36
[ Data driven marke.ng ] Reducing waste and increasing relevance through targe3ng

Data Driven Marketing - Advanced Analytics and Targeting

Embed Size (px)

DESCRIPTION

The presentation discusses the impact of data driven targeting in marketing campaigns.

Citation preview

Page 1: Data Driven Marketing - Advanced Analytics and Targeting

[  Data  driven  marke.ng  ]  Reducing  waste  and  increasing  relevance  through  targe3ng  

Page 2: Data Driven Marketing - Advanced Analytics and Targeting

[  Quick  company  history  ]  

§  Datalicious  was  founded  in  2007  §  Strong  Omniture  web  analy3cs  history  §  1  of  4  global  Omniture  Preferred  Partners  §  Now  360  data  agency  with  specialist  team  §  Combina3on  of  analysts  and  developers  §  Evangelizing  smart  data  driven  marke3ng  § Making  data  accessible  and  ac3onable  §  Driving  industry  best  prac3ce  (ADMA)  

September  2010   ©  Datalicious  Pty  Ltd   2  

Page 3: Data Driven Marketing - Advanced Analytics and Targeting

[  Wide  range  of  data  services  ]  

September  2010   ©  Datalicious  Pty  Ltd   3  

Data  Pla=orms    Data  collec.on  and  processing    Web  analy.cs  solu.ons    Omniture,  Google  Analy.cs,  etc    Tag-­‐less  online  data  capture    End-­‐to-­‐end  data  pla=orms    IVR  and  call  center  repor.ng    Single  customer  view  

Insights  Repor.ng    Data  mining  and  modelling    Customised  dashboards    Media  aMribu.on  models    Market  and  compe.tor  trends    Social  media  monitoring    Online  surveys  and  polls    Customer  profiling  

Ac.on  Applica.ons    Data  usage  and  applica.on    Marke.ng  automa.on    Aprimo,  Trac.on,  Inxmail,  etc    Targe.ng  and  merchandising    Internal  search  op.misa.on    CRM  strategy  and  execu.on    Tes.ng  programs    

Page 4: Data Driven Marketing - Advanced Analytics and Targeting

[  Clients  across  all  industries  ]  

September  2010   ©  Datalicious  Pty  Ltd   4  

Page 5: Data Driven Marketing - Advanced Analytics and Targeting

[  Using  data  to  reduce  waste  ]  

September  2010   ©  Datalicious  Pty  Ltd   5  

Media  aMribu.on  

Op.mising  channel  mix  

Tes.ng  Improving  usability  

$$$  

Targe.ng    Increasing  relevance  

Page 6: Data Driven Marketing - Advanced Analytics and Targeting

[  Increase  revenue  by  10-­‐20%  ]  

September  2010   ©  Datalicious  Pty  Ltd   6  

By  coordina.ng  the  consumer’s  end-­‐to-­‐end  experience,  companies  could  enjoy  revenue  increases  of  10-­‐20%.  

Google:  “get  more  value  from  digital  marke.ng”    or  hMp://bit.ly/cAtSUN  

Source:  McKinsey  Quarterly,  2010  

Page 7: Data Driven Marketing - Advanced Analytics and Targeting

[  The  consumer  data  journey  ]  

September  2010   ©  Datalicious  Pty  Ltd   7  

To  reten.on  messages  To  transac.onal  data  

From  suspect  to   To  customer  

From  behavioural  data   From  awareness  messages  

Time  Time  prospect  

Page 8: Data Driven Marketing - Advanced Analytics and Targeting

[  Coordina.on  across  channels  ]      

September  2010   ©  Datalicious  Pty  Ltd   8  

Off-­‐site  targe.ng  

On-­‐site  targe.ng  

Profile    targe.ng  

Genera.ng  awareness  

Crea.ng  engagement  

Maximising  revenue  

TV,  radio,  print,  outdoor,  search  marke3ng,  display  ads,  performance  networks,  affiliates,  social  media,  etc  

