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Own Your Audience: How Successful Marketers Are Embracing Connection, Communication and Commerce
48

How Successful Marketers Are Embracing Connection, Communication and Commerce

Jan 22, 2017

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Page 1: How Successful Marketers Are Embracing Connection, Communication and Commerce

Own Your Audience:How Successful Marketers Are Embracing

Connection, Communication and Commerce

Page 2: How Successful Marketers Are Embracing Connection, Communication and Commerce

OverviewRelying on paid media is like building a house on rented land. Smart brands are using owned communication channels like push notifications, in-app messaging, and email to turn users from paid media into high-value, long-term customers.

• How the proper balance of advertising (paid) and direct (owned) marketing in your overall marketing mix leads to success

• How to enhance your paid and owned media and connect with individuals

• How communication automation reduces engagement friction and opens the door for rich dialog

• How to use Mobile Marketing Automation to increase retention rates, thus making paid acquisition programs more cost effective

Page 3: How Successful Marketers Are Embracing Connection, Communication and Commerce

Doug RobergeStrategic Services

Kahuna

Michael BeckerManaging Partner

mCordis

Today’s speakers

Page 4: How Successful Marketers Are Embracing Connection, Communication and Commerce

Housekeeping

• Webinar will be recorded and emailed out• Have a question during the webinar?

- Ask us via the comments box- Q&A time at end of webinar

• Let’s get social! Tweet us with #ownyouraudience- @Kahuna - @wearemcordis

Page 5: How Successful Marketers Are Embracing Connection, Communication and Commerce

The traditional view: market to an audience

Aspirational/Actual

Consumer

Segments & Personas

Page 6: How Successful Marketers Are Embracing Connection, Communication and Commerce

All kinds of marketing to make this happen

Account-based Marketing

Cloud Marketing Expeditionary Marketing Mobile Marketing Pull Marketing Undercover Marketing

Affiliate Marketing Communal Marketing Facebook Marketing Multichannel Marketing Push Marketing User-generated Marketing

Affinity Marketing Community Marketing Field Marketing Multi-level Marketing Real-time Marketing Vertical MarketingAgricultural Marketing Computational Marketing Flanking Marketing Neuromarketing Referral Marketing Viral MarketingAlliance Marketing Consumer-Generated Marketing Geomarketing Newsletter Marketing Relationship

MarketingWeb Marketing

Ambush Marketing Content Marketing Global Marketing Next-Best-Action Marketing

Remarketing Word-of-mouth Marketing

Analytical Marketing Contextual Marketing Green Marketing Niche Marketing Reply Marketing Youth MarketingArticle Marketing Conversion Rate Marketing Guerrilla Marketing Non-traditional Marketing Reverse Marketing …B2B Marketing Cooperative Marketing Horizontal Marketing Offensive Marketing Scientific MarketingB2C Marketing Corporate Marketing Inbound Marketing Offline Marketing Search MarketingB2P Marketing Cross-Media Marketing Industrial Marketing One-to-one Marketing Self MarketingBehavioral Marketing Database Marketing Influencer Marketing Outbound Marketing Services MarketingBlackhat Marketing Defensive Marketing Informational Marketing Outdoor Marketing Shopper MarketingBrand Marketing Direct Marketing In-game Marketing Pay-per-click Marketing Shotgun MarketingBrick and Mortar Marketing

Direct Mail Marketing Integrated Marketing Performance Marketing Social Marketing

Buzz Marketing Disruptive Marketing Interactive Marketing Permission Marketing Sports MarketingCall Center Marketing Diversity Marketing Internet Marketing Personalized Marketing Stealth MarketingCampus Marketing Drip Marketing Internal Marketing Persuasion Marketing Street MarketingCatalog Marketing Ecommerce Marketing International Marketing Point of Sale Marketing Targeted MarketingCause Marketing Email Marketing Left-brain Marketing Post Click Marketing Technical MarketingCelebrity Marketing Entrepreneurial Marketing Local Marketing Precision Marketing TelemarketingChannel Marketing Ethical Marketing Long Tail Marketing Product Marketing Time MarketingClose Range Marketing Evangelism Marketing Loyalty Marketing Promotional Marketing Trade Show

MarketingClosed Loop Marketing Event Marketing Megamarketing Proximity Marketing Traditional Marketing

Source: Marketing-Schools.org

Page 7: How Successful Marketers Are Embracing Connection, Communication and Commerce

