DATA FORWARD
ADVANCING BUSINESS AND MARKETING GOALS THROUGH ANALYTICS
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DATA FORWARD ADVANCING BUSINESS AND MARKETING GOALS THROUGH ANALYTICS TOPICS FOR DISCUSSION EVOLVING DATA & ANALYTICS LANDSCAPE TRENDS IN COMMUNICATIONS ANALYTICS CAPITALIZING ON DATA TRENDS TO DRIVE VALUE EVOLVING DATA &
ADVANCING BUSINESS AND MARKETING GOALS THROUGH ANALYTICS
EVOLVING DATA & ANALYTICS LANDSCAPE TRENDS IN COMMUNICATIONS ANALYTICS CAPITALIZING ON DATA TRENDS TO DRIVE VALUE
ANALYTICS IS A
LEADING AREA FOR INVESTMENT
Analytics is a strategic enabler, central to delivering customer experience, identifying, understanding and growing customers, and measuring and optimizing marketing performanceIn the next three years, marketing departments will dedicate 22% of their budgets to analytics (229% est. Increase in analytics spending) yet most companies still use less than one-third
VOLUME AND VALUE IS CRITICAL
IN THE NEXT THREE YEARS, MARKETING DEPARTMENTS WILL DEDICATE 22% OF THEIR BUDGETS TO ANALYTICS
Source: CMO Council Paper – Predicting Paths to RevenueWE SEE WELL INTO THE CUSTOMER’S FUTURE AND CAN RESPOND IN RELEVANT AND MEANINGFUL WAYS IN REAL- TIME OUR ANALYTICS GIVE US A CLEAR VIEW OF PAST PERFORMANCE BUT DO LITTLE TO LIGHT THE ROAD AHEAD PREDICTIVE IN BROAD TRENDS BUT STRUGGLE TO PREDICT AND DELIVER ACTIONABLE INSIGHTS FOR AN INDIVIDUAL CUSTOMER OF ACCOUNT WE CAN PREDICT WHAT THE NEXT BEST ACTION IS, BUT BEYOND THAT IS A MORE MURKY PICTURE ANALYTICS? WHAT ANALYTICS
42% 23% 20% 12% 5%
ANALYTICS REMAINS A CHALLENGE FOR MOST
Keep Data Investments and Value in Balance
GAPS LIMIT THE EXTENT TO WHICH COMPANIES CAN FULLY LEVERAGE DATA
Keep Data Investments and Value in Balance ARE INCREASINGLY IMPORTANT
TOP STORIES EARNED AUDIENCE INSIGHTS CONVERSATION VOLUME TOPIC AND EMOTION SIGNALS INFLUENCER IDENTIFICATION AUTOMATED SEGMENT TARGETING REPORTING AND DATA ANALYSIS CROSS CHANNEL DATA ANALYSIS, ENGINEERING AND INFRASTRUCTURE SINGLE-SOURCE DATA MULTI-MEDIA DATA
EVOLVING EXPECTATIONS FOR COMMUNICATIONS ANALYSIS
INCREASING DEMAND FOR INTEGRATED AND CUSTOM SOLUTIONS TO PROVIDE MORE COMPREHENSIVE INSIGHTS S TAT I C R E P O R T I N G DY N A M I C A N A LY S I S
STRATEGIC ANALYTICS ACTIVATION ANALYTICS PERFORMANCE ANALYTICS
MARKET INTELLIGENCE, SETTING DIRECTIONIMPACT INSIGHTS & PLANNING EFFICIENCY
OPTIMIZING PROGRAMS AND OUTREACH ACTIVITIES EVALUATING OVERALL IMPACT AGAINST PERFORMANCE GOALSDEFINE DATA &
WHAT IS THE ORGANIZATION TRYING TO ACHIEVE? WHAT WILL HELP OR HINDER THE ORGANIZATION’S SUCCESS? HOW DOES MANAGEMENT THINK COMMUNICATIONS CAN HELP ACHIEVE BUSINESS GOALS? WHAT DOES SUCCESS LOOK LIKE? WHAT IS THE OPTIMAL TIME-FRAME FOR ACHIEVING GOALS? WHO ARE OUR PRIORITY STAKEHOLDERS (INTERNAL AND EXTERNAL)? WHAT CHANNELS AND MESSAGES SHOULD BE PRIORITIZED TO REACH KEY STAKEHOLDERS? WHAT RESPONSES WOULD MANAGEMENT LIKE TO PROMPT WITH COMMUNICATIONS? WHAT BARRIERS HAVE HINDERED MEETING OF OBJECTIVES IN THE PAST? WHAT MARKET FORCES ARE WORKING FOR OR AGAINST US?
& CRITICAL QUESTIONS
TEAMING TO MEET BROADER RANGE OF DATA NEEDS
DATA MODELERRS
provide statistical knowledge
DATA ENGINEERS
manage the hardware, software and data processing needs
DATA STRATEGISTS
prioritize the problems and determine data relevance
Capabilities applied creatively to new, or as yet unsolved, communications challenges. Development of prototype new, customized solutions to meet unique analytics needs using advanced methods
DATA AGGREGATION/ HARMONIZATIO N Artificial Intelligence Machine Learning NLP MODELING
Audience Influencer Channel Content Impact Storytelling
ENHANCED SOLUTIONS ADVANCED METHODS
+ Comprehensive tracking to understand brand’s social traction and positioning vs. competitors + Topic and phrases analyses to understand how consumers, influencers, and press are talking about each topic + Audience-influence tracking to pinpoint major and minor voices around particular subtopics for additional outreach targeting 10,000+ conversations per day from social, forums, blogs, news
Data is automatically mapped and analyzed to recognize key conversations
KEY ACTIONS/INSIGHTS
Outputs arm the team with strategic communications recommendations
WHO INFLUENCES WHOM
19INFLUENCERS
INDUSTRY INSIDERS INFLUENCE THE PRESS WHILE THE PRESS INFLUENCES CONSUMERS
INDUSTRY INSIDERS PRESS CONSUMERS
LEARNING
Articles scored across emotion, language and societal tones Scoring provides insight into content positioning opportunities
IBM WATSON MACHINE LEARNING
OUTLET STRATEGY
Client
PUBLISHER OR WEBSITE RANKING
Data Supplier
PRIMARY MENTION
Data Analysis
BRAND OCCURENCE EMOTION
Artificial Intelligence IBM Watson
DESIRES IMPRESSIONS
Data Supplier
VIEWABILITY
Algorithm
RELEVANCE
HOW PERTINENT IS THE ARTICLE?
TONE
HOW APPROPRIATE IN STYLE HAS THE ARTICLE BEEN WRITTEN?
VISIBILITY
HOW MANY PEOPLE HAVE THE POTENTIAL TO SEE THE ARTICLE?
Panel-based click-trackingAUDIENCE FIT
TV, SEARCH, AND TWITTER IMPACT
1000 2000 3000 4000 5000 6000 7000 8000 9000 1000 2000 3000 4000 5000 6000 7000 8000 Impressions Negative Conversation Negative Conversation TV Impression Effect Twitter Impression Effect Paid Search Impression Effect = Media optimized = Media not optimized+ Sourced search data from Google partnership + Identified search language that indicates an issue + Broken down to zip code level + Created indexed volume by zipcode + Created dashboard showing anomalies broken out by geography
25SEARCH DATA
WHAT WE ANSWERED:
+ How can we detect customer service or operational issues at a zip code, district and area level? + What are the communications implications of the data?
HOW WE ANSWERED IT: