How the ID graph enables people-based marketing

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Copyright © 2016, Oracle and/or its affiliates. All rights reserved. | How the ID Graph Enables PeopleBased Marketing David Hibbs Sr Manager, DMP Strategy Oracle Marketing Cloud & Oracle Data Cloud Confidential – Oracle Internal/Restricted/Highly Restricted

Transcript of How the ID graph enables people-based marketing

Page 1: How the ID graph enables people-based marketing

Copyright  ©  2016, Oracle  and/or  its  affiliates.  All  rights  reserved.    |

How  the  ID  Graph  Enables  People-­‐Based  MarketingDavid  HibbsSr Manager,  DMP  StrategyOracle  Marketing  Cloud  &  Oracle  Data  Cloud

Confidential  – Oracle  Internal/Restricted/Highly  Restricted

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“Half  the  money  I  spend  on  advertising  is  wasted;  the  trouble  is  I  don’t  know  which  half.”

– John  Wanamaker

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Old  School  MarketingChannel  based

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• Fans  /  Followers• Media  Content• Segmentation  strategy• Typically  closed  ecosystem,  shiny  object

• Automated  triggers• Promotional  /  Newsletters• Segmentation  strategy• Known  customers

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• Online,  intent  based• Anonymous• Traditionally  dominated  by  Google,  rapidly  changing  (Voice,  AI)

Budgets  &  Marketing  Based  on  Channels  

One  Customer  Profile?

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Adding  to  it,  over  90%  of  purchase  activity  is  still  occurring  offline…

Offline

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Online

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It’s  only  getting  more  complicated

*”Understand   the  cross-­‐device  consumer   in  just  15  minutes”,   Conversant

On  average,  a  consumer  now  uses  3  devices  and  can  have  well  over  6  IDs  

associated  to  them

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More  platforms,  more  unique  IDs.  Proliferation  of  closed  web and  need  to  login

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How  many  IDs  do  YOU have?

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As  consumers  move  across  devices  and  channels,  Marketers  struggle  to  target  the  right  audience

11%Marketers  have  high  

confidence   in  the  audience  they’re  targeting.

-­‐Nielsen

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What  happens  if  you  can’t    accurately  match  IDs  or  lead  with  people  based  marketing?

You  reach instead  of Wasted  media  spend

ControlYour  target  ends  up  in  

instead  of Inaccurate  resultsTest

You  can  only  reach  via instead  of Limited  cross-­‐

channel  reach

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DEVICES

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Marketers  need  a  solution  that  ties  real  people  across  devices  and  channels

CHANNELSIDENTITY

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Modern  MarketingCustomer  Lead  Marketing

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Mobile  IDs

Cookie  IDsSet  Top  Box

Email  IDs

Social  IDs

Typical  Consumer  – IDs  &  Data

She  checks  her  Facebook  feed  while  at  work

Reads  the  news  on  her  mobile  device

She  watches  her  favorite  shows  on  her  set  top  box  

Signs  up  for  ongoing  email  communications

Browses  website  on  her  personal  computer

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Centralize  Data  to  Enable  People  Based  Marketing

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Add  Value

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Centralize  Data  In  “What  You  Know”Multiple  data  sources,   aggregated  into  a  single,  centralized  platform

1st (your data), 2nd (partner  data),3rd (paid  for data  assets)

Website,   display,  video,  mobile,  offline  &  store

Anonymous  &  known  data,  structured  &  unstructured

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Centralize  Data:  ID  Graph  Brings  it  All  Together

Why  is  this  important?• Comprehensive  View  

of  the  customer

IDs  Being  Captured?• App  login• Website  login• Cookie• Offline  capture  (email)• Loyalty  Card

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• Behavior:– Browsed  jeans– Is  considered  inactive  in  email  (no  opens/clicks)

– Frequent  app  user

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• Purchase– Purchased  jeans  in  store  in  the  past  3  months

– Typically  purchases  in-­‐store  3  times  a  year

– Avg lifetime  value– Lives  in  Louisville

Centralized  Data  &  IDs  – Limited  to  your  4  walls

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• Behavior:– Browsed  jeans– Is  considered  inactive  in  email  (no  opens/clicks)

– Frequent  app  user

• 3rd Party– Has  recently  been  searching  for  active  wear

– Has  an  interest  in  running  based  on  frequenting  running  sites/blogs

– Woman,  25-­‐35Oracle  Confidential  – Internal/Restricted/Highly  Restricted 18

• Purchase– Purchased  jeans  in  store  in  the  past  3  months

– Typically  purchases  in-­‐store  3  times  a  year

– Avg lifetime  value– Lives  in  Louisville

• 3rd Party– Super  buyer  score  (high  value)

– Heavy  purchaser  of  running  and  workout  gear

– Fashionista

Centralized  Data  &  IDs  – Combined  with  3rd Party  Data

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Centralized  Data  &  IDs  Drives  People  Based  Marketing

Lives  in  Midwest

Active  Lifestyle

Women  25-­‐35

Active  app  user

Purchases  three  times  a  year  

High  Lifetime  Value

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Centralized  Data  Out  “What  You  Do”Data  to  inform  all  your  marketing  communications

Display   Programmatic,  Premium,  Portals

Video   in  Banner,  in  Page,  Connected  TV

Social   Facebook,  Twitter,  LinkedIn,   etc.

