logic driven magic
TRANSCRIPT
Importance of Creating Value
Exponential technology advances
Messaging has become fragmented
and short lived
Attention spans have drastically
reduced
Geo-targeted messages based
on what is assumed about you
Increasedcompetition
Real-time, mobile access to data. Notifications and ads are part of the information
Loss in the information monopoly and the shift
is towards two-way conversation
Experiencing it even before you
experience it
Thick Data is not Big Data
Thick Data
☺Quantitative and Qualitative data☺Can be analyzed with human brain
power and doesn’t need computational power
☺Delivers stories ☺Relies on human learning
7
Big Data
• Quantitative data with enormous data sets
• Delivers numbers • Relies on machine learning
Thick Data
8
Qualitative Quantitative
• Behavioral insights into everyday lives of consumers
• Relationship between them & the brand / competition
• Emotional
• Label, group and understand customer buying habits
• Engagement, retention, conversion & leads
• Rational
9
Objective: Bookings via web
Thick Data: Identified the WHY
Result: Over 6000 booking within 6 months of launch of the new website
HealthCare
ResultSix months after the changes were made, we saw a striking trend
Bounce Rate eCom Conversion Rate
+ 59 % + 109 %
Transactions
- 12 %
ResultComparing the performance of the campaign with a previous period
Session eshop eCom Conversion Rate
+ 44 % + 133 % + 62 %
Transactions
Thank You!Divya Ostwal • [email protected] • @divyaostwal