GrowthIntel YOUR 20TH CENTURY D ATA H AN G O V E R AND THE CURE. Compiled by GrowthIntel 2015 GrowthIntel THE CAUSE: HOW DID THIS HAPPEN? “ THE SYSTEM FOR CLASSIFYING COMPANIES WAS DESIGNED POST-WORLD WAR II.” W hen it comes to delivering results, business 1 O U T DAT E D C L A S S I F I C AT I O N development and marketing The system for classifying companies programs have a tendency to (SIC codes) was designed post-World underwhelm. As a result, we’re War II. It’s of no relevance to the bombarded with SalesTech and digital economy or modern ways of MarTech apps endeavouring to plug doing business. those gaps. This ebook goes further by outlining and tackling the real reasons for these lacklustre results. RESULT Up to 1/3 of all UK businesses are classified as ‘other’, and many more are misclassified. And that means you can’t see ⅓ of your total market. They’re hidden from you. How are you supposed to market or sell to targets you can’t even find? GrowthIntel 2 S U B J EC T I V E L E A D S C O R I N G S T I L L E X I S T S 4 Guesstimating who might convert on a particular piece of content based on misguided ‘personas’ is not a system that’s delivered for B2Bs in the past couple of years. C A N’ T H E A R O R U N D E R S TA N D R E A L T I M E BUYING SIGNALS RESULT You know you have a solution fit with your targets and you suspect your programs could be far more effective in reaching them. But your team is focused on content conversions rather than, say, RESULT Too much focus on content conversion and 3 increasing the number of first-time meetings your not enough focus on which prospects are most likely to salespeople land or improving your opportunity-to-win become customers. ratio. T R E AT I N G A L L P O S S I B L E S W E E T-S P OT TA R G E T S THE SAME Sure, your prospects have much in common, but they also have some significant differences that result in varying states of buying readiness. RESULT Wasting resource on targets not likely or ready to buy and missing the ones most likely to buy. GrowthIntel THE CURE: REPLACE SIC CODES AND LISTEN FOR BUYING SIGNALS How to Cure the Hangover: Uncover the true size of your market Understand your targets’ buying signals Efficiently prioritise your prospects and automatically optimise every stage of the funnel W e’ve codified every business in the UK economy according to our own system of classification. This way, your prospects have nowhere to hide. We also collect the millions of data footprints they leave behind and combine them with your CRM data to infer how likely each prospect is to buy from you at any given moment. T his gives you the best available overview of your market with every prospect ranked according to their likelihood to convert in the immediate future, so you k now where to start. And once you do, the quality of these lea ds mean every stage of the sales and marketing funnel is automatically optimised: better leads in at the top mean a better SQL to MQL conversion rate; fewer wasted hours spent calling the wrong prospects; a more motivated sales team; and increased revenue. Get in touch with us to request a proof of concept or discuss the difference GrowthIntel can make to your pipeline. GrowthIntel G R O W T H I N T E L P U B L I C AT I O N S Cheat at Battleships: Three Ways to Market With Military Precision How our CTO’s foray into the world of naval sonar has made it possible for you to extend your sales pipeline to the very limits of your buying universe. Online Advertising, Personalised Medecine, and How to Become the World’s Local Butcher Targeting B2B buyers is hard. Traditionally, you’ve needed them to know in advance that they have a problem for which you are the solution. This ebook explains how new technology allows you to target new buyers and how likely they are to convert, all before they’ve ever even heard of you. Hiding In Plain Sight: Four Logistics Insights A demonstration of how having access to accurate industry data can give you the edge over the competition. grow@growthintel.com +44 (0) 20 37257575 Level 42, One Canada Square E14 5AA