSource Open Connector: API

Dun & Bradstreet offers an overlapping set of products that will need to be rationalized following the acquisition.  Hoover’s is a direct competitor of OneSource and iSell.  While it has a lower price point than these offerings, it has been struggling for several years with declining revenue and limited investment.  As such, Hoover’s is unlikely to see significant investment in the near-term as Dun & Bradstreet moves to integrate the D&B WorldBase company and contact file, NetProspex contacts, and First Research industry overviews into Avention.  Hoover’s also maintains 42,000 editorially written company profiles which would also add value to the Avention Global Content Live Platform.

NetProspex’ Workbench service offers many features similar to DataVision.  Workbench has an advantage in data matching logic and data verification tools (e.g. phone, email, and address verification), but it is likely that the Avention company universe will be quickly D-U-N-S Numbered and that DUNSMatch logic will be incorporated into Avention services.  As such, it is unclear whether Workbench or DataVision would be the long-term hygiene front-end for Dun & Bradstreet.

“Dun & Bradstreet is uniquely positioned to serve this growing market with its foundational company and contact data, which will soon be delivered through Avention’s best-in-class software offerings,” stated Dun & Bradstreet in a press release.  “The combination provides a tremendous opportunity to evolve Dun & Bradstreet’s Traditional Prospecting offerings into a category that serves critical B2B sales and marketing needs.

“The Sales Acceleration space offers a big opportunity for Dun & Bradstreet. We believe as the global leader in commercial information we are well positioned to take market share and accelerate our growth strategy,” said Dun & Bradstreet CEO Bob Carrigan. “Bolstered by the success of our recent M&A activity, which has exceeded its acquisition economics, we will continue to explore smart, tuck-in acquisitions that, combined with disciplined execution, will help us to further expand our leadership in this category as well as other areas of our business.”

One potential area of conflict may be around Data.com.  Dun & Bradstreet provides their WorldBase file to Data.com Prospector and does not offer a D&B360 Salesforce.com connector.  However, Avention has a robust AppExchange connector which competes against both Data.com Prospector and Data.com Clean.

2016 in Review: Sales Intelligence Functionality

InMail 2.0 provides full profile access, a signature block, attachment support, shared connections, icebreakers, and synch to CRM.
LinkedIn Sales Navigator InMail 2.0 provides full profile access, a signature block, attachment support, shared connections, icebreakers, and synch to CRM.

In yesterday’s blog, I discussed how expanded content is a common path for adding value to sales intelligence services.  Today, I am looking at how functionality, which usually leverages new or existing content, added significant value to product offerings in 2016.

Many of the vendors covered in my new 2017 Field Guide to Sales Intelligence Vendors added new feature functionality to their service:

  1. LinkedIn Sales Navigator: LinkedIn rolled out a series of enhancements to their service:
    1. Sales Navigator introduced InMail 2.0 with support for signatures, attachments, and conversational insights.
    2. Sales Navigator updated its prospecting user interface and added additional searching tools and screening variables. Sales Spotlights are LinkedIn specific variables that are displayed on top of screening results allowing for additional filtering:
      • Accounts with senior leadership changes in the last three months
      • Lead changed jobs in past 90 days
      • Leads with TeamLink Intro
      • Lead mentioned in the news the past 30 days
      • Lead posted on LinkedIn in past 30 days
      • Lead shares an experience with the sales rep
      • Leads that follow rep’s company on LinkedIn

       

    3. New prospecting filters include
      • Department [Job Function] employee ranges
      • Department [Job Function] employee growth (plus or minus 100%)
    4. Lead search results have been expanded to include a previously viewed flag, tenure at current company, and a quick drill down to TeamLink introductions.
    5. The Sales Navigator app added a new Discover tab which acts as a “Tinder for leads.” The tab provides five daily new lead and account recommendations.
    6. Sales reps may now add tags (e.g. Qualified) and notes to leads and accounts. Tags are searchable and synch with Salesforce.
    7. The Sales Navigator Android and iOS apps now display up to ten daily account or lead recommendations based upon user preferences. Recommendations will expire after 24 hours and be replaced with fresh recommendations.
  2. Artesian Solutions: Artesian rolled out V14 and V15 of its platform. New features include
    • Salesforce Opportunity rollup information in Artesian and Artesian intelligence within SFDC Opportunity records.
    • Improved Company Searching rolls up companies into a group
    • Improved de-duplication logic reduces news duplicates and rolls similar articles into a group.
    • Added North American prospecting filters for counties, business type, and the presence of specific job functions at a company.
    • A redesigned CRM connector for SFDC and MS Dynamics
    • Full sales trigger customization
    • Market sector alerts
    • An updated employees page which supports executive filtering by job role and seniority.

