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Embracing Data To Achieve Better Results

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Page 1: Embracing Data To Achieve Better Results
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Learning Objectives Define data-driven marketing and key challenges Discuss customer journeys across paid, earned and

owned media channels Explain data strategy and how data is utilised by

agencies, publishers and marketers in programmatic Provide examples of data-driven campaigns through

segmentation

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Who Am I?Marlene VicaireDigital Strategy Consultant12+ years experienceCreative and Media Solutions Programmatic AdvertisingData-Driven MarketingDynamic Creative Platforms

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Career Highlights2011: Account Manager, Razorfish - Publicis Group Aussie Home Loans Australian Mobile Awards "Financial

Information & Tools”

2013: Programmatic Marketing Director, DDB - Omnicom Group Silver ADMA Award for best Digital Platform: Telstra Always On Silver Effie Award for best Digital Platform: Telstra Always On

2015: Marketing Director APAC, RadiumOne Winner MSIX Award Best use of Neuroscience

2016: Founder, T-Shape Consulting PMP Consultant, Programmatic Solutions at eBay Speaker, Contexti Centre Of Excellence for Digital Digital Marketing Instructor, General Assembly

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DATA-DRIVEN MARKETINGCUSTOMER JOURNEYDATA STRATEGYPROGRAMMATICSEGMENTATION

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What Is It?

“Data-driven marketing refers to the marketing insights and decisions that arise from the

analysis of data about or from consumers.” Financial Times

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MARKETINGBUDGET

$

Marketing As A Revenue Driver

RETURN ON INVESTMENT

$$$DATA

Capture, Analysis, Insights

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81.3% of global marketers describe

data as important to

their efforts; 59.3% call it “critical”

90.2% of global marketers say they’re focused on predictive

analytics and segmentation to better target and

engage key audiences

56.3% of global marketers said they upped their annual

data-driven marketing and

advertising expenditures

Source: The Global Review of Data-Driven Marketing and Advertising, GDMA and the Winterberry Group, 2014

Data Is The New Black

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Why Is It Important?

Data-driven marketing has evolved to become an integral

component of almost all advertising campaigns and

strategy.www.tshape.me

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creates

informs

What Is The Process?

DATA

INSIGHTSSTRATEGY

CHANNELS

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Fragmented Data Sources Lead To Fragmented Messages

Email

Loyalty

Social

Mobile

Store

Display

Website

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Provide Consistent, Personalised And Targeted Messages

How do you talk to your audience?What is the most compelling message?

Who is your audience? Are you engaging with the right audience?

When do you engage with your audience?Is there a specific timeframe to talk to them?

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Top Challenges

81% of organisations have problems achieving a single customer view.*

*Source: The 2016 Digital Marketer Report, Experian www.tshape.me

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Holly Grail: Single Customer View

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DATA-DRIVEN MARKETINGCUSTOMER JOURNEYDATA STRATEGYPROGRAMMATICSEGMENTATION

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Brands Communicate Through Proliferating Channels

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ONLINE OFFLINE

OWNED

EARNED

PAID

WebsiteTablet app

Smartphone app

Mobile websiteDirect mail

Stores

Outdoor media

Print mediaTVDisplay advertising

Word of mouth

FacebookInstagram

Twitter

SnapchatYouTube Online reviews

Paid search

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Before: Linear Customer Journey

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*Source: McKinsey, The Consumer Decision Journey, 2009

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Now: Circular Customer Journey

*Source: McKinsey, The Consumer Decision Journey, 2009

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Customer Don’t Experience “Channels”

customer journey

Research Product

Interact with Rich media Ad

Visit Website

Read Review

Is served a cool video

Purchase Product

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360° DEGREES

Single Customer View

Research Product

Purchase Product

Is served a cool video

Visit Website

Read Review

Interact with Rich media Ad

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What Does This Enable?

