Improve Data Collection Practices in These Practical Ways

    Improve Data Collection Practices in These Practical Ways

    Effective data collection ways help brands strengthen their decision-making ability. Data collection also improves processes and enhances the reach of a product or service among relevant customers and audiences. These factors make marketers keep improving their data collection methods.

    Data analytics is becoming relevant in corporate decision-making. It is a critical asset of a business that demands an in-depth understanding of the fundamentals of customers’ research and anticipating the subsequent marketing efforts accordingly.

    An essential part of data analytics is data collection. And looking for continuous improvement in collecting the right data has become more critical than ever in the current digital landscape. It is because quality data will help brands boost their business value upon incorporating more technology. However, not all data is meaningful and beneficial. So, to avoid data challenges, brands should incorporate a comprehensive data collection framework. Using suitable methods, brands can efficiently collect and analyze valuable data to make better decisions.

    That makes sense if brands aim to roll out a new data collection framework or improve the methods to collect data; here are key ways to consider:

    Also Read: Ways to Optimize Marketing Operations

    Automate Data Collection

    Data collection is one of the trickiest tasks for marketers and organizations. However, with reliable and accurate technology tools and software, managing data in minimum time and effort is now possible. On this, the thing is, data collection needs improvements. So, the most effective way to do that is to automate the overall data collection process. Marketers can use various applications and tools such as online forms, chatbots, and instant messaging platforms that feed information of customers and visitors directly into the database. These help marketers gather valuable data and eliminate to-and-fro processes that often lead to mistakes or poor data segmentation.

    The compatibility of data collection systems and software needs to align will redefine data collection practices. Realizing compatibility and streamlining data collection processes improve data quality and segment data, thus allowing marketers to serve customers and target audiences better.

    In addition, marketers need to free up spaces of systems by eliminating outdated, inaccurate, or unnecessary data identified during data audits. Doing so will help manage overall customer data.

    Consider Customer Behavior-driven Data

    Concentrating only on customer data that defines a purchase is not only the way to redefine the data collection process. Instead, marketers should also consider customer behavior-driven data, so they can gather data that shows interest and intent as well. For this, marketers must integrate tech stacks that track vital web interactions and convert the information into data.

    Customer behavior is a crucial indicator for brands and organizations to jump-start their targeting strategies. Positive feedback and interaction of customers for assets is an opportunity to acquire data. Marketers need to keep track of customer behavior, including how they interact, what they look for, what they provide under contact information, and their queries about particular products or services, using analytics. Following this practice can help marketers to gain more and more valuable data.

    Leverage Mobile Devices for Quick Data Collection

    Mobile-based techniques are booming in collecting relevant and valuable data. They are quick and efficient, enabling marketers to obtain a wide range of data, making the process cost-effective. As customers mostly use mobile devices such as smartphones, laptops, and tabs, many marketers today actively track data from these. Mobile devices widely help in collecting data. The most prominent ways are:

    First is IVRS (interactive voice response technology), which brands use to collect data by providing speech options on websites or apps for quick navigation to customers’ preferred web page or directly to the solution or product page. Also, brands offer options for recorded queries to collect data, which allows them an easier and more seamless data collection method.

    The second is to leverage SMS collection of data that uses a click-through approach, and marketers gain relevant data.

    The third is using mobile applications which can effectively collect data through user interactions and search activities.

    Utilize Interactive Ways—Online Webinars, Sessions, or Events

    Besides straightforward ways to generate leads and collect data, such as websites, emails, and newsletters, brands can utilize interactive ways of data collection. Brands may collaborate with media executives to launch or advertise online webinars catering to different industries, offer discounts on joining webinars and enrolment fees, online events to join, free consultations with industry experts, and provide feedback forms of polls dispersed on social media platforms.

    These are the unique ways brands are taking advantage of to collect data and maximize their database likewise. Incentivizing audiences with opportunities to join podcasts, interview platforms, and personalized giveaways are also effective ways to improve and innovate the data collection process. Personalized giveaways after attending webinars and events can be helpful for marketers to get relevant and valuable data on customers to target, engage and make them loyal customers. Adding to the list of innovative customer data collection methods, marketers can also consider implementing gamification to improve the data collection process.

    Also Read: Most Convincing First-party Marketing Data Myths Business Must Burst

    Practice Data Governance Strategy

    A data governance strategy dictates how brands and organizations collect, store and use data accordingly. Employing the strategy allows marketers to maintain the continuity of collecting quality data and keeping them updated and organized.

    Compliances and regulations guide brands to avoid data corruption, duplication, and silos. The rules help focus on the business’s goals and revenue objectives, enabling marketers to collect accurate data, segment it efficiently, and draw applicable insights. And since data governance ensures every department operates data with the same information and follows similar guidelines, it provides more consistent customer service.

    Key Takeaway

    Today, running a data-based business is vital to success and expansion. If brands do not use data relevantly to uncover insights, it will take business at the lowest market position, decrease revenue generation, and lose business. Fortunately, the continuous advancements in data processing technology and systems today provide brands to visualize data information through basic yet essential activities by customers. Collecting data is crucial to understanding audiences and customers and expanding business with relevant services provision.

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    Anushree Bhattacharya
    Anushree Bhattacharya is a Senior Editor with TalkCMO, where she covers stories on B2B business strategies and digital marketing. She is a quality-oriented professional writer with eight years of experience. She has been curating content for the B2B marketing industry, and her writing style is inclined toward how businesses want to perceive information about emerging digital transformations in the marketing landscape with latest developments. Anushree blends the best information on trending digital transformations, technology-driven stories, and SEO-optimized content. Anushree is proficient in curating information-driven stories about marketing for TalkCMO publications.