A recent presentation shared at the ANA by Michael Lummus (@lummusm) - this presentation discusses the state of marketing and loyalty today. It provides numerous examples and case studies of companies such as Proctor and Gamble and the International Speedway Corporation (ISC) that have found success via data-driven marketing strategies. Learn how to integrate your content and maintain relevancy to achieve success!
13. 50% of consumers are
open to any auto brand
when they begin the
shopping process
79% of car shoppers
research vehicles online
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14. OtterBox:
A case study - building a loyal
customer base for a premium product
in a commoditized market
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15. Building Brand Loyalty
1. Connect with Customers
2. Anticipate Needs
3. Consistently Deliver on Quality
Curt Richardson
Founder and CEO, Otterbox
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19. Marketers Under Pressure
of marketers feel pressure to
become more data-driven
Source: Teradata Data-Driven Marketing Survey 2013, Global
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20. Marketers and Data
of marketers believe that data is
their company’s most
underutilized asset
Source: Teradata Data-Driven Marketing Survey 2013, Global
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21. Efficiency in Marketing
of marketing departments
have embedded a data-driven
marketing culture into their
standard processes
Source: Teradata Data-Driven Marketing Survey 2013, Global
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23. 98%
of marketers said
data-driven marketing
contributed to a better
business result,
more revenue or
competitive advantage
Source: Teradata Data-Driven
Marketing Survey 2013, Global
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25. Data-Driven Marketing drives business results.
800% Total ROI
20% increase in conversion rates
50% reduction in catalog circulation
while increasing revenue
27% uplift in sales per email
UK Marketing Week
award for best
“Data-Driven Marketing”
Learn more: http://www.teradata.com/video/Integration-unleashes-the-power-of-online-data/
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26. Data-Driven Marketing: How Do You Do It?
affinity
conversion path
delivery
customer
behavior
compliance
purchase
EXPLORE
Customer data
to develop
new insights
response
attribution
ENGAGE
With the right
message in the
right channel
spend
governance
process
website
segmentation
mobile
decision
social
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preference
offer
27. Insight begins when we develop a brand understanding
of the customer.
Capture behavioral response across digital journey
Tie the digital journey with the offline
channels
Connect interactions with purchases
Match the customer’s digital journey with
their transaction history the customer data from various sources
Manage and access
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29. Marketing Trends
71%
18%
Just 18% of
marketers have a
single view of the
customer…but it is
considered a top
priority for future
investment
<10%
Less than
10% of
marketers use
their data in a
systematic
way
71% of
marketers will
implement a big
data solution
within the next
2 years
Source: Teradata Data-Driven Marketing Survey 2013, Global
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30. “We have business with 4.8 billion
consumers, and we'd like to think that we
can have a relationship with each. And
yet where we were, our relationships
were very fractured. With our brands and
our countries, we had a lot of different
methods and systems and processes to
track that consumer data and the
relationship. And there was really no
way that we could keep on top of that.“
Tim Butler, Director
Consumer Solutions, Global Business Services
Procter & Gamble
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31. Procter & Gamble’s 1, Consumer Place
“It's the idea of the home for consumer data.”
$84 Billion
Sales
4.8 Billion
Consumers
Integrated
Consistent
180 Countries
Secure
50 Leadership
Brands
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33. Competitive advantage is gained by uncovering and reacting to unique
insights about customer behavior.
Align experience design with customer journeys
Develop behavioral models incorporating actions and affinities
Manage revenue with campaigns aligns to conversion events
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36. Integrate Social Preference for Segment Profiling
Brands “Liked”
Segment
A
Segment
B
Media “Liked”
Segment
A
Segment
B
• Segment or populate
dynamic content based
on brand or product
preference
• Better understand
customer
psychographics
• Inform media spend
• Identify predictive
purchase indicators
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37. Marketers are shifting their thinking from the
Funnel to the Path.
Consumers don’t move neatly down a funnel in a single channel.
New analytical techniques are needed.
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38. Can you guess the most buzzed-about event at
South by Southwest Interactive 2013?
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40. The half-life of a YouTube video is
6 days. Agile insight development
and deployment is required to
capitalize on consumer trends.
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41. Insights must be converted to a decisioning framework.
Make agile adjustments to marketing efforts based on discoveries
Incorporate behavior for more accurate segmentations and more
relevant offers
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42. A Customer Interaction Hub is a rules engine that decides
which message to deliver in the moment of engagement.
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43. International Speedway Corporation
A single marketing hub to manage:
Multi-source data on 3 million fans
2500 marketing projects
2400 segments
1000 email campaigns
130 marketing users
Learn more:
http://www.teradata.com/videos/ISC
-Creating-Number-One-FanExperience-with-Data/
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44. Execution combines content with intelligence to
create exceptional experiences.
Enable digital strategies to present the right
message based on response
Deliver targeted content based on customer and
past response
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45. Message delivery leverages multiple data sources.
Social Profile Data
Triggered by birthday
Team based on
location or “like”
Customer’s name
Customer Database
Relevant offer based
on customer behavior
Sources: Destination CRM, Social Data Redefines Marketing; Anand Patel, The NFL Truly Personalizes Email Marketing
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46. Integrated content drives fresh relevance.
Customer Reviews
Include peer product reviews
in email messages
Theoretical Example
Sources: Destination CRM, Social Data Redefines Marketing; Anand Patel, The NFL Truly Personalizes Email Marketing
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47. Integrated content drives fresh relevance.
Twitter Feed
Feature latest Tweets in emails to
encourage Twitter follows and
deliver fresh content
Theoretical Example
Sources: Destination CRM, Social Data Redefines Marketing; AnandTeradata Confidential Personalizes Email Marketing
Patel, The NFL Truly
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48. Integrated content drives fresh relevance.
Product Recommendations
Feature popular items in emails to
encourage brand affinity and sales
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Example
Sources: Destination CRM, Social Data Redefines Marketing; Anand Patel, The NFL Truly Personalizes Email Marketing
49. The Result?
Highly relevant and personal
messaging through integrated
cross-channel data sources.
•
Customer Database
•
Website
•
Customer Social Profile
•
Brand Social Profile
•
Product Reviews
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Example
Sources: Destination CRM, Social Data Redefines Marketing; Anand Patel, The NFL Truly Personalizes Email Marketing
50. Then measure, iterate and improve.
affinity
conversion path
delivery
customer
behavior
compliance
purchase
EXPLORE
Customer data
to develop
new insights
response
attribution
ENGAGE
With the right
message in the
right channel
spend
governance
process
website
segmentation
mobile
decision
social
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preference
offer
51. Learn More
Read “Big Data Marketing.”
The authoritative guide by Lisa Arthur, Teradata CMO, at
http://www.teradata.com/big-data-marketing/
Hear what more of our customers are doing today.
View additional videos at www.teradata.com/videos
Get the scoop on Teradata’s Data Driven Marketing Solutions.
Visit www.teradata.com/datadrivenmarketing
Talk to us.
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