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1 COPYRIGHT ©2014. ALL RIGHTS PROTECTED AND RESERVED. The Digital Transformation Will Be Monetized: The Future of Digital Marketing ROI December 4, 2013 #customerstrategy

Customer strategist webinar dec 14

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Page 1: Customer strategist webinar dec 14

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The Digital Transformation Will Be Monetized: The Future of Digital Marketing ROI

December 4, 2013

#customerstrategy

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Today’s Speakers

Elizabeth GlagowskiEditor-in-Chief

Customer Strategist Journal

Michael BehrensSVP, eMarketing

WebMetro (a TeleTech company)

Gerry BrownSenior Analyst

Ovum

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Event logistics

Please turn off your pop-up blocker You will not be able to participate in today’s survey

Download a PDF of today’s slides Click the green resource widget

Have a question for the presenters? Click the red Q&A widget

Helpful tools Click the gold question mark for help with technical issues Enlarge slides when needed Twitter Hash tag: #customerstrategy

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Agenda

2015 Digital Marketing Trends

Mastering Marketing ROI

Ask the Experts

Audience Q&A

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2015 Digital Marketing Trends

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© Copyright Ovum. All rights reserved. Ovum is an Informa business.6

Market Development and Forecast

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© Copyright Ovum. All rights reserved. Ovum is an Informa business.7

Attributes of ‘The Conversational Wave’

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© Copyright Ovum. All rights reserved. Ovum is an Informa business.8

Industry Sector Maturity Model

“Digital marketing is over…it’s almost dead” Marc Pritchard, Global Brand Building Officer, P&G

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© Copyright Ovum. All rights reserved. Ovum is an Informa business.9

The ‘Onion Ring’ of Trends to Watch

Digital transformation

Customer Data

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Enabling technologies: efforts to join up technologies in Marketing, Operations and Customer Services

JUST STARTING26%

IN PROGRESS65%

ADVANCED9%

IN PROGRESS3%

ADVANCED65%

COMPLETE32%

2014 2018

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Customer Journeys and Customer Experience management

Map customer journeys

Identify content

Set behavioural & event triggers

Engage across channels Enrich profiles

Score customers &

prospects

Test and iterate

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© Copyright Ovum. All rights reserved. Ovum is an Informa business.12

Strategic vision: customer communications in 2018

2018

2014

Digital Platform

Development

Multi-channel

Communications

Personalised

Multi-Channel

Communications

COMMS

STRATEGIES

TECHNOLOGY

TACTICS

Embrace online

Technology investments &

Resourcing choices

Marketing / Sales

/ Service Data Integration

Mobile & Social

enablement

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© Copyright Ovum. All rights reserved. Ovum is an Informa business.13

Measuring Marketing: Balanced Scorecard Revisited

Learning & Development

Business Processes Customers ROI

Strategic (Conversational) Marketing Tactical (Digital) Marketing

Kaplan & Norton

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© Copyright Ovum. All rights reserved. Ovum is an Informa business.14

Marketers: Q. What’s your mission? A. Market orientation

Customer

Internal

Competitors

Slater & Narver

= Long term

profit focus

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Mastering Marketing ROI

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Digital transformation starts with data

Mastering Marketing ROI

• Set the foundation

• Reduce anonymity among prospects and customers

• Integrate first- and third-party data

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Mastering Marketing ROI

What’s happening today: 2014 is the year of rapid innovation

• Search segmentation

• Login redirects

• Differentiate messaging for returning versus new visitors, current customers versus prospects

EXAMPLE:Internet service provider staves offpotential churn before customers leave.

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Mastering Marketing ROI

What’s happening today: Display replaces email for outreach

• Find high-value but inactive customers online

• Engage at relevant moment of interest via display

• Generate more effective ROI

EXAMPLE:Enterprise B2B Technology advertiser increases engagement with post lead display to high value pipeline.

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Mastering Marketing ROI

What’s happening today: Bring sales and marketing together

• Leverage Data across channels to personalize engagements

• Interactions move seamlessly across channels

• Align internal operations and goals to match customer experiences

EXAMPLE:Financial Services firm creates customized offline engagements based on online device preference and realizes 200%+ increase in conversion rate.

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POLLHow aligned are your internal operations to match customer experiences?

• Two ships in the night – totally unaligned

• Accidental success – Somewhat aligned

• Tightly woven -- Very aligned

• Peas in a pod – Completely aligned

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ConversationAsk the Experts

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Ask the Experts

How can marketers and organizations adapt as the offline and online worlds continue to blend together?

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Ask the Experts

Which future trends are you most excited about?

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Ask the Experts

How is Marketing affected as companies become more customer-centric?

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Ask the Experts

What’s are some “do’s and don’ts” in marketers’ quest to make the ROI connection in the digital age?

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Ask the Experts

How can marketers balance the short-term pressure for results with long-term customer-focused strategy?  

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Keep the conversation going

• Download “Top Considerations for Mastering Digital Marketing ROI”

• Subscribe to the Customer Strategist Journalhttp://bit.ly/CSjournal

• Follow us on social media• @CustStratEditor• @WebMetro• @PeppersRogers• @TeleTech• @GerryBrown

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Audience Q&A

Elizabeth [email protected]

@CustStratEditor | @PeppersRogers

Michael [email protected]

@webmetro

Gerry [email protected]

@GerryBrown