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LEVERAGING ANALYTICS TO IMPROVE
                                                                                       CUSTOMER EXPERIENCE
                                                                                                BRIAN VELLMURE - @BRIANVELLMURE
                                                                                                         WILSON RAJ - @WILSONRAJ




                                                                                                                                   #SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
POLL QUESTION
                                                                                                ANALYTICS MATURITY IN IMPROVING CXP
                                     #1

                                                                                                A. Early: We’re just beginning our journey.

                                                                                                B. Basic: We’re using basic analytics on customer data
                      How would you                                                             e.g. customer interactions/transaction data, and review
                         rate your                                                              reports quarterly/annually.
                      organization’s
                        maturity in                                                             C. Advanced: We’ve consolidated a near real-time
                        leveraging                                                              dashboard of multiple sources of internal and external
                       analytics to                                                             data, and use it to adjust/respond to customer
                       improve the                                                              preferences on at least a quarterly basis.
                         customer
                       experience?                                                              D. Cutting edge: We’re leveraging real-time analytics
                                                                                                on unstructured and unstructured data across most
                                                                                                channels to dynamically impact our customer
                                                                                                interactions and offers in near real-time.


#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
POLL QUESTION
                                                                                                MERGING EXISTING DATA WITH NEW SOURCES
                                     #2


                                                                                                A. Social Media

                                                                                                B. Other digital unstructured data
          If you could gain
            access to and                                                                       C. External structured data
              merge your
          existing data with                                                                    D. Sensor data
            just one of the
                                                                                                E. RFID data
            following data
         sources by the end                                                                     F. Geo-location data
          of the year, which
         would you choose?                                                                      G. Audio data

                                                                                                H. Video data

                                                                                                I.   Image data


#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
WAYS TO GET STARTED …
                                                                                                ANALYTICS-POWERED CUSTOMER EXPERIENCE




C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
BUSINESS IMPACT CUSTOMER EXPERIENCE & FINANCIAL IMPACTS




                                                                                                @wilsonraj

#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
CUSTOMER LIFE
                                                 NOT THE TRADITIONAL FUNNEL …
                                          CYCLE




      Source: McKinsey’s The Consumer Decision Journey                                          @wilsonraj

#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
CUSTOMER LIFE
                                                 DIFFERENT CONTEXT FOR CUSTOMER & FIRM
                                          CYCLE




Source: Forrester Research                                                                      @wilsonraj

#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
CUSTOMER VALUE ALIGNMENT ACROSS THE CUSTOMER JOURNEY




  Source: Forrester Research                                                                    @wilsonraj

#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
POLL QUESTION
                                                                                                YOUR MARKETING PRIORITIES FOR CXP
                                     #3




                                                                                                A. Discover: word of mouth, advertising, distribution,
                                                                                                etc.

             What phase of the
                                                                                                B. Explore: content placement, test campaigns,
             customer journey
                                                                                                package design, etc.
             as you prioritizing
             as the focus area
                                                                                                C. Buy: site/store design, pricing/promos, campaigns,
                for customer
                                                                                                merchandising, etc.
                experience?

                                                                                                D. Engage: Communities, loyalty programs, re-
                                                                                                marketing, support, etc.




                                                                                                                                                     @wilsonraj

#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
ANALYTICS & CXP ANALYTICS IN CUSTOMER JOURNEY – DISCOVER




                          Customer                                                              Goal                Analytics
                          Journey Stage
                          DISCOVER                                                              Profile customers   Segmentation
                                                                                                Evaluate            Lead scoring
                                                                                                prospects
                                                                                                Reach right         Acquisition models
                                                                                                prospects



                                                                                                                                   @wilsonraj

#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
ANALYTICS & CXP ANALYTICS THE CUSTOMER JOURNEY – EXPLORE




                              Customer                                                          Goal               Analytics
                              Journey Stage
                              EXPLORE                                                           Analyze customer   Offer/contact
                                                                                                response           optimization
                                                                                                Optimize           Marketing mix
                                                                                                marketing mix      modeling
                                                                                                Test marketing     A/B, multivariate
                                                                                                                   testing



