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Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |
Brought to you by In association with
The Modern Marketers Guide to Connected
Customer Journeys
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Listen via your computer speakers or on the phone
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Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |
Today’s Speakers
The Modern Marketers Guide to Connected Customer Journeys
Abdul Hamid Ebrahim
Marketing Advisor – Strategy & Planning
Oracle Marketing Cloud
Noelle McElhatton
Consultant Editor
Marketingfinder.co.uk
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Interact with us
The Modern Marketers Guide to Connected Customer Journeys
Follow the conversation on twitter #ConnectedJourneys
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
The Modern Marketers
Guide to Connected
Customer Journeys
Abdul Hamid Ebrahim
Marketing Advisor, Strategy & Planning
Oracle Marketing Cloud
t. @imarcomms
e. abdul.ebrahim@oracle.com
4
Click here to view the free on-demand recording of this webinar
5
Times are changing
Click here to view the free on-demand recording of this webinar
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Today, Everyone Wants to be Customer-Centric
6
Click here to view the free on-demand recording of this webinar
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 7
A Few Companies Actually Get It
“Companies were in control up until 2000.
But now the customer is in the driver’s seat.
If you embrace that, you will thrive.
If not, then by 2020, you will not survive.”
— Jamie Nordstrom
Click here to view the free on-demand recording of this webinar
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 8
But Most Companies Never Get There
of customers cite no
relationship with a
brand.
—Harvard Business Review
77%
Click here to view the free on-demand recording of this webinar
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 9
Customers Feel It Every Day
2 WEEKS LATER…
Click here to view the free on-demand recording of this webinar
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | 10
Why do companies fall short?
Click here to view the free on-demand recording of this webinar
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
12
8%
The Data Dilemma
Consider their marketing as fully ‘data
driven’ and 29% state they would like
their marketing to be fully data driven
The biggest challenge = bringing data
together from multiple points
2nd biggest challenge = Gaining insights
12
Click here to view the free on-demand recording of this webinar
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
18%Lack any system integration
8% said their data and marketing systems
were well integrated
38% some of their systems integrated
Finding the disconnect
13
Click here to view the free on-demand recording of this webinar
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 14
56%
Be useful
Rate content marketing as a high priority
71% create different content for different
channels, but less than half are creating
different content based on buyer persona
Consumers Control Their Interaction with Your Brand
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | 15Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |
Great individual
customer
experience…
But no scale.
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | 16
Great scale.
But no individual
customer
relationship.
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
88% of CMOs said they don’t have
a real-time, well-integrated view of
customer interactions across their
enterprises - CMO Council, 2013
Over 70% of CMOs feel they are
not well prepared to exploit opportunities
presented by
achieving a customer-centric culture
- Gartner
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 18
The customer has moved on.
Have we?
Click here to view the free on-demand recording of this webinar
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 19
A campaign centric strategy puts the customer experience
last.
“Marketers spend almost 80% of their interactive
marketing budgets on mass acquisition vehicles.”
Campaign dictates
the message.
Campaign dictates
the channel.
Campaign dictates
the timing.
Campaign dictates
the audience.
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 20
Old mindset: How do I maximize campaign conversions?
3% Converted
$
The
Mass
Market
The
Transaction
Back to the
start for re-
conversion.
97% Ignored
…or Annoyed
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Marketing Plays a Key Role in the Entire Customer Lifecycle
Marketing
Influence Sales Influence
Brand
Advertising
Lead
Generation
Product
Education
Commerce
& Sales
Product
Experience
Service &
Support1994 Loyalty
Marketing Driven Customer Experience
Organizational
Support
Brand
Advertising
Lead
Generation
Product
Education
Commerce
& Sales
Product
Experience
Service &
SupportLoyalty2014
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
The Skills Gap
Data
Technology
Channel
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
You are Expected to Do More with Less
No change in budget or
resources
89%
New responsibilities
76%
Leadership judges
marketing ROI faster
76%
Source: Forrester/Business Marketing Association May 2013 Global Marketing Online Survey
Click here to view the free on-demand recording of this webinar
It’s time to
take a different(iated) approach.
