1. akin arikan - marrying online and offline to increase revenues

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Part I Interactive Marketing And the contribution of online channels Akin Arikan Akin Arikan [email protected] Blog: MultichannelMetrics.com © 2009 Unica Corporation

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Page 1: 1. Akin Arikan - Marrying online and offline to increase revenues

Part IInteractive Marketing

And the contribution of online channels

Akin ArikanAkin [email protected]

Blog: MultichannelMetrics.com

© 2009 Unica Corporation

Page 2: 1. Akin Arikan - Marrying online and offline to increase revenues

The ChallengeThe Challenge

© 2009 Unica Corporation

Page 3: 1. Akin Arikan - Marrying online and offline to increase revenues

Where Did You Research vs. Purchase When You Purchase When You …

Research online: Very OftenPurchase online: SometimesPurchase online: Sometimes

© 2009 Unica Corporation3

Page 4: 1. Akin Arikan - Marrying online and offline to increase revenues

Successful Customer Strategies require a Mix of Online and Offline InteractionsMix of Online and Offline Interactions

Attract

Engage &

G &

Engage &Persuade

Grow &Retain

© 2009 Unica Corporation4

Page 5: 1. Akin Arikan - Marrying online and offline to increase revenues

Online Becomes Even More Critical as Push-Marketing Gives Way to PullPush-Marketing Gives Way to Pull

Attract

Engage &

G &

Engage &Persuade

Grow &Retain

© 2009 Unica Corporation5

Page 6: 1. Akin Arikan - Marrying online and offline to increase revenues

SPOT Disease: SPOT Disease: SPending, Organizations, and Technology are not Aligned

© 2009 Unica Corporation

Page 7: 1. Akin Arikan - Marrying online and offline to increase revenues

We Don’t Put our Money Where Our Mouse IsMouse Is

© 2009 Unica Corporation

Page 8: 1. Akin Arikan - Marrying online and offline to increase revenues

Direct Mail Spending: 3% Decline in 2008; Expecting 8% 9% Drop in 20092008; Expecting 8% - 9% Drop in 2009

February 2009Channel in

Transformation: Vertical Market Trends in Direct

Mail 2009

© 2009 Unica Corporation

Page 9: 1. Akin Arikan - Marrying online and offline to increase revenues

OnlineMarketerMarketer

Direct Direct Marketer,

Y HYou are Here

© 2009 Unica Corporation

Page 10: 1. Akin Arikan - Marrying online and offline to increase revenues

The Great Organizational Divide between Online + Offline Marketingbetween Online + Offline Marketing

Who in your organization is Is your online marketing aligned Who in your organization is responsible for online marketing?

Is your online marketing aligned with other channels?

NO YES

60% 40%2007

50% 50%2008

35%Marketing dept

35%I t t k ti 50% 50%2008

31% 69%2009 (estim)

35%Internet marketing

30%Other (IT, sales)

© 2009 Unica Corporation10

Source: Unica European Customer survey 08

Page 11: 1. Akin Arikan - Marrying online and offline to increase revenues

The Great Technical Divide from Silo’d Decision Logic Per ChannelSilo’d Decision Logic Per Channel

1. Not leveraging key signals & indicators from other channelsindicators from other channels

2. Inconsistent communication –different offers and logic

3 N t ffi i t d li ti3. Not efficient: duplicating infrastructure and processes

© 2009 Unica Corporation11

Page 12: 1. Akin Arikan - Marrying online and offline to increase revenues

Expecting Online Integration, Analytics and PersonalizationAnalytics and Personalization

February 2009Channel in

Transformation: Vertical Market Trends in Direct

Mail 2009

© 2009 Unica Corporation

Page 13: 1. Akin Arikan - Marrying online and offline to increase revenues

The Solution Is Already In Your The Solution Is Already In Your Hands

© 2009 Unica Corporation

Page 14: 1. Akin Arikan - Marrying online and offline to increase revenues

Online Marketers Have a Treasure Chest But Direct Marketers Hold the KeyBut Direct Marketers Hold the Key

© 2009 Unica Corporation

Page 15: 1. Akin Arikan - Marrying online and offline to increase revenues

What’s in that Treasure Chest?What’s in that Treasure Chest?

