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Engagement, Loyalty,
James Taylor, CEO
                                   Costs and Growth

Brad Turner, VP Marketing and      Driving retail success
Business Development
                                with predictive analytics
                                & decision management

                                  @inkriu @decisionmgt
                                  #decisionmgt
Your presenters
 James Taylor                  Brad Turner
  CEO of Decision               VP Marketing and Business
  Management Solutions          Development at Inkiru
  20+ years working with        25+ years in technology,
  clients to improve the way    focused on networking and
  they build systems.           cloud-based database




                                      © Decision Management Solutions, 2013
AGENDA

         1 2
     Building
     Customer
     Engagement &
                         Controlling
                         Costs
                                            3
                                         Driving a Long
                                         Term Growth
                                         Strategy
     Loyalty




         4 5 6
     Key Benefits of     Questions and   How to Get
     Inkiru Predictive   Answers         Started
     Analytics
     Platform
Staying Competitive Requires Analytics




   #1 Data
             #2 Know-how
                           #3 Intelligence




                           © Decision Management Solutions, 2013
Building Customer
Engagement & Loyalty
How do I find my most profitable
customers and build deeper
relationships with them?

             How can we predict which
          products will be most popular
           among our regular shoppers?

How can I build stronger customer
loyalty than my competition?

                           © Decision Management Solutions, 2013
Target individuals with analytics




                            © Decision Management Solutions, 2013
Personalize every response
 The best response changes in each situation
 Target with analytically derived micro segments
 Personalize messaging and offers
 Focus predictive analytics on each decision




                                    © Decision Management Solutions, 2013
Success requires a clear target




                             © Decision Management Solutions, 2013
Controlling Costs
How can we reduce
               fraud-related expenses?

How can we make
operations smooth
and efficient?

             How can I use analytics to
            reduce back-office staffing?

                           © Decision Management Solutions, 2013
Break operational ratios with analytics




                            © Decision Management Solutions, 2013
Real-time fraud detection


    Business
     event




               Decision latency



                                           Action
                                           taken




                                  © Decision Management Solutions, 2013
Predictive analytics drives action

Operational
 Systems                              Decision
                                      Management
                                      Systems link
                     Decision         analytics to
                                      operational
                                      systems
  Analytic
  Systems
                                © Decision Management Solutions, 2013
Driving a Long Term
    Growth Strategy
How do I build a marketing strategy that
maintains its effectiveness?

                       How do I send out
                      fewer offers and get
                         more responses?

How do I find out which promotions will
work and which will not?

                            © Decision Management Solutions, 2013
Maximize LTV in all channels




                                                Decision




                          © Decision Management Solutions, 2013
Continuously improve decisions




                          © Decision Management Solutions, 2013
Industrialize analytics
Cottage industries don’t scale




                                          Factories do
                                 © Decision Management Solutions, 2013
Key Benefits of the Inkiru
Predictive Analytics Platform
Key Benefits




     • Algorithms and response
       models score transactions in
       real-time during the customer
       interaction on your site




                                                  •      Integration with external data sources


20                                     Confidential and Proprietary Information
Key Benefits


       • Simple integration

       • Data is taken advantage of
         and utilized during the
         peak of its shelf life

       • End-to-end model design,
         development, deployment,
         maintenance




21                                    Confidential and Proprietary Information
Key Benefits



                                                               • Hosts a variety
                                                                 real-time models

                                                               • Allows for multiple
                                                                 scoring algorithms
                                                                 to score the same
                                                                 event




22                  Confidential and Proprietary Information
Use Cases

           Marketing               Merchandising                            Operational Excellence




     • Dynamic Ad Campaigns   • Product                                     •   Fraud/Risk
     • Improve Customer         Recommendations                                 Management
       Loyalty                • Price based Promotions                      •   Inventory Optimization
     • Offer Customization    • Upsell and Cross sell                       •   Payment Optimization
     • Customer Lifetime      • Shopping Cart
       Value Predictions        Abandonment



23                               Confidential and Proprietary Information
Case Studies




24                  Confidential and Proprietary Information
Case Study—Operational Excellence


      Automated fraud detection
      lowers loss while raising profits
      20% for this social entertainment
      website.




25                                    Confidential and Proprietary Information
Case Study—Marketing




                                                                 Automated email
                                                                 campaign
                                                                 optimization
                                                                 increases click-thru
                                                                 rate 10%.