Retail  stores,  call  centers,  brochures,  websites,  landing  pages,  mobile  apps,  online  chat,  etc  

Outbound  calls,  direct  mail,  emails,  SMS,  etc  

Page 9: Data Driven Marketing - Advanced Analytics and Targeting

Off-­‐site  targe3ng  

On-­‐site  targe3ng  

Profile  targe3ng  

[  Combining  targe.ng  pla=orms  ]  

September  2010   ©  Datalicious  Pty  Ltd   9  

Page 10: Data Driven Marketing - Advanced Analytics and Targeting

September  2010   ©  Datalicious  Pty  Ltd   10  

Page 11: Data Driven Marketing - Advanced Analytics and Targeting

September  2010   ©  Datalicious  Pty  Ltd   11  

Page 12: Data Driven Marketing - Advanced Analytics and Targeting

On-­‐site    segments  

Off-­‐site  segments  

[  Combining  technology  ]  

September  2010   ©  Datalicious  Pty  Ltd   12  

Page 13: Data Driven Marketing - Advanced Analytics and Targeting

[  Datalicious  SuperTag  ]  

September  2010   ©  Datalicious  Pty  Ltd   13  

§  Central  JavaScript  based  container  tag  § One  tag  for  all  pla^orms  incl.  Omniture  §  Either  hosted  internally  or  externally  §  Faster  tag  implementa3on  and  updates  §  Consistent  network  wide  re-­‐targe3ng  §  Transfer  or  profiling  data  between  sites  §  Iden3fica3on  of  exis3ng  customers  §  Re-­‐targe3ng  by  brand  preferences  

Page 14: Data Driven Marketing - Advanced Analytics and Targeting

Campaign  response  data  

[  Combining  data  sets  ]  

September  2010   ©  Datalicious  Pty  Ltd   14  

Customer  profile  data  

+   The  whole  is  greater    than  the  sum  of  its  parts  

Website  behavioural  data  

Page 15: Data Driven Marketing - Advanced Analytics and Targeting

[  Behaviours  plus  transac.ons  ]  

September  2010   ©  Datalicious  Pty  Ltd   15  

one-­‐off  collec3on  of  demographical  data    age,  gender,  address,  etc  customer  lifecycle  metrics  and  key  dates  profitability,  expira.on,  etc  predic3ve  models  based  on  data  mining  

propensity  to  buy,  churn,  etc  historical  data  from  previous  transac3ons  

average  order  value,  points,  etc  

CRM  Profile  

UPDATED  OCCASIONALLY  

+  tracking  of  purchase  funnel  stage  

browsing,  checkout,  etc  tracking  of  content  preferences  

products,  brands,  features,  etc  tracking  of  external  campaign  responses  

search  terms,  referrers,  etc  tracking  of  internal  promo3on  responses  

emails,  internal  search,  etc  

Site  Behaviour  

UPDATED  CONTINUOUSLY  

Page 16: Data Driven Marketing - Advanced Analytics and Targeting

[  Using  Pion  to  enrich  CRM  data  ]  

September  2010   ©  Datalicious  Pty  Ltd   16  

§  Single  point  of  data  capture  and  processing  

§  Real-­‐3me  queries  to  enrich  website  data    

§ Mul3ple  data  export  op3ons  for  web  analy3cs  

§  Enriching  single-­‐customer  view  website  behaviour  

Page 17: Data Driven Marketing - Advanced Analytics and Targeting

The  study  examined  data    from  two  of  the  UK’s  busiest    ecommerce  websites,  ASDA  and  William  Hill.    Given  that  more  than  half    of  all  page  impressions  on    these  sites  are  from  logged-­‐in    users,  they  provided  a  robust    sample  to  compare  IP-­‐based  and  cookie-­‐based  analysis  against.  The  results  were  staggering,  for  example  an  IP-­‐based  approach  overes3mated  visitors  by  up  to  7.6  3mes  whilst  a  cookie-­‐based  approach  overes.mated  visitors  by  up  to  2.3  .mes.    Google:  ”red  eye  cookie  report  pdf”  or  hMp://bit.ly/cszp2o      

