As businesses increasingly rely on data to inform their decision-making, it’s more important than ever to have a data-driven approach to information management. But what does that mean, exactly?
In short, it means using data to guide your decisions about what information to collect, how to organize it, and how to use it.
But why is this important? Because without a data-driven approach, you run the risk of making decisions based on faulty and outdated information or even a lack of information. And that can lead to all sorts of problems, from wasted time and money to poor decision-making.
So how can you make sure you’re using a data-driven approach to improve your content? Here are a few tips.
How can you make sure your content is data-driven?
Most business owners know that data is important, but not everyone knows how to use it effectively. In order to make the most of data-driven content, you need to understand how data can be used to inform your decisions about what information to collect and how to present it.
1. Collect Data
When it comes to data, more is usually better. That’s because different data sources or utilizing a variety of KPIs can give you different insights into your content.
For example, if you’re looking at data about how people are consuming your content, you might want to look at data from web analytics, device analytics, and how long they remain on a page.
IBM released a study concluding that 63% of retailers who collect and use data have an industry advantage. According to the study, business requirements are discovered first (as opposed to user specifics). From that, businesses use the data they collect to support new opportunities or improve existing ones.
2. Analyze Your Data
Once you’ve collected the right data, it’s time to start analyzing it. This will help you identify patterns and trends that you can use to improve your content.
For example, if you notice that people are mostly consuming your content on mobile devices, you might want to consider designing your content specifically for mobile.
3. Use Data to Inform Your Decisions
Once you’ve collected and analyzed your data, it’s time to start using it to inform your decisions about your content. For example, if you notice that people are mostly consuming your content on mobile devices, you might want to consider designing your content specifically for mobile.
A study performed by BARC saw businesses that use data for decision making and information management increased profits by 8% and decreased costs by 10%.
What are the benefits of data-driven content management?
When you use data to drive your content decisions, you create a content experience that is more relevant and useful to your target audience. By understanding how data can be used to inform your decisions, you can make sure that your content is well-informed and data-driven.
This can lead to a number of benefits, including:
- Increased Engagement – When your content is data-driven, it is more likely to resonate with your audience. That’s because data-driven content is more relevant and useful to them.
- Improved ROI – By using data to guide your decisions about what content to produce, you can improve your return on investment (ROI). This is because data-driven content is more likely to be engaging and effective.
- Enhanced User Experience – A data-driven approach to information management also leads to a better user experience (UX). This is because data-driven content is easier to navigate and understand.
What are some data-driven content strategies?
There are a number of data-driven content strategies that you can use to improve your content. Here are a few of the most popular:
Targeted Content
When you use data to target your content, you ensure it aligns with the needs of your audience. This is because targeted content is designed specifically for the people who are most likely to engage with it.
Personalized Content
Another data-driven content strategy is to create personalized content. This is content that is tailored to the individual needs of your audience. In contrast to targeted content, personalized content is a more narrow strategy that focuses on your actual audience (customer base), not just your target audience.
Automated Content
Automated content is content that is generated automatically based on data. This can be used to create targeted or personalized content. Automated content is an effective way to scale your data-driven content strategy. For example, you can use automated content to map out your next publications or improve visibility/focus on existing content.
User-Generated Content
User-generated content (UGC) is a type of automated content that relies on data from your users in the sense that users are creating content on your behalf. While often used in marketing, UGC can provide powerful insight into what your customers like about your product which you can then use to improve the product.
What tools and resources do you need to be a data-driven content manager?
There are many tools and resources for obtaining and analyzing data. The most common are found in CMSs (content management systems). But you don’t always have to invest more to read the data that already exists on your site, product, and marketing platforms.
For example, you can use built-in data mechanics from Instagram and Facebook to monitor interaction and success on those platforms. The backend of your website should have its own CMS (like WordPress) to help you visualize clicks, visits, and page views. Your payment gateway also has built-in analytics to let you see who reaches the cart, who pays, and what payment methods they use.
All of this data is useful when managing content because it provides insight into the real actions of your customers.
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