The vast majority (92%) of companies face challenges when collecting customer email addresses, while 33% of respondents said they don’t know how faulty their email databases are.
They believe that at least 20% of their email database could be invalid or inaccurate.
The ability to focus on email database maintenance is dependent on company size and access to resources, with 40% of respondents in businesses with fewer than 25 employees stated that they do not maintain their email databases at all.
A severe consequence of incorrect data is issues with email deliverability.
A majority (73%) of companies have experienced email deliverability issues in the past year, including spam trap hits and inbox bounce backs.
Consequences of poor email deliverability include issues with communicating with subscribers (41%), poor customer service (24%), regulatory hurdles (22%), unnecessary costs (22%), customer complaints (20%), sender reputation problems (19%), and black listing (10%).
Some 15% of respondents said that a lack of data management and email deliverability issues resulted in loss revenue for their company.
When it comes to the retail industry, only 48% of companies are equipped to integrate and analyze data in a timely fashion, according to a recent study by Yes Lifecycle and Retail TouchPoints.
17% of retailers surveyed plan to make data integration and analysis a priority in the next 6-12 months, and 15% plan to acquire and aggregate more data about customers in the next 12-18 months.
When it comes to the types of customer data retailers already have on file, only 83% have the full name of their customers, followed by their phone number (76%), purchase history (69%), address (67%), and email (57%).
Only 18% of retailers have access to shopping preferences and other information such as birthdays, size or preferred color, and only one in ten (13%) have access to a customer’s browsing history (13%).