Click here to view the free on-demand recording of this webinar
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 25
It’s time to
become a
modern
marketer.
“Companies will be better off if
they stop viewing customer
engagement as a series of discrete
interactions [i.e. campaigns] and
instead think about it as
customers do: a set of related
interactions that, added together,
make up the customer
experience.”
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Start
with the
Campaign
Start
with the
Customer
Build profiles Design an experience Interact individually
Create an offer
Schedule it in
the calendar
Send to a
mass audience
Flip the marketer experience.
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 26
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 27
Customers are flocking to brands that can deliver
individualized experiences.
Source: Responsys survey data, 2013
Consumer reactions to brands who deliver individualized experiences vs. not
Customer Centric companies earn
positive customer sentiment at a
significantly higher rate
Campaign Centric brands earn negative
customer sentiment at a significantly
higher rate.
Valuesits
customers
Understands
myneeds
213%
196% 193% 183%
Hasearned
myloyalty
Respects
me
Disinterests
me
138% 142%
184%
Doesn’trecognize
meindividually
Frustrates
me
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Integrate
28
Collect, Connect and Leverage Data in the Cloud
Data From:
Every Behavior
Every System
Every Prospect
Every Customer
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 29
Modern Marketers deliver amazing individual customer
experiences.
Mass Market
$
Transaction
Build actionable
customer profiles
Individually targeted
messages
deliver
3xhigher
conversion
Relationship
Source: Responsys customer data
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Automate
• Right Message, Right Person, Right Time
30
• Cross-Channel Marketing 
• Social Marketing 
• Content Marketing 
Click here to view the free on-demand recording of this webinar
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 31
Individualized experiences. Over time. Across channels.
B2C Marketing Orchestration:
show
display ad
discount offer
social
sharing
encourage
opened
message?
no
yes
wait
24
hours
start
program
website
browsed
end
program
app
installed?
send
email
follow-up
push
message
follow-up
no
yes
Click here to view the free on-demand recording of this webinar
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 32
B2B Marketing Automation
Marketer creates
Account Profile
Delivers ad to Account
using BK Partner
Collects anonymous behavior
data about Account
Entices Account to register
based on behavior data
Identifies account as Jones
Construction, Inc.
Automatic Lead Score
makes account available
for telesales followup.
Marketer uses Content Marketing solution to
reinforce Safety benefit and convert sale
Cross-Channel Marketing Social Marketing Content Marketing
Drives advocacy with Success Story
PRODUCTS LEGEND: BlueKai DMP
Account is automatically
added to appropriate
targeting campaign
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 33
Modern Marketers deliver amazing individual customer
experiences.
Transaction
Orchestrated
experiences deliver
5x higher
conversion
re-permission
winback
alerts
transactional
cross-sell
replenishment
reviews
friend to friend
abandon
browse
welcome
targeted
Relationship
$
Source: Responsys customer data
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Create
34
CONTENT
IS THE FUEL FOR
YOUR
MARKETING
ENGINE
Click here to view the free on-demand recording of this webinar
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 35
After determining Personas, creating Topic Models allows marketing
teams to identify topics their target market wants to hear about.
TOPICS
Build Robust Topic Models to Assist in Content Scale
Thought
Leadership
Customer
Story
Product
Review Press
Release
Best
Practices
Click here to view the free on-demand recording of this webinar
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 36
Create Personalized Content at Scale
Build Persona in Oracle Content Marketing
Mark, 40, Intermediate Fly Fisherman
Employee, David, an expert Fly
fisherman, authors content on local
area and best practices
Tags content with
Persona (Mark) and
Engagement Stage
Content is pushed to the Fishing
Shops Blog, sent out via email (e.g.:
Responsys), and shared via social
(e.g: Oracle SRM).
1
2
3
4
Click here to view the free on-demand recording of this webinar
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Real-time Marketing
Benchmark Data
Demonstrate
Click here to view the free on-demand recording of this webinar
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
This approach drives results.
