Business Location Data
The Ultimate Guide to Business Location Data 2021
What is Business Location Data?
Business Location Data is information about the geographical location of a business establishment in an area. This data is comprised of a list of all businesses from small to large companies. Besides the location, other essential information is also included, like ownership, business types, and financial information. To help the data user find a business location faster, some locations are converted to geocodes – the longitude and latitude coordinates. This data is beneficial for location-based marketing.
How is Business Location Data collected?
Business Location Data is collected through different sources. These sources include business news websites, social media platforms, a government website, business registration agencies, and local tax revenue offices. The collected raw data is analyzed and organized by data providers. Then the business location data undergoes data cleansing and filtering to remove duplicates and incomplete data. The cleaned data is then compiled in business location datasets.
What are the typical attributes of Business Location Data?
The common attributes of business location data are:
Location: this relates to the geographical location of the business establishment. The information may be in geocodes – longitude and latitude coordinates.
Business information: this refers to the personal information of the business establishments. This includes the owner’s information, business type, capital, and incomes/expenses.
What is Business Location Data used for?
Marketers and investors use business location data. Marketers used this data to target B2B clients via location-based marketing. Business location data is also used to enrich customers’ firmographic information and for B2B CRM. This gives them insights about the best strategy to target a specific audience based on the business’s location. Investors used this data to provide an overview of what type of businesses are operating and performing well in a specific location. These insights are also advantageous for new business owners for retail site selection to give them better business opportunities.
How can a user assess the quality of Business Location Data?
In order to assess the quality of business location data, data providers must be credible. Credible data is based on reliable information. Data providers must acknowledge where they source their business location data. A user must also ensure that the data is relevant to their individual use case - the information must be useful and must serve its purpose. Business location data must also be accurate, error-free, and frequently updated. For users, you can read online reviews about business location data providers to have better insights about the company. Users may also ask for a data sample to see if it actually fits their needs when put to real-world use.
Who are the best Business Location Data providers?
Finding the right Business Location Data provider for you really depends on your unique use case and data requirements, including budget and geographical coverage. Popular Business Location Data providers that you might want to buy Business Location Data from are Ipinfo.io, Kuwala, Infatica, Mapping Resources, and Unacast.
Where can I buy Business Location Data?
Data providers and vendors listed on Datarade sell Business Location Data products and samples. Popular Business Location Data products and datasets available on our platform are IPinfo.io IP Geolocation Database | IP to Geolocation | Daily Updates, Global by Ipinfo.io, Kuwala | Identification of functional areas for urban planning and real estate analysis US & EU - based on POI & Location Data by Kuwala, and Locationscloud: Complete Location Data of All Gas Station for USA and Canada by Locationscloud.
How can I get Business Location Data?
You can get Business Location Data via a range of delivery methods - the right one for you depends on your use case. For example, historical Business Location Data is usually available to download in bulk and delivered using an S3 bucket. On the other hand, if your use case is time-critical, you can buy real-time Business Location Data APIs, feeds and streams to download the most up-to-date intelligence.
What are similar data types to Business Location Data?
Business Location Data is similar to Business Listings Data, Store Location Data, Electric Vehicle Charging Stations Data, POI Visitation Data, and Restaurant Location Data. These data categories are commonly used for Location Intelligence and Business Location Data analytics.