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Marketing to Data-Conscious Consumers
How is channel marketing evolving now that the value
of consumer data is more known?
Conscious Consumerism
Eco-conscious Socially-conscious Health-conscious
“By 2020, there will be as many digital bits as there are stars in the
universe.
The exponential rate of data creation and the universal use of
the internet of things will only make our lives even more intertwined with
the digital universe.”
Source: https://www.emc.com/leadership/digital-universe/2014iview/executive-summary.htm
Data-Conscious Consumers
Data-Conscious Consumers
Data Unconcerned Data Pragmatists Data Fundamentalists
Source: https://dma.org.uk/uploads/misc/5a857c4fdf846-data-privacy---what-the-consumer-really-thinks-final_5a857c4fdf799.pdf
Attitudes towards data privacy in the UK
50% of the UK
population are Data
Pragmatists
25% are Data
Fundamentalists
25% are Data
Unconcerned
GDPR was the first legal milestone for brands to become more customer-centric, which we should be all
striving for anyway…
Source: https://dma.org.uk/uploads/misc/5a857c4fdf846-data-privacy---what-the-consumer-really-thinks-final_5a857c4fdf799.pdf
Sources: Techworld IDG | Econsultancy
Some of 2018’s biggest cyber attacks
Marketing to Data-Conscious Consumers
Data Unconcerned Data Pragmatists Data Fundamentalists
The Value Exchange
What do consumers find valuable?
• Personalisation
• Real-time relevancy
• Predictive marketing
• Convenience
What data is needed to achieve this?
• Demographic data
• Transactional data
• Preference data
• Click-stream data
1. Personalisation
Demonstrating a Value Exchange
Demonstrating a Value Exchange
2. Convenience
3. Hyper relevancy with preference centers
Demonstrating a Value Exchange
What is the most valuable data to collect?
Data that allows you to engage in the moment
Data that allows you to build emotional relationships
Data that helps make the experience unique
…and this data is typically found beyond the sign up process
Tapping into the emotional side of
purchasing decisions
• Educational content that builds trust
• A personal, long-term conversation
• Access to personal/ preference data that
helps filter products that are best suited
• A reduced ‘consideration stage’ of the
customer lifecycle
Avg. monthly
repeat purchases: 140%
Avg. monthly
growth: 75%
Personalisation benefits: Conversion uplifts from
19% to 205% across sales, membership signups,
and engagement
Digital
touch-points
Physical
touch-points
AWARENESS CONSIDERATION ACTION SERVICE LOYALTY
TV
Radio
Print
Outdoor
PR Word
of mouth
Direct mail Store Call center Call center IVR Promotion
on invoice
Online Ads
Viral
email
Digital
billboards Search
Landing
page Blog
3rd
Party
sites Website Mobile IM/Chat Blog Email Newsletter
CMS
Automation
tool
Social tool Ecommerce App CRM
Customer
service
Data
warehouse
Analytics
Personalisation
tool
Fragmented customer experience?
App
What are some actions you should take?
Consider assessing all
customer data to identify
engagement levels e.g. who
are your Pragmatists,
Unconcerned or
Fundamentalists?
Look at aligning your people,
processes & technology to
deliver successful value
exchanges for a healthier
customer base
Think about your company’s
value exchange – what are
you offering & is it being
communicated &
demonstrated effectively?
Who is Celerity?
We have two views of reality to this Data & MarTech enabled world
Existing view
of reality
The set of assumptions, concepts, values and practices that constitute
a way of viewing reality for the community that shares them
New, emerging
view of reality
#1
‘evolution is inevitable; change is painful when not managed’
#2
TRACK # 1
Optimising the existing reality
GETTING MORE OUT
OF WHAT WE HAVE
MarTech: Improve
Data: Improve
People (owners & stakeholders):
Re-orientate
Process: Re-engineer
MAKING A STEP CHANGE
MarTech: Change
Data: Change
People (owners & stakeholders):
Change
Process: Change
2%-10%
Performance change
MODULAR
APPROACH
IDENTIFY
RECOMMENDIMPROVE
ACTIVATE
10%-30%
Performance change
TRACK # 2
Seize the new emerging reality
DATA & ANALYTICS
Unlocking your business potential
• Business & Data Strategy
• UX Analytics
• Customer Analytics
• Data Science & Engineering
• Single Customer View
• Data Governance & GDPR
• Data Visualisation
• Reporting & Dashboards
ENGINEERING
Enabling you through marketing
technology
• Adobe Experience Cloud
• Salesforce CRM Cloud
• Tealium Universal Data Hub
• Tableau
• Cloud Hosting
• Technical Consulting
• Vendor evaluation & selection
INTEGRATED
MARKETING
Delivering memorable experiences to
your customers
• Campaign Design & Creative
• Content Production
• HTML Development
• Cross-channel marketing activation
• Campaign Execution
• Marketing Automation
• Deliverability
• Training & Enablement
• Campaign Optimisation
Accelerated Business Growth Marketing Services
300%
increased incremental revenue
75%
time and cost savings
due to accelerated
implementation
approach
30%
increased sales
from insight-driven
campaigns
Developing
a customer
engagement platform.
Delivering a global
rollout of
Adobe campaign.
Providing a strategic
end to end campaign
management.
How we have Accelerated Business Growth
Our “plug and play” Accelerator Business Cells are multidimensional
and can expand or shrink depending on the clients business problems.
