advance marketing analytics
TRANSCRIPT
Why to Rethink marketing analytics?29%
of firms are good at turning data in to action
73%
of firms aspire to be data- driven
Source: Forrester’s Global Business Technographics Data and Analytics Survey,2015
Why to Rethink marketing analytics? – Traditional Solutions
Campaigns
CRM/Profile
Location
Social
ClickStream
Data Marts
ETL/ Stored Procedures
Data Warehouse
Segmentation and Churn Analysis
BI Tools
Marketing Offers
Does not Model
easily in to
RDBMS schema
New data
sources-Mobile,
Apps, network
Logs?
Limited
processing
power
Scaling is
Expensive and
cumbersome.
Manual Work.
Few automated
system feeds
Based on
Sample and
Limited data
Limited
processing
power
Loss in
Fidelity
Why to Rethink marketing analytics? …continued
• Gaining a competitive advantage requires operating in real-time across various customer touch points.
• Big data analytics enables businesses to leverage data driven, insightful, 360 degree view of customer to:• Develop customer profiles based on characteristics of individuals and segments.
• Execute targeted marketing campaigns with real time adjustments to maximize performance.
• Generate Accurate customer life time value scores.
• Big data analytics allows business to analyze customer behavior in real time to:• Identify customer behavior patterns for any anomalies in behavior.
• Fostering brand loyalty through clear understanding about customers.
• Real time tracking of customer journey in marketing funnel.
Why to Rethink marketing analytics? …continued
• Real time and Targeted cross selling and upselling offersReal time offer
management
• Real time Prediction of future behavior of customers to act upon before its too late
Real time Prediction of
future behavior
• Understand customer interaction through Omni channel touch points to generate useful insights
• Which channels primarily maintain brand awareness?
Brand Interaction
Benchmarking Existing
Marketing plans
Marketing investments
Ratio
Purchase Intent behavior
Increased ROI
• Reveal the ideal ratio of marketing investments to maximize sales.
• Mapping customer behavior with purchase to target right individual at right time
• Which channels are the primary drivers of current sales?
• Which channels can deliver incremental sales?
Journey to Advance Marketing Analytics
•Omni channel Customer interaction
•Purchase history
•Social media and web activity
•Customer behavior
Integrate and
Understand
•Customer affinity
•Conversion path
•Customer behavior
•Brand value
•Customer lifecycle
Analyze and Discover
•Customer segmentation
•Marketing channel attribution
•Real time offer management
•Business processes
•Decision making
Act and Optimize
Hadoop Ecosystem
Journey to Advance Marketing Analytics-High Level Path
Data Ingestion
Customer Profile
Statistical Modeling
Structured Data
Unstructured
Data
Semi Structured
Data
Customer segmentation
Marketing channel attribution
Offer management
Informed business decisions
Improved Business Processes
Cost optimization
ROI
Sample Customer 360 degree profile
Who are you?
Where are you?
What have you
purchased?
What product
you prefer?
Who do you know?
What can you afford?
What is your value
to business?
How/why have you contacted
us?
Continue to enrich profile
Continue to enrich profile
Journey to Advance Marketing Analytics- Solution Architecture
Customer Service Data
Demographic data
Customer interaction
Campaign Data
Sales Force Trouble Ticket data
Billing data
Orders data
Contact data
Contract Data
Product Quall Data
Survey
Social Media
Web Activity
Chat /email
interactions
Voice Call
Recordings
Textual
Correspondence
RDBMS
Semi Structured Data
Unstructured Data
HDFSData lake
Machine
Learning
Data
Ingestion
Data
Access
Data
Validation
Application layer
360 Degree
Customer profile
Real Time/Streaming Data
Real Time/Streaming Data
Reference Deployment Architecture
Ad hoc/on
Demand
Source
Streaming
Source
Batch source
Reference
Data
Spark Stream Processing
Data Pipe Line Long term Data
Warehouse
Advance
Analytics
Operational
Reporting
Data
Discovery
Business
intelligence
Machine
Learning(Spark ML)
Data Sources Data AccessData Processing, Storage & Analytics