Marketing is spaghetti of channels, audiences, tactics...

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1 Copyright © Kvantum Inc. - Real-Time Cross-Channel Marketing Optimization Platform Marketing is spaghetti of channels, audiences, tactics, …. What is the role of each in driving consumption?

Transcript of Marketing is spaghetti of channels, audiences, tactics...

Page 1: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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Marketing is spaghetti of channels, audiences, tactics, ….

What is the role of each in driving consumption?

Page 2: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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Marketing environments change rapidly in response to

change in consumer’s digital interactions with

advertising channels.

Known Changes to

algorithms in past 2

years that impact ad

effectiveness – Google

25+ , Facebook 20+

Page 3: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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And there is a constant evolution & maturation of newer

ad environments.

CROSS DEVICE TRACKING

MEASUREMENT & TRACKING

PROGRAMMATIC ADS

PORTA- POTTY

Sourced from : Pinterest

Page 4: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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If I have to put all my money in only ONE marketing

channel today, which channel would I choose?

Page 5: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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No single channel can truly address all the

permutations of the customer journey, but still if I

have to choose a channel today, I would probably

choose.

Amazon (strictly my opinion!)

Page 6: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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What about 6 - 12 months back? Would my choice

be any different?

Page 7: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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What about 6-12 months back? Would my choice

be any different?

Google Display Network (again, strictly my

opinion!)

Page 8: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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What about 18 months back? Would my choice be

any different?

Page 9: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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What about 18 months back? Would my choice be

any different?

Facebook platform + Instagram + Pinterest maybe

Page 10: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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5 years back?

Page 11: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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5 years back?

TV, perhaps?

Page 12: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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The important question is: what about 6 – 12 months

from now?

Page 13: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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We do not know ….

Page 14: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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ROI ( 1 Months Trailing) ROI ( 2 Months Trailing)

Campaign – Spring Style $1.20 $1.19

TV $1.19 $1.35

Early Fringe $1.10 $0.80

News $2.15 $1.89

Prime $3.12 $3.00

GDN $5.20 $6.20

Remarketing 30 days $7.14 $6.14

Apparel & Accessories|

Outerwear

$1.95 $1.99

Home & Garden | Home

Decor

$5.32 $6.82

… … …

Facebook | Instagram (50:50) $3.10 $3.15

Website visitors

retargeting

$4.20 $4.25

Fans $1.60 $1.70

… … …

Programmatic Display $5.43 $5.43

X-Axis $6.03 $6.03

Acxiom $1.20 $1.20

Programmatic TV $7.60 $7.60

Hulu $10.18 $10.18

Samba $4.30 $4.30

GDNSpend: $2MM

ROI: $5.20Target OTR:

85%

The only way to know channels that work & are emerging

is through rapid, granular tracking of Marketing ROI.

Page 15: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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Granular insight is useful only if it is paired with

rapid action

Rapid Measurement

Actionability

Page 16: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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How does AI enable rapid, granular insight at scale

and effective cost?

Page 17: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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How does AI enable rapid, granular insight at scale and

effective cost?

1. Consumer voice through text, image & video content

2. Learn from high dimensional data available

3. Establish situational context & tracking of marketing

performance

4. Support rapid test & learn

Page 18: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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Use AI/ML to tap into

consumer voice

Consumers express their opinions,

reactions & perceptions through various

digital & social forums. Use of AI/ML

algorithms to mine context & sentiment

provides a rich source of signals required

to understand ongoing brand sentiment.

#Convolutional Neural Nets

#Deep_Learning_NLP

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Harness rich, high

dimensional data.

The marketing process generates massive

amounts of data, but it is mostly very high

dimensional and short run time series. AI &

ML domains provides high dimensional

pattern extraction & causal reasoning

techniques that help exploit the

information available in such large data

sources.

#High Dimensional Covariance Estimation

#Matrix Factorization #Clustering

#Decision Trees

Thousands of variables that

reflect media tactics,

audience characteristics

Short timeframes

(12 – 24 weeks of data)

Page 20: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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Establish situational

context & tracking

marketing performance.

We leverage very similar AI

algorithms that establish situational

context & tracking of the performance

of a marketing channel, without the

need to observe and track each

consumer.

The key role of AI/ML is to be able to

adapt to various levels of data

availability & data noise to establish

actionable outcomes.

The navigation, tracking & control of the

Mars Rover was done from 54.6 million

miles away without a clear view of the

rover.

Page 21: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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Learn from actions undertaken in response to

marketing performance

Dayparts Media Inventory

Hypothesis

CPM/CPP Ranges Brand Inputs Product & Event

Creatives

Brand, Media

Decisions & Actions

Feedback from past test & learn activities

Page 22: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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As an organization how do you connect this with

actionability?

Page 23: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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Gaining actionable attribution output

beyond digitalBreadth

within a tacticDepth

of measurementVersatility

utilizing benchmarks and saturation curves

Optimization

Page 24: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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Direct Stimulus

Media

Digital Media

Traditional Media

Other Tactic

Public Relations

Shopper

Marketing

Trade Marketing

Consumer Promotions

Indirect

Stimulus

Halo Impact of Sister

Brand(s)

Brand A Brand B

Look at the entire marketing landscape not just

digital

Page 25: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

TV Print Display Social

Media

OLV PR Paid

Search

Amazon

Display

Cartwheel FSI DFSI -

Vendor A

DFSI -

Vendor B

RO

I ($

)

Year 1 Year 2

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Example – ROI comparison of broad tactics

Page 26: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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Digital Media

Display / Video

ProgrammaticAmazon

YoutubePartner site

Social

Facebook Instagram Pinterest Twitter

Search

Google Bing

Mo

bil

e

High impact

banners

Video banners

Native ads

Carousel Video Image Pin Tweet GDN Shopping AdwordsCollection

Standard banners

De

skto

p

Deep dive into each digital tactic

Page 27: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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Platform

Media

Print (e.g.)

Publication A

Publication B

Other Tactic

Trade Marketing

Display Feature TPR

Consumer Promotions

Free Quantity

IRC FSI DFSI

Shopper Marketing

Cartwheel Ibotta

Coupon Value

Page LengthTimingHigh

Impact UnitContextStandard

UnitVendor

Mo

nth

1M

on

th 3

Mo

nth

2

Deep dive into other tactics

Page 28: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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ROIEfficiencyEffectivenessVolume

Mass

Customer A, B

Grocery

Customer P, Q, R, SClub Drug

Versatility of Measures By Channel

Page 29: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

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Automate data collection

Collect/reconcile data real-time

Analyze/report attribution real-time

Automate real-time feedback into mix execution

Opportunities

Page 30: Marketing is spaghetti of channels, audiences, tactics ...insightinnovation.org/iiex-presentations/AA18/Harpreet.pdf · Thank You! 30 Harpreet Singh Atif Syed. Title: PowerPoint Presentation

Thank You!

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Harpreet Singh Atif Syed