PROJECT
MANAGEMENT
CLIENT
CREATIVEENGINEERING
SALESFORCE
DATA
CLIENT
ENGAGEMENT
INTEGRATED
STUDIO
TEALIUM
ADOBE
CRM
STRATEGY
PARTNER
DESIGN
UX
Our connected eco-system
Some of the brands we work with
How is channel marketing evolving now that the value of consumer data is more known?

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How is channel marketing evolving now that the value of consumer data is more known?

  • 1. Marketing to Data-Conscious Consumers How is channel marketing evolving now that the value of consumer data is more known?
  • 3. “By 2020, there will be as many digital bits as there are stars in the universe. The exponential rate of data creation and the universal use of the internet of things will only make our lives even more intertwined with the digital universe.” Source: https://www.emc.com/leadership/digital-universe/2014iview/executive-summary.htm Data-Conscious Consumers
  • 4. Data-Conscious Consumers Data Unconcerned Data Pragmatists Data Fundamentalists Source: https://dma.org.uk/uploads/misc/5a857c4fdf846-data-privacy---what-the-consumer-really-thinks-final_5a857c4fdf799.pdf
  • 5. Attitudes towards data privacy in the UK 50% of the UK population are Data Pragmatists 25% are Data Fundamentalists 25% are Data Unconcerned GDPR was the first legal milestone for brands to become more customer-centric, which we should be all striving for anyway… Source: https://dma.org.uk/uploads/misc/5a857c4fdf846-data-privacy---what-the-consumer-really-thinks-final_5a857c4fdf799.pdf
  • 6. Sources: Techworld IDG | Econsultancy Some of 2018’s biggest cyber attacks
  • 7. Marketing to Data-Conscious Consumers Data Unconcerned Data Pragmatists Data Fundamentalists
  • 8. The Value Exchange What do consumers find valuable? • Personalisation • Real-time relevancy • Predictive marketing • Convenience What data is needed to achieve this? • Demographic data • Transactional data • Preference data • Click-stream data
  • 10. Demonstrating a Value Exchange 2. Convenience
  • 11. 3. Hyper relevancy with preference centers Demonstrating a Value Exchange
  • 12. What is the most valuable data to collect? Data that allows you to engage in the moment Data that allows you to build emotional relationships Data that helps make the experience unique …and this data is typically found beyond the sign up process
  • 13. Tapping into the emotional side of purchasing decisions • Educational content that builds trust • A personal, long-term conversation • Access to personal/ preference data that helps filter products that are best suited • A reduced ‘consideration stage’ of the customer lifecycle Avg. monthly repeat purchases: 140% Avg. monthly growth: 75% Personalisation benefits: Conversion uplifts from 19% to 205% across sales, membership signups, and engagement
  • 14. Digital touch-points Physical touch-points AWARENESS CONSIDERATION ACTION SERVICE LOYALTY TV Radio Print Outdoor PR Word of mouth Direct mail Store Call center Call center IVR Promotion on invoice Online Ads Viral email Digital billboards Search Landing page Blog 3rd Party sites Website Mobile IM/Chat Blog Email Newsletter CMS Automation tool Social tool Ecommerce App CRM Customer service Data warehouse Analytics Personalisation tool Fragmented customer experience? App
  • 15. What are some actions you should take? Consider assessing all customer data to identify engagement levels e.g. who are your Pragmatists, Unconcerned or Fundamentalists? Look at aligning your people, processes & technology to deliver successful value exchanges for a healthier customer base Think about your company’s value exchange – what are you offering & is it being communicated & demonstrated effectively?
  • 17. We have two views of reality to this Data & MarTech enabled world Existing view of reality The set of assumptions, concepts, values and practices that constitute a way of viewing reality for the community that shares them New, emerging view of reality #1 ‘evolution is inevitable; change is painful when not managed’ #2
  • 18. TRACK # 1 Optimising the existing reality GETTING MORE OUT OF WHAT WE HAVE MarTech: Improve Data: Improve People (owners & stakeholders): Re-orientate Process: Re-engineer MAKING A STEP CHANGE MarTech: Change Data: Change People (owners & stakeholders): Change Process: Change 2%-10% Performance change MODULAR APPROACH IDENTIFY RECOMMENDIMPROVE ACTIVATE 10%-30% Performance change TRACK # 2 Seize the new emerging reality
  • 19. DATA & ANALYTICS Unlocking your business potential • Business & Data Strategy • UX Analytics • Customer Analytics • Data Science & Engineering • Single Customer View • Data Governance & GDPR • Data Visualisation • Reporting & Dashboards ENGINEERING Enabling you through marketing technology • Adobe Experience Cloud • Salesforce CRM Cloud • Tealium Universal Data Hub • Tableau • Cloud Hosting • Technical Consulting • Vendor evaluation & selection INTEGRATED MARKETING Delivering memorable experiences to your customers • Campaign Design & Creative • Content Production • HTML Development • Cross-channel marketing activation • Campaign Execution • Marketing Automation • Deliverability • Training & Enablement • Campaign Optimisation Accelerated Business Growth Marketing Services
  • 20. 300% increased incremental revenue 75% time and cost savings due to accelerated implementation approach 30% increased sales from insight-driven campaigns Developing a customer engagement platform. Delivering a global rollout of Adobe campaign. Providing a strategic end to end campaign management. How we have Accelerated Business Growth
  • 21. Our “plug and play” Accelerator Business Cells are multidimensional and can expand or shrink depending on the clients business problems. PROJECT MANAGEMENT CLIENT CREATIVEENGINEERING SALESFORCE DATA CLIENT ENGAGEMENT INTEGRATED STUDIO TEALIUM ADOBE CRM STRATEGY PARTNER DESIGN UX Our connected eco-system
  • 22. Some of the brands we work with