dianomi adtech London presentation 2011

17
Turning Data Insight into Actionable Strategy How dianomi ’s Exedra platform provides the insight needed to engage and convert prospects optimally at every stage of the customer journey Cabell de Marcellus & Julian Barkes Wednesday, 21 September, 13:50-14:20 Visit us at Stand 198

description

Julian Barkes and Cabell de Marcellus talked about “How dianomi is turning data insight into actionable strategy” on Wednesday 21 at adtech London.“Data lies at the heart of all businesses. However data alone counts for nothing; it’s what you learn from it and how use you it to make informed changes that really matters. What the client needs is an actionable strategy based on critical marketing intelligence to optimise their entire marketing campaign. Find out how dianomi’s Exedra platform provides the insight needed to optimally engage and convert prospects at every stage of the customer journey.”

Transcript of dianomi adtech London presentation 2011

Page 1: dianomi adtech London presentation 2011

Turning Data Insight into Actionable Strategy

How dianomi™’s Exedra™ platform provides the insight

needed to engage and convert prospects optimally at every

stage of the customer journey

Cabell de Marcellus & Julian Barkes

Wednesday, 21 September, 13:50-14:20Visit us at

Stand198

Page 2: dianomi adtech London presentation 2011

Visit us at

Stand198

The Exedra™ Platform

Exedra™™

Live OptimisationTurning our proprietary

Level2Insight™ data into an

actionable strategy to maximise

ROI.

Audience ReachServing over 200m custom ad

impressions a month across our white

labelled premium publisher network,

targeting the affluent consumer, we

provide a brand-safe and

transparent environment.

Level2Insight™

Market Intelligence and

Analysis providing in depth

data insight to help you

acquire, retain and grow

your customer base.

Affluent Audience Targeting

Optimised ad placement via

our SmartLinks™ contextual

technology ensures promotions

are displayed in the right place

for the right person.

ENGAGE - OPTIMISE - CONVERT

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Stages of the customer journey

TARGET

ENGAGE

CAPTURE

EDUCATE

NURTURE

CONVERT

SURVEY

CR

ITIC

AL

MA

RK

ET

ING

INT

ELL

IGE

NC

E

Turning

prospects into

informed buyers

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Target

Affluence Age

TypesGroups

● Market to the right demographic with the means to become valuable customers.

● Exedra™ is fully integrated with Experian down to the household level.

● Users are demographically profiled in real time.

● 30% of the prospects generated by the Exedra™ platform come from the UK’s 10% most affluent.

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Engage

● Start by optimising your click-through-rate. It’s easier & results are more dramatic

● Choose theme, don’t guess. Listen to your customers through surveys

● Identify popular customer needs

● Use the customer’s terminology

● Start by optimising your most trafficked page

1. An improvement will make a bigger difference to sales

2. You will get test results faster and with more confidence

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Optimise

● Test everything - all marketing decisions must be based on

statistically significant test results

● Common testing mistakes:

1) Most examples don’t provide P-value - the probability

of obtaining the result by chance alone.

i) A p-value of less than 5% is a common level of

statistical significance.

2) Comparing test results over two different time periods

can mislead you.

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Optimise

A: 10 Seriously Undervalued StocksB: Which are the top 10 undervalued companies in the UK

CTR for Group A has 47.4% higher than Group B. The result is statistically significant (at the p<0.05 level). A result like this will only occur 0.00% of the time by chance alone.

Leads generated for Group A has 32.2% than Group B. The result is statistically significant (at the p<0.05 level). A result like this will only occur 1.87% of the time by chance alone.

● Exedra™ automated ad variant testing

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CaptureExedra™ - automated A/B/n variant landing page testing

● Landing page submit rates depend largely on the extent of the user details you are capturing: 15%, 10%, 5%

● Use hero shots, awards, testimonials, social proof, authority and benefits.

● We work with industry leading optimisation experts.

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Example A/B landing page test

Binomial test to compare two proportions

VERSION CLICKS SUBMITS %

A: no awards 558 58 10.4

B: with awards 1265 202 16.0

Group B has 54% higher success rate than Group A.

The result is statistically significant (at the p<0.05 level). A result like this will only occur 0.21% of the time by chance alone.

BUT the time period was NOT the same.

When we only look at data over the same time period...

VERSION CLICKS SUBMITS %

A: no awards 558 58 10.4

B: with awards 601 78 13.0

Group B has 25% higher success rate than Group A.

The result is NOT statistically significant (at the p<0.05 level). A result like this will occur 20.25% of the time by chance alone.

Capture

Action: Keep the test running until we have less than a 5% chance of obtaining the result by chance alone.

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Educate

● A customer cannot buy a product if he has not been

educated. In our surveys, we found the most popular request

from users was more education

● Education is an essential part of the buying process:

✔ Guides

✔ Reports

✔ Trials

✔ Demos

✔ Samples

✔ Test drives

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Nurture

● Use automated email touch-points: confirmation, fulfillment,

update

● Exedra™ is Return Path certified and fully compliant with

best email practices:

1. handling bounces

2. stopping emailing inactive users

3. achieving a low complaint rate

4. digital signing of emails (DKIM)

5. sending consistent volumes

● Sending emails at the same time of day as original request

● Automated optimisation of subject lines

Result: Raised deliverability from 50% to over 99%

Properly nurtured users are 4x more valuable

Service Provider:Email Delivery Certification

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Nurture

Exedra™ tracks the rate of opens, clicks, bounces, unsubscribes, complaints and CPM.

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Convert

Whether final stage conversion is completed online, via the post or over

the phone - persistence is vital.

