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Uncover Top Customer Insights with B2B Intent Data

How can you use intent data to identify the leads most likely to buy? Here's what you need to know about the different types of intent data and how to use it across your sales process.

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Karli Stone

PUBLISHED Dec 11, 2023

4 Min Read

Uncover Top Customer Insights with B2B Intent Data

Your prospects have a problem and you have the perfect solution to fix it.

But sadly, bringing on new clients isn't as easy as telling that to buyers.

The journey your buyers take on the road to purchase is changing rapidly.

In fact, studies show that sellers are finding less and less opportunity to influence customer decisions. When B2B buyers are considering a purchase, they spend only 17% of that time meeting with potential suppliers.

During the rest of their buying journey, they are performing online searches, reading reviews and other relevant documents, and comparing the different options that will address their pain points.

Now, what if you could get a bird's eye view into their thought process? It would change your entire sales and marketing strategy, right?

*Enter Intent Data*

Intent data gives you a clearer view of the buyer journey that you can leverage to your company's advantage. With a better understanding of customer needs, you will establish a stronger sales pipeline and gain a powerful competitive edge.

This blog will teach you everything you need to know about intent data. We'll go over how you can use it to cue you in to your potential buyers' most subtle purchase signals to achieve new heights of sales success!

What is intent data?

Whenever you search for something online, visit a webpage, read a blog post, scroll through an Instagram page, or do virtually anything, you are communicating interest.

For example, it's safe to assume that people reading this blog post have an interest in "intent data". If you, as the reader, were to visit even more web pages about intent data, it would be reasonable to infer that you are highly interested in the topic.

Intent data is built on this idea.

Intent data is information collected about a web user's behavior – specifically web content consumption. It is a set of signals that reveals which leads or accounts are actively researching on first and/or third-party sites.

When buyers have a problem, they research to find a solution. They do it before you even know what their needs are. After all, your ideal customers may not even be visiting your website to address their pain points. They are likely researching anonymously.

When you have access to intent data, you're put ahead of this process.

Intent data gives businesses access to consumers' behavioral signs. These signs can then be used as a tool to determine prospective buyers' next steps.

Types of intent data and how to collect it

First-party intent data

This type of intent data is what you most often imagine when you think about tracking buyer behavior: data from your own website and social platforms. It is activity that you pick up from your own audience across your digital properties.

First party intent data can be valuable for identifying purchase intent and it can help your salespeople reach out to proactively address concerns and pain points.

Anything from customer surveys to tracking website activity and taking notes on customer interactions is collecting first party intent data. You likely already have a few tools in place to help you collect it (i.g. analytics tools, sales engagement platforms, your website's backend)

But it can be rather one-dimensional. Second and third party intent data can help you get a broader picture of your prospective customers…

Second-party intent data

Second party data is someone else's first party data put up for sale.

For example, an auto parts chain could reach out to a car dealership that has a significant overlap in target audience. The car dealership could then arrange to sell its data to the auto parts chain for an agreed upon price.

Second party data could include data from many of the same sources first party data comes from, such as website activity, mobile app usage, social media data, or customer surveys.

Although it has a relatively limited scope, it is a great auxiliary way to expand your market reach because it acts in a very similar way as your own first party data. And, since you're going directly through a trusted partner, you can rest assured that you still have the competitive advantage of being one of the few organizations with access to this data.

Third-party intent data

Third-party data is purchased from an outside broker that did not play a role in collecting the data. It gives you insights from digital touchpoints outside of your organization, such as competitors' websites, content platforms, social media, Google searches, etc.

Third party intent data opens up a whole world of buyer information! It offers scalable and personalized information that helps marketers access new prospects.

(Bonus: The data is often already distilled into audience segments, eliminating your need to sort and analyze it)

There are different methods to collecting third party intent data, but the most reliable (and most ethical) way to do this is through data providers.

Independent data websites or tools gather customer data and pass it on to paying third parties. For example, G2 is an independent online B2B review site and is one of the many intent data providers out there. They track the type of products that their users are researching on their website and third party data vendors can pay G2 for access to that information.

Sources of intent data

So, where does all this valuable data come from? It's not magic; it's collected from a variety of digital breadcrumbs your prospects leave behind.

First-party sources are the ones you own and control. Think of your website analytics, CRM data, marketing automation platform engagement, and even social media interactions on your own pages. This is your direct line of sight into how known contacts and accounts are engaging with you.

Third-party sources give you a view of the entire market. This data is aggregated by providers from a massive network of B2B websites, publisher networks, and online communities. They track which companies are researching specific topics, keywords, and competitors across the web, giving you a heads-up on accounts showing interest before they ever visit your site.

Benefits of using intent data

Why go through the trouble of tracking all these signals? Because it fundamentally changes how you sell. Instead of guessing who might be interested, you know who is. Here's what that means for your team.

  • Reach buyers first: Get a critical head start by identifying prospects at the very beginning of their buying journey, long before they contact a competitor.
  • Improve personalization: Stop sending generic outreach. With intent data, you know exactly what prospects care about, allowing you to tailor your messaging to their specific pain points and research topics.
  • Increase conversion rates: Focusing your time and resources on accounts that are actively in-market means you're talking to people who are ready to listen. This naturally leads to more qualified meetings and a healthier pipeline.
  • Align sales and marketing: Intent data provides a single source of truth for both teams. Marketing can build targeted campaigns, and sales can follow up with relevant, timely outreach. It's the ultimate power couple.

