Dec 26, 2017

How Data Enrichment Services Help In Market Identification

Dec 26, 2017 Data, Data Enrichment Services, Web Scrapping Services

Profit earning is the primary objective of business organizations. The best way of enhancing profit is to expand your sales- customer base. Since marketing campaigns are largely based on data, building accurate, current and relevant data should be your central concern. However, doing this is not a child’s play!

Web scrapping services help in culling out the data that you need. Since these services deal with bulk data, they might largely involve copy-pasting data from reliable sources. After building raw data according to your needs, it shouldn’t be proceeded with until it has undergone the keen eye of Data Enrichment Services.

Data enrichment can help in ensuring that you reach the RIGHT PEOPLE, get an insight into their likes and dislikes so as to avoid missed opportunities and ineffective campaigns.

Apart from filling missing entries, validating existing data, data can be clubbed under the criteria specified by you. Data enrichment services help in-

  • Segmenting Buyers-By categorizing your buying prospects in specific categories like income, age, gender, etc., you can create a targeted marketing campaign that caters to the requirements of different categories and therefore possesses more chances of fuelling conversions.
  • Re- engaging Existing Customers- A re-engagement strategy can be created to maintain retention intact thereby leading to the formation of a long-term relationship with customers.
  • Tracking Potential buyers- While closely examining the buying behaviour of your existing customers, you can chart out strategies that can be used to influence your buying prospects. Web Scrapping Services help in providing information regarding your potential buyers.

Are there any prerequisites for getting your data enriched?

Business organizations have different requirements. To ensure that data proves to be fruitful, the importance of the following shouldn’t be overlooked.

  • Laying objectives- First of all you should be crystal clear with the domains you intend to employ the enriched data in. This would facilitate a specialized approach towards more important spheres.
  • Defining Parameters of Data Enrichment- You might expect segmentation of your target audience so that it can become actionable for you. Whereas, data experts might understand it as filling missing entries and validating the existing data. In such a scenario, laying down parameters helps in providing data as per expectations.

Outdated data can lead to an unnecessary burden on the financial resources of the organization. For instance, sending text messages to potential buyers on addresses that have not been updated since long lead to unnecessary addition in cost.

Get in Touch!

Experts at SunTec India have years of experience and proficiency in offering Data Enrichment Services. For knowing more about how we can help you, feel free to write to us at info@suntecindia.com

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