Big Data - A Revolution in Marketing & Media
-
Upload
networked-insights -
Category
Business
-
view
5.924 -
download
0
Transcript of Big Data - A Revolution in Marketing & Media
Data
BIGA Revolution in Marketing and Media
Dan NeelyCEO, Networked Insights
We leverage social data to inform business-critical marketing decisions
THE
SOLUTION
OUR PLATFORM
SocialSense™
©2013 Networked Insights
Data
BIGSeeing the Big Picture
©2013 Networked Insights
TECHNOLOGY TRENDS HAVE CONVERGED
6
Big Data used to be just a byproduct of big business
©2013 Networked Insights
BIG DATA WHAT IS IT?
“BIG DATA” refers to datasets whose size is beyond the ability of typical database software tools to capture, store, manage, and analyze -McKinsey & Co.
©2013 Networked Insights 8
is being collected and stored
Today data from EVERYWHERE
©2013 Networked Insights 9
HOW IS BIG DATA CREATED ?
Human to Human Human to Machine Machine to Machine
©2013 Networked Insights
Web & Ecommerce
WHAT IS BIG DATA ?
BECOMESBIG
DATA Bank/Credit card
Transactional
Mobile
Social
Video & Preference
Machine & Sensor
Retail POS
©2013 Networked Insights 11
IDC says by 2020 the digital universe40zettabytes
HOW FAST IS THIS DATA GROWING ?
©2013 Networked Insights 12
BIG DATA CREATES NEW OPPORTUNITIES
©2013 Networked Insights 13
Every major brand does
SO WHAT COMPANIES HAVE THE BIGGEST OPPORTUNITIES WITH BIG DATA?
©2013 Networked Insights 14
It is exciting because
Supports Innovates Reveals Creates advantage Improves efficiency Powers real-time
BIG DATAWHY IS BIG DATA EXCITING?
©2013 Networked Insights 15
HOW DOES BIG DATA CHANGE YOUR WORLD?
MARKETINGREVOLUTION
©2013 Networked Insights
PRE-INFORM OPTIMIZE
Technology and people will change the way marketing is done. We’re entered the era of real-time marketing.
Advertising Celebrity
Spokespersons Messaging Positioning Media Planning
WHAT ARE MARKETING BIG DATA OPPORTUNITIES?
Media Mix eCommerce CRM Campaign
Performance Brand Management
©2013 Networked Insights 17
It predicts consumer trends
HOW DOES BIG DATA AFFECT MARKETING?
©2013 Networked Insights 18
It accelerates the marketing lifecycle
HOW DOES BIG DATA AFFECT MARKETING?
©2013 Networked Insights 19
It allows all decisions to be data-driven
HOW DOES BIG DATA AFFECT MARKETING?
©2013 Networked Insights
All marketing elements are impacted
AUDIENCES CONTENT MEDIA
HOW DOES BIG DATA AFFECT MARKETING?
©2013 Networked Insights 21
Enables smarter & faster media planning
HOW DOES BIG DATA AFFECT MARKETING?
©2013 Networked Insights 22
CMO – Campaign & Media Spend
Brand manager – Audience
PR manager – Brand Performance
Digital/Social manager – Content
Sales manager – Sales
Product manager – Marketplace & Competitive
Different Roles Different Data Interests
WHAT BIG DATA DOES MARKETING OWN?
©2013 Networked Insights 23
Why is it REVOLUTIONARY? Grows constantly Un-biased Universally available Accessible in real-time Provides a contextual layer
BIG SOCIAL DATA
©2013 Networked Insights 24
Pre-Informhypothesis
Stimulatedata set
Testhypothesis
Reformulatehypothesis
Integrated and Sync’d
Platform
Informed, ContinuousStimulation
Real-time tracking/trending
of Stimulus Data set becomes enormous
Optimize andMeasure
Real Time “scientific” test and learn lab
NETWORKED INSIGHTS’ APPROACHLEVERAGE SOCIAL DATA FOR THEIR CLIENTS?
©2013 Networked Insights 25
Future implications
©2013 Networked Insights 26
Embrace Big Data
FUTURE IMPLICATIONS FOR BUSINESS
©2013 Networked Insights 27
Align with partners to inform decisions
FUTURE IMPLICATIONS FOR BUSINESS
©2013 Networked Insights 28
Shorten decision-making cycles with real-time data
FUTURE IMPLICATIONS FOR BUSINESS
©2013 Networked Insights 29
Enjoy more effective and efficient sales & marketing processes
FUTURE IMPLICATIONS FOR BUSINESS
©2013 Networked Insights 30
Are you ready to move at the speedof your customer?
Dan NeelyCEO and FounderNetworked Insights@dneely40
Thank You!