You keep seeing that other sales reps who use waterfall lead enrichment get better results than you do.
An there you are, wondering what it is, how to use it, and if it’s suitable for your business.
We’ve got your back.
We’ll explain what waterfall enrichment is, how it benefits your company, and the best tools you can use to make sure your lead list is packed with valid information.
What is Waterfall Enrichment?
Waterfall enrichment is a process in which you complete and verify (AKA enrich) your leads’ data with several providers.
On the other hand, lead enrichment is a process in which you verify and complete the data with one unique data source. This process helps businesses obtain valid and full lead data to send targeted campaigns and get a higher success rate.
The major downside of regular lead enrichment is its reliance on a single data source, which often results in data gaps and inconsistencies, ultimately harming your sales pipeline.
Waterfall enrichment, named for its cascading process, offers a more robust alternative.
Essentially, waterfall enrichment consists of a combination of several data sources that check and verify your lead data. It ensures you have correct and complete contact information, such as verified emails or phone numbers.
If one provider fails to find accurate information, it moves to the next provider, and so on, until the lead information is confirmed to be valid.
Out with the old, in with the new
Enrichment used to be done using only one data provider. Although some lead information was completed and verified, there were still many gaps and leaks because the data was not fully verified, and if your provider failed to find the data you needed, that was that.
Some sales reps saw this issue and tried to remedy this by using different providers. Here comes the birth of manual waterfall lead enrichment.
The only downside to manual waterfall enrichment was that running your data through different finders, verifiers, or other providers yourself could be expensive and time-consuming.
However, for most companies, the end result (checking and verifying data thoroughly) was still a priority.
The manual waterfall enrichment method had a lot of issues, including:
- It was expensive as people would have to invest in several different tools and pay multiple subscriptions
- You wouldn’t always have to use every single tool, which meant lots of missed credits
- It cluttered your browser with too many Chrome extensions that would interfere with one another
- It was very time-consuming to check with multiple providers and go through the entire verification process many times
- Some tools would take longer to deliver the results than others, further slowing down the verification procedure.
Therefore, companies needed a more advanced and robust solution that could verify huge amounts of lead contacts automatically and that they’d receive the most accurate data without delays.
And thus, they new waterfall lead enrichment was born. Instead of checking one unique data provider (the old way), some email finder services implemented a new method: Automated waterfall enrichment.
Method | Lead Enrichment | Automated Waterfall Enrichment |
Use | Manually gather lead data through a single source | Extract verified lead data automatically according to your ICP via multiple data vendors |
Pros | (Limited) lead data | Only verified and accurate lead data, very fast, cheap |
Cons | Very time and resource-consuming, slow, inefficient, prone to errors, frequent data leaks | If your current tool does not support it, you may need to switch |
Best tool | Emailable | lemlist |
With an automated waterfall lead enrichment, you simply have to define your ICP and find your leads’ emails and phone numbers.
Once you have an initial list of leads, you can run it through an automated waterfall enrichment process.
This new system guarantees saving time and resources since it takes care of repetitive tasks for you and delivers verified results simultaneously. Even when different providers check the data, you get immediate results.
How does waterfall enrichment work?
Waterfall enrichment follows a sequence where it checks data with as many providers as the tool can hold. For example:
- 1st provider: This provider is typically the most capable data source. First, it runs the data but doesn’t offer the required information.
- 2nd provider: The data then moves on to a second data source; the data can be found, but it may be incomplete (missing phone number or email), or it can be considered risky.
- 3rd provider: To complete or verify the information, a third data source checks the current contact information. If the information is verified, this will be your final result. If the results are inconclusive, it will move on to a 4th provider, and so on.
- Once the enrichment process has been completed, the system will check your entire list to ensure no duplicates and run lead qualification.
In lemlist’s case, this is how the waterfall enrichment process could look like:
This is how the waterfall lead enrichment process in lemlist could look like, bear in mind that sometimes an email can be found and verified with the first provider, and sometimes it takes all 8 providers to track down the correct information:
- You found a lead that fits your ICP perfectly, for example: “Charles Tenot,” CEO at lemlist.
