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© 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation. © 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation “It’s the journey that matters, not just the ending” Matthew Comstock – VP, Data & Analytics [email protected] Razorfish Platforms - Fluent - Paul Lockhart

Razorfish Multi-Channel Marketing: Better Customer Segmentation and Targeting

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Matt Comstock, Vice President Business Intelligence Office, Razorfish, presents at the Big Analytics 2012 Roadshow. From search to email to social, customers are interacting with your brand across a variety of channels. But what do people do once they view an advertisement or get an email? What common behaviors are displayed once they’re on your site? By combining media exposure/behavior, site-side media, and in-store purchase data, you can understand better the impact media has on driving value to your business. Come to this session to learn how better data-driven multi-channel analysis lets you see what consumers do before they become a customer to understand what content influences which segments of users by media audience. Discover new segmentation and targeting strategies to improve engagement with your brand and increase advertising lift. See how a leader in digital marketing uses a combination of technologies including Teradata Aster, Hadoop, and Amazon Web Services to handle big data and provide big analytics to improve business value.

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Page 1: Razorfish Multi-Channel Marketing: Better Customer Segmentation and Targeting

© 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.

© 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation

“It’s the journey that matters, not just the ending”

Matthew Comstock – VP, Data & [email protected]

Razorfish Platforms - Fluent

- Paul Lockhart

Page 2: Razorfish Multi-Channel Marketing: Better Customer Segmentation and Targeting

© 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.

RAZORFISH, WHO ARE WE?

Full-service digital agency

One of the largest interactive marketing & technology companies

Leader in web design and digital marketing according to Forrester

$60 billion of media managed across the Publicis Groupe network

MARKETING TECHNOLOGY“Brand Reality”

Create experiences that build businesses

Brand Perception

Traditional agencies create

and build market awareness

Enabling Technology

Technology consultants design and build IT systems

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Page 3: Razorfish Multi-Channel Marketing: Better Customer Segmentation and Targeting

© 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.

WHERE RAZORFISH & FLUENT FIT

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Page 4: Razorfish Multi-Channel Marketing: Better Customer Segmentation and Targeting

© 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.

WHAT IS FLUENT?

Marketing Central(Marketing Planning and Management, Team Collaboration and Workflow)

Experience Publishing(CMS / DAM, Multi-Channel and Multi-Device Distribution, Social Monitoring)

Targeting(Multi-Channel Aware

Segmentation and Targeting)

Insights(Analytics and Reporting,

including Attribution)

Data Warehouse(Data Sources - 1st and 3rd Party, Data Normalization + Transformation, Data Management)

Cloud Infrastructure (Software as a Service)

Discovery(Data Scientist Ad hoc modeling

Environment)

A digital marketing technology platform that provides marketers and agencies with a single, integrated software application to target, distribute, and manage multi-channel digital campaigns and experiences.

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Component included in

this presentation

Page 5: Razorfish Multi-Channel Marketing: Better Customer Segmentation and Targeting

© 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.

The Customer Journey

Channel Relevant Experiences 

Technology

Analysis

Strategy

BEGIN AT THE BEGINNING

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Page 6: Razorfish Multi-Channel Marketing: Better Customer Segmentation and Targeting

© 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.

THE JOURNEY IS COMPLICATED AND CONNECTED

Search

Display

EmailSocial

Mobile

TV

Affiliate

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CallCenter

DOT.com

Page 7: Razorfish Multi-Channel Marketing: Better Customer Segmentation and Targeting

© 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.

UNDERSTAND MOTIVATIONS AND BEHAVIORS,THEN TAKE ACTION

‣ Bid for her more smartly

‣ Serve her content she’ll respond to

‣ Look for others like her (look-a-likes)

‣ Look for others that act like her (act-a-likes)

‣ Empower her to share her experience

Data Management & Analytics

Online Interactions

Offline Interactions

1-offto 1+Purchasers

AnyaCosmetics maven who replenishes monthly

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Page 8: Razorfish Multi-Channel Marketing: Better Customer Segmentation and Targeting

© 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.

AND THE BEST PART, WE KNOW THIS WORKS!

