How BAO's OppID Helped Interana Find the Perfect Prospects
Now, thanks to the profiles they got from BAO, they know exactly which companies fit the bill.
When you’re a young technology company in fast-growth mode, ramping up your sales pipeline quickly is critical. But you also face some challenges: a long sales cycle, a small sales and marketing team with limited resources, and the lack of brand awareness that comes with being a relatively new, upstart solution. That’s where Interana, the company that delivers a full-stack behavioral product analytics platform, found itself.
The company had a lot going for it: a solid product that filled a real need in the market, and a burgeoning customer base of marquee brands.
They crafted a detailed strategy to focus their lean sales and marketing resources on prospects with the best potential. Sales and marketing leadership worked together to build a tiered account-based marketing list of target accounts and relevant titles. Then they developed a discovery roadmap to identify good prospects and avoid wasting time with companies that aren’t a good fit.
The marketing team cranked up content creation and demand generation to reach the right titles in the target accounts with messaging to address key use cases. And the AEs tackled the accounts with the MQLs marketing delivered, meetings secured by the SDRs, and through their own outreach.
While the team had the discovery roadmap for identifying the prospects with the highest potential, finding them was a different story. The information they needed to make those determinations isn’t something you can get from the usual data sources, like DiscoverOrg.
And while the marketing team’s lead gen partners were using a variety of intent signals, which is valuable information, that wasn’t providing those key details either.
As a result, the AEs, together with the SEs, created a detailed discovery process to “workshop” with each prospect to uncover the information about their needs, cloud and data platform environment, current analytics stack, etc. But this took time—time that lengthened an already-long sales cycle and ate up sales productivity.
Disrupting a 20-year-old market as the underdog isn’t easy. We cannot afford to waste cycles chasing bad leads or even misguided good intentions. BAO put a microscope on our market and helped us understand not only the persona, but the tipping point of engagement.
That’s when Interana turned to BAO’s Opportunity Identification (OppID™)service.
Then, armed with the questions and the list of target companies and titles, BAO’s team of highly experienced and professional Market Research Specialists (MRS) went to work, calling into the organizations and conducting live interviews with key influencers and decision-makers—and then delivered the in-depth, real-time profiles to the Interana team.
Each completed profile was distributed to the account owner, who married that detail with account history, activity to date, and leads and contacts in the database to build a tailored outreach plan and messaging. The remaining profiles were sent to marketing for nurturing or disqualified as appropriate. And the marketing team uses the intelligence from all the profiles to hone its messaging and develop new content for the target audience.
The profiles we got included the exact information the reps needed to be successful. It’s really focused our ABM program on the right companies.
Getting our first batch of profiles was an absolute eye-opener. My first reaction was how fast can we get more of these?
If account databases and intent data are falling short of your prospecting needs… If your team is spending too much time on discovery and not enough time engaging with sweet-spot accounts… If you ever wished there was a way to identify which companies in your target list looked exactly like X (whatever X is for you)… Contact us to learn what OppID can do for you.