Despite concerns about economic growth, Chinese consumers keep spending. They are becoming more selective about where they spend their money, shifting from products to services and from mass to premium segments, from offline to online. How can we tap the shift in consumerism in China with intelligent and creative database marketing?
6. Innovation · Growth · Share
“Radica Data Lab” Established in 2014
In co-operation with Tongyi Industrial Group Center for Electronics
Commerce, Hong Kong University of Science & Technology
Advisors:
Prof. KY Tam (HKUST), Prof. Michael Zhang (HKUST), Prof. SC Cheung
(HKIST), Francis Kwok (Radica), Gabriel Leung (EMC), Titania Kwan
(Engage Digital Consul?ng)
We aim to perform innova?ve research on big data analysis
and put findings into prac?ce.
7. Innovation · Growth · Share
Customer Data Has Monetary Value but Too Many
Organiza?ons Ignore It
Gartner Business Intelligence & Analy?cs Summit, October 2015
12. Innovation · Growth · Share
The line between Online and Offline Shopping becomes blurring !
• The Trigger
• Research & evaluate
• Conver?ng
• Post purchase
reviews
13. Innovation · Growth · Share
Two-thirds of Chinese consumers think shopping is the
best way to spend time with family
15. Innovation · Growth · Share
Common obstacle: Islands of data
E-commerce site
Retail Store
Social Media
Membership
Database
16. Innovation · Growth · Share
Goal : Unify all online & offline data into a single platform
E-commerce site
Retail Store
Social Media
Membership
Database
17. Innovation · Growth · Share
Completing the Customer Journey!
Customer
DB
Portal for
members
eDM,SMS
O2O.CRM
Event
Call center
Campaign/
Event mgmt.
Report
Member
Mgmt.
Login
Login
Login
Data Sync
Call
Record
Customer
Login
Abbott User CustomerSystem linkage
Marketing
CRM
CS
Post
Mgmt.
WeChat
Mgmt.
21. Innovation · Growth · Share
(Offline to Online to Offline)
Galaxy Macau: Offline behavior > Wechat > Offline offer
22. Innovation · Growth · Share
(Offline to Online to Offline)
Galaxy Macau: Offline behavior > Wechat > Offline offer
23. Innovation · Growth · Share
GEG Privilege Club Social Engagement via WeChat!
• Binding with GPC account to
wechat
• Privilege points, latest
exclusive events & gi_s all
within WeChat
• Social engagement tracking
enriching customer profile
24. Innovation · Growth · Share
Member Portal and eCoupon Redemption!
- Binding with WeChat Service Account!
25. Innovation · Growth · Share
Goal: Promote Credit Card
Installment Loan via SMS direct
marke?ng
Challenge: How to determine who
are more likely to take the offer?
Customer base = 8,000,000
SMS daily limit = 300,000
Classic Example: Big Data Enhances Marketing Effectiveness!
28. Innovation · Growth · Share
Results Assessment – Response Rate↑68.6% Service Fee↑61.7%
4th
Paradigm
Model
SMS Response Rate
Vincio
Model
4th
Paradigm
Model
Vincio
Model
Service Fee per SMS
With same SMS#, Radica Model VS Tradi6onal Model:
ü 68.6% improvement in response rate
ü A Rise of 61.7% in Service Fee per SMS
*1. Data based on amount on 21st, 22nd Jan
2. Apply 4th Paradigm Price-first Model
(Response-first Model shown as doRed)
Results !
33. Innovation · Growth · Share
Access to RiMANGGIS
• Access via any web
browser (chrome, safari,
IE, etc.)
• Interface in EN, TC or SC
• Unlimited users