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Don't Worry About....for data vendors

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Don’t worry about….inspired by a recent post I saw from Ted Merz (legend who worked for Bloomberg). In reality, you will worry about all these things when selling data, but honestly, don’t worry about it.

Don’t Worry About having marketing materials

Don’t Worry About having a white paper

Don’t Worry About having a technical salesperson

Don’t Worry About cannibalizing the business by working with 3rd party distributors

Don’t Worry About how to price the dataset

Don’t Worry About who will buy your data.

Don’t Worry About what data marketplace is best to partner with

Don’t Worry About customer support

Don’t Worry About SLA’s

Don’t Worry About compliance

Don’t Worry About legal paperwork

Don’t Worry About if you have enough history

Don’t Worry About if you cover enough unique assets, tickers, or entities

Don’t Worry About the data gatekeepers

Don’t Worry About selling the data to too many clients

Don’t Worry About about what value the data provides

Don’t Worry About competitors with similar data

Don’t Worry About API vs FTP vs Snowflake vs Excel delivery

Don’t Worry About not getting feedback from the client

Don’t Worry About trials taking months to complete

Don’t Worry About no answers to your emails

Don’t Worry About how expensive it is to be a sponsor or have a table at a data conference

Don’t Worry About how your website looks

Don’t Worry About if you have enough people to support the clients that have signed up

Don’t Worry About the TAM for your data

Don’t Worry About churn

Don’t Worry About perfection

In the end, these are all things to worry about. But can you control all of them? Not really. Maybe. But better to get some feedback and get yourself out there. Work with experts. Build a network of trusted advisors or partners. Pay for talent or expertise.


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