ABA Banking Journal
No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
SUBSCRIBE
ABA Banking Journal
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
No Result
View All Result
No Result
View All Result
Home Retail and Marketing

Small Data, Big Impressions

January 18, 2017
Reading Time: 3 mins read

By Bryan Clagett

       I get a text reminding me when my hair cut appointment is.

       I get a service reminder from my car dealer.

       I get a “Happy Birthday” message from Facebook.

       I get a “Happy Anniversary” card from my financial advisor.

       I get an email from Amazon when something I likely want is on sale.

It seems like every day, people (really it’s brands) use data to reach out and engage me. These are not complex engagements, but rather simple “pings” or reminders, and often, they are rather casual. It’s almost as if the person messaging me recognizes I’m very busy and they just want to offer a simple reminder or quick recognition of something. From a consumer’s perspective, I would not assume data is working behind the scenes to drive these little interactions, but they are niceties I enjoy, and frankly, as a consumer, I see value in. In the examples above, it’s small data being leveraged in big ways.

Now let me put my banker hat on. I can hardly pick up a trade publication or read a marketing blog without some expert or supplier telling me that banking’s future and survival lies with “Big Data.” Furthermore, after reading numerous vendor pitches, we’d all be hard pressed to actually define what big data really is. Sure, data is very important to our marketing and delivery strategies, but perhaps more importantly, data can help us enhance the customer experience. After all, unique experience needs to be a bigger differentiator in our value propositions.

Small data (sm’aē’āll DH(ə)ta) is data that is ‘small’ enough for human comprehension. It is data in a volume and format that makes it accessible, informative and actionable. The term “big data” is about machines and “small data” is about people. (Wikipedia)

Let’s forget about big data for a moment and consider “small data,” or as it was once called, just plain data. You have tons of it today, but are you using it regularly to improve customer experience? As Allen Bonde first defined on his blog Small Data Group, small data ideally connects people with timely, meaningful insights, organized and packaged to be accessible, understandable, and actionable for everyday tasks. Years ago, midway through my banking career, an IT executive  asked, “Bryan, I can give you all the data you want, right from the core, but what information do you want and what is your goal?”

That question really stuck with me. Any data strategy must start with a business strategy, so before we start asking for big data, what business questions or challenges do we hope the data will address? Since share of wallet, relationship profitability, and differentiation is so critically important to the bank marketer, I’d advocate that, small data needs to be a much bigger focus.

Think for a moment of your customers’ daily retail banking needs or habits as you consider these small data examples:

  • I use the same ATM almost every week. And every time it asks me if I prefer English, and I always do. Has Rosetta Stone started an ATM network?
  • My birthday is November 4th. It crushes me that my credit union or bank never wished me a Happy Birthday. PayPal did.
  • My bank is active on Twitter, and they know I’m active on Twitter. But they have not associated my Twitter handle with their customer records. AMEX did.
  • When a Regions Bank customer checks into a Regions branch on Foursquare, the bank often tweets out a thank you. They may not associate the check-in with a customer record, but at least they engaged a customer.
  • My bank knows I have 2 kids. In 11 years, neither financial institution asked me if I’d like to set up an account for them or if I needed help planning for college. Too late now. Vanguard got the 529 business.

I’ll spare you a longer list. In short, you have plenty of data, yet perhaps are not leveraging it to engage your audience in the most meaningful and relevant way. Maybe what you really need, after you define what you want from data, are more intelligent ways to leverage the “small” data that you already have.

Maybe, just maybe, before you think big, you might need to think small.

Bryan Clagett is CMO at Geezeo, a personal financial management (PFM) solutions provider dedicated entirely to financial institutions. Email: [email protected]

Tags: Big dataCustomer experienceData strategy
ShareTweetPin

Related Posts

ABA, associations urge lawmakers to rein in debt settlement industry

ABA, associations urge lawmakers to rein in debt settlement industry

Newsbytes
February 27, 2026

ABA joined six financial sector associations in alerting members of Congress to the practices of the debt settlement industry, “which typically misleads millions of Americans into financial jeopardy with false promises of a quick way to negotiate existing...

ABA opposes proposed changes to credit union subordinated debt rule

ABA urges NCUA to retain deposit advertising requirement for credit unions

Newsbytes
February 27, 2026

ABA said it was puzzled by a National Credit Union Administration proposal to remove the requirement that credit union advertisements state that their deposit products are insured, noting that banks must do so.

Survey: Banks regain status as one of the most trusted institutions

Survey: Banks regain status as one of the most trusted institutions

Compliance and Risk
February 23, 2026

Public trust in banking has recovered following a sharp decline caused by the 2008 financial crisis, although the U.S. remains one of several countries where it lags behind the levels seen before the Great Recession, according to a...

Critical success factors in creating a data strategy

Retail and Marketing
February 17, 2026

Banks’ data maturity continues to accelerate, but marketers still face structural barriers in accessing and activating data.

A secure digital process transformation to bank on

The keys to data-driven decision-making in bank marketing

Retail and Marketing
February 9, 2026

The essential ingredients are organized customer data and harnessing that data to produce smarter marketing programs.

From cost center to growth engine: Making bank events work for the brand

From cost center to growth engine: Making bank events work for the brand

Retail and Marketing
February 4, 2026

When goals and measurements are in place before the party starts, it’s a highly strategic spend.

NEWSBYTES

House committee advances ABA-backed bill to overhaul bank regulation

March 4, 2026

VA proposes updated policy documents establishing new partial claim option

March 4, 2026

ABA: Fed decision grants crypto firm payment account creates risks for consumers

March 4, 2026

SPONSORED CONTENT

How top agricultural lenders are approaching AI, automation and innovation in 2026

How top agricultural lenders are approaching AI, automation and innovation in 2026

March 2, 2026
Top 7 FP&A Trends in Banking for 2026

Top 7 FP&A Trends in Banking for 2026

March 1, 2026
How Instant Payments Can Accelerate B2B Payments Modernization

How Instant Payments Can Accelerate B2B Payments Modernization

February 3, 2026
Digital Banking: The Gateway to Customer Growth and Competitive Differentiation

Digital Banking: The Gateway to Customer Growth and Competitive Differentiation

February 1, 2026

PODCASTS

Podcast: How the SCAM Act would encourage platforms to go after scammers

February 4, 2026

A new kind of ‘community bank’ for small businesses

January 22, 2026

Podcast: A Lone Star banking perspective

January 15, 2026

American Bankers Association
1333 New Hampshire Ave NW
Washington, DC 20036
1-800-BANKERS (800-226-5377)
www.aba.com
About ABA
Privacy Policy
Contact ABA

ABA Banking Journal
About ABA Banking Journal
Media Kit
Advertising
Subscribe

© 2026 American Bankers Association. All rights reserved.

No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive

© 2026 American Bankers Association. All rights reserved.