    Artesian rolled out version 3.0 of the Artesian Ready mobile app which provides company and executive insights synched with the mobile calendar. Ready also supports collaborative note taking and a “360° comprehensive profile of customers and prospects.”  New Ready features include company searching, company add to Watchlists, Twitter timelines and Twitter sharing, social links (LinkedIn, Twitter, Facebook, AngelList, Crunchbase), job information, and a data quality form for reporting incorrect information.

  3. DueDil: Along with entering the US market, DueDil implemented a series of product enhancements.
    • Export Custom Company reports in PDF format.
    • DueDil Connect helps users identify and connect to decision makers, map and understand their network connections, and alert users on company news related to their contact network. Users can also filter by colleague connections within Advanced Search.
    • An ownership tab which makes it easier for users to perform due diligence (e.g. Know Your Customer compliance) and assess a firm’s governance structure. Ownership content includes directorship information, shareholders, and portfolio companies. The new tab also contains a Related Companies widget which identifies companies which are not formally linked but which have a high likelihood of sharing an economic interest. Related Companies may be registered at the same location, share several directors, have a set of similar investments, or have name similarities.
    • Dynamic company lists automatically update allowing firms to keep tabs on customers, prospects, partners, and competitors.
    • Alerts are provided on lists, with notifications displayed in a new DueDil dashboard which breaks events into news, opportunities, and risk sections. DueDil event alerts include changes in leadership or ownership, recent news, updates to budget windows, changes of address, changes in employee number, company blog posts and changes in credit score.
    • Upload a file into a list for matching, deduplication, and enrichment.
    • Custom list formats may be downloaded as CSV files.
    • Segment reporting on uploaded lists
    • Match and enrich functionality against uploaded files.
  4. Avention: Avention had a series of enhancements including content, UI, new products, and new connectors.  As each of these categories is being covered under a different blog, the number of strict functional enhancements is more limited.  These included
    1. New list management features including rename, pin to desktop, delete, modify criteria, and clone list.
    2. When lists are uploaded for match and append, improved matching heuristics and a larger reference database result in significantly higher match rates. The system now also tracks unmatched records.
    3. Expanded notification functionality which allows reps to manage new company and sales trigger alerts from a centralized location. This Watchlist supports filtering by read/unread notices, priority flag, trigger type, and list. A new flag allows users to mark notifications as important.
  5. Data.com: Salesforce began offering a two-part account record data assessment report. The new Lightning report analyzes both data quality and segmentation. The data quality section begins with a Data Health overview score which assesses account data quality across three factors: Matchability vs. Dun & Bradstreet WorldBase data in Data.com, Accuracy vs. WorldBase, and Uniqueness (lack of duplicates).  In Data.com Clean, Lead records are now enriched with the Dun & Bradstreet WorldBase file.  Finally, Data.com announced a new Data Exchange with three partners: HG Data, Bombora, and MCH.  Bombora released their integrated intent file service just before the end of the year.
  6. DiscoverOrg: In September, DiscoverOrg launched Deal Predict which ranks prospects on a one to five-star scale based upon a set of firmographic, technographic, and biographic variables defined by marketing or sales operations. Deal Predict scores are displayed in both DiscoverOrg and CRMs.
  7. Dun & Bradstreet: Hoover’s doubled the Build a List download size to 10,000 records.  Meanwhile, the NetProspex Workbench data hygiene platform added company record enrichment. The service also added profile discovery and TAM analysis to its set of marketing capabilities.
  8. Infofree:  Infofree added support for text-only email templates to its CRM101 platform. Users may send up to 25 emails in a single blast and up to 250 emails per day from Infofree’s SMTP server.  Infofree also now lets users integrate their Outlook or Google calendar accounts with CRM101.
  9. Zoominfo: Zoominfo released a set of enhancements to its service in March 2016 including a country select field in its List Builder. Other new features include contact Send to Salesforce and email an electronic business card to the user’s inbox.
  10. Owler: Owler implemented a set of advanced heuristics that help personalize the service. Stories are displayed according to interest in a topic and frequency of stories for tracked companies (i.e. rarely covered companies are given higher priority).
  11. Salesgenie: Salesgenie launched a Custom Fields service which provides scoring and custom analytics models. Infogroup builds custom models for cross-sell, upsell, acquisition, and at risk accounts. Scores are based on deciles and available for screening within Build a List.

So it was a busy year on the functionality front.  As I have broken out integration connectors and the user interface as separate topics, you should view this as a sub-list of product enhancements.  Thus, even though Bureau van Dijk did not make this list, they introduced a new user interface for Orbis (Global) and Fame (UK) this spring.  Likewise, InsideView rolled out additional connectors and refreshed their CRM connector user interfaces.

