Big data, best served with common sense€¦ · Understand marketing opportunities and prioritise...

14
Big data, best served with common sense Creating a successful data-driven marketing organisation

Transcript of Big data, best served with common sense€¦ · Understand marketing opportunities and prioritise...

Page 1: Big data, best served with common sense€¦ · Understand marketing opportunities and prioritise Awareness Targeted acquisition, generic search Targeted acquisition, data driven

Big data, best served with common sense

Creating a successful data-driven marketing organisation

Page 2: Big data, best served with common sense€¦ · Understand marketing opportunities and prioritise Awareness Targeted acquisition, generic search Targeted acquisition, data driven

Data lover turned commercial

Analytics Online Processes

Digital Marketing Analytics/forecasting

Pricing Acquisition planning

Pricing, revenue mngt Business planning

Engineering Financial & strategy analysis

Leverage data

Page 3: Big data, best served with common sense€¦ · Understand marketing opportunities and prioritise Awareness Targeted acquisition, generic search Targeted acquisition, data driven

Big data moto

• What big data guys say:

– invest millions in a tool

– Spend years on a datawarehouse

– And you will live happily ever after

Page 4: Big data, best served with common sense€¦ · Understand marketing opportunities and prioritise Awareness Targeted acquisition, generic search Targeted acquisition, data driven

Digital transformation => embracing the new world and build competitive advantage

• Challenges

– Silos, internal politics

– Skills

– Investment

– Time horizon, pace

Customer centric

Relevance

Data excellence

• Analytics mantra

• Vision and roadmap

• Agility

• Relevance and influence

• Processes and scalability

• Infusing across the organisation

Digital values

Page 5: Big data, best served with common sense€¦ · Understand marketing opportunities and prioritise Awareness Targeted acquisition, generic search Targeted acquisition, data driven

Understand the battleground

Vs

Who wins ?

Page 6: Big data, best served with common sense€¦ · Understand marketing opportunities and prioritise Awareness Targeted acquisition, generic search Targeted acquisition, data driven

Identify key priorities -Understand strength and weaknesses with competitors

- Focus on the strengths

ROI <<3 ROI 10-50 ROI 4-7

Maintain /grow awareness

Invest Optimise

Choosing the right battles

Page 7: Big data, best served with common sense€¦ · Understand marketing opportunities and prioritise Awareness Targeted acquisition, generic search Targeted acquisition, data driven

Understand marketing opportunities and prioritise

Awareness

Targeted acquisition, generic search

Targeted acquisition, data driven display

Affiliation

Retargeting

On site engagement

E-mail retargeting

CRM

Loyalty Relevance

Retention

Converting and increasing revenue

from existing customers or visitors

Prospection,

increasing awareness,

increasing visitors based

Page 8: Big data, best served with common sense€¦ · Understand marketing opportunities and prioritise Awareness Targeted acquisition, generic search Targeted acquisition, data driven

Choosing the right crew

• Turning data into insights require a business and data mind

• Need a map: – What are the drivers

– Prioritise opportunities

• Then focus on execution ...

• ... and initiate traction in the organisation

Page 9: Big data, best served with common sense€¦ · Understand marketing opportunities and prioritise Awareness Targeted acquisition, generic search Targeted acquisition, data driven

Building the team and tools according to priorities

Marketing

acquisition

•Market mapping

•Content prioritisation

•Budget allocation by product line/season

•Bidding tool

•Portfolio analysis

•Attribution model

•RTB

•Retargeting rules

Customer engagement

•Customer segmentation

•Social-media analysis

•Dynamic online response (live chat, offers, ...) optimisation

•Loyalty program fine tuning

•E-mail performance

Usability and conversion

•Funnel analysis

•Error analysis

•Speed/performance analysis

•Voice of the customer

•Session replay

•A/B testing

Product and

merchandising

•Product sales and contribution analysis

•Product scoring

•Price competitiveness

•Product reviews

•Banner analysis

Page 10: Big data, best served with common sense€¦ · Understand marketing opportunities and prioritise Awareness Targeted acquisition, generic search Targeted acquisition, data driven

Turn the web into a scalable marketing tool

Analyse the market Prioritise content and brief

content producers

Publish and promote content on

blog/websites/forums

Identify and prioritise the key themes and places Prioritise the SEO actions in terms of links and content

Develop a scalable content factory Content management and content production network Establish priority lists and templates

Promote relevant content to stimulate engagement Build communities

what are the age limits for hiring a car in america

what are the different classifications of roads

what are the rules regarding filling up a motor vehicle with petrol

what car insurance is required for a rental car in spain

what class is a meriva hire car

what do i need to hire a car

what do i need to rent a car in uk

what docs do i need to collect avis car

what does csr mean for a car

what happens if i dont have my driving licence when renting from avis

what happens if you smash a hire car

can a 19 year old hire a bmw

can a speeding offence in france be traced back to the uk

do holiday autos take full payment at time of booking?

do i need car insurance to rent a car in the uk?

do i need third party liability insurance car hire hertz

Page 11: Big data, best served with common sense€¦ · Understand marketing opportunities and prioritise Awareness Targeted acquisition, generic search Targeted acquisition, data driven

Evangelise people around simple data driven processes

• Principle 1: create a joint approach between agency and business

• Principle 2: align investment with pricing and availability

• Principle 3: empower people

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%

4.0%

4.5%

5.0%

0.00

0.50

1.00

1.50

2.00

2.50

1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 55 57 59 61 63 65 67 69 71 73 75 77 79 81 83 85

ROI (blue)

Conversion (red)

Pilot starts

Analytical tool involved:

-Excel ... -Looking at data logically -Identifying easy patterns

Results: - Simple process that people understand => buy-in - Immediate results - Alignment about the role of paid search

Page 12: Big data, best served with common sense€¦ · Understand marketing opportunities and prioritise Awareness Targeted acquisition, generic search Targeted acquisition, data driven

What does it take to evangelise?

• Simplify the problem, choose a pilot

• Present the data easily

• Highlight the decisions that people need to make

• Train and empower

Product line Visits Assets Asset utilisation Online conversion ROI

Windermere 18,509 466 68% 10.2% 9

The Shire 15,278 632 69% 9.7% 8

Moria 7,108 149 69% 28.8% 12

Gondor 6,474 26 56% 6.9% 2

Neverland 5,786 177 73% 18.5% 13

Narnia 5,491 179 66% 9.1% 7

Atlantis 5,326 695 70% 8.2% 6

Easter Island 5,305 102 71% 14.3% 11

Christmas Island 4,204 221 56% 5.3% 3

Shepherd Marsh 4,017 174 93% 21.0% 10

Gold fields 3,992 105 69% 14.6% 9

Page 13: Big data, best served with common sense€¦ · Understand marketing opportunities and prioritise Awareness Targeted acquisition, generic search Targeted acquisition, data driven

How can I grow my market share? How to improve profitability? I need to hit the next quarter EBIT

The modern CDO or CMO

M-commerce Multichannel

Blogger outreach

Long-tail Geo-targetting

Page 14: Big data, best served with common sense€¦ · Understand marketing opportunities and prioritise Awareness Targeted acquisition, generic search Targeted acquisition, data driven

Thank you

• @PascalMoyon