- You type the name and company in the Email Finder.
- First, lemlist sends a request to DropContact, but they don’t find the correct email.
- lemlist then automatically tries Prospeo next. They find an email, but when it’s tested, it appears risky.
- Finally, lemlist checks with Icypeas. They find the email, and it’s then verified by lemlist.
In a few seconds, you’ll have a verified email address and a phone number if your tool allows it.
Why is waterfall enrichment better?
With regular email finders or basic lead enrichment processes, you may still be bumping into issues such as:
- Low reply rates
- Incomplete and inaccurate data
- Deliverability issues
- Low conversion rates
- Leaks and gaps in your sales funnel
- Wasted time and resources
As you can imagine, all of these issues can really harm your sales, it doesn’t matter if you have the best product or the best approach.
However, with waterfall enrichment you will receive many different benefits, including:
- Build a list of leads with complete information
By accessing several providers, your chances of filling in any gaps or leaks are much higher.
One provider may not have all the information you require, such as email, LinkedIn, phone number, job title, industry, etc. But by combining several providers, you can fill up all the boxes.
- Reach higher accuracy levels
By cross-referencing information from various sources, the enriched dataset is more reliable and precise.
- Avoid the spam folder
By sending your emails to the correct addresses, you can keep your bounce rate and deliverability in check, therefore ensuring that you won’t be flagged as spam further down the line.
- Reach your leads on any channel
Having complete data essentially means that you have your leads’ verified email, phone number, and LinkedIn (at least).
This means you can send multichannel sequences and campaigns that will reach their target every step of the way.
- It is a cost-efficient method
By using a tool that implements automated waterfall enrichment, you’ll be cutting down on monthly subscriptions for external verifiers and additional email finders.
This can reduce your monthly costs by half.
- Always keep your lists clean
Most waterfall enrichment features having the ability to clean and update your lists regularly so your data will always be accurate.
- Achieve better results
On average , lemlist waterfall enrichment finds 80% of emails and 50% of phone numbers.
This compares to 30-60% with a regular provider.
Higher find rate means more business opportunity, less time spend to jungle between tools and of course, no more guessing the emails to end up in the spam folder.
- Increased personalization features
By having correct and complete data, your personalization can be much more accurate, cleaner, and you can include many more details.
- Reach all industries
Data providers can have more information on specific niches, or locations, by combining several providers you’re guaranteed to access a much larger database and not be restricted to just one location or industry.
Tools with waterfall enrichment
There are several different tools you can use, such as:
lemlist
Rating ⭐️⭐️⭐️⭐️⭐️
G2 4.5/5 (264 reviews) | Capterra 4.6/5 (385 reviews)
Overview
lemlist‘s waterfall lead enrichment was introduced as a solution to gaps many businesses found in other lead generation and automation tools.
lemlist runs your data through the top 8 providers in the market verifying your lead data simultaneously. This ensures +80% of verified data and a verified, accurate, and full lead contact list is a game-changer for lead conversions.
lemlist’s waterfall enrichment finds emails and phone numbers while verifying email validity; it also offers separate LinkedIn enrichment.
After running thousands of tests, we’ve built the best waterfall enrichment system at lemlist to build your lists of leads and run your multichannel outreach campaigns from one app.
We tested 117 data providers to select the best ones for lemlist waterfall system. For each provider, we analyzed over 2,500 leads across different industries and regions. It's safe to say that we have the most comprehensive lead coverage in the market.
The waterfall lead enrichment feature is very simple. You can complete it with three quick and easy steps.
- Step 2: Search for your leads on LinkedIn, the Email Finder and Verifier, or the database
- Step 3: Enrich and import your leads directly to your campaign with the Chrome extension if you’re using LinkedIn as your source; if you’re using the database or the Email Finder, simply push them to your contact list or the campaign of your choice.
