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4 Reasons to Implement Externally Sourced, Data-Backed Insights into Your Marketing Strategy

The data is in — and it’s about time you started listening. Modern marketing is all about data, and the companies that use data to their advantage are the ones that reign supreme.

If you want to stand out from the competition, it’s time that you start using it, too. Here are the four biggest reasons why you need to start using data in your marketing activities right now.

 

1. You’ll be able to make informed decisions based on facts rather than guesswork.

Data isn’t just useful for understanding customer behavior; it also helps you identify the strategies that worked in the past and which ones didn’t. 

By using data to inform your marketing strategy, you can ensure that you’re making smart decisions instead of relying on gut instinct alone. This way, you’ll minimize the risk of wasting money on ineffective campaigns and maximize your chances of success instead. 

 

2. The more you know about your customers, the easier it will be to create content they’d resonate with. 

You may have heard this before: content is king. That may be true.

But do you know what makes an effective piece of content? It’s when you understand who your audience really is and then tailor your message accordingly. If you don’t know much about them, it will be hard to come up with content that resonates with them.

Fortunately, with externally sourced and data-backed insights, you can quickly gain an understanding of exactly who your target market is and then craft content that speaks directly to them.

 

3. Externally sourced, data-backed insights will help you focus on the things that deliver the most results. 

Marketing can get tricky, especially when you don’t know who you’re talking to and where to find the ideal audience. The good news? We are now better equipped by technology to listen to our customers’ wants.

With the right tools, you can easily track down the people that matter most to the business to make sure that you have a pulse on what they care about. This way, you can better understand what makes them tick and what motivates them to buy – giving you an opportunity to double down on the things that truly drive conversions and results. 

 

4. Externally sourced,data-backed insights will give you a leg up on your competitors. 

It doesn’t matter if you’re a small business or a large corporation. There’s no such thing as a “safe” market anymore in today’s digital world. Every company is competing against every other company for attention. One of the most effective strategies to win is by listening, learning from your customers, and acting on the information you’ve gathered.

By incorporating external sources of data into your marketing plan, you can learn from your competitors’ successes and failures, and take steps to beat them at their own game. 

Conclusion

 Of course, there are a ton of reasons why externally sourced, data-backed insights are essential in your marketing campaigns. But we hope that these four points above have given you a few ideas to start thinking about.

Schedule a free consultation with us if you’re looking for some help gathering and analyzing data that matters to your business. We would happily discuss how we can help you leverage the power of data to boost your marketing efforts.

That’s all for today. Happy marketing

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