There is really only two forms

PaidMedia and

Owned Media

Page 8: How Successful Marketers Are Embracing Connection, Communication and Commerce

Drive and engage the consumer along the path to purchase

Pre-tail

Retail

Post-tail

Purchase

Page 9: How Successful Marketers Are Embracing Connection, Communication and Commerce

>3%

Page 10: How Successful Marketers Are Embracing Connection, Communication and Commerce

RentedAudiences

OwnedAudiences

DMP SSP

RTB

Programmatic

DigitalShelves

Email

Social

Push

Signage

Leverage paid media to connect and build your customer base

Page 11: How Successful Marketers Are Embracing Connection, Communication and Commerce

RentedAudiences

OwnedAudiences

DMP SSP

RTB

DigitalShelves

Email In-app

Push

Packaging

Signage

Print

Leverage owned media to retain and monetize your audience

Use insights to inform your future paid media efforts

Page 12: How Successful Marketers Are Embracing Connection, Communication and Commerce

Paid Media Owned Media

ConnectionCommunication

Commerce

DMP SSP

RTB

Programmatic

DigitalShelves

Conn-ectivity

Email SMS

Social

Push

OTT

Packaging

Signage

Print

Page 13: How Successful Marketers Are Embracing Connection, Communication and Commerce

“If you wish to persuade me, you must think my thoughts, feel my feelings and speak my words.”CICERO 80BC

Page 14: How Successful Marketers Are Embracing Connection, Communication and Commerce

Original 1 to 1 modern marketer

14

Page 15: How Successful Marketers Are Embracing Connection, Communication and Commerce

Mass manufacturing makes industrial

powerhouses successful.

Ford, RCA, GE, Boeing, P&G, Sony

Age of Manufacturing

1900-1960

We can have any car we like, as long as its black

Source: Forrester Research, October 10, 2013 “Competitive Strategy In The Age Of The Customer”

Page 16: How Successful Marketers Are Embracing Connection, Communication and Commerce

We scaled businesses, but we lost personalization

Mass manufacturing makes industrial

powerhouses successful.

Ford, RCA, GE, Boeing, P&G, Sony

Global connections and transportation systems make distribution key.

Walmart, Toyota, UPS, Federal Express

Age of Distribution

Age of Manufacturing

1900-1960

1960-1990

Source: Forrester Research, October 10, 2013 “Competitive Strategy In The Age Of The Customer”

Page 17: How Successful Marketers Are Embracing Connection, Communication and Commerce

Mobile: We can be personal at scale

Mass manufacturing makes industrial

powerhouses successful.

Ford, RCA, GE, Boeing, P&G, Sony

Connected PCs and supply chains mean those who control information

flow dominate.

Amazon, Google, Facebook, Apple

Global connections and transportation systems make distribution key.

Walmart, Toyota, UPS, Federal Express

Age of Distribution

Age of Manufacturing

Age of Information

1900-1960

1960-1990

1990-2010

Source: Forrester Research, October 10, 2013 “Competitive Strategy In The Age Of The Customer”

Page 18: How Successful Marketers Are Embracing Connection, Communication and Commerce

Mobile: We can be personal at scale

Mass manufacturing makes industrial

powerhouses successful.

Ford, RCA, GE, Boeing, P&G, Sony

Connected PCs and supply chains mean those who control information

flow dominate.

Amazon, Google, Facebook, Apple

Global connections and transportation systems make distribution key.

Walmart, Toyota, UPS, Federal Express

Age of Distribution

Age of Manufacturing

Age of Information

1900-1960

1960-1990

1990-2010

Source: Forrester Research, October 10, 2013 “Competitive Strategy In The Age Of The Customer”

Page 19: How Successful Marketers Are Embracing Connection, Communication and Commerce

Mobile: We can be personal at scale

Mass manufacturing makes industrial

powerhouses successful.

Ford, RCA, GE, Boeing, P&G, Sony

Connected PCs and supply chains mean those who control information

flow dominate.

Amazon, Google, Facebook, Apple

Changed Consumer Behavior: Empowered buyers demand a new

level of individual recognition.

Uber, AirBNB, Target, Kahuna

Global connections and transportation systems make distribution key.

Walmart, Toyota, UPS, Federal Express

Age of Distribution

Age of Manufacturing

Age of Information

1900-1960

1960-1990

1990-2010

2010-???

