The Rise of Data-Driven Marketing Discover how brands and publishers are adopting a data-driven approach to their marketing. One that captures consistent audience data across web, social, mobile and partner channels and then integrates it with third party and behavioral data to deliver unparalleled audience insights and unbeatable campaign performance.
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
The Rise of Data-Driven Marketing
Discover how brands and publishers are adopting a data-driven approach to their marketing. One that captures consistent audience data across web, social, mobile and partner channels and then integrates it with third party and behavioral data to deliver unparalleled audience insights and unbeatable campaign performance.
Introduction
Today’s marketers have an array of digital capabilities at their fingertips that their predecessors could only dream of. From social media to big data to cloud computing, they can tailor messages in real-time to each individual consumer, deliver them more precisely—and save a ton of money.
But with such potent marketing weapons, why have so many companies failed to dramatically improve their brand recognition, Net Promoter Scores or sales? Is it that customers are already struggling with information overload? Or are marketers yet to realize the full potential of data gathered from first party, third party, behavioral and social data sources?
“The future of advertising is not about social, not about viral videos,
not about mobile, not about any new medium or any new ad unit—
but about data. Those who know what to do with this will be the
new kingmakers.”
Michael Andrew, Analytics Director, AKQA
Source: MediaPost, Death Of The Impression/Rise Of The Data Economy
1
Data Trumps Intuition
Sources: Data, Creativity and Making New 'Unicorns', Marketing Magazine. Lindsay, Stone & Briggs with CMO.com
In a world where many marketing decisions have
historically been judgement calls, data is challenging the
status quo of intuition and best guesses.
"If you are not an organization where data is
driving decisions then you are not even in
the game right now."
Bonin Bough, Chief Media and eCommerce Officer,
Mondelez
Many forward-thinking brands have started the journey by implementing
unified data platforms to collect, normalize and analyze the true potential
of their unexplored data assets, from programmatic media trading
desks to yield optimization platforms, from offer targeting engines to
user experience customization tools. In doing so, they are enabling the
automation of complex media buying, messaging, marketing and offer
management tactics. Which leads to marketing activity that performs
better, whether it’s paid, owned or earned.
of CMOs say their primary focus is
on how to operationalize the entire
company for speedier gathering,
interpretation and application of
data-driven insights.
95%
Big data isn’t about volume, it’s about context, speed and
scale. This is what will define marketing campaigns in
the future. Marketers will combine their own data (first
party) with data from other sources (third party) and
cross-reference it to provide more insights than they
could previously imagine.
Research by the GlobalDMA suggests that the biggest factors encouraging
marketers to capitalize on data are:
2
The New Digital Currency
53%
49% 20%
33%
to gain more knowledge
of customers and prospects
the need to become
more customer-centric
to maximize effectiveness/
efficiency of marketing
investments
to align with digital
customer preferences
Using EngageSciences, Stella Artois
implemented an immersive quiz profiling
participants through various visual questions
during the run-up to a number of high-
profile sponsored events. As a result, they
were able to fully engage consumers, amass
rich audience data and establish consumer
preferences for future marketing campaigns
and event sponsorships.
So what data yields the best insight? Unsurprisingly, what you learn directly
from your audiences provides the best opportunity to target consumers
more effectively. So data captured on your website via a form, the responses
to a multi-stage quiz on Facebook or through your mobile app represent the
“gold standard.” Then it’s a question of how you overlay this data with other
sources and analyze it to deliver game-changing insights.
For brands, extending first party data from web analytics and CRM to
social and multi-channel campaign interactions allows them to target
consumers more intelligently - based on location, age/sex, propensity
to buy, channel preference, recency of action, preference, behavior, etc.
For publishers, the use of first party data varies from brands, as they
typically collect more data from a wider audience, and can use this
enhanced data to build audience segments that offer their advertisers
more accurate and effective targeting options.
3
"In multi-national organizations, both internal
staff and a myriad of agencies use tools to build
marketing campaigns that provide customer
insight. But, this unsystematic data collection
rarely integrates data centrally. At Vodafone,
we’ve implemented EngageSciences across
20 markets to enable a consistent way to
launch experiences that collect audience data,
feeding directly into our DMP."
Dan Fellows
Senior Manager - Digital & Social Interactions, Vodafone
A recent Forbes study found that leaders in data-driven
marketing are more than six times more likely than laggards
to report achieving competitive advantage in increasing
profitability (45% vs. 7%).
Consumers n ow expect highly personalized, engaging experiences when
they interact with brands. Companies that can meet (or exceed) their
expectations with a digital dialogue—using data to provide outstanding
experiences—are winning.
45%
7%
vs.
