
What are Customer Database Platforms(CDP) and their features?
One of the fairly upcoming solutions to the challenges is the customer database platform (CDP). In this article we’re going to be discussing this software and what it can do for your business.
https://www.qltech.com.au/hub/automate/what-are-customer-database-platforms-and-features/


In today’s competitive market, customers expectations have reached a whole different level.
Learn What are CDP and their features.
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OutboundEngine, a nationally recognized marketing software as a service (SaaS) company, today announced in-app purchasing, enabling small businesses, entrepreneurs and professionals to purchase a subscription to its all-in-one marketing solution within the mobile app.“In uncertain times, Small Businesses are looking for affordable all-in-one solutions in order to reduce unnecessary spend on advertising products that don’t work and come with a high price-tag.
They are also looking for convenience of purchase and want to get started without jumping through a lot of hoops.
Now they have direct access to all the marketing they need and all they need is the mobile app to get started” said Marc Pickren, CEO of OutboundEngine martech news.According to mobile app measurement provider, AppsFlyer, there are now more than 2 million apps for iOS and 3 million apps for the android platform.
As consumers spend more time within apps, this marketplace is set to grow quickly over the next few years.
The global app market is approaching $64 billion this year alone.“We’re excited to begin offering the OutboundEngine platform to prospective customers through our mobile app.
This is the first step and fully aligns with our philosophy to make OutboundEngine in-app commerce and seamless integrations with major marketplaces as easy and efficient as possible,” said Deepak Surana, SVP Product of OutboundEngine.Additional new features of the mobile app include the ability to see all their reviews in one place, request reviews from customers, and respond directly to reviews and leads in real time marketing automation.“In-app purchase was phase one in our plan to integrate with over 200 CRMs, marketplaces and platforms by May of 2020.

What is a Customer Data Platform ( CDP ) ?CDP Institute says a customer data platform is packaged software that creates a persistent, unified customer database that is accessible to other systems.According to prestigious publications like Forbes, companies that give priority to data-driven marketing are six times more profitable year-over-year than companies that don’t.
Seventy-five percent of those data-driven companies also see an increase in customer engagement, and data-driven strategies often produce between five to eight times more ROI than strategies without.
Results like this support the idea that the future of marketing lives in the data, but not just any data- it’s a combination of several components.
Its behavioral data enhanced by AI (artificial intelligence) and machine learning that is accurate, real-time and interconnected.
How do enterprise-level marketers drive real business results?By getting hold of and using actionable, real-time, accurate behavioral data.
Examples of data-driven companies that embrace a customer-driven platform are Amazon, Spotify, and Netflix.



Personalized and strategically driven commercials and higher conversion rates and innovative capabilities of data management platforms propel the global data management platform market.
These factors have helped shape the data management platform market and are expected to boost the growth.
Companies in the data management platform market could also face challenges such as lack of availability of specific data and lack of infrastructure to support high-scale software solutions.
Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/4573 Competitive Outlook:The data management platform market is supported by growth in technological advancements.
The report covers all such details which will help companies in the data management platform market to strengthen their business plan and improve their product portfolio.
The data management platform market research report also provides company profiles of major companies.