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Confidential ©2015 Revionics, Inc.
Key Components of a Winning
Promotional Strategy
Moderator: Mark Schwans, Senior Director Solution Marketing
Speaker: Becky Gilman, Senior Manager Solutions Marketing
Speaker: Diana Mitten, Director Product Management
Confidential ©2015 Revionics, Inc.
We want your feedback!
Survey Offer:
Everyone who completes the survey at the
conclusion of today’s live event will be entered
into a drawing to win a new Kindle Fire HD
All survey respondents are eligible, no purchase necessary
Confidential ©2015 Revionics, Inc.
Today’s Webinar Panelists
Live Tweet today’s webinar:
#RevionicsLive
Mark Schwans
Senior Director of Solution Marketing
Revionics
Moderator:
Speaker:
Becky Gilman
Senior Manager of Solution Marketing
Revionics
Diana Mitten
Director of Product Management
Revionics
Confidential ©2015 Revionics, Inc.
Key Components of a Winning
Promotional Strategy
Moderator: Mark Schwans, Senior Director Solution Marketing
Speaker: Becky Gilman, Senior Manager Solutions Marketing
Speaker: Diana Mitten, Director Product Management
Confidential ©2015 Revionics, Inc. 5
Missed Opportunities in Technology
Live Tweet today’s webinar:
#RevionicsLive
Confidential ©2015 Revionics, Inc. 6
Complexity Ruins Results
Live Tweet today’s webinar:
#RevionicsLive
Confidential ©2015 Revionics, Inc.
Weakens
Loyalty
7
Counter-Intuitive Promotions
Ineffective Promotions are Counter-Intuitive to Staying Competitive
Live Tweet today’s webinar:
#RevionicsLive
Confidential ©2015 Revionics, Inc.
Data Insights Driving Optimal Actions
Source: Forbes / Turn, January 2015
Leaders demonstrate far
greater insight and
flexibility to makes changes
to their marketing efforts.
Confidential ©2015 Revionics, Inc.
Above & Beyond Traditional Planning
9
SIMULATE
UTILIZE THE RIGHT
VEHICLE MIX
Providing insight into which vehicles are best suited for the promotion
Effectively balancing strategy and goals
Ensuring campaigns & events are on track before execution
SOCIAL
AMPLIFICATION
Using word-of-mouth effectively
RESPOND Taking action on in-flight promos
VALIDATE
Confidential ©2015 Revionics, Inc. 10
Getting the Right Vehicle Mix
Understanding How Each Vehicle Contributes to the Overall Lift
One Lift Factor
45% Lift
8% Lift
14% Lift
33% Lift
Confidential ©2015 Revionics, Inc. 11
Tech Balancing Performance & Strategy
Performance Data
Promotional Uplift
Cross-Item Impacts
Competitive Insights
Strategy & Targets
Price Sensitivity
Vehicles
Product Set &
New Items
LEVERAGE DATA FOR OPTIMIZED
OFFER RECOMMENDATION
IMPROVING NEGOTIATIONS FOR
STRONGER DEALS
PROMOTIONAL FORECASTS TO
TRACK AGAINST TARGETS
Confidential ©2015 Revionics, Inc. 12
Ensuring Success Throughout Process
FORECASTING
ACCURATE & REAL-TIME
VISIBILITY
CAMPAIGNS & VEHICLES
Source: Forbes, Rise of the New Marketing Organization, 2015
Confidential ©2015 Revionics, Inc. 13
Realizing the Full Potential of Social Media
Source: Ogilvy, June 2014
Consumers say WOM
is a key influencer in
their purchasing decision.
74%
NEEDS
FULLY INTEGRATED
UTILIZE LOYAL CUSTOMER BASE
RIGHT OFFERS
RIGHT PRODUCTS
RESULTS
STRENGTHEN CUSTOMER ALLEGIANCE
ESTABLISH NEW RELATIONSHIPS
BROADEN SOCIAL REACH
Confidential ©2015 Revionics, Inc. 14
Responding Now & Responding Later
Be Flexible
Take
Action
Stay
Ahead
Update
Models
Adjust
Plans
Continuous
Learning
Confidential ©2015 Revionics, Inc.
• Missed opportunities with technology
– Extremely complex and highly visible
– That’s what will set you apart from the competition
• Take advantage of the tools available to make those
decisions even better
– Optimal efficiency
– Transparency & collaboration
– Promotions become truly strategic
• Should make life easier, not harder
15
Key Take-Aways
Confidential ©2015 Revionics, Inc.
Questions?
If we are not able to get to your question today,
please email them to info@revionics.com
16
Confidential ©2015 Revionics, Inc.
Reminder - We want your feedback!
Survey Offer:
Everyone who completes the survey at the
conclusion of today’s live event will be entered
into a drawing to win a new Kindle Fire HD
All survey respondents are eligible, no purchase necessary
Confidential ©2015 Revionics, Inc.
