Data – The Runt Of The Marketing Litter
Marketing Managers have masses of consumer information at their fingertips, to be used how and when desired; it is the Holy Grail of marketing. However, an unexpected referendum result and election down the line, data suddenly becomes a taboo subject. Cast aside because of how easily it can be manipulated and misinterpreted. Data shouldn’t become the runt of the litter in the marketing world, especially when it comes to audience segmentation, brand planning and forming creative ideas.
With more information available than ever before, data should be at the forefront of creativity. It’s now so easy for marketers to understand consumer media consumption habits. What adverts they like, when they view those adverts, and how they view those adverts are just some information that can be accessed. And this should all be taken into consideration early in the creative process. It’s no coincidence that we are witnessing a huge rise in the number of experiential campaigns. Data could prove that consumers now want more from brands, that consumers want a physical experience with a brand.
Remove misinterpretation and manipulation from the equation, and being surrounded by data is like living in dreamland from marketers, is it not? There’s nothing wrong with good, hard facts; and with reliable data to extract the information you need, there’s no risk of assumption.
So much can be learned from data and not just the points mentioned. Communication strategies, the use of digital platforms and media planning & buying are but a few more areas aided by the use of data. To learn more, contact SWC Partnership, Full Service Integrated Marketing Agency with offices in Tunbridge Wells & London here.