For heavy equipment marketing, business development and sales, we move from identifying the Ideal Customer Profile (ICP) to the crucial next step of Account Insight.
Once our potential heavy equipment market highest value prospects are pinpointed, our next focus is comprehensive research into those businesses, gaining valuable external perspectives on the identified companies. Yes, it is outside looking in until the discovery call(s), but it’s where we start. We need to inform our personalization plans for content and messaging.
Account Insight involves a thorough examination of the prospect’s digital footprint. Scrutinizing their website unveils crucial information about their offerings, key projects, and company values and mission (e.g. organizational ethos). A deep dive into online platforms like Yelp provides insights into customer experiences, shedding light on reputation and service quality and potentially some of their business challenges that we can solve. A company’s online presence is a window to its brand, culture, and customer satisfaction.
However, the pursuit of knowledge goes further as we dig deeper. Consider a drive-by of the prospect’s business premises for tangible insights, providing a firsthand look at their operational scale, equipment inventory, level of building & equipment maintenance, and overall infrastructure. Observing the heavy machinery stationed in their yards can offer valuable clues about their fleet size, condition, maintenance level and specialization.
Beyond the visible aspects, the quest for Account Insight also includes financials. Exploring the credit rating of the prospect is a strategic move, offering a glimpse into their fiscal stability and creditworthiness. We don’t want to work really hard to land customers that are marginal and might not be able to pay for our heavy equipment products and services. This information becomes integral, especially in a capital-intensive industry like heavy equipment, where financial health plays a pivotal role in decision-making.
Account Insight builds an understanding of a heavy equipment prospect from the outside-looking-in. It combines online information, on-site observation, and financial scrutiny to paint a holistic picture of how well this company fits our ICP. Armed with these external perspectives, heavy equipment marketers and sales professionals can tailor their strategies, foster better personalized engagements and establish a solid foundation for meaningful, trust-based connections in an intensely competitive market.
The journey from ICP to Account Insight is not just a progression; it’s a strategic evolution in the pursuit of business growth.
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