mma forum - why measurement is mission critical
DESCRIPTION
Reaching consumers today is increasingly a challenge given the decreased consumer response to traditional media and attribution challenges presented by the explosion in digital. The consumers are out there, they have needs and are ready to buy, but you just have to make sure you market to them where they are not where they used to be. However, measurement and optimization are essential in the world of mobile where relevance is key and taking a multi-channel view of that consumer is absolutely essential. This presentation focuses on the latest in omni-channel measurement and real-time, visitor based analytics. It also covers the increasing importance of optimization for your mobile sites and mobile apps and explain why testing and optimization are critical to your success in mobile. Learn how best of breed brands are sensibly unleashing the power of “big data analytics” to better understand the consumer’s digital footprint, drive higher engagement, increased relevance, and ultimately conversions in all of your digital channels.TRANSCRIPT
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Mobile Analytics: Why Measurement is Mission Critical
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Agenda
• Big Data – Big Problem or Big Buzz Word? • Data: Marketing’s Currency of Choice • Mobile: Playing a Role in this Trend
• Mobile Analytics • A Current State of Affairs • A Model for Success
• Q&A
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Mobile Helps Fuel the Explosion of “Big Data”
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Data emerges as marketing’s key currency
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Data explosion
2.8 million emails per second*
200 million tweets per day
90% of world’s data created in the past 2 yr
2,500,000,000,000,000,000 bytes are created daily (2.5 quintillion)
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Marketers understand that data is GOLD and they are investing heavily in tools to better harvest it!
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The Website remains the best source for generating data on customers but increasingly, the website means mobile sites, apps and landing pages too!
Leveraging “Big Data” to drive Customer Experience Management
• Complete Customer View
• Market at ‘Speed of Thought’
• Converting data into insights
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Deliver timely business insights
Real-time data access and availability
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Harnessing the Power of Real Time Analytics
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Market at ‘Speed of Thought’
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REAL TIME STREAMS: FUELING MARKETING PROCESSES
Seamlessly stream as-it-happens customer intelligence into all marketing & business applications to optimize your customer relationships: § Product recommendations &
promotions § eMail retargeting § Mobile site/app optimization § Display advertising § CRM & Call Center
Integration § Ad serving demand side
platforms § Marketing Automation § Fraud Detection § Site Hygiene and Monitoring
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“Webtrends Streams has helped us bring our data to life in a way not previously possible. Through engaging visualizations, our staff are now able to appreciate the global scale of our business in real time and we’re excited about the customer facing opportunities this unlocks.”
David N. Williams, Head of Customer Intelligence, ASOS
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“With Webtrends Streams™ we will be able to visualize real-time data and share it throughout our organization, enabling us to react swiftly to current news trends.” Richard Harte, Director of Strategic Planning & Analysis
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Mobile Measurement: A Paradigm for Success
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Mobile – Relevance is Everything!
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Mobile Measurement Disconnect • Less than one-third of global brands have developed a mobile strategy.
• Two-thirds have no real measurement or analytics in place.
• Data not being used to inform strategy or enhance mobile UIs. Analysts termed this a key impediment to success in this channel.
• Smartphone & tablet explosion and rapid growth of mobile data services only aggravating issue and creating a measurement “imperative.”
Sources: “Mobile Measurement is a Customer Intelligence Imperative” April 2011 Forrester Research
“How Mature is your Mobile Strategy?” October 2010 Forrester Research
@MobileNTRactv
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Mobile Measurement – The Silos
*mobile payment, NFC, and Email emerging
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VISITOR-LEVEL ANALYSIS SEGMENTATION
MULTI-CHANNEL ANALYTICS
ACTION SYSTEMS
MARKETING APPLICATIONS
PERSONALIZATION
Segmentation around
behaviors
Digital analytics:
commerce and marketing
Track and measure visitor
data: purchase & visit history
Push to CRM/email and target customers that showed interest
in certain products
Test & fine tune website making the
“call to action” standout
Analytics Strategic Plan
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Building a Mobile Measurement Strategy • Start early and involve ALL
stakeholders
• Find means to measure ALL mobile traffic/interactions – not just downloads or visits
• Build a measurement strategy that aligns your objectives to measurable activities
• Think about distribution and format for reporting
• Focus on critical measures and be able to assign $$ values to conversion activities
• Use performance data to improve programs and user experience
Usage Rate
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Mobile Measurement & Analytics - Resources
The MMA Primer on Mobile Analytics Mobile Marketing Update September 2012 Issued by the MMA Mobile Analytics Committee Co-Chairs: Mike Ricci, WebTrends and Anders Rosenquist, Ph.D., POSSIBLE
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PPT on Slideshare @
Michael Ricci, VP Digital & Solutions Marketing | @MobileNTRacTV [email protected]