                                                                                                                                  @wilsonraj

#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
ANALYTICS & CXP ANALYTICS IN THE CUSTOMER JOURNEY – BUY




                           Customer                                                             Goal                Analytics
                           Journey Stage
                           BUY                                                                  Predict future      Propensity models
                                                                                                behavior
                                                                                                Target accurately   Segmentation,
                                                                                                                    valuation models
                                                                                                Personalize         Next best action
                                                                                                marketing           models



                                                                                                                                  @wilsonraj

#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
ANALYTICS & CXP ANALYTICS IN THE CUSTOMER JOURNEY – ENGAGE




                           Customer Journey                                                     Goal                    Analytics
                           Stage
                           ENGAGE                                                               Expand breadth of       Cross-sell/upsell
                                                                                                customer interactions
                                                                                                Increase depth of       Loyalty models
                                                                                                customer interactions
                                                                                                Incorporate customer    Voice of customer
                                                                                                feedback                analysis
                                                                                                Manage customer         Churn/attrition models
                                                                                                attrition/defection
                                                                                                Maximize customer       Lifetime value models
                                                                                                value


                                                                                                                                            @wilsonraj


C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
BRAND
                                                                                                4 C’S OF CUSTOMER CENTRIC BRAND
                                PERFORMANCE




             Single “experience
             channel” vs. multi-
               or cross-channel




                                                                                                                                  @wilsonraj

#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
POLL QUESTION
                                                                                                BIG DATA AND CUSTOMER EXPERIENCE
                                     #4




              Are you able to                                                                   A. All or most of the time
            capture structured
             and unstructured                                                                   B. Some of the time
            data and integrate
                 with your                                                                      C. When we can
                marketing
               processes?                                                                       D. Not currently able to do it




                                                                                                                                   @wilsonraj

#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
DATA STRATEGY A CONNECTED STRATEGY FOR CUSTOMER EXPERIENCE




                                                                                                Structured   Rational needs
                                                                                                             Information,
                                                                                                             Transaction, Service




                              Semi-structured
                                                                                                                                                 CxP




                                                                                                              Emotional needs
                                                                               Unstructured                   Belonging, Identity, Aspiration,
                                                                                                              Performance, Knowledge




Sources: Work·Play·Experience I Forrester Blog--Kerry Bodine, April 2, 2012 | SAS
                                                                                                                                                       @wilsonraj

#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
INTEGRATION MAKING ANALYTICS “CUSTOMER & MARKETING AWARE”




                                       Strategy & planning                                      Information & analytics       Orchestration & interaction         Customer experience
                                       Setting the right focus                                  360 view with deep insights   Optimized multi channel execution   Relevance, Authenticity




                                                                                                                                                                                      @wilsonraj

#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
ANALYTICS +
                                                        CUSTOMER INTELLIGENT MARKETING WITH BUSINESS RESULTS
                                                       EXPERIENCE




                                            MEDIA EFFECTIVENESS
                                            “A global retail bank cut its                                CUSTOMER                         CUSTOMER EXPERIENCE
                                            online media spend by 10%                                    ENGAGEMENT                     “You delivered insight in 4 weeks
                                            and increased target                                                                        that 2 Web Analytics vendors failed
                                            audience numbers by 500%”                                     “We measured a twofold
                                                                                                          improvement in customer       to give us in 2 years, saving us $Ms
                                                                                         Acquisition                                    on unnecessary infrastructure costs”
                                                                                                          engagement in just 3
                                                                                                          months.”
                                                                                                                                                           Self-service
                                                                                                          Loyalty


                                                                                                       TARGETED
                                                                                                       OFFERS
                                                                                                       Actionable event triggers will
                                                                                                       deliver a 1-2% reduction in
                                                                                                       abandonment that will result
                                                                                                       in additional revenue of
                                                                                                       €8Million / year
                                                                                                                        Conversion




                                                                                                                                                                               @wilsonraj

#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
CONCLUSION                                         KEY TAKEAWAYS

                                                                                                •   Customer experience is THE strategic
                                                                                                    DIFFERENTIATOR

                                                                                                •   Customer experience as ONE STRATEGY across
                                                                                                    all media focused on the CUSTOMER and
                                                                                                    CONTEXT
                                                                                                    • Align customer journey to marketing process
              “Future-proof your
                                                                                                    • Construct your marketing process for NOT JUST
                      business”
                                                                                                      customer impact, but also operational and financial
                                                                                                      impacts
                                                                                                •   ENRICH existing data with NEW SOURCES

                                                                                                •   Move from REPORTING to PREDICTIVE to
                                                                                                    TRANSFORMATIVE Analytics

                                                                                                                                                       @wilsonraj

#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
QUESTIONS?




