Among advertisers and marketers, there's a rush underway to use synthetic data. Research Live calls it “the next new kid on the block for the research sector.” Defined by AWS as “non-human-created data that mimics real-world data,” it comes in various forms. Perhaps the most promising form is the creation of synthetic personas.
Also known as “digital twins,” these personas allow marketers to test messages, ads and even entire campaigns on imaginary people whose attributes and interests are based on a large collection of data about real people. (To avoid confusion, marketers should know that the term “digital twins” is also used in another context, as a reference to simulated real-life objects.)
Marketers and advertisers in a wide range of industries are interested in synthetic data but face big pitfalls. In the race to build digital personas, companies often leave out their most important data: qualitative findings. So, they end up with inadequate, two-dimensional representations of the people they’re trying to reach.
Read: How digital twins can help brands learn about real consumers