Forget Big Data It’s the Little Data That Drives Revenue Ronda Hughes Sr. Director of Marketing...

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Forget Big Data It’s the Little Data That Drives Revenue Ronda Hughes Sr. Director of Marketing and Audience Data UMB Life Science Pharma Science

Transcript of Forget Big Data It’s the Little Data That Drives Revenue Ronda Hughes Sr. Director of Marketing...

Page 1: Forget Big Data It’s the Little Data That Drives Revenue Ronda Hughes Sr. Director of Marketing and Audience Data UMB Life Science Pharma Science.

Forget Big DataIt’s the Little Data That Drives Revenue

Ronda HughesSr. Director of Marketing and Audience Data

UMB Life Science Pharma Science

Page 2: Forget Big Data It’s the Little Data That Drives Revenue Ronda Hughes Sr. Director of Marketing and Audience Data UMB Life Science Pharma Science.

Let’s Talk Size

• Does the Size of Data Matter?

NO!!• It’s more about relevant data

Page 3: Forget Big Data It’s the Little Data That Drives Revenue Ronda Hughes Sr. Director of Marketing and Audience Data UMB Life Science Pharma Science.

Use Data to Grow Revenue

5 Easy Steps

•Identify, Inventory, Map

•Integrate ALL data

•Analyze

•Prioritize Outcomes

•Performance/Engagement

Page 4: Forget Big Data It’s the Little Data That Drives Revenue Ronda Hughes Sr. Director of Marketing and Audience Data UMB Life Science Pharma Science.

Identify, Inventory, Map

• Identify ALL your data sources

•Take inventory of all your data

•M.A.P.• Miserable

• Asinine

• Painful (don’t worry it’s short term and worth it)

Page 5: Forget Big Data It’s the Little Data That Drives Revenue Ronda Hughes Sr. Director of Marketing and Audience Data UMB Life Science Pharma Science.

Integrate ALL Data

•Expertise and Resources

•Find an Influential Advocate

•How to Find the Perfect Partner

•M.A.P. Work Pays Off

•Create Realistic Phases/Objectives

Page 6: Forget Big Data It’s the Little Data That Drives Revenue Ronda Hughes Sr. Director of Marketing and Audience Data UMB Life Science Pharma Science.

Analyze, Analyze, Analyze

•Real Integrated Segmentation Results WILL Surprise You! • Discovering Missing Data

• Surprising Crossovers

• Valuable Nuggets

• The TRUTH….Good, Bad, or Ugly

Page 7: Forget Big Data It’s the Little Data That Drives Revenue Ronda Hughes Sr. Director of Marketing and Audience Data UMB Life Science Pharma Science.

Prioritize Outcomes

•Having it ALL Will Take Time and Money! Ask 3 Questions:• What are the immediate benefits?

• What data enhancements are crucial to the business?

• What are the non-crucial but revenue growing enhancements? Then phase in.

Page 8: Forget Big Data It’s the Little Data That Drives Revenue Ronda Hughes Sr. Director of Marketing and Audience Data UMB Life Science Pharma Science.

Performance/Engagement

**IMPORTANT**

•Know Your Metrics

•Knowledge Base• Database PLUS Deployment Data

•Increase Engagement• Use Behavioral and Contextual Data

Page 9: Forget Big Data It’s the Little Data That Drives Revenue Ronda Hughes Sr. Director of Marketing and Audience Data UMB Life Science Pharma Science.

New Products and Ideas

• Content Marketing Products

• Editorial Ideas

• Lead Nurturing Programs

Page 10: Forget Big Data It’s the Little Data That Drives Revenue Ronda Hughes Sr. Director of Marketing and Audience Data UMB Life Science Pharma Science.

Now Make Some $$$

• When using data big or small remember the Rule of Four!

• Fresh

• Organized

• Unique

• Respect

• Then increase your internal marketing results and sell, sell, sell!

Page 11: Forget Big Data It’s the Little Data That Drives Revenue Ronda Hughes Sr. Director of Marketing and Audience Data UMB Life Science Pharma Science.

THE END

PLEASE ASK QUESTIONS!!