Not All Data is Created Equal

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All Data Is Not Created Equal Brian Monahan, VP of Marketing @Brionic

Transcript of Not All Data is Created Equal

Page 1: Not All Data is Created Equal

All Data Is Not Created Equal

Brian Monahan, VP of Marketing @Brionic

Page 2: Not All Data is Created Equal

Source: comscore multi-platform data including mobile ending July 2015

2ndlargest retail site

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is a giantpersonalization

machine

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We have learned that data can be misleading

Already Purchases Your Brand or Category

Complimentary Items Outside Your Category

Demographics

Geographic

Online Interests & Behavior

Lapsed User of Your Brand or Category

?

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4K TVs

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Women’s Apparel

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Automotive

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Video Games

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The Power of Commercial Data

ROC curve

Tru

e P

ositiv

e R

ate

False Positive Rate

ROC curve

Tru

e P

ositiv

e R

ate

False Positive Rate

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Historical purchase data is significantly more predictive for future purchases than any other demo/behavior data

70% Accuracy(demo, social, geo, other behavior, etc.)

# of features needed without

prior purchase data

# of features needed with prior

purchase data at same scale

90% Accuracy(historical purchase)

~1000 ~10

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Proprietary first-party

Walmart/Sam’s Club data

matched to U.S.

households

Differences in key

online and in-store purchase

behaviors of shoppers exposed

to media (test) and non-

exposed (control) are

measured and analyzed

Impressions are served across

Walmart-owned media

channels, tracking those

exposed

Matched data is

anonymized and synced

to online cookies

Households are then used to segment Walmart.com

shoppers for targeting and measurement

How It Works

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Test users

Control users

generated from algo

Attribute 1

Attribute 2

WMX Control Method

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Media Auto Optimization

WMX data allows Walmart to optimize media elements in real-time based on actual in-store sales, improving media over time.

On average, auto-optimized tactics see 1.5x – 2.5x higher lifts (vs. non-optimized line items)

Source: WMX Optimization Report for Pampers 81191

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Modern Media Planning is beyond human comprehension … it takes a software solution.

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Thank you