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12 October, 2015
12 October, 2015
Introduction
• Increased consumer connectivity has created new
opportunities for marketers, but many feel
overwhelmed by the quantity of data
312 October 2015
Introduction
• Increased consumer connectivity has created new
opportunities for marketers, but many feel
overwhelmed by the quantity of data
• 68% of marketers believe that marketing is more
stressful than it was five years ago
412 October 2015
Introduction
• Increased consumer connectivity has created new
opportunities for marketers, but many feel
overwhelmed by the quantity of data
• 68% of marketers believe that marketing is more
stressful than it was five years ago
• Unlocking these opportunities requires embracing
new skill sets in order to be successful in the
digital age
512 October 2015
About the survey
• More than 500 client-side marketers,
predominantly from the UK and US, and working
in a range of sectors
• Information about the online survey, including the
link, was emailed to Econsultancy’s user base and
promoted on social channels
612 October 2015
7
8
Pain points
12 October 2015 9
Top five challenges for marketers
• Working with IT
• No time for testing
• Creating a single customer view
• Lack of budget
• Too much data / complexity of data
1012 October 2015
KEY PAIN POINTS
12 October 2015 11
12 October 2015 12
54% believe that IT and web
development teams are a major
bottleneck
“IT are essentially a limited
resource with infinite
demand. What they do gets
prioritised. One way to ease
the pain is to ensure
requests have a really
compelling ROI case.”
Tim Watson, Email Marketing Consultant
and Founder, Zettasphere
12 October 2015 13
12 October 2015 14
47% worry that there is no time to test
and optimise campaigns
“A lack of time to test and
optimise is really a lack of
priorities. With testing it is
quality, not quantity, that
matters.”
Mark Patron, Consultant, Patron Direct
12 October 2015 15
12 October, 2015
Steven White Jenni Smith Julian Grant
Broad testing criteria lead to success
12 October 2015 17
42% say they’ve always wanted a
single customer view, but
haven’t been given the time,
budget or IT resource to build
one
12 October 2015 18
41% can’t keep track of customers
across different channels and on
different devices
“Even the big brands you’d
expect to have this nailed
find it a constant battle to
keep the path connected.”
Ian MacArthur, Director, Once We Were
12 October 2015
“Without competent tracking of
customers you are executing
your marketing activity
blindfolded.”
David Reilly, Digital Consulting
19
12 October, 2015
12 October 2015 21
41% say they don’t have enough
budget, or their budget is
decreasing
“Present to your CFO a clear
business case with a list of the
business benefits you expect to
realise, and how these will be
measured by whom and when.”
John Lowe, Principal Consultant, Momentum Digital
Transformation
12 October 2015
“I’ve never met a CEO or CFO
that can’t make budget available
when a robust business case
can be demonstrated.”
Tim Watson, Email Marketing Consultant and
Founder, Zettasphere
22
12 October 2015 23
40% are struggling with multiple data
sources
12 October 2015 24
40% have trouble defining attribution
and assessing the touch points
required to convert a customer
DATA CHALLENGES
12 October 2015 25
On a scale of 1-5, where 1 is a minor headache and 5 is
a serious migraine, how much of a pain are the
following data-related activities?
12 October 2015 26
Respondents: 138
EMAIL
12 October 2015 27
12 October 2015 28
53% of responding companies are
struggling to send out engaging
email campaigns quickly
Please indicate whether you agree or disagree with
the following statements.
12 October 2015 29
Respondents: 141
12 October, 2015
Cormac Folan, Digital Marketing Manager
at TM Lewin explains how he achieves
excellence in email by: “automating our
CRM and segmentation processes,
personalising our email marketing
campaigns in real-time [and] scaling those
campaigns at the click of a button
“Automation”
“Real-time”
“Scale”
12 October 2015 31
86% of marketers are able to
personalise email content to
individual customers, or aim to
be doing so
Please indicate whether you have the following
marketing capabilities.
12 October 2015 32
Respondents: 139
“Targeting of content is for
marketers just common sense,
and the whole industry is
moving towards more
behaviourally targeted content.”
12 October 2015 33
Tim Watson, Email Marketing Consultant and
Founder, Zettasphere
12 October, 2015
"You can absolutely personalise for users
who are not logged in," Ed Armitage
explains. "Rather than tailoring the
experience to people's purchase history,
you can still upsell and cross sell products
based on location, browsing behaviour
and a host of other factors.”
"Each method of recognising the
customer allows us to personalise using
additional data sets and more complex
algorithms. ” - Ed Armitage, eCommerce
Director
PERSONALISATION
AND
CONTEXTUALISATION
12 October 2015 35
12 October 2015 36
80% of responding companies agreed
that context is king when
communicating with customers
12 October 2015 37
30% of responding marketers say
they are blindly sending
messages regardless of profile
or location
Please indicate whether you agree or disagree with
the following statements.
