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Use information more effectively in B2B marketing Find new customers, create targeted lists and enrich your own data Tony Pringle Managing Director Bureau van Dijk - UK &

Using information more effectively in B2B marketing

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What information is available to B2B marketers? Where does it originate from; how can it be used in the marketing process? Tony Pringle, BvD's UK MD will look at these issues and discuss the relevance of external data, what it can show you about your customers and prospects and how integrating it with your CRM can make you more efficient. Tony will illustrate how a CRM data integration process works, what you need to take into account and what the benefits are. He'll show you how external data sources can complement and enhance your own data and how you can use them effectively to: • Find new prospects • Learn more about your existing prospects • Create targeted lists • Automatically enrich and refresh your own data for more strategic sales and marketing and lead nurturing.

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Page 1: Using information more effectively in B2B marketing

Use information more effectively in B2B marketing

Find new customers, create targeted lists andenrich your own data

Tony Pringle

Managing DirectorBureau van Dijk - UK & Ireland

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Global

UK

Europe

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Give me those leads!

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Information“Information is a source of learning. But unless it is organized, processed, and available to the right people in a format for decision making, it is a burden, not a benefit.”

William Pollard

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DataWhat’s out there and where does it come from?

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SourcesOfficial bodies

• UK - Companies House

• Gazettes (companies in receivership/liquidation)

Call centres/primary research• List sales (D&B, Market Location, OneStop, .)

• News and corporate actions such as acquisitions

• Market research (industry/country/company)

Social media• LinkedIn etc

Crowd sourced• Jigsaw /Data.com, Zoom Info

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SourceCompanies House

• Status (active)

• Registered office

• Directors /Company Secretary

• SIC classification*

• Accounts (full or abbreviated) –turnover?

• Shareholders (immediate not ultimate)

• Advisors (auditor)

SIC = standard industry classification, 2007 offer more detail around hi-tech and services

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Companies Act 2006Accounts Exemption Thresholds for companies with accounting periods starting on or after 6th April

2008

Total audit exemption To qualify for total audit exemption, a company must:

• Qualify as small• Have a turnover of not more than £6.5 million• Have a balance sheet total of not more than £3.26 million

Small company To be a small company, at least two of the following conditions must be met:

• Annual turnover must be £6.5 million or less• The balance sheet total must be £3.26 million or less• The average number of employees must be 50 or fewer

Small group To qualify as small, a group of companies must meet at least two of the following conditions:

• Aggregate turnover must be £6.5 million net (or £7.8 million gross) or less• The aggregate balance sheet total must be £3.26 million net (or £3.9 million gross) or less• The aggregate average number of employees must be 50 or fewer

Medium companies etc…..

http://www.companieshouse.gov.uk/about/gbhtml/gp2.shtml#ch7

Companies House rules

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SourcePrimary research

• Verification process for contact data

- “can you confirm that...”

- Names, e-mails, turnover, employees

• Enriching descriptive content

- “other business services” (Companies House, SIC description)

- “This company is engaged in the electronic publishing of company information and

business intelligence. It was established in 1991 as a separate entity following a division of

activities within Bureau Marcel van Dijk. …specializes in adding value to data to create easy-

to-use, flexible and state-of-the-art solutions that allow users to manipulate information for

research, financial analysis and marketing intelligence… serves a client base of

approximately 5,000 businesses…” (Overview from BvD)

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SourcePrimary research - key intelligence/insight

Market research

• Company, industry, country profiles

• Marketline, EIU, Global Data

News

•The Financial Times Newspapers and Newswires, Reuters, DowJones, Bloomberg

•Web scraping e.g Moreover

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SourceSocial Media

• LinkedIn 175 million – popular in US, UK (10m+ in UK)• Viadeo 45 million – popular in France• Xing 12 Million – popular in Germany• Ecademy 600,000 users• Doostang 1 million

• Self cleansing

• Data protection “private”

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SourceCrowd sourced data

• “User-generated database that's continually updated by its members that leverages Web

2.0 technology”

• Credibility (of provided information) is a concern

“I think crowd sourcing, based upon what we've observed in the

market, tends to have a natural ceiling.”

Mike Sabin

VP for Sales & Marketing, Dun & Bradstreet

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February 25, 2012 Louise Green Training Manager Bureau van Dijk 55 Broad St New York,NY 10004-2501 Dear Louise: I would like to speak with your organization regarding how we can assist your efforts to generate quality sales opportunities for your organization. Over the past seven years, we have been providing first-class B2B lead generation services for some of the largest and most successful organizations in the world today. We provide a turnkey solution including a) creating professional marketing materials, b) granting access to our database of key decision makers to your team, c) sending out e-Letter campaigns to select targeted clients, d) follow-up services via telephone and e) closing new business opportunities for you. Our service is excellent for introducing new products, good and services - support channel partners - and ultimately driving bottom line profits.

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Integration

Leveraging the value of externally managed content by bringing it into your own data

environment

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Accessing data

Data integrated within CRMExternal data source

Data request made…

Requested data returned in XML format

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In the “Cloud”

Data integrated within CRMExternal data source

Data request made…

Requested data returned in XML format

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Matching internal to external data

The process of connecting records from an internal system (such as a CRM) to a data

provider’s unique reference number

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MatchingAccuracy of matching drives the benefits

• As accurate as possible

• BvD in a CRM doesn’t get linked to Bureau van Dijk

• Engaging in the process is a wise investment

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Matching - data management

• Removing businesses that are no longer trading

• Identifying multiple records and consolidating

• Replacing old content with new

• Adding data points to existing records for richer content

• Adding new records that look like your best clients/prospects

• Adding intelligence to help prioritise and nurture leads

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Matching - profiling

Using third party software

Segmentation– Size

– Activity

– Location

– Risk

“More like this”

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Matching - monitoring and alerts

• Changes in control (business ownership)

• Recently resigned, or new, directors

• M&A activity

• Other business critical news– Jobs

– Contracts

– Restructuring

– Strategy

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Benefits

Promotes best practice and …

• Improves efficiency

• Improve decision making

• Improved ROI

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Using technology to deliver knowledge

“The goal is to transform data into information, and information into insight”

Carly Fiorina

Executive and president of Hewlett-Packard Co. in 1999. Chair in 2000