Once you have your list of leads, you can check the enrichment status to make sure you always have valid data.
Building a waterfall enrichment system is complex, especially when trying to make it as simple as possible without using API keys, but lemlist has managed to give you the best email finder possible.
For more information on how it works, check out this video.
The best thing about this system is that by having access to the top 8 providers, you’re guaranteed to expand your search since different providers excel in different areas depending on your industry or location, among others.
Pricing
There’s no extra cost. With lemlist, you’ll get the waterfall enrichment feature built into the app as soon as you sign up to any of the three pricing plans available starting at $55 per month.
By simply enriching your leads regularly, lemlist will run it through different providers and data sources to offer you the best contact information possible.
Thanks to lemlist’s massive scale, users get access to the best provider rates, making it particularly affordable.
In fact, with the lemlist waterfall lead enrichment method, you don’t pay for a contact it doesn’t find.
lemlist works on a credit system with the following credit costs:
Verified emails | 5 credits per lead |
LinkedIn enrichment | 2 credits per lead |
Email verifier | 1 credit per lead |
Phone numbers | 20 credits per lead |
If you’re wondering more about how credits work and how much you would be spending on each lead, you can check out more details about pricing.
Don’t forget you can also purchase credits separately, and they will roll over to the next month, so you won’t be wasting them.
You won’t waste credits if you haven’t found the data you need either!
At lemlist, we work with millions of leads monthly. lemlist's scale lets us negotiate better rates with providers so that our users can save more money. Plus, lemlist only charges for a found email. If we don’t find it, you don't pay.
✅ Pros
On average, lemlist Waterfall Enrichment finds 80% of emails and 50% of phone numbers.
A higher find rate means more sales opportunities, less time spent jungle between tools, and no more guessing the emails end up in the spam folder.
Aside from this, lemlist offers many more benefits, including:
- You don’t have to invest in extra tools. lemlist connects with up to 8 different providers on its own. All are included in the same price.
- Credits roll over from one month to another, meaning that you will be not throwing money away, rather you’ll be saving it on the long run.
- You’ll be saving a lot of time, as you can check several providers with just one click.
- lemlist also provides accurate and verified data in the database
- Find, enrich, and contact leads with multichannel sequences directly from the same platform
- Track all interactions in one Unified Inbox
- Includes LinkedIn enrichment
❌ Cons
- Since there are many features, the learning curve can seem steep
- Does not support unlimited email accounts
Find Waterfall Enriched Emails with
Discover your leads’ valid and verified emails, ensure your emails are delivered, and get a reply.
Clay
Ratings ⭐️⭐️⭐️⭐️⭐️
G2 4.9/5 (146 reviews) | Product Hunt 4.3/5 (66 reviews)
Overview
Clay is a solution for GTM teams to help them enrich data directly form their CRMs and automate personalized outreach.
As lemlist, in order to successfully enrich your data, Clay has implemented a waterfall system
Clay offers 20 different waterfall combinations that mix and match their providers. Some of Clay’s providers include Hunter, Clearbit, Datagama, Prospeo, etc.
One of Clay’s best benefits includes the fact that they can retrieve data from most datapoints out there.
Additionally, Clay prides itself in their automated enrichment, where the app adds missing data such as: ob titles, email addresses, company size, and industry.
Credit: Clay
Pricing
Clay utilizes offers 1 free plan and 4 pricing plans ranging from $134 to $720 and a custom plan.
Within these paid subscriptions Clay utilizes a credit system. You can add more or less credits to your subscription, although they will influence your overall total.
You can select several enrichment options for both Companies and People and they will typically cost between 1 and 10 credits, depending on the data or vendor you need.
✅ Pros
- Accessible to non-programmers
- Gathers all leads’ data in one place
- Offers many integrations
❌ Cons
- Frequent bugs
- Prior knowledge on credit is required or it can lead to an excessive expense
- Pricing can scale
Cognism
Ratings ⭐️⭐️⭐️⭐️⭐️
G2 4.6/5 (780 reviews) | Capterra 4.6/5 (162 reviews)
Overview
Cognism is a B2B sales intelligence and lead generation platform that offers a sequential enrichment process.
