Driving Conversions with the Power of Buyer Intent Data

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Driving Conversions with the Power of Buyer Intent Data

Elevating your B2B marketing game? Cue buyer intent data, the powerhouse for reaching top-tier prospects. According to a recent Demand Gen Report, 97% of companies surveyed reported positive returns on investment (ROI) using intent data. This spells great news for the sales and marketing teams, especially as prospects transition towards a more independent buyer’s journey.

Understanding the content preferences, topics, and websites frequented by prospects during their contemplation or buying process empowers marketers and sales folks to craft precisely tailored campaigns. This is the core “intent” of buyer intent data, so to speak.

That said, despite its evident benefits, the same report suggests that only 25% of B2B organizations actively leverage buyer intent data to refine their targeting. Those adopting this methodology early on gain a strategic edge over their competitors. Let’s explore the transformative advantages of buyer intent data and how it has become a transformative force in the field of B2B sales and marketing.

Table of Contents

What is Buyer Intent Data?

Buyer intent data involves tracking how people navigate online content. This information helps marketers strategize by uncovering user intentions. It guides the creation of follow-up plans, content that resonates, and campaigns aligned with user queries.

Decision makers leave a digital trail online, revealing subtle clues about their intentions through the content they engage with. Buyer intent data acts as a tracker for spikes in content consumption, indicating when users show interest in relevant products or services.

Participating in webinars, subscribing to newsletters, downloading whitepapers, and providing reviews on case studies, hold the key for B2B marketers. When utilized with the right parameters, resources, and strategies, they offer a valuable glimpse into a prospect’s buying process, allowing marketers to strategically position their brand as the optimal choice.

The Untapped Advantages of Buyer Intent Data

While identifying businesses seeking your solutions is a major win in intent data marketing, there are additional valuable applications for this data-driven approach. Combining marketing intent data strategies with data segmentation procedures, where account-related data is analyzed and rated based on various criteria, can significantly aid new business development teams. Here are a few of the many ways this synergy proves advantageous:

1. Elevates Prospecting

The key to mastering intent data lies in the art of pinpointing potential customers at the outset of their journey. With online apps capable of signaling the content visitors engage with most, your sales development representatives (SDRs) gain a strategic edge. This allows them to tailor their approaches, articulating how your product perfectly suits the unique needs of these engaged visitors.

2. Maximizes ROI

A pivotal metric for any new business development team is the return on investment (ROI). Buyer intent data empowers your search engine marketing (SEM) professionals to assess leads based on critical factors like buyer stage, industry, revenue, firmographics, and demographics.

This strategic approach enables your team to zero in on prospects primed for deal closure. By directing retargeting and remarketing efforts towards the highest echelon of your target account list, your team can efficiently connect with prospects poised to finalize agreements.

3. Unveils New Markets

While focusing on your target audience is essential, intent data opens doors to potential lead sources you might have missed. Keep an eye out for spikes in unexplored industries. These uncharted territories often provide opportunities for your product or service to shine in unexpected ways. Once you identify these new markets, tailor your content to meet the specific needs of these visitors.

4. Empowers ABM Campaigns

When it comes to high-end prospects, account-based marketing (ABM) is the way to go. Thanks to agile intent data integration, you can map out your prospect’s journey and serve up content pieces that hold the answers to their questions.

By nurturing leads with the right mix of articles, videos, webinars, white papers, and other essential material, all finely tailored for their preferences, marketers can effectively pinpoint purchase-ready profiles.

5. Nurtures Your SEO

In the current world of SEO (Search Engine Optimization), it’s all about building online authority. While traditional techniques like backlinking still play a role in website ranking, Google is now favoring providers of valuable content that addresses consumers’ questions.

Intent marketing data gives you a full picture of the subjects, formats, and types of content your prospects are genuinely into. Use these insights to fuel your inbound marketing strategies and keep your SEO game strong.

6. Sparks Interest Along the Buyer Journey

An impactful B2B marketing campaign is all about timing, capturing people’s interest before they even think of reaching out to a salesperson. Why? Because, on average, B2B buyers are already 57% into the buying cycle by the time they contact a company for more information. A B2B campaign arriving at this stage is, well, fashionably late.

With buyer intent data, you can spark that “aha” moment in your prospect’s mind, subtly guiding them to believe they’ve independently arrived at the decision to engage with your company.

Here’s how intent data empowers you:

  • Seize the chance to connect with customers before they make the first move.
  • Tailor your messaging based on their content consumption.
  • Forge relationships with leads right from the start.

7. Streamlines Content Production

Relevance is the key across marketing channels, with successful campaigns built on the delicate balance of relevance and timing. As highlighted earlier, buyer intent data strategically positions you in front of your target audience at precisely the right moment.

Now, let’s explore how it streamlines your marketing team’s ability to produce relevant content at scale:

  • Develop landing pages tailored to answer specific questions.
  • Connect and categorize pages based on relevant topics.
  • Craft landing pages tailored for specific industries and applications.

Once you integrate intent data, capitalize on inbound marketing and lead generation. Keeping tabs on downloads and on-site events allows you to refine your content strategy for maximum impact.

Conclusion

Understanding, applying, and making the most of predictive data strategies is becoming a top priority for competitive, data-driven companies. These strategies, proven game-changers in the sales and marketing workflow, are essential for effective business development.

With the rise of account-based marketing, high-end prospects are well aware of their data footprint. They expect engagement from sales reps armed with solid evidence explaining why their product is the perfect solution.

Buyer intent data is more than just a green light for marketing and sales pros; it guides them on when to accelerate, suggests optimal speeds, provides insights on navigating challenges, and offers valuable assistance throughout the journey. So, if you’re ready to supercharge your business development, consider partnering with a B2B data solutions provider. Write to us at marketing@datamaticsbpm.com, and our experts will reach out to you at the earliest.

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James Libera

James Libera

James leads the Client Servicing function for Datamatics Business Solutions in the USA. With over a decade of experience in identifying, developing, managing, and closing business opportunities with existing and new customers across North America /Europe, James is a proficient business leader with a wealth of knowledge to share.

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