What Is An Intent
Data Bank?
An Intent
Data Bank is essentially a hub for all user
behavioral insights collected online. It tracks signals such as searches
conducted, content downloaded, or interactions with competing websites. These
signals are an indication of the account's interest in a given solution and an
inside look into where that account stands in its buying journey.
How Intent Data
Refines Lead Scoring
1. Behavioral
insights: Traditional models of lead scoring often lack context about a
prospect's interest. Adding intent data will allow for insights into behaviors
such as repeated searches, frequent visits to a website, or attendance at
webinars. These behaviors more clearly show intent.
2. Prioritize in
Real Time: An intent data bank updates on the spot-and allows your team to
identify which accounts are actively conducting research for solutions. This
ensures that both your sales and marketing teams can respond immediately, thus
increasing the chance of conversions.
3. Higher Accuracy:
Intent signals allow you to score prospects based on their actual behaviors,
not just how well they fit. For instance, an account that conducts numerous
searches on industry topics is likely much closer to the actual purchase than
others simply meeting demographic qualifications.
4. Personalized
Outreach: The team, thanks to an intent data bank, can send personalized
messages based on the specifically expressed interests and activities of any
lead. This leads to much greater engagement, which makes outreach efforts much
more effective.
Plan for Merging
Intent Data Bank with Lead Scoring
Merge the intent
data bank with your CRM and marketing platforms. Use it to fortify your scoring
models with leads that demonstrate strong intent signals as top priorities.
Also, train your teams to be able to read and act on these signals
appropriately.
Conclusion
An intent data bank
takes lead scoring to the next level by offering actionable insights that go
beyond raw demographics. Equipped with ABM intent data,
your team can prioritize leads more accurately, engage them at the right time,
and turn these leads into customers at the highest rate. This will help
businesses to maximize their ROI and create much-improved sales and marketing
strategies.
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