[  Overes.ma.ng  unique  visitors  ]  

Source:  White  Paper,  RedEye,  2007  

Page 18: Data Driven Marketing - Advanced Analytics and Targeting

September  2010   ©  Datalicious  Pty  Ltd   18  

Datalicious  SuperCookie  Persistent  Flash  cookie  that  cannot  be  deleted  

Page 19: Data Driven Marketing - Advanced Analytics and Targeting

[  Maximise  iden.fica.on  points  ]  

20%  

40%  

60%  

80%  

100%  

120%  

140%  

160%  

0   4   8   12   16   20   24   28   32   36   40   44   48  

Weeks  

−−−  Probability  of  iden3fica3on  through  Cookies  

September  2010   19  ©  Datalicious  Pty  Ltd  

Page 20: Data Driven Marketing - Advanced Analytics and Targeting

[  Sample  customer  level  data  ]  

September  2010   ©  Datalicious  Pty  Ltd   20  

Page 21: Data Driven Marketing - Advanced Analytics and Targeting

[  Sample  site  visitor  composi.on  ]  

September  2010   ©  Datalicious  Pty  Ltd   21  

30%  exis.ng  customers  with  extensive  profile  including  transac3onal  history  of  which  maybe  50%  can  actually  be  iden3fied  as  individuals    

30%  new  visitors  with  no  previous  website  history  aside  from  campaign  or  referrer  data  of  which  maybe  50%  is  useful  

10%  serious  prospects  with  limited  profile  data  

30%  repeat  visitors  with  referral  data  and  some  website  history  allowing  50%  to  be  segmented  by  content  affinity  

Page 22: Data Driven Marketing - Advanced Analytics and Targeting

[  Poten.al  home  page  layout  ]  

September  2010   ©  Datalicious  Pty  Ltd   22  

Branded  header  

Rule  based  offer  

Customise  content  delivery  on  the  fly  based  on  referrer  data,  past  content  consump3on  or  profile  data  for  exis3ng  customers.  

Targeted  offer   Popular    

links,    FAQs  

Targeted  offer  

Login  

Page 23: Data Driven Marketing - Advanced Analytics and Targeting

[  Prospect  targe.ng  parameters  ]  

September  2010   ©  Datalicious  Pty  Ltd   23  

Page 24: Data Driven Marketing - Advanced Analytics and Targeting

[  Affinity  targe.ng  in  ac.on  ]  

September  2010   ©  Datalicious  Pty  Ltd   24  

Different  type  of    visitors  respond  to    different  ads.  By  using  category  affinity  targe3ng,    response  rates  are    liked  significantly    across  products.  

Message  CTR  By  Category  Affinity  

Postpay   Prepay   Broadb.   Business  

Blackberry  Bold   - - - + 5GB  Mobile  Broadband   - - + - Blackberry  Storm   + - + + 12  Month  Caps   - + - +

Google:  “vodafone  omniture  case  study”    or  hMp://bit.ly/de70b7  

Page 25: Data Driven Marketing - Advanced Analytics and Targeting

[  Poten.al  newsleMer  layout  ]  

September  2010   ©  Datalicious  Pty  Ltd   25  

Closest    stores,    offers    etc  

Rule  based  branded  header  

Data  verifica.on  

Rule  based  offer  

Profile  based  offer  

Using  profile  data  enhanced  with  website  behaviour  data  imported  into  the  email  delivery  pla^orm  to  build  business  rules  and  customise  content  delivery.  

NPS  

Page 26: Data Driven Marketing - Advanced Analytics and Targeting

[  Customer  profiling  in  ac.on  ]  

September  2010   ©  Datalicious  Pty  Ltd   26  

Using  website  and  email  responses  to  learn  a  lille  bite  more  about  customers  at  every  touch  point  in  order  to  keep  refining  customer  profiles  and  customising  future  communica3ons.  

