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The Big Data Black Hole

@Expion / @albert4waves
The Customer

@Expion / @albert4waves
Wages Are Not Rising

@Expion / @albert4waves
Dollars Available = Shrinking

@Expion / @albert4waves
The Rise of Mobile

@Expion / @albert4waves
The Collaborative Economy

@Expion / @albert4waves
Customers Have More Information

@Expion / @albert4waves
Data Tools and Their Focus

@Expion / @albert4waves
Display Advertising

@Expion / @albert4waves
Email

@Expion / @albert4waves
Web Personalization

@Expion / @albert4waves
Web Optimization

@Expion / @albert4waves
This is not innovation… this is SOP

@Expion / @albert4waves
Where Your Data Needs to Be

@Expion / @albert4waves
What you are asking, “How do I…”
•
•
•
•

@Expion / @albert4waves
But the customer wants to know…
•
•
•
•

@Expion / @albert4waves
Make my life better

@Expion / @albert4waves
Make it right if it sucks

@Expion / @albert4waves
Go the extra mile

@Expion / @albert4waves
Ask Yourself, “Why is my data
not working for me?”

@Expion / @albert4waves
You think you need more…

@Expion / @albert4waves
You are not aware of Miller’s Law

@Expion / @albert4waves
You are trying to be Nate Silver

@Expion / @albert4waves
You rely entirely on data to predict
customer needs…

@Expion / @albert4waves
You don’t know what’s important

@Expion / @albert4waves
If business results were dependent
on data, then how come?

@Expion / @albert4waves
Most businesses don’t have a
data problem, they have a
distribution problem

@Expion / @albert4waves
Innovation and Instincts can
be Stronger than Data

@Expion / @albert4waves
Thin Slicing
•

•
–
–

@Expion / @albert4waves
What would make this more scary?

@Expion / @albert4waves
Case: Blake Mycoskie

@Expion / @albert4waves
Case: Nick Woodman

@Expion / @albert4waves
Case: Sara Blakely

@Expion / @albert4waves
Analyze total but distribute local
VOICE OF CUSTOMER (CEM)
E-mails
Surveys

Chat
Online Feedback
Call Center
Transactions
Facebook
Twitter
Social:
G+, Youtube, Insttagram, Pinterest, Tumlblr, …

Ratings & Review

Online Communities
Blogs
Voice Transcriptions

@Expion / @albert4waves

T
R
A
N
S
F
O
R
M
A
T
I
O
N

STAKEHOLDERS
Product Management
Operations
Customer Care
Sales & Marketing

Content
Optimization
and
Distribution

Human Resources
Executives
Research and
Development
The Future Will Be Won By…
•
•
•

@Expion / @albert4waves
Thank You

@Expion / @albert4waves

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Big Data Black Hole

Hinweis der Redaktion

  1. http://www.musanim.com/miller1956/The rate you can receive and process information diminishes greatly after 7 points of information.
  2. The accuracy of his November 2008 presidential election predictions—he correctly predicted the winner of 49 of the 50 states—won Silver further attention and commendation. The only state he missed was Indiana, which went for Barack Obama by one percentage point. He correctly predicted the winner of all 35 U.S. Senate races that year.Data has more capability to prove the short term, but not necessarily the long term. A Binary Outcome.
  3. Formula Builder by User to Show Fan Count and by Keyword