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Marketing in the Cognitive Era

Marketing in the Cognitive Era

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Page 1: Marketing in the Cognitive Era

Marketing in the Cognitive Era

Page 2: Marketing in the Cognitive Era

Annemarie Welling

Marketing Manager IBM Commerce

Page 3: Marketing in the Cognitive Era

Digital businesses are disrupting virtually every industry and profession.

expect more competitors from outside their industry

54% of CxOs

3 SOURCE cited in notes

Page 4: Marketing in the Cognitive Era

A.I. related

patents have more

than tripled in the

last 10 years

Page 5: Marketing in the Cognitive Era

78% of executives say businesses will

manage people alongside intelligent machines

Page 6: Marketing in the Cognitive Era

Digital Intelligence + Digital Business

Page 7: Marketing in the Cognitive Era

Welcome to the era ofCognitive Business

Page 8: Marketing in the Cognitive Era

By 2017

Health datawill grow

99%

Governmentdata will grow

94%

Utilities datawill grow

99%

Media datawill grow

99%

80% of this data has been “invisible” to

computers,

and therefore

useless to us.

Until now.

88%unstructured.

84%unstructured

84%unstructured

82%unstructured

Page 9: Marketing in the Cognitive Era
Page 10: Marketing in the Cognitive Era
Page 11: Marketing in the Cognitive Era

Question& Answer

Machine Learning

Question Analysis

Feature Engineering

Ontology Analysis

Natural Language Processing

Page 12: Marketing in the Cognitive Era

Core Technologies

Source: Watson Qualitative IDIs, Watson Brand—Business Survey, July 2015

Speech to Text

Image Link

Extraction

Tradeoff Analytics

Concept Tagging

Image Tagging

Natural Language Classifier

Retrieve andRank

Author Extraction

Visual Recognition

Message Resonance

Language Detection

ToneAnalyzer

Question & Answer

Entity Extraction

Concept

Expansion

Sentiment Analysis

Personality Insights

Feed Detection

Face Detection

DialogKeyword

Extraction Taxonomy

Language Translation

Concept Insights

Text Extraction

Text to Speech

Relationship Extraction

Author ExtractionColloquialism ProcessingConcept ExpansionConvolutional Neural NetworksDeep LearningDialogEntity ExtractionEntity Resolution

Feature EngineeringFeature WeightingHtml AnalysisImage ProcessingInformation TheoryKeyword ExtractionLanguage IdentificationLanguage Modeling

Learn To RankLinguistic AnalysisLinguistic QueryMachine LearningMachine TranslationMessage ResonanceMulti-Dimensional ClusteringMultilingual Training

Natural Language ProcessingNeural NetworksOntology AnalysisPareto AnalysisPassage AnsweringPhoneme AggregationQuestion AnalysisRelationship Extraction

Rules ProcessingScalable SearchingSimilarity AnalyticsStatistical LanguageStatistical Language ParsingStatistical Language ProcessingSyllable Analysis

Text ExtractionTradeoff AnalysisVisual AnalysisVisual RenderingVisualizationVoice Synthesis And Customization

Page 13: Marketing in the Cognitive Era

Draws on Five Core Technologies

Speech to Text

Image Link

Extraction

Tradeoff Analytics

Concept Tagging

Image Tagging

Natural Language Classifier

Retrieve andRank

Author Extraction

Visual Recognition

Message Resonance

Language Detection

ToneAnalyzer

Question & Answer

Entity Extraction

Concept

Expansion

Sentiment Analysis

Personality Insights

Feed Detection

Face Detection

DialogKeyword

Extraction Taxonomy

Language Translation

Concept Insights

Text Extraction

Text to Speech

RelationshipExtraction

Case

Evaluation

QA

Qualification

Video

Augmentation

Policy

Identification

Knowledge

Graph

Criteria

Classification

Risk

Stratification

Factoid

Pipeline

Usage

Insights

Easy

Adaptation

Answer

Generation

Decision

Optimization

Knowledge

Studio

Service

Fusion QA

Emotion

AnalysisKnowledge

Canvas

Statistical

Dialogue

Decision

Support

2016

Author ExtractionColloquialism ProcessingConcept ExpansionConvolutional Neural NetworksDeep LearningDialogEntity ExtractionEntity Resolution

