Skip to main content

How Inaccurate B2B Database can Impact Your Business


An inaccurate B2B database refers to an inaccurate list of B2B contacts and list of B2B company in India that affects the growth of your business. In the market, you may find multiple database providers offering databases; however, you should be careful while buying the data of B2B company in India as it can either make or break your business. No matter how powerful the CRM system you have, it can only give good results if the data injected inside by you is accurate. An organization can still manage without CRM; however, without an accurate B2B database, it’s very difficult to get the desired results.

Let’s look at how an inaccurate B2B database hampers your business growth:

Reduced Productivity & Irrelevant Lead Generation

An inaccurate B2B database entailing a list of B2B company in India leads to low productivity and irrelevant lead generation. This irrelevant lead generation directly impacts your sales and marketing team’s performance. n inaccurate B2B data makes the team’s task difficult while contacting leads, prospecting them, and setting meetings. It results in a lot of time and money wastage because your sales and marketing representatives are sending emails that bounce and making calls on faulty numbers. Their efforts get wasted, which they could have utilized in other productive activities to boost sales. Inaccurate B2B database results in poor prospect planning as the leads which were contacted didn’t have complete information regarding their buying preference and job roles. It completely ruins the first impression of your organization in the very first interaction with the lead.



Bad Follow-ups

An inaccurate B2B database entailing a list of B2B company in India results in poor follow-ups and relationship management as it doesn’t allow your sales and marketing representatives to prospect the right lead with accurate information, which later on acts as an obstacle in following-up with leads. Due to inaccurate B2B database details of a profile like job role and buying preferences, sales and marketing representatives pitching goes in the wrong direction, which destroys the initial interaction with the lead. Even while following up with the right lead, by mistake, your sales and marketing representatives can also feed inaccurate data which they gathered during the follow-up with the lead. In a buyer’s journey, there are various interactions of lead with sales and marketing representatives, and many times sales and marketing representatives also make an error while feeding the information, which acts as an obstacle while following-up with the lead.

De-motivated Environment

Wrong information captured by sales and marketing representatives’ results in false or inaccurate reports that de-motivates your team as these reports fail to present the right growth, which was expected. The number of leads that were converted into customers was not properly presented, which leads to confusion, frustration, and feeling of de-motivation among your team.

Besides de-motivation, which prevails among the team, the sales forecasting process also gets affected drastically with inaccurate reports as the key decision-makers and stakeholders face challenges in planning short-term and long-term strategies based on inaccurate reports.

So by now, we have a clear understanding that an inaccurate B2B database and an inaccurate list of b2b data companies ruin the health of a business. If you are looking forward to purchasing a database of B2B Company in India from any data provider, then check twice and make the right decision. An accurate database is essential to your organization as it helps your sales and marketing representatives to make calls effectively and forward effective emails to build a strong relationship with leads and existing customers. Inaccurate B2B database affects your business adversely, and your business fails in retaining existing clients and also reduces profitability. In a nutshell, inaccurate B2B database acts as a major obstacle that stops your team to unlock the world of better opportunities.
An inaccurate B2B database refers to an inaccurate list of B2B contacts and list of B2B company in India that affects the growth of your business. In the market, you may find multiple database providers offering databases; however, you should be careful while buying the data of B2B company in India as it can either make or break your business. No matter how powerful the CRM system you have, it can only give good results if the data injected inside by you is accurate. An organization can still manage without CRM; however, without an accurate B2B database, it’s very difficult to get the desired results.

Let’s look at how an inaccurate B2B database hampers your business growth:

Reduced Productivity & Irrelevant Lead Generation

An inaccurate B2B database entailing a list of B2B company in India leads to low productivity and irrelevant lead generation. This irrelevant lead generation directly impacts your sales and marketing team’s performance. n inaccurate B2B data makes the team’s task difficult while contacting leads, prospecting them, and setting meetings. It results in a lot of time and money wastage because your sales and marketing representatives are sending emails that bounce and making calls on faulty numbers. Their efforts get wasted, which they could have utilized in other productive activities to boost sales. Inaccurate B2B database results in poor prospect planning as the leads which were contacted didn’t have complete information regarding their buying preference and job roles. It completely ruins the first impression of your organization in the very first interaction with the lead.

