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Product, Sales, CRM

How to use data enrichment to support better prospecting in B2B sales

Capsule now offers data enrichment to better understand your ICP and make prospecting more efficient.

Olivia MacCunn · June 10, 2024
How to use data enrichment to support better prospecting in B2B salesHow to use data enrichment to support better prospecting in B2B sales

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If you work in sales, you’d probably describe it as ‘a numbers game’. In other words, your performance depends on your volume of emails and calls and ultimately, the sales you make.

That’s where data enrichment can make a difference. It’s the process of finding and recording relevant information about contacts, for both the individual people at an organization as well as the company as a whole. This information is then used to qualify leads, filter your database, and create segments in marketing.

Crucially, it means identifying contacts in your ideal customer profile (ICP) faster. The time it takes to research the leads in your database is time you could spend warming relationships and moving prospects through the funnel.

So, how can you reduce your time spent researching a lead’s contact details, a business’s revenue, or inevitably finding your contact no longer works for the company?

Good news - Capsule now automatically populates information in Business Enrichment and Contact Enrichment. Let’s see what that means in both cases.

Business enrichment

Why spend five-ten minutes researching every prospective business when Capsule’s Business Enrichment feature does for you?

By expanding what you already know about organizations in your contact database, Business Enrichment empowers you to make smarter decisions, close more deals and drive revenue growth. Qualifying and pursuing leads using accurate data leads to higher conversion rates and better sales outcomes.

What can you expect to see Capsule automatically enrich?

Let’s look at just some of the fields Capsule will populate with Business Enrichment

AttributeDescriptionExample

Name

The company's name

Smith & Co.

Legal name

The company's legal name

SME Holdings

Domain

The company's website

smithandco.com

Location

The company headquarters address

99 The Shambles, New York, NY, 10001, USA

Phone numbers

A list of phone numbers listed on the company's website

+1 866-241-4820, +1 415-805-3400

Email addresses

A list of email addresses listed on the company's website

info@smithandco.com, samuel@smithandco.com

Sector

The broadest tier of company industry classification

Information technology

Industry

The third tier of company industry classification

Internet software and services

Company tags - Not to be confused with Capsule's Tags

A list of company vertical descriptors. Typically more granular than industry classification.

Technology, SaaS, B2B

Employees

The total number of employees that work at the company

123

Raised

The total amount of funding raised by the company

$20M

Annual revenue

The company's annual revenue. This attribute is available for public companies only

$21M

Tech tags - Not to be confused with Capsule's Tags

A list of technologies used by the company

google_tag_manager, amazon_ses, facebook_advertiser, aws_iam

Ticker

The company's stock symbol. This attribute is available for public companies only

AAPL

Contact enrichment

If pre-populating prospective company data wasn’t exciting enough, Capsule also does it at the personal level, automatically feeding data points into your contacts’ records.

No longer will you need to rely on external tools and services to source this information, nor will you need to import it into your CRM. With Capsule, you can find it in your CRM as standard (for users on the Growth, Advanced, or Ultimate plans).

With all the relevant information at your fingertips, you can quickly qualify the leads in your database without the need for fruitless cold calls or bouncing emails. Easily find and nurture key decision-makers with messaging tailored to their record for better rapport and more efficient sales.

What contact details does Capsule populate?

Here are some attributes you can expect to see in your contact records

AttributeDescriptionExample

Given name

The person’s first name

Jane

Family name

The person’s last name

Smith

Location

The city, state, and country where the person lives

New York, New York, USA

Timezone

The person's time zone based on their location

EST

Bio

The person's bio surfaced through their own social media accounts

CMO at Smith & Co., Advisor, Mentor

Employment name

The name of the company the person works for

Smith & Co.

Employment title

The person's title at the company they work for

Chief Marketing Officer

LinkedIn handle

The last section of the person's LinkedIn profile URL

Jane Smith 11

GitHub handle

The person's GitHub profile username

jane-smith-11

Active at

A timestamp indicating when the person's email was last detected as active

2014-11-25T18:56:43.000Z

Inactive at

A timestamp indicating when the person's email was last detected as inactive

2014-11-25T18:56:43.000Z

What are the benefits of CRM data enrichment?

Find contacts that fit your ICP in a pinch

Business Enrichment provides detailed information about an organization’s attributes, allowing sales reps to qualify leads more effectively and making it a breeze to find the prospects that fit your ICP.

Personalize your sales pitch and marketing messaging

By understanding the attributes of an organization, sales reps can tailor their messaging and approach to resonate with the prospect’s specific needs and challenges.

Similarly, marketing teams can use this information to create better segmentation, addressing target audiences and persona needs in relevant, effective ways.

For instance, you could filter your contacts by an attribute from above, such as industry. From there, you could create a list to send tailored marketing emails with blogs and case studies that apply to those contacts.

Increase sales efficiency

Without access to enriched CRM data, it takes between five and ten minutes per record for sales reps to manually research and update records with key data - an inefficiency that significantly builds up over time. An enriched CRM offers sales reps and marketing teams more time to focus on high-value activities such as prospect engagement and building relationships.

Close more deals, faster

Armed with deeper insights into organizational dynamics, sales teams can have more informed and impactful conversations with prospects, leading to higher conversion rates and improved sales outcomes.

Understanding the opportunities marketing brings

Access to enriched data enables marketing leaders get more from their CRM, helping them analyze and better understand their ICP.

Transform your sales and empower your team using comprehensive insights available on the Growth, Advanced, and Ultimate plans. Try a free 14-day trial of any of the above and discover the benefit of data enrichment.


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