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Linked in data to power sales - dreamforce nov 18 2013 - vfinal w. appendix

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Linked in data to power sales - dreamforce nov 18 2013 - vfinal w. appendix

  1. Learn 3 Key Concepts of How LinkedIn Made Their Sales Org More Effective “Leveraging Data to Drive Sales at LinkedIn” James Raybould, LinkedIn, Sr. Director Insights and Enterprise Marketing Andres Bang, LinkedIn, Head of Global Sales and Operations Systems
  2. Safe harbor Safe harbor statement under the Private Securities Litigation Reform Act of 1995: This presentation may contain forward-looking statements that involve risks, uncertainties, and assumptions. If any such uncertainties materialize or if any of the assumptions proves incorrect, the results of salesforce.com, inc. could differ materially from the results expressed or implied by the forward-looking statements we make. All statements other than statements of historical fact could be deemed forward-looking, including any projections of product or service availability, subscriber growth, earnings, revenues, or other financial items and any statements regarding strategies or plans of management for future operations, statements of belief, any statements concerning new, planned, or upgraded services or technology developments and customer contracts or use of our services. The risks and uncertainties referred to above include – but are not limited to – risks associated with developing and delivering new functionality for our service, new products and services, our new business model, our past operating losses, possible fluctuations in our operating results and rate of growth, interruptions or delays in our Web hosting, breach of our security measures, the outcome of any litigation, risks associated with completed and any possible mergers and acquisitions, the immature market in which we operate, our relatively limited operating history, our ability to expand, retain, and motivate our employees and manage our growth, new releases of our service and successful customer deployment, our limited history reselling non-salesforce.com products, and utilization and selling to larger enterprise customers. Further information on potential factors that could affect the financial results of salesforce.com, inc. is included in our annual report on Form 10-K for the most recent fiscal year and in our quarterly report on Form 10-Q for the most recent fiscal quarter. These documents and others containing important disclosures are available on the SEC Filings section of the Investor Information section of our Web site. Any unreleased services or features referenced in this or other presentations, press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase our services should make the purchase decisions based upon features that are currently available. Salesforce.com, inc. assumes no obligation and does not intend to update these forward-looking statements. 2
  3. We lead sales systems & data insights at LinkedIn www.linkedin.com/in/andresbang @drebang www.linkedin.com/in/jamesraybould @londonjames @drebang @londonjames 3
  4. Today’s story starts in 2010 with an ambitious goal “Power the most effective enterprise sales & marketing engine in the world by leveraging LinkedIn's unique data assets” @drebang @londonjames 4
  5. LinkedIn has 3 B2B units and a sales team for each 259M+ Hire Members Worldwide Market Sell ~$1B in Revenue 2012; ~85%YoY @drebang @londonjames 5
  6. “Leveraging data to drive sales at LinkedIn” Agenda  LinkedIn’s approach  Learnings & tips @drebang @londonjames 6
  7. “Leveraging data to drive sales at LinkedIn” Agenda  LinkedIn’s approach  Learnings & tips @drebang @londonjames 7
  8. LinkedIn’s data driven approach blends 3 key elements Users/buyers Data Technology @drebang @londonjames 8
  9. Today let’s discuss 3 A’s: Account lens. Analytics. Automation. ACCOUNT LENS Buyer Data Technology ANALYTICS AUTOMATION @drebang @londonjames 9
  10. Let’s start with our first “A”: Account Lens ACCOUNT LENS Buyer Data Technology ANALYTICS AUTOMATION @drebang @londonjames 10
  11. Companies don’t buy products And people don’t buy products People on behalf of companies buy products
  12. We focus at account level and consider “how big?” & “how likely?” High Size Of Prize How Big? Low Temperature High How Likely? @drebang @londonjames 12
  13. LOW LOW MEDIUM HIGH
  14. LOW LOW MEDIUM Account Temperature HIGH
  15. We focus at account level and consider “how big?” & “how likely?” High Size Of Prize How Big? Low Mktg automation + Field Sales “Red Carpet” Mktg automation Inside Sales Temperature High How Likely? @drebang @londonjames 15
  16. Analytics is the 2nd “A” in our pyramid ACCOUNT LENS Buyer Data Technology ANALYTICS AUTOMATION @drebang @londonjames 16
  17. Each model results in 1 number, which we use to sort @drebang @londonjames 17
  18. We start with defining each metric, then build our models Size of Prize At full potential, how much ($) will this account spend with LI? What Data  Temperature How likely/soon is this account to convert to Closed Won? Linkedin.com data   Hiring activity & number of recruiters   Industry and location Company size @drebang Aggregation of decisionmaker & influencer activity  Web visits, whitepaper downloads, “Contact me”  @londonjames LinkedIn.com engagement 18
  19. Automation is the final “A” in our pyramid ACCOUNT LENS Buyer Data Technology ANALYTICS AUTOMATION @drebang @londonjames 19
  20. We are turning our team from beat cops... @drebang @londonjames into Batman 20
  21. Big data surfaces active and passive signals to act as triggers Active Signals  Visiting mktg website, taking action Passive Signals Sample signals  Customer hasn’t used product in past 2 weeks  Social Media Status updates  Profile/role changes (LinkedIn)  Mktg or sales have not contacted in X months  Renewal dates, anniversaries, birthdays @drebang @londonjames 21
  22. We describe our approach as event-based account management event-based account management (eBAM) @drebang @londonjames 22
  23. We’re live with “Crystal Ball”: right triggers at right accounts at right time Account Alerts - 78 Workday Decision Maker Move Aug 27 Jane Doe, a DM at AcmeCo joined White paper downloaded Aug 26 John Smith, downloaded paper D Product buy (Linkedin.com) Aug 23 Sally Jones, purchased product F Netflix Seat Holder Move Aug 27 Bob Miller, moved from BobCo to Marketing email opened Aug 26 Emily Taylor, opened email K @drebang @londonjames 23
  24. Our goal is simplicity for the user, it just works. The complexity is “underneath the water” @drebang @londonjames 24
  25. High Level Solution Architecture – We use SFDC as a Platform Firewall BOOMI ATOM DATA WAREHOUSE PROPRIETARY DATA SOURCES & APPLICATIONS 25
  26. Crystal Ball Results 4 Months from concept to deployment. < 1 Month for data orchestration and piping. 50x more data in span of a month. 26
  27. Crystal Ball Alerts @drebang @londonjames 27
  28. Crystal Ball Account Intelligence @drebang @londonjames 28
  29. Crystal Ball Contact Intelligence @drebang @londonjames 29
  30. Crystal Ball Collaboration @drebang @londonjames 30
  31. 3 A’s: Account lens. Analytics. Automation. ACCOUNT LENS Buyer Data Technology ANALYTICS AUTOMATION @drebang @londonjames 31
  32. “Leveraging data to drive sales at LinkedIn” Agenda  LinkedIn’s approach  Learnings & tips @drebang @londonjames 32
  33. #1 We need strong business AND analytics AND technology partnership @drebang @londonjames 33
  34. #2 Keep it simple @drebang @londonjames 34
  35. #3 Experiment, Measure… Repeat… @drebang @londonjames 35
  36. Entering 2014, we’re inspired by the same goal as in 2010 “Power the most effective enterprise sales & marketing engine in the world by leveraging LinkedIn's unique data assets” @drebang @londonjames 36
  37. @drebang @londonjames
  38. @drebang @londonjames
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