Bad Follow-ups

An inaccurate B2B database entailing a list of B2B company in India results in poor follow-ups and relationship management as it doesn’t allow your sales and marketing representatives to prospect the right lead with accurate information, which later on acts as an obstacle in following-up with leads. Due to inaccurate B2B database details of a profile like job role and buying preferences, sales and marketing representatives pitching goes in the wrong direction, which destroys the initial interaction with the lead. Even while following up with the right lead, by mistake, your sales and marketing representatives can also feed inaccurate data which they gathered during the follow-up with the lead. In a buyer’s journey, there are various interactions of lead with sales and marketing representatives, and many times sales and marketing representatives also make an error while feeding the information, which acts as an obstacle while following-up with the lead.

De-motivated Environment

Wrong information captured by sales and marketing representatives’ results in false or inaccurate reports that de-motivates your team as these reports fail to present the right growth, which was expected. The number of leads that were converted into customers was not properly presented, which leads to confusion, frustration, and feeling of de-motivation among your team.

Besides de-motivation, which prevails among the team, the sales forecasting process also gets affected drastically with inaccurate reports as the key decision-makers and stakeholders face challenges in planning short-term and long-term strategies based on inaccurate reports.

So by now, we have a clear understanding that an inaccurate B2B database and an inaccurate list of b2b data companies ruin the health of a business. If you are looking forward to purchasing a database of B2B Company in India from any data provider, then check twice and make the right decision. An accurate database is essential to your organization as it helps your sales and marketing representatives to make calls effectively and forward effective emails to build a strong relationship with leads and existing customers. Inaccurate B2B database affects your business adversely, and your business fails in retaining existing clients and also reduces profitability. In a nutshell, inaccurate B2B database acts as a major obstacle that stops your team to unlock the world of better opportunities.

Comments

Popular posts from this blog

Know About B2B Data Useful for Business Growth

One of the biggest issues that any business faces today is to capture the right leads at the right time and convert them into a client. But as simple it sounds, it is not at all easy. A lot of effort and time goes into it. To save time and to get in touch with the right sales qualified leads for your business; you need to know about b2b data that is accurate, entailing the contact list of key decision-makers. Irrelevant and unstructured data acts as a hurdle in a qualified lead generation, and wastes the digital engagement efforts, multiplying the sales cost by leap and bounds. You must have heard that if you buy data online, then it can suffice the lead generation process, but the question is- will it help in client reach expansion and can it give the appropriate exposure to the large pool of relevant b2b data. If you are planning to buy data, then you must know what advantages it can bring to your business. How this data can help you in connecting with key decision-makers of any sp...

Draw a Roadmap to Success with Sales Automation

The sales process is the most crucial and important part of any company. Most of the time Sales teams work under pressure of target and in such scenarios it is the duty of Senior Managers of the company to motivate their team, generate positivity and look for something which can make their sales process a smooth sail. The challenges which generally any sales team face are related to lead generation, building a strong B2B database and company directory, managing leads, converting leads into sales and creating sales reports. Apart from all these tedious and repetitive manual tasks, they also need to arrange a meeting with customers over the call, write emails, address queries of prospects and engage existing customers. In fact, these manual and repetitive tasks consume a lot of productive time of sales teams’ which can be utilized in core sales activities. To fix all these challenges Sales Automation works as a saviour for the sales team. It guides them to focus more on core sales, fo...

What is the Significance of Marketing Automation Software?

Marketing automation software is changing the dynamics of the sales and marketing world immensely. Any business irrespective of their size small, medium or large somewhere at some point of the time faces a hard time in strategizing their marketing plans. In addition to that, there are multiple manual, tedious marketing activities that consume a lot of productive time for marketing professionals. Ultimately marketing professionals also face a hard time in identifying the ideal marketing qualified lead. However, with the arrival of marketing automation software and various marketing automation tools things are turning out to be simple and these advanced technologies are very competitive in saving a lot of time and money for any business today. Features of Marketing Automation Tools Contact Management: One of the most useful features of marketing automation software. This feature offers great benefits to reap out when it comes to time management. Contact management simply allo...