12 October 2015 38
Respondents: 110
Peak Performance case study
Key achievements
of sales were generated by
product recommendations
increase in website clicks increase in Average
Order Value (AOV)
increase in AOV from sales
of products looked at and bought
in different browsing sessions
12 October, 2015
Recommendation engine:
If a female customer was browsing for ski jackets,
the website would recommend a pair of women’s ski
trousers that are more expensive than the last viewed
Key findings
• The biggest ‘pain points’ include
– IT teams presenting a bottleneck
– Lack of time for testing and optimisation
– Lack of budget
– Building a single customer view
– Managing data … including attribution and complexity
• Companies are least equipped in:-
– Personalisation
– Mobile marketing
– Improving the omnichannel customer experience
– Proximity marketing solutions
12 October 2015 40
12 October, 2015
12 October, 2015

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Marketers' Biggest Challenges - Econsultancy & SmartFocus Webinar

  • 3. Introduction • Increased consumer connectivity has created new opportunities for marketers, but many feel overwhelmed by the quantity of data 312 October 2015
  • 4. Introduction • Increased consumer connectivity has created new opportunities for marketers, but many feel overwhelmed by the quantity of data • 68% of marketers believe that marketing is more stressful than it was five years ago 412 October 2015
  • 5. Introduction • Increased consumer connectivity has created new opportunities for marketers, but many feel overwhelmed by the quantity of data • 68% of marketers believe that marketing is more stressful than it was five years ago • Unlocking these opportunities requires embracing new skill sets in order to be successful in the digital age 512 October 2015
  • 6. About the survey • More than 500 client-side marketers, predominantly from the UK and US, and working in a range of sectors • Information about the online survey, including the link, was emailed to Econsultancy’s user base and promoted on social channels 612 October 2015
  • 7. 7
  • 8. 8
  • 10. Top five challenges for marketers • Working with IT • No time for testing • Creating a single customer view • Lack of budget • Too much data / complexity of data 1012 October 2015
  • 11. KEY PAIN POINTS 12 October 2015 11
  • 12. 12 October 2015 12 54% believe that IT and web development teams are a major bottleneck
  • 13. “IT are essentially a limited resource with infinite demand. What they do gets prioritised. One way to ease the pain is to ensure requests have a really compelling ROI case.” Tim Watson, Email Marketing Consultant and Founder, Zettasphere 12 October 2015 13
  • 14. 12 October 2015 14 47% worry that there is no time to test and optimise campaigns
  • 15. “A lack of time to test and optimise is really a lack of priorities. With testing it is quality, not quantity, that matters.” Mark Patron, Consultant, Patron Direct 12 October 2015 15
  • 16. 12 October, 2015 Steven White Jenni Smith Julian Grant Broad testing criteria lead to success
  • 17. 12 October 2015 17 42% say they’ve always wanted a single customer view, but haven’t been given the time, budget or IT resource to build one
  • 18. 12 October 2015 18 41% can’t keep track of customers across different channels and on different devices
  • 19. “Even the big brands you’d expect to have this nailed find it a constant battle to keep the path connected.” Ian MacArthur, Director, Once We Were 12 October 2015 “Without competent tracking of customers you are executing your marketing activity blindfolded.” David Reilly, Digital Consulting 19
  • 21. 12 October 2015 21 41% say they don’t have enough budget, or their budget is decreasing
  • 22. “Present to your CFO a clear business case with a list of the business benefits you expect to realise, and how these will be measured by whom and when.” John Lowe, Principal Consultant, Momentum Digital Transformation 12 October 2015 “I’ve never met a CEO or CFO that can’t make budget available when a robust business case can be demonstrated.” Tim Watson, Email Marketing Consultant and Founder, Zettasphere 22
  • 23. 12 October 2015 23 40% are struggling with multiple data sources
  • 24. 12 October 2015 24 40% have trouble defining attribution and assessing the touch points required to convert a customer
  • 26. On a scale of 1-5, where 1 is a minor headache and 5 is a serious migraine, how much of a pain are the following data-related activities? 12 October 2015 26 Respondents: 138
  • 28. 12 October 2015 28 53% of responding companies are struggling to send out engaging email campaigns quickly
  • 29. Please indicate whether you agree or disagree with the following statements. 12 October 2015 29 Respondents: 141
  • 30. 12 October, 2015 Cormac Folan, Digital Marketing Manager at TM Lewin explains how he achieves excellence in email by: “automating our CRM and segmentation processes, personalising our email marketing campaigns in real-time [and] scaling those campaigns at the click of a button “Automation” “Real-time” “Scale”
  • 31. 12 October 2015 31 86% of marketers are able to personalise email content to individual customers, or aim to be doing so
  • 32. Please indicate whether you have the following marketing capabilities. 12 October 2015 32 Respondents: 139
  • 33. “Targeting of content is for marketers just common sense, and the whole industry is moving towards more behaviourally targeted content.” 12 October 2015 33 Tim Watson, Email Marketing Consultant and Founder, Zettasphere
  • 34. 12 October, 2015 "You can absolutely personalise for users who are not logged in," Ed Armitage explains. "Rather than tailoring the experience to people's purchase history, you can still upsell and cross sell products based on location, browsing behaviour and a host of other factors.” "Each method of recognising the customer allows us to personalise using additional data sets and more complex algorithms. ” - Ed Armitage, eCommerce Director
  • 36. 12 October 2015 36 80% of responding companies agreed that context is king when communicating with customers
  • 37. 12 October 2015 37 30% of responding marketers say they are blindly sending messages regardless of profile or location
  • 38. Please indicate whether you agree or disagree with the following statements. 12 October 2015 38 Respondents: 110
  • 39. Peak Performance case study Key achievements of sales were generated by product recommendations increase in website clicks increase in Average Order Value (AOV) increase in AOV from sales of products looked at and bought in different browsing sessions 12 October, 2015 Recommendation engine: If a female customer was browsing for ski jackets, the website would recommend a pair of women’s ski trousers that are more expensive than the last viewed
  • 40. Key findings • The biggest ‘pain points’ include – IT teams presenting a bottleneck – Lack of time for testing and optimisation – Lack of budget – Building a single customer view – Managing data … including attribution and complexity • Companies are least equipped in:- – Personalisation – Mobile marketing – Improving the omnichannel customer experience – Proximity marketing solutions 12 October 2015 40

Editor's Notes

  1. Question/Scale: On a scale of 1-5, where 1 is a minor headache and 5 is a serious migraine, how much of a pain are the following marketing challenges?
