Business databases: three kinds and what each is for

Auspector ·

“Business database” covers three different products: company registry data (legal entities), B2B contact databases (people at companies, with job titles and work emails) and local business data (places, with category, address, phone and website). Each answers a different question, and the costly mistake is buying one when you needed another.

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Three kinds of business database: Registry data: one legal entity per record; Contact databases: one person per record; Local business data: one place per record; Ask for fill rates, dates and definitions.

The three kinds

Three kinds of business database compared
KindOne record isTypical fieldsSuitsWatch out for
Company registry dataA legal entityName, registration number, registered address, legal form, dateBanking, compliance, credit, formation servicesRarely a phone; registered address is not the trading address
B2B contact databaseA person at a companyName, job title, work email, employerSelling to mid-size and large companies by rolePersonal-data rules; people change jobs
Local business dataA placeName, category, address, phone, website, coordinatesSelling to shops, restaurants, trades; field salesFill rates vary by market and by field

The difference between the first and third kind — a company versus a place — is covered in newly registered vs newly opened.

Five questions to ask any provider

  1. What does one record represent — a company, a person or a place? A chain with forty branches is one company and forty places.
  2. What is the fill rate of the field you need, in the market you need? Ten million records with a 20% phone fill rate are two million phone numbers.
  3. Is the count measured or estimated? A full count over the database and a number extrapolated from a sample are not the same promise.
  4. What does “fresh” mean? When was each record collected, and how do new businesses get in?
  5. What happens on a removal request? Is it permanent, or until the next rebuild?

Where Auspector fits

Auspector is local business data plus a daily feed of newly opened businesses, with company registry records for 14 countries. Our own answers to the first four: one record is one place; fill rates for every territory are on the public coverage report; every figure is a full count, not a sample (how we measure); new businesses are added every day (freshness). There are no email addresses and no named people — the full list of columns is on what is in a record.

If your customers are small, local businesses, a place-based database is the one that has their phone numbers. How to find the ones that just opened is in how to find newly opened businesses.

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https://auspector.com/blog/types-of-business-databases