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The value of data
Hello!
Rob Blackie
Consultant
OgilvyRED
Leila Seith Hassan
Head of Analytics
OgilvyOne
Frank Duck
Data Strategy Director
Ogilvy
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One
The value of data
“The world’s most valuable resource is
no longer oil, but data”
The Economist, 2017
NUMBER OF INTERACTIONS,
PER PERSON, PER DAY
Big Data
“AI”
“80% of data is “dark and untouched”
SAS, 2017
But when it comes to data, don’t just do it.
Do it with purpose
Insight Journeys Experiences Performance
What’s its purpose
Fluid Trustworthy Safe Welcoming Adaptable Humanised Legal
But also needs to be…
Information is not Insight
“Data doesn’t
create meaning,
we do”
Susan Etlinger
Insight is not
Data
in isolation
An Observation
- This is merely a
Fact
A Consumer
Need State
Uncover the overt
OUTCOME or
required ACTION
Ask the WHY look for
the MOTIVATION
WHAT is the Driver?
An Insight is not:
A previously unknown human truth
A new view of the world, breaking existing conventions and challenging the status quo
An observation of a consumer behaviour that jolts us to see them from a new perspective
Uncovering the underlying motivations that drive a given consumer behaviour
At Ogilvy we define an Insight as…
1
2
3
4
It elicits an emotional connection with your consumers
A new view of the world, breaking existing conventions and challenging the status quo
Unlocks a new audience to drive customer acquisition and sales growth
It uncovers the underlying motivations that drive a given consumer behaviour
Provides a clear statement of what to do next for your customers
A powerful platform for creative ideation
You have uncovered a valuable insight if…
1
2
3
4
5
6
One
Data driven insight in practise: 3 Guiding Principles
1. 2. 3.
Define a business
objective OR a
Hypothesis
Data Source
Assessment:
Availability,
Relevancy, Depth
Define the
Data Output
Who are my
most valuable
customers?
How can I re-engage
a dormant segment
of my database?
What are the
emerging cultural
trends influencing
consumer behaviour
in my category?
What is the optimum
contact strategy for
driving incremental
revenue from existing
customers?
How do we drive
customer
acquisition, is there
untapped audience
segment?
1. A clear set of objectives or hypotheses
Owned
Commissioned
Research
Public
Data
Partners/Market/
SalesData
Customer
Database
Customer
Transactions
Marketing
Engagement
Business Data
www
Social
Conversations
News
Qualitative
Focus
Ethnographic
Consultancy
Social Listenig
Behaviours
2. Hunt and mine the most relevant data source(s)
Customer Personas
Customer & Market
Segmentation
The CFM profiler !The CFM profiler !
Customer Database
Audit: Understand
your customers
Measurement Framework!
Measurement & Evaluation
Dashboards
Data Modelling:
RFM, Propensity,
Churn, Acquisition
360 Experience
Mapping
Strategy development:
Contact, Media,
Datacapture, Experience
Human insights to
feed Creative
Ideation
3. Data outputs
applymagicsauce.
Insights can change the world
Word of caution
Using data to drive experiences,
personalisation and, relationships
An old saying
“
“
It’s more important to reach the
people that count than to count
the people you reach
Today this might
translate to…
Relevant communications deliver
enhances personal customer experiences
Yet still too many
companies have a default
Delivering mass market
communications across channels with
little thought of how the target
audience respond, feel or experience
( )RELEVANCE +TIMELINESS+LOCATION
VALUE = TRUST
LOSS OF PRIVACY
We need to be personal
• ROI
• KPI
• Insight
Prioritise Personalise Precision
• Potential Value
• ROI
• Risk
• Segment
• Interest
• Location
• Attitudes
• Optimise Channel
• Channel Preference
• Optimise Journey
• Timing
Performance
The 3 Ps
Define

Ambition
Identify &
Understand
Audiences
Develop
Strategy
Generate
Ideas
Prototype
& Iterate
Design
Experience
Produce
Assets
Distribute
Content
Optimize
Performance
DATA INSIGHTS & DATA FUEL TECHNOLOGY, PLATFORMS & PARTNERS
Create RealiseThink
Which fuels the
INSERT THE BATTERSEA DOGS HOME
DIFFERENT USE OF DATA
32
Measurement and
Optimisation
• Start small, think big and, evolve
• Define your objectives
• KPIs, diagnostics and apples
• Insights vs. Observations
• Tagging 101
Where do you start?
