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Tim Courtright
Executive General Manager Sales
Veda
NAVIGATING OUR JOURNEY – LINKEDIN
NAVIGATOR FROM PILOT TO PRODUCTION
Navigating our Journey
LinkedIn Navigator Pilot to Production
Tim Courtright
Executive General Manager Sales
29 October 2015
Who is Veda?
We help people make great decisions
Industry % of
attendees
A-Agriculture,Forestry andFishing 2%
C-Manufacturing 10%
E-Construction 3%
F-WholesaleTrade 5%
G-Retail Trade 7%
H-AccommodationandFoodServices 2%
I-Transport,Postal andWarehousing 3%
J-InformationMediaandTelecommunications 6%
K-Financial andInsurance Services 21%
L-Rental, HiringandReal Estate Services 1%
M-Professional,ScientificandTechnical Services 26%
N-Administrative andSupportServices 10%
P-EducationandTraining 1%
Q-HealthCare and Social Assistance 3%
S-OtherServices 2%
What do we know about your businesses?
Here’s a look around the room…and here’s what I’m thinking
33% had at least 1 Director
change in the last 12 months
38% have > 3 Directors
24% have an adverse on
the company or a Director
3.3% have a court judgement
against them
1company has been through External
Administration and another is starting
35% have double digit revenue growth
42% have gone backwards
26% have more debt funding than equity
25% have limited debt funding
27 have ~$47k overdue to suppliers
18> 14 days and ~$105k overdue
3>30 days and ~$256k overdue
Or is Jesse Rothstein a super salesman?
Was rolling out LinkedIn Navigator a good idea?
Why did we roll out Sales Navigator?
• Social Selling
• Industry Thought Leadership
• Expand Account Coverage
How did we roll out Sales Navigator?
• Pilot with key Client Executives and SLT
• Baselined and set goals and milestones
• Tracked progress and reported to teams
• Got New Photos
What did we do?
• Made it competitive
• Talked about who and what
• Tips and Tricks
• Use it or lose it
How am I doing?
wtf?
How did we go in the Pilot?
Team Ave SSI
31/12
Ave SSI
31/3
SSI
Result
Veda vs. Comp
31/12 – 31/3
Strats 43 56 31% 22%
I/R 40 59 48% 37%
Majors 35 50 42% 32%
December 31, 2014 March 31, 2015
90 Day Target: 20% Uplift in SSI and 10% Uplift vs. Competitors
Navigator - Does it work and are we using it well?
Improving SSI Score
Engaging with
Insights
44%
93%
Target 20%
Non-Navigator Navigator Enabled
3.4X
Building relationships: Engagement
It’s not always obvious, but there are some strong correlations
New logos & winbacks with Sales Navigator
4X
Increase in
relationships
Sampled 50 new business deals in 2015
LinkedIn used in 3
out of 5 deals closed
Entry into employment verification market
124%+
increase connectivity into HR
function
13Xmore relationships into HR
decision makers
Sales Navigator Users
These people have 44% higher SSI’s
Are we perfect? Occasionally I still get these emails…
“Does anyone know someone?”
Or he could have just used Navigator…
I found these connections in 3 minutes
Are we using LinkedIn to it’s full potential?
Or are we just working too hard?
For this customer:
• Veda Sales Navigator network is connected to 209 Decision Makers other than the Client Exec
• 49% of the Decision Maker views had an available warm introduction via Veda
Across all of Veda:
• 58% of all views outside of the Client Execs, had an available warm introduction
Are we getting the results?
• Social Selling
• Industry Thought Leadership
• Expand Account Coverage
Rolling out LinkedIn Navigator was a very good idea
www.getcreditscore.com.au www.inivio.com.au/landscape
Go to our websites and check out your credit score & marketing segment
Thank you
1

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Implementing the right metrics that empower high performing sales teams - Tim Courtright, Veda

  • 1. Tim Courtright Executive General Manager Sales Veda NAVIGATING OUR JOURNEY – LINKEDIN NAVIGATOR FROM PILOT TO PRODUCTION
  • 2. Navigating our Journey LinkedIn Navigator Pilot to Production Tim Courtright Executive General Manager Sales 29 October 2015
  • 3. Who is Veda? We help people make great decisions
  • 4. Industry % of attendees A-Agriculture,Forestry andFishing 2% C-Manufacturing 10% E-Construction 3% F-WholesaleTrade 5% G-Retail Trade 7% H-AccommodationandFoodServices 2% I-Transport,Postal andWarehousing 3% J-InformationMediaandTelecommunications 6% K-Financial andInsurance Services 21% L-Rental, HiringandReal Estate Services 1% M-Professional,ScientificandTechnical Services 26% N-Administrative andSupportServices 10% P-EducationandTraining 1% Q-HealthCare and Social Assistance 3% S-OtherServices 2% What do we know about your businesses? Here’s a look around the room…and here’s what I’m thinking 33% had at least 1 Director change in the last 12 months 38% have > 3 Directors 24% have an adverse on the company or a Director 3.3% have a court judgement against them 1company has been through External Administration and another is starting 35% have double digit revenue growth 42% have gone backwards 26% have more debt funding than equity 25% have limited debt funding 27 have ~$47k overdue to suppliers 18> 14 days and ~$105k overdue 3>30 days and ~$256k overdue
  • 5. Or is Jesse Rothstein a super salesman? Was rolling out LinkedIn Navigator a good idea?
  • 6. Why did we roll out Sales Navigator? • Social Selling • Industry Thought Leadership • Expand Account Coverage
  • 7. How did we roll out Sales Navigator? • Pilot with key Client Executives and SLT • Baselined and set goals and milestones • Tracked progress and reported to teams • Got New Photos
  • 8. What did we do? • Made it competitive • Talked about who and what • Tips and Tricks • Use it or lose it
  • 9. How am I doing? wtf?
  • 10. How did we go in the Pilot? Team Ave SSI 31/12 Ave SSI 31/3 SSI Result Veda vs. Comp 31/12 – 31/3 Strats 43 56 31% 22% I/R 40 59 48% 37% Majors 35 50 42% 32% December 31, 2014 March 31, 2015 90 Day Target: 20% Uplift in SSI and 10% Uplift vs. Competitors
  • 11. Navigator - Does it work and are we using it well? Improving SSI Score Engaging with Insights 44% 93% Target 20% Non-Navigator Navigator Enabled 3.4X Building relationships: Engagement It’s not always obvious, but there are some strong correlations
  • 12. New logos & winbacks with Sales Navigator 4X Increase in relationships Sampled 50 new business deals in 2015 LinkedIn used in 3 out of 5 deals closed Entry into employment verification market 124%+ increase connectivity into HR function 13Xmore relationships into HR decision makers Sales Navigator Users
  • 13. These people have 44% higher SSI’s
  • 14. Are we perfect? Occasionally I still get these emails… “Does anyone know someone?”
  • 15. Or he could have just used Navigator… I found these connections in 3 minutes
  • 16. Are we using LinkedIn to it’s full potential? Or are we just working too hard? For this customer: • Veda Sales Navigator network is connected to 209 Decision Makers other than the Client Exec • 49% of the Decision Maker views had an available warm introduction via Veda Across all of Veda: • 58% of all views outside of the Client Execs, had an available warm introduction
  • 17. Are we getting the results? • Social Selling • Industry Thought Leadership • Expand Account Coverage Rolling out LinkedIn Navigator was a very good idea
  • 18. www.getcreditscore.com.au www.inivio.com.au/landscape Go to our websites and check out your credit score & marketing segment Thank you
  • 19. 1