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Prospecting for Leads

Account-Based Prospecting at Scale

duration
10 min
Average Score
76%

Stephen Hakami

Founder of Wiza

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Unlock the full potential of LinkedIn Sales Navigator by adopting an account-based approach to prospecting. In this comprehensive guide, we'll explore advanced techniques to help you target companies effectively and efficiently, ensuring you get the most out of your Sales Navigator subscription.

What is Account-Based Sales?

Account-based sales focuses on targeting specific companies (accounts) rather than individual prospects. This method involves finding key details about a company's structure and growth to identify potential leads within the organization. This approach can lead to more meaningful engagements and higher conversion rates, as it is tailored to the specific needs and characteristics of the target companies.

Key Features of LinkedIn Sales Navigator

Using Account Filters

Account filters in Sales Navigator allow you to search for companies rather than individual prospects. This feature is crucial for implementing an account-based sales strategy. Here's how to use them effectively:

  1. Access Account Filters:
  • From the Sales Navigator home page, click the "All filters" button.
  • Navigate to the "Account filters" tab.
  1. Apply Unique Filters:
  • Keywords: Search for specific terms in company descriptions. For example, you might search for companies that mention "largest" or "B2B" in their descriptions.
  • Department Head Count: Target companies with a specific number of employees in a department, such as HR or sales. This is particularly useful if you sell products or services tailored to departments of a certain size.
  • Annual Revenue: Focus on companies with a certain revenue range. This filter is more effective for public companies where revenue data is readily available.
  • Technologies Used: Identify companies using particular software. For example, if your product integrates with HubSpot, you can find companies that already use HubSpot.
Advanced Search Techniques

Refine your search with advanced techniques to save time and improve accuracy. These techniques help you quickly build a list of high-potential targets.

  1. Create Account Lists:
  • Select relevant accounts and save them to a list for easy access. For example, you can create a list called "HubSpot Users 11-50 Headcount."
  • This method allows you to aggregate accounts that match your criteria and manage them more efficiently.
  1. Efficient Lead Searches:
  • Use your custom account lists to perform lead searches within those companies. This narrows down your search to relevant contacts.
  • Apply broader filters such as job titles (e.g., VP of Sales, Director of Sales) to find the most relevant contacts within those accounts.
  1. Combine Filters for Targeted Results:
  • Department Head Count Growth: Identify companies with rapidly growing teams. This filter is useful for targeting high-growth companies that might be in need of your solutions.
  • Geography: Filter based on the company headquarters. This is useful for regional sales strategies.
  • Job Opportunities: Identify companies that are currently hiring. This can indicate growth and investment in specific departments.

Practical Tips for Effective Prospecting

Combining Filters for Maximum Efficiency

Maximize your efficiency by combining multiple filters. For instance, you can use the "Technologies Used" filter in conjunction with "Department Head Count" to find companies using specific software with teams of a certain size. This ensures your outreach is highly relevant and targeted.

  1. Department Head Count Growth:
  • This filter allows you to find companies that are expanding their teams rapidly. High-growth companies are often more open to new solutions and partnerships.
  • Example: If you specialize in HR software, target companies with rapidly growing HR departments.
  1. Annual Revenue:
  • Focus on companies within a specific revenue range to ensure they have the budget for your product or service.
  • Example: Target mid-sized companies with annual revenues between $10 million and $50 million.
  1. Technologies Used:
  • Identify companies using specific technologies that complement your product. This allows you to tailor your sales pitch to highlight integration benefits.
  • Example: If your software integrates with HubSpot, target companies already using HubSpot.
Exporting and Managing Leads

Streamline your workflow by exporting leads efficiently:

  1. Using Tools like Wiza:
  • Export and enrich contact information from Sales Navigator.
  • Example: Use Wiza to export a list of contacts, including their email addresses and phone numbers, directly into your CRM.
  1. Integrating with CRM:
  • Directly integrate exported leads into your CRM for seamless follow-up.
  • This ensures your sales team can start outreach immediately without manual data entry.
  1. Lead Enrichment:
  • Enhance your lead data with additional information such as phone numbers, job roles, and company details.
  • Example: Enrich leads with professional emails and other contact details to ensure you have multiple ways to reach out.

Case Study: Implementing Account-Based Sales with LinkedIn Sales Navigator

Example Scenario:

You are a sales manager at a software company specializing in HR solutions. You want to target mid-sized companies with growing HR departments that use specific technologies compatible with your product.

  1. Set Up Account Filters:
  • Use the "Technologies Used" filter to find companies using popular HR software.
  • Apply the "Department Head Count" filter to target companies with HR teams of 5-20 people.
  1. Create and Manage Account Lists:
  • Save these companies to an account list named "HR Software Targets."
  • Perform a lead search within these accounts to find relevant contacts such as HR Managers and Directors.
  1. Efficient Outreach:
  • Export the list of contacts using Wiza and enrich the data.
  • Import the enriched data into your CRM and begin your targeted outreach campaign.

Conclusion

Adopting an account-based approach with LinkedIn Sales Navigator can significantly enhance your prospecting efforts. By leveraging advanced filters and efficient search techniques, you can target the right companies and contacts with precision. Implement these strategies to see a noticeable improvement in your sales results.

Start implementing these strategies today to see a noticeable improvement in your sales results. 

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