Sales & Marketing Tech Glossary

 

sales-tech-glossary
DiscoverOrg Sales Tech Glossary

 

For those of you trying to get a handle on all of the new terms in Sales Tech and Marketing Tech, DiscoverOrg just published a short glossary on their website.

While Martech has been receiving significant investment over the past half decade, the past year or two has seen a growth in sales tech investment.  A few years ago, this sector was labeled Sales 2.0 and basically consisted of sales intelligence products, lead prospecting datasets, and presentation tools for sales reps.  But now,

  • The Sales Intelligence vendors are moving into marketing hygiene with MAP connectors, data enrichment, segmentation analysis, look-a-like prospecting, and TAM analysis.
  • Predictive Analytics, which originally focused on marketing, is equally focused on the sales function.
  • New social selling and trigger selling tools continue to appear on the market.
  • Account Based Marketing has become the rage with vendors now repositioning their offering under the ABM banner and adding features to assist ABM programs across the funnel.
  • The Account Based Sales Development function has been professionalized with the introduction of a series of ABSD tools providing a “tip of the spear” toolset for ABM.

In short, it is a dynamic time for the sales tech industry even as the distinction between SalesTech and MarTech continue to blur.

As technology continues to plunge sales and marketing professionals further into transformative innovation and new opportunities, we must define the new terms taking us there. Considering the breakneck speed of tech advancement, it’s not uncommon for terms, which were merely a blip on the radar a year ago, to become part of our everyday vernacular.

  • Preston Zeller, Digital Strategist, DiscoverOrg

Trapit: End of Year Social Selling Enhancements

Trapit Social Selling Platform
Trapit Social Selling Platform

Social Selling vendor Trapit released a set of five enhancements to assist with relationship management.   The monitoring service tracks over 100,000 curated web sources.  Content categories include blogs, professional journals, social media, and news services.  For Twitter, the service supports Retweets, Replies, and Favorites.  Trapit also supports “robust filtering” by media-type, source quality, tags, and geographic location.  The new enhancements span social listening link tracking, social queueing, message recommendations, and the flagging of content for internal use.

Trapit’s social listening enhancements help reps gather customer and prospect insights from the web and Twitter without the assistance of an administrator.

Link tracking allows sales and marketing to determine which content is driving revenue via social sharing.  “Link tracking bridges the gap between social selling activity on Trapit and revenue by applying the same metrics to social sales that have long been a key feature of email marketing and online advertising,” said the firm.  “Tracking codes, which customers can ‘set and forget’ directly within Trapit, can now be automatically added to all inbound links, providing integration with all of the major marketing automation platforms.”

Social queue scheduling allows reps to schedule social messages throughout the day even when they are out of the office.  An unlimited number of messages can be queued.  Trapit supports social sharing via email, SMS, Facebook, LinkedIn, Twitter, and other social networks.

Recommended messaging allows reps to modify messages to comply with the styles (e.g. hashtags) and character limits of various social platforms.  Marketing can provide a set of curated messages for various networks which are then posted by sales reps.

Trapit is also a platform for marketers and sales management to distribute internal content flagged as read only.  Thus, “Trapit can be used to deliver updates about market developments, competitive intelligence, HR and internal communications, and other information where salespeople will see it.”

“The completeness of Trapit’s platform sets it apart from the standalone tools that salespeople have relied upon in recent years,” said CEO Hank Nothhaft Jr. “As sales teams move from analogue to digital tactics, they need a solution that is not only comprehensive, but also highly efficient and easy to use. We’ve stayed laser focused on empowering salespeople to uncover opportunities and engage buyers across a variety of digital channels, and we’ve coded best practices into the software itself. As a result, sales teams that leverage Trapit consistently outperform their competitors.”

LinkedIn: Now Part of Microsoft

On December 9th, Microsoft announced closure of its $26.2 billion LinkedIn acquisition following EU approval.  The full approval process took just about six months.  Microsoft CEO Satya Nadella is “even more enthusiastic” about the transaction than he was in June.

Nadella listed the following “immediate term” integration scenarios:

  • LinkedIn identity and network in Microsoft Outlook and the Office suite
  • LinkedIn notifications within the Windows action center
  • Enabling members drafting résumés in Word to update their profiles, and discover and apply to jobs on LinkedIn
  • Extending the reach of Sponsored Content across Microsoft properties
  • Enterprise LinkedIn Lookup powered by Active Directory and Office 365
  • LinkedIn Learning available across the Office 365 and Windows ecosystem
  • Developing a business news desk across our content ecosystem and MSN.com
  • Redefining social selling through the combination of Sales Navigator and Dynamics 365

The emphasis on expanded opportunities for individuals to learn, compete, network, collaborate, and find jobs was a key justification of the merger.  “While technology tools are not a panacea for current economic challenges, we believe they can make an important contribution,” said Microsoft’s Chief Legal Officer Brad Smith.  “Microsoft and LinkedIn together have a bigger opportunity to help people online to develop and earn credentials for new skills, identify and pursue new jobs, and become more creative and productive as they work with their colleagues. Working together we can do more to serve not only those with college degrees, but the many people pursuing new experiences, skills and credentials related to vocational training and so-called middle skills. Our ambition is to do our part to create more opportunity for people who haven’t shared in recent economic growth.”

