Big Data and the Consumer Experience
New developments in Cloud technologies have revolutionized the way organizations interact with their customers. Today it is all about Consumer experience, Consumer insights, Consumer behavior, Consumer Journey. The fact that many of the vendors with marketing product stacks have all rechristened their offerings under the “Consumer Experience” banner is. With rich media, the very focus of digital marketing and commerce has shifted from product-centric to consumer centric.
Cloud computing has enabled the global access for consumers across the world – for the right person, at the right time, and the right content. The side effect of this is consumers are more empowered and therefore have much higher expectations. And the omni-channel nature of basic consumer interaction leads to very high demands on the ability to consume, analyze, and repurpose data to deliver a much more personalized consumer experience. Without the advancement in Big Data technologies, this would quickly become an infeasible and unmanageable situation.
This session focuses on the application of Big Data to the business of digital commerce and marketing leading to digital transformations in the enterprise, with real-world examples. As with any new technology, the challenge is to leverage and apply it appropriately to specific scenarios in the industry. Some situations require aggregating data from multiple sources and repurposing consumer data to lead to better offers and recommendations for sales. Others require leveraging the information gathered from implicit consumer interaction with information from other digital touch points to create a 360 degree view of the consumer. All of these require decisions such as segmentation of data across brands, business units, markets, and products, as well as technology choices and on premise and off premise solutions for managing the data.
2. About Ajit
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Associate Vice President, Digital Transformation, Infosys Limited
Founding Editor of XML Journal
J2EE Editor of Java Developer’s Journal/SOA Journal
125+ articles
20+ conferences, US and international
20+ years in IT and Marketing
I have a collection of 20,000+ comic books
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3. About this session
I will cover
Positive
Digital trends
The digital consumer
Omni-channel commerce
Cloud enabled marketing
Big data enabled analytics
Delivering customer experience
I won’t cover
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Cloud infrastructure
Big data technologies
APIs and design patterns
Java, XML, .NET, HTML5, …
The answer to life, the universe,
and everything
(cause we all know it is 42)
I hope to make this session informational, interactive, and entertaining
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So what’s the Big Deal about Big Data?
Big Data are high-volume, high-velocity, and/or high-variety information assets that require new forms of
processing to enable enhanced decision making, insight discovery and process optimization - Gartner
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olume
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V
elocity
ariety
The problem
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I
I
V
nsights
ntelligence
irtualization
The solution
V
V
eracity
alidity
Value
The outcome
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The Yin and Yang of Digital Enterprise
Build the brand
Digital Commerce
Manage the order
Promote the Brand
Preserve the Brand
Promote loyalty
It’s all about the
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Sell the product
Digital Marketing
Serve the customer
Promote Loyalty
consumer experience
11. Targeting the digital consumer
Digital Commerce
Digital Marketing
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Consumers
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Five recent enablers
Enabling Infrastructure
virtual, open, scalable
and secure to create a timely, consistent
experience
Smart Devices
Connect consumers anywhere,
anytime to the things they
need and want
Partner Ecosystem
Focus on consumer experience
through Innovative collaboration to
satisfy consumer expectations
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Integrated Applications
Deliver a seamless
experience across channels
and functions
Actionable Intelligence
Valuable data to drive new levels of
targeting, personalization, and
measurement enabled by
technologies
15. Why Cloud and Big Data?
risk due to lack of
Compliance
unmanageable
unsupportable
Social Community
Data Privacy
slow
Responsiveness
Global access
challenges in
Insufficient support for
unmanageable
Consumer Commitment
Inability to meet
Customer Expectations
Lack of
Volumes
Agility
missing
unpredictable
Traffic
missing
Challenge in tracking
Campaign effectiveness
Unable to build
immeasurable
ROI
Content Consumer Context
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Loyalty
Incomplete understanding of
Consumer Behavior
multiple
Digital touch points
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16. Reaching the digital customer
Personalized
Campaigns
Actionable
Consumer
Insights
Order
management
Multichannel
Reach
The Digital
Enterprise
Superb
Buying
Experience
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Ubiquitous
Virtual Stores
Social
Collaboration
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17. The Digital Consumer Journey
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Engagement
EVALUATE
Discovery
Reviews
Brand Strength
Word of Mouth
BUY
CONSIDER
use
PURCHASE
Introduction
Experience
Sentiment
Commitment
Post-purchase Research
Sentiment
LOYALTY
Advocate
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EXPERIENCE
Validation
18. The Digital Customer
Needs
Time since last
purchase
A hybrid car
Facebook/Twitter
6 pack abs
Lives in Chicago
Browsing history
Demographics
Kids aged 6 & 9
Home Loan
Wife
Daughter
Family
Son
University
Office
Friends
Connections &
Influences
Racquetball sports
Twitter
Blogs
Marathon running
Social
Facebook
Customer
Brand conscious
Loves gifting
Buying Behavior
Likes deals
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Wish list
New running shoes
Male, 40 years
Married
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Interests
Science fiction
Cooking
Wii games
iPad apps
@2013 Infosys Limited
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The 3600 view
Identified consumer
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Explicit interactions with a digital channel
– such as information captured through
registrations, surveys, coupons, etc.
The Customer is known to the channel in a
secure manner
Information about the Customer includes
PII, profile, preferences, etc.
The combination of these personas gives the
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Anonymous consumer
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The Customer’s behavior is interpreted
through his or her implicit interactions with
the digital channel
The Customer’s identity is not known
through these interactions
The Customer is known at an aggregate level
as a part of a Customer segment
3600 view of the customer
20. The digital customer identity
Unified Profile
Store
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Social
Listening,
sentiment
analysis
Big Data Analytics
Shared services,
components
Personalization
Segmentation
Single sign-on
Actionable Insights
Content
Recommendations
Digital delivery
Customer
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Offline feeds
(Neilsen, IRI)
22. Big Data Implementation
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Visualization
Business Intelligence
Data analysis
Acquisition & Integration
Data sources
@2013 Infosys Limited
• Multi-channel display
• Configurable UI
• Comprehensive analytics
• Proactive BI
• Predicative BI
• Machine-learning based analytics
• Historical and operational data stores
• Ability to process large data volumes
• Data acquisition
• Data quality
• Standardization and cleansing
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Structured/unstructured data
Traditional/digital media
External/enterprise systems
Real-time/batch
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23. How does big data drive a rich
consumer experience?
Right information at the
Right time for the
Right consumer at the
Right place
Right offer at the
Right time at the
Right location with the
Right context
The Internet CLOUD
Delivering through all the
digital touch points to the
same consumer, one that
and BIG
you know very well
Leveraging
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DATA ANALYTICS
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