Only a small slice of any market is in-buy at once. Buyer intent data tells you which accounts are moving from research to ready — so you reach them at the moment they convert. Here are 15 stats that make the case, and what each one means for your sales strategy.
Layering first-party data (engagement data from your own digital assets) with data from other providers (data showing behaviors and signals outside of your owned properties) can create a comprehensive picture of a buyer's needs, including whether there is buyer intent.
First party is often down-funnel engagement on websites/owned properties when a lot of the buyer research is completed. You can see which pages and blogs on your site are most popular, showing you what kinds of content is resonating with interested potential customers.
Third party data helps you examine behaviors before they get to your website, making it possible to get a foot in the door earlier, raising the potential for you to help the buying group throughout their vetting and research process.
This kind of data can shorten the time it takes a customer to reach buyer intent, and sales teams should gather and analyze as much data as they can to help potential customers make the right decision once they're ready to buy.
Intent data can be used to better understand opportunities, and move them through the buyer's journey.
Third party data can be useful in setting up your ideal customer profile (ICP).
As mentioned, intent data can help you understand your customers on a deeper level. Understanding what brought them to you, what pages on your website they've looked at, and for how long, can help shape your approach when it comes to engaging with them.
The majority of B2B marketing and sales people are already using buyer intent data in their strategies. If you aren't, it can help refine your sales strategy on multiple levels, from the earliest stages of the buyer's journey all the way up to the purchasing decision.
Once you have buyer intent data, it can be incredibly useful for both your marketing team and your sales team. Because both teams will be working with the same data, it helps to bring them into alignment, and can form the basis for a closer working relationship across multiple areas and campaigns.
This data will be vital in both sales and marketing efforts, so with both teams working from the same point of understanding there should be less conflict or miscommunication, more collaboration, and more cohesion when it comes to achieving objectives.
This highlights that your B2B sales approach might be too late by the time a sales rep gets in touch with the potential customer. Intent data can help signal the crucial moment where a salesperson should get in touch, and enable you to impact the buyer's experience during the solution-definition stage, meaning you're more likely to get a conversion.
Advertising is one of the most powerful tools in sales, and intent data lets you focus your efforts and budget on the people who are most likely to convert. Furthermore, if your data is accurate, you can target businesses who have the highest potential spend, meaning you only need a few conversions to massively increase your ROI and overall turnover.
Sales growth is a key metric for any business, and intent data lets you find new accounts instead of relying on your existing pool of clients. Once you've landed a new client, you can begin to develop the relationship, and hopefully bring in more business further down the line.
Once you've grown your customer base thanks to buyer intent, you suddenly have a lot of accounts to deal with, and it can be difficult to figure out who to prioritize. Again, intent data helps here, as it lets you analyze and understand exactly who is ready to purchase, and gives you an order of who to engage with first.
Those ready to purchase should be your immediate priority, while those who need additional information can be nurtured down the funnel over time.
This shows that using buyer intent data is almost entirely successful for B2B sales. Even if it isn't implemented particularly well, as is likely the case for businesses that try to adopt an intent data strategy without proper understanding, it can still make a positive impact on sales.
For businesses that take the time to implement a robust intent data strategy, the results are revolutionary, changing how the business operates.
It's easy to get a lot of data. There are hundreds or even thousands of data points along any business' buyer journey, and just your website alone can provide a staggering amount of data, before you factor in email, social media, and additional third party data.
The problem isn't quantity, it's quality. What parts are useful? What can be actioned? What helps improve efficiency, and what causes a headache?
When it comes to buyer intent data in sales, only the data that can be consistently linked to sales and KPIs should be analyzed. Does this data point move someone down the funnel? Is it a positive signifier, like web page dwell time, or social engagement? If it isn't, you likely don't need to worry about it.
Once you've outlined the most important sets of data for your sales funnel, you can focus on ensuring that data is as high quality as possible.
Once your intent data is analyzed, and providing actionable insights, you can use it to start getting ahead of your competitors. This can range from how you get in touch with your customers, to how you structure information on your website, to which keywords your ads are built around.
All of these points of information can help increase conversion rates, build brand awareness, or improve customer relations, in ways you wouldn't be able to without that intent data.
When you've made improvements and gotten ahead of your competitors thanks to your data, you'll naturally see an increase in your conversion rate thanks to an optimized sales journey.
Increasing your lead conversion rate is one of the best ways to improve your overall sales efficiency.
It's important to remember that data needs to be stored, updated, and used, not just filed away and forgotten. Keeping your CRM up to date with buyer intent signals can help you better predict when other customers will arrive at the intent phase.
You can further enrich your CRM by keeping your records and contacts up to date by importing data directly from LinkedIn™ with Surfe.
As we've seen, buyer intent can help bring in new business, and increase conversion rates, so it's not surprising that many B2B leaders see it as a core part of their sales strategy.
It makes sense to build your business around your buyers' intentions, laying the groundwork for the moment they're ready to purchase. If you fully understand the intent of your audience, you can make the purchase decision simple, easy, and painless, making it more likely that they'll purchase from you again in the future.
Because of how much buyer intent can impact conversion rates, the vast majority of B2Bs are using intent data to target potential customers.
Given how much of the research phase is done online, there is a wealth of data out there that can give you much-needed insights into how your audience thinks, what actions they take, what websites they visit, and how long it takes them to move from one phase of the buyer's journey to the next. All of these insights can help shape your sales strategy, and are already being taken advantage of by many of the top sales teams around the world.
These statistics show that buyer intent data can massively impact a sales strategy for the better, helping to increase conversion rates, bring in new customers, and prioritize existing accounts.
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What is buyer intent in B2B sales?
Buyer intent refers to behavioral signals that indicate a prospect is getting closer to making a purchase decision—like visiting key pages or engaging with your brand more frequently.
Why is buyer intent data important?
It helps sales teams prioritize accounts, personalize outreach, and time their approach for when buyers are most likely to convert.
How do you track buyer intent?
Through a mix of first-party data (like web visits) and third-party intent data (like Bombora or Demandbase). CRM and enrichment tools like Surfe can help surface these signals automatically.
What's the difference between first-party and third-party intent data?
First-party data comes from your own website and assets. Third-party data comes from external sources tracking buyer behavior across the web.
How does Surfe support buyer intent workflows?
Surfe connects your CRM to LinkedIn™ and enrichment providers. It syncs real-time contact updates and surfaces insights, so you can reach out when buyers are most engaged.
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