                                                                                                             #sasci

C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
CONTINUE THE
                                                  RESOURCES FOR SLIDESHARE VIEWERS
                                     CONVERSATION


•         Check out this conclusions paper summarizing the discussion:
                               Leverage Marketing Analytics to Improve Customer Experience
                               • Register here: http://go.sas.com/62nxjz



•              Engage on our blogs:
                               Thought Leadership: The Knowledge Exchange
                                         http://www.sas.com/knowledge-exchange/customer-intelligence

                               Marketing Practitioners’ Views: Customer Analytics Blog
                                         http://blogs.sas.com/content/customeranalytics/

                               Brian Vellmure: Value Creator
                                         http://www.brianvellmure.com


•         Follow us on Twitter: @SAS_CI
                                         http://twitter.com/SAS_CI



#SASCI
C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .

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Leveraging Marketing Analytics to Improve Customer Experience

  • 1. LEVERAGING ANALYTICS TO IMPROVE CUSTOMER EXPERIENCE BRIAN VELLMURE - @BRIANVELLMURE WILSON RAJ - @WILSONRAJ #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 2. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 3. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 4. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 5. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 6. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 7. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 8. POLL QUESTION ANALYTICS MATURITY IN IMPROVING CXP #1 A. Early: We’re just beginning our journey. B. Basic: We’re using basic analytics on customer data How would you e.g. customer interactions/transaction data, and review rate your reports quarterly/annually. organization’s maturity in C. Advanced: We’ve consolidated a near real-time leveraging dashboard of multiple sources of internal and external analytics to data, and use it to adjust/respond to customer improve the preferences on at least a quarterly basis. customer experience? D. Cutting edge: We’re leveraging real-time analytics on unstructured and unstructured data across most channels to dynamically impact our customer interactions and offers in near real-time. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 9. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 10. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 11. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 12. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 13. POLL QUESTION MERGING EXISTING DATA WITH NEW SOURCES #2 A. Social Media B. Other digital unstructured data If you could gain access to and C. External structured data merge your existing data with D. Sensor data just one of the E. RFID data following data sources by the end F. Geo-location data of the year, which would you choose? G. Audio data H. Video data I. Image data #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 14. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 15. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 16. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 17. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 18. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 19. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 20. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 21. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 22. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 23. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 24. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 25. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 26. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 27. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 28. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 29. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 30. #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 31. WAYS TO GET STARTED … ANALYTICS-POWERED CUSTOMER EXPERIENCE C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 32. BUSINESS IMPACT CUSTOMER EXPERIENCE & FINANCIAL IMPACTS @wilsonraj #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 33. CUSTOMER LIFE NOT THE TRADITIONAL FUNNEL … CYCLE Source: McKinsey’s The Consumer Decision Journey @wilsonraj #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 34. CUSTOMER LIFE DIFFERENT CONTEXT FOR CUSTOMER & FIRM CYCLE Source: Forrester Research @wilsonraj #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 35. CUSTOMER VALUE ALIGNMENT ACROSS THE CUSTOMER JOURNEY Source: Forrester Research @wilsonraj #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 36. POLL