+70%
+225%
+300%
open rates
conversion
rates
revenue
per email
+162%
+600%
response
rates
program
revenue
124x revenue generation
vs. promotional messages
+200%
+900%
+200%
open rates
click-through
rates
revenue
per email
+120%
+300%
open rates
click-through
rates
+100%
+300%
open rates
click-through
rates
38Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 39
The world’s most sophisticated brands deliver individual
customer experiences at an enterprise scale.
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
-3x higher response
by using dynamic
content
- 3x increase in
purchase value
40
The world’s most sophisticated brands deliver individual
customer experiences at an enterprise scale.
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
- 175% increase in
revenue attributed to
Marketing
- 72% reduction in
lead conversion time
41
The world’s most sophisticated brands deliver individual
customer experiences at an enterprise scale.
Marketers …
Click here to view the free on-demand recording of this webinar
Stop marketing. Start engaging.
Click here to view the free on-demand recording of this webinar
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
The Modern Marketers
Guide to Connected
Customer Journeys
Abdul Hamid Ebrahim
Marketing Advisor, Strategy & Planning
Oracle Marketing Cloud
t. @imarcomms
e. abdul.ebrahim@oracle.com
44
Thank you!
Click here to view the free on-demand recording of this webinar
Your Questions
The Modern Marketers Guide to Connected Customer Journeys
Abdul Hamid Ebrahim
Marketing Advisor – Strategy & Planning
Oracle Marketing Cloud
Noelle McElhatton
Consultant Editor
Marketingfinder.co.uk
Great reasons to fill out the exit survey
1. You can give us your feedback
2. You can request your free copy of ‘The Virtual Presenters
Handbook
The Modern Marketers Guide to Connected
Customer Journeys
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The Modern Marketers Guide to Connected Customer Journeys

  • 1. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | Brought to you by In association with The Modern Marketers Guide to Connected Customer Journeys The webinar will begin shortly Listen via your computer speakers or on the phone UK: +44 (0) 330 221 9920 Access Code: 187-063-033
  • 2. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | Today’s Speakers The Modern Marketers Guide to Connected Customer Journeys Abdul Hamid Ebrahim Marketing Advisor – Strategy & Planning Oracle Marketing Cloud Noelle McElhatton Consultant Editor Marketingfinder.co.uk
  • 3. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. Interact with us The Modern Marketers Guide to Connected Customer Journeys Follow the conversation on twitter #ConnectedJourneys
  • 4. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. The Modern Marketers Guide to Connected Customer Journeys Abdul Hamid Ebrahim Marketing Advisor, Strategy & Planning Oracle Marketing Cloud t. @imarcomms e. abdul.ebrahim@oracle.com 4 Click here to view the free on-demand recording of this webinar
  • 5. 5 Times are changing Click here to view the free on-demand recording of this webinar
  • 6. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. Today, Everyone Wants to be Customer-Centric 6 Click here to view the free on-demand recording of this webinar
  • 7. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 7 A Few Companies Actually Get It “Companies were in control up until 2000. But now the customer is in the driver’s seat. If you embrace that, you will thrive. If not, then by 2020, you will not survive.” — Jamie Nordstrom Click here to view the free on-demand recording of this webinar
  • 8. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 8 But Most Companies Never Get There of customers cite no relationship with a brand. —Harvard Business Review 77% Click here to view the free on-demand recording of this webinar
  • 9. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 9 Customers Feel It Every Day 2 WEEKS LATER… Click here to view the free on-demand recording of this webinar
  • 10. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | 10
  • 11. Why do companies fall short? Click here to view the free on-demand recording of this webinar
  • 12. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 12 8% The Data Dilemma Consider their marketing as fully ‘data driven’ and 29% state they would like their marketing to be fully data driven The biggest challenge = bringing data together from multiple points 2nd biggest challenge = Gaining insights 12 Click here to view the free on-demand recording of this webinar
  • 13. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 18%Lack any system integration 8% said their data and marketing systems were well integrated 38% some of their systems integrated Finding the disconnect 13 Click here to view the free on-demand recording of this webinar
  • 14. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 14 56% Be useful Rate content marketing as a high priority 71% create different content for different channels, but less than half are creating different content based on buyer persona Consumers Control Their Interaction with Your Brand
  • 15. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | 15Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | Great individual customer experience… But no scale.
