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Bisnode VALUE OF OFFLINE + ONLINE DATA EDOARDO JACUCCI – CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit – Berlin, Germany – March 20-21 2017

Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

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Page 1: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

Bisnode

VALUEOFOFFLINE+ONLINEDATAEDOARDOJACUCCI – CHIEFPRODUCTOFFICER,BISNODEDigitalInnovator´sSummit– Berlin,Germany– March20-212017

Page 2: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

Bisnode

KEYFACTS2017• LeadingwithinData&Analytics• 18countries• 2,400employees• 150,000customers• RevenueEUR360million• Marketing+Risk&Credit• B2C+B2B• HeadquarterinStockholm,Sweden• PartnerwithDun&Bradstreetsince2002

Page 3: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

B2CMARKETING:WHATWEDO?

Threewayswehelpourcustomers

MASTERCONTACTMANAGEMENT

CUSTOMERLIFECYCLEMANAGEMENT

TARGETEDOMNICHANNEL

Page 4: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

550+ITALLSTARTSWITHDATASOURCES– LOTSOFTHEM

Page 5: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

INDIVIDUAL§ Gender§ Age§ Personas

LIFE§ Purchasingpower§ Income§ Urbanisation§ Typeofhome§ Education§ Ageprofile§ Phaseoflife§ Levelofinboundmigration§ Neartocoast§ Electionresult

GEOGRAPHY§Municipalgroup§ Postalcode§ Taxburden§ Electionresult§ Othergeographicaldata

HOUSEHOLD§ Phaseoflife§ Purchasingpower§ Otherhouseholdvariables

WECREATE50-100VARIABLESPROFILINGCONSUMERS

Page 6: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

• Numberofpeopleinhousehold

• Household’spurchasingpower• Householdwithhomemortgage• Householdwithprivateloans

• Newcar• Secondcar

• Changecarin0-2years• Changecarin3-4years

• Probablenextcar

• Holidayhome• B2Brole

• Householdhasmoved• Someoneinthehouseholdhasmovedin

• Familieswithchildrenaged0-6• Familieswithchildrenaged7-12• Familieswithchildrenaged13-17

• Purchasingwindowforhomeinsurance• Purchasingwindowforelectricityagreement• Purchasingwindowforbroadband

• Makecontributionstoaidorganisations• Buythroughdistanceshopping• Buylotteryticketsanddothepools• Internethabits:

• Downloadmusic/films/games• WatchTV• Socialnetworks• Worksonline

VERYDETAILEDVARIABLES… – EXAMPLEHOUSEHOLD

Page 7: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

HELPINGTHEMEDIAINDUSTRYGROW

ONLINE OFFLINE

Page 8: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

0,50

5,28

0,00

1,00

2,00

3,00

4,00

5,00

6,00

AverageFacebookAdsCTR FacebookAdCTRboostedwithofflinedataintelligence

FacebookAdsClickThroughRate(CTR)

Source:Nanigans EuropeanFacebookAdvertisingBenchmarkReport.

VALUE? WEIMPROVEDFACEBOOKADSCTRBYOVER10X

Percentage 10x

Page 9: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

Wealth

Age

Phaseoflife

Income

county

Childrenindicator

Gender

Education

Typeofresidential

Mobilephone indicator

..........................

SCORETHEENTIREPOPULATION

Collectthousandsofsurveys

Createpredictivemodels usingourofflinedata

Whatareyourinterests?

WEDEVELOPEDAMODELFORCULTURALANDECONOMICCAPITAL

HIGHCULTURE

LOWCULTURE

HIGHNET

WORTH

LOWNETWORTH

Page 10: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

likely unlikelyYOURHOLIDAYPREFERENCES?

Hikinginthemountains

HIGHCULTURE

LOWCULTURE

HIGHNET

WORTH

LOWNETWORTH

Page 11: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

YOURHOLIDAYPREFERENCES?

Charter

likely unlikely

HIGHCULTURE

LOWCULTURE

HIGHNET

WORTH

LOWNETWORTH

Page 12: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

YOUAREREALLYINTO...

Health&wellbeing

likely unlikely

HIGHCULTURE

LOWCULTURE

HIGHNET

WORTH

LOWNETWORTH

Page 13: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

YOUAREREALLYINTO...

Cellphones

likely unlikely

HIGHCULTURE

LOWCULTURE

HIGHNET

WORTH

LOWNETWORTH

Page 14: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

MOBILITY

Mostpopularcar

likely unlikely

HIGHCULTURE

LOWCULTURE

HIGHNET

WORTH

LOWNETWORTH

VWGOLF

MITSUBISHIOUTLANDER

KIASOUL

TOYOTAPRIUS

Page 15: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

YOULIKETOSHOP

ONLINEAUCTIONS

likely unlikely

HIGHCULTURE

LOWCULTURE

HIGHNET

WORTH

LOWNETWORTH

Page 16: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

YOULIKETOSHOP

MORETHAN1HOURDAILYONLINESHOPPING

likely unlikely

HIGHCULTURE

LOWCULTURE

HIGHNET

WORTH

LOWNETWORTH

Page 17: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

YOUUSUALLYREAD... likely unlikely

HIGHCULTURE

LOWCULTURE

HIGHNET

WORTH

LOWNETWORTH

AFTENPOSTEN

Page 18: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

YOUUSUALLYREAD...

DINEPENGER

likely unlikely

HIGHCULTURE

LOWCULTURE

HIGHNET

WORTH

LOWNETWORTH

Page 19: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

“Whoscoredhighonthebuyingimpulsiveness scaleweremorelikelytobesensitivetoadvertisements”

RESEARCHSAYS...

Source:http://acrwebsite.org/volumes/8383/volumes/v27/NA-27

Page 20: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

IMPULSIVENESSSCORE:

Collectthousandsofsurveys

Createpredictivemodels usingourofflinedata

Wealth

Age

Phaseoflife

Income

county

Childrenindicator

Gender

Education

Typeofresidential

Mobilephone indicator

..........................

Areyouimpulsive?

WEDEVELOPEDAMODELTHATSCORESIMPULSIVENESS

High

Medium

Low

Page 21: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

• Lookfornewexperiences

• Spendmoneyonshorttermrewards

• Dodailygroceryshopping

• Shopbymailorder

• Buyaninstallmentplan

• Besubjecttopaymentremarks

1,5x

2x

1,5x

2x

2x

9x

IMPULSIVEPEOPLEHAVEVERYDISTINCTBEHAVIOR

What? Howmorelikelyifhighimpulsivity?

Page 22: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

YOUAREMORELIKELYTOGET...

PAYMENTREMARKS

likely unlikely

HIGHCULTURE

LOWCULTURE

HIGHNET

WORTH

LOWNETWORTH

Page 23: Bisnode VALUE OF OFFLINE + ONLINE DATAfipp.s3.amazonaws.com/media/documents/DIS2017... · ONLINE DATA EDOARDO JACUCCI–CHIEF PRODUCT OFFICER, BISNODE Digital Innovator´s Summit

ONLINE OFFLINE

• 10xFacebookAdsClickThroughRate• Subscriptionleadsandchurnreduction• Contentrecommendations

• Uniquetargetedadvertising• GDPRcompliance

HELPINGTHEMEDIAINDUSTRYGROW