b2 b data-seminar-slides-051315_final
TRANSCRIPT
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Data, Demographics & Direct MarketingMay 13, 2015
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StatesmanMediaPresents.com
Google Seminar:Maximizing Digital Marketing ROI
Thursday, July 16, 2015
Marketing to the New Austin in 2015Early October 2015
Austin Inaugural Marketing Match-Up:A Championship Competition for Austin’s Best Integrated
Marketing Campaigns of 2015 Early December 2015
B2B Event Schedule2015
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Today’s Presenters
Steffanie BiedlerGrowing Your Business by
Listening to the Customers You Already
Have
Director of Operations Excellence, SecureWorks |
Dell
Kelly BenishHarnessing Big Data
Nationally to Drive Real Revenue Hyperlocally
VP of Publisher Development, CivicScience
Neil StoutSmall Data – What You Can Do with Database
Marketing and Customer Analysis
Sr. Manager of Business Development, Statesman
Media
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8:00 AM – REGISTRATION / LIGHT BREAKFAST
8:30 AM – WELCOME: SCOTT POMPE
8:40 AM – STEFFANIE BIEDLER | SecureWorks | DellGrowing your business by listening to the customer you already have
9:15 AM – KELLY BENISH | CivicScienceHarnessing big data nationally to drive real revenue hyper locally
9:50 AM – NEIL STOUT | Statesman MediaWhat you can do with basic Database Marketing and Customer Analysis
10:10 AM – Q & A : SCOTT POMPE
10:20 AM – WRAP UP: SCOTT POMPE
AGENDA
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Steffanie BiedlerGrowing Your Business by Listening to
the Customers You Already Have
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The bigger we get the harder it can be to hear our customers
Ask your customers these three questions:
1. How likely are you to recommend <product/business> to a friend or colleague?
2. What is the primary reason for the score you gave us?
3. What’s the one thing you’d like to see us improve?
Based on the Net Promoter® methodology developed by Bain/ & Company and Satmetrics
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What we can learn from question 1How likely are you to recommend <product/business> to a friend or colleague?
Identify our most loyal customers…
…and least loyal
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Fish where the fishing is good
We’re solving for growth not just impressions, search rankings, open rates, click through rates, response rates and all those other diagnostic measures…
Understand where your loyal customers come from
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What we can learn from question 2What is the primary reason for the score you gave us?
We learn what drives loyalty…
Without leading customers…
In customers’ own words
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We learn what drives dissatisfaction…
And improved positioning.
We learn what drives loyalty…
Without leading customers…
In customers’ own words
What is the primary reason for the score you gave us?
What we can learn from question 2
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What we can learn from question 3What’s the one thing you’d like to see us improve?
As marketers and advertisers we have the opportunity to influence more than just the buying decision.
PositioningCustomer Experience
Perception+ =
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Help your customers help you
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Engage your loyal customers to advocate
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Acknowledge & Dialogue
• Thank your customers for their business
• And don’t stop there!• Engage Engage ENGAGE
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Motivate & Action
Dia
logu
e
Moti
vate
Actio
n
Ackn
owle
dge
• Motivation doesn’t have to mean money
• Take the initiative• Make it easy• Ask for the advocacy you
seek• Thank them again
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Grow Your Business by Listening to Customers You Already Have
Ask your customers these three questions:
1. How likely are you to recommend <product/business> to a friend or colleague?
• Fish where the fishing is good- Understand where your loyal customers come from
2. What is the primary reason for the score you gave us?
• Understand what drives loyalty so you can amplify your message
• Mimic the language used when referring your business/product
3. What’s the one thing you’d like to see us improve?
• Ensure your positioning is aligned with experience
Engage with loyal customers to create advocates for your business, your products, and your brand.
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Kelly BenishHarnessing Big Data Nationally to Drive
Real Revenue Hyperlocally
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CivicScience in a polling widget that lives on Statesman.com and hundreds of other sites. We also have a national site where we receive thousands of responses everyday.
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That data can be put to great use: CivicScience enables the questions asked in those polls and quizzes to drive significant revenue and other value for SMB’s of all shapes and sizes.
