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Page 1: “The process of using a customer’s information to … › wp-content › uploads › 2016 › 11 › David_Smith...“Marketing ROI in the Era of Big Data,” NYAMA (2011) “Another
Page 2: “The process of using a customer’s information to … › wp-content › uploads › 2016 › 11 › David_Smith...“Marketing ROI in the Era of Big Data,” NYAMA (2011) “Another

“The process of using a customer’s information to

deliver a targeted solution”Peppers & Rogers

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“75% of UK consumers prefer to receive promotional

offers that reflect their tastes and preferences”Direct Marketing Association (2011)

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“97% of global retailers state that delivering real time

personalised offers by gaining more detailed customer

preference [data] is highly valuable to them”RSR Research (2011)

Page 7: “The process of using a customer’s information to … › wp-content › uploads › 2016 › 11 › David_Smith...“Marketing ROI in the Era of Big Data,” NYAMA (2011) “Another

Personalised “Featured Destination”

Generated a 41% increase in conversion rates and

a 4% improvement in bookings

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23% uplift in bookings of their experiences products

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Achieved a 28% increase in look-to-book conversion rates

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Learning Phase

Matching Phase

Evaluating Phase

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First Party Data

Elicit Relevant Insight

Accurate & Reliable

Dependent on User Input

Lack of Engagement

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No User Interaction

Profiles All Users

Privacy Concerns

Depends on Inferences

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Page 18: “The process of using a customer’s information to … › wp-content › uploads › 2016 › 11 › David_Smith...“Marketing ROI in the Era of Big Data,” NYAMA (2011) “Another
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Don’t rely on transactional data to reveal the

contextually rich insight required for personalisation

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“Average of 2.4 people per household; and more than 4

computing devices in the average home”Office National Statistics / Mozy (2011)

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Don’t rely on behavioural data as it can lead to

inaccurate recommendations

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Whilst past purchase behaviour is indicative of future

intent; it would be better to have trip specific insight

Page 27: “The process of using a customer’s information to … › wp-content › uploads › 2016 › 11 › David_Smith...“Marketing ROI in the Era of Big Data,” NYAMA (2011) “Another

Don’t rely on inferences or assumptions made from

implicit methods – aim for explicit insight

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“One third of companies have lots of data and do not know what to do

with it...”“Marketing ROI in the Era of Big Data,” NYAMA (2011)

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“Another third have too little customer data to utilise”“Marketing ROI in the Era of Big Data,” NYAMA (2011)

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“Only 28% of merchants say their data allows them to currently receive

a 360 degree view of their customer... and enable personalised

marketing”e-tailing group (2011)

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Make sure you elicit commercially relevant, purpose-

driven and action-oriented customer insight!

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If you approach it in the right way, customers are

willing to share their preferences with you...

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a clear and immediate customer benefit...

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of relevance to the customers interaction...

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and of actual value to the customer...

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Make it about the customer... not you!

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Make the elicitation process fun, simple and engaging

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Travel Guides as Unique as You Are

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David SmithManaging Director

[email protected]+44 (0)7577 449 786