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Writer's pictureMukund Mohan

Data Buffet vs Data A-la-carte

Key Takeaways

  • Many companies struggle with "data buffet" approach, collecting excessive data that's costly and inefficient to manage

  • iCustomer offers a "data à la carte" solution with immutable IDs, allowing targeted data enrichment and cost-effective decision intelligence

  • B2B companies often don't need all available data; focusing on relevant fields can significantly reduce costs and improve efficiency

  • Time-series data and nuanced attribution models are crucial for understanding complex customer journeys but challenging to implement in standard CRM systems



Topics

Current Data Management Challenges

  • Multiple businesses plugged into single HubSpot instance, causing data overload

  • Diverse data sources: websites, CTAs, Google Tag Manager tags

  • Data enrichment needs: company info, demographics, technographics

  • Clickstream data adds complexity to already crowded data landscape

  • Overwriting of important historical data in CRM fields

Data Enrichment and Attribution

  • Instant enrichment crucial for speed-to-lead (e.g., Clearbit API)

  • Attribution models often oversimplified (first/last touch)

  • Need for more nuanced, time-series based attribution to reflect complex customer journeys

  • Challenge: B2B sales cycles often require 2-3 opportunities before closing

iCustomer's Solution: Data À La Carte

  • Aggregates data from multiple vendors + proprietary scraping

  • Uses immutable IDs for consistent person/company tracking across platforms

  • Allows customers to create templates with only relevant fields

  • Auto-maps selected fields to CRM or data warehouse

  • Customizable refresh frequency

  • Significantly reduces data storage costs (e.g., $80k/year for 23 fields vs. millions of records)

When to Choose Buffet vs. À La Carte

  • Buffet (full data sets) better for companies in the data business

  • À la carte (iCustomer's approach) ideal for most B2B companies focused on specific use cases

  • À la carte reduces costs, improves insights, and simplifies decision-making processes


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