the new marketing imperative

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The New Marketing Imperative: Consistent Messaging at Every Interaction

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Page 1: The New Marketing Imperative

The New Marketing Imperative:Consistent Messaging at Every Interaction

Page 2: The New Marketing Imperative

Provocative Insights

Page 3: The New Marketing Imperative

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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4 © 2016 IBM Corporation

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

Page 5: The New Marketing Imperative

5 © 2016 IBM Corporation

Insight #1

Industry convergence will increase the number of “Predators” and “Prey”

Page 6: The New Marketing Imperative

6 © 2016 IBM Corporation

Companies and brands will disappear and cease to exist because they don’t know how to reinvent themselves.

Insight #2

Page 7: The New Marketing Imperative

7 © 2016 IBM Corporation

CMO’s can no longer “do it by themselves”.

Insight #3

Page 8: The New Marketing Imperative

8 © 2016 IBM Corporation

The position of CMO will be replaced/renamed…CXO.

Insight #4

Page 9: The New Marketing Imperative

9 © 2016 IBM Corporation

Consumers will become your “quasi employee”.

Insight #5

Page 10: The New Marketing Imperative

10 © 2016 IBM Corporation

Learn to “let go” of decision making.

Insight #6

Page 11: The New Marketing Imperative

Building Blocks for Success

Page 12: The New Marketing Imperative

12 © 2016 IBM Corporation

It’s about creating a virtuous cycle

Page 13: The New Marketing Imperative

13 © 2016 IBM Corporation

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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

Page 15: The New Marketing Imperative

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

&

Page 16: The New Marketing Imperative

16 © 2016 IBM Corporation

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

Page 17: The New Marketing Imperative

17 © 2016 IBM Corporation

Make it actionable and automated

vs.of marketers say they have a contextual understanding of their customers. Only 38% of their customers agree80%

Page 18: The New Marketing Imperative

18 © 2016 IBM Corporation

Page 19: The New Marketing Imperative

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.

Page 20: The New Marketing Imperative

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

Page 21: The New Marketing Imperative

21 © 2016 IBM Corporation

Context is king.

Page 22: The New Marketing Imperative

22 © 2016 IBM Corporation

22

Marketing

should be

a dialogue

Page 23: The New Marketing Imperative

23 © 2016 IBM Corporation

Page 24: The New Marketing Imperative

24 © 2016 IBM Corporation

What just happened?

Page 25: The New Marketing Imperative

25 © 2016 IBM Corporation

Beware of analysis paralysis

Page 26: The New Marketing Imperative

26 © 2016 IBM Corporation

Create a culture of experimentation

Page 27: The New Marketing Imperative

27 © 2016 IBM Corporation

Plot a path to proficiency

Page 28: The New Marketing Imperative

The IBM Solution

Page 29: The New Marketing Imperative

29 © 2016 IBM Corporation

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

Page 30: The New Marketing Imperative

30 © 2016 IBM Corporation

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

Page 31: The New Marketing Imperative

31 © 2016 IBM Corporation

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

Page 32: The New Marketing Imperative

32 © 2016 IBM Corporation

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

© 2016 IBM Corporation

Page 33: The New Marketing Imperative

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

Page 34: The New Marketing Imperative

34 © 2016 IBM Corporation

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