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How to Win your Customer with Predictive Analytics Mark van Rijmenam June 1, 2016

How to Win Customers with Predictive Analytics

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Page 1: How to Win Customers with Predictive Analytics

How to Win your Customer with Predictive Analytics

Mark van RijmenamJune 1, 2016

Page 2: How to Win Customers with Predictive Analytics

Mark van RijmenamFounderDatafloq

PhD Candidate at UTSInt’l Big Data Strategist

Author Think Bigger

Page 3: How to Win Customers with Predictive Analytics

Accelerated Change is the only Constant

Page 4: How to Win Customers with Predictive Analytics
Page 5: How to Win Customers with Predictive Analytics

World’s 2nd most valuable retailer has no inventory

World’s largest taxi company has no taxis

World’s largest movie house has no cinemas

Largest phone company has no telecom infra

The Data Disruption Is Happening Everywhere!

Page 6: How to Win Customers with Predictive Analytics

Common Denominator: Data & Algorithms

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Intuitive Artificial Intelligence: AlphaGobeats Lee Sedol 4-1 in the game Go

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Algorithms will be our boss, our copywriter, our assistant and customer service

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Associated Press uses algorithms instead of analysts to write financial reports

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Deep Knowledge Ventures has given an algorithm a seat in the board of directors

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Say Hi to Facebook Messenger Bots –Customer Service of the Future

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From Big Data to Mixed Data

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More insight with data of billions of social media profiles

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Nestlé monitors 2000 brands in real-time and communicates with customers 24/7

Page 15: How to Win Customers with Predictive Analytics

The Quantified-Self: valuable datasets through wearables

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The Nike+ platform delivers valuable customer insights through wearables

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Customer sales and demographics data

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Add location data to know who’s where and when

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The objective: combine all data sets and use predictive analytics to know customer

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Insights instakeholders

Personal PR & marketing

campaigns

The result: N=1: Personal Communication

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What are things you can predict?

churn sentiment support

type CLV sales

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Walmart: personalized marketing on another level…

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TheSocialGenome

Source:Vint Sogeti

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Scan and Go: predict shopping lists and target customers in real-time in the store

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The Customer cannot becomethe victim of Big Data…

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4 ethical guidelinessimplicity, transparency, security & privacy

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Any organization can and will be hacked; if you are not hacked, you are not important

enough

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Data + Algorithms + Personalization + Privacy + Security = Customers for Life

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Thank you

@vanRijmenam

https://datafloq.com

Available via Amazon