What are the Benefits of a Customer Data Platform? (2024)

A snapshot of CDP benefits

Customer data platforms (CDPs), are marketer-managed systems that create a persistent, unified customer database, complementing existing software and marketing efforts while enabling an organization to build better customer relationships. CDPs have both champions and challengers; read on to learn more about the benefits of a customer data platform.

Benefits of a customer data platform

A CDP system ingests, consolidates and normalizes customer data from multiple online and offline sources. The data is centralized for analytics, campaigns, and other business needs.

USABILITY
CDPs organize data for immediate use with minimal effort to set up the CDP. Unlike a traditional data warehouse, set-up and maintenance doesn’t require technical expertise.

3RD PARTY DATA ACCESS
Third party martech and campaign delivery software can easily access data stored in a CDP.

ONE CUSTOMER VIEW
A CDP visualizes collected data through individual user profiles, creating a 360-degree customer view by tapping into a single, central data repository.

CUSTOM ANALYSIS
CDPs enable users to gain insights from real‑time data, identify high‑value segments, boost machine learning with high‑quality data, and predict a customer’s future steps.

UNIFIES CUSTOMER DATA
Using a customer data platform eliminates inconsistent data pulled from multiple online and offline sources and creates a reliable, unified single customer view.

DATA DEMOCRATIZATION
A CDP democratizes customer data access, eliminates IT bottlenecks, and provides data access for superior marketing, customer service, and business intelligence.

What are the Benefits of a Customer Data Platform? (1)

Customer Perception

How customers perceive interactions with a company influences the optimal customer experience.

What are the Benefits of a Customer Data Platform? (2)

Customer Retention

Reach all customers, in real-time, with customer-centric messages tailored to each user.

CDP benefits

ELIMINATES DATA SILOS
Data silos are bad for business. A CDP can help an organization eliminate silos by unifying customer data and giving access to every employee who needs it.

CONCISE CUSTOMER PROFILES
Accurate, timely customer data is a must for managing customer relationships. CDPs create customer profiles that help inform customer behavioral analysis and construct identity graphs.

DIRECT DATA COLLECTION
Divergent data isn’t helpful. CDPs use pixels and tracking tools as the primary means of first-party data collection, so a CDP holds the most accurate customer information.

UNIFIED CROSS-CHANNEL MARKETING
An enterprise has a variety of campaigns at any given time. A CDP can unify the marketing efforts across multiple channels with consolidated, accurate data.

The Only Enterprise-Class CDP

Vantage CX is the only enterprise-class CDP that delivers a full view of customer data, turning data into customer insights and insights into actions.

See all the benefits of CDPs with Vantage CX

What are the Benefits of a Customer Data Platform? (2024)
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