DMTI Spatial


Wednesday, December 11, 2013

The Importance of Demographics

DMTI has just announced a partnership with Environics Analytics, premier marketing services and data analytics company in Canada, to provide their leading demographic content within Location Hub® and Location Hub Portal.

The importance of demographics cannot be understated or ignored. Often, this information is most valuable to a marketer in the development of messaging and collateral that best suits the customer’s tastes and increases their return on investment. However, demographic information also provides data important to segmentation and analysis in defining trade areas, site selection and risk analysis.

Combining demographic information with other data such as business listing information (such as SIC codes, NAICS codes, contact information, sales volumes and mailing address) and consumer details (name & phone number of the resident) allows a user to access a growing ecosystem of content. When this ecosystem of content is leveraged using the precise location information natively provided by DMTI, any business is provided a single, complete view of the customer that can be utilized across their entire organization.
Take risk analysis as an example. Every organization will have an acceptable threshold for risk and this can be calculated using factors pertinent to their business. When assessing the risk in your book of business, factors such as the probability to default, the concentration of customers in the same area and the proximity to a peril or previous natural disaster in the region (such as a flood or fire) can all be taken into account. Relating these factors to one another using demographic, business and personal information, a more accurate exposure model can now be developed.

Location, demographics and personal information are continually proving invaluable to increasing response rates to marketing campaigns, but don’t let marketers reap all the rewards. DMTI Spatial can work with you to ensure that your organization can make use of all the rich content available in the ecosystem provided at the address level to gain unprecedented insights. 





Take a look at the content for yourself within Location Hub Portal. All the information is provided in an easy to use UI that allows for the content you need to be searched, selected and appended to your file. Derive insights to increase campaign effectiveness, create more accurate risk or exposure models or gain more information on your current customer base to influence future strategy.

Precise location and an ecosystem of content. Let DMTI Spatial work with you to let you uncover possibilities just a few days ago seemed unthinkable.



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