Age of The Customer &

Measurement

Source: Forrester Research, October 10, 2013 “Competitive Strategy In The Age Of The Customer”

Page 20: How Successful Marketers Are Embracing Connection, Communication and Commerce

DEMOGRAPHICSHISTORIC DATABUYING CYCLETRIGGERSREACH AND INFLUENCEBEHAVIOURSADDRESABILITY

Page 21: How Successful Marketers Are Embracing Connection, Communication and Commerce

PAID OWNED

Page 22: How Successful Marketers Are Embracing Connection, Communication and Commerce

PAID OWNED

Source: Forrester Research

Page 23: How Successful Marketers Are Embracing Connection, Communication and Commerce

Balancing Paid and Owned Media

Awareness Consideration Purchase Adoption AdvocacyLoyalty Advocacy

Earned/SharedCommunication

Paid Campaigns <> Owned Media

Page 24: How Successful Marketers Are Embracing Connection, Communication and Commerce

24

Paid Channels: Display (and all its formats), search, out of home, retail . . .

Page 25: How Successful Marketers Are Embracing Connection, Communication and Commerce

Owned ChannelsGeneral Media(Print, POS, Vehicles, Web, Blogs…)

Spectrum of Communications

Page 26: How Successful Marketers Are Embracing Connection, Communication and Commerce

Balancing Paid and Owned Media

Awareness Consideration Purchase Adoption AdvocacyLoyalty Advocacy

Owned Communication

Earned/SharedCommunication

Paid Campaigns <> Owned Media

Page 27: How Successful Marketers Are Embracing Connection, Communication and Commerce

Importance of communication• For the individual:

• Utility (e.g. receive time sensitive information, express needs and gain support)

• Stay informed• Access to offers

• For the brand:• Service customers• Reduce churn/Increase retention• Increase engagement• Increase sales

Page 28: How Successful Marketers Are Embracing Connection, Communication and Commerce

By 2020 people will manage 85% of their relationships with a business

without talking to a human. - Gartner

Page 29: How Successful Marketers Are Embracing Connection, Communication and Commerce

Modern view: marketing to the individual

Cons

umer ShopperIndividual

People

Page 30: How Successful Marketers Are Embracing Connection, Communication and Commerce

Infer customer needs by their digital body language

Jessica Smith

Sunday, 9AMBEST TIME / DAY TO CONTACT

28 day agoDORMANT SINCE

Mar 20, 2014LAST USE

Jan 4, 2014FIRST USE

[email protected]

Lifetime value More about Jessica

User credentials

Jessica’s devicesJessica’s top activities

5TOTAL PURCH.

9TOTAL ITEMS

$1,927.00PURCHASE HISTORY

[email protected]

iPhoneiPadSafari on mobile

Galaxy s5Google Chrome on desktop

Added to cart

Purchased

Viewed

Black Gucci handbagLAST ITEM VIEWEDChanel SunglassesLAST ITEM PURCHASEDHandbagLAST CATEGORY VIEWEDAccessoriesLAST CATEGORY PURCHASEDNew YorkLOCATION

BEHAVIOR OVERVIEW

USER INFORMATION

Page 31: How Successful Marketers Are Embracing Connection, Communication and Commerce

Awareness Consideration Purchase Adoption AdvocacyLoyalty Advocacy

People’s Journey: Balancing Paid and Owned Media

Owned Communication

Earned/SharedCommunication

Owned Communication

5%

Paid Campaigns <> Owned Media

Page 32: How Successful Marketers Are Embracing Connection, Communication and Commerce

Awareness Consideration Purchase Adoption AdvocacyLoyalty Advocacy

Owned Communication

Earned/SharedCommunication

Owned Communication

5% |25%~125%

Paid Campaigns <> Owned Media

People’s Journey: Balancing Paid and Owned Media

Page 34: How Successful Marketers Are Embracing Connection, Communication and Commerce

Understand Engage OptimizeAutomate

It requires a new approach

The Four Interdependent Pillars of Effective Marketing

Page 35: How Successful Marketers Are Embracing Connection, Communication and Commerce

How to UnderstandCollect and refresh data from each channel your customer uses in real-time

Page 36: How Successful Marketers Are Embracing Connection, Communication and Commerce

How to EngageUse data to dynamically personalize communications

Listen & be prepared to respond

Page 37: How Successful Marketers Are Embracing Connection, Communication and Commerce