Page 27: Data Driven Marketing - Advanced Analytics and Targeting

[  Poten.al  landing  page  layout  ]  

September  2010   ©  Datalicious  Pty  Ltd   27  

Rule  based  branded  header  

Campaign  message  match  

Targeted  offer  

Passing  data  on  user  preferences  through  to  the  website  via  parameters  in  email  click-­‐through  URLs    to  customise  content  delivery.  

Call  to  ac.on  

Page 28: Data Driven Marketing - Advanced Analytics and Targeting

Exercise:  Targe.ng  matrix  

September  2010   28  ©  Datalicious  Pty  Ltd  

Page 29: Data Driven Marketing - Advanced Analytics and Targeting

Phase   Segment  A/B   Channels   Data  Points  

Awareness  

Considera.on  

Purchase  Intent  

Up/Cross-­‐Sell  

[  Exercise:  Targe.ng  matrix  ]  

September  2010   29  ©  Datalicious  Pty  Ltd  

Page 30: Data Driven Marketing - Advanced Analytics and Targeting

Phase   Segment  A/B   Channels   Data  Points  

Awareness   Seen  this?   Social,  display,  search,  etc   Default  

Considera.on   Great  feature!   Social,  search,  website,  etc  

Download,  product  view  

Purchase  Intent   Great  value!   Search,  site,  emails,  etc  

Cart  add,  checkout,  etc  

Up/Cross-­‐Sell   Add  this!   Direct  mail,  emails,  etc  

Email  response,  login,  etc  

[  Exercise:  Targe.ng  matrix  ]  

September  2010   30  ©  Datalicious  Pty  Ltd  

Page 31: Data Driven Marketing - Advanced Analytics and Targeting

Avinash  Kaushik:    “The  principle  of  garbage  in,  garbage  out  applies  here.  […]  what  makes  a  behaviour  

targe<ng  pla=orm  <ck,  and  produce  results,  is  not  its  intelligence,  it  is  your  ability  to  actually  feed  it  the  right  content  which  it  can  then  target  […].  You  feed  your  BT  system  crap  and  it  will  quickly  and  efficiently  target  crap  to  your  

customers.  Faster  then  you  could    ever  have  yourself.”  

[  Quality  content  key  to  success  ]  

September  2010   31  ©  Datalicious  Pty  Ltd  

Page 32: Data Driven Marketing - Advanced Analytics and Targeting

[  Small  changes  with  big  impact  ]  

September  2010   ©  Datalicious  Pty  Ltd   32  

Page 33: Data Driven Marketing - Advanced Analytics and Targeting

[  Bad  campaign  worse  than  none  ]  

September  2010   ©  Datalicious  Pty  Ltd   33  

Page 34: Data Driven Marketing - Advanced Analytics and Targeting

1.  Define  success  metrics  2.  Define  and  validate  segments  3.  Develop  targe3ng  and  message  matrix    4.  Transform  matrix  into  business  rules  5.  Develop  and  test  content  6.  Start  targe3ng  and  automate  7.  Keep  tes3ng  and  refining  8.  Communicate  results  

[  Keys  to  effec.ve  targe.ng  ]  

September  2010   ©  Datalicious  Pty  Ltd   34  

Page 35: Data Driven Marketing - Advanced Analytics and Targeting

September  2010   ©  Datalicious  Pty  Ltd   35  

ADMA  short  course  “Analyse  to  op.mise”    

In  Melbourne  &  Sydney  October/November  

By  Datalicious  

Page 36: Data Driven Marketing - Advanced Analytics and Targeting

September  2010   ©  Datalicious  Pty  Ltd   36  

Email  me  [email protected]  

 Follow  us  

twiMer.com/datalicious    

Learn  more  blog.datalicious.com