Introducing The Digital Platform Marketer

Transcription

Introducing The Digital Platform Marketer1

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These trends and predictions are creatingthe “Platform Marketing” opportunityThe New England clam bake isa traditional method of cookingfoods, especially seafood suchas lobster, mussels, crabs,steamers, and quahogs. Theseafood is often supplementedby sausages, potatoes, onions,carrots, corn on the cob, etc Wikipedia3

The big trends – where this is all headingThe audience platform has become highly addressable and is reachingmassive scaleMarketers seeking growth and competitive advantage will now be “leaning in”hard on these platforms moving huge amounts of budgets from mass mediaand traditional direct marketingWe are already seeing marketers moving that budget at scale and seeing 2040% lift in yield – and we are just getting startedBut the challenge is that yesterday’s marketer does not have the skills andtools to really go beyond the haphazard “bag of tactics” and gimmicks toreally leverage the opportunity hereSo here is where The Platform Marketer comes in 4

Introducing The Platform MarketerThe Platform Marketer wears many hats and embodies thecollective competencies needed to successfully operate inthis world of addressability at scale5 Marketing technologist Audience platform expert Programmatic media buyer Addressability expert Consumer experience designer Consumer privacy & preference advocate Decision science P.H.D. Measurement and attribution expert Multi-channel program strategist Segment portfolio manager Chief Customer Economist

The Platform Marketer represents a dramatic shift from thetraditional marketing skills and competencies6The Traditional MarketerThe Platform MarketerThe big ideaBig DataMedia buys reliant on buying clout and scaleMedia buying driven through the tech stack andaudience platformsPrograms disconnected from the customerexperienceIntegrates consumer experience across media andchannels at segment and individual levelMarketing moves at the speed of humandecisionMarketing moves in real time through programmaticapproach to decisioning and execution

The Platform Marketer – The Segment Portfolio ManagerThe Platform Marketer is has a data-driven view of its customer segments andactively manages strategies and tactics through this portfolio7

The Platform Marketer – The Audience Platform ExpertThe Platform Marketer is a master of the ever evolving Audience Platform targetingand optimization capabilitiesContent & Context8Intent & BehaviorAnonymous IndividualIdentified Individual1st party cookieContextIntentBehaviorDevice IDCustomcontentGeolocation3rd partysegmentsProbabilistic IDAnonymouscookieName &email

The Platform Marketer – The Audience Platform ExpertThe Platform Marketer is a master of the ever evolving Audience Platform targetingand optimization capabilities9

The Platform Marketer – Programmatic Media BuyerProgrammatic Media Buyer:The Platform Marketer brings programmatic buying skills to the enterprise10

The Platform Marketer – Programmatic Media Buyer11DSPDMPProgrammatic Media Buyer:The Platform Marketer brings programmatic buying skills to the enterpriseLookalikeModelingOnline AudienceSegmentsCRMRe-TargetingDirect Match/Custom AudiencesMatch convertedconsumers toanonymous ID andcreate look-alikepredictive model toidentify “like”cookies/ placementopportunitiesthrough RTBIdentify highperforming onlineaudiencesegments (“autointenders”) andtarget theseanonymous usersthrough the DSPIdentify usersvisiting site(anonymous orauthenticated) andtarget customizedimpressions afterthey leave the siteMatch offline “topdeciles” to cookiesthrough third partymatch providersand target knownconsumers on a 11 level

The Platform Marketer – The Addressability ExpertPlatform marketers bring addressable data skills that facilitate the exchange ofidentity and data for personalization and relevance.This is a skill!The Platform Marketerknows he/she mustmaximize his addressablemarket through highcoverage of consumeridentifiers and knowledge inthe database12This requires masteryof consumeraddressability in thedatabase andconstant collaborationand leadership withtechnologyIt also requires deep consumerinsight and experience skills to designand implement the experiential “valueexchange” that incents consumers toprovide data (e.g, why should aidentify on a site with their facebooklog-in?)

What does it look like when it comes together?Lets use a retail example 1-800FlowersCustomerDatabaseDevelop high value customersegments: “Upcoming Anniversaries” “Win backs” “Frequent Purchasers”Create “Direct Match” modelsbased upon these customersegmentsWhen a “matched” customer views aDisplay Ad, the Remarketing Tag fires;segmenting the consumer into theappropriate Remarketing ListFor example this could be, “High ValueCustomer with an upcominganniversary”13

What does it look like when it comes together?Lets use a retail example The high value CustomerContinues Searching forAnniversary relatedqueriesBased upon 1-800 Flowers data, we know thecustomers: transaction history, order preferences,location, and key dates (ex: anniversary)Bids and Messaging can then be highly tailoredcreating unique Search experiences in addition toexpanding potential keyword portfolios14

