Impact of Injecting Inaccurate Traders Directory into Business

Choosing a lousy data provider can completely ruin your overall business health as they offer irrelevant and inaccurate traders directory consisting of an inaccurate list of contacts that impacts the growth of your business. In the market, you may find a plethora of data providers offering traders directory; however, while purchasing the data, you should be careful as it can either make or break your business reputation. Your CRM system can only generate a good outcome if the directory injected inside by you is accurate. A business can still manage without CRM; however, without accurate data it’s almost impossible to get the desired outcome.

Here we are highlighting a few examples of what will be the impact of injecting inaccurate data entailing company database in India can ruin your business growth:

No sales-qualified lead generation and zero productivity: An inaccurate traders directory entailing a list of company database in India provided by any data provider leads to irrelevant lead generation. This irrelevant lead generation impacts your sales and marketing reps performance as it becomes very crucial for them to contact leads, nurture them and fix meetings. It results in a lot of time and money wastage too because your sales and marketing reps are sending emails that bounce and making calls on a wrong or faulty numbers. It sweeps off all their efforts also which they could have utilized in other productive tasks. Inaccurate data also invites poor prospect planning for those leads where contact information is right; however, that leads’ buying preferences and job roles are incorrect. It completely damages the first impression of your business in the very first interaction with the prospect.

Weaker sales and marketing pipeline: Injecting the inaccurate traders directory entailing a list of company database in India acts as a hurdle in creating a stronger sales and marketing pipeline.

Poor ROI: When you buy a traders directory from any database provider, you get a data entailing a list of company database in India that will be receptive to your marketing emails. But if the data is inaccurate, then it will only waste your sales and marketing reps time and efforts resulting in poor revenue generation.

Poor Customer Acquisition: Sending marketing emails to those people who are not interested in your products or services not only generates poor revenue but also the lead generation process gets slow down, resulting in poor customer acquisition.

Poor Relationship Management: Data provider offers multiple traders directory based on industry and domain preference. Inaccurate data results in poor relationship management as it doesn’t allow your sales and marketing reps to prospect the right lead with accurate information, which decreases the rate of the follow-up with leads. Due to inaccurate details of a profile like job role and buying preferences, sales and marketing reps, pitching goes in the wrong direction, which deteriorates the initial relationship with the prospect. Even the lead who is contacted by your sales and marketing reps feels frustrated as he is getting pitched for something which he or she never wished to buy.

Thus, injecting an inaccurate traders directory is not god for any business, and it is very important for your business to use accurate data. If you are planning to purchase data from any data provider, then check twice and take the right steps further. Accurate database facilitates your sales and marketing reps to make calls effectively and deliver high impact emails to build a strong relationship with prospects and existing customers. Choosing the right data provider gives you access to accurate data that helps your business in retaining existing clients and amplifies the chances of profitability through increased ROI. In a nutshell, accurate data acts as a master key to unlock the world of better sales and marketing opportunities.