‘How to create a clear data strategy for your business’ – ‘Econsultancy’ Blog
Mark Patron says, “Most organisations have well-defined business and IT strategies. With data becoming key to business success, a coherent data strategy is now also important.
At the Festival of Marketing the Econsultancy Digital Transformation team met with a number of marketers, and it became clear that many businesses are struggling to develop a coherent data strategy.
This blog gives a quick summary of those discussions. And for more on this topic, download these Econsultancy reports:
Benefits of having a clear data strategy
To begin with, here’s a run through of some benefits of having a clear data strategy:
- Personalisation and targeting. If you know your customers, you can service them better.
- Scalability. A good data strategy means you will hit fewer data related roadblocks. Buying new technology rarely fixes a lack of an underlying data strategy”.
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