QUESTION YOUR MARKETING PRIORITIES FOR CXP #3 A. Discover: word of mouth, advertising, distribution, etc. What phase of the B. Explore: content placement, test campaigns, customer journey package design, etc. as you prioritizing as the focus area C. Buy: site/store design, pricing/promos, campaigns, for customer merchandising, etc. experience? D. Engage: Communities, loyalty programs, re- marketing, support, etc. @wilsonraj #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 37. ANALYTICS & CXP ANALYTICS IN CUSTOMER JOURNEY – DISCOVER Customer Goal Analytics Journey Stage DISCOVER Profile customers Segmentation Evaluate Lead scoring prospects Reach right Acquisition models prospects @wilsonraj #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 38. ANALYTICS & CXP ANALYTICS THE CUSTOMER JOURNEY – EXPLORE Customer Goal Analytics Journey Stage EXPLORE Analyze customer Offer/contact response optimization Optimize Marketing mix marketing mix modeling Test marketing A/B, multivariate testing @wilsonraj #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 39. ANALYTICS & CXP ANALYTICS IN THE CUSTOMER JOURNEY – BUY Customer Goal Analytics Journey Stage BUY Predict future Propensity models behavior Target accurately Segmentation, valuation models Personalize Next best action marketing models @wilsonraj #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 40. ANALYTICS & CXP ANALYTICS IN THE CUSTOMER JOURNEY – ENGAGE Customer Journey Goal Analytics Stage ENGAGE Expand breadth of Cross-sell/upsell customer interactions Increase depth of Loyalty models customer interactions Incorporate customer Voice of customer feedback analysis Manage customer Churn/attrition models attrition/defection Maximize customer Lifetime value models value @wilsonraj C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 41. BRAND 4 C’S OF CUSTOMER CENTRIC BRAND PERFORMANCE Single “experience channel” vs. multi- or cross-channel @wilsonraj #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 42. POLL QUESTION BIG DATA AND CUSTOMER EXPERIENCE #4 Are you able to A. All or most of the time capture structured and unstructured B. Some of the time data and integrate with your C. When we can marketing processes? D. Not currently able to do it @wilsonraj #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 43. DATA STRATEGY A CONNECTED STRATEGY FOR CUSTOMER EXPERIENCE Structured Rational needs Information, Transaction, Service Semi-structured CxP Emotional needs Unstructured Belonging, Identity, Aspiration, Performance, Knowledge Sources: Work·Play·Experience I Forrester Blog--Kerry Bodine, April 2, 2012 | SAS @wilsonraj #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 44. INTEGRATION MAKING ANALYTICS “CUSTOMER & MARKETING AWARE” Strategy & planning Information & analytics Orchestration & interaction Customer experience Setting the right focus 360 view with deep insights Optimized multi channel execution Relevance, Authenticity @wilsonraj #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 45. ANALYTICS + CUSTOMER INTELLIGENT MARKETING WITH BUSINESS RESULTS EXPERIENCE MEDIA EFFECTIVENESS “A global retail bank cut its CUSTOMER CUSTOMER EXPERIENCE online media spend by 10% ENGAGEMENT “You delivered insight in 4 weeks and increased target that 2 Web Analytics vendors failed audience numbers by 500%” “We measured a twofold improvement in customer to give us in 2 years, saving us $Ms Acquisition on unnecessary infrastructure costs” engagement in just 3 months.” Self-service Loyalty TARGETED OFFERS Actionable event triggers will deliver a 1-2% reduction in abandonment that will result in additional revenue of €8Million / year Conversion @wilsonraj #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 46. CONCLUSION KEY TAKEAWAYS • Customer experience is THE strategic DIFFERENTIATOR • Customer experience as ONE STRATEGY across all media focused on the CUSTOMER and CONTEXT • Align customer journey to marketing process “Future-proof your • Construct your marketing process for NOT JUST business” customer impact, but also operational and financial impacts • ENRICH existing data with NEW SOURCES • Move from REPORTING to PREDICTIVE to TRANSFORMATIVE Analytics @wilsonraj #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 47. QUESTIONS? #sasci C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .
  • 48. CONTINUE THE RESOURCES FOR SLIDESHARE VIEWERS CONVERSATION • Check out this conclusions paper summarizing the discussion: Leverage Marketing Analytics to Improve Customer Experience • Register here: http://go.sas.com/62nxjz • Engage on our blogs: Thought Leadership: The Knowledge Exchange http://www.sas.com/knowledge-exchange/customer-intelligence Marketing Practitioners’ Views: Customer Analytics Blog http://blogs.sas.com/content/customeranalytics/ Brian Vellmure: Value Creator http://www.brianvellmure.com • Follow us on Twitter: @SAS_CI http://twitter.com/SAS_CI #SASCI C op yr i g h t © 2 0 1 2 , S A S I n s t i t u t e I n c . A l l r i g h t s r es er v e d .