BrightEdge Share15 - DM102: Email & Marketing Automation - Tyler Altrup

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Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | The Path to Behavioral Marketing Taming the Complexity of Digital Marketing Tyler Altrup Strategy Solutions Consultant 23 September 2015

Transcript of BrightEdge Share15 - DM102: Email & Marketing Automation - Tyler Altrup

Page 1: BrightEdge Share15 - DM102: Email & Marketing Automation - Tyler Altrup

Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |

The Path to Behavioral MarketingTaming the Complexity of Digital Marketing

Tyler AltrupStrategy Solutions Consultant23 September 2015

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Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted

Tyler Altrup, Marketing Strategist

• EMC Corporation

• Social Media Analytics

• Badgeville

• Gamification Solutions Consultant

• Oracle Marketing Cloud

• Strategy Solutions Consultant

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The Rise of Digital Darwinism Customers Evolve Faster Than Marketing

3

of the Fortune 500 from 1955 still remain there today.12%MARKETING

CUSTOMER

Sources: McKinsery and AEI

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Only

12%of marketers believe their

marketing is real-time enough to drive adequate

business results.-EConsultancy

Pre-Determined “Journeys” Fail to Adapt Fast Enough

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What’s slowing marketers down?

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The Rift Between Digital and Offline Interactions Fractures View of Customer

6

DESKTOP

OFFLINE

MOBILE APP

MOBILE WEB

11%Marketers who have high

confidence in the audience they’re targeting.

-Nielsen

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The Division Between Anonymous and Known Marketing Data Prevents Relevance

7

85%Of CMOs say data spread channels prevents cross-

channel consistency.

- CMO Club

Greg Jones, 30, Chicago Past Purchase: Jeans

ANONYMOUS KNOWN

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Of marketers have silo’dteams and technologies by channels -eConsultancy

93%

Marketing

Companies Lack Centralized Hub to OrchestrateCustomer Interactions and Content Across Lifecycle

Agency

EMAIL WEB

SOCIAL MOBILE

CONTENT SEARCH

CREATIVE

MEDIA

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MEDIADATA

Chaotic Ecosystem Overwhelms Marketing Strategy & Planning

APPS

Total Marketing TechLandscape size:

1,876vendors across43 categories

- ChiefMarTec

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Vision for the Future of Behavioral Marketing

10

Connect Online and Offline Interactions to One Customer

Tie interactions to one customer across all devices and channels

Bridge Anonymous and Known Marketing

Connect all proprietary and 3rd party data to increase relevance

Adapt with Behavior-Based Orchestration

Empower the customer to dictate their own path

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Connect with Individual Customer Across Channels & Devices

Desktop

Mobile Web

Mobile AppsSocial

Purchase or CRM Data

Email

Identity Graph

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Offline• Past Purchase Data• Buying Propensity• Lifetime Value• Trade Shows

Owned Digital Channels• Website Engagement• Email Marketing• Social Data• Mobile Apps/Web

Purchases & Transactions• Web Commerce • Sales CRM• Marketing CRM• Point-of-Sales

Third-Party Data• Intent• Geography• Interest & Lifestyle• Branded • Demographic

Transform owned and third-party data into actionable audience

Connect Data: Bridge Known and Anonymous Marketing Data

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Connect Data: Analyze Ideal Audience and Demonstrate Marketing’s Value Across ChannelsModel your ideal audience and measure how their engagement drives conversions

Audience Analytics Cross-Channel Insight

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Create Engagement: Deliver Relevant Content Across LifecycleListen to your audience and engage them with relevant content across marketing channels

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NEXT STOP

Purchased Online

Switch

Send Email Campaign

Send Push Notification

In-Store

Orchestrate Experience: Let Customers Dictate Their Own PathAdapt to individual customer behaviors and real-time interactions

Any Preference

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Understanding behavioral types to deliver relevant experiences

The Next Wave of Behavioral Marketing

Kim Lazzaro

Bartle Playnomics

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What does this mean for marketers?

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The Era of the Digital Marketing Silo is Over

Analytical Rigor

• A scientific, data-driven approach to marketing decisions

Behavioral Psychology

• A deeper approach to understanding and managing customer experiences

A new era will value new skills

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