Using B2B intent data

Intent data's biggest pull is the ability it gives sellers to anticipate buyer needs and contact them earlier on in the buying process, before any competitors.

So how do you use your B2B intent data to capitalize on its strengths?

Let's look at some ways together…

Identify in-market accounts

Capital is continually wasted on bad-fit accounts. Forrester Research has found that less than 1% of B2B leads ever become paying customers!

Intent data can be used to identify exactly who is interested in your product or service in any given market.

Monitor web-use activity to pick out the spikes in topic searches. Take into account the amount and types of content consumed, the number of consumers, on-page time, and scroll speed. Many of these underlying factors will point you to the in-market accounts that you should target.

Building effective ABM campaigns

By helping B2B marketers understand best-fit customers, intent data makes it possible to create optimal messaging.

That's why intent data pairs so well with an account based marketing (ABM) business strategy.

It gives you a deep dive into your target accounts.

What is their interest in your product? How will they use it? When are they actively considering? When are they willing and ready to purchase? All of this information can be used to build your best ABM campaign, fully loaded with relevant advertisements and marketable content.

Optimize your website

Intent data can also be used to optimize your web content.

Maybe your most frequent visitors on your site are reading over your small selection of case studies. This tells you your site could benefit from adding more real-world examples about your product or service, because that's what your prospects are interested in!

From here, you could create more pages dedicated solely to case studies, work with the design team to make your customer stories more cohesive and interesting, or even conduct more interviews to add to the site!

When you optimize your website with data insights make sure you are placing most of your marketing efforts on the visitors who have the most purchasing intent. It will result in higher conversion rates.

A brief intent data case study

Intent data is a dense topic. It might be helpful to see a process in action…

Dodge Data & Analytics, a North America construction intelligence company, had enormous success implementing intent data into their marketing campaigns.

Dodge Data's marketing department had a campaign to generate more demand, but their Performance Marketing Director noticed that they were having trouble breaking into high-value accounts.

So they decided to invest in data.

They gathered first-party intent data by monitoring account engagement and trigger sale plays, for both known and unknown accounts. When engagement spiked, they would alert the account executive to help them reach out at the right time with the right messaging. They completely re-personalized everything from display ads to website messaging and sales scripts.

The results?

Dodge Data was able to re-engage 30-40 visitors per day.

When sales teams reached back out to these accounts, they noticed prospects were warm and receptive. Equipped with first party intent data, marketing and sales teams found much more success communicating with strategic accounts. They were able to quickly identify prospects' pain points and contact them with the perfect messaging at just the right time.

This is just one example of the thousands of businesses that have upped their game with intent data, and with thoughtful, data-driven implementation, you can too!

Buyer intent data tools

With the right data tool, you can get the most out of your intent data with much less time and effort.

Look for data tools that can:

  • Deliver thorough context into target accounts so that sales reps can proactively prospect and market to potential decision-makers. Look for tools with an expansive and reliable database that can give you verified contact information in the blink of an eye.
  • Seamlessly sync with your CRM and other existing data tools.
  • Support steady sales automation. Tools like Apollo allow you to add prospects into automated sales sequences that can be personalized to fit your intent data insights.
  • Help you measure, learn, and improve your intent data implementation with analytics and reports. With Apollo, you have hundreds of customizable metrics, dimensions, pre-built reports, and dashboards that allow you to answer every question you can imagine about your sales and marketing team.

Start turning buyer signals into revenue with Apollo

Understanding intent data is one thing. Putting it into action is what separates the best sales teams from the rest. The key isn't just having the data; it's about integrating it seamlessly into your workflow so you can act on it instantly.

That's where Apollo comes in. We don't just show you who's interested; we give you the tools to engage them right away. With access to buying intent data on over 25 million companies, you can identify in-market accounts, find the right contacts, and launch personalized outreach sequences—all from a single platform.

Stop chasing cold leads. Start engaging warm prospects who are already looking for you. Get Started with Apollo and see how easy it is to turn insights into pipeline.

Frequently asked questions about intent data

What is an example of intent data?

An example would be a company that suddenly has multiple employees from its IT department reading articles and downloading whitepapers about 'cloud data security solutions' across several different tech websites. This surge in content consumption is a strong intent signal that the company is actively researching and likely in the market for a new security solution.

How do you get intent data?

You can get first-party intent data from your own systems like your website analytics and CRM. For a broader view, you get third-party intent data by subscribing to a data provider like Apollo, which aggregates buying signals from millions of sources across the web to show you which companies are researching topics relevant to your business

What's the difference between first-party and third-party intent data?

First-party data is information you collect directly from your own properties (e.g., someone visiting your pricing page). It tells you what known contacts are doing. Third-party data is collected from across the web, showing you what anonymous prospects at other companies are researching, giving you a much wider view of the market.

How accurate is intent data?

The accuracy of intent data depends on the provider. Reputable providers use advanced data science and machine learning to verify and score signals, filtering out non-commercial research to provide a reliable view of commercial buying intent. It's most powerful when used to spot trends and prioritize accounts rather than as a single point of truth.

What industries benefit most from intent data?

While any B2B industry can benefit, it's especially powerful for those with longer, more complex sales cycles, such as technology, software (SaaS), financial services, and professional services. In these fields, buyers do extensive research before making a purchase, creating a rich trail of intent signals to follow.

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