Source: Forbes, Data Driven and Digitally Savvy, 2015
4
The Rise of the DMP
“A DMP is a very smart, very fast cookie warehouse with analytical firepower to
crunch, de-duplicate, and integrate your data with any technology platform you
desire. DMPs are designed to help both marketers and publishers make the data
they have actionable, and are the fundamental tool for any data strategy beyond
the elementary level.”
Ben Kneen, Ad Ops Insider
The new approach to centralizing and managing big data has been made possible by the
introduction of Data Management Platforms. Initially developed to improve the performance
of third party audience targeting in display advertising, they now enable the delivery of
relevant communications across multiple digital channels and devices.
The key is to make sure you use the optimal mix of rich, continuous data sources to profile audiences
and make informed and accurate decisions.
The proportion of organizations who plan to increase investment in data management platforms has
doubled in the last 12 months (from 15% to 30%).
Data comes in many forms and sources, with different structures and taxonomies. To extract maximum
value, it must first be aggregated, stored, cleaned and standardized. Which is where the DMP comes in.
30%
Sources: Econsultancy, Marketing Budgets 2015. Data Management Part 1: What Are DMPs?, Ad Ops Insider
5
So, What’s the Problem?
Particularly in large enterprises, it’s common for
different teams or business units to control their own
marketing budgets and campaigns. So it’s not unusual
to have forms on websites hosted through the CMS,
campaign microsites with standalone surveys built by
agencies, social apps on Facebook and YouTube, and
data captured through mobile apps.
More than 70% of CMOs feel they are underprepared to manage
the explosion of data and lack true insight.
With no central hub to capture, analyze and act on data, not only is it
harder for teams to share, but they also spend a great deal of time manually
collecting and processing data. Despite all the big data talk and the
increased prevalence of advanced data management techniques, many
companies are still relying on spreadsheets and standalone databases to
make sense of their disparate datasets.
The difference between good and great performance lies in simplifying the
capture of first party data and integrating it into central data repositories.
“Digital marketing has so many moving
parts you won’t be able to do it at scale
unless you automate.”
Jeff Bullas, Jeffbullas.com
70%
Sources: Forbes, The CEO/CMO Dilemma: So Much Data, So Little Impact.Econsultancy, The Role of DMPs in The Era of Data-Driven Advertising, 2015
Marketers are collecting first party marketing data across their website, mobile and social properties and
integrating CRM, third party and transactional data into centralized data repositories. This amalgamated
data is then normalized and segmented to precisely target audiences across a range of third party sites,
owned websites and other channels, such as email and mobile apps.
“Marketing as a whole is becoming data driven. Organizations must be able to collect data at high volumes across all
their digital properties and then use that data to grow revenues. EngageSciences provides us with a library of tools to
engage consumers across all our brands and consistently collect first party data.”
Deni Boncheva, Director of Digital Data, Bauer Media
A New Marketing Infrastructure
6
Email Marketing
Web Personalization
AdWords Targeting
3rd Party Data Buys
1st Party Ad Retargeting
Data Management Platform (DMP)
e.g. Oracle Marketing Cloud, Krux, Adobe Audience Manager
Storage
Normalization
Matching
Segmentation
Analytics/Decisions
Marketing Engagement
Platforme.g. EngageSciences
Single Sign-One.g. Gigya, Janrain,
LoginRadius
Websites/MicrositesPII Data captured through forms, e.g. emails, phone numbers, etc.
Social NetworksData captured via Facebook, Instagram, YouTube, Twitter, etc.
Mobile Apps Data captured in-app via forms
Digital Partner Channels Campaigns and forms hosted on websites and social channels
CRM Data
Transactional Data
Third Party Data
WebsiteObserved user behavior
Marketing Engagement Platform
EngageSciences can be used to create
and launch immersive marketing apps
and campaigns on websites, mobile and
social channels. Whether you’re using
sweepstakes, polls, contests, surveys,
voting, coupons, competitions or product
trials, this single platform systematically
captures and consolidates richly-profiled
consumer data in a consistent structure.
All captured data can then be integrated
in real time with a centralized data
management platform. So, personally
identifiable data such as email addresses,
can be directly linked to cookies,
delivering a more detailed picture of
customer journeys and purchase intent,
and more granular insights for improved
audience targeting.
Social Log-in
Platforms like Gigya, Janrain and
LoginRadius provide brands with
simple and secure registration
and social login tools to give their
customers a better way to connect.
The technologies recognize customers
across platforms and devices and
let them log in just once to access
multiple web properties, and get a
single audience view across devices.