Feature EngineeringFeature WeightingHtml AnalysisImage ProcessingInformation TheoryKeyword ExtractionLanguage IdentificationLanguage Modeling

Learn To RankLinguistic AnalysisLinguistic QueryMachine LearningMachine TranslationMessage ResonanceMulti-Dimensional ClusteringMultilingual Training

Natural Language ProcessingNeural NetworksOntology AnalysisPareto AnalysisPassage AnsweringPhoneme AggregationQuestion AnalysisRelationship Extraction

Rules ProcessingScalable SearchingSimilarity AnalyticsStatistical LanguageStatistical Language ParsingStatistical Language ProcessingSyllable Analysis

Text ExtractionTradeoff AnalysisVisual AnalysisVisual RenderingVisualizationVoice Synthesis And Customization

Source: Watson Qualitative IDIs, Watson Brand—Business Survey, July 2015

Page 14: Marketing in the Cognitive Era

Understand. Reason. Learn. Interact.

© 2016 IBM

Page 15: Marketing in the Cognitive Era

Amplify the BrandAmplify the BrandAmplify the BrandAmplify the Brand

Image Credit: Pexels

How would your marketing change if… a cognitive system could consume your content and your competitor’s, assess tones and guide content creation to ensure stronger differentiation?

© 2016 IBM

Page 16: Marketing in the Cognitive Era

Producing More Producing More Producing More Producing More Popular Popular Popular Popular Pro Pro Pro Pro AthletesAthletesAthletesAthletes

Use Watson Personality Insights to analyze the athletes’ social posts & video interviews.

Watson was used in workshops to provide recommendations about style, attitude, and form that improved connecting fans with the brand

Help Red Bull athletes understand & improve their brand expression

OpportunityOpportunityOpportunityOpportunity ApproachApproachApproachApproach ResultsResultsResultsResults

© 2016 IBM

Page 17: Marketing in the Cognitive Era

© 2016 IBM

Knorr created a Flavor Profiler in partnership with IBM that identifies your flavor profile and serves up recipes

Research among 12,000 people in 12 countries, found that 78% of people are more likely to be attracted to someone who enjoys the same flavors.

Unilever updated it’s biggest brand Knorr that is sold in 87 countries with a global campaign that asks whether flavor can help you find love

OpportunityOpportunityOpportunityOpportunity ApproachApproachApproachApproach ResultsResultsResultsResults

Can flavor help you find love?Can flavor help you find love?Can flavor help you find love?Can flavor help you find love?

mmmmyflavour.knorr.comyflavour.knorr.comyflavour.knorr.comyflavour.knorr.com

Page 18: Marketing in the Cognitive Era

© 2016 IBM

Frans Reichardt (klantenluisteraar)

You are social, somewhat verbose and can be perceived as shortsighted.

You are down-to-earth: you prefer facts over fantasy.

You are assertive: you tend to speak up and take charge of situations, and you are comfortable leading groups.

And you are respectful of authority: you prefer following with tradition in order to maintain a sense of stability.

Your choices are driven by a desire for well-being.

You are relatively unconcerned with tradition: you care more about making your own path than following what others have done.

You consider achieving success to guide a large part of what you do: you seek out opportunities to improve yourself and demonstrate that you are a capable person.

You are unlikely to______Click on an adFollow on social mediaBuy healthy foods

You are likely to______Buy eco-friendlyReply on social media

https://watson-pi-demo.mybluemix.net

IBM Watson Personality Insights

Page 19: Marketing in the Cognitive Era

© 2016 IBM

https://tone-analyzer-demo.mybluemix.net/

IBM Watson Tone Analyzer

Anger

Disgust

Sadness

Fear

Joy

Emotion summary (probability) Language Style summary (raw score)

Analytical Confident TentativeLow evidence Medium High

Openness

Conscientiousness

Emotional Range

Extraversion

Agreeableness

Social summary (raw score)

Low evidence Medium High

Page 20: Marketing in the Cognitive Era

Interact naturallyInteract naturallyInteract naturallyInteract naturally

How would your marketing change if… a cognitive system could see, talk, hear, and interact with humans in a natural way?

