The Race to Marketing Mastery

71

Click here to load reader

Transcript of The Race to Marketing Mastery

Page 1: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

The Race to Marketing MasteryChris Haleua | Adobe Product Manager

1

Page 2: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Page 3: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Background

3

Page 4: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

10,000 Hours to Mastery6 Years to Mastery

■40 Hours / Week■52 Weeks / Year

Deliberate Practice■Real risk■Clear goals■Immediate feedback

http://ppcchat.co/2014/03/personal-growth-pay-click

How many of your years have

just been repeating the

first 6 months?

Page 5: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Page 6: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

The Only Constant is Change

Page 7: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Page 8: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Challenges

Page 9: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Best of the Best

■210 Billion digital interactions across 6k companies

■Best retailers have twice the conversion rate

■Top financial service companies have half the

bounce rate

■Media leaders have 30% more time on site

Page 10: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Page 11: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Page 12: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

MyAnalyticsScore.com

Page 13: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Page 14: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

People■Motivation

■Autonomy  (Time, Technique, Team, Task)■Mastery (“Goldilocks tasks”)■Purpose (Natural desire to contribute to a greater cause)■Extrinsic rewards (Bonuses, Recognition, Promotions)

Page 15: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

ProcessData-driven decision making while avoiding analysis paralysis

■Descriptive■Explanatory■Diagnostic■Predictive■Prescriptive

Page 16: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Product

■Budget vs. Unlimited

■Time Strain vs. Large Team

■Simplicity vs. Control

■Flexibility vs. Structure

■Tradeoffs vs. Individual Terms

Choose the appropriate tool for the situation

Page 17: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Change Frequency

Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8

Manual Rules Portfolio

17

Page 18: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Change Diversity

50% 25% 10% 5% 0% -5% -10% -25% -50%

Rules Manual Portfolio

18

• Manual management can be data-driven in diversity but is almost always sporadic in frequency. • Rules are lopsided in diversity because of simplistic logic but are at least consistent in frequency. • Portfolio algorithms maintain both balanced diversity and consistent frequency.

Page 19: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Model Accuracy

19

1 2 3 4 5 6 7 8 9 10 11 120.00%

20.00%

40.00%

60.00%

80.00%

100.00%

120.00%

140.00%

160.00%

180.00%

old modelnew model

Portfolio

Acc

urac

y(1

00%

is id

eal)

Page 20: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential. 20 Segment

Metric

3x3 Att Micro Weight Pat

h

Page 21: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Page 22: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Page 23: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Page 24: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Page 25: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Page 26: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

DashboardEfficienc

yVolume

ManualManageme

nt

SyncRules &Portfolio

KeywordsNegatives

Stakeholder Reports

Pacing & Run Rate

Validation

Forecasts & Simulations

Targeting

Predictive Modeling

Page 27: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Ad Testing

Budgeting

Landing Page

Optimization

Negatives Match Type

Structure

Page 28: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Page 29: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

External

■Intellectual

Risk

■Social Risk

■Creative Risk

■Emotional

Risk

Page 30: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Internal■S.M.A.R.T

goals

■Break Tasks

Down

■Quick

Feedback

■Goldilocks

Tasks

Page 31: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Page 32: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Decisions

Logic

Emotion

Understand Statistics

Feel Stories

Remember Visuals

Trust Experiences

Page 33: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Marketing MastersBuild Relationships of

Trust

Page 34: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

3x3 Pattern

Training Calendar

Brain GatesData Storytelling

Internal External

Above

Below

Understand Statistics

Feel Stories

Remember Visuals

Executives & Clients

Prospects &Customers

Teammates& Assistants

Ad Platforms& Engines

Trust Experiences

Page 35: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential. 35

Easier to understand

Trustworthy

More memorable

More persuasive

Page 36: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Agenda

Why Use Stories?1How to Structure a Data Story2Effective Visualization Tips3Data Stories in Action4

Page 37: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential. 37

“After nourishment, shelter, and companionship, stories are the thing we need most in the world.”Philip Pullman, Author

Page 38: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

We’re wired for stories

Page 39: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Stories Have a Unique Effect on Audiences

DATA

Shields UpWhen we read dry, factual arguments, we read with our dukes up. We are critical and skeptical…”

Page 40: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Stories Have a Unique Effect on Audiences

DATA

STORY

Shields Down…But when we are absorbed in a story we drop our intellectual guard. We are moved emotionally and this seems to leave us defenseless.”