What does it look like when it comes together?Lets use a retail example Segment Portfolio ManagerAudience Platform ExpertThe high value CustomerContinues Searching forAnniversary relatedqueriesAddressability ExpertBased upon 1-800 Flowers data, we know thecustomers: transaction history, order preferences,location, and key dates (ex: anniversary)Programmatic Media BuyerBids and Messaging can then be highly tailoredcreating unique Search experiences in addition toexpanding potential keyword portfolios15

THE WORLD OF THE PLATFORM MARKETER:Reaching an addressableaudience at scale.The Audience Platform Digital platforms thataggregate audiences for data-driven marketing 8BCustom audiencemedia spend in 2017 9BRTB media spend in 201716 Known individual level targetingreaches massive scale as the coreof the strategy Cross device targeting maturitywill accelerate 1st party audience expansion andextension creates massiveaddressable scale opportunity Search will be the next bigaddressable platform The info-mediary starts totake shape Digital media convergence Programmatic media buyingexplodes

The Tech Stack The Marketer’s data management, analytic,and decisioning platform that enables audience platform interactionsDecisioningOver 31Bof Mobile ad spendin 2017, representingover 50% of theoverall digitaladvertising market50% of allecommerce sites will besocially connected by 2015Ad Serving & TaggingData ManagementAttributionMatchingCRM PlatformThe Platform Process The newconnected processes for the Platform nceDeliveryThe Metrics The new metrics for the new world ofaddressability at scale17 Addressable targetaudience reach Knowledge attributecoverage in the database Audience identifiercoverage in the database % addressable interactions

The Adaptive Customer OrganizationThe analytic, technical, and creative competencies that form a highlyadaptive ce PlatformsInnovation & TestingMEASUREMENT& OPTIMIZATIONTECHNOLOGYEXPERIENCESTRATEGY& PLANNINGDesign & PlanningConsumer Preference& GovernancePortfolio ManagementSegment Leadership Product ManagementBrand Leadership18CXO ChiefExperience OfficerAttributionMarketing MixBusiness IntelligenceDecision ScienceMarketing StackPersonalizationConsumer DataCIO ChiefInformation Officer

The Platform Marketer has the skills and competenciesto take advantage of addressability at scale – but mustoperate within the Adaptive EnterpriseThe Adaptive Customer Enterpriserepresents the infrastructure,processes, and organization thatrapidly adapts to opportunities inthe ever-evolving world of theaddressable platform.The Platform marketer, thrives inthis environment that is purposebuilt for innovation, speed-tomarket, and data-driven execution.19

The Platform Marketer has the skills and competencies totake advantage of addressability at scale – but must operatewithin the Adaptive Enterprise20

Last year, we introduced the concept of the Digital MarketingValue Chain – this is the Platform Marketers sandboxDigitization of the end-to-end marketing data management, planning, andexecution value-chain drives real-time optimization at the individual level21IntegrationConnectedConsumer ViewDigital Marketing Value Chain

Billions in investment capital and marketer spend is pouringinto technologies – but is has been confusing andfragmentedDigital Media “LUMAscape”22

In the last 12-18 months, we have seen the most advanced marketersrationalizing all of this technology into a rationalized, unified stackAudiencePlatformsExecutionCurrenciesName & address3rd party cookie3rd party segmentContext1st party cookieDevice IDGeo-locationSocial ID / handleDecisioningPlatformsAd Serving &TaggingPlatformMarketerStackData tformsCRM Platforms23Marketing Customer Data Warehouse

CRM Data PlatformsAudiencePlatformsExecutionCurrenciesName & address3rd party cookie3rd party segmentContext1st party cookieDevice IDGeo-locationSocial ID / handleDecisioningPlatformsAd Serving &TaggingPlatformMarketerStackData ManagementPlatformsAttributionPlatformsCRM is still the root of where the value lives. Analysis andinsight on known consumer behavioral, attitudinal, and valuebased insights drives every decision upwards in the stack.The ability for the marketer to operationally and analyticallymake the connections to and from the CRM database into thedigital stack is the foundation for the Platform Marketer.MatchingPlatformsCRM Platforms24Marketing Customer Data Warehouse

The core of the platform is the connected view of theconsumerLife EventsDemographicsCall centerLTV Segment Consolidated view of the consumeracross all touchpointsSiteProductMeetings Allows clients to analyze theirprograms in context of the wholepicture Valuable insights on consumervalue, attitudes, and behaviorsDisplayMobile Attribution – provides foundationfor effective measurement Multi-media, multi-channeloptimization based on factsSocialPrintTV/VideoDM &EMSearch25