▪ KPI and diagnostic metrics aligned to
marketing objectives
▪ Benchmarks
▪ Qualitative explanations of x on y
▪ Bespoke metrics aligned to strategy
▪ Basic A/Bn testing
▪ Apple-to-apples comparisons across
agencies / platforms
▪ Metrics by platform silo
▪ Standardised metrics in platforms
• Explicitly tie back to business goals
▪ Scenario analysis; if x is switched off,
what is the impact to the eco-system y?
▪ Test segments, test scenarios and test
targeting
L E V E L 1
L E V E L 2
L E V E L 3
“Measure something”
“Strategic Measurement”
“Advanced analytics:
beyond measurement”
Build over time
Business: What does the business need to achieve?
- Long term, complex measurement, longitudinal analysis
- Larger goals, simplified statements
Marketing: What does the marketing / communications activity need to achieve?
- Audience and segment specific
- Tactical in nature
- What can we impact as part of the business goal
Data and Measurement: What are you using data and analytics for?
- What should the analyst being giving to the marketers to meet 1 and 2 above
- What do I need to optimise my activity
- What should I test
36
Define objectives
1
2
3
KPI Diagnostic
• Explicitly tied to objectives • Explicitly tied to the KPI
• Demonstrates aggregate success / failure
• Tells you why a KPI performed /
underperformed
• Set targets • No targets
• Benchmark against historical & industry • No benchmarks
KPI = FINITE, ONLY A FEW VS. DIAGNOSTICS = INFINITE AND MANY
37
Tie objectives to KPI &
Diagnostics
URLS ARE TAGGED SO WE CAN TRACE ACTIVITY BACK TO EVERY PARAMETER OF THE CAMPAIGN.
THE BETTER WE TAG OUR URLS, THE MORE INFORMATION WE HAVE TO PROVE WHAT WORKED (AND DIDN’T)
What do you need to know:
1. What source did our visit/event come from? (social / .com / media / PR)
2. Was this Paid, Owned or Earned?
3. What creative (content) was used?
4. What campaign was this visit/event associated with?
5. How many leads did this campaign generate?
38
ogilvylondon.co.uk?utm_source=data&utm_medium=webinar&utm_campaign=whats_next&utm_term=taggins&utm_content=google_url_tag
ogilvylondon.co.uk?data_webinar_whats_next_taggins_google_url_tag
ogilvylondon.co.uk?123_ABC
Google
Adobe Analytics
Tag your KPI and Campaigns
OBSERVATION
Fact(s) demonstrated through data
points. Often used in multiples.
INSIGHT (JUST AS IMPORTANT HERE)
A mental judgment based on
observations, they cannot be
observed, they must be inferred
ACTION
The (strategic, creative, media,
audience) change you need to
make to improve your business
“Mums stay on the site
< 1minute but category
average is 3.42minutes”
“Only 0.25% of mums
use on site search”
“Online purchase
volumes is 29% lower
than goal”
“Mums can’t find what they’re
looking for so they leave”
Search button
“Move search to top of
page, allowing mums to
navigate to what they’re
looking for”
Require insights, not just observations
and do something with them.
Just having data isn’t valuable… You need to
be able to get meaning, by creating insights,
for it to become valuable
Have a purpose, using data for the sake of
using data can get creepy
Data doesn’t need to be hard, complex or
complicated
Knowing the impact of your work is good,
improving what you do because of what you
know is better
Remember ….
Questions?
