What is data enrichment?
Adding fields you do not have to records you do, by matching them against a data source.
Enrichment starts with a record that identifies someone or something, and fills in what is missing. A list of company domains becomes a list with headcount, industry and location. A list of names and companies becomes a list with job titles and work emails.
Everything depends on the match. A domain is a strong identifier and usually matches cleanly. A person's name plus a company is weaker, because names repeat and companies have several legal entities, so a match can be confident, uncertain or wrong, and a provider that does not tell you which is hiding the only thing you needed to know.
Pricing follows the match rather than the request. A lookup that finds nothing has still cost the provider a search, and vendors differ on whether you pay for it. Over a large list the difference is substantial, because the proportion of rows that match is rarely above three quarters and is often much lower.
Read next
- A strong identifier, usually a domain or a profile URL, is worth more than any number of weak ones.
- Ask whether a match is confident or merely possible, and treat the two differently.
- Check whether a miss is charged, then multiply by the share of your list that will miss.
Related
Try it on your own ICP
Describe who you want and see how many match, before creating an account.
Try it on your own ICP