Request For Quotation

For example, a B2B software company looking to enhance their lead generation efforts might issue an RFQ to several data enrichment providers. The RFQ would specify requirements such as enriching 50,000 existing contact records with additional firmographic data (company size, industry, revenue), technographic information (tech stack used), and intent signals. The document would outline delivery timeframes, data accuracy expectations (minimum 95% accuracy), and integration requirements with their CRM system. Vendors would respond with detailed pricing structures—perhaps $0.15-$0.50 per record depending on enrichment depth—along with their data sources, refresh rates, and compliance certifications. By comparing these responses, the company can select a provider offering the optimal balance of comprehensive data, reasonable pricing, and reliable service, ultimately enabling them to create more targeted marketing campaigns and prioritize leads with the highest conversion potential.