Rob Blackie
Consultant
OgilvyRED
Leila Seith Hassan
Head of Analytics
OgilvyOne
Frank Duck
Data Strategy Director
Ogilvy

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What's Next: The Value of Data

  • 2. Hello! Rob Blackie Consultant OgilvyRED Leila Seith Hassan Head of Analytics OgilvyOne Frank Duck Data Strategy Director Ogilvy
  • 3. What’s the weather like in your city? Tell us where you’re dialling in from!
  • 4. Want this deck? It will be available for download shortly after the webinar on: slideshare.net/socialogilvy Ogilvy staff: It’s also on The Market! themarket.ogilvy.com Are you on the go? You can join our webinars on mobile, too! Download the GoToWebinar app from the App Store or Google Play
  • 5. Housekeeping news! More people are joining our webinars than ever before! So from next week, we will be using zoom.us instead of GoToWebinar to give you a better overall experience. It's a similar set up, but better quality - and you can still ask questions and participate in polls. You may need to download the app, but only once. Just follow your registration link to the session as usual. We look forward to seeing you next week!
  • 7. “The world’s most valuable resource is no longer oil, but data” The Economist, 2017
  • 8. NUMBER OF INTERACTIONS, PER PERSON, PER DAY Big Data “AI”
  • 9. “80% of data is “dark and untouched” SAS, 2017
  • 10. But when it comes to data, don’t just do it. Do it with purpose
  • 11. Insight Journeys Experiences Performance What’s its purpose
  • 12. Fluid Trustworthy Safe Welcoming Adaptable Humanised Legal But also needs to be…
  • 14. “Data doesn’t create meaning, we do” Susan Etlinger
  • 15. Insight is not Data in isolation An Observation - This is merely a Fact A Consumer Need State Uncover the overt OUTCOME or required ACTION Ask the WHY look for the MOTIVATION WHAT is the Driver? An Insight is not:
  • 16. A previously unknown human truth A new view of the world, breaking existing conventions and challenging the status quo An observation of a consumer behaviour that jolts us to see them from a new perspective Uncovering the underlying motivations that drive a given consumer behaviour At Ogilvy we define an Insight as… 1 2 3 4
  • 17. It elicits an emotional connection with your consumers A new view of the world, breaking existing conventions and challenging the status quo Unlocks a new audience to drive customer acquisition and sales growth It uncovers the underlying motivations that drive a given consumer behaviour Provides a clear statement of what to do next for your customers A powerful platform for creative ideation You have uncovered a valuable insight if… 1 2 3 4 5 6
  • 18. One Data driven insight in practise: 3 Guiding Principles 1. 2. 3. Define a business objective OR a Hypothesis Data Source Assessment: Availability, Relevancy, Depth Define the Data Output
  • 19. Who are my most valuable customers? How can I re-engage a dormant segment of my database? What are the emerging cultural trends influencing consumer behaviour in my category? What is the optimum contact strategy for driving incremental revenue from existing customers? How do we drive customer acquisition, is there untapped audience segment? 1. A clear set of objectives or hypotheses
  • 21. Customer Personas Customer & Market Segmentation The CFM profiler !The CFM profiler ! Customer Database Audit: Understand your customers Measurement Framework! Measurement & Evaluation Dashboards Data Modelling: RFM, Propensity, Churn, Acquisition 360 Experience Mapping Strategy development: Contact, Media, Datacapture, Experience Human insights to feed Creative Ideation 3. Data outputs
  • 24. Using data to drive experiences, personalisation and, relationships
  • 25. An old saying “ “ It’s more important to reach the people that count than to count the people you reach
  • 26. Today this might translate to… Relevant communications deliver enhances personal customer experiences
  • 27. Yet still too many companies have a default Delivering mass market communications across channels with little thought of how the target audience respond, feel or experience
  • 28. ( )RELEVANCE +TIMELINESS+LOCATION VALUE = TRUST LOSS OF PRIVACY We need to be personal
  • 29. • ROI • KPI • Insight Prioritise Personalise Precision • Potential Value • ROI • Risk • Segment • Interest • Location • Attitudes • Optimise Channel • Channel Preference • Optimise Journey • Timing Performance The 3 Ps
  • 31. INSERT THE BATTERSEA DOGS HOME DIFFERENT USE OF DATA
  • 32. 32
  • 34. • Start small, think big and, evolve • Define your objectives • KPIs, diagnostics and apples • Insights vs. Observations • Tagging 101 Where do you start?