© 2016 IBM

Page 21: Marketing in the Cognitive Era

© 2016 IBM

“Macy’s on call” natural, mobile interaction on site“Macy’s on call” natural, mobile interaction on site“Macy’s on call” natural, mobile interaction on site“Macy’s on call” natural, mobile interaction on site

IBM Watson and Satisficreated a mobile companion using Watson’s Natural Language Classifier

Now on pilot in 10 locations, the mobile companion also incorporates a Spanish language feature via Watson Language translation

ApproachApproachApproachApproach ResultsResultsResultsResultsMacy’s was looking for a way to empower customers on site at each Macy’s location

OpportunityOpportunityOpportunityOpportunity

Page 22: Marketing in the Cognitive Era

Your Digital Your Digital Your Digital Your Digital Personal ShopperPersonal ShopperPersonal ShopperPersonal Shopper

Construct a cognitive application with partner Fluid that let shoppers ask Watson questions about their travel plans & apparel needs and receive the appropriate outwear recommendations.

Shoppers averaged 2 minutes with the platform & generated a 60% click through rate to the product recommendation. 80% said they’d use it again.

Deliver a more personalized online shopping experience for the North Face Fall/Winter 2015 outerwear selection.

OpportunityOpportunityOpportunityOpportunity ApproachApproachApproachApproach ResultsResultsResultsResults

© 2016 IBM

Try it: www.thenorthface.com/xps

Page 23: Marketing in the Cognitive Era

Hilton’s Robotic Concierge “Connie”Hilton’s Robotic Concierge “Connie”Hilton’s Robotic Concierge “Connie”Hilton’s Robotic Concierge “Connie”

Page 24: Marketing in the Cognitive Era

How would your marketing change if… a cognitive system could ingest structured and unstructured data to uncover the most meaningful purchase triggers and use them to execute targeted advertising?

Optimize Paid MediaOptimize Paid MediaOptimize Paid MediaOptimize Paid Media

Image Credit: Pexels© 2016 IBM

Page 25: Marketing in the Cognitive Era

© 2016 IBM

Use the WeatherFXplatform to uncover emotional impact of weather on consumer behavior and trigger dynamic media.

Ads that performed best were surprisingly ones that experienced a big temperature change –around a 10 degree Cdecrease in Los Angeles and NY – rather than the coldest

A CPG company wanted to tap into the emotional impact of weather on consumer behavior.

OpportunityOpportunityOpportunityOpportunity ApproachApproachApproachApproach ResultsResultsResultsResults

#WeatherMeansBusiness

Page 26: Marketing in the Cognitive Era

Personalize everywherePersonalize everywherePersonalize everywherePersonalize everywhere

Image Credit: Pexels

How would your marketing change if… a cognitive system could recommend which offers should go to which customers and continually hone your personalized marketing and results?

© 2016 IBM

Page 27: Marketing in the Cognitive Era

Make banking personalMake banking personalMake banking personalMake banking personal

Created an automated, integrated marketing platform that can execute more than 100 contextual triggers per day to share relevant, personalized messages to over 1M customers each month.

50% 50% 50% 50% shorter time-to-market for personalized campaigns.

120% 120% 120% 120% increase in outbound call center sales conversions.

ING Direct Australia wanted to tailor their conversations with each customer based on their individual needs.

OpportunityOpportunityOpportunityOpportunity ApproachApproachApproachApproach ResultsResultsResultsResults

© 2016 IBM

Page 28: Marketing in the Cognitive Era

IBM Real-time Personalization Rules Advisor

© 2016 IBM

Page 29: Marketing in the Cognitive Era

Gain insight and take Gain insight and take Gain insight and take Gain insight and take actionactionactionaction

© 2016 IBM

How would your marketing change if… you had a ‘cognitive’ analyst watching out for you and would send you real-time predictions and updates on performance metrics?

Page 30: Marketing in the Cognitive Era

IBM Marketing Performance Insights Smart Alerts

© 2016 IBM

Page 31: Marketing in the Cognitive Era

A final thought . . .

Page 32: Marketing in the Cognitive Era

Annemarie Welling

Marketing Manager IBM Commerce

[email protected]@AM_Welling