5 Ways to Pull Big Data Into Your Marketing Strategy What do marketers and big data have in common? They both have an insatiable desire to know more about their targets.

By Jean Spencer Edited by Dan Bova

This story originally appeared on Salesforce

What do marketers and Big Data have in common? They both have an insatiable desire to know more about their targets.

Big Data is that buzzword that describes the increasing volume of data surrounding every aspect of human life. It refers to the idea that nearly every human action can be quantified and logged in a bank of data that is growing at an unprecedented rate. In fact, there are nearly as many pieces of digital information as there are stars in the universe.

Marketers look into this vat of data bug-eyed and frothing at the mouth.

Why? Because Big Data holds the potentially to describe target customers with an accuracy and level of detail unfathomable only a decade ago. While old-school marketing efforts were limited to things like tracking returns on direct mail campaigns, or number of subscribers to newsletters, modern marketers can have data on people's exercise habits, digital clicking behavior, time spent on various sites, purchasing history, personal preferences based on social media postings, time awake, time spent in the car, caloric intake, and almost anything else you can imagine.

So it makes sense that marketers would be chomping at the Big Data bit.

But how should marketers leverage this new quantified customer landscape in the best way?

Related: Marketers Now Need to Think Data First

Here are five ways to pull Big Data into your marketing strategy:

1. Monitor Google trends to Inform your global and local strategy.

Google Trends is probably the most approachable method of utilizing Big Data. Google Trends showcases trending topics by quantifying how often a particular search-term is entered relative to the total search-volume. Global marketers can use Google Trends to assess the popularity of certain topics across countries, languages, or other constituencies they might be interested in, or, stay informed on what topics are cool, hip, top-of-mind or relevant to their buyers.

2. Use digital information to more clearly define your ICP.

Use heaps of analytics to learn more about your target buyers than you've ever known before.

Whereas in years past, marketers would make educated guesses at the age, demographics, and work profile of their target buyer, modern marketers have vats of data intelligence to prove their intuitions, and shed light on a more granular level of detail, such as: which web sites a user frequents most often, which social media profiles they have and use, and even which buttons they click on a given website.

Related: The Ultimate Guide to Metrics for Business Leaders

ICP (or Ideal Customer Profiles) can be extremely targeted, while also data-backed.

For instance, in an Avis Budget case study, Tim Doolittle, vice president of CRM and marketing science, said adding Big Data to understand their customer profile "...increased the effectiveness of our contact strategy, in many cases above 30% over control."

3. Create real-time personalization to buyers.

Marketers need to send the right message at the right time. Timeliness and relevancy aren't just qualities of the fourth estate; they're also the foundation of successful marketing campaigns, email click-through rates, and consumer engagement with your brand.

Big Data gives marketers the most timely insights into who is interested or engaging with their product or content in real time. Tying buyer digital behavior into your CRM systems and marketing automation software allows you to track the topics that your buyers are most interested in and send them content that makes the most sense to develop those ideas or extrapolate on those topics.

On average, companies collect customer and prospect data from 3.4 channels. Most commonly, this include the company's website, followed by the sales team and then the call center.

4. Identify the specific content that moves buyers down the sales funnel.

How successful was a singular blog or social post at generating revenue? Before Big Data that was an unanswerable question. We executed on social media strategies and content creation because we had a feeling that it was working, but we had no way to back that claim.

Now, marketers can distill the effectiveness of a marketing push down the to tweet. Tools like content scoring illuminate which individual content assets were successful to a closed / won deal, and which were inefficient. The allows marketers to hone the strategies around the content topics or types that resonate with their buyers the most, and truly compel them to purchase.

5. Integrate predictive analytics into your lead scoring strategy.

Predictive analytics is one of the most progressive (and maybe aggressive) strategies marketers can employ with Big Data.

In particular, marketers are seeing high rates of success in predictive lead scoring, which uses a company's base CRM data and other third party Internet data to generate a model that successfully predicts future lead behavior. It pools and analyzes historical data around successful leads (leads that became closed won), thereby giving marketers clear indications about which digital behaviors are hand-raising activities or should be weighed more heavily in lead scoring.

Already, companies excelling at traditional lead nurturing generate 50% more sales-ready leads at 33% lower cost. The possibility that predictive lead scoring dwarfs that, is likely.

...But not overnight

Will Big Data suddenly transform your marketing losses into wins? No. Will it make drive 10x lead volume per blog post? No. Data can only suggest trends, validate claims, and reduce the amount of human error in decision making processes. But, let's face it. It's still the human decisions, and human strategy that turns the wheel.

Not to say, Big Data shouldn't stir up a marketer's appetite. If there's anything new on the menu for marketers, it's Big Data. Go ahead, feast.

Related: Data is Not an Insight

Jean Spencer

Content Marketer and Writer for Kapost

Jean Spencer is an entrepreneur and former political journalist. She is currently a content marketing manager at Kapost, which develops content-marketing software for enterprise businesses. Spencer specializes in numbers and data and her articles focus on digital marketing, content marketing and the state of the journalism industry.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

'Now Accepting Applications': Elon Musk Is Opening a New Preschool in Texas Called Ad Astra. Here's How to Apply.

The school got an official permit last month to operate with as many as 21 students.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

'We're Not Allowed to Own Bitcoin': Crypto Price Drops After U.S. Federal Reserve Head Makes Surprising Statement

Fed Chair Jerome Powell's comments on Bitcoin and rate cuts have rattled cryptocurrency investors.

Business News

A New Hampshire City Was Named the Hottest Housing Market in the U.S. This Year. Here's the Top 10 for 2024.

Zillow released its annual lists featuring the top housing markets, small towns, coastal cities, and geographic regions. Here's a look at the top real estate markets and towns in 2024.

Leadership

How Smart People Handle Difficult People

Toxic people defy logic. Some are blissfully unaware of the negativity they spread, while others seem to derive satisfaction from creating chaos.