Types of customer Data
Some common questions I hear
These are all valid questions, but let’s take one step back
What are the different types of customer data?
The engagement ring metaphor
I like to think back to the time I was trying to purchase an engagement ring. As many of you know, there are many ways to go about this.
All of these are perfectly acceptable approaches.
So what does this have to do with marketing data?
0-Party
A great way to understand your future spouse (or customer) is to simply ask questions. This is the most pure way to gather insight. Be sure to follow best practices on this however, follow-through is critical
1st-Party
Shopping together is a great way to do this as well. What are they looking at? What did they try on? These are insights gathered 1st-hand. Also this is a great opportunity to engage and collect some 0-party data, but make sure you are genuine in your approach
2nd-Party
I’ve had many friends successfully buy a ring by simply asking the BFF. This only works however if the friend has their own 1st hand knowledge. A lot of trust is put in that friend to give the right answer. Often this is best used alongside your own 1st-hand knowledge.
3rd-Party
There are many ways to go about this. You could research it on the web, go to a store and ask ‘what’s hot’. Either way the insights you get will be generic. Similar to 2nd-party data, this should be appended alongside other, better, data to ensure you have an accurate picture.
L
LArijanigroup
Collecting customer data isn’t easy. There are best practices to follow, and traps to avoid.
Reach out and let’s get a conversation started.
Email
collin@larijanigroup.com