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6 Firmographic Info to Gather on Your Next Contact List Appending Run

posted by Margaret Spencer on September 15, 2017

6 Firmographic Info to Gather on Your Next Contact List Appending Run

In B2B marketing, getting to know your prospects and leads better can oftentimes require adding more fields on your marketing database. That’s why contact list appending remains a critical component of a modern B2B marketer’s data management plan. When done right, data appending enables you to paint a sharper image of potential customers, so that you’ll be able to engage and nurture them the right way.

In a previous blog entry, we wrote about a number of tried-and-tested segmentation strategies to boost response and conversion rates. One approach we pointed out was to segment a list based on company-level information. In that same post, we also saw that firm-level attributes should act as your list segmentation baseline, since company details are widely-available and inexpensive to gather on scale.

But a key challenge when slicing a list based on firmographics is that there’s often way too much information you can collect on a company. It can be difficult to decide which attributes to focus on and which ones to ignore, given the dizzying amount of company-specific information available out there.

So, before you kick-start your next contact list appending project with an in-house team or with a third-party provider, don’t skimp on any of these six must-have firmographic attributes (arranged in no particular order):

 

  1. Job Title

If the fields in your B2B contact list include only the standard first and last names plus email address, then you’re doing your whole email marketing effort a massive disservice each time you reach out.

Job titles are a great way to start coming up with more relevant and personalized messages. Each job title represents an entire set of (potentially) unique pain points and interests you can use to refine your targeting precision.

 

  1. Role in Buying Process

Knowledge Tree says there may be 7 to 20 decision-makers involved in most B2B buying decisions. That’s a lot of people to reach out to, each with their own priorities, objectives, and interests to look after.

That’s why finding out what role a prospect plays in the purchase process can make or break your marketing campaign’s targeting and segmentation capabilities.

 

  1. Industry

This really should go without mentioning, but we’ll include this here for good measure. A target company’s industry should sit on or close to the top items on a list of must-have firmographic data.

On your upcoming contact list appending project, you (or your service provider) should match not only the industry name but also the corresponding NAICS/SIC codes as well.

 

  1. Number of Employees

Knowing a company’s size based on how large or small its workforce is can be an ideal segmentation/targeting route to take for some B2B organizations.

This company detail is especially useful if your solution or product line is geared toward businesses with a specific workforce size. A startup with fewer than 50 employees most likely has a different set of pain points when compared to an enterprise of more than 500 employees.

 

  1. Annual Revenues

Similar to employee size, a company’s annual revenue helps you objectively classify how large or small your target business is. Annual revenue is a standard field in most B2B prospect lists. It’s usually taken together with workforce size when segmenting or filtering B2B marketing databases.

Many third-party contact list appending companies supply figures for annual sales either as an actual amount or as an estimated range. So, when you choose to partner with a data provider, make sure that the value type for this field remains consistent for each record.

 

  1. Location

Depending on your targeting needs, geographic location can be as broad as a single field for country/region or as granular as street address. The main idea is to ensure consistency with the location data you or your service provider obtains.

You should also consider appending data on whether the given address refers to the company’s headquarters or one of its branches, unless this information is already apparent on the address field names themselves.

These are the top six types of company information you should be looking at as part of your B2B contact list appending activities. Of course, there are a ton of other firmographic data worth collecting, but let’s save those for a future post or for the comments section below.

Posted in B2B Leads | B2B Marketing | Business | Business Advice | Contact Database | Contact Lists | Lead Generation | marketing | Marketing Tips | sales with no comment


6 Actionable Ways to Segment Information Technology Mailing Lists

posted by Margaret Spencer on September 12, 2017

Whether IT managers, directors, or CIOs (or all three) make up your information technology mailing lists, reaching out to an organization’s IT decision-makers via email can be a tough nut to crack. IT folks tend to be a well-informed bunch (i.e., keeping up with developments in their field is an unwritten item on their job […]

Posted in B2B Leads | B2B Marketing | Business | Business Advice | Contact Database | Contact Lists | Lead Generation | marketing | Marketing Tips | sales with no comment


5 Tradeshow Tips to Grow Human Resource Email Lists the Right Way

posted by Margaret Spencer on September 7, 2017

Surveys reveal that between 75% to 77% of B2B marketers rank in-person events like tradeshows and conferences as their top-performing marketing tactic. Tradeshows are great venues for finding qualified leads in an industry or market, since these events are where you’ll typically meet decision-makers, influencers, and thought leaders face-to-face. That’s why, if you’re looking for […]