Key Components of a Winning
Promotional Strategy
Moderator: Mark Schwans, Senior Director Solution Marketing
Speaker: Becky Gilman, Senior Manager Solutions Marketing
Speaker: Diana Mitten, Director Product Management

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Revionics key components of a winning promotional strategy - oct 2015

  • 1. Confidential ©2015 Revionics, Inc. Key Components of a Winning Promotional Strategy Moderator: Mark Schwans, Senior Director Solution Marketing Speaker: Becky Gilman, Senior Manager Solutions Marketing Speaker: Diana Mitten, Director Product Management
  • 2. Confidential ©2015 Revionics, Inc. We want your feedback! Survey Offer: Everyone who completes the survey at the conclusion of today’s live event will be entered into a drawing to win a new Kindle Fire HD All survey respondents are eligible, no purchase necessary
  • 3. Confidential ©2015 Revionics, Inc. Today’s Webinar Panelists Live Tweet today’s webinar: #RevionicsLive Mark Schwans Senior Director of Solution Marketing Revionics Moderator: Speaker: Becky Gilman Senior Manager of Solution Marketing Revionics Diana Mitten Director of Product Management Revionics
  • 4. Confidential ©2015 Revionics, Inc. Key Components of a Winning Promotional Strategy Moderator: Mark Schwans, Senior Director Solution Marketing Speaker: Becky Gilman, Senior Manager Solutions Marketing Speaker: Diana Mitten, Director Product Management
  • 5. Confidential ©2015 Revionics, Inc. 5 Missed Opportunities in Technology Live Tweet today’s webinar: #RevionicsLive
  • 6. Confidential ©2015 Revionics, Inc. 6 Complexity Ruins Results Live Tweet today’s webinar: #RevionicsLive
  • 7. Confidential ©2015 Revionics, Inc. Weakens Loyalty 7 Counter-Intuitive Promotions Ineffective Promotions are Counter-Intuitive to Staying Competitive Live Tweet today’s webinar: #RevionicsLive
  • 8. Confidential ©2015 Revionics, Inc. Data Insights Driving Optimal Actions Source: Forbes / Turn, January 2015 Leaders demonstrate far greater insight and flexibility to makes changes to their marketing efforts.
  • 9. Confidential ©2015 Revionics, Inc. Above & Beyond Traditional Planning 9 SIMULATE UTILIZE THE RIGHT VEHICLE MIX Providing insight into which vehicles are best suited for the promotion Effectively balancing strategy and goals Ensuring campaigns & events are on track before execution SOCIAL AMPLIFICATION Using word-of-mouth effectively RESPOND Taking action on in-flight promos VALIDATE
  • 10. Confidential ©2015 Revionics, Inc. 10 Getting the Right Vehicle Mix Understanding How Each Vehicle Contributes to the Overall Lift One Lift Factor 45% Lift 8% Lift 14% Lift 33% Lift
  • 11. Confidential ©2015 Revionics, Inc. 11 Tech Balancing Performance & Strategy Performance Data Promotional Uplift Cross-Item Impacts Competitive Insights Strategy & Targets Price Sensitivity Vehicles Product Set & New Items LEVERAGE DATA FOR OPTIMIZED OFFER RECOMMENDATION IMPROVING NEGOTIATIONS FOR STRONGER DEALS PROMOTIONAL FORECASTS TO TRACK AGAINST TARGETS
  • 12. Confidential ©2015 Revionics, Inc. 12 Ensuring Success Throughout Process FORECASTING ACCURATE & REAL-TIME VISIBILITY CAMPAIGNS & VEHICLES Source: Forbes, Rise of the New Marketing Organization, 2015
  • 13. Confidential ©2015 Revionics, Inc. 13 Realizing the Full Potential of Social Media Source: Ogilvy, June 2014 Consumers say WOM is a key influencer in their purchasing decision. 74% NEEDS FULLY INTEGRATED UTILIZE LOYAL CUSTOMER BASE RIGHT OFFERS RIGHT PRODUCTS RESULTS STRENGTHEN CUSTOMER ALLEGIANCE ESTABLISH NEW RELATIONSHIPS BROADEN SOCIAL REACH
  • 14. Confidential ©2015 Revionics, Inc. 14 Responding Now & Responding Later Be Flexible Take Action Stay Ahead Update Models Adjust Plans Continuous Learning
  • 15. Confidential ©2015 Revionics, Inc. • Missed opportunities with technology – Extremely complex and highly visible – That’s what will set you apart from the competition • Take advantage of the tools available to make those decisions even better – Optimal efficiency – Transparency & collaboration – Promotions become truly strategic • Should make life easier, not harder 15 Key Take-Aways
  • 16. Confidential ©2015 Revionics, Inc. Questions? If we are not able to get to your question today, please email them to info@revionics.com 16
  • 17. Confidential ©2015 Revionics, Inc. Reminder - We want your feedback! Survey Offer: Everyone who completes the survey at the conclusion of today’s live event will be entered into a drawing to win a new Kindle Fire HD All survey respondents are eligible, no purchase necessary
  • 18. Confidential ©2015 Revionics, Inc. Key Components of a Winning Promotional Strategy Moderator: Mark Schwans, Senior Director Solution Marketing Speaker: Becky Gilman, Senior Manager Solutions Marketing Speaker: Diana Mitten, Director Product Management