leader in marketing analytics
DESCRIPTION
Leader in Marketing Analytics. Marketing analytics: competitive advantage through smarter marketing. The Opportunity for Marketing Analytics. Zone of Exceptional. Zone of Death. Marketing. The Bell Curve for. Wish Marketing. Marketing Performance. (Above. (Below. Average). Average). - PowerPoint PPT PresentationTRANSCRIPT
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Leader in Marketing Analytics
Marketing analytics: competitive advantage through smarter marketing
2Leader in Marketing Analytics
(Well Above
Average)
(Averagemarketingprogram)
(BelowAverage)
(Well BelowAverage)
Marketing Performance Critical Troubling Average Pleasing Amazing
Marketing Share Growth Precipitous Significant Modest Increase DramaticDecline Decline Decline Increase
New Product Success Rate 0% 5% 10% 25% 40%+
Advertising ROI Negative 0% 1-4% 5-10% 20%
Promotional Programs Disaster Un-profitable Marginally Unprofitable Profitable Very Profitable
Customer Satisfaction 0-59% 60-69% 70-79% 80-89% 90-95%
Customer Retention/Loyalty 0-44% 45-59% 60-74% 75-89% 90-94%
(Above Average)
The Bell Curve for Marketing Performance
Zone of ExceptionalMarketing
Zone of Death Wish Marketing
The objective is very simple.
To improve marketing performance.
The Opportunity for Marketing Analytics
Source: Copernicus Marketing Consulting
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The Connected Marketing Analytics Process
GuideImplementation
PromoteReasonedDecisions
Build anAnalytic
Foundation
SupportOpportunity
Identification
ImproveCompany
Performance
Marketing Analytics
Opportunities
Profit Effectiveness Competitive advantage
New revenue Cost reductionProductivity
gains
ModelsDataDigital infrastructure
Structured processReal-timeInteractiveDistributed across
the organization
Action guidelines/ReportsWhat if capabilitiesIntegration with company
processes
4Leader in Marketing Analytics
DecisionPro: Capabilities
• Know-how
• Customizable Analysis Tools
• Front-end and Backend Support
5Leader in Marketing Analytics
DecisionPro Know-how
• Principals: Leading authors and thought leaders since 60’s; >50 years combined experience developing, testing, and applying leading-edge marketing analytics.
• Offerings:– Problem framing– Rapid modeling– Model deployment on Internet/Intranet– Seamless interface with client systems
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Principals/ Co-Founders
Dr. Gary L. Lilien is Distinguished Research Professor of Management Science at Penn State and co-founder and Research Director of Penn State’s Institute for the Study of Business Markets (ISBM).
Dr. Arvind Rangaswamy is Jonas H. Anchel Professor of Marketing and Penn State and co-founder and Research Director of Penn State’s , eBusiness Research Center (eBRC).
Leader in Marketing Analytics
Marketing Analytics Implementations by DecisionPro Principals
• Resource allocation (3M, Pfizer)
• Segmentation & targeting (Sprint)
• Product repositioning (Exelon)
• Incentivising sales people using customer satisfaction data (Unisys)
• Promotional effectiveness (H J Heinz)
• Market entry strategy (PP&L)
• Retail expansion planning (Mobil)
8Leader in Marketing Analytics
DecisionPro: Capabilities
• Know-how
• Customizable Analysis Tools
• Front-end and Backend Support
9Leader in Marketing Analytics
DecisionPro: Sample of Leading-Edge Analytical Tools
• Market Segmentation
– Cluster analysis
– Choice-based segmentation
• Customer and Segment
Targeting
– Portfolio planning tools
– Multinomial logit analysis
• New product design & forecasting
– Conjoint analysis
– Positioning analysis
– Pre-test market models
– Bass diffusion Model
• Marketing budgeting and
allocation–ReAllocator
–GE/McKinsey Portfolio
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DecisionPro: Capabilities
• Know-how
• Customizable Analysis Tools
• Front-end and Back-end Support
11Leader in Marketing Analytics
DecisionPro Support
• Team to sell analytics-based solutions to clients.• Customize/embed scaleable components within
systems.• Training in application of analytics.• Technical & analytical application support.• Host applications and modeling results.• Provide customized models that can be
embedding in client systems
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Leader in Marketing Analytics
Marketing analytics: competitive advantage through smarter marketing
www.DecisionPro.biz