Mobile   iOS,  Android,  Apps,  Browser

Commerce   Site  Optimization,  Landing  Pages

Other   CRM,  Direct  Mail,  Search

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How  to  Get  StartedHow  to  lead  with  a  people  first  strategy

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Identify Collect Centralize Define Activate Optimize

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People  Based  Marketing  Framework

ID  Management  /  ID  Graph

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Identify  the  right  data• What  data  do  you  want  to  be  capturing?  • Where  can  you  capture  data?–Website:  Browse  categories,  abandon  cart,  purchases,  email  address,  account,  cookies,  device  type–Offline:  Purchases,  email  address,  account,  call  center–Mobile:  Account,  email  address,  purchases,  MAIDs– Engagement:  Email  engagement,  media  engagement,  app  engagement

• KPI’s  – How  will  success  be  measured?– Are  you  capturing  the  right  data  to  measure  success?

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Identify Collect Centralize Define Activate Optimize

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Collect  the  data• Are  you  using  page  tags  to  capture  events  from  the  web?• Are  you  capturing  PII  at  point  of  sale  with  purchases?• For  mobile  apps,  are  you  capturing  interaction  with  your  apps?

– Can  you  enable  this  with  your  team?– Could  you  leverage  a  partner?–What  ID  is  being  captured?  Are  there  others?

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Identify Collect Centralize Define Activate Optimize

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Where  will  the  data  reside?• CRM  system  /  Data  Warehouse– Centralized:  customer  ID/#– Typically  a  hub  for  customer  related  data–OnRamp  can  be  used  to  bring  CRM  files  online  to  be  reached  in  digital  channels– Data  Append  to  enrich  customer  profile– Sometimes  difficult  or  slow  to  get  various  types  of  data  in  /  out  /  segmentation

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Identify Collect Centralize Define Activate Optimize

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Where  will  the  data  reside?• Email  marketing  platform– Centralized:  email  address–OnRamp,  FB  and  other  media  partners  allow  you  to  use  email  address  in  their  platforms  – Usually  tied  closely  with  web  behavior  already  (welcome  email,  browse,  abandon  cart,  etc)– Data  Append  to  enrich  customer  profile–May  have  limitations  on  storage  of  data

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Identify Collect Centralize Define Activate Optimize

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Where  will  the  data  reside?• Data  Management  Platform  (DMP)– Centralized:  user  ID– Designed  to  be  central  hub  for  data– Advanced  DMPs  have  ID  Graph  features  built-­‐in  (bring  in  multiple  ID  types)–Media  platform  agnostic– 3rd party  data  built  in  for  analysis  and  targeting,  Look-­‐alike  modeling– Depending  on  who  /  how  it’s  used  could  be  viewed  as  costly

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Identify Collect Centralize Define Activate Optimize

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Focus  on  the  WHO  you  want  to  be  targeting  and  with  WHAT  content

Personalize:  Use  data  to  personalize  the  creative

Ability  to  focus  on  segmentation  strategies:

Prospecting  Examples:• Customer  Profile  /  Look-­‐alike• Fashionistas• Dog  food  buyers• Suppress:  Known  customers

Retention  Examples:• Winback /  reactivation• New  customers• At-­‐risk  /  churn  reduction• Recent  purchasers

Identify Collect Centralize Define Activate OptimizeDefine:  People  Based  Strategy

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Ad  Networks  /  DSPs  /  SSPs

RegMatch

Attribution  &  Optimization

Agencies

Ad  Serving  /  Exchanges

Media

Identify Collect Centralize Define Activate OptimizeActivate:  Channels  /  Devices

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Optimize  based  on  what  worked  or  didn’t  work.  Refine  approach  and  continue  to  improve  your  people-­‐based  marketing

Did  our  people  (audiences)   take  the  desired  actions?  Make  a  purchase?  Sign  up?  Visit  page?

Bring  the  latest  engagement  data    back  into  the  platform  to  revise  your  people  based  strategies

People  based  marketing  makes  it  easier  to  track  back  to  results.  KPIs  can  be  used  to  track  performance  of  different  groups

Identify Collect Centralize Define Activate OptimizeOptimize  /  Measurement

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“Half  the  money  I  spend  on  advertising  is  wasted;  the  trouble  is  I  don’t  know  which  half.”

– John  Wanamaker

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