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Today we were pleased to announce our $11.5 million Series B funding round, led by current investors Emergence Capital Partners, Rembrandt Venture Partners and Greenhouse Capital Partners. During a time when companies and businesses are looking to be more productive and efficient – especially coming out of the recession – we’re proud to get such a vote of confidence in the way we are stepping up to meet that need.

As Rembrandt general partner Jerry Casilli put it, “InsideView is leveraging the explosion of social media to help businesses dig out from the recession and supercharge their sales teams for growth.” In their coverage of the news today, TechCrunch added to this, noting our ability to “give businesses sales intelligence and information that will aid sales operations with helping develop and maintain leads and clients.” We consider that a crucial element to growth in the current economic climate.

Indeed, we’ve worked hard in the past year by growing our customer base, helping establish an innovative sales community embracing the principles of Enterprise 2.0 – known as the Sales 2.0 Alliance – and a sound, yet innovative freemium business model. It’s exciting to continue this momentum throughout 2010.

Adds Casilli, “The triple-digit revenue growth that the company has been achieving quarter in and quarter out is a testament to a remarkable management team, a unique and right-timed product, and the power of the Freemium go-to-market model paired with a strong value proposition.”

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As the use of social media continues to scale across the sales industry, we are seeing an increasing number of examples where social Web tools are used effectively by sales professionals to create communities, spread information and drive business. We created a list to recognize sales industry professionals whose use of the social Web has really blown us away. This list of industry leaders is composed of sales executives, writers, trainers, analysts and more, all of whom are making savvy use of many of the social media tools available today, helping usher in the renaissance we like to call Sales 2.0. These are the folks, who like InsideView itself, are doing their part to deliver us to the future of the sales industry – one that is highly connected, informed and efficient.

We have continued this list from our original IV 20 because there are just too many great examples of social Web use to stop at 20. So, throughout 2010, we will continue to recognize worthy individuals and ultimately create InsideView’s top 50 sales industry social media users…stay tuned. Now, without further ado, your sales industry social media stars:

1) John Cousineau – Founder and CEO of Innovative Information

Twitter: http://twitter.com/jcousineau

More:  John is the founder and CEO of Innovative Information, makers of Amacus, a B2B sales productivity tool for Sales Reps. John specializes in B2B sales productivity and has spent over 30 years harnessing the capabilities of technology and information in ways that inform and accelerate business productivity. John regularly shares his wisdom on sales through multiple channels, including twitter and his blog.

2) Craig Rosenberg – Vice President, Products and Services at Focus

Twitter: http://twitter.com/funnelholic

More: Craig serves as VP of products and services at Focus, while also being the man behind the popular B2B sales blog www.funnelholic.com. Craig has had a wide range of sales experience having worked at over 23 startups ranging in technology verticals from storage, networking, business applications, security and infrastructure. Craig regularly posts new content to his blog, which he notes is intended for ‘those who live and work at the top end of the b2b funnel,’ if that sounds like you, check it out.

3) Miles Austin, Founder of Fill the Funnel

Twitter: http://twitter.com/milesaustin

More: As a sales professional who tweets multiple tips and resources per day, Miles knows a thing or two about sales Web tools (his company helps sales people select/implement the tools and training necessary for your team to benefit, quickly).  Check out Miles’ blog, www.fillthefunnel.com, to learn about the latest sales productivity tools.  (Full disclosure, we recently had the honor of being featured as a favorite sales intelligence tool on his blog.)

4) Craig Elias, Creator of Trigger Event Selling

Twitter: http://twitter.com/CraigElias

More: Craig’s Twitter handle share articles and resources to help sales professionals be more effective and efficient via social sales…and clever posts like “Word of Mouth on steroids.” Craig is authoring SHiFT! Harness The Trigger Events and leading the upcoming Webinar, Trigger Events: The Silver Bullet in Sales.

5) David Brock, Sales Consultant for Partners in Excellence Twitter

Twitter: http://twitter.com/davidabrock

More: David’s enthusiasm for building successful businesses and organizations is clear as he provides a consistent stream of content, enabling sales and business professionals through great information and tips about making the most out of their careers and opportunities. Be sure to tune in to his blog for his ideas…in long form.

6) Ardath Albee, B2B Marketer, Strategist, Writer, Storyteller and Author of eMarketing Strategies for the Complex Sale

Twitter: http://twitter.com/ardath421

More: Ardath is one of the lead generating and marketing gurus of Twitter. She shares her insight and highlights that of others on a consistent basis on Twitter, her blog and in her book – which, of course, involves best practices and tips for marketers.

7) Nigel Edelshain, CEO of Sales 2.0

Twitter: http://twitter.com/nedelsha

More: There’s a lot to live up to if you are the CEO of a company called Sales 2.0, an organization dedicated to the improvement of sales results via new and innovative Web tools. Nigel, however, lives up to the challenge by tweeting about all things Sales 2.0, including the latest news, tips and resources.

