Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email...

Preview:

Citation preview

Predictive Analytics

for Marketers

Katie Robbert

CEO, Trust Insights

@katierobbert

#MAICON19

TM

www.willtheslidesbeavailable.com

43.5%

What

problems

are you

facing

right now?

Creating plans with no measurement strategy

Clients demands with no clear path to success

Feeling like you’re constantly behind, instead of ahead

Witness protection case study

What are the

impacts of

these

problems?

Unhappy clients

Loss of digital footprint

Lost revenue

Employee turnover

How do we

solve these

problems?

A better understanding of predictive analytics

Practical applications and ideas for using predictive

Ditching the “this is how we’ve always done it” mantra

What is predictive analytics?

Ó2019 trustinsights.ai | @trustinsights | @katierobbert

I don’t know what I want but I have

the quantitative data

I don’t know what I want but I have

some qualitative data

I know what I want and I have

the quantitative data

I know what I want and I have

the qualitative data

Pure GuessingThe way

we've always done it

Basic charts that point up/down

Moving averages

ARIMA

Progression of Predictive

The worst

All too common

Right direction

Math is good

That’s the ticket

Ó2019 trustinsights.ai | @trustinsights | @katierobbert

S-ARIMA

Auto-Regressive Integrated Moving Averages

(w/Seasonality)

Auto-Regressive Integrated Moving Averages

POINT A to B

Auto-Regressive Integrated Moving Averages

SPEED LIMIT = 65

Auto-Regressive Integrated Moving Averages

ACCIDENT AHEAD

Auto-Regressive Integrated Moving Averages

ACCIDENT CLEARED

Auto-Regressive Integrated Moving Averages

(w/Seasonality)

WEATHER FORECAST

Two types of predictive analysis

DRIVER ANALYSIS(DEEP LEARNING)

TIME SERIES ANALYSIS(MACHINE LEARNING)

Hot potato, drop the data

-Redman

6 C’s of Data Quality

Clean

•Prepared well

•Free of errors

Complete

•No missing information

Comprehensive

•Must cover the questions being

asked

Chosen

•No irrelevant or confusing data

Credible

•Must be collected in a valid way

Calculable

•Must be workable and useable by business users

Ó2019 trustinsights.ai | @trustinsights | @katierobbert

Project Set the strategy, goal and desired outcome

Pull Extract the data from where it lives

Prepare Clean, refine, and prepare the data set

Pick Identify which variable to predict

Predict Create the prediction

Plan Build a plan of action from the forecast

Predictive Analysis Process

Ó2019 trustinsights.ai | @trustinsights | @katierobbert

Don't try to predict tomorrow

'Cause tomorrow's out of sight

-ABBA

Time Series Analysis

SEO/Content Creation

Social Media Advertising Shopping Trends

YouTube

SEO/Content Marketing

Social Media Posting

Advertising Spend

Shopping Trends

YouTube

Use the 4P Framework to keep

your forecast manageable

• Plan - 4 weeks out

• Prep - 3 weeks out

• Publish - 2 weeks out

• Promote - 1 week out

Case Study – SEO/Content Planning (B2B)

Drove users up ~18% YoY 2018-2017

Resulted in a 285% increase in conversion

Resulted in 248% increase in revenue

When in the

next 52 weeks

will people be

reading their

email most –

or not all?

GET YOUR CAMERA READY TO TAKE A PICTURE

AND POST FOR ALL YOUR COWORKERS

– be sure to tag @trustinsights

These are the best weeks each quarter to send email marketing:

•Q3: Week of September 15, 2019

•Q4: Week of October 20, 2019

•Q1: Week of January 12, 2020

•Q2: Week of April 26, 2020

These are the worst weeks to send email by quarter:

•Q3: Week of August 11, 2019

•Q4: Week of December 15, 2019

•Q1: Week of March 29, 2020

•Q2: Week of May 17, 2020

Use this to plan and budget your email marketing for the rest of the year!

When to Send Email By Quarter via @TrustInsights

Predictive Analytics

is a multipurpose solution

to your every day

marketing challenges

We've come to the end of our road

-Gladys Knight & the Pips

www.willtheslidesbeavailable.com

Katie Robbert

CEO, Trust Insights

@katierobbert

#MAICON19

TM

Help us gain real intelligence about this event.

Navigate to your event app and take a few moments to rate this speaker.

All feedback is helpful and appreciated.

Recommended