  • 16. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | 16 Great scale. But no individual customer relationship.
  • 17. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 88% of CMOs said they don’t have a real-time, well-integrated view of customer interactions across their enterprises - CMO Council, 2013 Over 70% of CMOs feel they are not well prepared to exploit opportunities presented by achieving a customer-centric culture - Gartner
  • 18. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 18 The customer has moved on. Have we? Click here to view the free on-demand recording of this webinar
  • 19. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 19 A campaign centric strategy puts the customer experience last. “Marketers spend almost 80% of their interactive marketing budgets on mass acquisition vehicles.” Campaign dictates the message. Campaign dictates the channel. Campaign dictates the timing. Campaign dictates the audience.
  • 20. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 20 Old mindset: How do I maximize campaign conversions? 3% Converted $ The Mass Market The Transaction Back to the start for re- conversion. 97% Ignored …or Annoyed
  • 21. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. Marketing Plays a Key Role in the Entire Customer Lifecycle Marketing Influence Sales Influence Brand Advertising Lead Generation Product Education Commerce & Sales Product Experience Service & Support1994 Loyalty Marketing Driven Customer Experience Organizational Support Brand Advertising Lead Generation Product Education Commerce & Sales Product Experience Service & SupportLoyalty2014
  • 22. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. The Skills Gap Data Technology Channel
  • 23. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. You are Expected to Do More with Less No change in budget or resources 89% New responsibilities 76% Leadership judges marketing ROI faster 76% Source: Forrester/Business Marketing Association May 2013 Global Marketing Online Survey Click here to view the free on-demand recording of this webinar
  • 24. It’s time to take a different(iated) approach. Click here to view the free on-demand recording of this webinar
  • 25. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 25 It’s time to become a modern marketer. “Companies will be better off if they stop viewing customer engagement as a series of discrete interactions [i.e. campaigns] and instead think about it as customers do: a set of related interactions that, added together, make up the customer experience.”
  • 26. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. Start with the Campaign Start with the Customer Build profiles Design an experience Interact individually Create an offer Schedule it in the calendar Send to a mass audience Flip the marketer experience. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 26
  • 27. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 27 Customers are flocking to brands that can deliver individualized experiences. Source: Responsys survey data, 2013 Consumer reactions to brands who deliver individualized experiences vs. not Customer Centric companies earn positive customer sentiment at a significantly higher rate Campaign Centric brands earn negative customer sentiment at a significantly higher rate. Valuesits customers Understands myneeds 213% 196% 193% 183% Hasearned myloyalty Respects me Disinterests me 138% 142% 184% Doesn’trecognize meindividually Frustrates me
  • 28. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. Integrate 28 Collect, Connect and Leverage Data in the Cloud Data From: Every Behavior Every System Every Prospect Every Customer
  • 29. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 29 Modern Marketers deliver amazing individual customer experiences. Mass Market $ Transaction Build actionable customer profiles Individually targeted messages deliver 3xhigher conversion Relationship Source: Responsys customer data
  • 30. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. Automate • Right Message, Right Person, Right Time 30 • Cross-Channel Marketing  • Social Marketing  • Content Marketing  Click here to view the free on-demand recording of this webinar
  • 31. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 31 Individualized experiences. Over time. Across channels. B2C Marketing Orchestration: show display ad discount offer social sharing encourage opened message? no yes wait 24 hours start program website browsed end program app installed? send email follow-up push message follow-up no yes Click here to view the free on-demand recording of this webinar
  • 32. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 32 B2B Marketing Automation Marketer creates Account Profile Delivers ad to Account using BK Partner Collects anonymous behavior data about Account Entices Account to register based on behavior data Identifies account as Jones Construction, Inc. Automatic Lead Score makes account available for telesales followup. Marketer uses Content Marketing solution to reinforce Safety benefit and convert sale Cross-Channel Marketing Social Marketing Content Marketing Drives advocacy with Success Story PRODUCTS LEGEND: BlueKai DMP Account is automatically added to appropriate targeting campaign