Each customer, based on her past shopping experience is treated to different, more relevant content to re-engage or keep her engaged

0

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000

395,838

156,239

46,73142,716

688,414

312,479

112,155102,518

Phase 2 - Dynamic Targeting, Advanced Segmentation

Phase 1 - Dynamic Targeting Last Action

Baseline Funnel

1.41%45.39%

35.89%

Impr

essi

ons

0.81%39.47%

29.91%

Clicked on Ad Engaged

with Content Clicked on“Where to Buy”

Referred to Partner Site

Incremental Contribution

4X

19.94%

0.35%25.22% 91.41%

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Page 9: Razorfish Multi-Channel Marketing: Better Customer Segmentation and Targeting

© 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.

HOW DO WE DO IT?

‣Get to know your customers through research and studies‣Capture all interactions (whenever possible), and link them ‣Create customer profiles through business aligned

characteristics and behavioral analysis, then define both single and multichannel segments

‣Create an experience strategy to get the right experience and message to the customer at the right time (IN THE RIGHT CHANNEL)

‣Take a crawl, walk, run approach by starting with a single channel and evolve from there

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Page 10: Razorfish Multi-Channel Marketing: Better Customer Segmentation and Targeting

© 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.

REAL WORLD PERSONAS

The HunterThe

(unexpected) Indulgent

The Family ShopperFashion Icon

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Page 11: Razorfish Multi-Channel Marketing: Better Customer Segmentation and Targeting

© 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.

INTEGRATED TRACKING AND TAGGING STRATEGY

Online Video Call Center

TV/Radio3rd Party Social

Broadcast

Tablet

Pinterest Twitter

POS

Account Tenure

Preferences

Data Plan

Bill/Receipt

Statements

Microsite

Experience

OrganicOrganic

Games

SearchSearch

Social Data EnterpriseEnterprise

3rd Party

Email

Geolocation Mobile

Display Website

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Page 12: Razorfish Multi-Channel Marketing: Better Customer Segmentation and Targeting

© 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.

Ad ServerIdentifier

Website Identifier

TransactionIdentifier

Customer Identifier

DeviceIdentifier

Universal Identifier

IDENTIFY YOUR CUSTOMERS ACROSS CHANNELS

EmailIdentifier

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Page 13: Razorfish Multi-Channel Marketing: Better Customer Segmentation and Targeting

© 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.

The 7 characteristics result in over 39,000possible segments.

4 9 2 13 7Influencer

TypesCategoriesRecentlyViewed

TimeWindows

LoyaltyTiers

Average OrderSizes

3In Store

Purchase Types

2Consumer

Types

FOCUS ON CHARACTERISTICS THAT MATTER MOST

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Universal Identifier

• CRM / Offline Data• Loyalty• Site engagement

• 3rd Party• Social • Location Based Data• Ad server

Page 14: Razorfish Multi-Channel Marketing: Better Customer Segmentation and Targeting

© 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.

ANALYTICAL BUILDING BLOCKS

Sessionization Paths Attribution

Associative Analysis

Regression Analysis

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Page 15: Razorfish Multi-Channel Marketing: Better Customer Segmentation and Targeting

© 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.

MULTI-CHANNEL AWARE TARGETING PLATFORM

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Audience CentricData Warehouse (w/ in-database

analytics)

Ad Serving

OfflineCustomer Demo, 3rd Party

& Behavioral Data

Client Site Offers

Publisher

Email Lists& Offers

Call CenterOffers

Ad Exchange

Client Site Targeting

Email Targeting

Call Center Targeting

Online Customer Behavioral Data

Channel Performance Feedback

Data Management, Analytics &

Segmentation

Data AcquisitionChannel Specific TargetingChannel Offers

Data Classification &Stewardship

Social Media TargetingSocial Media

Offers

MapReduce Processing

Advanced Segmentation

Analysis

Channel Tracking

Page 16: Razorfish Multi-Channel Marketing: Better Customer Segmentation and Targeting

© 2012 Razorfish. All rights reserved. No individual parts of the presentation can be used outside of this presentation.

Thank You

Matthew ComstockVP Data & Analytics

Razorfish Platforms - [email protected]

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