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This is my space broadly speaking and personally I think the treatment in the article is unnecessarily idealised and elaborate. People will buy data when it ha
by usgroup 7y ago
This is my space broadly speaking and personally I think the treatment in the article is unnecessarily idealised and elaborate.
People will buy data when it has a clear use which means most people don’t sell just data, they sell “leads” or “clicks” or “followers”: something actionable.
I think this is unlikely to change because having an internal data team producing leads typically doesn’t make sense as a core focus.
There are a relatively small number of companies which do sell data and a slightly bigger number of companies that actually buy data. In the UK it’s easy to quantify because they all end up buying some of exactly the same thing.
- AznHisoka 7y ago"buying some of exactly the same thing." What exactly is this thing? You are right though. People don't buy data, just like they don't buy a SaaS product. They buy something if it solves a direct need, saves them money, or helps them generate more revenue. And like all things, it does need to have a clear, understandable story and value proposition.