1. akin arikan - marrying online and offline to increase revenues
TRANSCRIPT
Part IInteractive Marketing
And the contribution of online channels
Akin ArikanAkin [email protected]
Blog: MultichannelMetrics.com
© 2009 Unica Corporation
The ChallengeThe Challenge
© 2009 Unica Corporation
Where Did You Research vs. Purchase When You Purchase When You …
Research online: Very OftenPurchase online: SometimesPurchase online: Sometimes
© 2009 Unica Corporation3
Successful Customer Strategies require a Mix of Online and Offline InteractionsMix of Online and Offline Interactions
Attract
Engage &
G &
Engage &Persuade
Grow &Retain
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Online Becomes Even More Critical as Push-Marketing Gives Way to PullPush-Marketing Gives Way to Pull
Attract
Engage &
G &
Engage &Persuade
Grow &Retain
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SPOT Disease: SPOT Disease: SPending, Organizations, and Technology are not Aligned
© 2009 Unica Corporation
We Don’t Put our Money Where Our Mouse IsMouse Is
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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
OnlineMarketerMarketer
Direct Direct Marketer,
Y HYou are Here
© 2009 Unica Corporation
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
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
Expecting Online Integration, Analytics and PersonalizationAnalytics and Personalization
February 2009Channel in
Transformation: Vertical Market Trends in Direct
Mail 2009
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The Solution Is Already In Your The Solution Is Already In Your Hands
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Online Marketers Have a Treasure Chest But Direct Marketers Hold the KeyBut Direct Marketers Hold the Key
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What’s in that Treasure Chest?What’s in that Treasure Chest?
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#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
Two Uses of Web Analytics:Aggregate Aggregate …
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Two Uses of Web Analytics:Aggregate AND Individual LevelAggregate AND Individual-Level
Tap into visitor level detail
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Online Marketers Feel Overwhelmed by Individual Overwhelmed by Individual Level Data
But Direct Marketers Al d H th T l
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Already Have the Tools & Know-How Required
#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
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
How Can this Help Me Throughout How Can this Help Me Throughout the Customer Life Cycle?
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Acquisition and Online Media Optimization Optimization
SEMWeb Analytics
SEM
Ad Serving
Affiliate
Social Media
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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
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
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Time of opportunity
Cross-Channel Targeting: Collette VacationsCollette Vacations
Spain vacations on sale?
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Contact those who viewed travel to Spain!
Remarketing: g
from online from online account applicationaccount application
Results• 52% open rate, 5% click-thru
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• ~3.4% incremental conversion
Cross-Sales: eBayy
Onsite Personalization
Triggered by last search or recent purchase
ResultsResults• Dramatic improvements in
average CTR• Customers love it!
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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
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visits to online
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
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Customer is Presented with Retention OfferRetention Offer
Offers delivered on site, via SMS, or email,
Offer is targeted based on customer value and risk
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How Do We Get There?How Do We Get There?
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The Online Marketer’s View
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The Direct Marketer’s View
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Next: Part IIThe Growing Importance of
Online Marketingg
© 2009 Unica Corporation