How Do Startup Businesses Find Their Data?

Everybody has to start from somewhere and startups particularly begin from nothing. Today’s world is full of data so the question is from where do these startups get data?

Let’s go through the data sources in different stages of the startup.

Development Stage

Initially, a startup works with manual data or in some cases, bogus machine-produced data. In case, a startup needs data it has to depend on real world data and there are no “data banks from”, which you can purchase data.

In that case, you can just “copy & paste” or utilize data scraping to find this data. The web scraping can be completed using commercial tools, homegrown scripts, as well as in a few cases Macros in Google Sheets or Microsoft Excel could be helpful.

Testing Stage

In this stage, a startup requires to test the application, platform, and whatever they are creating with “normal usage scenario” the data level both from the quantity and quality perspective. This data quantity cannot be generated manually – it needs to be machine procured or generated from the actual world.

Also, if you could utilize fake machine-produced data as well as can also produce it efficiently, the approach could work.

Although in case, your startup business is about real world data, then you would most probably resort to data scraping to find this data.

Beta Stage

This stage is an ever-increasingly well-known data stage. Here, the startups open up or invite registration of the platform or application to users that either wish to have things completely free or like the excitement of getting the initial users of the system.

All these users would enter ample user-associated data however, depending on the kind of platform or application, you would require to offer “framework associated data” – store locations, geographic, company names, phone numbers, business information, etc. to the Beta users so that they don’t look like they are a part of the ghost town.

Going Live

At this stage, a startup would most probably utilize Beta phase data, however for keeping your applications usable as well as indefinite cases “fresh” you would require to augment data from the external resources and web scraping services is amongst the finest approaches for doing that.

Purchasing Data    

In a few cases, a startup might be able to purchase data from any data vendor – the email lists are among the popular sources. However, all the “data for sale” is generally “data, which is out-of-date“.

The data was perhaps extracted at one point as well as now has become outdated as well as overused. Similar older email leads have been utilized and all these leads have no wish to answer other unsolicited pitches from other startups.

Extracting web for the latest leads is a wonderful option for building something, which is particular to your requirements.

At Actowiz, we are always happy to help any startup. Contact us for more details. If you discover that collecting data from extracting isn’t your “key competency” as well as you might rather leave that for the benefits, then call us now!