The short answer
Signal-based selling is a way to find the buyers who are ready now by tracking what they do: site visits, content and LinkedIn engagement, poll votes, newsletter follows, product usage, intent data and trigger events such as funding or a new leader. Each signal adds a point to a simple lead score, and when the score qualifies, the founder reaches out the same day with a personal message and a useful resource.
Key takeaways
- Signal-based selling contacts buyers based on what they do, because only 5% of B2B buyers are in-market at any one time.
- First-party signals from your site, content, the founder's LinkedIn and your product are the most accurate and the cheapest to capture.
- Second-party and third-party intent and trigger events such as funding, hiring and leadership changes help you prioritise accounts, not write the message.
- Start with one point per signal and a single threshold, then act the same day with a founder-sent message and a useful resource.
- Buyers choose from their Day One shortlist 95% of the time, so signals only pay off if you act before the shortlist closes.
Most startup outbound goes to people who are not buying. That is not a copy problem. It is a timing problem. At any moment only a small share of your market is in-market, and the rest will not buy for months or years however good the message is.
Signal-based selling fixes the timing. Instead of guessing who to contact, you watch for the behaviours that show a person or an account is moving, score them, and act the same day. This guide shows you what to track, how to score it in a model you can build in a week, and what to send when a lead qualifies.
What is signal-based selling?
Signal-based selling is a way of choosing who to contact, when and with what message, based on the actions buyers take rather than a static list. A signal is any small, actionable behaviour or engagement cue: a visit to your pricing page, a like on the founder's post, a vote in a poll, a new hire in the team you sell to.
The approach rests on two facts about B2B buying. First, most of your market is not buying right now. Peter Weinberg and Jon Lombardo, heads of research and development at LinkedIn's B2B Institute, put it plainly: only 5% of B2B buyers are in-market to buy right now, and 95% will not buy for months or even years.
Second, the buyers who are in-market decide early. In 6sense's 2025 B2B Buyer Experience Report, buyers chose from one of the vendors on their Day One shortlist 95% of the time, and buyers initiated 79% of engagements with sellers. If you wait for the inbound form, the decision is mostly made.
Signals let you find the 5% while they are forming that shortlist, and keep the other 95% warm until it is their turn. The sequence is always the same, from signal to score to outreach to meeting.
From signal to meeting
A named person or account takes an action you can see
Points add up across people and channels until the threshold is met
The founder sends a same-day message with a useful resource
The buyer books a call, starts a trial or joins a waitlist
What are buying signals in B2B?
Buying signals in B2B are the actions that show someone is researching a problem you solve. The strongest are first-party: behaviour on channels you own, such as your website, your content, the founder's LinkedIn and your product.
Start with these six groups of first-party signals:
- Site visits. Repeat visits, pricing and case study pages, and visits from several people at the same company count for more than a single blog read.
- Content engagement. Downloading a guide, registering for a webinar, watching most of a recording or replying to an email.
- LinkedIn engagement with the founder. Following the founder, liking or commenting on their posts, accepting a connection request or replying to a message.
- LinkedIn engagement with the company page. Following the page, visiting it or responding to a paid ad.
- Polls and newsletters. Voting in a LinkedIn poll or following the founder's or the company's newsletter. Both are explicit opt-ins on a topic you chose.
- Product usage. Sign-ups, activation, new users joining from the same account, or a free user reaching a plan limit.
Product usage deserves extra weight if you offer a free tier or a trial. Forrester's State of Business Buying 2026 found that more than 60% of business buyers now use a trial to evaluate solutions. A trial is a signal you own outright. In the agentic AI healthcare engagement, every account that closed had 5+ product users engaged, so the number of users per account became a signal in its own right.
Founder engagement is the signal accelerator founders underuse most. Your posts already attract the right people. Every like, comment and poll vote is a named person telling you what they care about, and most founders never write any of it down.
What is the difference between first-party, second-party and third-party intent?
First-party intent is behaviour you observe on your own channels. Second-party intent is another company's first-party data shared with you. Third-party intent is research activity collected across many sites you do not own and sold as a feed.
- First-party is the most accurate and the cheapest. You know exactly who did what, and when. Its limit is reach, because it only covers people who already found you.
- Second-party usually comes from a platform where buyers research your category, such as a review site or a partner marketplace, which tells you which companies viewed your profile or compared you with alternatives. It is strong because the context is your category.
- Third-party shows which companies are reading about topics linked to your category across a wide network of publishers. It covers accounts that have never touched you, but it is account-level and noisy. Use it to prioritise a list, not to trigger a message.