Connected CRM etailSiteCCSegmentationMeasurement & AttributionIntegrated attribution andtargeting accessible in real-timeTargeting & PersonalizationConsumer Event StreamAll offline media interactions mappedto the individual/HH level includingmedia research panel dataOffline MediaDatabaseDigital DataMgmt PlatformcRFoundational view of the prospect andcustomer including segmentation,contact history, and valueConnected Recognition (cR) links knownconsumers (and their value) to their media interactions inthe anonymous marketplace – mass and digitalCRM DatabaseFirst, Second and Third Party Data Sources26All anonymous and known digitalexposures keyed to a universaluser key (cookie level)

How does it come together – digital data integrationexampleSite Visit DateCookieID/DeviceJan 21ID 123/PCJan 21ID 123/PCJan 22ID 123/PCFeb 15ID 123/PCFeb 24ID 234/MobileBrowsingFeb 27ID 234/MobileBrowsing1. Track online andmobile user activity27Account IDOrder NumberKnown?03211231PurchaseReal-world IDJohn Smithjsmith@aol.comBuffalo, NYC97872. Link data basedon actionLogin3. Identify user

Online to offline linkage – Connected RecognitionOne individual gets a DM piece and passes to her spouse who then isbrowsing online, clicks a banner and submits the membership applicationProspect IDFirstLastAddressDM Key CodeCampaign IDDate123322777OwenMcCorry123 Main St.DM4234399912/15/2011CRMDatabasecRApp onenmccorry@gmail.comNancyMcCorry123 Main St.App IDIntegratedMedia1234AnonymousDatabase TimeEventSite/PageCreative9876512:30 PMPPC ImpressionGoogleA1987652:10 PMBanner ImpressionCNN.comB2987652:25Online EnrollmentThank YouBy integrating CRM and anonymous data, we can see the interaction effects across all media and howthey impact response 28UIDThis process can be done across all media including display, PPC, social, DM, print – any mediawhere we can tag or collect a name/address

The Consumer Event StreamDMDelivered2/1/2012Shown Display Ad2/2/12 3:05pmCalls 800#Requests Infoand gives email2/2/12 3:06 pmSent Email2/2/12 5:05pmOpens Email2/2/12 9:30 pmClicks BrandedPaid Search Ad2/6/12 9:00 pmCompletesquote requeston site2/6/212 9:15 pmUser Event TableUser ID29Date TimeEvent IDEvent Desc12342/1/2012DM437DM Delivered12342/2/2012 3:05 pmDI9076Display Impression12342/2/2012 3:06 pmCC068Inbound Call Center12342/2/2012 5:05 pmEM087Sent Email12342/2/2012 9:30 pmEM088Opened Email12342/2/2012 9:30 pmEM089Clicked Email12342/6/2012 9:00 pmPS674Clicks Paid Search12342/6/2012 9:15 pmQ8740Completes QuoteEvent Meta DataEvent ID EM088CreativeA2346 Insurance you cancount onOfferOI92365 14/Mth for 25KCoverageProductP978 Term Life

DMP and Attribution PlatformsAudiencePlatformsExecutionCurrenciesData management (DMP) and attribution platforms mustintegrate across online and offline channels and integrateseamlessly upwardand downwardinto the stack to flexiblyName & address3rd party cookie3rd party segmentContextbring together offline value/segmentation together with1st party cookieDevice IDGeo-locationdevelopmentof valuable onlineaudiences. Social ID / handleAttribution and DMP are not separate functions but should beDecisioningtreated as an integrated process.PlatformsAd Serving &TaggingPlatformMarketerStackData tformsCRM Platforms30Marketing Customer Data Warehouse

Granular attribution allow us to fractionally assign credit toeach touch point into event stream prior to conversion15%40%20%20%5%This scenario represents success in that the predicted customer value isrealized/confirmed and there is a strong program ROI. Next step is to “operationalize”this scenario for maximum impact.User Level AttributionProgram Level AttributionPredicted Customer LTD: ay-DSPSpend 10,000Impressions102,504,000Quotes320Policies45DM Delivered .35.15 300Display Impression .001.20 400Inbound Call Center Experience 10.25.40 800Cost Per Policy 222Sent Email .02.20 400Total Policy Value 45,000Paid Search Ad .03.05 100ROI350%

Targeting PlatformsAudiencePlatformsExecutionCurrenciesName & address3rd party cookie3rd party segmentContext1st party cookieDevice IDGeo-locationSocial ID / handleDecisioningPlatformsAd Serving &TaggingPlatformMarketerStackData ManagementPlatformsThetargeting platform is a cross-channel and media entity andAttribution incorporates site, display, video, mobile, addressable TV.PlatformsManagement and rationalization of multiple decisioning enginesand demand side platforms is a critical skill and must have anMatchingPlatformsintegrated view of the consumer at the center of the approach.CRM Platforms32Marketing Customer Data Warehouse

