Understand customer profiles with open data

datacadabra know your customers profile thanks to open data
Credit: @macrovector – freepik.fr

Characterization data plays a key role in refining marketing strategy. However, this data is not always available, which is where Open Data comes in. 

Build a lasting relationship with a good knowledge of the customer thanks to the customer profile

Knowing the customer profile is a key element to define your marketing and CRM strategy. Indeed, the more finely we know our customers, the more we are able to build a lasting relationship with them. This will allow you to adjust your offers according to the different customers, to personalize your approach and thus to meet the needs and expectations of the individuals concerned.

As a general rule, profiling is based primarily on the brand’s own data. We can thus use customer characterization data (date of birth, place of residence…), data related to his consumption (products consumed or not, frequency of purchase…) or relational data (email opening, visit to the site…).

Role of characterization data

Characterization data has a key role in customer profiling, as it allows to better understand who the customer is, what he consumes and how he interacts with the brand. A good use of this data will allow a brand to better communicate with the customer, to be closer to his interests and therefore to increase the engagement of the latter because it is chosen according to the customer profile. This data will also improve the feeling of belonging to a brand community for the customer.

Customer profile data often incorrectly entered

Nevertheless, many databases are poor in characterization data. There are many reasons for this. In the banking/insurance sector, the level of collection of this type of data is often more important than in other sectors, but with a freshness of information that often depends on the first account opened. Companies that have developed a loyalty program have often collected a greater amount of data… when the customer decides to give it to them. Finally, many pure players, who want to improve their conversion tunnel, have limited the collection of characterization data to a strict minimum.

The richness of Open Data

However, there are solutions to get around these problems of quality and/or missing data. Indeed, beyond the solutions of data enrichment via megabases, open data offers a real opportunity to improve customer knowledge. In France, the systems put in place by the government (INSEE, data.gouv.fr) have made it possible to collect a large amount of data at a fairly fine level of granularity. In particular, the creation of the IRIS concept (Ilôt Regroupé pour l’Information Statistique) at the end of the 1990s made it possible to group data on a geographical level equivalent to the neighborhood. We thus find a large amount of information on different themes: population structure, household composition, distribution by age, level of education, employment, travel, equipment, income level, etc.

The strength of the IRIS is that they have been constituted while respecting administrative and geographic boundaries and ensuring that the types of housing in the neighborhood are homogeneous. As a result, there is a homogeneity of consumer profiles within the same IRIS. 

How does datacadabra support you on the subject? 

In datacadabra, the Describe module allows you to create profiles of your customers using Open Data. Indeed, Géotypo, our segmentation of French neighborhoods, groups all IRIS into 6 families and 23 segments. It allows you to characterize your customers by comparing them to the overall structure of the population. This will allow you to understand the over- and under-representation of your customers’ sociodemographic profiles and therefore to improve your communication. In addition, datacadabra also allows you to compare different groups in your customer file.

Geotypo offers many benefits. Improve your communication, identify the profiles to be recruited in priority, enrich your database… In short, many subjects that will allow you to improve your performance.

Want to know more? Do not hesitate to contact us or to ask for a demo of datacadabra.