marketing simulation: an overview
TRANSCRIPT
Marketing analytics are failing to prove the value of marketing
66% Unable to prove
the value quantitatively
92% increasingly
collect customer data
71% don’t use the
purchased analysis when
deciding
Source: The CMO Survey. Feb 2015 (link)
61% CMOs pressured
from CEO to prove value
An ine"ective clutter of tools and data is the problem we solve
3% 6%
52%
27%
3%
9%
We are not using any
1-4 5-10 11-20 21-30 31 or more
How many distinct toolsets does your organization use in support of data-driven
marketing or advertising today?1
1 Marke>ng Data Technology: CuBng Through the Complexity: A Winterberry Group White Paper. January 2015
DIGITAL, MOBILE & SOCIAL
MARKETING EFFECTIVENESS
CONSUMER RESEARCH
PRODUCT & COMPETITION
Concentric integrates tools and data through simulation
SIMULATION
MARKETING EFFECTIVENESS
DIGITAL, MOBILE & SOCIAL
CONSUMER RESEARCH
PRODUCT & COMPETITION
Simulation imitates the operation of a real-world process or system over time.
Concentric simulations replicate how markets evolve over time in response to the decisions marketers may make.
The key bene$t is having one application for all analysis
SIMULATION
FORECAST SALES by segment, competitor, and stage
FORECAST BRAND METRICS by segment, attribute, and stage
DESIGN MARKETING PLANS by segment, product, attribute, and stage
INFORM PROGRAMMATIC BUYING by segment, product, touchpoint, and stage
ATTRIBUTE ALL ACTIVITIES o%ine, online, in-store, and word-of-mouth
MARKETING EFFECTIVENESS
DIGITAL, MOBILE, & SOCIAL
CONSUMER RESEARCH
PRODUCT & COMPETITION
BEHAVIORAL ECONOMICS
NETWORK SCIENCE
MACHINE LEARNING
COMBINING METHODS IS OUR IP
AGENT-BASED MODELING
Creates a bottom-up simulation of a market
Models human decision- making in diverse settings
Enables analysis of consumer interactions
Searches through the space of parameters to calibrate the model
AWARENESS IS GROWING
Source: Greg Satell, Why Most Marketers Will Fail In The Era Of Big Data. Forbes. January 2014 (link)
THE SOLUTION IS USEFUL
Canal+ $nds the right message to promote a show
Fidelity considers competitive o%ine media for programmatic buys
Net&ix decides how much original content to produce
P$zer tests new drug launch strategies
Telecom Italia optimizes their branding strategy
Toyota chooses the launch strategy for a new vehicle
Unilever explores di"erent product portfolio con$gurations
AAA $nds new ways to grow insurance subscribers
CONCENTRIC IS ENDORSED
"Concentric is the only system that forecasts all metrics within a single model and allows a trade-o! analysis between multiple objectives.” - Massimiliano Spaziani Brunella, Branding, Corporate Identity, and Research, Telecom Italia
"Do you want to begin using future simulation tools now? Take a close look at Concentric. By bringing our teams' collective body of knowledge into one decision-making tool, we were able to test what-if scenarios our current econometric models simply don't address." - Bryan Schulz, Senior Research Manager, Toyota
“Our clients need more than insight. They demand that we turn insight into daily action. They require us to consider real-time and long-term consequences. Concentric helps us deliver on those needs with analytics that include individual and aggregate data, sales and brand metrics, and paid and earned media.” - Arnaud Parent, President, Havas Media Labs
WHETHER A SIMULATION NOVICE OR AN EXPERT, WE ARE
HERE TO HELP
LICENSING Work with our do-it-
yourself software
CONSULTING Engage us to deploy
simulation
SUPPORT Learn how to use the technology
DEVELOPMENT Adapt the software to
your needs
DOWNLOAD AND START SIMULATING LICENSING
$15K per market for 3 months to start,
$5K per month afterwards
OR
$60K annual seat license
ENGAGE US TO DEPLOY SIMULATION CONSULTING
We can be your resource to:
run the analysis,
map your internal processes,
transform your data to be simulation ready,
and organize work sessions
RELY ON US IN ANY WORK CYCLE
24/7
SUPPORT
Our support team is always ready to help on-board users on the software, help
set up simulations, or interpret results.
Whether it is organizing education seminars, sharing simulation results, or
writing white papers and case studies, we are here to help.