One trend in database management in B2B marketing and lead generation come the quality of data being gathered and used in the business. Database manager’s most common problem is how will they look and find a quality target in their database. Often they would come up with the idea of prioritizing quality leads in order to have a good number as results.
In the article 5 ways to evaluate the quality of audience data, wherein the procedure from the writer are briefly discussed in order to have a comprehensive understanding how quality audience are derive to produce. The key term buying audience are defined thoroughly such fetching the data from a original source up to the second and third party outlet herein. The critical understanding is that not all data area created equal thus implying that some data are just junk.
The framework of evaluating the quality audience data herein are summarized for you not get bored while reading it. There are rubric of evaluation as follows: source, mechanism, methodology, freshness, and price.
The source or the point of origin or in other words which one’s data came from. One must understand in order to know how much you will be getting. It starts from the first party or your own websites. The visitors are being saved and this is the most quality in all data being gathered upon. Next is the second party data or from someone else’s website you know that helps you gather more visitor. Lastly is the third party that usually comes from an unknown party or can hardly be verified. Third party data generally come from data management platforms.
Here and there you can choose from where your quality data will come from. Suggestion for the first party website is the best because of this, direct contact from the lead customer is much higher and the verification are less longer.
The second party in the moment is less quality but not because it does not come from you. Keep in mind that these data comes from another source in which the chance of having a quality data and lead are subjected to 50 percent reduction. Thus also the second party sources are already second hand and not raw. That means that the sources are much likely have been offered already by the first party from where it came from.
Lastly is the third party contributor on your data by which it aggregate and normalize audience data from a multitude of data providers, publishers, and other sources. Due to the opacity of most third-party data, it’s prudent not to automatically assume that it is of high quality or from a trusted source. Keep in mind that the freshness (or data age) is often unknown, and most third-party data providers rely on browser cookies as the underlying mechanism.