June 16, 2024

Thrive Insider

Exclusive stories of successful entrepreneurs

Why We Need To Use Data Catalog Tools

Why We Need To Use Data Catalog Tools

Why We Need To Use Data Catalog Tools

In every organization, there is a flow of information. Some data are passed inside the office area and others can be between the agency & the outside world. Whatever is the location there needs serious management of that information. Not being able to track the different information that are essentials to operate the company can cause serious loss. If you are a business owner you must have known that tracking the investment fund and profit is crucial. Similarly to operate a thriving business, every data or information should be managed and looked after properly. Without proper data management, it’s impossible to build a long-lasting business. If you are new to entrepreneurship or running a business, try using Data Catalogue tools. It’s one of the best ways to track and get clarity in your day-to-day information. 

How our sales went up with the use of Data Catalogue?

There are various ways a business can profit from data catalog tools. When we started our first business, there was a lot of information we had to record. Data management was one of the main problems in our company. We were new to the business and didn’t know much about software and online tools that can help us instantly. One of our first businesses was dropshipping and now we have multiple stores. In the beginning, we just added some products that were selling well and had some demands on the internet. 

But when we got to know about data catalog tools, our business started to grow tremendously. Our sales increased and our store was selling multiple products to customers.  Here’s an easy example of how we got benefited by managing a data catalog.

See when a customer comes to our site, let’s say he/she wanted to buy a camera. First without the use of catalog tools, our system used to show the client all the camera and non-camera stuff all together as the search result. But after implementing these tools, customers can easily find the required/ desired product. With the management of the data, we have been able to understand the highest number of search products and sold ones. Because of this we often highlight the best selling product to the customers so that they don’t have to spend a lot of time reviewing different products.

Not only have the clients been feeling easy to make the desired purchase, our data system now shows related products that will enhance the experience. Here’s an example, when a client searches for a good camera on their budget; our system also produces products that are brought together with that camera. This can be the memory card or Camera stand. By knowing the need for data management, our company has been able to sell multiple products to the customer. Not only this; because of the managed data of the customer we have been able to recommend new products to them time and often which has lowered our advertisement cost and built loyal buyers.

Data catalog has been one of our favorite tools for running a successful business. If you have a data management problem, we strongly recommend you give it a try.