Do you Database? Do it Right!
Database marketing is precision. Plain and simple.
“The foundations of virtually all the capabilities that
differentiate direct response marketing
from mass media marketing reside in the marketing database.”
– Page 101 Internet
Marketing – Integrating Offline and Online strategies
Effective use of your customer database allows for more
precise market segmentation, and accurate prediction of customer and prospect behavior.
“I have a very
comprehensive database with more demographic and lifestyle data on my customers
than I will ever need!”
Here's the thing, as marketers, we need to take a holistic approach to our decision
making process. The information we use to make decisions must follow suit. Thus, the
database we need is not JUST demographic and lifestyle data about our
customers.
We need EVERYTHING.
This database MUST combine several individual databases into one,
functional data warehouse that depicts
a total landscape of your business. If not, you are missing a large part of the
picture:
Take, for example, Mohawk College.
Mohawk College is a large organization with many departments that use separate databases and, in some cases, even utilize
different software packages.
Just to name a few...
College Staff:
Administration, Support Staff and Faculty
Students:
Current Students, Co-op Students, Gradute Students, Mohawk Students Association, Banner, Co-op/Job Centre, Program Specific, Disability Services, Continuing Education, Locker systems.
Alumni:
Alumni Association database, Graduate Employment Rates
Marketing and Recruitment Prospects:
High Schools, Guidance Counselors, Community Centres, Continuing education Prospects, Full Time, Post Graduate ProspectsOther Business Areas:
Program enrollment trends, Residence information and Trends, Meal sales (meal plans etc), Book Sales
External Data Sources
Census data
per geographic regionHighschool graduate data
....and this is not even close to the whole picture.
Think about all of the information contained in these
databases. Think of how cumbersome the decision making process would be if we
couldn’t make them work together.
How would Mohawk make decisions regarding additional
residence space without comparing geographical demographics? How would Mohawk
make program and course ordering decisions without cross referencing enrollment?
Obviously, making all these databases talk to one another is
a technical challenge. And as marketers, we are not generally responsible for
creating the database, but it is our job to decide what information is valuable for
the decision making process, and drive its creation, based on that information.
How do you think Mohawk is doing? Do you think we can do better?