Using intent data to gain a better understanding of your audience is fast becoming the future of B2B marketing.
One of the main barriers when it comes to utilising intent data is that it’s hard to define its true value. Intent data provides a deeper understanding of the buyer journey and how customers make purchase decisions. This article covers what intent data is and outlines how you can use this information to implement better lead generation strategies.
What is intent data?
Intent data provides businesses with insight into the process users go through when looking to buy their product or solution. It does this by tracking intent search terms through a combination of IP addresses and cookies and is collated using a range of digital sources. Intent data notifies businesses that their customers are in an active buying journey, allowing them to focus their marketing strategy on those prepared to purchase and boost conversions.
Types of intent data
Intent data can be either first-party or third-party. Third-party data comes from sources and websites other than your own; there are several third-party data providers that collect data from thousands of high-value analyst sites like Gartner, as well as publications like Forbes, and bucket this data into relevant audiences.