Behavioural Marketing in a Multi Channel World

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#WTM13 #WTM13 Silverpop World Travel Market, London 6 th November, 2013. Behavioral Marketing. How to Get Your Customers to Love You

description

Presented at the World Travel Market 2013 Speaker: Will Schnabel, MD EMEA Behavioural Marketing & how to get your customers to love you The World of Marketing is now more multi-channel dependent than ever. Find out how to better integrate your email, web, mobile and social media marketing to deliver outstanding ROI. And how a behavioural marketing approach can drive personalised, multi-channel experiences for your customers that ultimately means they'll love you to death. This presentation looks at Behavioural Marketing and the simple journey you can follow to deliver a more personalised experience for your customers: • How to capture the things people do when they interact with your company across all channels (email, web, mobile, social, etc). • How to combine that data with what you already know about that person – the profile & preferences; or past behaviours. • The rules to apply to the data • How to use the rules to generate a personalised interaction and a multi–channel, multi-step relationship that delivers the most relevant customer experience for the individual.

Transcript of Behavioural Marketing in a Multi Channel World

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SilverpopWorld Travel Market, London

6th November, 2013.

Behavioral Marketing.

How to Get Your Customers to

Love You

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Silverpop is…the unified digital marketing platformthat delivers superior return on relationshippowered by the deepest insightinto the way each customer behaves.

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5,200+ Brands & 16,000+ Marketers Powered by Silverpop

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Email

Web Sites

Search

Creative

Collaborative

Remember when…

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Digital Marketing Channel Explosion

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#1.The way we communicate

#2.The way we learn and buy

As buyers, we all began to change

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Marketing didn’t really change

we took on more and ran faster

More Channels

More ContentMore Campaigns

More Messages

Declining Results

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Message Overload

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So customers are beginning to tune out

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Buyers are looking for Personalized Experiences

VS

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Help!

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Marketing practice

is ten years behind

marketing vision.

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Behavioral Marketing.

Let me introduce you to

Bob.#WTM13

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This is “Bob”,the owner of“Primrose Deli”

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Three weird facts

I love it

1

Bob = Waitrose x 5

Avg spend per visit = + 30-200%> planned

2

WaitroseBob

3

John
To your point, lets stress "and that's because he's a nice guy"
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Marketing needs toget more like Bob

S I M I L A R I T Y T O B O B

P R O F I T

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Today, marketing is un-Bobular

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We’re on the way

B R O A D C A S T T A R G E T I N G S E G M E N T I N G P E R S O N A L I Z I N G

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The Segmented Audience Approach

Male30-40

Male30-40

Male30-40

Male30-40

Male30-40

Male30-40

Male30-40

FemaleHomeowner

FemaleHomeowner

FemaleHomeowner

FemaleHomeowner

FemaleHomeowner

FemaleHomeowner

FemaleHomeowner

College EducatedWith kids

College EducatedWith kids

College EducatedWith kids

College EducatedWith kids

College EducatedWith kids

College EducatedWith kids

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Problem: The Segmented Audience approach is failing

3%

Relevant Irrelevant

97%

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Extending traditional segmentation

1

By Profile

2

By Preference

3

By Now?

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Shrinkingsegments

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The goal: segments of

one

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The biggest win: by behavior

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• Age• Gender• Nearest

Airport/station• Travel

preferences• Buy for self/as

a gift• Anniversary• Birthday• etc

Demographics

• Opened email• Did not open

email• Clicked on link

in email• Bounced• No mailing

activity

Email behavior

• Booking/ Travel history

• Survey results• Loyalty points• Destination

searches• Abandoned carts• etc

Relational data

• Cart abandoned• Trips searched• Form completed• Information

downloaded• Video viewed• Custom event• Recommend-

ations• ‘Likes’

Web behavior

• Voucher redemption

• Hotel purchase• Event

attendance• Call centre

activity• Information

request• etc

Off-line behavior

Data that can be used for Segmentation

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Noise

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Insight = Gold

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Getting on the road to behavioral marketing

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A really simple idea

Capture action

Apply rules Generate the best, interaction

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A really simple idea, refinedCapture behavior

Apply rules Generate the best, most personalized series of interactions

MeasureCombine with existing knowledge

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A really simple idea, refined and turbo-chargedCapture behaviorfrom any channel

Apply rules Generate the best, most personalized series of interactions

And most relevant trackacross all channels

Measureand store learning to inform rules

Combine with existing knowledgefrom profiles, preferences and past actions across all channels

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That’s what Bob does

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The 5 big questions

1Which behaviors matter most?

How do we turn this insight into action?

How todo it at scale?

How do we do it across all channels?

How do we capture and learn from them?

2 3 4 5

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Whichbehaviors

matter most?

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• Booking history• Survey results• Loyalty points• Trip searches• Abandoned carts• etc

• Age• Gender• Nearest airport• Travel preferences• Buy for self/as a gift• etc

• Cart abandoned• Product searched• Form completed• File downloaded• Video viewed• Custom event• ‘Likes’• Recommendations

• Opened email• Did not open email• Clicked on link

in email• Bounced• No mailing activity

• Voucher redemption• Store purchase• Event attendance• Call centre activity• Catalogue request• etc

Demographics Email behavior Relational data Web behaviorOff-line behavior

Which behaviors to track?

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How doyou capture and learn?

2

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SOCIAL

EMAIL

BRICKS & MORTAR POS

B E H A V I O R A L D A TA B A S E

WEBSITE

LOCATION

CRM

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The marketing database must establish a single view of a customer across platforms and devices

Single Identity

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How to turninsight into

action?

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TriggersRules Analysis Scoring

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How todo it at scale?

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How do we do it across

all channels?

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Web site

Call

Direct Mail

Email

SMS

Social

Output Channels –Communications

Silverpop Input Channels

External Input Channels

Web site

Location

Email

Social

SMS

Store EPOS

Travel Site store

Call centre

Mail order

Input channels –Interactions

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Getting there from here

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The right platform

EmailHigh volume sendsRapid throughputDeliverability services

Marketing AutomationWeb trackingContact scoringContact nurture programmesAutomated behavioural routingAlerts

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Automate something!

• 1. Welcome/Onboarding• 2. Browse Abandonment• 3. Booking/Cart Abandonment• 4. Recommendation• 5. Travel Review Request• 6. Happy Birthday• 7. Replenishment/Re-order• 8. Cross Sell• 9. Travel/Purchase Anniversary• 10. Re-engagement

#dmu13

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Back to Bob

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Start on the Road to

Behavioral Marketing

STA Travel: Moving towards a

segment of one

http://vimeo/69406200

Or email us at

[email protected]