Personalisation for the 21st century marketer

Post on 29-Oct-2014

793 views 3 download

Tags:

description

In this talk for Smart Data Analytics Forum, Ian McCaig talks you through how to get the most out of your personalization with 6 simple, straightforward steps. Find out how you can drive conversions and get the most out of your ecommerce site.

Transcript of Personalisation for the 21st century marketer

Personalisation for the 21st century marketer

Ian McCaig@QubitGroup

Monday, 17 June 13

Understandvisitors

Break down IT barriers

Personalise websites

What we do

@QubitGroupMonday, 17 June 13

Digital marketing: Ad tech made optimisation pretty easy

3

Digital marketing AD tech +ROI

Search

Display

Email

Social

Monday, 17 June 13

Conversions have now got a whole lot more important

4

CPC Growth

+288%2005-2010

Monday, 17 June 13

Driving conversions isn’t always easy

@QubitGroupMonday, 17 June 13

Impossible to beat amazon

Monday, 17 June 13

CoachReturning customerFirst timer

Three types of boxer

Monday, 17 June 13

First timer: browsing aimlessly, nothing in basket

Best sellers

Monday, 17 June 13

Returning customer: specific search or logged in

welcome backYour recommendations

Monday, 17 June 13

Coach: multiples of same item in basket

Punch bag details:----

Item added:You’re £34 away

from 15% discount

Monday, 17 June 13

52% agree that ‘the ability to personalise web content is fundamental to their online strategy’Source: Econsultancy 2013

@QubitGroupMonday, 17 June 13

72% agree they ‘understand importance of personalisation, but don’t know how to do it’Source: Econsultancy 2013

@QubitGroupMonday, 17 June 13

Key products

Best seller

Specialoffer

What is personalisation?

Latest stock

Impulse products

Monday, 17 June 13

Website personalisation is...

Messaging Offers Announcements

Theme and layout Recommendations Widgets

@QubitGroupMonday, 17 June 13

For all the different types of people who visit your site

Basket casesPeople who put things

in their basket and don’t buy

Lost soulsOn site search users who never find what they're looking for

First timersNew users in

need of brand reassurance before

they engage

Careful spendersPeople who leave long gaps between making

purchases

@QubitGroupMonday, 17 June 13

Optimising all your different technologies as well

Recommendations

Live helpMerchandising

Reviews Retargeting

@QubitGroupMonday, 17 June 13

Modern businesses should be able to enjoy 10% conversion rates

@QubitGroupMonday, 17 June 13

Which businesses are thinking like this?

@QubitGroupMonday, 17 June 13

Data drivenCreating new a heart around digital

Facebook/Google/Apple generation

Forward thinking consumer-focused businesses

Monday, 17 June 13

Data drivenCreating new a heart around digital

Facebook/Google/Apple generation

Forward thinking consumer-focused businesses

Monday, 17 June 13

Data drivenCreating new a heart around digital

Facebook/Google/Apple generation

Forward thinking consumer-focused businesses

Monday, 17 June 13

Delivering personalisationin six steps

@QubitGroupMonday, 17 June 13

1. Choosing the right mix of technologies

@QubitGroupMonday, 17 June 13

Content Management Systems haven’t adapted enough

Analytics; but this didn't move beyond a reporting function in a company- Web analytics- Site diagnostics

TMS; to help marketers deploy 3rd party technology and manage their data - Tag management- Data management

Optimisation; focused on site optimisation but drove limited ROI- Testing- Targeting

CMS

@QubitGroupMonday, 17 June 13

The technologies needed for personalisation

Data structuring and collection

Insight and analytics

Widgetsand apps

Messaging,personalisation

platformTesting

@QubitGroupMonday, 17 June 13

Penetration of Analytics

99%

AnalyticsDoes not use analytics

Analytics

WithoutWith

@QubitGroup

Qubit research on technology adoption in travel and retail

Monday, 17 June 13

Penetration of Analytics

99%

AnalyticsDoes not use analytics

Penetration of testing and targeting

66%

34%

T&T technologyNo T&T technology

Analytics Testing & Targeting

WithoutWith

@QubitGroup

Qubit research on technology adoption in travel in retail

Monday, 17 June 13

Qubit research on technology adoption in travel in retail

Penetration of Analytics

99%

AnalyticsDoes not use analytics

Penetration of testing and targeting

66%

34%

T&T technologyNo T&T technology

Penetration of TMS

78%

22%

TMSNo TMS

Analytics Testing & Targeting Tag Management

WithoutWith

@QubitGroupMonday, 17 June 13

2. Getting the right skills in house

@QubitGroupMonday, 17 June 13

Businesses used to have a head of electricity...

