Marketing Data collection

In the era of marketing, advertising and consumption, it does not matter so much to get data collected about us. The heart of the matter for the companies is what they could do with those data, how they could increase their sales and forecast future.

Data mining is a method became very popular in 1990s, which aims to reach optimum efficiency in planning and organization thru collecting data from gigantic databases and determining specific trends, allowing to forecast future. Having used artificial intelligence, this method is based on analyzing “significant” data and trends by computers, which takes many years for an ordinary man to collect those data. In the beginning such significant data seem “irrelevant”, but following computer analysis, it could appear as “relevant” by comparing two parameters. For example, according a survey run in a supermarket chain, families buying nappies tend to buy beer as well. So, a promotion campaign is held with the concept of “Party Time for the Families with Kids”.

Why is it so important to connect medicine and insurance, public and private sector, automobile demand graphics with avocado and banana curves? Before answering this question, it would be better to check how such a thing could be possible.

The key concept of data mining is to purge specific data series by sorting and comparing among gigantic databases. Despite “Merge and Purge” and “Database Enrichment” methods remained out of fashion as compared to “data mining”, data could be really transformed into valuable information and atomized easily.

It is not easy to set up such huge databases. Many legal and illegal companies and people appeared to collect databases, especially e-mails currently. Metro mail is one of the largest companies collecting mail addresses, currently collecting and selling e-mails, established in 1948, hiring 3000 people with a sales turnover of over USD 281 million. It “hunts” data researching from different resources ranging from state records to surveys, which also include income, house holding, marital status, age groups and even the team supported. So Metro mail is the no 1 company as required specific name-address info. On the other hand, it has a gigantic database continuously developing with data about almost every house in the USA . In addition to such legal companies, there are also pirate ones producing data for pirate CDs.

Cookies innocently embedded in our computers, security cameras tracing us on the streets, retina scanners at airports, mobile phone call centers recording what we said for us, machines recording what we wrote and tools registering our actions…It is a world that do not care about us, but our data.

There is a new possible future ahead in case there is not a social consciousness formed to pass the overseas laws protecting invidual privacy. That future is “profitable” for companies, “secure” for states but “nightmarish” for us, ordinary people.

Data Research and development Services

Research conducted by IQR collects and updates primary & secondary information via phone, email and the internet. Complemented by aggregation and normalization across other content, circulation and third-party databases, IQR builds a comprehensive reference platform for researching identified verticals.

For thousands of years, people have conducted market research. I don’t mean with fancy focus groups or complicated conjoint analysis, but just by asking questions and listening to the answers. Using this art of listening is so crucial to the success of your company’s marketing, that to deny it is to invite failure. Follow along as I show you how to use marketing research to funnel knowledge into your marketing programs.

For years market research companies have assembled groups of participants into survey pools or survey panels, groups of people willing to provide an opinion on a range of subjects. Often incentives of nominal value were offered as a 'thank you' for the participant's time; however the explosion of 'paid for taking surveys' websites has spawned a new profession - the professional survey participant (PSP).

For companies that are relying on market research generated by panels of PSP's the question they must ask is how flawed is the data that they are relying on? Does the average PSP represent a cross section of society or a niche? What social group do they really belong to and is it smart for a company to base research on groups of people that are willing to comment part time, and sometimes, full time, on anything and everything?

Apart from research purposes, data logging is also used in large scale domestic as well as generic data recording and analysis purposes, such as weather broadcasting, studying seismic activity, wireless and PC data recording, Supervisory Control & Data Acquisition (SCDA), manufacturing, power, water treatment, production purposes etc. Data recording is indeed one of the major aspects of quality and quantity control, which determines the ultimate success in a research or a production or manufacturing process.

DAQ systems are equipped with a host of electronic devices that help in recording data, storing them and analyzing the stored data over a period of time. The first step in data logging is recording the signals itself, which is done using transducers or electrodes, which are extremely sensitive to change in environment. These signals are then converted to a digital form, which can then be stored on a computer, and can be retrieved during the analysis phase.