8)  Jeffrey Gitomer – Sales writer, consultant and speaker

Twitter: http://twitter.com/Gitomer

More: Jeffrey has created a veritable industry of his own within the sales industry. He has had great success in the print media world, authoring New York Times best seller books on sales strategy and effectiveness and also gives over 100 presentations per year on average on the same topics. On the social media front, Jeffrey has amassed a significant Twitter following for his short, concise sales tip tweets. He also blogs on sales topics at www.gitomer.comand www.trainone.com

9) Stephen Dill - Owner at SRD InterActive, Partner at MatchPoint

Twitter: http://twitter.com/srdill

More: Stephen refers to himself as a ‘Sales & Marketing consulting by day, reinventing public education by night.’ On the sales side, Stephen is seasoned in sales and marketing with expertise in the development and use of social media and interactive channels and their integration with traditional sales and marketing channels. Check out Stephen’s blog to read his thoughts on sales, technology and education or follow him on Twitter at http://twitter.com/srdill

10) Joe Vaughn, Sales professional and blogger

Twitter: www.twitter.com/joesales

More: Joe’s moniker, Joe Sales, sums up the feeling of the faceless salesperson, which is why it is refreshing to see that the man behind the name is so active on social media. Joe tweets insights on sales, among a range of other entertaining topics on his feed. Check him out at www.twitter.com/joesales

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Here at InsideView, we have a strong team based in Hyderabad, India (the capital of state of Andhra Pradesh) – a city attracting a lot of technology innovators looking to leverage global talent (Facebook recently announced their new office there), and we’re very proud of their hard work. We are pleased to announce that last week, following a weekend of presentations and competition in front of hundreds of technology leaders, InsideView beat out more than 150 other companies to take top prize in the multinational corporation category at the Annual Software Products Showcase hosted by ITsAP, a non-profit representing the software and IT industry in the state of Andhra Pradesh.

The best product award, given to SalesView, faced some steep competition, and points to a thriving environment of innovation in Andhra Pradesh overall. Indeed, the vision of ITsAP is to “position Andhra Pradesh as the leading intellectual capital of the world, by nurturing entrepreneurship, research and innovation, to achieve global excellence in IT products and services.” There was no shortage of intellectual capital at the event!

Our India-based team is right in the thick of this entrepreneurial corridor and this is a certain vote of confidence in what we’re doing for sales productivity, including outside of our headquarters here in San Francisco and on a world-wide scale.

More on the summit can be found at ITsAP’s event page and you can also join the organization on Facebook.

Great work and kudos to our team there!

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The Altimeter Group’s recent report, “The 18 Use Cases of Social CRM, The New Rules of Relationship Management,” highlights use cases to show businesses how to finally put social customers first, and the technologies to do so. Sales intelligence leader InsideView was named as one of only four companies as a ‘vendor to watch’ in the Rapid Social Response category, or as Altimeter explains, a technology to “catch a lead in mid-air.” The recognition, in conjunction with the report, exemplifies one of the first attempts to clarify the role of social media in the enterprise by segmenting business functions – in this case, sales.

How to Finally Put Customers First

Rapid Social Sales Response Explained

As Altimeter states, social sales enables seamless lead opportunities, emphasizing how being “social” allows companies the opportunity to reinvent business workflow, thus bringing new technologies to existing business functions like sales. As business-productivity technologies evolve, recognizing providers and detailing solutions are among the first steps of social adoption by enterprises, and we applaud Altimeter for their work in helping organizations map their route into the developing world of social technologies.

Why Companies Will Manage their Social Relationships

A few key takeaways from the report:

  • For companies, real-time may not even be fast enough. Companies need to be able to anticipate what customers are going to say, so they can be prepared and preemptively engage.
  • Companies are unable to scale to meet the needs of social. No matter how many community managers a company hires to support, they’ll never be able to match the number of active customers. So they need tools, and they need them now.
  • Customers don’t care what department you’re in; they just want their problem fixed.

When it comes to social selling, so many of these tenets are key to the process. If you know your lead and prospect inside and out, you’ll have a productive and engaging interaction no matter what. If your sales team has the right tools in place, they’ll be “first responders” when opportunities arise, and will be able to do so without wasting hours of time researching.

You can see the report in its entirety here; we’d love your comments and thoughts on what you think!

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Today’s post highlights blogs that are terrific resources to managing, maintaining and mastering the sales cycle. We’ve broken them out by three stages of the sales process that they specialize in – lead generation, lead management and lead nurturing /qualification. Did we miss any? Let us know in the comments.

Lead Generation

B2B Lead Generation Blog: Brian Carroll, CEO of InTouch and author of Lead Generation for the Complex Sale, runs a blog about B2B lead generation, sales leads and marketing for the ‘complex’ sale.

Dig It: SalesDog.com is one of the Internet’s most visited sales-success sites, with insight from several of America’s leading sales experts, bringing practical selling tips and strategies to salespeople, sales managers, business owners and entrepreneurs.

The Virtual Handshake: A resource guide for Web 2.0 technology users, including blogs, social network sites, virtual communities, relationship capital management software and more.

Lead Management

Sales Lead Management Association Blog: Articles to help you become more successful in the lead management sales business process. The blog allows you to respond to posted articles, share your thoughts, opinions and ideas.

Sales and Sales Management Blog: Paul McCord, best-selling author, sales expert, coach and trainer, provides insight about sales and sales management issues, specializing in sales trends and topics including introductions vs. referrals, use of incentives and much more.

Lead Nurturing/Qualification

The Online Marketing Blog Network: The network brings together expertise from the sales and marketing online community, contributing news, ideas, strategies, commentary, insights, research and more

Inside Sales Experts Blog: Shares thoughts about best practices for sales, lead generation and nurturing and revenue generation, including trends, tips, models and metrics.

B2B Sales and Marketing Blog: Industry discussion about lead generation, qualification and nurturing, focused on providing ideas about global business-to-business sales support, growing the sales pipeline and increasing sales numbers.

For an expanded list of all-things-sales blogs, check out the Top 100 Blogs to Boost Your Sales Skills.

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