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Data Strategy: The Missing Link in Your Digital Transformation Plan

Smart Data Collective

Instead of seeing an advert for a product and thinking, “that looks like what we need,” the idea here is to think about your goals and find tools to provide you with the data you need. You’re looking for the product rather than the product’s advertising finding its way to you first. Why Are We so Focused on Data Strategy?

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The Importance of Implementing a Sensible Data Collection Strategy

Smart Data Collective

One poll found that 36% of companies rate big data as “crucial” to their success. However, many companies still struggle to formulate lasting data strategies. One of the biggest problems is that they don’t have reliable data collection approaches. The Importance of Data Collection in Business.

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Big Data Analytics is Advertisers’ Best Weapon

TDAN

Consumers’ digital footprint is increasing in the personalized era of Advertising and Marketing, and Big Data Analytics will help businesses achieve high customer retention rate. Big data has become a buzzword in today’s competitive era. Recent advancements in big data technology […].

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3 Huge Ways Big Data Analytics Benefits Businesses

Smart Data Collective

However, despite the benefits big data provides, companies that are using it are in the minority. Only 30% of companies have a well-defined data strategy. An even smaller number of companies have a data strategy that is supported by the company leadership. Assists Advertisers.

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ISPs Use Holistic Big Data Strategy To Shed Customer Cynicism

Smart Data Collective

In 2017, many Americans became concerned over the new threats to online security and data privacy. An Obama-era protection was thrown out , allowing ISPs to sell your browsing history to advertisers, stating that it would allow ISPs to have the same privileges that Google and Facebook do.

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Data is a Crucial Part of Any Marketing Strategy

TDAN

It’s estimated that individuals in the US are exposed to between 4000 and 10,000 advertisements per day. Despite all that input, people generally retain only a maximum of 3 messages. If you’re a marketer, you know how challenging it is to craft the perfect message for your audience – ensuring it is both authentic and personalized.

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The Vital Elements of a Big Data Branding Strategy

Smart Data Collective

Big data is playing a very important role in the future of branding. Last year, Samantha Bhargav wrote a great article on ways big data can help with branding strategies. Ways that Big Data Promotes Stronger Branding Practices. Netflix using big data to more succinctly target its customers in advertisements.