DATA MONETISATION
DATA MONETISATION
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Podejście do Analityki
Potencjał Data Monetisation
Use Cases
Wyzwania
AGENDA
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SZYMON KALEMBA
Szymon is Customer AnalyticsManager in Accenture, +10 yearsexperience in Telco industryspecializing in advanced analyticsand in real time campaigning
OUR TEAM IS DELIVERING WIDE RANGE OF END-TO-END ANALYTICS PROJECTS
Analytics Operating Model
Analytics & BI Strategy
Analytics Architecture
Data Monetization
Campaign Management advisory
OPERATIONS ANALYTICS
BIG DATA
Hadoop
Real-Time Analytics
CUSTOMER ANALYTICS
Propensity & Churn ModellingSegmentationNext Best ActionCampaign Management
RISK & FRAUD ANALYTICS
Scoring Models
Risk Modelling Fraud & AML
Modelling
Model Management &
Governance
DATA MANAGEMENT, BI AND VISUAL ANALYTICS
Data Model Design
Data Warehousing & ETL
Business Intelligence
Data Governance
Visual Data Exploration
Dashboards & visualizations ANALYTICS ADVISORY
Procurement AnalyticsSpend AnalyticsSupply Chain AnalyticsHR Analytics
50 DATA SCIENTISTS SPEAKING 8 LANGUAGES,20% OF THOSE ARE PHD OR PHD CANDIDATES
WE DELIVER IN EUROPE AND REMOTE LOCATIONS DUE TO FLEXIBLE, COST EFFECTIVE WORK MODEL
PROVEN CAPABILITIES RANGING FROM BI AND REPORTING TO ADVANCED MATHEMATICAL MODELLING
ProductsWe engage in delivering customer
analytics projects for retail industries
TelecommunicationTelecoms are one of our core
industries where we are
engaged in multiple projects,
but we are working to extend
our offerings to other
Communication, Media and
Technology industries
Financial ServicesOur main area of experience is
banking sector, but currently we
are increasing cooperation with
Insurance industry in Poland
ResourcesWe have experience gained by
delivering several innovative
projects for natural resources
sector. We have also
participated in multiple energy
and utilities projects
Health and Public sectorOur competences in public sector
are growing thanks to several
projects we are delivering
WE ARE SUPPORTING ALL INDUSTRIES GROUPS
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Krótki wstęp
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Potencjał Data Monetisation
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Copyright © 2016 Accenture All rights reserved.
FROM INSIGHTS TO CAMPAIGN EXCELLENCE
DATA ANALYTICS ACTION PLAN EXECUTION
from Data to Insights from Insights to Plan from Plan to Execution
REPORTING AND MONITORING
Loyalty
Needs
Customerservice
Products
Consumption
Customer value
MarketingCommunication
Demographics Behaviour
Lifestyle
Value VaR VaR VaR VaR
VaR VaR VaR VaR
VaR VaR VaR VaR
VaR VaR VaR VaR
VaR VaR VaR VaR
VaR
VaR
VaR
VaR
VaR
VaR
VaR
VaR
VaR
VaR
VaR VaR VaR VaR VaR VaR
CH
UR
N
VALUE
High
Low
Low High
SMS, Mobile App
Call Center
WWW
POS
80% 10% 5%
Time to market 3-6 miesięcy
10% 40% 25%
Time to market 3-5 tygodni
5%25%
Copyright © 2016 Accenture All rights reserved.
• No communication personalization• Sending too many communications, often with misaligned content and often at
the wrong time
• Better customer targeting• Communicating depending on the context and customer's needs at the right time
for the client
Key challenges
Contextual customer-centric marketing
Campaign scale Misaligned content
Communication frequency
Lost sales opportunities
Lack of consumer satisfaction
Many product lines
Mass product-centricmarketing
Mass communicationDynamic and personalized dialogue
with Client
Customer
Centricity
Know the customer
PERSONALIZED DIALOGUE WITH CLIENT
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Potencjał Data Monetisation
Use Cases
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Copyright © 2016 Accenture All rights reserved.
