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“It’s the journey that
                                              matters, not just the
                                              ending”
                                                                                                             - Paul Lockhart


          Matthew Comstock – VP, Data & Analytics
                   matthew.comstock@razorfish.com
                           Razorfish Platforms - Fluent
      © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation
© 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
RAZORFISH, WHO ARE WE?

Full-service digital agency
One of the largest interactive marketing & technology companies
Leader in web design and digital marketing according to Forrester
$60 billion of media managed across the Publicis Groupe network




               Brand                                                                                                            Enabling
           Perception             MARKETING
                                                            “Brand Reality”                            TECHNOLOGY               Technology

              Traditional                                  Create experiences                                                   Technology
          agencies create                                 that build businesses                                                 consultants
         and build market                                                                                                       design and build
              awareness                                                                                                         IT systems




                                                                        2
                     © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
WHERE RAZORFISH & FLUENT FIT




                                                           3
        © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
WHAT IS FLUENT?
A digital marketing technology platform that provides marketers and
agencies with a single, integrated software application to target,
distribute, and manage multi-channel digital campaigns and
experiences.
                                                                                                                                                Component
                                                                                                                                                included in
                                                                                                                                                    this
                                                                                                                                                presentation




                                                             Marketing Central
                    (Marketing Planning and Management, Team Collaboration and Workflow)


                                                         Experience Publishing
                  (CMS / DAM, Multi-Channel and Multi-Device Distribution, Social Monitoring)


             Discovery                                                  Insights                                                   Targeting
    (Data Scientist Ad hoc modeling                        (Analytics and Reporting,                                    (Multi-Channel Aware
             Environment)                                    including Attribution)                                  Segmentation and Targeting)


                                                                Data Warehouse
            (Data Sources - 1st and 3rd Party, Data Normalization + Transformation, Data Management)


                                      Cloud Infrastructure (Software as a Service)

                                                                        4
                     © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
BEGIN AT THE BEGINNING




                                                                                              Technology
       The 
                                       Strategy



                                                                  Analysis
                                                                                                                  Channel Relevant 
    Customer 
                                                                                                                    Experiences 
     Journey




                                                              5
           © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
THE JOURNEY IS COMPLICATED AND CONNECTED




    Display
                                                      Search
                       Affiliate



                                                                                                               DOT.
           Email                                                                                               com
                                               Social
                                                                           Call
                                                                          Center


                        Mobile
      TV




                                                                      6
                   © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
UNDERSTAND MOTIVATIONS AND BEHAVIORS,
THEN TAKE ACTION


                                                                                                                                        Offline
                                                                                                                                     Interactions




                                                                                                                                       Data
                                                                                                Online
                                                                                                                                    Management
                                                                                             Interactions
                                                                                                                                    & Analytics



              ‣       Bid for her more smartly
              ‣       Serve her content she’ll respond to
              ‣       Look for others like her (look-a-likes)
              ‣       Look for others that act like her (act-a-likes)
              ‣       Empower her to share her experience                                                                    Anya
                                                                                                                             1-off
                                                                                                                             Cosmetics maven
                                                                                                                             to 1+
                                                                                                                             who replenishes
                                                                                                                             Purchasers
                                                                                                                             monthly


                                                            7
         © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
AND THE BEST PART, WE KNOW THIS WORKS!

                                                                    Phase 2 - Dynamic Targeting, Advanced Segmentation
              1,400,000

              1,200,000                                             Phase 1 - Dynamic Targeting Last Action

              1,000,000
Impressions




                                                                    Baseline Funnel
                           688,414
               800,000

               600,000
                                                                                                                                                                 Incremental
               400,000
                           395,838                       312,479
                                                                                                                                                                 Contribution
               200,000                                                                                                                                                4X
                                                         156,239
                       0                                                                              112,155
                                                                                                      46,731                                                      102,518
                Clicked                                                                                                                                           42,716
                on Ad                Engaged
                                     with Content                                 Clicked on
               1.41%
                                                                                  “Where to Buy”
                                     45.39%
               0.81%                                                                35.89%                                                                           Referred
                                     39.47%                                                                                                                          to Partner Site
               0.35%                                                                 29.91%
                                     25.22%
                                                                                                                                                                      91.41%
                                                                                     19.94%

              Each customer, based on her past shopping experience is treated to different, more relevant
              content to re-engage or keep her engaged

                                                                                         8
                                      © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
HOW DO WE DO IT?

