Are you ready to capitalize on the digital revolution? The future is coming fast, soon all media will become addressable. Addressability, the groove swing for direct marketers, is the fuel to drive high performance marketing in the new digitally connected world. Learn how your organization’s investments in data driven marketing assets and processes are invaluable to deliver a coordinated and optimized customer experience in real time.
3. TODAY’S FOCUS
Today’s empowered consumer represents an interesting paradox
Never more options to reach
Never harder to engage
In the age of the empowered consumer…
brands need to cultivate & control multidimensional consumer insight.
Cultivate…to make every interaction count.
Control…to maximize value.
Multidimensional…to avoid misleading signals.
Direct marketers can play a key role
Opportunity to connect/extend targeting & measurement rigor
But, need to be in the digital discussion more often
4. MARKETERS DEMAND INSIGHT
> How much should be invested in marketing?
STRATEGY > What is the optimal media weighting?
> What initiatives drive most value?
> How do I better assess marketing’s true impact on sales & customer
value?
PERFORMANCE
> What ac o s most co bu e to o de ac from pe o a ce
a actions os contribute o or detract o performance?
> How do I compare to industry leaders?
> What prospects look, act or think like my best customers?
ACQUISITION > What is the most efficient way to reach them?
> What is the optimal incentive?
> What customers hold the highest future value?
GROWTH > What steps maximize relationship p
p p profitability?
y
> What steps most engender loyalty?
PROCESS & > How do I make insights more actionable?
SYSTEMS > How do I improve consumer information breadth accuracy & timeliness?
breadth,
> How do I better manage the volume, velocity and variety of data?
6. CULTIVATING & CONTROLLING
MULTIDIMENSIONAL INSIGHT DRIVES VALUE
+15 30%
+15-30% +10 15%
+10-15% +5 7%
+5-7%
Marketing ROI Customer portfolio value Points of margin
> Increase targeting efficiency & > Improve health and breadth of > Increase number of enduringly
better attribute results to spend.
p insight about customers.
g loyal customers.
oya custo e s
> Better influence & sense > Acquire & extend more profitable > Effectively cultivate word of
consumer behavior. relationships. mouth.
> More effective media > Redirect less profitable > Optimize use of pricing
substitution. Coherently integrate relationships. incentives.
new media. > Establish CLV-oriented KPIs to > De commoditize intent
De-commoditize intent.
> Improve marketing results with guide decision-making. > Minimize auction risk of your
trusted partners. > Optimize customer segments & consumer insight.
> Recapture value from ad tech multichannel contact strategies.
intermediaries. > Increase number of recognizable
> Improve test & learn consumers.
consumers
performance. > Increase ability to recognize
> Integrate & rationalize systems to consumers across channels.
reduce cost.
> Faster time to market.
> R l ti
Real-time personalized offers.
li d ff
7. BEST PRACTICE:
Cultivate & control these capabilities:
Build & protect a central nervous
system to help influence and sense
consumer behavior at scale with Enable personalized and
speed. coordinated engagement
Activate at every “moment of
multidimensional insight truth”
truth” by fusing customer
about consumers. Leverage a safe haven for trusted recognition with
business partners to reach and proprietary analytics.
engage mutual customers, minimizing
risk and compliance issues.
Leverage these tactics:
> Personalized integrated & longitudinal messaging driven
Personalized, > Rebalance paid/organic search – use savings to drive
by consumer or product triggers. quality demand.
> Drive conversion through personalization. > Arbitrage & substitute media based on consumer preference
> Optimize to customer life time value, not just response. & value.
> Connect direct marketing targeting logic & measurement > Integrate preference center into targeting logic.
rigor to new media – email, display, web. > Assess current capabilities & identify gaps.
> Test/extend direct marketing logic to online remarketing > Balance quick wins with structural improvement
improvement.
and branded advertising. > Be part of the digital discussion.
8. GLOBAL AUTO OEM EXAMPLE
The Challenge APPROACH CUSTOMER
RECOGNITION
> Need to increase sales and service by FINANCE
influencing buying behavior within the narrow
window in which an automotive consumer SERVICE
considers potential products. SALES CUSTOMER
> Siloed consumer information across business ID
divisions resulted in an inaccurate and PROSPECT
incomplete view of customers and prospects.
PARTNERS
> Consumer data hygiene was not coordinated
throughout the company causing duplicated
efforts, slow response times and sometimes
forgoing marketing campaigns altogether. The Results
> Increased vehicle and service sales
• Over $500 million incremental revenue.
The Solution • Delivered $36 million incremental profit for
> Built and implemented a data management seasonal car care programs.
solution.
solution > Annual cost reduction of $18.6 million.
> Built and implemented real time consumer > Real-Time response average 2 seconds (SLA allows
recognition management platform. 6 sec).
> Built and implemented a centralized marketing > Real-Time expanded to 5 channels – Web, Call
platform. Center, Service Desk on site, Sales Desk on Site
> C t d A l ti and S
Created Analytic d Segmentation models.
t ti d l and Lead Engine.
9. GLOBAL FINANCIAL SERVICES EXAMPLE
The Challenge
g
> Attrition 21% higher than competitors for the
same types of customers.
$ $ $ $ $
> Estimated spend was at least equal to their
peers.
> Need to identify, understand and retain more
of their best customers.
0 $ $$
The Solution
> Use applied analytics to profile, segment, and 0 $ $$
assess pockets of opportunity.
> Begin to match spend to customer value.
0 0 $
Results
> Decreased attrition 24.3%.
> Net Profit increased $186mm over 3 years.
10. SUMMARY
To win the age of the empowered consumer, focus on:
Build & protect a central nervous
system to help influence and sense
consumer behavior at scale with Enable personalized and
speed. coordinated engagement
Activate at every “moment of
multidimensional insight truth”
truth” by fusing customer
about consumers. Leverage a safe haven for trusted recognition with
business partners to reach and proprietary analytics.
engage mutual customers, minimizing
customers
risk and compliance issues.
Doing so typically results in…
in
+15-30% +10-15% +5-7%
Marketing ROI
g Customer portfolio value
p Points of margin
g