The LinkedIn and Microsoft Graphs complement each other and will help build LinkedIn's vision of an Economic Graph.
The LinkedIn and Microsoft Graphs complement each other and will help build LinkedIn’s vision of an Economic Graph.

LinkedIn CEO Jeff Weiner views the transaction as an opportunity to expand LinkedIn’s Economic Graph “and ultimately help create economic opportunity for every member of the global workforce.”  LinkedIn will operate as an independent division with “the same mission and vision, the same culture and values, the same brand, and the same leadership team.”

Weiner reiterated LinkedIn’s commitment to its members, their privacy, and information security.  The firm “remains focused on growing LinkedIn and creating value for our members and customers with a focus on integrating LinkedIn products with Microsoft.

The EU placed a few requirements on the deal, but did not view the transaction as anti-competitive, a position held by Salesforce.com.  The EU evaluated the impact on professional social networks, CRM solutions, and API access.  As an accommodation, Microsoft committed to a five year period in which it will

  • Ensure that PC manufacturers and distributors would be free not to install LinkedIn on Windows and allowing users to remove LinkedIn from Windows should PC manufacturers and distributors decide to preinstall it.
  • Allow competing professional social network service providers to maintain current levels of interoperability with Microsoft’s Office suite of products through the so-called Office add-in program and Office application programming interfaces.
  • Grant competing professional social network service providers access to “Microsoft Graph”, a gateway for software developers. It is used to build applications and services that can, subject to user consent, access data stored in the Microsoft cloud, such as contact information, calendar information, emails, etc. Software developers can potentially use this data to drive subscribers and usage to their professional social networks.

Margrethe Vestager, EU Commissioner in charge of competition policy, said: “A growing number of Europeans subscribe to professional social networks. These networks are important for professionals to connect and interact and to find new career opportunities. Today’s decision ensures that Europeans will continue to enjoy a freedom of choice between professional social networks.”

Data on employees by function from beta company profile page.
Data on LinkedIn employees by function from beta company profile page.

LinkedIn has 467 million global members and supports two dozen languages.  The firm continues to add members at the rate of two per second.  Last quarter, LinkedIn earned $960 million across three divisions: Talent Solutions ($623 million), Marketing Solutions ($175 million), and Premium Subscriptions ($162 million).

Conversation Starters

LinkedIn rolled out a new Conversation Starter feature to promote system messaging via a lightbulb icon.  The feature analyzes the target individual’s profile to provide a series of conversational options.  After selecting a potential opener, the user can modify the text to their voice.  Starters include recent profile updates, work anniversaries, recent posts, mutual connections, and shared backgrounds (e.g. alma mater, former employers, groups).

li-conversation-starter“We know that reaching out to reconnect, ask for advice or network for potential job opportunities can be intimidating, so we’ve added personalized conversation starters in LinkedIn messaging to give members authentic ways to break the ice,” the company said in a blog post.

Unfortunately, the Conversation Starters on their marketing video are mostly focused on connections.  This could result in a spate of similar sounding openers that could quickly become SPAM.  This focus could be simply a marketing oversight, but variations on “Hi Suzi, I noticed you have X connections at Google.  Have you heard…” seem like a weak set of Conversation Starters.  While better than cold messages such as “Hi Suzi, I’m reaching out to you because my company…”, their sample seems uninspired.  Furthermore, the Conversation Starters do not contain any stored messages from the sales rep to expedite the message creation process.

Meeting Scheduling

LinkedIn will soon be rolling out a bot to assist with multi-party meeting scheduling.

Decommissioning Professional Edition Features

According to Intero Advisory, a LinkedIn coaching service, LinkedIn is looking to migrate sales clients from their Professional edition to Sales Navigator.  As part of this effort, LinkedIn is dropping two features from the Pro service: 1) Premium Search Filters and 2) Notes and Tags for connections.  LinkedIn said these features will be available through the end of March.  Users have until then to download any Notes and Tags.  To help accommodate users, LinkedIn is offering a free three-month trial of Sales Navigator which includes the transfer of Notes and Tags.