Why use N.Rich data for sales?
Utilizing N.Rich for sales can yield significant performance improvement for sales development:
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Sales Velocity ICP will increase win rate / deal size / sales cycle by 30-200%
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Roughly 20-35% of “Hot” intent accounts from your ICP should convert to new high-velocity opportunities
Most important step: Metrics and roll-out plan
Before you start utilizing N.Rich GTM Data for sales, you need to define the metric to measure performance. We recommend rolling out the project in 2-3 stages, each of which should have its own goal that needs to be exceeded in order to move to the next stage:
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Initial pilot, 1-2 SDR’s, 2-3 months
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Stage 1 scaling, 3-5 SDR’s, 1-2 quarters
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Stage 2 scaling, all SDR’s and AE’s
Quarterly goal (example) |
Pilot |
Level 1 scaling |
Level 2 scaling |
---|---|---|---|
Number of conversations with ICP accounts |
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Number of meetings or demos with ICP accounts |
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Number of new opportunities from ICP accounts |
In order to successfully convert N.Rich GTM Data to revenue, you need to ensure commitment from Sales leadership, who will take day-to-day responsibility for the performance. You should also consider rewarding SDR/BDR with a bonus when the goal level is exceeded.
What GTM Data will be available and how is it beneficial for the sales?
Type of data |
Where to access |
Use case |
Business metric |
---|---|---|---|
High velocity ICP |
CRM |
Prioritise highest velocity accounts |
Sales velocity of opportunities: win rate, deal size, sales cycle |
Intent and engagement |
CRM |
Prioritise accounts with highest propensity to buy |
Conversion to opportunity |
Account insights |
CRM and N.Rich |
Design talking points and determine next best action |
Conversion to opportunity |
Best practice process for sales development
|
Stage description |
Responsibility |
---|---|---|
1 |
Use N.Rich to identify high sales velocity ICP account profile |
Marketing & Revops |
2 |
Set up Hot Demand intent report on N.Rich |
Marketing |
3 |
Integrate all N.Rich GTM Data to CRM (Salesforce, Hubspot) |
Marketing & Revops |
4 |
Use N.Rich for deep account insights (optional) |
Sales development |
5 |
Use account engagement data to source contacts (optional) |
Sales development |
6 |
Push prioritization data into Sales engagement platform (optional) |
Revops |
7 |
Create high velocity opportunities |
Sales development |
Demo: N.Rich GTM Data using Salesforce and Linkedin Sales Navigator