Customer Centricity for Media Companies NGDATA Webinar – June 10 th 2014
Nov 18, 2014
Customer Centricityfor Media CompaniesNGDATA Webinar – June 10th 2014
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New channels adopted by the Customer
Airplane Telephone Radio Television PC Internet iPod Facebook
Years until mass adoption
68 years
50 years
38 years
22 years
14 years
7 years 3 years 2 years
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New channels adopted by the Customer
0
We are here
Tablets
Smartphones
Personal Computers
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012e 2013e 2014e 2015e 2016e
Global Internet Device Sales
1,000,000,000
500,000,000
1,500,000,000
2,000,000,000
2,500,000,000
3,000,000,000
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The Value of Data
However, few companies have been able to implement
Source: Econsultancy, Digital Marketing Exchange
of those surveyed believe that "personalization is critical to our current and future success”
94%
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Connecting with the Customer
Preferences
Affinities
Context
Behavior
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Barriers to Customer Experience Management
regard IT roadblocks and lack of technology as barriers to adopting or improving personalization
Source: Econsultancy, Digital Marketing Exchange
No Solutions – No Automation – Manual Work – Low ROI
84%
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Customer Experience Customer spamming is doing more damage than good
Company& Customer
Activity
CustomerCRM
Systems
CustomerWeb & Mobile
Customer Channel Campaigns
CustomerService Desk
Social Data
Website &online apps
Mobile App Server
SMS
Broadcast
Offers
direct mail
ATM
web
Agent, IVR
mobile
chat
Relevance?Awareness?
Value?Timing?Clarity?
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I have a customer - what are the top 3 products he is likely to buy?
Answering the Tough Questions…
Which top hundred customers are likely to buy my product X today?
What is the best channel to connect with my customer, and when?
How can I turn around my most valuable potential churners?
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The Personalization Customer Experience“I have a customer – what does that customer value most?”
Customer Service Desk
CustomerWeb & Mobile
Customer Channel Campaigns
Social Data
Company &Customer Activity
CustomerCRM Systems
Mail SMS
Broadcast
Mobile AppServer
Customerwebsite &
online apps
direct mail
ATM
web
Agent, IVR
mobile
chat
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Towards a new architectureOne single customer view
Online
Mobile
Network
App Phone
Call Centre
CDR
Shop
POS
Personalization
Acquisition
Journey
ARPU / CLTV
Marketing
Advertising
Churn
Fraud
www
Mobile
Network
App Phone
Call Centre
Shop
POS
CDR
Personalization
Acquisition
Journey
ARPU / CLTV
Marketing
Advertising
Churn
Fraud
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Overcome “Analysis Paralysis”
Proactively Engage
with Customers
Cope with plethora of data
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Big DataReal TimeAnalytics
Traditional Analytic Systems
What will happen?What do I need to do?
What has happened?Why?
Large VolumesUnstructured & Structured Data
Real-Time SystemsBatch Systems
Sampled DataStructured Data
What is different?
“My traditional BI environment will give the answers tomorrow of yesterday’s problem”
- CIO Leading EU media group
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Lily Customer DNA - Value
• Bigger: Scale trumps Smarter and Better• Results Driven: Actionable DNA• “AND” not “OR”: Co-existing with DW/BI• Prescriptive: Trends better than Values• Big Data Governance• Continuous learning• Objective: Facts on everyone’s desk• Architecture: One Single View
Discover the Unknown Unknowns with a single view of your customers always available…
Analytics Transactions Strategic
Machine Learning
Bigger is Better
Current BI Solutions
Prescriptive
Customer DNAResults-Driven
Genius of “AND”
Maximize Architecture
Objectivity
Governance
Use Cases for Media
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Applied to Subscription-based BusinessesCustomer Lifetime Value (Inbound, Outbound, Risk)
• Acquisition
• Customer experience improvement
• Personalized content & service
• Brand & loyalty improvement
• Cross & upsell
• Targeted ads
• Customer-centric audience dashboards
Media Companies
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Examples:• Signal upcoming shows (match user profile and EPG)• Detect issues with services -> provide more guidance• Detect issues with apps -> adaptive more guidance• Detect a customer’s habits in using apps -> adaptive interfaceBenefits: • Improve Customer Experience / Branding• More visitors / viewers• More successful apps
Improve User ExperienceBy providing Personal Services to Customers
Smart Phone
Tele Sales
Online OnlineOnline Online
Socio-Demographic Transactional Engagement
Real-time
Single Customer View
Customer DNA
OnlineOnline
Personal Guidance
Smart Phone
Using The Single Customer View, the Customer DNA and detailed User Profiling, offer the Customer additional Services, such as Alerting, Suggestions and Customized Apps to improve User Experience.
