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Copyright © 2012, SAS Institute Inc. All rights reserved. THE BIG DEAL BEHIND BIG DATA MARKETING MAKING SMARTER CUSTOMER CENTRIC DECISIONS WITH BIG DATA MIEKE DE KETELAERE, SAS, SWE CI LEAD, APRIL 2013

The big deal behind Big Data marketing

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Mieke is de Customer Intelligence Lead South-West Europe bij SAS, waar ze verantwoordelijk is voor alle “Integrated Marketing Management” projecten. In het verleden heeft zij bij een aantal multinationals (PWC, SAP, Microsoft en Selligent) gewerkt aan alle aspecten van klantrelaties. Ze is gespecialiseerd in het helpen van klanten bij het creëren van klantervaringen, customer intimacy en customer life cycle management. Later ging zij zich focussen op de waarde van Big Data in marketing context. De komst van de datastromen (online & social data) aan de ene kant en de rekenkracht aan de andere kant, levert aan marketeers interessante real-time inzichten die, als ze slim worden gebruikt, de klantervaring en customer experience naar een hoger niveau kunnen brengen. Vanuit haar wetenschappelijke track-record (PhD onderzoeken in Artificial Intelligence en in Advanced Marketing) en praktijk gaat Mieke vertellen hoe Big Data kan worden ingezet om belangrijke management beslissingen te maken.

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Page 1: The big deal behind Big Data marketing

Copyr i g ht © 2012, SAS Ins t i tu t e Inc . A l l r ights reser ve d .

THE BIG DEAL BEHIND BIG DATA MARKETING MAKING SMARTER CUSTOMER CENTRIC DECISIONS WITH BIG DATA

MIEKE DE KETELAERE, SAS, SWE CI LEAD, APRIL 2013

Page 2: The big deal behind Big Data marketing

Copyr i g ht © 2012, SAS Ins t i tu t e Inc . A l l r ights reser ve d .

ABOUT MYSELF

• Customer Intelligence Lead at SAS for the SWE region • Worked for several multinationals on CRM

• Transactional CRM • Analytical Customer Insight • Interactive Marketing • Marketing Accountability

• Main focus on Telco, Retail, Finance and Utilities • Development of roadmaps towards customer centricity • Strong interest in Digital Intelligence

Page 3: The big deal behind Big Data marketing

Copyr i g ht © 2012, SAS Ins t i tu t e Inc . A l l r ights reser ve d .

JANUARY 2007

Page 4: The big deal behind Big Data marketing

Copyr i g ht © 2012, SAS Ins t i tu t e Inc . A l l r ights reser ve d .

CHALLENGE 1

Page 5: The big deal behind Big Data marketing

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CHALLENGE 2

On top of the mind of most CMOs

• Trusted Brand • Customer Experience • Customer Intimacy • Relevant Interactions

CMO CFO

On top of the mind of every CXO: • Revenu • Cost • Margin

Page 6: The big deal behind Big Data marketing

Copyr i g ht © 2012, SAS Ins t i tu t e Inc . A l l r ights reser ve d .

Objectives Value/ Results

Data Management

People and Processes

DATA DRIVEN CUSTOMER CENTRIC MARKETING

Page 7: The big deal behind Big Data marketing

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BIG DATA DRIVEN CUSTOMER CENTRIC MARKETING

DATA TYPE

DATA

SO

URCE

Inte

rnal

Ext

erna

l

Structured Unstructured

Page 8: The big deal behind Big Data marketing

Copyr i g ht © 2012, SAS Ins t i tu t e Inc . A l l r ights reser ve d .

BIG DATA DRIVEN CUSTOMER CENTRIC MARKETING

DATA SIZE

BIG ANALYTICS

BI BIG DATA BI

BIG DATA ANALYTICS

ANAL

YTIC

AL C

APAB

ILIT

Y

Rea

ctiv

e

Pro

activ

e

Large Big Data

Page 9: The big deal behind Big Data marketing

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Analytical

Social

Who They Are

What They Receive

How They Respond

How They Interact

What They Say

Who They

Influence

Their Loyalty

Their Value

Their Potential

360 Customer Insight

Contact History

Socio-demographic & transactional info

Online Behavioural

CUSTOMER DNA BIG DATA INSIGHTS

Page 10: The big deal behind Big Data marketing

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EXISTING INTERNAL STRUCTURED DATA BIG DATA INSIGHTS Who They Are

Creditcard/Payment Transactions Loyalty Card Information

Page 11: The big deal behind Big Data marketing

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Referring domain Campaign ID Affiliate Natural search Search keywords Direct/bookmark

Referrer Variables

Customer/prospect New/return visitor All click data Tools usage Previous Product interests Searches Previous online purchases Previous Campaign exposure Previous Campaign responses

Site Behaviour Variables

IP address Country of origin Time zone Operating system Browser type Mobile type

Environment Variables

Temporal Variables

Time of day Day of week Recency Frequency Length of visit

Email interactions Social Media interactions

Channel Variables

NEW (UN)STRUCTURED ONLINE DATA BIG DATA INSIGHTS How They Interact

Page 12: The big deal behind Big Data marketing

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O

Psychographic/IAO (Interest/Activities/Opinions) variables Attributes relating to personality, values, attitudes, interests, or lifestyles.

