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B-to-B Panel: Selling Content to Businesses: From the Fortune 500 to Solo Entrepreneurs
Tom HigginsVP, Strategic Business DevelopmentBooks24x7, Inc.Tuesday, May 8, 2007
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About Books24x7
Pioneer in digital reference libraries since 1995 Originally focused on PC OEM market Pioneered Referenceware® in 1999
Established content relationships with over 300 publishers – over 10,000 documents and 3.6 million+ pages.
Acquired by SkillSoft (NASDAQ: SKIL) in December 2001 Based in Nashua, NH 1,200 employees, $220,000,000 in revenue World’s largest provider of elearning 1,700 corporate clients worldwide USA, EMEA, APAC
Access to IP-Protected content Over 5 million registered
subscribers from thousandsof companies.
It’s not about Search…it’s about Find!
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Leadership Development Channel
ExecSuite•ExecBlueprints•ExecSummaries•ExecEssentials
Leadership Development Channel
ManagerSuite•ExecBlueprints•ExecSummaries•BusinessPro
Leadership Development Channel BusinessPro AnalystPerspectivesFinancePro EngineeringProOfficeEssentialsGovEssentialsITPro HospitalityProOraclePress Well-BeingEssentials
Multiple Collections for Corporate Users
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Example: BusinessPro Collection
Key Business Topics:
Global Strategy Leadership Development Communication/Negotiation Decision Making/Problem Solving Effective Business Writing Corporate Governance Work-Life Balance & the Home Finance and Management Technology & Innovation Case Studies
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The Leadership Development Channel
440 On-Demand Videos 259 Leadership QuickTalks 46 MBA QuickTalks 200 CEO QuickTalks 31 Sarbanes-Oxley QuickTalks
6-8 Executive Leadership “Live” events webcasted annually
Video is both time-effective and high impact – users can quickly grasp concepts and apply them
Ken Blanchard
StephenCovey
TomKelley
TomPeters
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Top-level Navigation
Topical Interface
Search Interface
Browse Tools
Folders
Workspace
RSS
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Books24x7 Mobile
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Video “QuickTalks” part of search
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Focus on the Selling Process
300 Customer Facing Professionals Field Sales Reps Account Consultants Global Business Development Execs Focus on ROI, “Plan for Success”, Usage & Team Selling
Tremendous System Support and Analysis Attractive comp plans & Business Terms – scalable model Adherence to Sales Process formula Target Account Lists per rep CRM Tracking; emphasis on Renewals, Expires and Risks Dedicated Field Operations team Weekly team meetings and Reviews
Intense Focus on our Partner’s Success
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Marketing Support
Sales Support iPod Nanos and MP3 players Author-series PodCasts Webinars to highlight core topics
Marketing Resources RFP Requests Team Strategies ROI Calculators Trend Analysis “Crucial Conversations”
Summaries
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Cost of Doing Business on Average Employees
Spend 12 hours each week on information gathering tasks (BusinessWeek Online, 6/2006)
Spend up to ¼ of their day searching for information to complete a given task (Butler Group Report, “Enterprise Search & Retrieval”, 10/2006)
Middle Mangers (Accenture Newsroom Survey, 1/07) Spend more than 1/4 time searching Half the information is of no value to them Miss information of value to their jobs almost every day Accidentally use the wrong information at least once a
week Senior Leaders (Bersin White Paper, “How
Executives Stay Informed”, 11/2005) Acknowledge staying informed is
time-consuming/costly Question the veracity of information from web Want more time to read
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ROI Calculations: They Must Be Relevant
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The Pilot: A vital part of the selling process
Leverage survey results to increase focus on ROI
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Account Consultant Case Study: Disney
450 ITPro seats
Ticket-based authentication from their “Disney” portal
Launched in September – included emails, flyers on each employee’s desk, and virtual and in-person open house demos
In December sent a reminder email with usage statistics, top books accessed, and highlighted books on Project Mgmt and IT certification
Usage now over 50%
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FinancePro: Qwest
Targeted Financegroup: emails and virtual demo
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New Book Alerts: Driving Usage
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Corporate Topic Trees
Administrators can create core topic trees to drive usage
Administrators can create core topic trees to drive usage
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Reporting: Unique Insight Into Usage Stats
SelfService
Reporting
It’s all about the Usage!!
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Books24x7’s Corporate Portal ProgramDriving site usage for our Corporate Clients
High value trusted content for their clients• Enhance the portal with trusted
Referenceware® content• Custom, focused collections jointly
defined• Co-branded, unique web site
• Opportunity to:• Establish a new entry point for
customers• Create new revenue streams
through potential ad-server links• Track usage and demographic data
Key benefits • Drives traffic to their site• Enhances and expands vital customer
relationships • Strengthens membership affiliation
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Thank You
Tom HigginsBooks24x7, [email protected]