Don’t LetBAD DATA BITE intoBUSINESS BOTTOM LINES   Keep it Clean   Keep it Green   Keep Your Data VerifiedSpend Marketing ...
Contents     1. Introduction                                                                                 03     2. Wha...
Introduction           In a year almost 25% of your data goes stale           And 10 to 25% of customer information is inc...
What is Data Verification?Data verification is a process that ensures that datais correct and error free. It is entirely f...
Formulate an ongoing data cleansing program – Cleansing data once is not going to clean       new data that pours in on a ...
About Info CheckPointInfo CheckPoint is a preferred provider of credible business to business (B2B) information, databasem...
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Data Quality and Verification

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With quality data you can measure relevancy, analyze effectiveness, optimize strategies and maximize revenues and ROIs. Get to know what is data verification and what are the data quality best practices.

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Transcript of "Data Quality and Verification"

  1. 1. Don’t LetBAD DATA BITE intoBUSINESS BOTTOM LINES Keep it Clean Keep it Green Keep Your Data VerifiedSpend Marketing Dollars onCustomers that Count! © 2012 Info Checkpoint, Inc. All rights reserved.
  2. 2. Contents 1. Introduction 03 2. What is Data Verification? 04 3. Data Quality Best Practices 04 4. Think ‘High Volume’ Data Sources Are Clean, Think Again! 05 5. Conclusion 05 Before we begin, Want to know why your emails are undelivered? Have you found out how clean your data is? Would you like to increase email ROI? Find out whether your data and practices get you on the ‘white list’ Know if Your Data Stinks!02 © 2012 Info Checkpoint, Inc. All rights reserved.
  3. 3. Introduction In a year almost 25% of your data goes stale And 10 to 25% of customer information is incorrect According to Marketing Sherpa, an average of 2.1% of contact details change every month!Data is plays an integral role in key decisionmaking in any organization. With data almost Data managersdoubling every year, it is essential to ensure that popularly use thequality is kept intact and accuracy is improved. ‘1-10-100’ rule:B2B marketers need to realize that correctingincorrect information is a costlier affair. $1 to verify a contact as it is entered.Accurate and updated data is relevant acrossorganizations and industries, helping business $10 to clean existing data anddevelopers, sales professionals, marketers, manage duplicates.market researchers and recruiters alike. Whether it $100 per record to correct, if you dois required to find updated and targeted sales nothing to clean bad data.leads, or to increase ROI from marketinginvestments or to screen verified candidates whileheadhunting, data is the core essence.With defined strategies, planned processes and anongoing action plan, it is possible for organizationsto ensure data quality is constantly maintained. One the most important data quality metrics is DATA VERIFICATION.03 © 2012 Info Checkpoint, Inc. All rights reserved.
  4. 4. What is Data Verification?Data verification is a process that ensures that datais correct and error free. It is entirely factual and Be-Aware of ‘Bots’does not focus on the significance of the result. Thisis where data validation is important, which is a Today companies use tele-dialers orprocess that ensures data is logical and reasonable. ‘bots’ to verify contacts in a database.Verification is conducted to ensure data entered is At Info CheckPoint we have realtrue to the original source. Some of the methods verification specialists ensuring dataused include:- quality through manual email and tele- verification of individual contacts. Proof Reading – data is checked by manually comparing it with the original document. In that way Your data verification, Double Entry Checks – data is reentered and Your contacts, the two copies are compared for Your results and discrepancies. Other methods also include Your revenues are all real! phone and email verification.While manual methods may be time consuming and expensive, new software technologies havebeen developed to automate the data verification process, proving to be cost effective as well asfaster.Data Quality Best PracticesVerification is integral in maintaining data quality, accuracy, relevancy and currency. Data needs to becollected, compiled, organized and maintained in a way that it provides insightful information. Whilenew processes and technologies have been developed to maintain ‘clean and green’ databases, asimple method to begin with could be: Formalize strategies – Companies need to define their objectives to ensure data management is organized and databases built in direction with the company’s strategic goals. Fine tune processes – To ensure strategies are implemented efficiently, processes need to be streamlined. Creating a map is a great of identifying different stages of the data cleansing process. Focus on data integrity – Once data cleansing programs are in place, it is important to integrate clean data with existing databases. To avoid clutter and muddling of old data, with new data or bad data, it is important to ensure integration processes are tight.04 © 2012 Info Checkpoint, Inc. All rights reserved.
  5. 5. Formulate an ongoing data cleansing program – Cleansing data once is not going to clean new data that pours in on a daily basis. An ongoing program needs to be formulated to maintain quality of new information being introduced.Think ‘High Volume’ Data Sources Are Clean,Think Again!Online Data Sources – while using data collected from web forms, web registrations, lists,spreadsheets and other online data collection tools; do not directly dump it into the database. Moreoften than not people do not enter information correctly online. Therefore this data needs to bescrubbed cleaned of errors before contaminating an existing database.Crowdsourcing - is a community driven concept wherein data is contributed by users. Variousgroups and people provide information such as email addresses, phone numbers and social mediaprofiles. This source provides unlimited amount of data and information, making it possible builddatabases that could effectively utilized.However, crowd-sourced data has to be verified and validated before being added to the database.Encourage users to update details to ensure data is as complete, correct and current.ConclusionWhile statistics indicate a high percentage of changes in data on a yearly basis, it also points to thefact that either you have updated, current and accurate data or not have data at all. Consider this,B2B databases decay around 30 percent every year that technically translates to a spending of athird of annual sales and marketing budget on nothing but dead information!While new age concepts of ‘Think Green’ and ‘Think Blue’ are focused on conserving and ‘cleaning’the environment, a similar drive on the Internet needs to be explored to obliterate data dumps andcreate a pollution free virtual space.Data dumps need to be deleted, Data quality needs to be nurtured,Data decay needs to be obliterated, For a cleaner, pollution free virtual environment! Info CheckPoint provides clean and green databases. Our focus is on data quality, accuracy, currency and relevancy. We believe in keeping our databases fresh to enable you target your customers and prospective clients relevantly. To clean data for a lifetime of valuable customers! Info CheckPoint05 © 2012 Info Checkpoint, Inc. All rights reserved.
  6. 6. About Info CheckPointInfo CheckPoint is a preferred provider of credible business to business (B2B) information, databasemanagement and marketing solutions. We understand the value of driven, directed and dynamicdatabases and therefore emphasize on high quality data which translate to invaluable information.For us a database is a business intelligence tool.Our advanced search application allows instant access and provides segmented data to facilitatetargeted communication significant in leveraging business growth. Through this interface you canobtain information that is customized to business requirements and enables focus on primary targetmarkets appropriately.At Info CheckPoint we adopt a scientifically based, technology driven and manually validatedcomprehensive data verification process. Utilizing data quality tools, techniques and tactics, weemphasize on maintaining data that is verified, validated, accurate, current, relevant and hygienic.To gain access to power packed databases or for more information, please visit Info CheckPoint Contact Information 800-662-2980 support@infocheckpoint.com www.infocheckpoint.com06 © 2012 Info Checkpoint, Inc. All rights reserved.

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