Rather than following the typical waterfall lead entrichment, Cognism offers 3 different enrichment processes.
- Instant CRM Enrichment
- Scheduled CRM Enrichment
- On-Demand CSV Enhance
Cognism offers multi-source data access by using integrations with several data providers.
Cognism’s enrichment can also help users to clean their CRM and ensure more successful lead scoring and qualification processes.
Pricing
Although Cognism does not disclose its pricing, you can try the tool out with a 25-lead sample. In order to find these leads and make sure they’re targeted to your business, you will be coached by a Cognism data expert.
✅ Pros
- Accurate data
- Good integrations with popular CRMs
❌ Cons
- Phone numbers are not always accurate
- Larger sets of data require prior organization
ZoomInfo
Ratings ⭐️⭐️⭐️⭐️⭐️
G2 4.5/5 (8,748 reviews) | Capterra 4.1/5 (294 reviews)
Overview
ZoomInfo is one of the leading sales intelligence platforms in the market and among its features, it offers a suite of enrichment solution.
Among the enrichment solutions available, ZoomInfo offers a feature named Enrich Premium which collects data from 60 data vendors and checks it with a waterfall enrichment system.
With this tool you can enrich your leads in bulk, so your full CRM can be updated and synchronized at once.
However, since it works with so much data simultaneously, users have reported that ZoomInfo sometimes fails to regularly update data and information.
Pricing
ZoomInfo does not disclose its pricing, so by getting started with the most basic subscriptions you would only have access to Enrich Essential, which offers a simple lead enrichment solution.
✅ Pros
- Manages larges volumes of data
- You can easily filter through leads
❌ Cons
- Outdated data
- AI features can be repetitive and predictable
Lusha
Ratings ⭐️⭐️⭐️⭐️⭐️
G2 4.3/5 (1,487 reviews) | Capterra 4/5 (374 reviews)
Overview
Lusha is a B2B lead inteligence and enrichment platform that offers a large database with enriched data. Lusha’s API offers three major types, Person API, Company API, and Prospecting API.
These API essentially determine the data points you will de using for your queries, although they are run by a basic lead enrichment system.
In order to make Lusha eligible for a waterfall enrichment system you’ll need to have various data sources in place. However, Lusha’s API will take all these data sources and create a unified and enriched view of your data.
With Lusha, your Salesforce CRM will be automatically enriched and updated, it also has integrations with other popular CRMs, although it’s not native.
Lusha uses AI and manual verification processes to ensure the accuracy of its data.
Pricing
Lusha offers 4 subscriptions plan, starting with a free plan and ending with a Custom plan, where pricing will depend on the amount of data you wish to handle.
The Pro and Premium plans are priced at $36 and $59 respectively, and both depend on the amount of emails and phone numbers you wish to purchase monthly.
Lusha’s CRM enrichment is only available in its highest subscription plan.
✅ Pros
- Offers intent targeting
- LinkedIn extension works with LinkedIn Recruiter
❌ Cons
- Pricing can scale quickly if you need to handle large volumes of data
- Some users have reported a 40% inaccuracy
Final Reasons to Choose Waterfall Enrichment
You’ve read about lead enrichment, waterfall enrichment, and now automated waterfall enrichment, but you’re still not ready to make the change. We get it.
However, before you go, we’ll revise the reasons why you should change to an automated waterfall enrichment system if you don’t have one in place yet:
✅ Delete repetitive tasks to focus on what really matters: closing those deals
✅ A higher percentage of leads’ contact information found
✅ Multiply X8 your data sources without moving a finger
✅ Avoid deliverability issues due to invalid emails
✅ Receive verified information
✅ Save time and money
✅ Reach more leads
✅ Close more deals!
Finally, you can check out some other email verification services, so you can do your research on some other providers.