Posted in Advertising Company | b2b contact leads database | b2b contact list | B2B Leads | Business | Business List Provider | Contact Database | Contact Database | Contact Database Provider | contact leads database | Email List Provider | marketing | Marketing Tips | sales with no comment


4 Tips to Better Gauge the ROI of Your Custom Targeted Database

posted by Margaret Spencer on September 2, 2017

In a previous post, we took a look at five key metrics to gauge your list’s performance and effectiveness. But we left out one crucial KPI that you should always be keeping track of: the ROI that your list generates. As we’ll see below, measuring exactly how much return a Custom Targeted Database brings to […]

Posted in B2B Contact Database | b2b contact leads database | Business | business directory database | Contact Database Provider | E-mail marketing services | Email List Provider | marketing | sales with no comment


5 Metrics to Measure the Health of Your B2B Contact List

posted by Margaret Spencer on August 31, 2017

You can’t manage what you don’t measure. That’s according to an old business adage that’s still relevant in marketing today, especially now that marketers are drowning in an ocean of metrics and KPIs that let them know what works and what doesn’t. So what numbers should you be keeping track of to get a feel […]

Posted in B2B Appointment Setting | B2B Contact Database | b2b contact leads database | b2b contact list | B2B Mailing Lists | Business | marketing | sales with no comment


A 5-Point Data Hygiene Plan for Your B2B Contact Leads Database

posted by Margaret Spencer on August 26, 2017

You may not know it, but you’re wasting at least 12% of revenues due to bad marketing data. That’s according to a review from Econsultancy that says bad data tend to directly impact profitability in as much as 88% of companies. That’s why proper data hygiene is as important as ever, since practically every marketer […]

Posted in B2B Contact Database | B2B Mailing Lists | Business | Business Contact Database | E-mail marketing services | Emailing List Provider | marketing | sales with no comment


The 5 Cases Where It’s Okay to Buy a B2B Contact Database

posted by Margaret Spencer on August 25, 2017

If you go around asking whether to buy a B2B contact database, chances are you’d soon end up being chastised for simply just thinking about it. This is a little unfortunate, since a bought list sometimes makes more business sense. In fact, there are specific cases where buying a list can potentially bring you better […]

Posted in B2B Contact Database | B2B Mailing Lists | Business | Business Contact List | Business Email List | Contact Database | Contact Database Provider | contact leads database | contact list | e-mail marketing | E-mail marketing services | Email List Provider | Mailing List Provider | marketing | sales | Telemarketing List with no comment


Is Your B2B Contact Leads Database Ready for the AI Revolution?

posted by Margaret Spencer on August 16, 2017

One of the main takeaways from Salesforce’s 2017 STATE of MARKETING report  is that investments in AI has outpaced spending in other marketing tech areas. B2B marketers are adopting AI technologies ranging from predictive lead scoring to chatbots in droves. But before you get caught up in the hype, there’s one thing you need to […]

Posted in B2B Contact Database | B2B Leads | B2B Mailing Lists | Business | Business Contact List | business directory database | Business Mailing List | Contact Database | Contact Database Provider | contact leads database | contact list | Contact Lists | Database Providers | marketing | Marketing Tips | sales | Uncategorized with no comment


The B2B Consultative Selling Approach

posted by Margaret Spencer on August 3, 2017

Peoples’ way of buying have dramatically changed over the years. In the past, buyers had to approach the seller early in the sales process in order to research information for their purchase. The buyer needed information and the seller had it. Seller had the power to influence the sale as they come back with more information […]

Posted in Business | Business Advice | lead acquisition | Lead Generation | sales | sales ability with no comment


6 Signs Your Email Marketing Service Provider Is Doing It Right

posted by Margaret Spencer on July 28, 2017

Email marketing is far from dead. In fact, a recent survey conducted by Ascend2 revealed that using emails is the first of the top three most effective digital marketing tactics used by more than half of companies with a rating of 61%. Also, according to Hubspot, 59% of B2B marketers consider email as the most […]

Posted in B2B Marketing | Business | Business Advice | e-mail marketing | E-mail marketing services | lead acquisition | Lead Generation | Lead Nurturing | marketing | marketing ability | marketing automation | Marketing Tips | sales with no comment


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