Jonathan GottschallAuthor, The Storytelling Animal

Shields Up

Page 41: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Page 42: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Page 43: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

DATA010110101011111011

3 Keys to Data Storytelling

NARRATIVE VISUALS

Page 44: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

1. Ignoring your audience’s

priorities

2. Using unfamiliar jargon

3. Providing too much detail

4. Leaving out context

5. Talking too much

5 Ways Stories are Derailed

Page 45: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Different Types of Stories

Analogies & Metaphors

0101101011AnecdotesPersonal, historical,

current events, & pop culture

TalesFables,

parables, urban legends, films,

& literature

Non-fiction Fiction

Page 46: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Smooth Transition

Reach Higher

Defeat the Villain

The Picnic is Over

Spilt Milk

Crack in the Foundation

Old Technology At a CrossroadWhat’s

your story

angle?

Page 47: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential. 47

Humanize your data-driven insights

Who’s your hero?Data.

Cold, distant, and impersonal.

Page 48: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential. 48

Humanize your data-driven insights

Who is your story’s hero?

Page 49: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential. 49

Many heroes are hiding within your digital data.You just need to bring them to life.

Page 50: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

How to Insert Characters in Your Data Story

Identify where your analysis intersects with people

Determine which customer traits are important to your message

Search for appropriate character imagery

Create a persona for your hero

Build the customer journey with visual elements

Qualitative dataStock photos Screenshots

54321

Page 51: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Six Tips for Better Data Visualizations

Identify the right data1Choose the right visualization2

Calibrate visuals to your message3Remove unnecessary noise4Highlight what’s important5Make it easy to consume6

Page 52: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

1. Identify the Right Data

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec0

200,000

400,000

600,000

800,000

1,000,000

$1,200,000

0

5,000

10,000

15,000

20,000

25,000

30,000Revenue Visits

Revenue Visits

“HMMM”

Page 53: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

1. Identify the Right Data

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec0

200,000

400,000

600,000

800,000

1,000,000

$1,200,000

Revenue per visit (RPV)$50

$28“AHHH”

Revenue $59

$51RPV (YoY) RPV (Other BUs)

CONTEXT

Page 54: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

2. Choose the Right Visualization

More accurate comparisons

More genericcomparisons

2D position along common but unaligned scales

Length

Angle Volume

Shading

Direction Area Curvature

Color Hue

2D position along common, aligned scale

Graphical Perception: Theory, Experimentation, and Application to the Development of Graphical Methods (Cleveland & McGill, 1984) via The Functional Art (Alberto Cairo, 2013)

Page 55: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

2. Choose the Right Visualization

Facebook

Twitter

YouTube

LinkedInGoogle+

5%

29%

32%

25%

9% Facebook

Twitter

YouTube

LinkedIn

Google+ 5%

32%29%

25%9%

“OK” “BETTER”

http://bit.ly/1kNp8GxStephen Few article on pie charts

Page 56: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

3. Calibrate Visuals to Your Message

49%

39%

12%

61%

31%

8%

73%

23%

4%

2011 2012 2013

Tablet

Smartphone

Desktop

“WAIT A SECOND?!”

Page 57: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

3. Calibrate Visuals to Your Message

2011 2012 20130

1020304050607080%

2011 2012 20130

1020304050%

Desktop Smartphone

2011 2012 201302468

14%

1012

Tablet

“THERE WE GO”

33% 70% 200%

Page 58: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

4. Remove Unnecessary Noise

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 280

50

100

150

200

250

300

350

Article AArticle BArticle CArticle DArticle EArticle FArticle GArticle HArticle IArticle J

February 2014

Page Views No more than 4 lines or use panel chart

“HUH?!”