  • 33. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 33 Modern Marketers deliver amazing individual customer experiences. Transaction Orchestrated experiences deliver 5x higher conversion re-permission winback alerts transactional cross-sell replenishment reviews friend to friend abandon browse welcome targeted Relationship $ Source: Responsys customer data
  • 34. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. Create 34 CONTENT IS THE FUEL FOR YOUR MARKETING ENGINE Click here to view the free on-demand recording of this webinar
  • 35. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 35 After determining Personas, creating Topic Models allows marketing teams to identify topics their target market wants to hear about. TOPICS Build Robust Topic Models to Assist in Content Scale Thought Leadership Customer Story Product Review Press Release Best Practices Click here to view the free on-demand recording of this webinar
  • 36. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 36 Create Personalized Content at Scale Build Persona in Oracle Content Marketing Mark, 40, Intermediate Fly Fisherman Employee, David, an expert Fly fisherman, authors content on local area and best practices Tags content with Persona (Mark) and Engagement Stage Content is pushed to the Fishing Shops Blog, sent out via email (e.g.: Responsys), and shared via social (e.g: Oracle SRM). 1 2 3 4 Click here to view the free on-demand recording of this webinar
  • 37. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. Real-time Marketing Benchmark Data Demonstrate Click here to view the free on-demand recording of this webinar
  • 38. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. This approach drives results. +70% +225% +300% open rates conversion rates revenue per email +162% +600% response rates program revenue 124x revenue generation vs. promotional messages +200% +900% +200% open rates click-through rates revenue per email +120% +300% open rates click-through rates +100% +300% open rates click-through rates 38Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
  • 39. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. 39 The world’s most sophisticated brands deliver individual customer experiences at an enterprise scale.
  • 40. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. -3x higher response by using dynamic content - 3x increase in purchase value 40 The world’s most sophisticated brands deliver individual customer experiences at an enterprise scale.
  • 41. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. - 175% increase in revenue attributed to Marketing - 72% reduction in lead conversion time 41 The world’s most sophisticated brands deliver individual customer experiences at an enterprise scale.
  • 42. Marketers … Click here to view the free on-demand recording of this webinar
  • 43. Stop marketing. Start engaging. Click here to view the free on-demand recording of this webinar
  • 44. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. The Modern Marketers Guide to Connected Customer Journeys Abdul Hamid Ebrahim Marketing Advisor, Strategy & Planning Oracle Marketing Cloud t. @imarcomms e. abdul.ebrahim@oracle.com 44 Thank you! Click here to view the free on-demand recording of this webinar
  • 45. Your Questions The Modern Marketers Guide to Connected Customer Journeys Abdul Hamid Ebrahim Marketing Advisor – Strategy & Planning Oracle Marketing Cloud Noelle McElhatton Consultant Editor Marketingfinder.co.uk
  • 46. Great reasons to fill out the exit survey 1. You can give us your feedback 2. You can request your free copy of ‘The Virtual Presenters Handbook
  • 47. The Modern Marketers Guide to Connected Customer Journeys Thank You In association withBrought to you by In association with

Notes de l'éditeur

  1. Great marketing starts with a great customer experience. Think back to the corner store, where the shopkeeper not only knew your name, but knew what you liked. While the experience was great, the customer lacked choice. And the marketer lacked scale.
  2. This lead to the big box stores. The marketer got their scale, and the customer got their choice, but it was at the expense of the individual customer relationship. And because of the scale, the marketers changed from individual conversations with customers, to a broadcast to the masses campaign approach. This is the challenge faced by marketers – how to achieve both.
  3. A study recently conducted by the CMO Council reports that “88% of CMOs said they don’t have a real-time, well-integrated view of customer interactions across their enterprises” And... <click> “Over 70% of CMOs feel they are not well prepared to exploit opportunities presented by achieving a customer-centric culture.” So there is an awareness of the need for a better marketing technology solution, but most of you are struggling to find and implement it.
