Today, Trackle announced their new premium service of their popular information tracking and alert service. The newly released Trackle Pro, a fee-based subscription, is intended for business professionals, especially those in Sales, Marketing, or Public Relations roles.
The original Trackle service (which is free) allows subscribers to use “tracklets” – think category or type of news and information – to follow their interests in shopping deals, jobs, travel, stocks, sports, and more. Trackle claims, “An average user tracks about ten items which generate about twenty alerts per day.”
Soon Trackle discovered that it wasn’t just everyday consumers and individuals using their service for personal interests. They found that professionals in Sales and Marketing, as well as Public Relations and HR, were using the service to track companies, stocks, brand recognition and ranking, personnel changes, and more.
Many of us attempt the same thing with the use of an information tracking service in one form or another. Most fall into two primary categories, the entry level (often free) that makes a broad sweep across the Web, and the higher-end paid services that are specific and highly targeted in their information gathering and delivery.
I use Google Alerts as a simple and easy way to keep up with a small number of companies and people. I also get daily alerts from Business Wire that keeps me abreast of my interests in specific companies, headline news, market segments, or special interests (e.g., Blogging, Accounting, Social Media, Rail, Consulting, Environment, University, etc.). I subscribe to a number of other sources for alerts and information, too.
When it comes to the idea of Trackle Pro, I was a little skeptical at first; I wondered why people would be willing to pay for this level of information unless it was directly related to their business, or role in the company, e.g., Public Relations firms, Corporate Communications, or Marketing departments with a need for competitive intelligence gathering.
To answer that question, Pavan Nigam, CEO and Founder of Trackle, took me through a guided tour of Trackle Pro last week. The original Trackle was born out of Nigam’s personal experience; as he describes it in his CEO Blog, “One day, it dawned upon me that my web-usage had a fairly simple pattern. I found myself repeatedly going to the same websites for discovering changes.“
It didn’t take long for me to appreciate the value in Trackle Pro. Instead of the many feeds of information I get today, I could create my own customized dashboard of information retrieval. Trackle has partnered with a number of recognized information sources as well as their own ability to scour the Web to provide timely and relevant information. Subscribers will be able to build their own ‘favorites’ (of sources) along the way and share them with others.
During the demo, Nigam commented, "Right now a lot of people are trying to use Google Alerts to find all kinds of information when they really need a more robust research tool that spans their personal and professional interests. Trackle saves them a lot of time looking for all kinds of information online, but the real savings is in tracking the information they're not aware of - like a new lead in their LinkedIn network."
As a Trackle Pro subscriber, I can select tracking from the following categories: Company; Person; Brand; SEC filings; Website Changes and LinkedIn updates. Within those categories I can establish business rules – driven mainly by check boxes and free-form text fields – to retrieve only that information meaningful to me. There is even a chart feature to measure the “buzz”.
Trackle uses advanced algorithms to ensure a higher quality of information hits. Delivery of the information can be sent in a variety of ways. Much like my current methods, I can specify email, Web, or SMS. Incorporated in the email list of alerts – one email contains all my alert categories – are hyperlinks that work like a bookmark to my subscriber page on the Trackle site.
They are offering a 14-day free trial to get you started, then three levels of paid subscription, based on use/demand, starting at $9.99/month. Encouraged by the capabilities, I have some reservation in the price structure as it stands today.
Since the competition at the entry level is either free, or burden-only (i.e., the time and effort to find it on your own), unless you are tracking a small and well-defined landscape of information, I see people quickly needing to go to the higher levels of the Trackle Pro price structure. Also, where I see competition for them on the original Trackle in the form of sites like Everyblock.com, I see services like HubSpot, or deeper integration like Hoovers with Salesforce.com, pushing at them from the Trackle Pro side.
When it comes to Trackle Pro’s interaction with LinkedIn and Facebook, unless I am missing something, I think I could be patient for that information and use the existing notifications in each. I find that LinkedIn is enabling more ways to alert me to the activities in my network of contacts, social media, and groups. In some ways, all of this reminds me a little of the URL shortening market; one day it’s TinyURL, then shortly thereafter bit.ly takes the lead.
On the Sales and Marketing front, I can see the value for Marketing; but if this were intended as a tool for Sales to use for sales leads or demand generation, then it might be more difficult to justify (depending on your territory or sales assignment) the expense. Where I could see it in Sales would be for National Account reps (or those assigned to key accounts, or specific market segments), or those responsible for key channels of distribution.
If I were a Public Relations firm, I wouldn’t hesitate to try it out, and likely become a subscriber. The same applies to Corporate Communications and HR; professional recruiters could probably make use of it, too. If you were a Brand Manager, especially in a smaller firm, or a small business owner, Trackle Pro would probably be worth your time and investment. Also, if you are an emerging company or start-up, it could be a very useful tool on a wide range of information needs and market forces.
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