The Superpower of Clean and Accurate Data

Nov 13, 2024 9:39:31 AM / by Keith Snow posted in data hygiene, data security, personalized advertising, data-driven intelligence, data privacy, Data Quality, omnichannel marketing, customer experience, marketing ROI, experian data, customer insights

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When it comes to marketing campaigns that are able to fuel business growth, clean and accurate data is the foundation success is built upon. New technologies combined with rapidly shifting consumer behaviors mean marketers must go beyond basic data hygiene practices to stay on top of keeping data fresh and functional.

Today’s consumers are far more discerning. The information you have about them must be accurate and relevant, paving the way for well-targeted and personalized marketing communications to engage them. Yet, recent studies show that more than half the data used for ad targeting is wrong.

Dirty data not only stands in the way of effective personalization, but the negative impact is amplified across wasted resources, missed opportunities, and decreased ROI. Good, solid data should be every marketer’s immediate priority.

Why Clean Data Matters More Than Ever

Several current trends highlight the growing importance of clean and accurate data.

AI and Machine Learning: Advancing technologies rely heavily on high-quality data to deliver accurate insights and predictions. Clean data ensures that these technologies can function optimally and provide valuable customer insights.

Personalization at Scale: Consumers expect highly personalized experiences. Clean data enables marketers to create detailed customer profiles, segment audiences effectively, and deliver tailored content that resonates with individual preferences and behaviors.

Omni-Channel Marketing: With consumers engaging with brands across digital and in-person channels, consistent and accurate data is essential for creating cohesive and seamless experiences. Good data allows for effective cross-channel tracking and integration, ensuring that marketing messages are consistent and relevant across all touchpoints.

Enhanced Customer Experience (CX): The most successful brands and businesses know customer experience is a key differentiator. Accurate data helps marketers understand customer needs, preferences, and pain points, and create more meaningful and engaging experiences.

Data Privacy and Security: As data privacy concerns grow, maintaining data properly is critical for building trust with consumers. It ensures that personal information is handled responsibly, maintaining customer confidence and the credibility of your brand.

Advanced Strategies to Keep Data Fresh and Valuable

In a data-driven landscape, marketers must elevate their data management strategies beyond basic hygiene to unlock the full potential of their customer insights. By implementing advanced data cleaning, enrichment, and governance practices, organizations can create a robust foundation for accurate, actionable, and customer-centric marketing campaigns. This can include: 

  • Automated data cleaning tools that detect and correct errors, remove duplicates, and update outdated information in near real-time.
  • Data enrichment from top-tier data sources that fill gaps, improve accuracy, and create a more comprehensive view of your customers. At B2E, we use Experian data, one of the most expansive datasets available, which has also been top-ranked for data accuracy.
  • Regular data audits and monitoring to identify and rectify issues promptly. Without continuous attention, data accumulates errors and degrades significantly over time. 
  • Data governance policies that define data standards, roles, and responsibilities. This will help maintain data quality and integrity across the organization.
  • Breaking down data silos by integrating data across different systems and departments. A unified data infrastructure ensures everyone has access to the same accurate and consistent information for decision-making.

Marketing Excellence is Backed by Good Data

The path to marketing excellence is paved with clean and accurate data. As emerging trends and technologies are increasingly data-powered, quality becomes more paramount. With sound data management, marketers can unlock the full potential of their data and drive more effective campaigns. 

Do you need access to superior quality data, or help maintaining data integrity? Reach out to schedule a free consultation and learn more about how B2E can help!

 

 

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Are You Overlooking This Key Data Security Issue?

Dec 8, 2021 9:19:42 AM / by Keith Snow posted in digital marketing, customer data, data security, soc 2 compliant

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A data security incident at any business – large or small – can cause serious damage. The average cost of a data breach rose to new highs in 2021, to the tune of more than $4 million.  

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