Dirty data can be a critical issue as it threatens the effectiveness of Customer Data Platforms (CDPs). Being a business owner, one uses CDPs for personalized marketing and better customer engagement. However, the presence of any inconsistent or incorrect data can highly hamper the process. In this regard, Syntasa offers amazing data ready solutions for CDP platforms.
Do you know that at least 80% of organizations spend their valuable time on data protection? According to a survey by Gartner, poor data quality costs organizations an average of $12.9 million per year. But, thanks to Syntasa that helps you with this serious issue. So, in this blog, you will explore how Syntasa gives you a data ready solution for CDPs.
How does Dirty Data Impact on CDPs?
Let us tell you a very obvious fact you know already about data. That is it is the most valuable asset in this digital era. So, any temperament about this data can sabotage your business’s face values. Let’s quickly visit how exactly dirty data can hugely impact CDPs.
Data Integrity and Decision-Making
First and foremost, CDPs are made to structure many customer data. So, maintaining data integrity can be difficult. Most importantly, dirty data creates poor decision-making. A study by Experian shows that 65% of marketers struggle to scale their CDP initiatives due to data quality issues. By now, it is clear that it damages customer relationships and brand reputation.
Data Silos and Fragmentation
Data silos are another challenge resulting from dirty data. If collected data is not under proper integration then it creates fragmentation. This also includes Incomplete customer profiles due to missing data fields or Inaccurate customer segmentation based on unreliable data. Syntasa’s data-ready solution minimizes this problem by breaking down silos. It ensures that all necessary data is available only in one place.
Price of Poor Data Quality
Lastly, we understand that a CDP implementation can be monetarily high in value. But, do you know the downside of not carrying out the CDP? Then let us tell you the bitter truth. Poor data quality leads to wasted resources. So, data ready solution of Syntasa upgrades these processes by reducing the time and effort. It works on data preparation which improves the return on investment for CDP initiatives.
How Syntasa’s Data Ready Solutions Help With CDP
A Streamlined Flow
Syntasa’s CDP offers a complete solution to the challenges caused by dirty data. Can you imagine that it will help you with the cleansing, transformation, and integration of data? This not only saves time but also enhances data quality. Since it performs auto-check and sends alerts for any anomalies. This platform also provides intuitive data visualization dashboards. Syntasa’s real-time data processing ensures that customer profiles are continuously updated, allowing for timely and relevant interactions
Improved Collaboration(The Best Reason to Use Data Ready Solution)
You might be wondering how CDPs can improve collaboration. Then we will ask you to look at the bigger picture. The data-ready solution makes a better platform for data exchange. So, now marketers don’t need to rely on IT support always. And, who doesn’t want a better convenient medium? This improved collaboration facilitates effective marketing strategies. Syntasa’s data-ready solution helped their client reduce data preparation time by 50% and increase CDP ROI by 25%. Huge. Right?
Conclusion
Hopefully, you have already understood how Dirty data can be a silent killer of CDP effectiveness. However, with Syntasa’s data ready for CDPs business owners can overcome these obstacles. As it provides comprehensive training and support to ensure successful user adoption. In brief, it is a strategic move towards achieving marketing excellence in the age of personalization.