  2. Single customer view includes cross-device tracking Too much data includes attribution
  3. Regarded by many as a pain point and also a problem which has significant impact on the business. -) Shared KPIs between departments can help ensure everyone is working in the same direction -) Physical co-location can help to foster co-operation and break down silos -) Some organisations have development teams within marketing departments to reduce demand on IT -) Consider user-friendly marketing technology which does not require IT to make changes
  4. But lack of testing can undermine overall efficiency. 65% find the process of turning data into insight migraine-inducing, so testing can seem unappealing. -) Ingrained optimisation leads to improved ROI, better customer knowledge and faster advancement on the digital maturity curve -) Make testing a habit by building a testing and optimisation phase into projects before they have even begun
  5. Mobile by Sainsbury’s one of our customers who are doing test and learn best. Automated tests are ideal for maximum optimization while time-saving.
  6. Complex and time-consuming due to data from so many sources. -) Companies can become customer-centric without reaching perfection -) The key to success is being able to access and use the right data at the right time -) Even without knowing everything about a customer, companies can personalise the customer experience based on the information they do have
  7. More relevant personalisation offers a chance to differentiate from competitors. Gaps in knowledge on the customer journey means a missed opportunity to create a seamless customer experience. It is much cheaper to retain customers than to acquire new ones. -) Although effective customer data is a priority, the skills required to understand and utilise the data are equally important -) While the strategic focus on integration is a necessary start, the execution of cross-channel marketing does not yet match the vision for many organisations -) There is also a need to update skills, to ensure that ambition and capability match
  8. Refer to HoF feed without naming – and funky pigeon. Start with a ‘single marketing view’ rather than a single customer view. we work with clients that have multiple feeds going into their database; HoF for example is one of our larger clients that uses this solution…
  9. According to Econsultancy’s 2015 Marketing Budgets Report, 75% of companies agree they are focused on “delivering cohesive customer experiences rather than standalone campaigns or interactions”. Similarly 72% are focused on “breaking down internal silos to better co-ordinate and integrate marketing efforts”. https://econsultancy.com/reports/marketing-budgets/ -) Investment in digital marketing does continue to grow; 77% of marketers say their companies intend to increase budgets in 2015 -) Marketing teams must continue to monitor, measure and analyse everything they do and every channel they manage to reflect how integral they are to an organisation’s profitability
  10. Many companies are also struggling with moving data between systems, with various data sets confined to disparate systems. -) Define what data is to be drawn out and proceed accordingly -) As queries increase in complexity, so will the skill required to surface relevant information -) Ultimately, the management of large data sources is a job for technology A clear data strategy aligned to business objectives will facilitate better management of data and the extraction of better insights
  11. Many marketers are feeling the challenge of moving on from last-click, and struggle with how to define attribution and where to head no customer journeys are more complex. -) Connecting internal teams helps -) A consolidated data set is key, as are internal analytics skills to extract insights from the data coming out -) Building specific journeys for personas can help feed into attribution models and define touchpoints along these journeys -) Your attribution model must be appropriate for your organisation; it’s important to mature from a simple model
  12. Cross-channel personalisation about more than just profile, it’s about buyer cycle and where your customer fits into that. Something that Waterstones execute on exceptionally well. "If you log on from Manchester, you'll see the Manchester shop on the homepage, and if we know you like reading fiction, we’ll tell you about a fiction book signing in Manchester, rather than the generic events' banner," he explains.
  13. Focus on the improvements and then on the ‘adapting and improving’ line “We always seek to get to know our customers and their needs even better. Together with SmartFocus we explore the best path for us as a company to move within this fast growing market. We keep adapting and improving our recommendations and are witnessing very positive results that come from working with the market-leading products and services offered by SmartFocus.” Anna Abrahamsson, CRM Manager, Peak Performance