For an early-stage startup the order of investment is clear. Get first-party capture working first, because it costs little and it is the signal you will act on most. Add second-party data when buyers in your category use review sites. Buy third-party intent only once you have an agreed account list and someone who reviews it every month.
AI research makes owned signals more valuable. In Gartner's survey of 645 B2B buyers, 45% said they used GenAI during a recent purchase, mainly to gather information on vendors and products, and buyers used an average of seven information sources. Research inside an AI assistant leaves no trace you can see. The moment that buyer lands on your site or engages with the founder is the first signal you get, so be ready to catch it.
Which trigger events show a company is ready to buy?
Trigger events are changes inside a company that create a reason to buy, and the three most useful are funding, hiring and leadership changes. They do not show intent on their own. They show that the conditions for a purchase have just changed.
- Funding. A new round brings budget and a plan to spend it. Reach out about what the money is meant to achieve, not with congratulations.
- Hiring. Job posts in the team you sell to show where a company is investing and which problem it is trying to solve with headcount. A company hiring three billing specialists is telling you its billing workload is growing.
- Leadership changes. A new executive in your buyer's seat reviews suppliers and processes in their first months. They want early wins and they are open to new vendors.
- Other changes. An acquisition, a new market, a new regulation or a competitor leaving the market all reset priorities.
Trigger events work best combined with engagement. A company that just raised, and whose head of operations liked the founder's last two posts, is a far better target than either signal alone.
How do you know when a prospect is ready to buy?
You know a prospect is ready when several signals stack up in a short window, ideally from more than one person at the same account. One signal is curiosity. Three signals in a fortnight, across two channels, is a buyer doing research.
The simplest way to see this is a score. Codax's master workflow uses a plain rule: each signal adds one point to a lead's score. Followed the company page, one point. Followed the founder, one point. Visited the company page, one point. Engaged with a poll, one point. Liked or commented on posts, one point. Followed the newsletter, one point. When the score qualifies, sales reaches out immediately with an email and a resource.
Keep it this simple at the start. A one-point-per-signal model is easy to explain, easy to audit and easy to change. Add weights later, once you have enough closed deals to know which signals predict meetings. Use the table below as your starting map.
Buying signals: source, strength and what to do
| Signal | Source | Strength | What to do |
|---|---|---|---|
| Repeat visits to pricing or case study pages | First-party, website | Strong | Email the same day with the matching case study |
| Several people from one account engaging | First-party, site and LinkedIn | Strong | Map the committee and contact the most senior |
| Trial sign-up or new users in an account | First-party, product | Strong | Founder offers a short onboarding call |
| Poll vote, post like or comment | First-party, founder's LinkedIn | Medium | Add a point, connect, reply on the topic |
| Follows the founder, page or newsletter | First-party, LinkedIn | Medium | Add a point, send a useful resource |
| Viewed your category on a review site | Second-party | Medium | Prioritise the account, send comparison proof |
| Topic research across publishers | Third-party | Weak alone | Move up the list, watch for first-party signals |
| Funding, hiring or a new leader | Trigger event | Context | Time outreach to the change, lead with the problem |
How do you build a lead scoring model at an early-stage startup?
Build your first lead scoring model in a week: the signals you already capture, one point each, and a single threshold that triggers action. You do not need a data team or a large budget. You need an agreed list, one place to log signals and a rule everyone follows.
Build a scoring model in a week
Day 1: agree the account list
Write your ICP in one sentence and agree the target accounts with whoever sells. Score only people at accounts on the list.
Day 2: list your signals
Write down every first-party signal you can capture today: site, content, the founder's LinkedIn, company page, polls, newsletter and product.
Day 3: set up capture
Send site visitor identification, LinkedIn engagement exports and product events into one table or CRM view.
Day 4: set the points
Give each signal one point. Add one extra for pricing page visits, trial sign-ups and a second person from the same account.
Day 5: set the threshold
Pick the score that triggers outreach, for example 3 points within 14 days. Name who acts and how fast.
Day 6: write the plays
Write one email and one resource per signal type, in the founder's words, so the first message is ready before the lead qualifies.
Day 7: review and adjust
Look at who qualified, who replied and who booked. Change one rule at a time and record the change.
Here is a worked example. A head of finance at a target account follows the founder (1 point), votes in a poll on month-end close (1 point) and visits the pricing page (1 point, plus 1 extra). That is 4 points inside a week, above a threshold of 3, so the founder sends an email that day with a short guide on the poll topic.
