cross marketing in action
TRANSCRIPT
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CROSS MARKETING IN ACTION
USING RESEARCH DATA TO UNLOCK CROSS MARKETING OPPORTUNITIES
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Copyright © 2016 Lightspeed, LLC. Proprietary and Confidential. All rights reserved.
WHAT IS CROSS MARKETING?IS IT?• Cross Channel• Cross Platform• Cross Promotion • Cross Research
DEFINITIONCross marketing, described by admedia.com, refers to seamlessly and interchangeably using multiple channels to market, sell, and interact with customers.
Simply a way to leverage big data
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BRIDGING RESEARCH & ADVERTISING
Digital Advertising
$60B - US Only (2015)**** eMarketer
• Research has historically been at least one step removed from advertising (with some exceptions) for technical, organizational and compliance reasons
Market Research
$44B - Worldwide (2014)*
$19B - US Only (2014)** 2015 GRIT
Report
• Programmatic advertising and the rise of Data Management Platforms enables us to ‘bridge’ MR and Advertising
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WHAT IS IT FOR?• Segmenting Custom Targets• Targeted Media Placement• Programmatic Ad Buying • Evaluating Ad Distribution• Evaluating Campaign Lift
ACROSS MULTIPLE DISTRIBUTION POINTS• Digital Media
◦ PC and Mobile • TV Advertisements • Direct Marketing
◦ Email and Snail Mail
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HOW IS IT DONE?• HISTORICAL PERSPECTIVE
◦ Utilizing age/gender profiles for TV advertisements
◦ Cookie targeting to Cross Platform/Device ID
• DATA MANAGEMENT PLATFORMS, e.g.◦ KBM Zipline◦ Lotame◦ Nielsen eXelate
• EVOLUTION OF DIGITAL TARGETING◦ Modeled◦ Direct Identification
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METHODOLOGY FOR PROFILING
Approximately 1,000 variables
500,000 panelists 500 million data points Panelists are frequently
asked to update variables that expire
Capture and store in our database
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LS GMI PROFILING DATA• DEMOGRAPHIC
◦ Education, Primary Shopper, Marital Status
• HOUSEHOLD◦ Type of Residence, Pets,
Offline Activities, Children in the HH
• TRAVEL◦ Business/Leisure Travel,
Nights in Hotel, Car Rental• EMPLOYEMENT
◦ Employment Status, Position, Role, Industry, Military Affiliation, Role in Purchasing
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LS GMI PROFILING DATA• HEALTH
◦ Conditions Diagnosed, Alcoholic Beverages, Allergies, Health Insurance
• AUTOMOTIVE◦ Driver’s License, Number of
Cars, Car Model/Body, Purchase Intent
• TECNOLOGY◦ Online Activities, Electronics,
Mobile Phone Type/Provider, Cable/Internet Connection
• FINANCE◦ Financial Products, Banks,
Credit Cards
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Rather than just looking at demo profiles, we can look at much broader lifestyle data.
E-READER USERS STILL WINE CONSUMERS
E-READING WINE CONSUMERS
10%
27%
37%
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BUSINESS TRAVELERS WITH 3+ DOMESTIC
FLIGHTS
E-CIGARETTE USERS
BUSINESS TRAVELING E-
CIGARETTE USERS
3% 8%
24%
BOURBON DRINKERS
BUSINESS TRAVELERS WHO DRINK BOURBON 6%18
%
BOURBON DRINKING
E-CIGARETTE USERS13
%
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CONTACTLESS CARD PAYMENTS = 2.5%
INDEX
Weekly Average Number of Drinks = 0 64
Weekly Average Number of Drinks = 2+ 118
Shop at Whole Foods 202
Shop at Trader Joe’s 189
Shop at Walmart 98
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CROSS MARKETING IN ACTION
PROFILE DATA
DMPMODEL LOOK
ALIKES
DEMAND SIDE
PLATFORM
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EXAMPLES OF ZIPLINE DATA• PURCHASE BEHAVIOR
◦ iBehavior, Active Retail Store Buyers, IPSOS Affluent Survey• CONSUMER DEMOGRAPHICS
◦ KBM Group AmeriLINK, DataPros, Geographic, Experian, The Futures Company, Millward Brown Digital, Vehicle Information
• LIFESTYLE & SPECIALTY◦ Analytics IQ, Book/Magazine Subscribers, Non-Profit Donors,
Twitter Categories, TNS Conversion Model• B2B
◦ B2B Firmographic Data, B2B Purchase Categories, Business Newsletter Subscribers
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PREDICTIONS FOR THE FUTURE
• Cross research data will become one way that marketers identify promising media activation segments
• While most of cross marketing is outside of marketing research, the identification and validation of targets, and subsequent analysis of media performance will be significant business for marketing researchers going forward
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CONTACT US
Frank KellySenior Vice President, Global Marketing & Strategy Lightspeed GMI [email protected]