predictive analytics & cross border marketing

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Making advertising more targeted, more relevant, more effective Predictive Analytics to Target Cross-Border Travelers

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Page 1: Predictive Analytics & Cross Border Marketing

Making advertising more targeted, more relevant, more effective

Predictive Analytics to Target Cross-Border Travelers

Page 2: Predictive Analytics & Cross Border Marketing

OUTLINE

Why cross border travelers

Explaining predictive analytics and the relevance of different analytics to a cross border marketing scenario

Leveraging the new world

01

The possibilities created by dataand technology

02

0304

Page 3: Predictive Analytics & Cross Border Marketing

Why cross border travelers

Page 4: Predictive Analytics & Cross Border Marketing

Chinese Overseas Travellers

According to China Tourism Research Institute, China had 61.9 million outbound visitors in the first half of 2015an increase of 12.1% compared with the same period in 2014.. Additionally, Boston Consulting Group (BCG) estimates that by 2030, tourists from China will make up about 40% of outbound Asian travelers, taking 1.7 billion trips annually, up from 500 million trips taken in 2012, the latest year of which data were available .They travel internationally for leisure (92%) vs 56% Business (CITM 2015), and in H1 2015 64% of those travelers were women.

Page 5: Predictive Analytics & Cross Border Marketing

Traveller Arrivals by Countries

Indon

esia

China

Malays

iaInd

iaJa

pan

Philipp

ines

Hong K

ong S

AR

South

Korea

Thaila

nd

Vietna

m

Taiwan

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

Number of Arrivals by Country in Singapore from January 2015 – October 2015

Source: Vpon Big Data Group

Page 6: Predictive Analytics & Cross Border Marketing

Accommodation

49%Shopping

26%Sightseeing,

Entertainment & Gaming

9%Food and Beverage

16%

Source: Vpon Big Data Group

Chinese Travelers contributing 15% of total Tourism Receipts, with 49% spent on Shopping

Page 7: Predictive Analytics & Cross Border Marketing

Explaining predictive analytics and

the relevance of different analytics

to a cross border marketing scenario

Page 8: Predictive Analytics & Cross Border Marketing

Traveller Arrivals by Countries

Valu

e

InnovationLow

High

High

Business Value

Com

plex

ity

Passive

Descriptive

Predictive

Prescriptive

What happened?

Why did it happen?

What will happen?

How to make it happen ?

Page 9: Predictive Analytics & Cross Border Marketing

Pre-trip reach

In-trip reach

Post-trip reach

Prescriptive Predictive DescriptivePassive

Target travelers based on the travel related apps on theirphone BEFORE they plan a trip

Target travelers while in Singapore to get them to visit Specific attractions / retail

1.Target travelers who have been to OTHER locations to suggest Singapore as next destination2.Target travelers who have traveled to Singapore so that they can share to their friends and families too

Page 10: Predictive Analytics & Cross Border Marketing

Pre-trip reach

In-trip reach

Post-trip reach

Target travelers based on the travel related apps on theirphone BEFORE they plan a trip

Target travelers while in destination to get them to visit specific attractions / retail

1.Target travelers who have been to OTHER locations to suggest Singapore as next destination2.Target travelers who have traveled to Singapore so that they can share to their friends and families too

Prescriptive Predictive DescriptivePassive

Page 11: Predictive Analytics & Cross Border Marketing

Pre-trip reach

In-trip reach

Post-trip reach

Target travelers based on the travel related apps on theirphone BEFORE they plan a trip

Target travelers while in Singapore to get them to visit Specific attractions / retail

1.Target travelers who have been to OTHER locations to suggest (Singapore) as next destination / market travel product2.Target travelers who have traveled (to Singapore / on an airline / hotel) so that they can share to their friends and families

Prescriptive Predictive DescriptivePassive

Page 12: Predictive Analytics & Cross Border Marketing

The possibilities created by

data and technology

Page 13: Predictive Analytics & Cross Border Marketing

Researching segments, understanding responses, optimizing target audiences

• Device ID• Brand• Size• Time• Location• GPS• IP• Ad Click

• SDK• Data

Partnership• First-hand

Resource

Data Sources Data Analytics Segment

Page 14: Predictive Analytics & Cross Border Marketing

During the 3-day Labor Day holiday, the volume of international roaming increased with the number of oversea travelers.

Identifying relevant, high reach segments

Page 15: Predictive Analytics & Cross Border Marketing

High CTR

High Impression

All Segment Performanceon Finance campaign

Page 16: Predictive Analytics & Cross Border Marketing

LBS for Descriptive & Predictive Analytics

Page 17: Predictive Analytics & Cross Border Marketing

Mainland Chinese

Hongkongers

+35%

+13%

During the 3-day Labor Day holiday, the volume of international roaming increased with the number of oversea travelers.

Where do they come from ?

Page 18: Predictive Analytics & Cross Border Marketing

28%

20%16%

11%

10%

5%

3% 3% 3%

Taipei New Taipei CityTaichuang KaohsiungTaoyuan TainanHsinchu Pingtung

Where do they go ?

> 20 %

< 2%

2%~5%

5%~10%

10%~20%

Page 19: Predictive Analytics & Cross Border Marketing

1. Yilan City2. Zhushan

Township3. Fengshan District4. Zuoying Distric5. Puli Township6. Pingtung City7. Xingying District8. Dongshan

Township9. Annan District10.Budai Township11.Shuishang

Township12.Hengchun

Township13.Qianzhen District14.Toucheng

Township15.Qingshui District

Tracking Travel over CNY

Page 20: Predictive Analytics & Cross Border Marketing

Where do people go ?

Page 21: Predictive Analytics & Cross Border Marketing

Where do people go ?

Page 22: Predictive Analytics & Cross Border Marketing

And where do they stop moving ?

Page 23: Predictive Analytics & Cross Border Marketing

And where do they stop moving ?

Page 24: Predictive Analytics & Cross Border Marketing

陽明山

National Highway

MRT Routes

Yangmingshan

Tracking traveler movement along MRT routes

Page 25: Predictive Analytics & Cross Border Marketing

Not just a marketing gimmick

Page 26: Predictive Analytics & Cross Border Marketing

What comes after the data?

Understanding the consumer journey is key

Data helps to segment and find high potential scenarios, then make predictions on likely high response audiences and scenarios

Making messaging relevant and specific drives response

Page 27: Predictive Analytics & Cross Border Marketing

Xaxis Chairman on DCO and it’s magical powers

Page 28: Predictive Analytics & Cross Border Marketing

Leveraging the new world

Page 29: Predictive Analytics & Cross Border Marketing

AB

C

•Define your consumer segments and important characteristics•In what situations are they most likely to be responsive?•What kinds of data can help to focus on your segment and identify the specific scenarios in which they’re most receptive?

•What do you really need consumers to do?•Is there a way to make this an online / phone based activity so it flows easier?•If it’s offline how can you connect the consumer outcome to your advertising input?

• What kind of messaging is most appropriate for each segment?• How can we refine the message to make it even more relevant in different scenarios – what elements work with DCO?

Segments, Scenarios

KPI / Outcome

Creative matching

Unlocking the possibilitiesfor your business

Page 30: Predictive Analytics & Cross Border Marketing

Thank You!

www.vpon.com