Answer these 3 questions before buying a lead list
Corey Quinn
Founder, Deep Specialization™
If you have a bad list, everything downstream suffers. Ask these 3 questions before buying a lead list, and understand why building internally usually wins.
Ask yourself 3 questions before buying a lead list:
Can we create the list ourselves instead?
Do we know anyone who already has this list?
Are we buying the list from a vertical specialty firm?
If the answer to all 3 is no, then go buy one.
But know the list you're buying is often full of fake/bad leads.
Worse, it's impossible to know which leads are garbage and which are good.
That's why it is always better to build your list internally, where possible.
Why?
Because you care more about the outcome than a list broker does.
Questions to ponder:
1️⃣ Where can we improve the quality of the lead lists we buy?
2️⃣ What are the true costs of buying versus building our lead list?
Have a great day!
CQ
Frequently Asked Questions
Why does the quality of a lead list matter so much for everything downstream?
Because outreach, gifting, and follow-up all depend on reaching real, relevant prospects. A bad list undermines every effort built on top of it, regardless of how strong the messaging or offer is.
Why ask whether the list could be created internally before buying one?
Because internal list creation typically produces higher quality, since it's built with direct knowledge of exactly who's being targeted, rather than relying on a broker's generic categorization.
Why does knowing someone who already has the list matter as an alternative to buying?
Because a trusted, existing list from someone with real experience in the vertical is likely to be more accurate and relevant than a generic, purchased alternative.
Why does buying from a vertical specialty firm matter if a list must be purchased?
Because specialty firms with deep knowledge of a specific vertical are more likely to produce accurate, well-curated lists than a general-purpose list broker unfamiliar with that market's nuances.
Why is it often better to build a list internally rather than buy one from a broker?
Because internal teams care more about the actual outcome than a list broker does. That difference in investment tends to produce cleaner, more accurate targeting than a purchased list riddled with fake or bad leads.
About Corey Quinn
Founder, Deep Specialization™
Corey helps founder-led agencies scale through Deep Specialization™ and programmatic M&A. Former CMO of Scorpion ($20M to $200M). Author of "Anyone, Not Everyone."