  4. Today’s customer has moved on.
  5. We are still seeing campaign centric instead of customer centric strategies. Whilst many may talk about customer centricity, the reality is that too many marketers are stuck in the old paradigm. The problem is that a campaign centric strategy actually puts the customer experience last. Think about it. The campaign dictates what the message will be. The campaign dictates what channels will be used. The campaign dictates the timing. And only at the end of the process does the campaign dictate the audience. In fact Forrester says that marketers spend almost 80% of the interactive marketing budgets on mass acquisition vehicles. That means very little is being spent on actually building a relationship, and focusing on the customer experience.
  6. Instead, with the old mindset, the marketer is focusing not on the customer, but on maximizing campaign conversions. [CLICK] They’ll run these campaigns, and if they’re lucky, 3% will convert. [CLICK] For the other 97%, your best case is that they ignored it… and your worst case is that they were actually annoyed by it. [CLICK] And since no relationship has been establish, that 3% that actually converted… they go back to the mass market bucket, and you have to start all over for the re-conversion. Is that a great customer experience?
  7. There has been a drastic shift over the last decade. Your responsibility now extends throughout the customer lifecycle. Last year the Google and Corporate Executive Board study showed that buyers are 60% through their decision process before engaging with a Sales person. This means marketing has to play a much bigger role in the selling process and presents you with a huge opportunity. For the first time, you now have the ability to guide and own virtually the entire customer relationship.
  8. When so few organisations are able to track and measure activity, it comes as little surprise that the research has also identified a significant skills gap, not only of technical and channel skills within the department, but also particularly when it comes to the more quantitative side of marketing. In fact, many marketing departments admit that the skills they most lack are data and marketing technology skills, including the ability to analyse campaign results, followed by channel-specific skills, such as those required to address the challenges of mobile and social. Resources, or the lack of them, are also a common problem. Over half of marketing departments don’t have the resources they need to manage or analyse data properly. They also struggle to manage social and create content, which may serve to push these important areas out of focus. Additionally, only 26% of respondents are benchmarking their activities against internal or external best practise statistics, which begs the question of how do you know you are doing the right thing and doing it well?
  9. But along with that opportunity and increased responsibility is the expectation to deliver attributable revenue. In the Forrester/Business Marketing Association May 2013 Global Marketing Online Survey, more than 100 marketing leaders said: <click> “Marketing is asked to take on new responsibilities without change in budget or resources.” -- 89% <click> “Marketing does things today no one thought it would be responsible for three to four years ago.” – 76% <click> “Our leadership team judges the success of marketing initiatives faster than ever before.” – 76% So you’re expected to deliver more with fewer resources and the same (or less) budget.
  10. It’s time for Marketers to Take a Different Approach.
  11. It’s time to become a modern marketer. McKinsey agrees with us. They said “Companies will be better off if they stop viewing customer engagement as a series of discrete interactions (i.e. campaigns) and instead think about is as customers do: a set of related interactions that, added together, make up the customer experience.”
  12. To achieve this, first you need to flip your marketer’s experience. Instead of starting with the campaign, where you first create an offer, schedule it in the calendar, and then select your mass audience, you need to start with the customer. This means you need to start building individual profiles. Then you can design automated experiences, which enables you to interact with each customer individually.
  13. And customers are flocking to brands that can deliver individualized experiences. Customer centric companies earn positive sentiment, with customers saying they “understand my need,” “have earned my loyalty,” and “values me as a customer.” While campaign centric brands have seen the opposite – negative sentiment. Customers are staying things like they “disinterest me,” that they “frustrate me,” or they “don’t recognize me as an individual.”