‣ Get to know your customers through research and studies
‣ Capture all interactions (whenever possible), and link them
‣ Create customer profiles through business aligned
 characteristics and behavioral analysis, then define both
 single and multichannel segments
‣ Create an experience strategy to get the right experience
 and message to the customer at the right time (IN THE
 RIGHT CHANNEL)
‣ Take a crawl, walk, run approach by starting with a single
 channel and evolve from there



                                                                9
             © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
REAL WORLD PERSONAS




                                                                         The
                                            The Hunter              (unexpected)
                                                                      Indulgent




                                                                      The Family
                                          Fashion Icon
                                                                       Shopper




                                                         10
       © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
INTEGRATED TRACKING AND TAGGING STRATEGY




  Microsite           Social Data                       Online Video                            Call Center                               Enterprise


     Experience           Display                             Website                                    POS                              Bill/Receipt       Search

   Pinterest             Twitter                            Data Plan                             Statements                                   Email

          Broadcast            Geolocation                             Account Tenure                                    Mobile                          Games

3rd Party Social       3rd Party                         Preferences                               TV/Radio                                  Tablet              Organic




                                                                              11
                            © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
IDENTIFY YOUR CUSTOMERS ACROSS CHANNELS



                                                                                             Universal 
                                                                                             Identifier




Ad Server    Website                       Transaction                             Customer                                Device            Email
Identifier   Identifier                     Identifier                             Identifier                            Identifier        Identifier


                                                                  12
                © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
FOCUS ON CHARACTERISTICS THAT MATTER MOST

     •   3rd Party                                                                                            • CRM / Offline Data
     •   Social                                              Universal
                                                             Identifier                                       • Loyalty
     •   Location Based Data                                                                                  • Site engagement
     •   Ad server




  The 7 characteristics result in over 39,000
  possible segments.


   4             9                          2                            13                                7                              3     2
Influencer    Categories               Time                            Loyalty                 Average Order    In Store    Consumer
  Types        Recently               Windows                           Tiers                      Sizes     Purchase Types   Types
               Viewed

                                                                       13
                     © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
ANALYTICAL BUILDING BLOCKS




Sessionization                                           Paths                                                      Attribution



          Associative                                                           Regression
           Analysis                                                              Analysis



                                                           14
         © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
MULTI-CHANNEL AWARE TARGETING PLATFORM
                                                                                            Data
                                Channel Specific                                        Management,
       Channel Offers                                                                                                                              Data Acquisition
                                   Targeting                                             Analytics &
                                                                                        Segmentation
                                        Ad Serving

  Publisher
                                      Ad Exchange
                                                                                                                      MapReduce
                                                                                                                      Processing

Client Site
                                         Client Site
                                                                               Data Classification &
  Offers                                 Targeting
                                                                                   Stewardship                                                             Offline
                                                                                                                                                   Customer Demo, 3rd Party
                                                                                                                                                      & Behavioral Data
                                            Email
 Email Lists                              Targeting
  & Offers
                                                                      Advanced               Audience Centric                                          Online Customer
                                                                     Segmentation            Data Warehouse                                            Behavioral Data
                                         Call Center                   Analysis
 Call Center                             Targeting                                            (w/ in-database
   Offers                                                                                        analytics)

                                        Social Media                                                                                                Channel Performance
Social Media
                                         Targeting                                                                                                       Feedback
  Offers




                                                            Channel Tracking

                                                                          15
                        © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
Thank You

                     Matthew Comstock
                    VP Data & Analytics
                 Razorfish Platforms - Fluent
              matthew.comstock@razorfish.com




                                                  16
© 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.

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Razorfish Multi-Channel Marketing: Better Customer Segmentation and Targeting

