Marketing in the Age of Empowered Consumer
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Transcript of Marketing in the Age of Empowered Consumer
©2012 IBM Corporation ©2012 IBM Corporation
Ruben Bru
Director CEE/MEA, EMM
Marketing in the Age of the Empowered
Consumer Bring Science to the Art of Marketing
©2012 IBM Corporation
To power the success of every marketing organization with innovative
technology solutions
Our Mission
Meeting the needs of:
– Cross-channel marketers
– Online marketers
– Marketing services
The recognized leader in
marketing software solutions
Product Leadership
Over 2,500 organizations worldwide
Tens of thousands of total users
Extensive service offerings
Local Polish partners
Customer and Partner Success
IBM’s Enterprise Marketing Management solutions offers proven web and customer
analytics, event detection, cross-channel campaign management, interaction management,
online optimization, email marketing , and marketing resource management.
What We Do
©2012 IBM Corporation
Table of Contents
1. Trends in Marketing
2. CMO study results
3. Enterprise Marketing Management by IBM
4. Benefits illustrated by Customer Stories
Slide 3
©2012 IBM Corporation
Businesses are challenged by rapidly changing environments
Years to reach 50M users:
Radio 38 Yrs
TV 13 Yrs
Internet 4 Yrs
Facebook 2 Yrs
Supplier lead time is 62%
faster than just 2 years ago
Only 2 of the year 2000’s list of the worlds
10 largest companies are on that list today
©2012 IBM Corporation
As a result, the marketing landscape has changed.
Sources:
•Yankelovich,
•2010 IBM CEO Study
•January 2009 “Marketing Technology Adoption 2009”, Forrester Research
of people don't
believe that
companies tell the
truth in
advertisements
75% of CEOs picked “getting closer to the customer” as their top priority
88% of marketers plan to
reorganize by the
end of 2012
75%
©2012 IBM Corporation
I have 10,000
followers and can
convince them all
that your product is
terrible
I received a
compelling
competitive offer and
am about to defect
I always post
positive reviews
when I’m satisfied
with products and
service
I expect your
promotions to be
relevant to me –
not for things I
never buy
The web has moved from a network of content to a
network of people who shape your brand is perceived.
©2012 IBM Corporation
Table of Contents
1. Trends in Marketing
2. CMO study results
3. Enterprise Marketing Management by IBM
4. Benefits illustrated by Customer Stories
Slide 7
©2012 IBM Corporation
CMOs admit they are not prepared
8
“From Stretched to Strengthened; Insights from the Global Chief Marketing Study”
www.ibm.com/cmostudy
©2012 IBM Corporation
Specific challenges reflect growing complexity
9
“From Stretched to Strengthened; Insights from the Global Chief Marketing Study”
www.ibm.com/cmostudy
©2012 IBM Corporation
Specific challenges reflect growing complexity
10
“From Stretched to Strengthened; Insights from the Global Chief Marketing Study”
www.ibm.com/cmostudy
©2012 IBM Corporation 11 11
Everyone is struggling
“From Stretched to Strengthened; Insights from the Global Chief Marketing Study”
www.ibm.com/cmostudy
©2012 IBM Corporation
Survey question: “is your company doing
‘interactive marketing?’”
12
10%
50%
23%
6%
11%
Currently do this across all channels
Currently do this across somechannels, but not others
Plan to do this (next 12 months)
Plan to do this (> 12 months)
No plans to do this
source: Unica/IBM’s The State of Marketing: Annual Survey of Marketers, 2011
Most marketers
are trying to do
cross-channel,
interactive marketing,
but few have
fully accomplished it
©2012 IBM Corporation
Survey question: “three biggest barriers to ‘interactive marketing?’”
13
55%
50%
33%
33%
33%
32%
24%
18%
Organizational structure, corporate culture orinternal processes are not conducive
Existing systems and data are too disparate
Lack appropriate in-house skills
Lack of budget
Difficulty working with internal IT
Uncertain ROI
Lack of support from upper management/Lack of an executive sponsor
Cost is too high
Lack of the right
technology is an
impediment
source: Unica/IBM’s The State of Marketing: Annual Survey of Marketers, 2011
©2012 IBM Corporation
Survey question: “biggest bottleneck in your marketing organization?”
