the new marketing imperative
TRANSCRIPT
The New Marketing Imperative:Consistent Messaging at Every Interaction
Provocative Insights
3 © 2016 IBM Corporation
There is a small group of leading innovators that financially outperform: Torchbearer CMOs
25%
25%
6%
Peer levelMarket
FollowersLeading
Innovators
25%42%33%
2% 4% 25%
*
Outperformers in revenue growth and profitability
Market perception of the enterprise
of CMOs are Leading Innovators
of Leading Innovatorsare Outperformers; thus
of the total CMO population are Torchbearer CMOs
Torchbearer CMOs*
* We refer to CMOs in enterprises that have been identified as Torchbearers as “Torchbearer CMOs”, and to CMOs in enterprises that have been identified as Market Followers as “Market Follower CMOs”.
*
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26%
The New vs the Old CMO
Focus of the marketing organization
more
82%
65%
Market Follower CMOs
Torchbearer CMOsAll CMOs 2015All CMOs 2013
18%
36%
47%
27%
more74%
Market Follower CMOs
Torchbearer CMOs
Customer Journey Mapping
Prepared for the Data Explosion
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Insight #1
Industry convergence will increase the number of “Predators” and “Prey”
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Companies and brands will disappear and cease to exist because they don’t know how to reinvent themselves.
Insight #2
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CMO’s can no longer “do it by themselves”.
Insight #3
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The position of CMO will be replaced/renamed…CXO.
Insight #4
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Consumers will become your “quasi employee”.
Insight #5
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Learn to “let go” of decision making.
Insight #6
Building Blocks for Success
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It’s about creating a virtuous cycle
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14 © 2016 IBM Corporation
“Data is the new soil.It’s the place where your customer relationships can grow. Generating business value from consumer data is about how you use data to create a fantastic experience for your customers. If you can help your customer get value from their own information they will reward you for that effort.” -David McCandless
15 © 2016 IBM Corporation
Remember demographic and transactional data are table stakes
Born in 1948 Grew up in England
Married twice Two children
Wealthy Winter holidays spent in the Alps
&
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WHO you’re talking to
WHAT they’ve told you
HOW they’ve responded
HOW they are interacting
WHY they are interacting
WHAT they’ve purchased
Base Customer Profile Data
Transactional Data
Explicit Preferences and Permissions
Contact & Response Data
Behavioral Data
Social Insights
Predictive Customer IntelligenceHOW will they act NEXT
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Make it actionable and automated
vs.of marketers say they have a contextual understanding of their customers. Only 38% of their customers agree80%
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19 © 2016 IBM Corporation
Orchestrate journeys, not campaigns
of customer interactions happen during multi-channel, multi-event journeys
56%You know me before I introduce myself. You know my next purchase timing and decision criteria.
You present relevant offers for me through personalized interactions.
You understand and can respond to all my interactions across all channels and touch points.
You create unique and exciting experiences that create emotional attachment to your product.
20 © 2016 IBM Corporation
20
of CMO’s say functional silos are a major challenge
to integrated marketing efforts
48%
Bridge silos across the organization
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Context is king.
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22
Marketing
should be
a dialogue
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What just happened?
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Beware of analysis paralysis
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Create a culture of experimentation
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Plot a path to proficiency
The IBM Solution
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Marketing Resource ManagementJourney Designer
Program & Project Mgmt
Marketing Performance Journey Analytics
Owned Real-Time Channels
Email SMS Apps CRM/SFA POS Web/CommerceCall CenterDirect Mail
Social Media/ Social Listening
Ad NetworksDSP/DMP
Digital and Mobile Engagement
Digital Messaging
Mobile/SMSEngagement
Marketing Automation (Build, Optimize & Engage)Campaign
ManagementContact
OptimizationReal-Time
PersonalizationEvent Pattern
Detection
Digital Analytics Web/Mobile
AnalyticsExperience
Management
Data Sources (EDW)MarketingData Mart
PredictiveAnalytics
Universal Behavioral Exchange
Data Exchange Data Gateways
Third Party Append Data for Real-time Personalization
IBM ModelingPredictive Customer
Intelligence
IBM Marketing Solutions Ecosystem
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Email Personalized Offers SMS Mobile
$
Collaboration
What is Campaign Management?Campaign Management is used to design, execute, measure, and analyze outbound direct marketing campaigns. It is capable of managing and measuring multi-channel campaigns while creating a central repository of offers and contact history.
CentralRepository
AccessibleData
Multi-ChannelCampaigns
Single UI
IBM Omni-Channel Marketing Overview
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EmailCentral repositoryMulti-Channel Contact strategy Mobile
What is Real-Time Personalization?A highly scalable real-time interaction management that can plug into any channel and personalize a user experience with behavioral data and response history.
PersonalizedOffer Messages
Customer Touchpoint Interactions
Data-DrivenPersonalization
@
Single UI
Industry-LeadingScalability
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Central repository
@
Data-Driven PersonalizationAccessible Data Contact strategy
What is Digital Messaging?Enables simultaneous access to multiple data sources located in various locations throughout the company. This provides the flexibility to leverage all available marketing data reducing required IT support.
Email MobileSMS
32
Social
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33 © 2016 IBM Corporation
@
Data-Driven Personalization Customer InteractionsAccessible Data
What is Operations and Optimization?The collaboration tools designed to scale your customer engagement initiatives across departments and territories while also facilitating a carefully curating a contact strategy.
Multi-UserCollaboration
$
OptimalContact Strategy
Distributed marketing
IBM Email
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Map to your
data – where it
lives
Common UI and offer
management for both
inbound and outbound
Industry leading
execution channels and data sources
Optimize on robust analytics
IBM is a market leader
Why Partner with IBM?
Learn more: ibm.com/marketing