  • 1. “It’s the journey that matters, not just the ending” - Paul Lockhart Matthew Comstock – VP, Data & Analytics matthew.comstock@razorfish.com Razorfish Platforms - Fluent © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
  • 2. RAZORFISH, WHO ARE WE? Full-service digital agency One of the largest interactive marketing & technology companies Leader in web design and digital marketing according to Forrester $60 billion of media managed across the Publicis Groupe network Brand Enabling Perception MARKETING “Brand Reality” TECHNOLOGY Technology Traditional Create experiences Technology agencies create that build businesses consultants and build market design and build awareness IT systems 2 © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
  • 3. WHERE RAZORFISH & FLUENT FIT 3 © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
  • 4. WHAT IS FLUENT? A digital marketing technology platform that provides marketers and agencies with a single, integrated software application to target, distribute, and manage multi-channel digital campaigns and experiences. Component included in this presentation Marketing Central (Marketing Planning and Management, Team Collaboration and Workflow) Experience Publishing (CMS / DAM, Multi-Channel and Multi-Device Distribution, Social Monitoring) Discovery Insights Targeting (Data Scientist Ad hoc modeling (Analytics and Reporting, (Multi-Channel Aware Environment) including Attribution) Segmentation and Targeting) Data Warehouse (Data Sources - 1st and 3rd Party, Data Normalization + Transformation, Data Management) Cloud Infrastructure (Software as a Service) 4 © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
  • 5. BEGIN AT THE BEGINNING Technology The  Strategy Analysis Channel Relevant  Customer  Experiences  Journey 5 © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
  • 6. THE JOURNEY IS COMPLICATED AND CONNECTED Display Search Affiliate DOT. Email com Social Call Center Mobile TV 6 © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
  • 7. UNDERSTAND MOTIVATIONS AND BEHAVIORS, THEN TAKE ACTION Offline Interactions Data Online Management Interactions & Analytics ‣ Bid for her more smartly ‣ Serve her content she’ll respond to ‣ Look for others like her (look-a-likes) ‣ Look for others that act like her (act-a-likes) ‣ Empower her to share her experience Anya 1-off Cosmetics maven to 1+ who replenishes Purchasers monthly 7 © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
  • 8. AND THE BEST PART, WE KNOW THIS WORKS! Phase 2 - Dynamic Targeting, Advanced Segmentation 1,400,000 1,200,000 Phase 1 - Dynamic Targeting Last Action 1,000,000 Impressions Baseline Funnel 688,414 800,000 600,000 Incremental 400,000 395,838 312,479 Contribution 200,000 4X 156,239 0 112,155 46,731 102,518 Clicked 42,716 on Ad Engaged with Content Clicked on 1.41% “Where to Buy” 45.39% 0.81% 35.89% Referred 39.47% to Partner Site 0.35% 29.91% 25.22% 91.41% 19.94% Each customer, based on her past shopping experience is treated to different, more relevant content to re-engage or keep her engaged 8 © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
  • 9. HOW DO WE DO IT? ‣ Get to know your customers through research and studies ‣ Capture all interactions (whenever possible), and link them ‣ Create customer profiles through business aligned characteristics and behavioral analysis, then define both single and multichannel segments ‣ Create an experience strategy to get the right experience and message to the customer at the right time (IN THE RIGHT CHANNEL) ‣ Take a crawl, walk, run approach by starting with a single channel and evolve from there 9 © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
  • 10. REAL WORLD PERSONAS The The Hunter (unexpected) Indulgent The Family Fashion Icon Shopper 10 © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
  • 11. INTEGRATED TRACKING AND TAGGING STRATEGY Microsite Social Data Online Video Call Center Enterprise Experience Display Website POS Bill/Receipt Search Pinterest Twitter Data Plan Statements Email Broadcast Geolocation Account Tenure Mobile Games 3rd Party Social 3rd Party Preferences TV/Radio Tablet Organic 11 © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
  • 12. IDENTIFY YOUR CUSTOMERS ACROSS CHANNELS Universal  Identifier Ad Server Website  Transaction Customer  Device Email Identifier Identifier Identifier Identifier Identifier Identifier 12 © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
  • 13. FOCUS ON CHARACTERISTICS THAT MATTER MOST • 3rd Party • CRM / Offline Data • Social Universal Identifier • Loyalty • Location Based Data • Site engagement • Ad server The 7 characteristics result in over 39,000 possible segments. 4 9 2 13 7 3 2 Influencer Categories Time Loyalty Average Order In Store Consumer Types Recently Windows Tiers Sizes Purchase Types Types Viewed 13 © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
  • 14. ANALYTICAL BUILDING BLOCKS Sessionization Paths Attribution Associative Regression Analysis Analysis 14 © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
  • 15. MULTI-CHANNEL AWARE TARGETING PLATFORM Data Channel Specific Management, Channel Offers Data Acquisition Targeting Analytics & Segmentation Ad Serving Publisher Ad Exchange MapReduce Processing Client Site Client Site Data Classification & Offers Targeting Stewardship Offline Customer Demo, 3rd Party & Behavioral Data Email Email Lists Targeting & Offers Advanced Audience Centric Online Customer Segmentation Data Warehouse Behavioral Data Call Center Analysis Call Center Targeting (w/ in-database Offers analytics) Social Media Channel Performance Social Media Targeting Feedback Offers Channel Tracking 15 © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.
  • 16. Thank You Matthew Comstock VP Data & Analytics Razorfish Platforms - Fluent matthew.comstock@razorfish.com 16 © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.