agilone etail europe about how to get started with predictive marketing
DESCRIPTION
Some of the slides presented during eTail Europe in London, June 24, 2013.TRANSCRIPT
CUSTOMER DATA AND THE AGE OF PREDICTIVE MARKETING eTail Europe 2013
of marketers still practice one-size-fits-all marketing
52% of marketers don’t try to reengage lapsed customers
50% of marketing deemed irrelevant by consumers
85%
One-Size-Fits-All marketing does not work anymore
§ Predicted lead conversion
§ Welcome-2nd order offer by product
§ High predicted LTV
§ Product interest-browsed
§ Product interest-cart § Product interest-
purchase § Behavioral clusters
(AOV) § Brand clusters § Need clusters § Single category
§ High value at-risk customers
§ Disengaged customers
§ High return complainers
§ Need based cluster reactivation
§ High value-High Size of wallet customers
new growth at-risk lapsed
What if you could target with precision?
6/25/13 AGILONE CONFIDENTIAL
An Online Outdoor Retailer … Moving away from batch-n-blast towards personalized product content, using both purchases and web browsing behavior, increased email revenues 122% annually.
Here is what amazing looks like
An Online Pet Store …
6/25/13 AGILONE CONFIDENTIAL
With surgical discounts and free shipping for newbies gained 18% more sales from repeat buyers.
One time buyers make up more than half of customers as 70% of first time customers never come back.
Here is what amazing looks like
A Jeans Manufacturer …
6/25/13 AGILONE CONFIDENTIAL
Grew revenues by 7% using behavioral customer clusters and product recommendations. Personalized emails resulted in 20% reactivation of inactive customers; 100% more click-through rate and 50% more response rate.
Here is what amazing looks like
Data Science can help, but is also really hard, slow and expensive
of marketers want to learn SQL
0%
8
What do you need to get started with PREDICTIVE MARKETING
Data Management
• All customer data in one place
• De-duplication, linking and cleansing
Predictive Analytics
• The right predictive model for the right situation
• Right message, right customers, right time
Campaign Execution
• Personalized email campaigns, dynamic web content, direct mail and in-store experiences
Customer Data & Predictive Marketing Amazing things happen with
GOOD FOR BUSINESS § +3% margins § +8% revenues § +20% LTV § +100% engagement
GOOD FOR CUSTOMERS § Personal relationship § Connected & engaged § Loyal and satisfied § Brand advocates
GOOD FOR YOU § Love your job § Kick some ass § Innovate marketing § Awesome results
THANKS FOR LISTENING Paul Gibson email: [email protected] mobile: 07557 115279 skype: paulgibsl
Find out more by visiting www.agilone.com