Marketers often face challenges with scattered data across various channels. Data integration is the key solution as it offers a holistic view of marketing campaigns. This blog post explores the most prevalent data integration methodologies.
If you’re a savvy marketer, you’re living in a world filled with data coming from every direction. Each marketing channel provides its unique data. Website traffic, customer interaction, campaign performance, and conversion rate are some types of marketing data.
However, data scattered in different systems coming from different channels sometimes becomes overwhelming.
You know you have all the information collected, but how do you get the insights out of it? The solution? Integrating data from different channels for a holistic view.
Data integration allows you to access data from different sources on a single platform. This approach lets you understand your marketing endeavors’ performance on each channel. With this holistic approach, you can make informed decisions quickly that reflect in your bottom line. Let’s uncover how data integration works and why you actually need it.
When data is scattered across various groups in the organization, it is called data silos. For example, your sales team has the sales data, your marketing team has the campaign metrics and your digital marketing team has the website insights. And when this data is not accessible by every team, seeing the full picture becomes complex.
Using various platforms to collect data from different channels often leads to data silos. For example, you might use Mailchimp for email marketing insights, Google Analytics for website metrics, Salesforce for CRM, etc. Data silos often result in:
Data integration is one effective strategy to help your business succeed. When your team gets a holistic view of your marketing performance, they can work proactively. Suppose your team gets information about operations, market trends, and customer behavior all at once. With this information, they can instantly make informed decisions to do better in their endeavors. Here’s how data integration unlocks valuable insights:
It’s not necessary for your customer to reach you through a single channel. They might see you on an ad first, then visit your website or find you through a blog post. Integrated data gives you a complete picture of your customer’s journey.
For example, through website tracking, you will know which pages your customers visited and how much time they spent there. Social media metrics allow you to analyze interactions. Email marketing data helps you monitor open rates and CTR.
When you integrate data from these touchpoints, you can easily map your customer’s journey. This helps you understand which touchpoints are working well and which need extra attention.
Launching campaigns on different channels is one thing, but knowing which source converted the prospect is difficult. Data integration allows you to get a combined view of data from each channel.
For example, with integrated data, you can not only find which channel brought the sale but also know which specified ad your customer clicked.
This granular data empowers you to build attribution models that accurately reflect the contribution of each touchpoint. By understanding the true value of each channel, you can allocate resources strategically and maximize your marketing ROI.
Connecting with your customers on a personal level has become a necessity and data integration plays a crucial role here. For example, CRM data helps you understand customer preferences based on their past purchases.
Their browsing history analytics let you know what they are interested in currently. When you have a holistic view of their past purchases and
present behavior, you can forecast their future preferences easily.
With this information, you can launch campaigns that deliver what your customers are actually looking for. You can recommend products based on their interests. This approach can help you foster stronger customer relations.
Data integration allows you to go beyond static reporting and gain real-time insights into your marketing campaigns. Imagine it as a living dashboard that displays key metrics of all marketing channels.
With data integration, you can analyze CTR, engagement rates, and conversion rates all at once.
By monitoring these metrics, you can identify weak strategies and adjust campaigns on the fly. You can prioritize high-performing strategies, fix inefficiencies, and optimize your entire marketing mix to maximize impact.
Data integration isn’t only about compiling the information of all channels in one place. It is about uncovering hidden insights, which requires a strategic approach. Let’s explore those strategies for seamless data integration here:
The first step is to examine your existing marketing channels and identify the data nuggets. For example, examining your website data can reveal insights on CTR, time spent on different pages, and the reasons for bounce rates. These analytics can help you identify the areas that need improvement.
Similarly, look into the insights of your email marketing campaigns to gauge their effectiveness. On the other hand, social media analytics are valuable to understand if your online presence is relevant to your customers.
Likewise, CRM data lets you examine past purchase history and forecast future customer needs. Marketing analytics platforms like DiGGrowth are a wise choice to get a complete view of data from every marketing channel.
Once you’ve identified your data sources, it’s time to choose the right structure to bring them together. Here are some popular options, each with its strengths:
A data warehouse is a centralized method for storing and structuring data in a fixed format. In this type of data structure, insights can easily be organized and analyzed.
It’s built on historical analysis. In this structure, the data from different sources goes through the ETL process (Extract, Transform, Load).
You can imagine the warehouse structure as a library of data with insights stored in well-defined tables. Thus, this structure makes it easy to find and analyze insights.
In contrast to data warehouses, data lakes are designed for flexibility. This structure can store a much wider variety of data and is ideal for businesses that want to analyze information from multiple sources.
Unlike data warehouses, data lakes don’t require a predefined schema (structure) upfront. However, this means that data in a lake may be less organized and require additional processing.
Think of it as a reservoir holding all sorts of information, but it might require some filtering and organization.
CDPs are a specialized data platform designed specifically for managing customer data. They integrate customer information from various sources, such as CRM systems, marketing automation platforms, and website analytics.
These platforms provide a complete view of each customer, including their demographics, purchase history, website behavior, and marketing interactions.
Unlike data warehouses and data lakes, CDPs are more focused on actionable insights for marketing and customer relationship management. They often have built-in features for data segmentation, customer journey mapping, and personalized marketing campaign creation.
Data cleansing and standardization are important to maintain its accuracy and reliability and eliminate duplicate entries of data. This ensures accurate insights and efficient data management.
Also, standardize your data formats. Data collected from different channels can speak its unique language. Standardization ensures all data speaks the same language for seamless analysis. Data cleansing and standardization lead to marketing decisions that hit the bullseye.
Equip your marketing team with the tools they need to understand and interpret data effectively. Data literacy training allows them to translate raw numbers into actionable insights.
Encourage collaboration between marketing and data analysts. This ensures data is used strategically and insights are translated into winning marketing campaigns. Support a culture where decisions are based on data insights rather than intuition alone.
Silos data not only makes data analysis complicated and time-consuming but also hinders the marketing department to leverage insights fully. Data integration allows you to evaluate data from different sources in one place. This gives you a quick and comprehensive view of your marketing campaigns and their performance. By leveraging data integration, you can seize market opportunities just when you need to catch them.
The marketing experts at DiGGrowth would love to pitch in. Drop us a line at info@diggrowth.com and we will take it from there.
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