5 Reasons to Outsource Data Mining Services

reason to outsource

Let’s face the truth; our world is made up of raw data. Data mining services is the need of the hour for every small to large business alike. The demand for data mining services is increasing exponentially. Data mining services is an essential tool for every business because it helps with the extraction of useful or relevant data out of an infinite set of raw data.

Proper maintenance of data leads to the growth of any business and facilitates the decision-making process. Thus, data is the backbone of any business irrespective of the domain and size.

Still Shooting Blind Arrows for Lead Generation?

Gone are the times where marketing teams shot blind arrows to generate leads. The world now is driven by quality data, which is relevant and appropriately mined by extracting patterns and relevancy. The world now has moved to an age of personalization. Marketing strategies are evolving every day with the help of data mining. Not just that, revenue estimation, company’s growth graph, competitor’s growth analysis, everything is determined with the help of data mining.

However, usually, the responsibility of useful mining data falls under the lap of the company’s marketing team, which is more than often not well-equipped neither trained. Thus, it leads to a haphazard between sales and marketing teams and also leads to their misalignment. Sales team fail to generate revenue out of inferior quality leads, and the entire marketing strategy goes for a toss.

The repercussions of a failed marketing strategy lower the morale of not just sales and marketing teams but the entire organization. The company also has to recuperate from a financial loss caused by a failed marketing strategy. Thus data mining services goes a long way in minimizing such losses. Also, it is highly prevalent and also profoundly wise to outsource this centripetal task to companies which specialize in data mining services. Data mining is a broad concept which can be sub-divided into services like CRM cleaning, email appending, Data scrubbing, Web mining, skip tracing and others. At BizProspex we offer all these services at a competitive price.

5 Major Reasons to Outsource Data Mining Services:

reason to outsource data mining services

Let’s admit it. Specialized third party does a better job!

Data is the most tangible asset of any company. Therefore appointing a third party who is professionally trained and well equipped does a better job at mining data. Sales or marketing team is often not trained or equipped at mining relevant data. Thus, it is beneficial to appoint third party companies for data mining-related services. Better the quality of leads better will be the lead conversion. Third-party companies always understand the stakes of providing quality data because of their profit and growth. Thus, it is only natural that they do a better job at useful mining data out of unstructured raw data. Also, such companies specialize in providing data mining services and are bound to do a better job than your sales or marketing teams. They have a hands-on experience and are equipped with all the latest tools which are required to mine data.

Increase in Productivity:

When you outsource a crucial task like data mining to a third party, it gives your sales and marketing teams a lot of freedom and space. Now they can design and innovate a marketing strategy which is highly optimized and bear phenomenal results. Thus this increases the overall productivity of the company. The sales and marketing teams can do what they are better best at, while the third party company that specializes in data do their best too. It’s a win-win for both the parties and also increases the productivity of the company.

We all know companies like Amazon, FedEx are performing data analytics for decades now and have set their benchmarks strappingly. When it boils down to B2B marketing outsourcing data analytics can give a much-needed boost to the company.

Cost Reduction:

This is provided; outsourcing data mining services to third party companies save a lot of money in the long run. When you deploy a marketing strategy on quality leads, this increases the ROI significantly. Especially for small-scale businesses employing and finding a quality data scientist can be a cumbersome task, and what if one employee isn’t sufficient? Also, consider the additional charges such as taxes and perks are needed to lure a quality data scientist.

Thus, it is logical and cost-saving to outsource this task to a third-party company like BizProspex, which specializes in services like CRM cleaning, data mining, data appending, Web scraping and others.

Process Management:

As said earlier, data being the most tangible asset of any business requires a lot of diligence and maintenance. Quality data is beneficial for any organization, whereas stale data can be hazardous. Therefore, data requires a lot of security and process management. Maintaining and formulating data is not a onetime thing; it is a continuous process. Thus it is more comfortable and always better to outsource this mammoth task to third party companies like BizProspex.

Third-party companies maintain the security and integrity of your data. It thrives on ensuring that the data adheres the given timelines and is relevant. Thus, it is easier to maintain data with the help of third-party companies.

Scalability:

Let’s assume, you land up on few substantial projects and require immediate data assistance. In such a scenario, it is straightforward to outsource this task to a third party company who can quickly come up with the desired results. Thus, involving a third party allows you to scale-up your business very rapidly and in no time. Hence, outsourcing your data analytics job to a third company is, in all ways, a profitable deal. Appointing full-time data scientists can be cumbersome while selecting a freelance third party is far more manageable.

How can we help?

We at BizProspex provide the following services at very competitive pricing:

  1. CRM cleaning: We perform CRM cleaning by taking over your existing data and fixating it by taking admin rights to your CRM software. Enjoy hassle-free CRM data cleaning with us. We refresh the data on your CRM so that it shines like new.
  2. Data Mining: If you are looking for fresh and high quality leads for your business, BizProspex can do the trick. We offer data mining services where we provide highly accurate and thoroughly checked leads to our clients.
  3. Data Appending: We also perform data appending, by adding relevant information to your existing data and removing the stale data. We also look for missing entries and inconsistencies and make sure what we deliver is complete data free of any incumbencies.
  4. Data Scrubbing: Data Scrubbing is the process of removing stale data and refurbishes it. We at BizProspex provide data scrubbing services at a very compelling price.
  5. Web Scrapping: We also dig up websites on World Wide Web and scrap out information which can be very useful. Web scraping can help you devise a marketing strategy by giving you an idea of your competitors. You can check your growth and analyze and make informed decisions with the help of Web scraping.

 

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