Page 59: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

4. Remove Unnecessary Noise

February 2014

Views

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 280

50

100

150

200

250

300

350

Article AArticle BArticle CArticle D

“OK. I SEE IT”

Page 60: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

4. Remove Unnecessary Noise

Article DArticle C

Article E Article F Article G

0

50

100

150

0

50

100

150

1 8 15 22 1 8 15 22 1 8 15 22

Article B

Page 61: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

8%7%6%6%6%6%

Product EProduct FProduct GProduct HProduct IProduct J

4. Remove Unnecessary Noise

30%

13%9%9%

8%

7%

6%6%

6%6%

19,631UnitsSold

30%

13%9%9%

39%19,631

UnitsSold

Product B

Product A

Product CProduct D

OtherProducts

Product AProduct BProduct CProduct DProduct EProduct FProduct GProduct HProduct IProduct J

No more than 5 slices in a pie chart

“PHEW”

Page 62: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

5. Highlight What’s Important

1 2 3 4 5 6 7 8 9 101112131415161718192021222324252627280

50

100

150

200

250

300

350

February 2014

Views “GOT IT”30%

13%9%9%

39% 19,631UnitsSold

13%

Product A

Product C

OtherProducts

Product B

Product D

Color change signifies a change in information

Page 63: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

6. Make It Easy to Consume

Oct Nov Dec Jan Feb Mar0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

Campaign A Campaign B Campaign C

Whenever possible use direct labels

Campaign A

Campaign C

Campaign B

Targetingissue fixed

Free shipping incentive ends

Orders

Page 64: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

6. Make It Easy to Consume

USCanada

ChinaJapan

GermanyUK

IndiaFrance

SwedenBrazil

AustraliaSpain

MexicoS. Korea

Italy

5.25.04.64.23.93.73.53.22.92.42.11.31.21.11.0

US Users Spend More Time in App Use descriptive titles with chartsAvg. Time Spent (min)

Page 65: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Never force your audience to memorize, organize, or calculate

numbers in their heads

Page 66: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

How Much Effort Should You Invest in Data Storytelling?

LowValue

HighValue

Expected / Simple

Disruptive / Complex

Insight Type

Business Impact

Page 67: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

How can you become a better data storyteller?

Page 68: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Data Storyteller ResourcesBooks Links

Made to Stick (Chip & Dan Heath)Resonate (Nancy Duarte)WSJ Guide to Information Graphics (Dona Wong)The Functional Art (Alberto Cairo)Show Me the Numbers (Stephen Few)Presentation Zen Design (Garr Reynolds)Brain Rules (John Medina)The Back of the Napkin (Dan Roam)

VideosTelling Compelling Stories with Numbers: Data Visualization and Communication (Stephen Few)http://1.usa.gov/1oWgmVL

The Joy of Statistics (BBC – Hans Rosling)http://www.youtube.com/watch?v=CiCQepmcuj8

Persuasion and the Power of Story (Jennifer Aaker)http://www.youtube.com/watch?v=AL-PAzrpqUQ

Storytelling in the Boardroom 6-part series on Office.microsoft.com (http://bit.ly/1pttMXM)

Juice Analytics’ Data storytelling: Ultimate collection of resources (http://bit.ly/19H0Bcj)

Pixar’s 22 Rules to Phenomenal Storytelling (http://slidesha.re/1ggKiYV)

Powerpointninja.com Visual.ly Flowingdata.com

Page 69: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Other Suggested Reading■Web Analytics: "Web Analytics 2.0" by Avinash Kaushik and "Web Analytics Action

Hero" by Brent Dykes

■Search Marketing: "Advanced Google AdWords" by Brad Geddes and "The Long Tail"

by Chris Anderson

■Advertising: "Permission Marketing" and "Meatball Sundae" by Seth Godin

■Career Path: "Peter Principle" by Peter Hull and "Linchpin" by Seth Godin

■Productivity: "Getting Things Done" by David Allen and "Eat that Frog" by Brian Tracy

■Entrepreneurship: "4 Hour Workweek" by Timothy Ferris and "Rework" by Jason

Fried and "Lean Startup"

■ Innovation: "Innovators Dilemma" and "Innovators Solution" by Clayton Christensen

■Statistics: "The Cartoon Guide to Statistics" by Larry Gonick and "The Nature of

Statistics" by W. Allen Wallis

Page 70: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

SummaryContinue to Reinvent Yourself

■10,000 Hours of Deliberate Practice■People, Process, Product

Take the capability self-assessments:■Analytics: MyAnalyticsScore.com■Advertising: AdobeMarketingPro.com

Practice data storytelling in crucial moments■Logic: Understand stats & remember visuals■Emotion: Feel stories & trust experiences

Page 71: The Race to Marketing Mastery

© 2014 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.

Chris [email protected]: @chrishaleua