DATA MONETIZATION -INTERNAL
Value from analytical activities oil companies example
Value Drivers Analytics Capabilities Impact Range
Segmentation AnalyticsCross-Sell / Up-Sell
Basket Analysis
Offers
Effectiveness
Brand Management
Sales Performance
Propensity Modelling
Product PortfolioOptimization
360 Degree View ofCustomer
Pricing Sensitivity Analytics
Procurement &Spend Analytics
InventoryOptimization
360 Degree
View of Station
360 Degree view of Customer
Churn/Retention Analytics
Campaign
Performance
Loyalty Behaviour
Asset Optimization
Revenue Growth
Customer Spend
Campaign Effectiveness
Category Management
Asset Maintenance
Customer Lifetime Value (CLV)
Price Optimization
CostReduction Supply Chain Optimization
Operations
IntangibleBenefits
Customer Loyalty
Customer Engagement
Sh
are
ho
lde
r va
lue
Social & Channel
Mix Analytics
Marketing Mix
Optimization
Predictive Asset Management
On-site StockManagement
Contract Compliance
Station Performance
People Capabilities
DevelopmentProductivity Improvement
Customer Satisfaction
and Retention
Customer Engagement
and Revenue increase
Productivity Increase
Reduction in Technology TCO
2-4% revenue increase
5-10%
1-2% revenue increase
2-5% revenue increase
2-4% gross margin uplift
5-8%decrease in
maintenance costs
3-10%improvement of
addressable costs
Illustrative
revenue increase
from campaign
Copyright © 2016 Accenture All rights reserved.
DATA MONETIZATION –EXTERNAL (BANKING)
0,2% Revenue Uplift
0,5% Revenue Uplift
1,3% Revenue Uplift
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Krótki wstęp
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Potencjał Data Monetisation
Use Cases
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AGENDA
Copyright © 2016 Accenture All rights reserved.
LOYALIZING OF HIGH CHURN RISK OPINION LEADERS
Event identification (SMS, Voice)
Relation tableIdentify social network communities
Contagious churn
Clients are not independent
electrons. Churn of a leader (most
influential person) can entail churn
of his friends, family members,
colleagues, etc.
-7M before end of agreement
Retention windowend of agreement +3M after the end of agreement
How to retain leaders?
How to identify churn leaders?
Analytical detection of churn leaders• High churn risk• High influence on
other clients with low churn risk
ISSUES• Solve all clients issues and complaints
HEALTH CHECK• Satisfaction survey• Check client preferences regarding mobile phone, SMS,
voice etc.
RETENTION OFFER• Best teams of consultants with dedicated negotiation levels • Customer’s account perspective not the SIM card itself
Calculate centrality measures and find churn leaders
30% churn reduction
CRMTelecommunication
Category
Industry
Standard approach
with Impact on community
Despite of churn model use the telecom client struggled with the increasing churn rate. Accenture helped to reduce the churn by detection of churn leaders and responding to their expectations.
Copyright © 2016 Accenture All rights reserved.
EXAMPLE INSIGHTS THAT LED US TO ACTIONS
We detected that clients poached by competitorX had significantly higher risk of churn.
The test conducted on three groups revealed thatHealth Check + Attractive Offer approach is moreeffective in terms of churn prevention (13%) thanonly Aggressive Offer approach (16%). The churnrate in control group was 18%.
We have presented those clients with moreaggressive marketing offer.
To prevent churn of opinion leaders we appliedthe Health Check + Attractive Offer approach.
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COMPETITOR X EFFECTIVENESS
APPROACH TYPE
CRMTelecommunication
Category
Industry
Copyright © 2016 Accenture All rights reserved.
EXAMPLE INSIGHTS THAT LED US TO ACTIONS
We offered attractive family offer to the churnleaders whose family members were in the samenetwork e.g. family packages of minutes, Internetetc.
3We discovered that contagious churn risk ishigher in smaller communities characterized bystrong relationships between members. Thesurvey results revealed that it concerns i.a..families.
We recommended the client not to introduce ajoint contract for the family members with oneexpiration date even though the product wasalready ready to sell.
