Thursday, February 16, 2012

Right Data --> Right Target --> Better Business Growth!!


Building database is quite costly these days. But then we have better ways to fetch required data for free, provided, your a good googler. It is hard to define the range for database for a specified task. The important step in building a database is understanding the need and future result.
  • For what we need data?
  • What range of data is fine to fine tune the desired task?
  • What are the attributes to consider while building and maintaining data/database, etc,.
Internet made world as a global village, and possible we can get the things we need right at our eye sight. Sources may differ, but not the result.

Mostly the activity start from scratch, And it should not expects a fruit after immediate plantation. The process stats with finding the suitable sites to fetch the suitable information. It would require expertise, business understanding, and ambitiousness in building effective database. For instance, if your a electrical manufacturer, you would require a data of good established dealers/resellers. For deal conversion, you would require the basic contact details. Based on the need, you would increase the attributes, in order to fine tune your process. Since it is open source, the chances of wrong/duplicate data is quite high. It would require a professional verification.

By having a keen idea on data utilization (fetched data from sources in relevance with business), one can opt better results in terms of business growth and better profitability.

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