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The Statesman can quickly insert their own targeted questions to give advertising prospects insights that differentiate them from the competition.
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We build a robust profile around the publisher audience
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We help The Statesman show real-time SMB insights around trends and predictive insights for more targeted campaigns
• If they are looking for real-time brand sentiment and predictive information they will only be able to obtain those insights from InsightStore
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Wouldn’t you like to see some competitor insights?
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Auto Dealerships
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Auto Dealerships
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Auto Dealerships
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Real Estate
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Real Estate
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Real Estate
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Real Estate
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Real Estate
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Health
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Targeting Clients outside of your market
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Better Targeting Altogether
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Better Targeting AltogetherThose who answer “Chrome”• 46% men vs. 54% women• 42% are 18-34 years old (which is 40% more than average), 37% are 35-54 years old, and 21% are 55+.• 52% have an associates / bachelor’s degree or higher.• They are 30% less likely to be grandparents than average.• 57% are homeowners. Those who answer “Internet Explorer”• 51% men vs. 49% women• 18% are 18-34 years old, 35% are 35-54 years old, and 47% are 55+ (which is 42% more than average).• 51% have an associates / bachelor’s degree or higher.• They are 37% more likely to be grandparents than average.• 71% are homeowners, which is 11% more than average.Those who answer “Firefox”• 50% men vs. 50% women• 25% are 18-34 years old, 41% are 35-54 years old, and 34% are 55+.• 37% are parents (grandparents not included), which is slightly more than average.• 70% are homeowners.Those who answer “Safari” *More data for this answer segment is not available due to low response• 46% men vs. 54% women• 40% are 18-34 years old (which is 33% more than average), 34% are 35-54 years old, and 26% are 55+.
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Better Targeting Altogether; Profiling Market Mavens
When compared to the general population, market mavens are 19% more likely to be 25-44 years old (56% are 25-54 years old), 14% more likely to have a household income over $75K, and only slightly more likely to be parents and slightly less likely to be grandparents. 42% live in the suburbs, which aligns with the general population, while 33% live in a city, which is only 10% more than the general population. Education is very similar among market mavens and the general population; however, market mavens are slightly more likely to have a college / technical degree or a graduate / PhD. There is no significant gender difference relative to the general population.
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Better Targeting Altogether; Profiling Market Mavens
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Better Targeting Altogether; Profiling Shoppers
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Better Targeting Altogether; Holiday Shoppers
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"CivicScience has developed an effective, defensible, and accurate model for gathering and analyzing public opinion in the U.S." - Dr. J Lamar Pierce (Olin), Dr. Jason Snyder (UCLA), Dr. Alessandro Acquisti (CMU), Dr. Ronnie Chatterji (Duke)
CivicScience’s data and methodology have been validated by leading academic and industry scientists…
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We can tell businesses exactly who their persuadable consumer is and what drives their purchasing decisions.
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Thank You
Kelly Benish
@LoKellSearch
(704) 989-8006
Numerous case studies, white papers, and references available upon request.
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Neil Stout“Small Data” – What You Can Do with Database
Marketing and Customer Analysis
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Small Data ≥ Big Data
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305 South Congress Ave, Austin, TX 78704
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But do we learn as much and can it help our business?
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Waterloo Records
• Local / one location• Not a current advertiser• Most respected name in music retail in Austin
Challenges• Change in music consumption• Targeting the right customers with limited local
marketing budget• Translating that spend into ROI
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With a physical customer address we can tell them:
• Category share • Top ZIP codes (thematic map)• Consumer concentration (dot density map)• Dozens of demographic characteristics• Top Nielsen PRIZM segments (% Comp & Index)• Optimized media schedule• Competitive media spend in the market• Shared customers with our media options
And how to directly target those customers / look-a-likes through a variety of direct marketing tools.
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Where are your customers?