The data captured is then organized
into unified profiles in a centralized,
cloud-hosted data schema. Marketers
can take this data and integrate into
a data management platform to map
behaviors and interests with identifiable
consumers for rich customer profiling
and onward targeting.
Data Management Platform
The embodiment of a big data
solution for multichannel advertising,
marketing, media and audience
activation. The data management
platform emerged a few years ago
as an ad hoc response to a basic
need: Publishers and marketers are
aggregating more data from more
sources than ever before. And in
order to realize the full value of that
information, they require a technology-
driven solution—a central hub—to
seamlessly (and rapidly) collect,
integrate, manage and activate large
volumes of data. Widely used DMPs
include Krux, Adobe Audience Manager
and Blue Kai/Oracle DMP.
7
Focusing on the marketing engagement piece of the data puzzle, platforms like EngageSciences have
been engineered for marketers to cost-effectively and quickly launch campaigns, promotions and
data-capture forms that maximize audience engagement, generate persuasive brand advocacy and
amass richly profiled audience data. It’s the best way to consistently capture identifiable first party data
through an array of digital channels.
of website visitors remain anonymous.
8
Marketing Engagement
98%
The Daily Mail Group uses the EngageSciences
platform to extend their media portfolio
beyond online ads and capture audience
data on behalf of their advertisers. The data
amassed across a number of titles is then
integrated into their data warehouse to
improve audience insight and dramatically
boost the performance of their advertising.
Source: Marketo, Unmask Inbound Visitors, 2015
9
Here are a few ways that marketers are collecting and
unlocking the true value in their audience data:
60%
Multi-channel data acquisition
Whether you want to run a quiz on your website, publish a
social hub to your YouTube page, run a sweepstake on
Facebook, a hashtag competition on Instagram and Twitter,
a voting contest in a mobile app, or launch a content
campaign across partner websites, with over 30 campaign
types to choose from, the EngageSciences platform has it
covered. What’s more, they provide a highly effective value
exchange for consumers to give you their data and
marketing opt-ins. And, with our step-by-step campaign
wizard, campaigns can be built and launched across
multiple digital channels in a matter of hours.
of marketers are going beyond the cookie and using
DMPs to optimize channels beyond display, including email,
SMS and mobile advertising.
Source: Econsultancy, The Role of DMPs in The Era of Data-Driven Advertising, 2015
10
Capture only the data you need
Capturing audience data has always been a core part of
the EngageSciences platform. The same drag-n-drop
functionality used in the campaign creation means
marketers can easily and quickly build data capture forms
using any combination of preconfigured or customized
fields. In addition, they can control all attributes of individual
form fields. For example, the date of birth field can be used
for age verification or used to target content based on age.
Distributed data ownership
Whether internal teams are deploying promotions to
Facebook or a brand’s agency roster are launching multi-
channel campaigns, a single solution can be used to
capture explicit and implicit audience data. This data
capture mechanic can be a core part of any campaign but,
if required, standalone forms can be created in the platform
and then embedded into any digital channel. In this way,
whatever the channel, network or device, consistent data is
captured and stored in a centralized environment.
11
Optimize your content strategy
The Conversations area of the platform enables marketers to
tag all of the posts they publish to their social profiles with
a taxonomy of their choice to measure how their content is
resonating with their audience. More importantly, they can
profile and target individuals and groups of consumers who
are connecting with a brand or are interacting and sharing
specific content.
Efficiency and cost savings
Being a single solution, EngageSciences avoids the need
for brands to adopt multiple data capture solutions and
also limits the requirement for agencies to build bespoke
solutions, where the data is too often held in disconnected
silos. Instead, one platform can be used for all your first party
data acquisition across web, social and mobile properties.
12
Data consistency
To ensure audience data is captured across your digital
channels, it’s essential to have a single method for capturing,
consolidating and integrating data. However, as we have
seen, brands have developed a variety of different methods
and technologies for collecting audience data. So, a
single brand might use Woofoo forms on their website,
surveys using SurveyMonkey, custom forms on microsites
developed by agencies, contest apps on mobile, and
Facebook sweepstakes created with a competition platform.
This means data remains in standalone data silos and
spreadsheets, which remain unused and don’t contribute to
improved audience insights and targeting.
By using EngageSciences to deploy campaigns across
networks, social channels and devices, all of the data is
captured with consistent mechanics and centralized in
a single environment. In this way, brands get a detailed
view of their audiences and how they are engaging across
multiple channels.
13
"At Scripps Networks Interactive, we put
the customer at the center of everything we
do. Our partnership with EngageSciences
has allowed us to securely collect customer
information in real-time and enabled us
to activate key audiences in a more timely
fashion. We have experienced an uptick in
response rates and customer engagement
as a result of timely communication and
marketing messages.”
