oboloo

oboloo Glossary

Data Profiling Steps

oboloo Glossary

Data Profiling Steps

Data Profiling Steps

Data Profiling Steps are the steps that help businesses to understand relevant data about their customers and potential markets. This information can include demographic, psychographic and behavioral characteristics. Through careful data profiling, businesses can better target their customers and develop strategies for successful product launches or campaigns.

The process of Data Profiling consists of three main stages: collection, analysis and interpretation. At the collection stage, relevant data is gathered from sources such as surveys, focus groups and customer records. The next step is the analysis of this data, where trends, correlations and patterns are identified in order to gain further insight into the customer’s preferences and behaviour. Finally, the third stage of interpretation reveals the actionable insights needed to make strategic decisions.
Data Profiling is an integral tool for any business looking to get a better understanding of their customers and stay ahead in the ever-evolving world of marketing.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971