If you were to make a list of the things people love to do, data cleanup would usually rank pretty low on the list. (Except for us here at Service Objects. We rather enjoy data cleanup. But then again, we’ve always been a little different.) This naturally leads to another question: should you clean up your contact data BEFORE you put it into Marketo, or LATER, before you actually use it in a campaign?
We have a three-part answer to this question: yes, yes, and automate the process.
Here’s why: there are irreplaceable benefits to each process. And when you properly automate it with the right tools, the process becomes frictionless and institutionalizes the ROI of these benefits. Let’s explore this in more detail.
Validating contact data such as names, email, physical addresses and phone numbers BEFORE loading them into Marketo has several advantages:
Saving money. Your Marketo pricing tier is depending on the number of leads in your database. By cleaning this data on the front end, you can often delay or perhaps even avoid entirely the problem of moving to a higher tier and paying more for non-viable leads. And within your tier, fewer bad leads translates directly to less human intervention throughout the marketing cycle and more accurate analytics.
Garbage in, garbage out. Putting dirty data into your marketing database skews whatever metrics or analyses you might do beyond marketing campaigns, including the all-important conversion rate. And catching bad contact information in real-time lets you message the user at time of entry so they can correct it, preserving valuable leads and preventing possible customer service issues.
Detecting bogus names and fraudulent leads. What good is a database full of Donald Ducks and Ninja Turtles, who faked you out to get a free report? Tools such as name validation can programmatically catch and keep fraudulent contact information out of your lead database in the first place.
Lead preservation. Conversely, your bad contact data can be a hidden source of leads and revenue – if you use automated tools to correct bad addresses or append missing information such as contact phone numbers.
Finally, there is the broader question of lead quality. Marketo’s own lead scoring – based on tracking activities, behavior and demographics – is important but may not provide front-end protection from fraudulent or bad data. Contact-level lead validation adds a quantitative value for lead quality, based on over 200 criteria, that lets you decide to fast-track a lead, put them in your drip campaign to see how they respond, or even discard the lead.
Now, let’s look at the other side of the coin. Validating lead data LATER at regular intervals, particularly at the time you use it, has several advantages as well.
Coping with change. Over 70% of contact data will go bad in the course of just a year. Lead validation tools can check your existing leads and then correct, update, or remove them based on the results. This saves you money by only keeping and paying for viable leads, allowing you to better identify sources of high and low quality leads and providing more accurate reporting.
Taking care of your customers. By triggering emails or other contacts to customers who appear to have changed their addresses, using tools such as our national change-of-address (NCOA Live) capabilities, you provide better service and pro-actively avoid future service or delivery failures.
Making your IT department happy. Lead and contact validation tools from Service Objects are easily automated within Marketo using our Webhooks which can be found on Marketo’s LaunchPoint marketplace. In addition, we offer convenient offline batch processing for contact data files without a technical interface.
Of course, automated contact and lead validation are not the only forms of data cleanup that can help – this blog by Perkuto’s John Hill touches on other useful areas such as screening out competitors, inactive leads and people with unresponsive email addresses. With a clear process in place – and the right automation partner – it can be easy and inexpensive to optimize the value of your Marketo database at EVERY contact touch point.