● In some cases a prospect needs to receive 5.8 pieces

of direct mail before converting

● 93% chance of making contact after 6 attempts versus

only 39% on the first attempt (see leads 360 white paper)

● However 50% of leads are only called once

● Leads called within one minute can convert more than

4x leads that are left waiting

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SurveyLearn, Adapt, Evolve

Gain critical marketing intelligence to optimise your entire

marketing strategy

● What did you choose?

● Why did you choose that product?

● Why did you choose another product?

● Investor Surveys

● Automotive Surveys

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Example level2insight™ report, provide in-depth analysis including:

Page 2

Lead Sources and Volumes

Leads by Publisher

The Motley Fool (LM)

This Is Money

Interactive Investor

dianomi

London Stock ExchangeGoogleYahoo! Search

MSN

Yahoo! Finance

Guardian News & Media

Fair Investment Company

TrustNet

Telegraph

MIVA

Bullbearings

Timesonline

Reuters

Hemscott.comThe Motley Fool

MoneywiseFool email

lovemoney.com

Others

Volume of Leads by Month

2003/022003/032003/042003/052003/062003/072003/082003/092003/102003/112003/122004/012004/022004/032004/042004/052004/062004/072004/082004/092004/102004/112004/122005/012005/022005/032005/042005/062005/072005/082005/092005/102005/112005/122006/012006/022006/032006/042006/052006/062006/072006/082006/092006/102006/112006/122007/012007/022007/032007/042007/052007/062007/072007/082007/092007/102007/112007/122008/012008/022008/032008/042008/052008/062008/072008/082008/092008/102008/112008/122009/012009/022009/032009/042009/052009/062009/072009/082009/092009/102009/112009/122010/012010/022010/032010/042010/052010/062010/072010/082010/092010/102010/112010/122011/012011/022011/032011/042011/052011/06

0

500

1000

1500

Survey

● Demographic profiling

● Competitor

benchmarking

● Fulfillment tracking

● User feedback

● Mystery shopper

Page 3

Demographic compared vs UK populationExperian FSS Age Index for Leads vs Population

Age 18-25

Age 26-30

Age 31-35

Age 36-40

Age 41-45

Age 46-50

Age 51-55

Age 56-60

Age 61-65

Age 66-70

Age 71-75

Age 76+

-50

0

50

Experian FSS Affluence Index for Leads vs Population

Bottom 5%

Bottom 5%

-10%Low

10%-15%

Low 15%

-20%Low

er 20%-25%

Lower 25%

-30%Low

er 30%-35%

Lower 35%

-40%M

iddle 40%-45%

Middle 45%

-50%M

iddle 45%-50%

Middle 40%

-45%U

pper 35%-40%

Upper 30%

-35%U

pper 25%-30%

Upper 20%

-25%H

igh 15%-20%

High 10%

-15%Top 5%

-10%Top 5%

-50

0

50

100

Experian FSS Types Index for Leads vs Population

A1:Up & C

oming Elite

A2:Professional SolosA3:O

pportunities and Overdrafts

B4:Looking to the FutureB5:Lim

ited LivelihoodsB6:C

arefree Kick-offB7:Books and BeerC

8:Getting By Alone

C9:Solitary Effort

D10:Straining the Budget

D11:C

hild-raising Challenge

D12:Poor Prospects

E13:Fully Com

mitted Funds

E14:Independent InvestorsE15:C

onfident Consum

ersE16:Fam

ily Focused FinanceE17:W

ork-life BalanceF18:O

verspending Optim

istsF19:Savvy Big SpendersF20:D

ownscale M

ortgageesF21:H

ocked to the Hilt

G22:C

ream of the C

ropG

23:Corporate Top D

ogsG

24:Smart M

oneyG

25:Property TycoonsG

26:Conservative Accum

ulatorsH

27:Asset-rich AchieversH

28:Dependable C

omfort

H29:R

at Race Escapees

I30:Conventional Progression

I31:Cautious Borrow

ersJ32:Venerable W

orkforceJ33:Fam

ily ValuesJ34:O

n Course for R

etirement

K35:Inadequate ProvisionsK36:Pennyw

ise Economy

K37:Sunset SinglesK38:Seasoned State R

elianceL39:G

reys in the PinkL40:W

ell-off Dow

n-tradersL41:Vintage C

ouplesL42:Low

Cash Flow

EldersM

43:Old-fashioned Prudence

M44:Shoestring Seniors

M45:Pensioners in N

eed

0

100

200

Experian FSS Groups Index for Leads vs Population

A:Successful Start Type

B:Happy H

ousemates

C:Surviving Singles

D:O

n the Bread Line

E:Flourishing Families

F:Credit-hungry Fam

ilies

G:G

ilt-edged Lifestyles

H:M

id-life Affluence

I:Modest M

id-years

J:Advancing Status

K:Ageing Workers

L:Wealthy R

etirement

M:Elderly D

eprivation

-50

0

50

100

Page 16: dianomi adtech London presentation 2011

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Stand198

Stages of the customer journey

TARGET

ENGAGE

CAPTURE

EDUCATE

NURTURE

CONVERT

SURVEY

Exedra™

TECHNOLOGY PLATFORM

CR

ITIC

AL

MA

RK

ET

ING

INT

ELL

IGE

NC

E

Detailed Demographic Analysis

Automated Ad Variant Testing, Contextual Tech

Automated Form Variant Testing

Turning Prospects into Informed Buyers

Build User Value with Email and DM

6 Conversion Attempts

Optimise the Entire Marketing Strategy

Page 17: dianomi adtech London presentation 2011

Thank you for your time

Any questions?

Cabell de Marcellus & Julian BarkesVisit us at

Stand198 www.dianomi.com