using big data & analytics to enhance marketing roi & drive revenue growth

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© AbsolutData 2013 Using Big Data & Analytics To Enhance Marketing ROI & Drive Revenue Growth Presenter: Guha Athreya Sr. Manager, Customer Analytics Venue: Predictive Analytics World, Boston Sep 29 – Oct 3, 2013

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This Deck was presented by Mr. Guha Athreya, Senior Manager, Customer Analytics in PAW Boston on 30th September, 2013. AbsolutData is a global leader in applying analytics to drive sales and increase profits for its customers. AbsolutData has built strong expertise and traction with Fortune 1000 companies across 40 countries. We specialize in big data, high end business analytics, predictive modeling, research, reporting, social media analytics and data management services. AbsolutData delivers world class analytics solutions by combining their expertise in industry domains, analytical techniques and sophisticated tools. Visit us here : www.absolutdata.com

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Page 1: Using Big Data & Analytics to enhance marketing ROI & drive Revenue Growth

© AbsolutData 2013

Using Big Data & Analytics To

Enhance Marketing ROI & Drive

Revenue Growth

Presenter: Guha Athreya

Sr. Manager, Customer Analytics

Venue: Predictive Analytics World, Boston

Sep 29 – Oct 3, 2013

Page 2: Using Big Data & Analytics to enhance marketing ROI & drive Revenue Growth

© AbsolutData 2013

AbsolutData Snapshot

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• Help forward looking organizations excel through optimal use of data

• Deliver consulting-oriented advanced analytics services to a global client base

Services Provided

CRM

Analytics

Marketing Effectiveness Analytics

Data Visualization & Reporting

Market Research & Business Research

Big Data

Page 3: Using Big Data & Analytics to enhance marketing ROI & drive Revenue Growth

© AbsolutData 2013

The challenge in driving Marketing ROI and enhancing Revenue Growth

We can only improve what we can measure…

…today, adding the “claimed impact” across on-line and off-line channels results in a number greater than the revenue of the enterprise

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Page 4: Using Big Data & Analytics to enhance marketing ROI & drive Revenue Growth

© AbsolutData 2013

The Root Causes….

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Revenue is impacted by many drivers beyond just Media & Marketing

Investments

Media channels work together, but each channel reports all of the synergies

Media• On-line• Offline

Other Marketing Effort• CRM

• Pricing• Distribution

External• Competition • Technology• Macro economics

Operations• Supply• CSAT

Revenue

Prediction

Misguided modeling efforts result in over-fitting History but miss Prediction Accuracy

History

Page 5: Using Big Data & Analytics to enhance marketing ROI & drive Revenue Growth

© AbsolutData 2013

A Holistic Approach to Revenue Attribution

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Other Drivers

Services, Capacity, Quality etc.

TV Radio PrintSearchSocial Media

Off-LineOn-Line

Strategic Business Units

Brands / Regions / Channels

Loyalty Others

One to One

Marketing

Enterprise Revenue

Page 6: Using Big Data & Analytics to enhance marketing ROI & drive Revenue Growth

© AbsolutData 2013 6

Two Pre-requisites for Revenue Attribution using Big Data

Organized integration of disparate data sources

• Transactions

• On-line behavior

• Sales and channels

• Media spend and impressions

• Social media and sentiment

• 3rd Party

• Competition

• Customer satisfaction

• Brand equity 

• Other primary & secondary research

• Loyalty program

• Direct Marketing

• Macro economics

Data should determine choice of tools and  techniques (not vice versa)

• Ensemble models and a hierarchical approach work best

• Modeling methodologies including OLS, HB reg, Pathway Analysis and Discrete Choice Models

• Tools and Platforms include R, Excel VBA, Java etc

Page 7: Using Big Data & Analytics to enhance marketing ROI & drive Revenue Growth

© AbsolutData 2013

Point of Arrival – A Dashboard with Scenario Planning & Simulation Capabilities enables Optimization

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Model Validation & Updating

Volume Drivers What – if Simulation

On-line Application

Page 8: Using Big Data & Analytics to enhance marketing ROI & drive Revenue Growth

© AbsolutData 2013

Building A Global Knowledge Base across Regions & Industry Verticals

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…Consumer Durables…Telecom…Electronics….Retail…CPG…Banking…E-Commerce…

Page 9: Using Big Data & Analytics to enhance marketing ROI & drive Revenue Growth

© AbsolutData 2013

THANKYOU