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

posted by Margaret Spencer on August 26, 2017

A 5-Point Data Hygiene Plan for Your B2B Contact Leads DatabaseYou 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 today makes decisions based on insights extracted from the data sitting in their CRM or prospect lists. In today’s post, we’ll go over the five key points you need to carefully consider in order to come up with an actionable data hygiene plan for your B2B contact leads database.

 

  1. Develop a thorough data maintenance routine.

Inaccurate data occupies just one segment    in the Venn diagram of bad data. There are other data quality issues—such as missing data, inconsistent data, duplicate data, and unsynchronized data—that you also have to watch out for.

So, you need data maintenance initiatives that both prevent and fix data quality issues at different stages of your data life cycle—from data collection all the way to data removal.

 

  1. Remove data barriers and silos.

In a typical B2B organization, it’s not uncommon to find multiple instances of the same piece of prospect data housed in separate locations (e.g., marketing automation platform for marketing and CRM database for sales). This increases the possibility of having unsynchronized, inconsistent, and misaligned information used by different teams.

A good data hygiene plan also needs to take into account potential barriers to the free flow of data across users, teams, and departments. There should only be one version of a piece of prospect information at any given time.

 

  1. Supplement manual with automated processes.

For best results, data hygiene should be carried out with the right mix of manual and automated data cleansing methods. While tools like AI and machine learning have now streamlined data hygiene tasks, there’s still a clear need to keep humans in the loop.

Take, for example, data deduplication. Most commercial data scrubbing packages come shipped with powerful deduplication capabilities, which are especially helpful for scrubbing a large B2B contact leads database. But the deduplication process still requires human input to correctly identify which redundant records to keep and which ones to discard.

 

  1. Rethink your entire data quality approach.

Another key point that your data hygiene action plan needs to address is to make data quality everyone’s concern. While you need to define clear roles and assign specific tasks for maintaining data quality, it’s equally important to make sure everybody’s onboard.

Also, keep in mind that you can’t manage what you can’t measure, so you need to choose a relevant set of KPIs and benchmarks to gauge how well your data hygiene initiatives are performing.

 

  1. Know when and how to look for expert help.

In some cases, outsourcing part of your data hygiene program to a data quality solutions provider is a more practical option than doing it yourself. For instance, enriching your prospect data for improved segmentation is best done with a third-party data provider, since doing this in-house can take up time and resources which could be better spent elsewhere.

So, take stock of your current data hygiene capabilities, and let a reputable data quality solutions provider handle those activities that you’d have a hard time carrying out in-house.

Now that you’ve nailed down what a data hygiene action plan should contain, it’s time for you to flesh out concrete ideas for maintaining data quality. Use these five points as guidelines, and be sure to track, test, and tweak your strategy.

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


3 Reasons Why Savvy B2B Marketers Do Email Marketing With Purchased Contact Lists

posted by Margaret Spencer on July 20, 2017

When handled correctly, you can take advantage of purchased contact lists to its full potential. That is why savvy B2B marketers include purchased contact lists in their must-haves especially when running email marketing campaigns. Here are three reasons why they just love to do so. It lets you kick-start your email campaign right away. Inbound […]

Posted in B2B Contact Database | B2B Leads | B2B Marketing | Business | Business Advice | Business Contact Database | Business Contact List | Business Database | business email database | Business Email List | business email lists | Business List | Contact Database | Contact Database | contact database for email marketing | contact list | Contact Lists | Custom list | Database | E-Mail Lists | e-mail marketing | email database list | email lists for lead generation | Email Marketing List | lead acquisition | Lead Generation | marketing | Marketing Tips | sales with no comment


Sending To Your Bought B2B Contact List Like A Boss

posted by Margaret Spencer on July 17, 2017

  Developing your B2B contact database in a short amount of time or even overnight isn’t so impossible! How? You can’t go wrong in buying a B2B contact list! However, some  business owners are reluctant to use bought data. They view sending to a contact list as risky. But that should not be the matter […]

Posted in B2B Contact Database | B2B Marketing | Business | Business Advice | Business Contact Database | Business Contact List | Business Database | Business List | Contact Database | Contact Database | contact list | Contact Lists | Data Records | data tips | Database | lead acquisition | Lead Generation | marketing | marketing ability | marketing automation | Marketing List | Marketing Tips | sales with no comment


B2B Prospecting: The Key To Getting More Sales From Your Sales Leads Database

posted by Margaret Spencer on July 14, 2017

If you have a sales leads database and still wondering why you’re not seeing that sales figures, that might be because you have fallen short in prospecting. It’s a common knowledge that there are a lot of ways to do this like employing cold calling and email marketing. So why persist in prospecting? Isn’t having […]

Posted in appointment setters | B2B Appointment Setting | B2B Contact Database | B2B Leads | B2B Marketing | B2B Telemarketing | Business | Business Advice | Business Contact Database | Business Contact List | Business Database | Business List | Contact Database | Contact Database | contact list | Contact Lists | Database | lead acquisition | Lead Generation | Leads Database | marketing | marketing ability | Marketing Tips | sales | sales ability | Sales Leads Database | telemarketers | telemarketing tips with no comment


Getting B2B Sales Done in B2B Marketing

posted by Margaret Spencer on July 13, 2017

The art of persuasion is any sales representative’s weapon. At best, they can make a prospect say that consecutive yeses. This is their part as a business educator. However, they still need to be present at the signing of contract in light of the fact that objections may arise despite of it being the end […]

Posted in B2B Marketing | Business | Business Advice | marketing | marketing ability | Marketing Tips | sales | sales ability with no comment


Sales Leads Qualifying Questions and Attributes

posted by Margaret Spencer on July 10, 2017

Provided that a qualified lead generation in a B2B marketing-for-leads program is to flourish, marketing, sales and corporate management should part an integrated definition of qualified sales leads. This is because the marketing team will have a better shot in producing leads that will be significant to the sales representatives if every one of them […]

Posted in B2B Leads | B2B Marketing | Business | Business Advice | lead acquisition | Lead Generation | marketing | marketing ability | Marketing Tips | Qualified Leads | sales | sales ability with no comment


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