  14. And knowing your customer starts by building a more complete picture of them through their online behavior, what we call their Digital Body Language™ (Which is revealed through online activities such as website visits, white paper downloads, social interactions, searches performed and email responses). Digital Body Language offers a wealth of knowledge, providing valuable insight about your prospects and customers. But you must collect all of it. No matter where it is or what it is, and regardless of whether it exists in separate silos, databases, or systems. If you don’t you are building an incomplete and inaccurate view of potential customers, which makes it virtually impossible to truly know them. But it’s difficult to do that in the current environment where you’re dealing with multiple data sources, multiple channels and people in multiple and indistinct lifecycle stages. Which leaves you trying to collect it all from disparate systems and data silos, then kludging it all together manually on your own.
  15. Modern marketers know that they need to deliver amazing individual customer experiences. So the first thing they do is focus less on the transaction. [CLICK] Instead, they focus on the relationship. They start this process by building actionable customer profiles. [CLICK] And send individually targeted messages that, on average, deliver a 3x higher conversion.
  16. It boils down to delivering the right message, to the right person, at the right time. To effectively communicate you must connect with consumers in real time, in a consistent, orchestrated way through the entire lifecycle across every possible channel. *Cloud-based marketing technology allows you to become a trusted source by supporting and guiding the customer relationship throughout the entire lifecycle: from suspect to prospect; prospect to customer; and customer to advocate. This is a continuous cycle of attracting and retaining ideal customers that goes well beyond the traditional, linear sales process. You become an invaluable part of their process at every stage. A trustworthy source of information, because you are participating on an ongoing and deeper level. You are communicating with them, instead of just selling to them. Once you are properly communicating with the right people, with the right message at the right time, you now can maximize the benefit of that relationship for both you and them. It’s a no brainer that engaged, happy and loyal customers result in more revenue. But achieving that requires more than a singular, linear marketing effort.
  17. We call it marketing orchestration. And it means individualizing customer experiences, over time, and across channels. Not necessarily needed for the slide, but the text below walks through what happens to a customer in this program. Let’s take a look at how Jaxon’s, the fashion retailer interacts with a customer named Melissa. This program is launched automatically after Melissa browses, but doesn’t purchase, dresses online at Jaxon’s. First it looks into Melissa’s profile to see if she has the Jaxon’s Mobile App installed. If it does, and she’s given us permission to communicate via Push Messaging, it’s going to follow-up with her to let her know about all the great dresses Jaxon’s offers. If she doesn’t no worries, we can do the same thing with an email. Then we wait, in this case 24 hours, and no we want to check if she’s opened our message. If she hasn’t, we might want to back off a but, not look too push, so let’s follow-up with a personalized display ad, perhaps providing her a discount. If she has opened it, let’s encourage her to share some of those great Jaxon’s messages via social. Again, all this can happen automatically, and can be different for every customer, at each stage of the lifecycle.
  18. So let’s discuss a use case that could only be possible with the Oracle Marketing Cloud. A company that sells construction equipment runs an integrated campaign  Their main target for this is for senior decision makers at the VP level within the construction industry who have an interest in equipment, so they create an audience profile in BlueKai to reach people matching that profile.  They get someone with this customer profile to visit the website page. He downloads a whitepaper. As he registers his details in order to download the whitepaper, an account is created within the Oracle Marketing Cloud and they are automatically added to a relevant campaign. Automated lead scoring ranks the lead a prospect available for telesales to follow up.  With Oracle’s Cross-Channel Marketing solution, the marketer tracks his behavior. Because they don’t want to lose her business, they actually follow up with relevant content highlighting the safety benefits of their equipment.  This convinces him to purchase, so the lead is converted into a sale.  Because he had a positive experience, he shares the review on social channels, advocating for the product.
  19. Then they orchestrate those experiences based on customer profile data, and where they are in the buying cycle. And by doing that, modern marketers typically see a 5x higher conversion rate. Modern marketers know they need to engage with each customer differently. They know customers who have just repurchased from you need to be treated differently, and receive different messages than a customer who you might be trying to winback. And modern marketers know that they can build automated programs, providing that individual customer experience, but at a massive scale.
