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THE MARKETING OF THE FUTUREGaining New Business with New Data and New AnalyticsPETER GENTSCH22-06-2016 / LONDON
What makes the difference….
SEITE 2| 22.06.2016GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS
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
Lookalikes – it also works for the B-to-B-Business!
Also in the B-to-B area there seem to be apparent Lookalikes
SEITE 4
> 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
Big Data-Value Matrix: Smart Analytics leveraging Smart Data
SEITE 5
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..
| 22.06.2016GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS
Artificial Intelligence
SEITE 6GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS| 22.06.2016
1996 2011 2016
Artificial Intelligence
SEITE 7GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS| 22.06.2016
Artificial Intelligence
SEITE 8GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS| 22.06.2016
• Artificial Narrow Intelligence (ANI)(Weak AI, specializes in one area)
• Artificial General Intelligence (AGI)(Strong AI, human level)
• Artificial Super Intelligence (ASI)(beyond human)
Artificial Intelligence
SEITE 9GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS| 22.06.2016
Artificial Intelligence
SEITE 10GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS| 22.06.2016
Kurz Predictive Analytics vorstellung
DATAlovers SEITE 11
We know your next 1000 Customers!
Best Practice
SEITE 12GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS| 22.06.2016
• Getting deep market insights
• Win new customers• Identify and profile
audiences• Attract user to use the E-
Shop
AUTOMOTIVE
CONSTRUCTION
ALIENS
E-SHOP
PROFILINGFeature extraction/ Digital footprint
STEP: PROFILING
PREDICTION
GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS| 22.06.2016
SEITE 14
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
Online Dating in der PostProcessing Phase
SEITE 15
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
GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS| 22.06.2016
Online Dating in der PostProcessing Phase
SEITE 16
Technology
Traffic Reach
Mobile
SearchSocial Media
Connectivity
Quality
Digital Topics
DigitalIndex
GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS| 22.06.2016
PROFILINGFeature extraction/ Digital footprint
STEP: PREDICITON
PREDICTIONPer generischen Customer-DNA werden neue Leads predicted
LEAD/ AudiencePREDICTION
GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS| 22.06.2016
SEITE 18
Company Profiling
Firmographics
Traffic
Technology
Social
Web
BEAR
CHD
IGIT
AL
Lead/ AudiencePrediction
GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS| 22.06.2016
SEITE 19
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
GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS| 22.06.2016
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
SEITE 20GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS| 22.06.2016
• 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
SEITE 21GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS| 22.06.2016
SEITE 22GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS| 22.06.2016
“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
• 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
SEITE 24GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS| 22.06.2016
SEITE 25GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS| 22.06.2016
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
SEITE 26GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS| 22.06.2016
Amelia
Tay
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Company AI Customer AI
SEITE 31GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS| 22.06.2016
“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
SEITE 32GAINING NEW BUSINESS WITH NEW DATA AND NEW ANALYTICS| 22.06.2016