14
57%
53%
47%
43%
32%
31%
31%
Measurement, analysis & learning
Integrating cross-channel efforts
IT support of marketing technology needs
Marketing planning & objectives
Creative development & strategy
Program planning & targeting
Channel execution & delivery
Lack of
cross-channel,
interactive marketing
is a big problem
source: Unica/IBM’s The State of Marketing: Annual Survey of Marketers, 2011
©2012 IBM Corporation
Table of Contents
1. Trends in Marketing
2. CMO study results
3. Enterprise Marketing Management by IBM
4. Benefits illustrated by Customer Stories
Slide 15
©2012 IBM Corporation 16
Marketers must integrate marketing across all media
Earned media
Paid media
Owned media
Ads PR
©2012 IBM Corporation
Platform
17
Integrating marketing is difficult for most marketing organizations
Earned media
Paid media
Owned media
Most marketers lack:
Profile
©2012 IBM Corporation
18
Enterprise Marketing Management (EMM) is
the marketing platform
EMM: a comprehensive suite integrating
five critical marketing processes – across all media
Manage marketing processes and
measure results
Decide on the best marketing action
Deliver engaging messages and capture reactions
Collect data that augments
each customer profile
Analyze marketing data to find
actionable insights
©2012 IBM Corporation
Table of Contents
1. Trends in Marketing
2. CMO study results
3. Enterprise Marketing Management by IBM
4. Benefits illustrated by Customer Stories
Slide 21
©2012 IBM Corporation
More than 2500 Organizations Worldwide Depend on IBM’s EMM Solutions
Financial Travel /
Hospitality Telecom Retail / Catalog
Healthcare & Insurance
B2B / High Tech
©2012 IBM Corporation
Typical business results reported by EMM users
23
Increased response rates 10-50% increase is typical
Higher campaign ROI 15-30% increase is typical
Improved customer value, loyalty & retention 5-15% increase is typical
Lower customer acquisition costs 25%-75% reduction is typical
Reduced marketing costs 20-40% reduction is typical
Reduced cycle time for marketing efforts 40%-80% reduction is typical
More campaigns with the same resources 2-5x increase is typical
Other business metrics revenue, profit, others vary by industry (assets under management, ARPU, #products owned, etc.)
More effective marketing: More efficient marketing:
Higher online marketing ROI 15x-25x increase is typical
Increased order value 15-20% increase is typical
©2012 IBM Corporation
Leading Financial Institutions Rely on IBM EMM Portfolio of Banking Customers
24
©2012 IBM Corporation
Delivering personalized offers across channels in real time
turns inbound interactions into profitable communications
Business Need
Outbound campaigns were ineffective – not taking
advantage of customer initiated interactions
Needed to create a single, cross-channel,
relationship with each customer
Disparate teams managed customer dialogs
Needed to reduce marketing costs
Real Results • Relevant, real-time campaigns drive higher response rates
• 125M targeted offers served each day across 5 channels – direct
mail, email, web, call center, and branches
• Dynamic web offers generated 4x as much revenue as a static offer
• €20M increase in earnings
• Lowered direct marketing cost 35%
• Faster campaign cycle times: from 26 weeks per campaign to just 4 weeks
©2012 IBM Corporation
Unica is the Proven Solution for Telecommunications Companies
Netherlands
UK
Germany
Spain
Ireland
New Zealand
UK Poland
France
Switzerland
Belgium
Germany UK
Slovakia
Ireland
©2012 IBM Corporation
Real-time Marketing and Location-based SMS
Singapore
Telecommunications, Ltd.
Wireless and landline phone
and broadband Internet
provider
About the Company
27
Serves real-time offers to agents in call centers and at retail
stores to facilitate cross-sell/up-sell
Send offers and advertisements to mobile phones
Cross-sell/up-sell success rate increased from <10% to >40%
Delivery of a compelling customer experience through a unified
and relevant dialogue
Increase usage and cross-sell/up-sell other service lines
Sell mobile advertising opportunities to third-parties
“Unica’s solution arms our call center and retail
representatives with the highest-impact offers - in real
time - so that we can extend and expand our customer
relationships.” Wong Soon Nam,
VP of Consumer Marketing, SingTel
Results
Unica Solution
Challenges
©2012 IBM Corporation
28
Strong Portfolio of Retail Customers
©2012 IBM Corporation
Prospect
Acquisition
Changing Needs
Win-Back
Retention
Retained Loyal
Inte
racti
on
s
Dialog Across Customer Life Cycle
Brand Activities
Activation
On-Boarding
Cross-sell
Re-boarding
Customer Recovery
Segmentation
Up-sell
Search Campaigns
Customer Experience
29
©2012 IBM Corporation
30
Link general:
http://www-01.ibm.com/software/commerce/summit/emea/index.html
Link Marketing (MIS):
http://www-01.ibm.com/software/marketing-solutions/marketing-innovation-summit/europe/
Smarter Commerce Global Summit 2012 - Madrid May 22-24: Hotel Auditorium Madrid
©2012 IBM Corporation © 2012 IBM Corporation
Featuring…
150+ sessions across the Smarter Commerce and EMM portfolio with recognized experts, thoughts leaders and analysts providing market insight!
Smarter Commerce and EMM solutions that will inspire new ideas and creative approaches that drive customer value in the state of the art solution center!
1
2
3
llSmarter Commerce Global Summit 2012 - Madrid May 22-24: Hotel Auditorium Madrid
The conference will showcase: e-commerce
supply chain management targeted and personalized marketing
mobile and social commerce analytics and insight change management
Link general: http://www-01.ibm.com/software/commerce/summit/emea/index.html
Link Marketing (MIS): http://www-01.ibm.com/software/marketing-solutions/marketing-innovation-summit/europe/
Redefining commerce in the age of the
customer.
Bringing together a powerful combination of best
practices, new technology and services, marketing
and supply chain experts and industry
perspectives into an event like no other!