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As part of our announcement today of our new snapshot on Salesforce CRM we have also announced a webinar to show our sales users the power of being able to do account analysis in line when preparing for meetings or planning out campaigns. Join us!
Conduct Major Account Analysis to Increase Revenue Today
Date: July 27, 2010
Time: 1:00 PM PDT or 4:00 PM EDT
Registration Link: https://www2.gotomeeting.com/register/148402243
Webcast link: http://www.firstrain.com/Events.php
We’re making a snapshot of FirstRain intelligence available for free on Salesforce.com AppExchange today – so everyone can get access to intelligent business search results within their accounts, contacts, opportunities etc.
Today’s announcement is the new free applet – a snapshot – that shows What’s Hot for each account. What are the most important business topics impacting the customer? (for example breast cancer in the Pfizer example below) What are the most recent management changes? Who are the top competitors and what are the latest developments with them?
The snapshot is designed to help the sales person figure out what to say on a call or in a meeting – how to help the sales person make their conversation relevant to the customer and their business. Arming the sales person to talk about the changes impacting the customer’s business (and how he/she can help) rather than speed-and-feed a product.
Why should you care? Because unlike typical databases, FirstRain uses the web as the most dynamic, real time source of updates and intelligence for your sales campaigns. But unlike typical web search it extracts out the events that are impacting your customer… and de-junks, filters and ranks what’s hot for you, so you only see what matters. This means you can
- Prepare for a call instantly
- Understand your account in context
- See competitor events and top news and blogs
- Know the top hot industry topics impacting your accounts
- See key unannounced management changes
- Link into deeper intelligence and reports
=> Know what you should know — but never have the time to research
We have a number of customers who have already downloaded the applet and they are telling us that not only is the information immediately useful – but also downloading the applet was easy and it runs fast! Great to hear.
Here’s a link to the press release….. and here are some samples of how the applet works inside salesforce CRM. As you would expect – it also has many links into FirstRain so licensed users can easily jump into company briefs and deeper views of their customer’s business to use during meeting and campaign planning.
You can see a demo and screenshots – or download the app for yourself – on our page on AppExchange.
“What’s hot” smart summary – FirstRain chooses what goes onto the front page of the snapshot based on where the hot activity is for the account
Who are the top competitors – and what’s happening with them?
What are the hottest issues in the industry and what’s been happening?
What is the trend in management turnover – who recently joined and left – plus a link through to extracted management team lists
We’re running two webinars in 2 weeks – one for marketing on June 15th and one for sales on June 17th. Each one is focused on how our successful “rainmaker” customers use FirstRain to sell more to their leading customers.
If you know more about your major accounts than anyone else, and if it takes you just a few minutes a day to have that knowledge, you can provide better service to your customer. You understand their business better than your competitor does. You spot opportunities to help them, and you are prepared for every conversation.
Our webinars will show techniques to use FirstRain to do this. Join us here.
We’re holding two educational webinars in June on how to use strategic intelligence to accelerate revenue – both for marketing or for sales – and Pete Krainik posed a few questions to me for the CMO Club website last week. This is just a preview – if you’d like to join us for a live discussion on June 15th you can register here. And if you are a CMO you can join an interesting community of your peers at http://www.thecmoclub.com/.
Pete: What’s really available on the web today to help CMOs understand their market? Isn’t it just a lot of noise?
Penny: That’s a great question because I think many people do wonder if the web can help with strategic issues. It’s well understood how to look for PR coverage in the web, but the reality today is that the web is also the most current, up-to-date view of companies and markets – it’s more current than databases of company and market data because they just cannot stay up to date – and if you can detect the patterns in it the web holds a rich wealth of critical information about how companies and markets are changing.
Pete: What types of questions can be answered real time?
Penny: Some examples of the questions that can be answered real time from the web are:
– What are the new developments around a hot industry topic – and what companies are being impacted?
– What are the visible management changes at a company, whether or not they are announced?
– Who’s competing with who? (real time, not out of date relationships)
– What’s impacting my customers customer’s business – and how can it impact my strategy, my sales team and my revenue?
– What’s the context of a competitors announcement – and how is the broad market of influencers and bloggers reacting to it?
This type of strategic intelligence is absolutely present in the web, but the high levels of junk and duplication make it almost impossible to find quickly without a research engine designed to find and report on company, industry, hot topic and management information. But as a CMO you know you want your strategic marketing team and sales teams to have it, and not have to spend time looking for it.
Pete: What are the most frequently requested reports today?
Penny: The most common report is configured by CMOs for their specific intelligence space. You select the companies, related competitors, related industry topics and business topics that impact your market and a rich report on the latest developments is emailed to you, or you can subscribe in an RSS reader and see it on your phone, or push it into your internal company portals. In addition, FirstRain staff will always help CMOs do this if you need help and can add hot industry topics into the application if you are looking for a new narrow area of coverage.
The second type of report is a Company Brief. This is an auto-generated contextual report about a company – and includes the ecosystem (business lines, competitors, hot topics) around the company, recent management changes, lists of detected management and their bios, recent events for the company – and also for it’s competitors and it’s industry. Because this brief extracts material changes and events, rather than a stream of unfiltered news, it is a very efficient way to quickly see the market events that are impacting a company and it’s business. We see both marketing and sales people use it to prepare themselves, or their management, for customer meetings and calls.
Pete: So why can’t I do this with consumer tools like Google and Bing?
Penny: Google and Bing are truly excellent at extracting structure and getting you to the right answer for typical consumer questions – like shopping, travel, movie times or local store information. Even Yahoo Finance is good at getting you recent news from the most popular news sites. But what none of these tools do is provide you with similarly well structured answers for companies, industries and hot topics. These are concepts that are hard to capture in keywords, and where the most interesting information may not even mention a company name, but the right tool can detect that it a web article or blog post is about a topic impacting a company.
In addition to finding and filtering web information to generate useful intelligence, the other critical functionality for marketing is reporting suitable for strategic readers (like marketing, sales and executives). Time is money and the right reports, producing just the critical intelligence that is impacting a product line or market take users directly to critical strategic intelligence in seconds.
Pete: What is one piece of advice you would give CMOs in the club as they look to the web to help them understand their markets?
Penny: Focus on the efficiency of how your marketing and sales team use the web. The costs of the time it takes to use consumer tools are enormous but they are hidden and with the tools like Google (which is where everyone goes first today) the web is a huge time sink and distraction to your team. You need the strategic intelligence the web provides, but you need to get at it efficiently so I recommend you focus on the timeliness, quality and relevancy of the intelligence you pull out – and how long it takes your employees to retrieve it into their decision process.
Click here to register for upcoming CMO CLUB Roundtable Webinar with Penny on “How Do Top Marketing Teams Use Up-to-the-Minute Intelligence to Accelerate Revenue”: https://www1.gotomeeting.com/register/827670465
Click here for more information on FirstRain: http://www.firstrain.com/Marketing.php