26
Smart Uses of Data How to learn more about your audience and target individual customers

Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

Embed Size (px)

DESCRIPTION

Consumer insights have long been central to marketing strategy, but integrating audience data with the output of a typical plan is no mean feat. Collecting information is one thing, using it to develop a performance programme is quite another. In this session Ed Lovelock and Owen Hancock will explore the innovative ways Argos and Commission Junction worked together over the last year, utilising data available to them from the British retailer’s site. The audience will learn of additional information on the lifetime value of affiliate-driven customers to the company, split testing cashback rates and targeting profitable behavioural segments. Data best practices will also be covered and how, when properly utilised, they can create smarter and more efficient affiliate programmes.

Citation preview

Page 1: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

Smart Uses of DataHow to learn more about your audience and

target individual customers

Page 2: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos
Page 3: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos
Page 4: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

Starting A Campaign

Objective Data Actions Outcomes

21 3 4

Page 5: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

Set Your Goals

Desired Outputs Identify stakeholders

S.M.A.R.T.

Budget Availability

Page 6: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

Understand What Data is Available

Campaign Goal

Aggregated Data (Online)

Aggregated Data

(Offline)

3rd Party Data

1st Party Data (Online)

1st Party Data (Offline)

Page 7: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

Aggregated Data

Page 8: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

3rd Party Data

Clicks

Location

User demographics

User spend

Conversion Rate

User Conversion

AOV

Category Performance

Page 9: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

3rd Party Data – Publishers

Page 10: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

1st Party Data

Page 11: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

1st Party - Metrics

Advertiser

PublisherCustomer

Colour preference

Browse history

Categories purchased in

Lifetime value

StockCollections

Affiliate programme data

SeasonalityCross Channel

Purchasers

Reactivation Customer Ratio

New Customer Ratio

Average order valueRepeat Rate

Page 12: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

USE THIS DATADon’t sit on it!

Page 13: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

Review How To Use This Data

People PlaceDevice TimeMessage

Reach Relevancy

Page 14: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

Review How To Use This DataMessage

Page 15: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

Review How To Use This DataDevice

Page 16: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

Review How To Use This DataPeople

Page 17: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

Review How To Use This DataPlace

Page 18: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

Review How To Use This DataTime

Page 19: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

What does this approach and this data achieve?

Page 20: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

The Outcomes Of Smart Uses Of Data

Profitability

Incrementality

Time Efficiency

Page 21: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

What next…?

Page 22: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

Data Capture

Link immediate offline data to online marketing

Targeting individual shopper

Wealth of behavioural data

Page 23: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

Mobile Applications

Cloud-Based Services

Client Data

Publisher DataNetwork

Data

Offline Data

Application Servers

Legacy Applications

Web Appications

More Free-Flowing Information

Integration

More information available

Information updates quicker

Change user journeys

Page 24: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

Targeting A Segment Of One

Robust consumer profiles to uncover actionable insights

Use insights to create personalised creative and offers

Increase conversions and drive more sales

Page 25: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

Takeaways

In depth planning

Attitude to using data

Learning from results

Integration with other channels

Page 26: Smart Uses of Data: How to Learn More About Your Audience and Target Individual Customers - Owen Hancock, CJ Affiliate & Ed Lovelock, Argos

Questions?