Multi-Channel

Multi-Channel Data Quality

Henrik Gabs Liliendahl4 Comments

When I hear terms as multi-channel marketing, multi-channel retailing, multi-channel publishing and other multi-channel things I can’t resist thinking that there also must be a term called multi-channel data quality.

Indeed we are getting more and more channels where we do business. It stretches from the good old brick and mortar offline shop over eCommerce and the latest online touch points as mobile devices and social media.

Our data quality is challenged by how the way of the world changes. Customer master data is coming from these disparate channels with various purposes and in divergent formats. Product master data is exposed through these channels in different ways.     

We have to balance our business processes between having a unique single customer view and a unified product information basis and the diverse business needs within each channel.  

Some customer data may be complete and timely in one channel but deficient and out of date in another channel. Some product data may be useful here but inaccurate there.

I think the multi-channel things makes yet a business case for multi-domain (or multi-entity) master data management. Even if it is hard to predict the return on investment for the related data quality and master data management initiatives I think it is easy to foresee the consequences of doing nothing.

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Matchback and Master Data Management

Henrik Gabs LiliendahlLeave a comment

The term matchback is used by marketers for the process of determining which marketing activity that triggered a given purchase. In these times where multichannel marketing and sale is embraced by more and more companies, doing matchback is becoming more and more complicated.

The core functionality in matchback is the good old data matching, like: Does the name and address in a catalogue sending match (with a certain similarity) the name and address of a new buyer? But you also have to ask questions as: Is this buyer in fact a new buyer or did he buy before – in this channel or in another channel? Was this buyer also included in a concurrent email campaign? If private: Is the new buyer in the same household as an old buyer? If business: Does the new buyer belong to the same company family tree as the old buyer? Was the contact actually a contact at an old business customer?

Answering these questions will be a totally mess if you don’t have a solid party master data management program in place. You need to:

  • Store (or at least reference) all party entities from all channels in one single so called golden copy
  • Identify the same real world entities
  • Build the hierarchies necessary for current and possible future uses of data

Doing matchback is only one of many activities setting the requirements for party master data management program within an enterprise. And by the way: When that is up and running next thing you need is to manage your product master data the same way in order to make further analysis’s – and probably you also need to have a better structure and data quality with your location master data.

I keep my notes about Master Data Management here.

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