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OMNI-CHANNEL PERSONALISED EXPERIENCE

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DATA-DRIVEN MARKETINGCUSTOMER JOURNEYDATA STRATEGYPROGRAMMATICSEGMENTATION

DATA-DRIVEN MARKETINGCUSTOMER JOURNEYDATA STRATEGYPROGRAMMATICSEGMENTATION

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Data SourcesFirst-party Second-party Third-party

Data collected directly by the organisation

A partner’s 1st party data

Aggregated data from other sources that can

be purchased• Website, mobile web, or

mobile app behaviour on owned and earned properties

• CRM/Data Warehouse• Transaction/POS• Call Centre• Media Performance

• Data shared between Fairfax and TEG Analytics

• Fairfax provides visitors data to TEG Analytics

• TEG Analytics provides purchase and interest data of Ticketek members to Fairfax

• Data purchased from providers like Experian Mosaic

• Demographic data• Spend-pattern data• Geographic data

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• Behaviour• 3rd party data• Browse habits• Singe device

• Customer data• Email address/social profile• Geographic• Product affinities• App usage• Cross device

With More Data Resolution Increases

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What Is The Solution?DATA MANAGEMENT

PLATFORM

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“A unified technology that intakes disparate first, second

and third party data sets, provides normalisation and

segmentation on that data and a allows a user to push the

resulting segmentation into live interactive channel

environments.” Forrester

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How Does It Work?

SHOPPING CART

POS

CRM

WEB DATA

1.Data in 2. Logic, Organisation, Segmentation

3. Data Out

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Audience SegmentationMEDIA BUYING INSIGHTS

WEB ANALYTICS INSIGHTS

MEDIA PARTNERSHIPS INSIGHTS

DATA MANAGEMENT

PLATFORM

CUSTOMER INSIGHTS

Identifywho the person is

Identify what they’re

interested in

Identify where they are in the

purchase funnel

Determine what they’ve

previously purchased

Sweet Spot

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What Does This Enable?

Customer Acquisition- Product and Funnel

based site re-targeting- Cross-sell targeting

(rules-based & algorithmic)

- 2nd & 3rd Party data integrations

Customer Retention- CRM data- Survey/Net Promoter

Score (NPS) targeting

Unifying user profiles and audiences drives more accurate targeting including suppressing unqualified prospects or recent converters.

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Data Players

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DATA-DRIVEN MARKETINGCUSTOMER JOURNEYDATA STRATEGYPROGRAMMATICSEGMENTATION

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Programmatic Data Everywhere

DISPLAY

VIDEOSOCIAL

MOBILE

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Data is digital. Digital is dataTop 5 promotional channels that captured most new or expanded budget:

Website/ecommerce content

Mobile

Social media

Online display

Paid search

...all native digital channels

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Programmatic Display Challenges

*Source: Adobe Symposium, 2016

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Programmatic Ecosystem

©T-

Shap

e Co

nsul

ting

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Media 2.0Contextual

Mass marketing generic messaging to all

Campaign-led based on assumed user journeys

Buy media space up font, pay set price regardless of

performance

Audience-based

Omni-channel customised relevant messaging

Always-on communications based on consumer needs

Relevant, dynamic optimisation of media buy,

payment based on performance

NEW MODEL

TRADITIONAL MODEL

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Media Buying

RTB-OPEN AUCTION

• Provides mass scale and reach using RTB as a backbone

• Allows for the management and access to media supply across the world’s RTB exchanges and networks

PRIVATE MARKETPLACE

• Allows buyers to run direct and Private exchange deals, applying all benefits of RTB

• Automated marketplaces

• Tag based marketplaces

• Provides backbone for premium program

PREMIUM SUPPLY

• Provides bespoke 1:1 access to traditional premium “class I” inventory across key portals and sites on a reserved buy basis

• Provides scaled access to premium supply through RTB mechanisms using an “always-on” approach

