Home Business Development Tools/Tips Who has the best prospecting tool?
Who has the best prospecting tool? E-mail
Tuesday, 17 August 2010 14:49


Dun and Bradstreet was founded in 1841, and serves as a kind of credit bureau for businesses. In addition, they maintain a database of company information that one can acquire through several outlets, including Hoovers. Hoovers wins for Best Company Data.

 

 

PROS:

  1. Extremely large database
  2. Easy to export data
  3. Dun and Bradstreet has been the industry standard in business data for decades
  4. Company data is robust, especially on companies with revenue of $1M and above
  5. Foreign company data
CONS:
  1. Sometimes, we found revenue data to be outdated
  2. Though the company information is robust, the information on contacts tends to be thin - usually only the top executives are available
  3. There are no email addresses associated with the contact


What a great tool. Jigsaw is very well-developed. It features a database which is dynamic, in that it is continuously updated by the user base. It is also completely free... kind of. In order to extract information from the database with your Jigsaw points, you must earn those points by submitting data of your own (or by completeing various Jigsaw community tasks) - of course, you could always just pay for the data at a cost of $5 per contact. Jigsaw wins our award for Best Contact Data.


PROS:
  1. Doesn't necessarily cost money
  2. Bar none, the best people data available - complete with direct dial numbers, if available and email addresses
  3. Contains companies of all sizes - enterprise-level down to Pop's Mechanic Shop, in some instances
  4. Never stale data - continuously updated by users
CONS:
  1. Although free, the company information is weaker than other sites
  2. In order to gain data, you either have to pay or submit your own
  3. Very limited foreign contact & company data

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Lead411 is a fairly inexpensive solution for sales prospecting lists. They are not a brand new player (around since 2001) and don't get the exposure they deserve.



PROS:

  1. Furnish daily emails outlining key personnel changes, mergers and acquisitions activities, and new data
  2. Normally, Lead411 provides the top 5-10 key personnel, often with an email address
CONS:
  1. Not a ton of companies in the database - but Lead411 is particularly strong for technology company data
  2. Email addresses are hit-or-miss for prospects, but that's more than some other lists which provide NO email addresses

 

At the end of the day, as salespeople, we just want a list that won't be riddled with bad data, and more importantly will have good, targeted suspects. Find the resource that works best for you.

 
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