Companies under-use data says survey

US — Nearly half of marketers say data is under-utilised in their organisation according to a survey from Teradata.

In its Data-Driven Marketing Survey 2013, Teradata said that despite companies claiming they were leveraging their data to drive marketing on a more systemic basis, nearly 50% of marketers said firms were failing to utilise data with only 10% saying they currently used data in a systemic way.

The survey also found that only 18% of marketers said they had a single integrated view of customer actions despite it being a top priority for future improvement.

Teradata also said that 75% of marketers encountered problems trying to calculate their return on marketing investment while 42% agreed that integrating the cross-channel experience was a top priority.

Teradata Applications’ president Darryl McDonald said: “Marketers are most effective in generating revenue when they are able to put all their data to work to deliver the most relevant offers to consumers.”

We hope you enjoyed this article.
Research Live is published by MRS.

The Market Research Society (MRS) exists to promote and protect the research sector, showcasing how research delivers impact for businesses and government.

Members of MRS enjoy many benefits including tailoured policy guidance, discounts on training and conferences, and access to member-only content.

For example, there's an archive of winning case studies from over a decade of MRS Awards.

Find out more about the benefits of joining MRS here.

0 Comments


Display name

Email

Join the discussion

Newsletter
Stay connected with the latest insights and trends...
Sign Up
Latest From MRS

Our latest training courses

Our new 2025 training programme is now launched as part of the development offered within the MRS Global Insight Academy

See all training

Specialist conferences

Our one-day conferences cover topics including CX and UX, Semiotics, B2B, Finance, AI and Leaders' Forums.

See all conferences

MRS reports on AI

MRS has published a three-part series on how generative AI is impacting the research sector, including synthetic respondents and challenges to adoption.

See the reports

Progress faster...
with MRS 
membership

Mentoring

CPD/recognition

Webinars

Codeline

Discounts