  • 35. ▪ KPI and diagnostic metrics aligned to marketing objectives ▪ Benchmarks ▪ Qualitative explanations of x on y ▪ Bespoke metrics aligned to strategy ▪ Basic A/Bn testing ▪ Apple-to-apples comparisons across agencies / platforms ▪ Metrics by platform silo ▪ Standardised metrics in platforms • Explicitly tie back to business goals ▪ Scenario analysis; if x is switched off, what is the impact to the eco-system y? ▪ Test segments, test scenarios and test targeting L E V E L 1 L E V E L 2 L E V E L 3 “Measure something” “Strategic Measurement” “Advanced analytics: beyond measurement” Build over time
  • 36. Business: What does the business need to achieve? - Long term, complex measurement, longitudinal analysis - Larger goals, simplified statements Marketing: What does the marketing / communications activity need to achieve? - Audience and segment specific - Tactical in nature - What can we impact as part of the business goal Data and Measurement: What are you using data and analytics for? - What should the analyst being giving to the marketers to meet 1 and 2 above - What do I need to optimise my activity - What should I test 36 Define objectives 1 2 3
  • 37. KPI Diagnostic • Explicitly tied to objectives • Explicitly tied to the KPI • Demonstrates aggregate success / failure • Tells you why a KPI performed / underperformed • Set targets • No targets • Benchmark against historical & industry • No benchmarks KPI = FINITE, ONLY A FEW VS. DIAGNOSTICS = INFINITE AND MANY 37 Tie objectives to KPI & Diagnostics
  • 38. URLS ARE TAGGED SO WE CAN TRACE ACTIVITY BACK TO EVERY PARAMETER OF THE CAMPAIGN. THE BETTER WE TAG OUR URLS, THE MORE INFORMATION WE HAVE TO PROVE WHAT WORKED (AND DIDN’T) What do you need to know: 1. What source did our visit/event come from? (social / .com / media / PR) 2. Was this Paid, Owned or Earned? 3. What creative (content) was used? 4. What campaign was this visit/event associated with? 5. How many leads did this campaign generate? 38 ogilvylondon.co.uk?utm_source=data&utm_medium=webinar&utm_campaign=whats_next&utm_term=taggins&utm_content=google_url_tag ogilvylondon.co.uk?data_webinar_whats_next_taggins_google_url_tag ogilvylondon.co.uk?123_ABC Google Adobe Analytics Tag your KPI and Campaigns
  • 39. OBSERVATION Fact(s) demonstrated through data points. Often used in multiples. INSIGHT (JUST AS IMPORTANT HERE) A mental judgment based on observations, they cannot be observed, they must be inferred ACTION The (strategic, creative, media, audience) change you need to make to improve your business “Mums stay on the site < 1minute but category average is 3.42minutes” “Only 0.25% of mums use on site search” “Online purchase volumes is 29% lower than goal” “Mums can’t find what they’re looking for so they leave” Search button “Move search to top of page, allowing mums to navigate to what they’re looking for” Require insights, not just observations and do something with them.
  • 40. Just having data isn’t valuable… You need to be able to get meaning, by creating insights, for it to become valuable Have a purpose, using data for the sake of using data can get creepy Data doesn’t need to be hard, complex or complicated Knowing the impact of your work is good, improving what you do because of what you know is better Remember ….
  • 41. Questions? Rob Blackie Consultant OgilvyRED Leila Seith Hassan Head of Analytics OgilvyOne Frank Duck Data Strategy Director Ogilvy