Explicit data (directly given by user)

–Movies/Books –Sports

Implicit data (indirectly given by user)

–Context - Relationship analysis

Content Categorisation/ Context Extraction

Sentiment Analysis Network Analysis Mood Detection

BIG DATA INSIGHTS NEW (UN)STRUCTURED SOCIAL DATA Who They

Influence

What They Say

Page 13: The big deal behind Big Data marketing

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BIG DATA INSIGHTS NEW DATASOURCES – NEW IDEAS

RFID Tags Sensors

Page 14: The big deal behind Big Data marketing

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Response Modeling

Customer Lifetime Value

Market Basket Analysis

Cross and Up Selling

Web Mining

Customer Link Analytics

Churn Prediction

Credit Scoring

Social Media Analytics

Customer Segmentation

Fraud Detection

Location Analysis

KPI Forecasting

Marketing Optimization

Marketing Mix Analysis

OVERVIEW CUSTOMER ANALYTICS BIG DATA ANALYTICS

Page 15: The big deal behind Big Data marketing

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?

THE MARKETING CHALLENGE: CUSTOMER ANALYTICS BIG DATA ANALYTICS

Page 16: The big deal behind Big Data marketing

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CASE RETAIL – NEW INSIGHTS BIG DATA ANALYTICS

QUESTIONS

• Do we understand how our customers decision making process is changing?

• How well are our merchant strategies aligned with our customer expectations and corporate objectives?

• Are our customer insights leveraged across our organization?

• Who are my most profitable customers?

• What drives purchasing behavior?

• What messages or promotions have my customers responded to?

• What can I influence my customers to buy in the future?

Page 17: The big deal behind Big Data marketing

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CASE RETAIL – NEW INSIGHTS BIG DATA ANALYTICS

Page 18: The big deal behind Big Data marketing

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CASE RETAIL – MARKET BASKET ANALYSIS BIG DATA ANALYTICS

Page 19: The big deal behind Big Data marketing

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BIG DATA ANALYTICS CASE TELCO – LIFESTYLE ANALYSIS ON IPDR

QUESTIONS • Explore consumer web surfing behavior in IP data records (IPDR)

• IPDR describes who (IP), what (URL), when (timestamp) of web surfing

behavior

• Categorize web surfing behavior via a deep rooted taxonomy • E.g. Top/Entertainment/Video Games/Music;

• Based on standards in International Press Telecommunications Council

• Visualize the results over various dimensions to discover online

lifestyles of consumers • Visualize interests against customer segments/ profile, events, location, etc

Page 20: The big deal behind Big Data marketing

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BIG DATA ANALYTICS CASE TELCO – LIFESTYLE ANALYSIS

Page 21: The big deal behind Big Data marketing

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BIG DATA ANALYTICS

• Consumers • Being able to monitor their energy usage • Cost saving • CO2 reduction • Remote access

• Suppliers • Avoided meter reading/ site visit • Price optimisation • Debt handling • Fraud detection

• General • Reduced losses • Micro-generation technologies

CASE UTILITIES – SMART METER READING

Page 22: The big deal behind Big Data marketing

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CASE UTILITIES – SMART METER READING BIG DATA ANALYTICS

Page 23: The big deal behind Big Data marketing

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BIG DATA ANALYTICS CASE BANKING – ONLINE CUSTOMER LEAD MANAGEMENT

Bad Leads

Leads for nurturing

Sales Leads

Call center Leads

Marketing

Closed Sales

Qualified Leads

Sales Ready Leads

Conversions

Inquires/Suspects

Nurture

Touchpoints: Email, Online, Contacts, etc

Sales

Page 24: The big deal behind Big Data marketing

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BIG DATA ANALYTICS CASE BANKING – ONLINE CUSTOMER LEAD MANAGEMENT

When is my customers online and what is he doing?

How is the evolution of interest in products?

Where is my customers located and what is his behaviour?

What is the relation between certain online variables?

Page 25: The big deal behind Big Data marketing

Copyr i g ht © 2012, SAS Ins t i tu t e Inc . A l l r ights reser ve d .

WHITEPAPERS: BIG DATA @ MARKETING NEXT STEPS

Page 26: The big deal behind Big Data marketing

Copyr i g ht © 2012, SAS Ins t i tu t e Inc . A l l r ights reser ve d .

THANK YOU! [email protected]