Smart Phone
Smart Phone
Tele Sales
EPGApps VOD
Alerting & Messaging
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More effective:• Increased advertising revenues• Improved conversion ratios• Improve customer experience• More direct delivery of the right message on the right device
at the right timeMore efficient: • More campaigns with the same resources• Facilitate the creation of targeted campaigns• Reduced advertising costs• Reduce channel costs
Targeted AdvertisingUsing micro-segmentation and the segment of one
Smart Phone
Tele Sales
Online OnlineOnline Online
Socio-Demographic Transactional Engagement
Single Customer View
Customer DNA The RightAd
Real-time
Smart Phone
Smart Phone
Content
Smart Phone
Tele Sales
AdsLocation
OnlineOnline
Effective and Efficient Advertising Execution
Onsite Advertising & Real-Time-Bidding
Using The Single Customer View, the Customer DNA and Micro-Segmentation and Propensity to Buy Metrics, allow the media company to maximize his on-site publishing and RTB interactions in real-time
Sources also include location and ads – as the marketing actions may differ depending on where your are.
Smart Phone
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Improve Brand and LoyaltyBy providing Cross-channel Personalized Content
Benefits:• Improved brand experience• Increased interest and loyalty• More time spent on website• More visitors• Personalized newsletters• More successful apps
Using The Single Customer View, the Customer DNA and detailed User Profiling, allow the editor to present the right content to the right user, on the right device and at the right time. Online OnlineOnline Online
Socio-Demographic Transactional
Smart Phone
Tele Sales
Engagement
Single Customer View
Customer DNA The RightAd
Real-time
Smart Phone
Smart Phone
Content
Tele Sales
Location
OnlineOnline
Effective and Efficient Marketing Execution
Smart Phone
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Real time dashboards allow you:• to measure your audience’s true engagement• to measure how long they’re actively consuming your content• to identify what are the devices used• to determine the source of the visitorLily EnterpriseTM allows you: • to have this information available in real time• to drill down to the individual user• to have trending data available enabling more predictive
analytics
Customer-Centric Audience DashboardsBy aggregating Real-time Metrics
Online OnlineOnline Online
Socio-Demographic Transactional
Real-time
Single Customer View
Customer DNA
Smart Phone
Using The Single Customer View, the Customer DNA provide the editors a real time view on who is reading / watching specific content via real time dashboards.
Smart Phone
Tele Sales
Engagement
Smart Phone
Smart Phone
Content
Real Time Dashboards
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Broadcaster
DNA
Click Streams
Live AudienceDashboards
Cross-Brand of Publisher
Single View of Customer
Broadcaster
brand
Customer-Centric Audience DashboardsCross-publisher & -brands
Broadcaster
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Experience the Difference with Lily
Listen Bigger.
VO
LU
ME
Learn Faster.
SP
EED
Execute Smarter.
AN
SW
ER
S
Volumes of Data
Availability
Questions Answered
Start working with Lily to discover results from Day 1
Zettabytes
Exabytes
Petabytes
Terabytes
Gigabytes
Seconds
Minutes
Hours
Days
Weeks
Unknown Unknowns
Known Unknowns
Known Knowns
DW/BIDW/BIDW/BI
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