4EXPIRATION DATE
When analysing the contagious churnphenomenon, we found out that the churn riskof two clients from the same community is 2xhigher for these with the same expiration datecompared to these with different expirationdates.
SMALL COMMUNITY
CRMTelecommunication
Category
Industry
Copyright © 2016 Accenture All rights reserved.
GEO MARKETING CAMPAIGN FOR MULTIPLEX CHAIN
CRMTelecommunication
Category
Industry
Build a system for the implementationof direct marketing campaigns basedon the couponing mechanism via SMSand MMS
SMS
MMS
Targeting criteria:
• Distance from Home Zone/Office Zoneto the closest client cinema andcompetition cinema
• Age and Gender
• Visits in competition localisations
Build a system Monitor resultsTarget customers
Definition of Home Zones and OfficeZones for Telco customers
The telecom client strived to monetize data by selling services to third-party clients. As a solution we delivered the system for SMS and MMS marketing campaigns and helped to shape campaigns.
3% hit rate
70% new clients among
the responders
Copyright © 2016 Accenture All rights reserved.
EXAMPLE INSIGHTS THAT LED US TO ACTIONS
We found out that the double tickets coupon hadsignificantly higher effectiveness than sinle ticketcoupon.
The MMS communication was significantly moreeffective than SMS.
We sent comunication only with double ticketscoupon. It not only increased the campaigneffectiveness but also lowered the client’s costs.
In the next campaigns we increased MMScommunications.
We launched more campaigns dedicated towomen. The campaign effectiveness increasedconsiderably.
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NUMBER OF TICKETS
COMMUNICATION TYPE
RESPONSE BY GENDER
When analysing campaign results we discoveredthat the women’s response to dedicatedcampaigns was higher compared to the men’sresponse. The men’s response was at the similarlevel regardless of the movie type.
CRMTelecommunication
Category
Industry
Copyright © 2016 Accenture All rights reserved.
CAMPAIGN PLATFORM FOR THIRD PARTIES COMPANIES
CRMBanking
Category
Industry
Bank built for its affiliated
Merchants an analytic frameworks
based on transaction data enabling
them to launch dedicated
campaigns targeted according
customers buying behaviours
Centralised service line with independent
leadership, decision making and
execution across segments and across
data insights product categories
Build a system ResultsOperating Model
Bank decided to monetize its transaction data by giving its affiliated Clients (Corporate Clients) to a segmented audience to promote co-branded offers
Life stage &
Lifestyle
Profitability
Behaviours
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Money savers
Married Profession
als
Core contributors
CENTRALISED
250 million monthly marketing impressions
5 million monthly responses “conversions”
E-mails Direct marketingWeb
% valid
customers
touch points
Response
rate
response
value
50 % 85 %35 %
2 / month 2 / month4 / month
1,2% 3,5%0,4%
20 $ 25 $10 $
60 million customers
Estimated revenue
$100-120M in monthly fees
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3
4
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Krótki wstęp
Podejście do Analityki
Potencjał Data Monetisation
Use Cases
Wyzwania
AGENDA
Copyright © 2016 Accenture All rights reserved.
CHALLENGES FOR BEING BIG IN DATA MONETIZATION
20
Privacy
& Opt In
Partnering for B2B &
Domain Expertise
Distribution
Model
Data
Relevance
DATA DRIVEN TRANSFORMATION IS CRUCIALFOR SUCCESS IN DATA MONETISATION
COMPLIANCE & AUDYTOWALNOŚĆ
MODEL OPERACYJNYUZASADNIENIE BIZNESOWE
(INICJATYWY)
$
BEZPIECZEŃSTWO DANYCH
MODEL DANYCH
OPERACJONALIZACJA ANALITYKI
(WNIOSKI I DECYZJE)
WIZJA I STRATEGIA TRANSFORMACJI
PRYWATNOŚĆ DANYCH
ARCHITEKTURA DANYCH
JAKOŚĆ DANYCH
DATA GOVERNANCE
NARZĘDZIA I PLATFORMY
POŁĄCZENIE DANYCH
KOMPETENCJE
MODEL BIZNESOWY