Monday, 17 June 13

Building an organisation for the future

Development

@QubitGroupMonday, 17 June 13

DevelopmentDigital

Marketing

Building an organisation for the future

@QubitGroupMonday, 17 June 13

Development

Acquisition

Merchandising

Retention

Building an organisation for the future

@QubitGroupMonday, 17 June 13

Development

Acquisition

Merchandising

Retention

Analyst / Data Scientist

Agency

Building an organisation for the future

@QubitGroupMonday, 17 June 13

It can help your business work more efficiently

Development

Analyst / Data Scientist

Agency

Merchandising

Optimisation

Retention

@QubitGroupMonday, 17 June 13

the shortage in data scientists by 2017

190K

New skills are in demand

@QubitGroupMonday, 17 June 13

CMOs need to become CMIOs!

@QubitGroup

Future CMO

Uses tech as a must have tool

Present CMO CIO

Monday, 17 June 13

3. Collecting the right data

@QubitGroupMonday, 17 June 13

Visitor behaviour has changed; traditional tools don’t work

Then: The purchase funnel

Now: The custumer decision journey

Awareness

Familiarity

Consideration

Purchase

Loyalty

Evaluate

Commit

Experience

Consider Buy

Interest trigger

Decision trigger

@QubitGroupMonday, 17 June 13

More advanced models are now required

Quantitative dataUniversal Variable structures all the data from each page

Your products are hard to

find

< navigation >

< description >

< price >

< image > < colour >

Qualitative dataVisitor Opinion gathers useful

insight as people leave the page

@QubitGroupMonday, 17 June 13

Universal Variable: data collection for the 21st century marketer

@QubitGroupMonday, 17 June 13

4. Finding insights you can act on

@QubitGroupMonday, 17 June 13

Visitors arriving at lunchtime are 33% more likely to purchase than at other times of the day

Time of day

@QubitGroup

Qubit research, 2013

Monday, 17 June 13

Geo insights

The average US customer coming to a UK website is worth over three times as much as a UK customer to your business

@QubitGroup

Qubit research, 2013

Monday, 17 June 13

Chrome users are the most price sensitive - they’re 7% more likely to complain about price!

Browser

@QubitGroup

Qubit research, 2013

Monday, 17 June 13

Browser insights

Internet Explorer users are much more likely to convert than other browser users

Qubit research, 2013

@QubitGroupMonday, 17 June 13

5. Deliveringpersonalisations

@QubitGroupMonday, 17 June 13

A new means of delivery, led by the marketer

A presentation layerDiscovering insights, delivering content, offers and widgets to your site; through your browser

CMS / eCommerce platform

A data layerTag Management deploys your technologies and aligns your data

Website

@QubitGroupMonday, 17 June 13

The ability to target on precise variables

Amount in basket Search query Referrer

Shopping behaviour

Product criteriaBrowser or device

Geo location Stock availability Any JS variable

e.g. people who put more than £75 stock in their basket and look like they’re about to leave the page

@QubitGroupMonday, 17 June 13

Act quickly

@QubitGroupMonday, 17 June 13

51

Monday, 17 June 13

6. Measure performance

@QubitGroupMonday, 17 June 13

Site optimisation vs Merchandising

50% 50%

95%

5%

@QubitGroup

AB Testing Campaign delivery

• Optimisation led• Find best variation for

specific customer segment• Test and push winning

variation live• E.g. testing new landing pages

• Campaign led• Serve to all relevant customers. • Run 5% global control to learn

about impact of campaign• E.g. 75% off end of season

stock announcement

Monday, 17 June 13

A need for constant measurement

@QubitGroupMonday, 17 June 13

7% conversion uplift For Crew Clothing

55

New visitors encountering the brand for the first time.

Three layers designed to increase brand engagement; email sign-up, free delivery and customer service promise.

Monday, 17 June 13

Worked example

@QubitGroupMonday, 17 June 13

biceps

@QubitGroupMonday, 17 June 13

bicepsBehavioural data

InsightContent

ExecutionPerformance

Simple workflow

@QubitGroupMonday, 17 June 13

French Connection

@QubitGroupMonday, 17 June 13

Behavioural data

@QubitGroupMonday, 17 June 13

InsightPaid and natural search had low conversions and complained about price

@QubitGroupMonday, 17 June 13

ContentAn on-page message layer

A simple message encouraging this segment to buy and experiment with FCUK products.

@QubitGroupMonday, 17 June 13

ExecutionThe message was served to all visitors on paid and natural search

@QubitGroupMonday, 17 June 13

Performance

7.3% conversion uplift

@QubitGroupMonday, 17 June 13

Simple workflow

Behavioural data Insight Content Execution Performance

Simple workflow

two weeks@QubitGroup

Monday, 17 June 13

Closing thought

@QubitGroupMonday, 17 June 13

Utility web

Forward thinking consumer-focused businesses

@QubitGroupMonday, 17 June 13

App storesUtility web

Forward thinking consumer-focused businesses

@QubitGroupMonday, 17 June 13

Experience webApp storesUtility web

Forward thinking consumer-focused businesses

@QubitGroupMonday, 17 June 13

Sign up for the Forrester research

Sign up here:bit.ly/qubitforrester

@QubitGroupMonday, 17 June 13

Thanks

Follow us @QubitGroup

Monday, 17 June 13