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Campaign Planning

TARGET

• Find new customers• Drive repeat

purchases• Influence hand-raisers

UNDERSTAND• Align offline and

online• Purchase and media

data• Leverage 3rd party

data• Create single view

MEASURE Online marketing

impact on product sales

Close the loop Test and learn

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INVENTORY• Publisher inventory• Network inventory• Private marketplace • Exchanges

Reach your audience

TARGETING• Contextual• Recency• Frequency• Geo, day part • Access device

(mobile, tablet etc.)• Mobile device

(Samsung, Apple etc.)• Keyword targeting

Find your audience

SEGMENTATION• Audience Segments• Demographic• Content consumption• Technology behavior

(platform, device, ISP)• Client & publisher

audience matching• Look a like modeling

Know your audience

Audience Planning

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DATA-DRIVEN MARKETINGCUSTOMER JOURNEYDATA STRATEGYPROGRAMMATICSEGMENTATION

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What Agencies Want To Know? Clear Data Origin – Is it deterministic and / or probabilistic data?

For example: Does the data come from people logging in and sharing their personal information or is this guessed by looking at their browsing history?

Data Classification Methodology – What are the rules of classification?

For example: why do they put a user in Segment X (e.g. male) instead of Segment Y (e.g. female)?

Data Validation Process – How do you validate your data?

For example: what principles are in place to test for accuracy of audiences?

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Segmentation StrategiesA segment strategy requires you to understand:

Online OR

Offline

First Party, Second Party

OR Third Party

Rules BasedOR

Algorithmic

PredictiveOR

Descriptive

DATA SOURCE METHOD OF COLLECTION

SEGMENT PROCESS

RESULTING SEGMENT

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Targeting Exclusions If someone who was targeted based off attitudinal data

using targeting data into a DSP or third party data in a DSP, and has seen a certain creative, then apply exclusions based on exposures or engagements with creative.

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CRM Based Targeting You have the ‘what’ signals (what are users doing on your

digital properties) and the ‘who’ signals (CRM data containing age gender, NBO, churn Potential, loyalty status, product owned) that you now combine to create a segment that you can activate across programmatic display

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$2,999 From Sydney

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Frequency Capping When building a segment, you can apply recency and

frequency based filters.

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Cross Sell Once you have a combined segment of behavioural

and descriptive data, you will see segments qualifying for next best offer available for you to target at the right stage.

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Retargeting You searched for a sector, a destination or a hotel

property only to see those ads follow you on the internet.

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Web Behavioural Targeting Combining either data that’s coming in from a third

party data provider which is tied to behavioural or predictive signals, or its based on signals from your own website.

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Dynamic Creative Dynamic Creative- Dynamic creative is a topic in itself

which allow for real time decisioning to render a creative based off data coming in and a segment qualifying for some pre determined logic.

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Sequential Messaging Target a segment by using the ad impression data as an inbound

data source to change the targeting message after a certain amount of ad exposures.

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KEY TAKEAWAY

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Audience-Based Marketing Enables Better Results Data-driven marketing helps marketers get single customer view

Understanding the customer journey leads to more relevancy

DMPs help collect, organise and activate multiple data sources

The more data points, the more precise your audience segment is

Programmatic advertising enables 1:1 conversation with customers

Through multiple segmentation and targeting strategies

Resulting in better return on investment

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Credits And Additional Resources http://blogs.teradata.com/darryl-mcdonald-temp/back-to-basics-the-

definitions-of-data-driven-marketing-and-analytics/

http://www.mckinsey.com/business-functions/marketing-and-sales/our-insights/the-new-consumer-decision-journey

https://hbr.org/2015/10/the-best-data-storytellers-arent-always-the-numbers-people

http://blog.stackadapt.com/native-advertising-glossary http://www.mediapost.com/publications/article/275711/how-to-sell-p

rogrammatic-advertising.html

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T-Shape ConsultingMarlene [email protected]@Tshape_me

Contact

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