Unlocking the Power of CRM Data: Real-Time vs. Batch Processing

on 19 January 2024

Unlocking the Power of CRM Data: Real-Time vs. Batch Processing

on 19 January 2024

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Understanding the Differences Between Real-Time and Batch CRM Data Processing for Effective Marketing As a technology-savvy business professional, you know how important customer data is for successful marketing campaigns. But did you know that the way this data is processed can significantly impact your work? In the world of CRM systems, companies can choose between real-time or batch processing, and it's crucial to understand the differences and how to leverage each approach effectively. Real-time CRM data processing means that customer data is collected and used in real-time. This is ideal for swift responses to customer behavior, such as abandoned shopping carts or personalized website content. It's also beneficial for online customer care teams. To make the most of this approach, you need a continuous stream of behavior data from digital properties like websites, apps, and email communication. It's also essential to have relevant content that aligns with the latest customer behavior to avoid using stale information. On the other hand, batch-based CRM data processing collects data over a period of time and unifies it under customer profiles. This approach allows for a more comprehensive understanding of customers, including both recent behavior and self-reported attributes such as name, address, and preferences. This is especially useful for B2B companies with long buying cycles and complex sales processes. Depending on your martech stack and data operations practices, you may even be able to use historical data for CRM activities. But the key to effective marketing lies in combining these two approaches. Many companies use a mix of real-time and batch processing to prioritize recent behavior for tasks like online customer support, while also utilizing a more detailed view of the customer for other CRM activities. To make this work, it's crucial to have a clear understanding of how customer data is collected and used in your CRM system. If you're unsure about your company's data collection and processing methods, reach out to your technical or data teams for a better understanding. Once you have a grasp on this, the next step is to determine how each type of customer data fits into your CRM and customer activation strategy. This could include using self-reported data like names and interests for some channels and past behavior for others. In the ever-evolving world of CRM systems, businesses are also leveraging AI to automate marketing tasks. This can include real-time data analysis for personalized messaging and batch data processing for a more comprehensive understanding of customers. To stay on top of these advancements, subscribe to MarTech for daily updates and tips on how to make the most of your CRM data. In summary, real-time and batch-based CRM data processing each have their benefits and can be used effectively in marketing campaigns. By understanding these differences and combining them in your CRM approach, you can unlock the full potential of your customer data and improve your marketing efforts. Stay informed and stay ahead with MarTech.

Originally reported by Martech: https://martech.org/real-time-vs-batch-based-crm-data-processing-key-considerations/
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by AI Generated on 13 July 2023

Unlocking the Power of CRM Data: Real-Time vs. Batch Processing