5 truths about data
TRANSCRIPT
truth #1
Companies spend years collecting andgrowing their audience data only to faceproblems with the way it’s stored.
fact one
truth #1
An integrated audience database allowsa company to tap into clean, actionabledata.
fact two
truth #1
Your organized data can then be used toreach highly-valued audiences withrelevant content, ultimately leading tonew revenue opportunities.
fact three
remove the data disconnect andcreate revenue opportunities.
truth #1 - in Summary
truth #2
An audience database that isn’t easilyaccessible or user-friendly means thepeople who want to access the datasimply won’t.
fact one
truth #2
Data layout, format, and usability make ahuge difference when considering howto maximize available audienceinformation.
fact two
truth #2
Bigger isn’t always better when it comesto data, it’s how you use the data thatcounts.
fact three
if data isn't accessible, it won't getused..... period.
truth #2 - in Summary
truth #3
It’s important to ensure that yourdatabase management solution staysup-to-date by including the latestfeatures and having your IT team plan forcontinuous updates.
fact one
truth #3
Are your company’s data managementprocesses such as cleansing andmerging/purging a skill set that your ITgroup is required to have and practiceevery day?
quick question
truth #3
As needs become increasingly complex,top businesses are making the shift to along-term partner to help fulfill theirneeds.
fact two
best-in-class database managementsoftware requires best-in-class experience.
truth #3 - in Summary
truth #4
Financial limitations are all too real forevery business, so it’s important to behonest about internal technical resourcesand aptitudes.
fact one
truth #4
The goal is to put the minimum amountof stress on your organization in thedevelopment and maintenance of adatabase when it comes to finances andresources.
fact two
truth #4
Leaders are increasingly adopting a “buythe technology, build the culture”philosophy.
fact three
truth #4
Consider finding a partner who has thedata quality management expertise andagility to maneuver as the technologyand information landscape shifts.
fact four
it's a build or buy decision.
truth #4 - in Summary
truth #5
Leaders should be investing in resourcesand talent to create a culture thatembraces new tools and technology.
fact one
truth #5
All too often, the focus lies on financesrather than culture.
fact two
truth #5
Commitment moves from the top down,and from the moment you commit to theproject, it’s crucial that you take the timeto educate your employees to ensurethat they are getting the most from thetechnology.
fact three
cultural adoption requires attentionand commitment.
truth #5 - in Summary
bottom line......
Your team should be focused on what they dobest. Managing data to ensure accuracy andknowing how and when to use the availabledata isn’t in the job description.
With these factors in mind, focus on investingyour resources and talent in creating a culturethat will embrace new tools and information toturn Big Data into marketing power andrevenue.