Business Studies, asked by Kanishque4092, 1 year ago

In what way can free, publicly available sources of structured data be used to aid your organization's (or an organization of your interest) marketing efforts?

Answers

Answered by santy2
9
The Sources of structured data are like the  census bureau, google trends and other compilers of data characterizing a wealth trove information and understanding for business that is free for the take in

This information can be used to attract stakeholders and guide day to day operation of the business or the organization.

When we use google trend we are able to show clients how searches have been trending in the field, and this will allow to set expectation better and establish a more open and honest dialogue of the organization service and predictable results.

Having this type of data also helps us build a better relationship with the buyers from the very launch, and this will make the customers have a better understanding of the business hence they will make a better and healthier choice.

Having the structured data offer a clarity of insight and brings the protective power of transparency to all that the organization undergoes, eventually both the customer and the organization see the same data and agrees on the foundation  and this create a better and long lasting relationship among them.


Answered by myrakincsem
4
Google trends, census bureau and websites that provide useful information about latest surveys are quite useful for businesses.
As they provide an insight to the company that is free of cost. 
Moreover, they act as a guide for the investors who are willing to invest in the shares for a certain organisation.
They also help drive the day the day business/ actions/ decisions made by the firm. 
Trends data especially from websites like Google trends help build a better relationship with the customers. 
It allows ease for the customers too as they can closely research and estimate the close alternative businesses this will help them make the right decision. 
Clear understanding of such structured data allows the businesses to b much more transparent in their dealing. 
Thus the structured data is not only useful for the business it self but also provides tons of helpful information to the customers as well.
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