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Predictive Analytics for Marketers Katie Robbert CEO, Trust Insights @katierobbert #MAICON19 TM

Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

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Page 1: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

Predictive Analytics

for Marketers

Katie Robbert

CEO, Trust Insights

@katierobbert

#MAICON19

TM

Page 2: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

www.willtheslidesbeavailable.com

Page 3: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week
Page 4: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week
Page 5: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

43.5%

Page 6: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

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

Page 7: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

Witness protection case study

Page 8: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

What are the

impacts of

these

problems?

Unhappy clients

Loss of digital footprint

Lost revenue

Employee turnover

Page 9: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

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

Page 10: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

What is predictive analytics?

Page 11: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

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

Page 12: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

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

Page 13: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

S-ARIMA

Auto-Regressive Integrated Moving Averages

(w/Seasonality)

Page 14: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

Auto-Regressive Integrated Moving Averages

POINT A to B

Page 15: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

Auto-Regressive Integrated Moving Averages

SPEED LIMIT = 65

Page 16: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

Auto-Regressive Integrated Moving Averages

ACCIDENT AHEAD

Page 17: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

Auto-Regressive Integrated Moving Averages

ACCIDENT CLEARED

Page 18: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

Auto-Regressive Integrated Moving Averages

(w/Seasonality)

WEATHER FORECAST

Page 19: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

Two types of predictive analysis

DRIVER ANALYSIS(DEEP LEARNING)

TIME SERIES ANALYSIS(MACHINE LEARNING)

Page 20: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

Hot potato, drop the data

-Redman

Page 21: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

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

Page 22: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

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

Page 23: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

Don't try to predict tomorrow

'Cause tomorrow's out of sight

-ABBA

Page 24: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

Time Series Analysis

SEO/Content Creation

Social Media Advertising Shopping Trends

YouTube

Page 25: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

SEO/Content Marketing

Page 26: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

Social Media Posting

Page 27: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

Advertising Spend

Page 28: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

Shopping Trends

Page 29: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

YouTube

Page 30: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

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

Page 31: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

Case Study – SEO/Content Planning (B2B)

Drove users up ~18% YoY 2018-2017

Page 32: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

Resulted in a 285% increase in conversion

Resulted in 248% increase in revenue

Page 33: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

When in the

next 52 weeks

will people be

reading their

email most –

or not all?

Page 34: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

GET YOUR CAMERA READY TO TAKE A PICTURE

AND POST FOR ALL YOUR COWORKERS

– be sure to tag @trustinsights

Page 35: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

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

Page 36: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week
Page 37: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

Predictive Analytics

is a multipurpose solution

to your every day

marketing challenges

Page 38: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

We've come to the end of our road

-Gladys Knight & the Pips

Page 39: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

www.willtheslidesbeavailable.com

Page 40: Predictive Analytics for Marketers€¦ · These are the bestweekseach quarter to send email marketing: •Q3: Week of September 15, 2019 •Q4: Week of October 20, 2019 •Q1: Week

Katie Robbert

CEO, Trust Insights

@katierobbert

#MAICON19

TM

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