26                    Confidential and Proprietary Information
Case Study—Merchandising


      Increased
      personalization
      enhances customer
      experience—boosts
      first-page conversion
      120%




27                            Confidential and Proprietary Information
Questions?
Conclusion
How to Get Started
 Focus on key decisions in
 customer engagement, cost
 control and growth
 Drive better decisions with
 integrated predictive
 analytics at scale
 Focus on using predictive
 analytics in real-time using
 decision management
 systems


                                © Decision Management Solutions, 2013
Learn More
 Download the free whitepaper
   Using Predictive Analytics and Decision
   Management in Retail
 Visit us at
   decisionmanagementsolutions.com
   inkiru.com




                                      © Decision Management Solutions, 2013
Thank You
                      James Taylor
james@decisionmanagementsolutions.com
                        Brad Turner
                      brad@inkiru.com

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Building Customer Engagement & Loyalty with Predictive Analytics

  • 1. Engagement, Loyalty, James Taylor, CEO Costs and Growth Brad Turner, VP Marketing and Driving retail success Business Development with predictive analytics & decision management @inkriu @decisionmgt #decisionmgt
  • 2. Your presenters James Taylor Brad Turner CEO of Decision VP Marketing and Business Management Solutions Development at Inkiru 20+ years working with 25+ years in technology, clients to improve the way focused on networking and they build systems. cloud-based database © Decision Management Solutions, 2013
  • 3. AGENDA 1 2 Building Customer Engagement & Controlling Costs 3 Driving a Long Term Growth Strategy Loyalty 4 5 6 Key Benefits of Questions and How to Get Inkiru Predictive Answers Started Analytics Platform
  • 4. Staying Competitive Requires Analytics #1 Data #2 Know-how #3 Intelligence © Decision Management Solutions, 2013
  • 6. How do I find my most profitable customers and build deeper relationships with them? How can we predict which products will be most popular among our regular shoppers? How can I build stronger customer loyalty than my competition? © Decision Management Solutions, 2013
  • 7. Target individuals with analytics © Decision Management Solutions, 2013
  • 8. Personalize every response The best response changes in each situation Target with analytically derived micro segments Personalize messaging and offers Focus predictive analytics on each decision © Decision Management Solutions, 2013
  • 9. Success requires a clear target © Decision Management Solutions, 2013
  • 11. How can we reduce fraud-related expenses? How can we make operations smooth and efficient? How can I use analytics to reduce back-office staffing? © Decision Management Solutions, 2013
  • 12. Break operational ratios with analytics © Decision Management Solutions, 2013
  • 13. Real-time fraud detection Business event Decision latency Action taken © Decision Management Solutions, 2013
  • 14. Predictive analytics drives action Operational Systems Decision Management Systems link Decision analytics to operational systems Analytic Systems © Decision Management Solutions, 2013
  • 15. Driving a Long Term Growth Strategy
  • 16. How do I build a marketing strategy that maintains its effectiveness? How do I send out fewer offers and get more responses? How do I find out which promotions will work and which will not? © Decision Management Solutions, 2013
  • 17. Maximize LTV in all channels Decision © Decision Management Solutions, 2013
  • 18. Continuously improve decisions © Decision Management Solutions, 2013
  • 19. Industrialize analytics Cottage industries don’t scale Factories do © Decision Management Solutions, 2013
  • 20. Key Benefits of the Inkiru Predictive Analytics Platform
  • 21. Key Benefits • Algorithms and response models score transactions in real-time during the customer interaction on your site • Integration with external data sources 20 Confidential and Proprietary Information
  • 22. Key Benefits • Simple integration • Data is taken advantage of and utilized during the peak of its shelf life • End-to-end model design, development, deployment, maintenance 21 Confidential and Proprietary Information
  • 23. Key Benefits • Hosts a variety real-time models • Allows for multiple scoring algorithms to score the same event 22 Confidential and Proprietary Information
  • 24. Use Cases Marketing Merchandising Operational Excellence • Dynamic Ad Campaigns • Product • Fraud/Risk • Improve Customer Recommendations Management Loyalty • Price based Promotions • Inventory Optimization • Offer Customization • Upsell and Cross sell • Payment Optimization • Customer Lifetime • Shopping Cart Value Predictions Abandonment 23 Confidential and Proprietary Information
  • 25. Case Studies 24 Confidential and Proprietary Information
  • 26. Case Study—Operational Excellence Automated fraud detection lowers loss while raising profits 20% for this social entertainment website. 25 Confidential and Proprietary Information
  • 27. Case Study—Marketing Automated email campaign optimization increases click-thru rate 10%. 26 Confidential and Proprietary Information
  • 28. Case Study—Merchandising Increased personalization enhances customer experience—boosts first-page conversion 120% 27 Confidential and Proprietary Information
  • 31. How to Get Started Focus on key decisions in customer engagement, cost control and growth Drive better decisions with integrated predictive analytics at scale Focus on using predictive analytics in real-time using decision management systems © Decision Management Solutions, 2013
  • 32. Learn More Download the free whitepaper Using Predictive Analytics and Decision Management in Retail Visit us at decisionmanagementsolutions.com inkiru.com © Decision Management Solutions, 2013
  • 33. Thank You James Taylor james@decisionmanagementsolutions.com Brad Turner brad@inkiru.com