The top tercile of 17 ZIP codes accounts for 73% of customer households
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Custom Database Analysis
Analysis:50,026 customerhouseholds
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Under
$10
,000
$10,
000-
$19,
999
$20,
000-
$29,
999
$30,
000-
$39,
999
$40,
000-
$49,
999
$50,
000-
$74,
999
$75,
000-
$99,
999
$100
,000
-$14
9,99
9
$150
,000
-$19
9,99
9
$200
,000
-$24
9,99
9
$250
,000
or M
ore
0%
10%
20%
0
50
100
150
% Composition Index
Household Income
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Age 18-24 Age 25-34 Age 35-44 Age 45-54 Age 55-64 Age 65-74 Age 75+ 0%
10%
20%
30%
0
50
100
150
200
250
300
% Composition Index
Householder Age
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Single Married Other 0%
20%
40%
60%
80%
0
50
100
150
% Composition Index
Marital Status
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Children No Children0%
20%
40%
60%
80%
0
50
100
150
% Composition Index
Presence of Children
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Own Home Rents Home 0%
20%
40%
60%
80%
100%
0
50
100
150
% Composition Index
Tenure
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Less than 1 Year 1-4 Years 5 Years or More 0%
20%
40%
60%
0
50
100
150
% Composition Index
Length of Residence
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Under $50,000
$50,000 - $99,999
$100,000 - $149,999
$150,000 - $199,999
$200,000 - $499,999
$500,000+ 0%
10%
20%
30%
0
50
100
150
% Composition Index
Home Value
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Did Not Graduate High School
Graduated High School
Attended Some College
Bachelor's Degree Post Graduate Degree
0%
10%
20%
30%
50
100
150
% Composition Index
Education
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Full Time Part Time Unemployed 0%
20%
40%
60%
80%
0
50
100
150
200
% Composition Index
Employment
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0%
5%
10%
15%
20%
0
50
100
150
% Composition Index
Occupation
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Bus
iness
/Fina
nce
Man
agem
ent
Arc
hitec
t/Eng
ineer
Leg
al
Com
pute
r/Mat
hem
atica
l
Hea
lth P
ract
itione
r/Tec
hnici
an
Edu
catio
n/Tra
ining
/Libr
ary
Life
/Phy
sical/
Social
Scie
nces
Com
mun
ity/S
ocial
Ser
vices
Arts
/Ent
erta
inmen
t/Spo
rts
Sale
s/Rela
ted
Offi
ce/A
dmin
Suppo
rt
Pro
tect
ive S
ervic
e/M
ilitar
y
Per
sona
l Car
e/Ser
vice
Hea
lthca
re S
uppo
rt
Foo
d Pre
para
tion/
Servin
g
Tra
nspo
rt/M
ater
ial M
oving
Pro
duct
ion
Buil
ding
Groun
ds M
ainte
nanc
e
Nat
ural
Resou
rces
/Con
stru
ction
Main
tena
nce/
Repair
0%
2%
4%
6%
8%
10%
12%
0
50
100
150
% Composition Index
Detailed Occupation
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Who are your customers?
Your core customers belong to 19 PRIZM segments.
They make up 59% of the customer file and are 87% more likely to belong to one of these segments than the base households.
Segment Name Segment Code % Comp Index
Bohemian Mix 16 4.7% 302Money & Brains 7 2.7% 289Upper Crust 1 2.5% 289Close-In Couples 40 1.6% 255Urban Elders 59 1.4% 255Pools & Patios 15 1.7% 239The Cosmopolitans 26 1.4% 234City Roots 61 1.0% 222Big City Blues 65 4.1% 202Suburban Pioneers 52 2.1% 186Urban Achievers 31 8.3% 178Movers & Shakers 3 4.8% 177American Dreams 29 4.4% 173Multi-Culti Mosaic 54 4.5% 172Young Digerati 4 2.0% 171New Beginnings 44 3.3% 161Suburban Sprawl 30 1.5% 152Home Sweet Home 19 4.3% 140God's Country 11 3.2% 120
59% 187
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The universe of your customer and which ones are most valuable…
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The universe of our shared customers and which ones are most valuable…
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X,XXX of your customers are also active paying subscribers to the Austin American-
Statesman.
That’s $XXX,XXX of your revenue the past three years…
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Takeaways:
• Focus on the data you have
• Take simple steps to capture that data and keep it clean / updated
• Find a partner that will simplify the process of gathering insights and pre-integrate those insights into your campaign
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Q&A
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Thank You!