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Resources / Blog

The Role of Raw Data in Advertising: A Game-Changer for Marketers & Advertisers

11th September 2024

Topic: Programmatic, Raw Data
  • Understanding Raw Data in the Context of Digital Advertising
  • The Importance of Raw Data for Modern Marketers
  • Real-World Applications of Raw Data in Advertising
  • How Missing Raw Data Can Impact Your Business Efficiency
  • Raw Data for Various Devices 
  • How to Find a Reliable Raw Data Provider? 

In today’s digital landscape, raw data has emerged as a game-changer for marketers and advertisers, revolutionizing the way advertising campaigns are conceived, executed, and optimized.The ability to harness vast amounts of raw data from billions of devices worldwide is transforming the advertising industry. 

Understanding Raw Data in the Context of Digital Advertising

Raw data in digital marketing refers to unprocessed information that includes data from desktop, computers, and mobile devices, and CTV that provide insights into user behavior, preferences, and interactions across the digital ecosystem. By tapping into this rich source of raw data, marketers can uncover hidden patterns, segment audiences with precision, personalize messaging, and optimize campaign performance in real-time.

Moreover, raw data enables marketers to recognize user behavior across multiple devices and platforms, providing a comprehensive understanding of the modern consumer’s fragmented digital experience.

Achieve your business goals with raw data

The Importance of Raw Data for Modern Marketers

In today’s digital-first world, raw data has become the lifeblood of effective marketing strategies. This unprocessed information offers marketers unprecedented insights into consumer behavior, enabling them to craft more targeted, personalized, and successful campaigns.

Raw data is crucial for marketers and advertisers for several reasons: 

  • Comprehensive user understanding: Raw data provides a more complete picture of user behavior across multiple devices and platforms. This holistic view allows marketers to track the entire customer journey, from initial awareness to final conversion, across various touchpoints. Understanding these cross-device interactions helps in creating seamless, personalized experiences that align with user expectations.
  • Enhanced personalization: Raw data enables marketers to tailor their messaging, content, and offers to individual preferences, increasing engagement and conversion rates. This level of personalization can significantly improve customer experiences and foster brand loyalty.
  • Precision targeting: It enables marketers to identify and reach specific audience segments with unprecedented accuracy. By analyzing raw data, marketers can create highly detailed user profiles based on demographics, interests, behaviors, and preferences, allowing for hyper-targeted advertising campaigns that resonate with the right audience at the right time.
  • Improved Customer Segmentation: Having its own user data and combining it with other raw data sets helps to better segment users and propose new segments where the users can be a great fit. By enriching customer data with demographic, geographic, and behavioral information, marketers can create more precise and effective customer segments. This enables them to tailor their messaging and offerings to specific groups, increasing the relevance and impact of their campaigns.
  • Data-driven decision making: Marketers can make informed decisions based on actual user behavior rather than assumptions or intuition. Raw data offers concrete evidence of what works and what doesn’t, enabling marketers to optimize their strategies in real-time and allocate resources more effectively.

Real-World Applications of Raw Data in Advertising

Raw data is being used in numerous ways to enhance advertising efforts:

  • Custom audience creation – Developing tailored audience segments for specific campaign goals, combining first-party data with raw data to identify and target high-value prospects or niche markets that align closely with brand objectives and product offerings.
  • Data enrichment: Leveraging raw data to enhance existing customer profiles with additional demographic, interest, and contextual information, providing deeper insights into interests and intents, thereby enabling more precise targeting and personalized marketing strategies.
  • Audience segmentation – Creating highly specific customer profiles for targeted messaging, hyper-personalization, leveraging demographic, interests and intent data to build a behavioral profile based on high-quality data allows to launch unique campaigns that resonate with distinct consumer groups.
  • Cross-device targeting: Reaching users across multiple devices for a seamless advertising experience is enabled by raw data capabilities. This ensures consistent messaging as consumers interact via smartphones, tablets, desktops, or smart TVs, maximizing campaign effectiveness and brand recall.

Start implementing the changes today

How Missing Raw Data Can Impact Your Business Efficiency

The absence of comprehensive raw data can severely hamper a company’s operational efficiency and marketing effectiveness. Without detailed user information, businesses risk making decisions based on assumptions rather than evidence, leading to misallocated resources and suboptimal strategies. 

This data deficiency compromises audience targeting accuracy, resulting in wasted ad spend and diminished campaign performance. The inability to deliver personalized experiences can lead to lower engagement and customer satisfaction. 

Companies lacking raw data capabilities may struggle to adapt to market trends, putting them at a competitive disadvantage. 

Ultimately, this deficiency can result in reduced marketing ROI, missed growth opportunities, and overall business inefficiency. Recognizing these impacts underscores the critical importance of investing in robust data collection and analysis for long-term success in the digital ecosystem.

Raw Data for Various Devices 

Raw data serves as the foundation for effective marketing and advertising strategies, as it helps to provide a comprehensive user profile of their needs, behaviors, and preferences. In today’s digital landscape, advertisers and marketers face a complex challenge as they navigate the reality of individuals using multiple devices, complicating the process of reaching and understanding their target audience.

Raw_Data_Capabilities

Raw data for various devices makes it possible to reach target audiences across: 

  • Mobile Devices: smartphones, tablets 
  • Laptops and Computers (PCs)
  • Connected TV devices (CTV): smart TVs, streaming devices

Thanks to the vast possibilities offered by raw data, marketers can tailor their strategies to ensure more personalized and effective engagement with consumers across all digital touchpoints. 

How to Find a Reliable Raw Data Provider? 

When seeking a trustworthy data provider, consider these essential factors:

  • Verify the provider’s GDPR and CCPA compliance to ensure adherence to data protection laws.
  • Assess data quality through independent market standards like IAB or Nielsen. 
  • Evaluate the scale of data processed, as larger datasets often yield more comprehensive target groups.
  •  Check if the provider supports various ID types that match your needs.
  • Compare pricing options for your specific region and data requirements.
  • Look for providers participating in digital market initiatives like IAB’s Transparency and Consent Framework.
  • Ensure the availability of a support team to assist with your specific requirements.

By carefully examining these aspects, you can identify a data provider that offers high-quality, privacy-compliant data tailored to your marketing needs.

 

Looking for a raw data provider?

Talk to the Data Team

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