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The High Price of Poor Address Data: Solutions for Better Business Outcomes
- Poor address data can lead to missed deliveries, incorrect customer information, and wasted resources – negatively impacting overall customer satisfaction, operational efficiency, and profitability.
- Correcting bad addresses is just the beginning – you need to then connect those clean addresses to other valuable data points to unlock real value.
- Leverage solutions for address verification, geocoding, address autocomplete, and address data to improve address data quality strategies.
- Address data is complex, with addresses varying globally in structure and components, recorded in different languages, formats, and scripts.
- Poor-quality data can have far-reaching effects on your business operations.
- Three of the top challenges of poor address data: operational errors, customer dissatisfaction, and increased return rates.
- Address verification, geocoding, address autocomplete, and address data are four key approaches that can ensure maintaining accurate and up-to-date address records.
- Data enrichment allows you to append additional data points to addresses, resulting in a 360-degree view of your customers, properties, and trends.
- To transform your address data into a source of insight and strategic value for your business, correct poor addresses, connect them to valuable data points, and use a unique identifier like PreciselyID.
- Address data managed and enriched properly becomes an invaluable asset that drives smarter decisions and better customer experiences, reducing operational costs, and opening new doors for growth and innovation.
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