© 2009 Unica Corporation

Page 16: 1. Akin Arikan - Marrying online and offline to increase revenues

#1: Incredibly Rich BehavioralInsights from Click DataInsights from Click Data

Built on a solid financial foundation

since 1930

3.9% APR on Balance Transfers to a new

Platinum Card

Refinance your mortgage at amazing low rates

© 2009 Unica Corporation

Page 17: 1. Akin Arikan - Marrying online and offline to increase revenues

Two Uses of Web Analytics:Aggregate Aggregate …

© 2009 Unica Corporation

Page 18: 1. Akin Arikan - Marrying online and offline to increase revenues

Two Uses of Web Analytics:Aggregate AND Individual LevelAggregate AND Individual-Level

Tap into visitor level detail

© 2009 Unica Corporation

Page 19: 1. Akin Arikan - Marrying online and offline to increase revenues

Online Marketers Feel Overwhelmed by Individual Overwhelmed by Individual Level Data

But Direct Marketers Al d H th T l

© 2009 Unica Corporation

Already Have the Tools & Know-How Required

Page 20: 1. Akin Arikan - Marrying online and offline to increase revenues

#2: Cost Effective Medium for (Real Time) Personalization(Real-Time) Personalization

But only in the hands of those ut o y t e a ds o t osewho know how to use it well

© 2009 Unica Corporation

Page 21: 1. Akin Arikan - Marrying online and offline to increase revenues

Interactive Marketing Will Emerge As the Dominant Marketing DisciplineAs the Dominant Marketing Discipline

Engaging each customer and prospect in a cross-channel dialog that builds

th i t d t b h iupon their past and current Online & OfflineI b d & O tb d

behavior

© 2009 Unica Corporation

Inbound & Outbound

Page 22: 1. Akin Arikan - Marrying online and offline to increase revenues

How Can this Help Me Throughout How Can this Help Me Throughout the Customer Life Cycle?

© 2009 Unica Corporation

Page 23: 1. Akin Arikan - Marrying online and offline to increase revenues

Acquisition and Online Media Optimization Optimization

SEMWeb Analytics

SEM

Ad Serving

Affiliate

Social Media

Email

© 2009 Unica Corporation

Page 24: 1. Akin Arikan - Marrying online and offline to increase revenues

Anonymous Visitor Arriveson the Welcome Pageon the Welcome Page

Built on a solid financial foundation

since 1930 Target offers to- IP Address - Keywords- Referrers

3.9% APR on Balance Transfers to a new

Platinum Card

Refinance your mortgage at amazing

low rates

- and clicks

© 2009 Unica Corporation

low rates

Page 25: 1. Akin Arikan - Marrying online and offline to increase revenues

Conversion: Car Manufacturers

Profile Interests• Which products: Convertible• Which products: Convertible• Options: Yellow, Fully Loaded

Score Propensities• Where in funnel: Close to buy• Propensity to buy from us: Quite high• Estimated value: HighEstimated value: High

Time of

© 2009 Unica Corporation

Time of opportunity

Page 26: 1. Akin Arikan - Marrying online and offline to increase revenues

Cross-Channel Targeting: Collette VacationsCollette Vacations

Spain vacations on sale?

© 2009 Unica Corporation

Contact those who viewed travel to Spain!

Page 27: 1. Akin Arikan - Marrying online and offline to increase revenues

Remarketing: g

from online from online account applicationaccount application

Results• 52% open rate, 5% click-thru

© 2009 Unica Corporation27

• ~3.4% incremental conversion

Page 28: 1. Akin Arikan - Marrying online and offline to increase revenues

Cross-Sales: eBayy

Onsite Personalization

Triggered by last search or recent purchase

ResultsResults• Dramatic improvements in

average CTR• Customers love it!

© 2009 Unica Corporation

Page 29: 1. Akin Arikan - Marrying online and offline to increase revenues

Cross-Sales: Options Tradingp g

Comes to web site oftenf t k t difor stock trading

X times today, viewed info on options trading

Trading is trending down and also no

© 2009 Unica Corporation

visits to online

Page 30: 1. Akin Arikan - Marrying online and offline to increase revenues

Retention: Wireless Carriers

Key Web Events

Contact Us Details

Store Locator

Promotion Response

Browse Phones

Review Rate Plans

Read FAQ for Free IN-Network Calling

Review International Plan

Review Number Portability

© 2009 Unica Corporation

Page 31: 1. Akin Arikan - Marrying online and offline to increase revenues

Customer is Presented with Retention OfferRetention Offer

Offers delivered on site, via SMS, or email,

Offer is targeted based on customer value and risk

© 2009 Unica Corporation

Page 32: 1. Akin Arikan - Marrying online and offline to increase revenues

How Do We Get There?How Do We Get There?

© 2009 Unica Corporation

Page 33: 1. Akin Arikan - Marrying online and offline to increase revenues

The Online Marketer’s View

© 2009 Unica Corporation

Page 34: 1. Akin Arikan - Marrying online and offline to increase revenues

The Direct Marketer’s View

© 2009 Unica Corporation

Page 35: 1. Akin Arikan - Marrying online and offline to increase revenues

Next: Part IIThe Growing Importance of

Online Marketingg

© 2009 Unica Corporation