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THE MARKETING OF THE FUTURE Gaining New Business with New Data and New Analytics PETER GENTSCH 22-06-2016 / LONDON

Marketing of the future cloud london_22-06-2016_4.0

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Page 1: Marketing of the future cloud london_22-06-2016_4.0

THE MARKETING OF THE FUTUREGaining New Business with New Data and New AnalyticsPETER GENTSCH22-06-2016 / LONDON

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What makes the difference….

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Prince Charles

Born 1948; grew up in England

Married the second time 2 children successful in business Wealthy Spend their winter holidays

in the Alps Likes dogs

Born 1948; grew up in England

Married the second time 2 children successful in business Wealthy Spend their winter

holidays in the Alps Likes dogs

Ozzy Osbourne

Person 1 Person 2

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Lookalikes – it also works for the B-to-B-Business!

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Also in the B-to-B area there seem to be apparent Lookalikes

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> 10 years Industry: IT Services Located in Berlin > 50 employees > 5 € Mio revenue

Company 1 Company 2

> 10 years Industry: IT Services Located in Berlin > 50 employees > 5 € Mio revenue

| 22.06.2016GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS

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Big Data-Value Matrix: Smart Analytics leveraging Smart Data

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Data

Analytics

$

$

$

$

Traditional New

Firmographics, Stammdaten, Web Controlling Data, …

Digital Footprint, Social, Linked Data…

+

Traditional

New

Deep/ Active and Transfer Learning ;Data Mapping/ Fusion, SNA, Semantics, .. +

New forms of data acquisition: Crawling, Scraping, Parsing, ….. +

Statistic, OLAP, Data Mining, ….

Standard BI-Business

New Analytics

New Data

Smart Data + Smart Analytics = Smart Business

New Insights: Leads, markets, ..

New Efficiency Cos, time..

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Artificial Intelligence

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1996 2011 2016

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Artificial Intelligence

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Artificial Intelligence

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• Artificial Narrow Intelligence (ANI)(Weak AI, specializes in one area)

• Artificial General Intelligence (AGI)(Strong AI, human level)

• Artificial Super Intelligence (ASI)(beyond human)

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Artificial Intelligence

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Artificial Intelligence

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Kurz Predictive Analytics vorstellung

DATAlovers SEITE 11

We know your next 1000 Customers!

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Best Practice

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• Getting deep market insights

• Win new customers• Identify and profile

audiences• Attract user to use the E-

Shop

AUTOMOTIVE

CONSTRUCTION

ALIENS

E-SHOP

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PROFILINGFeature extraction/ Digital footprint

STEP: PROFILING

PREDICTION

GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS| 22.06.2016

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Lead/ AudiencePrediction

Firmographics

Traffic

Technology

Social

Web

BEAR

CHD

IGIT

AL

Company Profiling

GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS| 22.06.2016

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Online Dating in der PostProcessing Phase

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Category Attributes Type

Tech Hosting, CMS, Server, Frameworks,Widgets, JavaScript, CND, Analytics, …

Categorial

Firmographics Revenue, # employees, balance sheetfigures, creditworthiness, industry, …

Scalar, Categorial

Social Channels, # Channels, # Interactions, … Categorial, Scalar

Traffic / Reach Unique Visitors, Page Views, … Scalar

Mobile Mobile Readiness, Mobile Apps, … Categorial

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Online Dating in der PostProcessing Phase

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Technology

Traffic Reach

Mobile

SearchSocial Media

Connectivity

Quality

Digital Topics

DigitalIndex

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PROFILINGFeature extraction/ Digital footprint

STEP: PREDICITON

PREDICTIONPer generischen Customer-DNA werden neue Leads predicted

LEAD/ AudiencePREDICTION

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Company Profiling

Firmographics

Traffic

Technology

Social

Web

BEAR

CHD

IGIT

AL

Lead/ AudiencePrediction

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Comp.A

Comp.C

Comp.A

Comp.A

Comp.B

Comp.C

Comp.B

Comp.CComp.B

Comp.AComp.B

open-source

Web-Technology

low-tech

paid, high-end

Social Media Engagement

leverage, all chanels

ignore

small

Firmographics

big,international

one chanel

Topics (Web-Content, Social)

react

national

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What are the discriminating indicators?

• Topics do have high impact• They differentiate strongly• They are partially orthogonal to industry sectors

• Digital Index has high discriminatory power• Profile and segment companies properly • Reflects modernity and digital maturity of

companies• Applied technology correlates with IT budgets and

revenue/ seize

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• 6 x Increase in opportunities generated• 22% conversion rate improvement • Unexpected Audiences/ Leads

• Toys wholesaler • Rental car• ….

• Significant improvement of targeting and priorization• Less effort to win and convert leads• Closed-Loop: train and learn • Communication signals as marketing alerts

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“Companies that have pioneered the use of AI in sales rave about the impact, which includes an increase in leads and appointments of more than 50%, cost reductions of 40%–60%, and call time reductions of 60%–70%.

Thomas BaumgartnerHomayoun Hatami, Maria Valdivieso – Mckinsey June 10, 2016

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• New data – new analytics new business must be part of the overall digital transformation process

• Change management towards an agile and customer centric organization

• The Marketing/ Sales Role is going to change completely

• Digital DNA has to be established: Digital first/ only• Data Science Team as linking pin and enabler

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Lead/ Audience Identification

Lead/ Audience

Qualification

Lead/ Audience

Intelligence

Next Best Marketing Action

Recommendation for Marketing Executives

Engagement with Audience

Degree of automation today In the future

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Amelia

Tay

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Company AI Customer AI

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“By 2020, customers will manage 85 percent of their relationship with an enterprise without interacting with a human.”

Thomas BaumgartnerHomayoun Hatami, Maria Valdivieso – Mckinsey June 10, 2016

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[email protected] (0) 151 11 101 101

Thank you very much!

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