Two rules keep the model honest. Let scores decay, so a signal from three months ago stops counting. And score the account as well as the person, because B2B decisions are made by groups. 6sense's 2025 report found that buying groups average 10+ members.
What should you do the same day a lead qualifies?
Act the same day, with a personal message and something useful. Signals go stale fast, and the buyer is comparing options now.
- Check the account. Who else from the company engaged? Who in the buying group have you not reached yet?
- Send from the founder. An email or LinkedIn message in the founder's voice that refers to the topic they engaged with, not to the fact that you saw them engage.
- Attach a resource. A case study, a guide or a webinar recording that answers the question the signal suggests.
- Offer one clear next step. A short call, a trial or a place on a design partner waitlist.
- Log the outcome. Replied, booked or ignored. This is the data that improves the score.
Same-day action is a habit, not a tool. In every Codax engagement, positive replies and signals reach sales the same day. Speed matters because warm signals rarely become meetings on the first touch. In the cybersecurity services engagement, accounts took an average of 5 touches before the first call, 8 in 10 opportunities were touched by three or more channels, and the median from first touch to first meeting was 41 days.
Signals also change which channels pay off. In the agentic AI healthcare engagement, retargeting people who had already engaged produced meetings 4x cheaper than targeting cold titles. For the messages themselves, read the founder outbound playbook.
How does Codax run signal-based selling for founders?
Codax runs signal-based selling as part of a growth department built around the founder. A growth department is one senior team that owns qualified pipeline end to end, from strategy to execution, under a single accountable lead. The founder stays the voice, the sender and the closer.
The master workflow is the same for every founder. Lead lists are enriched in Clay. Profiles are visited first as a warm-up, then connection requests, messages and post likes go out from the founder's account. Signal capture runs through tools including Common Room, RB2B and Phantombuster, with HeyReach for LinkedIn outreach and warm-up. Codax spends roughly $3,000 a month on foundational tools, so the founder does not have to build the stack. The GTM tool stack guide explains each category.
Warm leads come from LinkedIn poll voters, post likers and commenters, newsletter subscribers and paid ad responders. Always-on demand creation, from LinkedIn content and case studies to whitepapers, webinars and podcasts, keeps those signals coming. Demand capture, meaning signal scoring followed by alignment between sales and marketing, turns them into conversations. Copy is tested with the founder every round, what books calls gets more volume, and a monthly pipeline review sets the next round.
Signals shape the message as well as the timing. For an accelerator-stage revenue cycle AI company, outreach went straight to owners of independent billing and revenue cycle firms with a message about their future: succession, staffing, margins and the cost of keeping up with technology. That programme brought $8M ARR into design partnership across two acquisitions.
See how we work for the full model, the accelerator founders series for the rest of the playbook, and how the B2B buyer journey has changed for why timing matters more than it used to.
Questions and answers
What is signal based selling?
Signal-based selling is choosing who to contact, when and with what message, based on the actions buyers take. Signals include site visits, content and LinkedIn engagement, product usage, intent data and trigger events. Each one adds to a score, and a qualified score triggers same-day outreach.
What are examples of buying signals in B2B?
Strong B2B buying signals include repeat visits to pricing and case study pages, several people from one account engaging, and trial sign-ups. Medium signals include following the founder or company page, voting in a poll, commenting on posts and following a newsletter. Funding, hiring and leadership changes add context on timing.
What is intent data and do startups need it?
Intent data shows which people or companies are researching a topic. First-party intent comes from your own channels, second-party from a partner platform such as a review site, and third-party from activity across many publishers. Startups should capture first-party intent first and buy third-party data only once they have an agreed account list.
How do you know when a prospect is ready to buy?
A prospect is ready when several signals stack up in a short window, ideally from more than one person at the same account. A simple score makes this visible. For example, 3 points within 14 days, at one point per signal, is a clear threshold to act on.
How should an early-stage startup do lead scoring?
Give each signal one point, add an extra point for the strongest ones such as pricing page visits and trial sign-ups, and set one threshold that triggers outreach. Score the account as well as the person and let old signals decay. Review the model after four to six weeks against reply and meeting rates.
Sources
- The B2B Buyer Experience Report for 2025, 6sense
- The 95:5 rule is the new 60:40 rule, Marketing Week
- Forrester's 2026 Buyer Insights: GenAI Is Upending B2B Buying As Leaders Face Mounting Pressure To Justify Every Dollar Spent, Forrester
- Gartner Survey Finds 69% of B2B Buyers Turn to Sales Reps to Validate AI-Generated Insights, Gartner