  20. *Let’s talk a bit more about content specifically, because you simply can’t have a successful Modern Marketing effort without an effective content marketing strategy. Content marketing is no longer about just putting information out there that leads people back to your web site. You need to think of content as something that is created for a specific purpose to connect with a specific consumer at a specific time and place with just the right message - based on that person’s profile data. Ultimately, content delivered through a multichannel approach is the fuel of your marketing engine. Intelligent content marketing delivers a personalized and relevant experience that leads to higher levels of engagement and response. You can even score the content and marry that with your segments and lifecycle stages, so it’s far more impactful toward your CX And your content must be relevant regardless of where and how it is presented. Let’s look at email for example. According to Epsilon: “Email open rates are 73% higher <click> and click-through rates are 153% higher when triggered messages based on individual behavior are sent.” So it’s clear that being relevant and timely is critical to successfully building a mutually beneficial relationship with prospects and customers.
  21. Script: After determining personas, the marker must then identify what the target market wants to hear about and in what form. Topic Modeling is an in-app white boarding tactic that allows marketing teams to identify topics, the type of content to create (e.g.: vidoe, infographic, text, etc.) and the channel in which to publish the content asset. 51% of B2C marketers and 55% of B2B markers site producing enough content as a major challenge that they face. Followed by producing the kind of content that engages at 49% and 47% of B2C and B2C marketers, respectively. Data; http://contentmarketinginstitute.com/wp-content/uploads/2013/10/B2B_Research_2014_CMI.pdf http://contentmarketinginstitute.com/wp-content/uploads/2013/10/B2C_Research_2014-withlinks.pdf
  22. Script: They enable employees from every one of Bass Pro’s stores to write content. Equipped with an easy-to-use and scalable system in Oracle Content Marketing, Bass Pro’s store employees generate hundreds of pieces of content each month – covering an incredibly wide range of hunting and fishing topics that vary across different regions of US and Canada. With a goal of driving in-store traffic, Bass Pro’s customers are able to connect with their local store by reading their content online. Their new content strategy allows Bass Pro to not only scale their amount of content and topics, but it also allows them to create a better relationship between their stores and their local markets. Let’s see how Bass Pro Shops is delivering:: ——  First, the Bass Marketing team builds out various persona in Oracle Content Marketing (about 40 different persona). One of those personas is “Mark”. Mark is a beginner fly fisherman. He has been fishing for a while but is still learning master-level skills. Now, we have an Bass Pro Shops employee, David, at the Foxborough, Massachusetts store. David is a seasoned fly fisher with master level knowledge and the sport and deep knowledge of the local fishing area. David, writes a pieces of content about Spring Fishing in New England. He tags content with the appropriate persona (Mark) and Engagement Stage (Awareness). The content sent through Bass’s workflow process, edited and approved and then published to the Bass Pro Shops Blog, sent out via email to subscribers (Responsys) and shared via social media outlets (Oracle SRM).
  23. *But the holy grail is being able to not only track your revenue performance, but also predict where things are heading and benchmark your performance against your peers. And the right marketing technology will allow you to leverage a myriad of benchmark indexes, compare how you are doing versus the rest of the industry, and use the trends to predict how changes in your marketing plan could impact your bottom line. So you can not only maximize the effect of everything you are doing today, but also what you’ll be doing next quarter, next year and beyond.
  24. This approach drives results. Major brands have seen higher open rates, conversion rates, and most importantly increase in revenue.
  25. As such, the world’s most sophisticated brands are now delivering individual customer experiences, at a massive scale. Last year we sent over 89 billion emails. Have over 5 billion active recipients in programs. And stored more than 1.5 petabytes of data. [B2B stats – highlight stats]
  26. As such, the world’s most sophisticated brands are now delivering individual customer experiences, at a massive scale. Last year we sent over 89 billion emails. Have over 5 billion active recipients in programs. And stored more than 1.5 petabytes of data. [B2B stats – highlight stats]
  27. As such, the world’s most sophisticated brands are now delivering individual customer experiences, at a massive scale. Last year we sent over 89 billion emails. Have over 5 billion active recipients in programs. And stored more than 1.5 petabytes of data. [B2B stats – highlight stats]
  28. It’s time for Marketers to Take a Different Approach.
  29. It’s time for Marketers to Take a Different Approach. [revise]