At this blog, we have already presented various use cases for more efficiency in marketing and sales through data enhancement. In most cases, the introduction of a data enhancement strategy is based on the desire for a qualified and comprehensive firmographic profile of the incoming leads. But to get the most out of your data enrichment solution, you need more than the pure data quality of the firmographic information. By wisely leveraging the benefits of a broad data provider, you can get more out of your data set. And make data enrichment in your organization an extremely powerful sales and marketing tool.
Not everything, but important: Consistently high data quality essential
Obviously, a high quality of the delivered data is still at the top of the list of things a data enhancement service provider must offer you. After all, the quality of your company data determines its expressiveness. The more comprehensive and reliable the information you receive from your data enhancement partner, the less of it you need to collect from your customers and leads. One e-mail address is often enough – and you will receive a detailed firmographic profile. This results in a significantly lower hurdle to contact and an extremely comfortable user experience.
At the same time, data quality also means up-to-date data. Estimates assume that information will become obsolete in about a third of your data records within a year. Sometimes after just a few days or weeks. In the worst case this leads to an incorrect treatment of the customer or prospective customer and thus to a waste of valuable resources in marketing and sales. A good data enhancement service such as Implisense automatically provides you with updates to your existing data records. This ensures not only an initial, but above all a consistently high quality of your data.
Advantage through up-to-date databases: Signals and trigger events as a window to the customer
If used correctly, however, the usefulness of automated data enrichment goes well beyond regular filling of firmographic gaps and data quality as well as data topicality. The Implisense algorithm provides you with information you could never have requested from your lead or customer. Not least because in many cases you would not have known at all that there was such information to ask for. Important signals and trigger events that give you a valuable knowledge advantage:
- In which positions are more people being recruited at the moment? (Can a strategic expansion or the opening of a new location or business area be derived from this?)
- What technical and software skills are expected from employees? (So which systems are used internally?)
- Were there new hires in middle management? (Can you be the first to talk to a new contact person?)
If you interpret this at first glance banal information correctly in the sense of your company, you will gain extremely specific contact reasons from your data enrichment. And maximize your chance of a quick and successful deal.
The when and where: Efficiency through intelligent data flows
When we talk about how you can increase the efficiency of your marketing and sales department with an appropriate data enrichment solution, we cannot ignore one essential point: The accessibility of all this information. Only if all relevant persons have access to all required data at all times can you actually exploit the advantages of the enriched data set. And if possible without the need for manual transfer! With intelligent interfaces such as the Implisense API, you can integrate the data enhancement service directly into your existing systems. The data flows automatically into your central databases and can be retrieved by all authorized employees at any time. Completely without your active involvement.
Before introducing a data enhancement solution, think carefully about what it should offer you in addition to impeccable data quality. And make clever use of signals and interfaces. Otherwise you will unnecessarily reduce their potential for your company.
Implisense’s Data-as-a-Service gives you access to several million features of more than 2.4 million economically active companies from Germany. And over 5.2 million companies in total. All this via a modern JSON REST interface (API). Here you will learn about the most important features, functions and application possibilities of Data-as-a-Service.Hier erfahren Sie die wichtigsten Eigenschaften, Funktionen und Anwendungsmöglichkeiten des Data-as-a-Service.