Joshua Eldridge, Director, Business Intelligence, Scripps Networks
Gather the right opt-ins
For many brands, capturing opt-ins from their audience is essential to ensure permission for
long-term communications. However, for many marketers, capturing a single “Yes” or “No”
opt-in isn’t sufficient when there are many different levels at which a user can provide
permissions, i.e., can they opt-in at the brand level, at a group level (across multiple brands)
or to third parties? This is particularly important for our media and publishing customers who
will own a number of titles and run campaigns on behalf of advertisers.
14
Time-based Opt-ins
There are times when a brand will
choose to display different opt-ins
based on certain time-based factors.
For example, a publisher could run
competitions that are sponsored by
a different brand every day of the
week. By setting up the campaign
at the start of the week, the platform
will then look after which opt-ins to
display on any given day.
The EngageSciences platform
enables brands to capture more
detailed opt-ins, which ultimately
enable them to make their targeting
more accurate and stay within the
law. Brands can choose to create
multi opt-ins, i.e., opt-in to Brand 1,
opt-in to Brand 2, opt-in to Sponsor
1, opt-in to Sponsor 2, etc. In
addition, marketers can accompany
any field with a headline, byline,
accompanying image and caption.
Progressive Opt-ins
When audiences interact with a
promotion and provide an opt-
in, it helps to build trust by not
asking that individual for the
same data more than once. The
EngageSciences platform uses
filters stored in the user’s browser to
ensure previously selected opt-ins
are not displayed again. This can
be based around interactions with a
single campaign or it can be applied
to all campaign interactions.
Rich Marketing Opt-ins
A Variety of Opt-in Mechanics
15
UGC rights management
Many campaigns created through the EngageSciences
platform encourage consumers to create and share user
generated content (UGC). Brands can capture explicit
permission from the content originator to use their UGC
for marketing purposes. The EngageSciences rights
management solution automatically requests and tracks
permissions, keeping a fully auditable log of approvals.
Integrate ratings and reviews
Consumers are hugely influenced by their peers and
base their purchase decisions on the ratings and reviews
of people like them. By deploying ratings and review
mechanics within campaigns and apps delivered by the
EngageSciences platform, marketers can capture and publish
credible content, while acquiring more data-points around
audience perceptions and engagement with a brand.
16
Some of the global brands using the
EngageSciences platform across their
digital media portfolio run campaigns and
promotions that capture a massive volume of
audience data. Some campaigns achieve in
excess of 4,000 entries per minute and more
than a million per day.
Enable COPPA support
If you’re a US brand, you’re probably acutely aware of the
stringent requirements of COPPA. But, are you confident
that your current approach to sweepstakes and
competitions is fully compliant and will keep you clear
of litigation?
Smart marketers use the EngageSciences platform
to identify users who are under 13 and restrict and
subsequently block them from future campaign
participation. These COPPA-compliant campaigns also
feature Captcha integration, fast-track fraud detection and
automated participant export, so you’re fully covered.
Scale and security
The EngageSciences platform is built for the demands of
brands and publishers. The platform has been rigorously
tested by some of the world’s biggest brands and they
rely on it to handle millions of form submissions every
day and then integrate the data directly into their DMP
or data warehouses. Integration is made easy with
flexible APIs and a technical infrastructure that supports
massive scale and data volume capabilities.
17
Conclusion
To ensure they capitalize on the opportunity presented by first party data, brands must
deploy an array of campaign types to capture richly profiled, consistent consumer
insight. They then need to seamlessly integrate it with transactional, third party, CRM
and behavioral data within DMPs to accurately and efficiently target the most valuable
audience segments across a range of digital channels.
Build the right infrastructure for managing and optimizing cross-channel
customer experience management.
Unite the interests of advertisers, marketers, publishers and digital merchants
around distinct audiences.
Provide a method for assessing and substantiating the true value of advertising
and marketing.
1
2
3
About EngageSciencesThe EngageSciences marketing engagement platform
enables brands to dramatically boost brand engagement and
drive socially-referred commerce.
EngageSciences operates across 76 countries, working with
many of the largest and best loved brands in the world:
The Marketing Engagement Platform
engagesciences.com
@EngageSciences
18
Request a DemoIf you’re implementing a big data project
or you’re looking to acquire data across
a range of digital channels, book a
demo of the EngageSciences marketing
engagement platform:
See how you can capture actionable consumer data across your web channels, social networks and mobile devices, then use it to boost brand engagement, increase loyalty and drive commerce.
Take a look under the bonnet to find out how to create the ideal blend of social campaigns and user-generated content, and gain unparalleled customer insight.