Measurement output also integrated into targetingalgorithmsModel-basedattribution eriencesCookieUser 234C76532DI9076.32Demand .25PublisherPublisherKeywordAttribution data10001011101010100111001110Anonymous DataSearch BidPlatformEngineEngine33Anonymous targetingEventID

Execution CurrenciesAudiencePlatformsExecutionCurrenciesName & address3rd party cookie3rd party segmentContext1st party cookieDevice IDGeo-locationSocial ID / handleDecisioningPlatforms“execution currencies” represent the level of granularityAd ServingThe&Tagging and the actual data transfer between the marketer platformsPlatformMarketerStackand audience platforms to enable targeting and optimization.have to be understood and integrated into the datamodel, analytics/attribution, and targeting vertically on anAttributionongoing basis.PlatformsData ManagementCurrenciesPlatformsMatchingPlatformsCRM Platforms34Marketing Customer Data Warehouse

Data exchange between the marketing stack and theaudience platforms take on different, evolving formsContent &ContextIntent &BehaviorPlacementKeywords3rd Party SegmentIntentLocation/Check inSocial ormsData In“Currencies”Data eadsGeoTechnographicsConversion ValueFreq & RecencySiteIndividual ImpressionsFull Site Path & EngagementLeads, Conversions, ValueInsightsEmail, Phone #Aggregate MatchRateConversionsVolume

Audience PlatformsAudiencePlatformsExecutionCurrenciesName & address3rd party cookie3rd party segmentContext1st party cookieDevice IDGeo-locationSocial ID / handleThe audience platforms are the marketers access to theaddressable consumer. These platforms are constantly in fluxDecisioningand the rules of optimization, transparency, and data accessPlatformsare varied and constantly in flux.Ad Serving &TaggingThe PlatformPlatformMarketerStackMarketer and agency must stay constantly in tuneand ahead of these changes – in the best cases, driving andData ManagementPlatformsinfluencing these platform roadmaps.AttributionPlatformsMatchingPlatformsCRM Platforms36Marketing Customer Data Warehouse

Digital Marketing StackAudiencePlatformsExecutionCurrenciesName & address3rd party cookie3rd party segmentContext1st party cookieDevice IDGeo-locationSocial ID / handleDecisioningPlatformsAd Serving &TaggingPlatformMarketerStackData ManagementPlatformsValue is achieved throughvertical integration, whichallows these componentsto work together to drivegreater insights rmsCRM Platforms37Marketing Customer Data Warehouse

The Platform Marketer has the skills and competencies totake advantage of addressability at scale – but must operatewithin the Adaptive Enterprise38

Connected CRM (cCRM) FrameworkEnterprise segmentation, which includes value and lifecycledimensions, forms the foundation of CCFCustomer StrategyPortfolio StrategySegment StrategyProgram StrategyExperience DeliveryMedia PlanningChannel PlanningTargeting & PersonalizationExperience delivery performance is continuously attributed acrossmedia and channels which, in turn, drives optimized budget allocationFinancial ManagementMeasurement & AttributionBudget AllocationFinancial management informs customer strategy and experiencedelivery decisions as a closed loop process39OrganizationWhat data,systems,tools andtechnologieswill benecessary?InfrastructureThese strategies are then translated into actionable media and channelplans that result in highly personalized, targeted experiencesHow do weorganize andwhatcapabilitiesand businessprocesses willbe necessary?

The Adaptive Customer Enterprise operates within aconsumer-centric, platform-ready process cted CRM Process Framework40Customer StrategyMediaPlanningExperience DeliveryTargeting &PersonalizationFinancialManagementChannelPlanning

Targeting & PersonalizationCustomers Added To Database41Quotes and recently sold customers who responded todisplay and search are collected in the databaseDigital Targeting ModelCreated“High-value” segment flagged and their online behaviorsacross digital media and channels is analyzed to create alook-alike modelModels Fed Into DSPModels implemented to DSPs to drive higher bid amountson high value inventoryDigital AttributionAnalytic process uses algorithmic attribution of conversionsacross display, search, mobile, and social – beyond lastclickOptimized In Media PlatformsBased on attribution, media mix, frequency, and cost allowables are all optimized directly into the media platforms

Channel PlanningConsumer Behavior CapturedConsumers are tracked across

The Platform Marketer has the skills and competencies to take advantage of addressability at scale – but must operate within the Adaptive Enterprise The Adaptive Customer Enterprise represents the infrastructure, processes, and organization that rapidly adapts to opportunitie