3 Questions to Ask Your Intent Data Vendor Now
According to TOPO’s 2020 Intent Data Market Guide1, intent data has emerged as the fastest growing data category over the last three years. By the end of 2022, TOPO reports, more than 70% of B2B marketers will utilize third-party intent data to target prospects or engage groups of buyers in selected accounts.
Its growth is changing how teams gather behavioral signals about prospects, as well as how they prioritize time and resources. Yet, according to industry research:
It’s common for marketers to buy in on the idea of intent data only to be discouraged when it doesn’t seem to work for all their desired use cases.
To confirm your intent data vendor can support your goals ahead of getting your intent data program started, be sure to ask them the following questions:
- What level of context can you provide me about the buyer? Can you give me insights into the individual prospect, or just the company? Both is best.
- Can you tell me about your modeling process so I can use the information in my existing lead and account scoring workflows? Does your predictive modeling include machine-learning and human smarts? Both are ideal.
- Can I start with a small program to see how sophisticated your intent data is and understand how I can best use it?
Intent data can be super valuable if handled correctly. By vetting your vendors with these questions, you can make the most of your intent data as soon as you receive it!
1Since publishing this guide, TOPO has been acquired by Gartner.