Personalized engagement drives better results for marketers

higher transaction rates than non-personalized emails (Forrester)

?x

Page 38: How Successful Marketers Are Embracing Connection, Communication and Commerce

Personalized engagement drives better results for marketers

higher transaction rates than non-personalized emails (Forrester)

6x

Page 39: How Successful Marketers Are Embracing Connection, Communication and Commerce

How to Automate Create an engagement scheme with rules and triggers to guide users through their unique customer journey

DAY 1

DAY 3DAY 4DAY 5DAY 7

DAY 14

New users → engaged users

One-time u

sers →

engaged

users do

rman

t → e

ngag

ed

user

s

DAY 1

DAY 3

DAY 5DAY 14

DAY 28

DAY 1

DAY 3

DAY 2

DAY 4DAY 5DAY 6DAY 7

Welcome Campaign

Feature spotlightRegistrati

on incentive

DYK Campaign

Content Discovery

Affinity-based offer

FOMOcampaign

Buy Single Issue

Personalized Content

VIP Exclusive

Engaged users → subscriber/purchaser

enga

ged

→ do

r man

t us

ers

App upgrade

campaign

CONVERSIONEVENTApp rating

campaign

Value prop

campaignFeature

Spotlight

Messaging Channels:

● Push● In-app● Email● Facebook

Campaign types:

● Lifecycle● Conversion● Adaptive (transactional)● One-time

Page 40: How Successful Marketers Are Embracing Connection, Communication and Commerce

How to OptimizeLet the machine take over to drive the best results

Best Channel

Best Timing

Best Device

Best Message

Kahuna

Page 41: How Successful Marketers Are Embracing Connection, Communication and Commerce

SeatGeek uses context to engage users in intelligent ways

Results: 32% uplift in conversions Location-based dynamic

deep linksHighlight unused

functionality for the right users

Personalized concert updated based on user

interest

HOW TO UNDERSTAND

Page 42: How Successful Marketers Are Embracing Connection, Communication and Commerce

Make it easy for users to complete the desired goal

Results: Drove 5x uplift in conversions

HOW TO ENGAGE

Page 43: How Successful Marketers Are Embracing Connection, Communication and Commerce

Yummly drives new user conversion with its automated onboarding program

add dietary preferences add favorite recipes add items to shopping list

Have mustard? Eating Gluten-free? Add your Taste Preferences in Yummly now to personalize your experience!

slide to view

You’re only a few Yums away from personalized recipe recommendations!

slide to view

“Recipe” for effective onboarding:

Did you know you can add recipe ingredients to your shopping list by tapping “Add to list” on the recipe?

slide to view

Results: Increased new user conversion by 13x

HOW TO AUTOMATE

Page 44: How Successful Marketers Are Embracing Connection, Communication and Commerce

Send conversion reminders at the perfect time for your customers

Results: $1.5+ million generated from one campaign

HOW TO OPTIMIZE

Add to cart Complete purchaseBrowse product

Don’t forget about the Navy Trench Coat in your shopping cart.

slide to view

Page 45: How Successful Marketers Are Embracing Connection, Communication and Commerce

Next Steps• Remember, you don’t need a mobile automation strategy; your marketing

strategy needs mobile automation• Understand

• Identify the needs of the customers you serve and map their journey • Engage

• Place the “connectivity keystone” -- establish a bridge between you’re paid and owned media, both digital and physical; accomplish this by coordinating triggered events, content, incentives and invitations to connect

• Get permission!

• Automate• Based on customer understanding, set your engagement scheme and have

campaigns triggered automatically • Use a platform that has best practices and safe guards baked in to protect the

customer experience (e.g., rate limiting, send time optimization) • Optimize

• Use the data at your disposal to make sure that each campaign is optimized to be delivered at the right time and with the best performing content.

Page 46: How Successful Marketers Are Embracing Connection, Communication and Commerce

Key Takeaways: A Checklist

Audit your preparedness for owned communications

Develop your strategy based on the pillars of successful messaging: understand, engage, automate, and optimize

Onboard new customers effectively to bridge the gap between paid and owned communications

Own your audience the first time; don’t pay over and over again for the same customers

Make sure you have the tools in place to react to your customers’ responses. Communication goes both ways -- don’t forget to listen!

Page 47: How Successful Marketers Are Embracing Connection, Communication and Commerce

Questions?