Ideal customer profile (ICP): how to define who you sell to

An ideal customer profile (ICP) describes the type of company that gets the most value from what you sell and is most valuable to you in return. It tells sales and marketing where to spend their time, and just as importantly, where not to.

Reading time
2 min
Updated
Topic
Prospecting
Contents

What is an ideal customer profile?

An ICP is a description of a company, not a person. It sets out the characteristics that your best customers share: industry, size, location, how they buy and the situations in which they need you. Companies that match the profile buy faster, stay longer and are easier to serve.

Without an ICP, prospecting becomes a numbers game. With one, every list, campaign and call starts from the same idea of who is worth reaching.

ICP vs buyer persona

The two are often mixed up, but they answer different questions.

Ideal customer profileBuyer persona
DescribesA type of companyA type of person within that company
AnswersWhich accounts should we target?Who do we talk to, and what do they care about?
Typical contentIndustry, size, market, technology, triggersRole, goals, challenges, objections

Start with the ICP, then write personas for the two or three roles that matter most in a typical deal.

What to include in your ICP

  • Firmographics: industry, number of employees, revenue range and the markets the company operates in.
  • Situation: growth stage, recent changes and the problems that make your offer relevant.
  • Technology: systems they use that your product works with, or replaces.
  • Buying process: who is involved, how long decisions usually take and what triggers a purchase.
  • Exclusions: the kinds of companies you have learned not to pursue.

How to build an ICP from your own data

The most reliable ICP comes from the customers you already have.

  • List your best customers by value, retention and how easy they are to work with.
  • Look for what they have in common: industry, size, region and the reason they first bought.
  • Compare them with deals you lost or customers who left, to see what does not fit.
  • Talk to the sales and support people who know these customers best, and to a few of the customers themselves.
  • Write the profile on one page and test it on a small list before you roll it out.

Putting the ICP to work

An ICP is only useful if it shapes daily decisions. Use it to build prospecting lists, to score inbound leads, to choose which events to attend and to decide which deals deserve extra effort. Share it with any partner who prospects on your behalf, so their lists match yours.

Review it at least once a year, or whenever you launch a new product or enter a new market. When we prepare an international expansion project, adapting the ICP to the new market is one of the first steps.

Turn your ICP into meetings

We build quality lead lists from your profile and book meetings with the decision-makers.

Appointment setting

Frequently asked questions

What does ICP stand for?

ICP stands for ideal customer profile: a description of the type of company that benefits most from your offer and is most valuable to you as a customer.

How is an ICP different from a target market?

A target market is broad, such as all logistics companies in Europe. An ICP narrows it to the specific companies within that market where you are most likely to win and keep a customer.

How often should we update our ICP?

Review it at least once a year, and whenever you launch a new product, enter a new market or notice that won deals no longer match the profile.

Can a company have more than one ICP?

Yes, if you sell different products or serve clearly different segments. Keep each profile specific, and make sure everyone knows which one a campaign is built on.

Ready to close more deals?

12,000+
Qualified meetings booked for our clients
30+
Markets where we actively book meetings
20+
Industries where we've successfully booked meetings

Let's talk

We'd love to start with a call to get to know you and understand your needs. Fill in the form and we'll get back to you within one working day.

We only use your details to respond to your enquiry, and we usually reply within one working day.

This form is protected by reCAPTCHA, and Google's Privacy Policy (opens in a new tab) and Terms of Service (opens in a new tab) apply.