Defining the Customer Data Activation Platform (CDAP)

There are some things about data that we can say with absolute certainty. Things like, it’s complex, its key to decision-making, it’s increasing at an unprecedented rate. And, for most of us marketers: we’re not utilizing data to its full potential. We’re not even close.

While we gather loads of information about our customers and prospects from across all the channels through which they engage with our brands, that data is disconnected and dormant. Most of us are far from having a true view of who customers are, their interests, or their intentions. And using data to glean actionable insights in a timely manner to better engage customers? That’s for marketing teams with endless resources.

The problem lies in current martech stacks and processes that place channels at the center, rather than people. We build campaigns for paid media, email, SMS, and so on, in the hopes of catching interest, but because every channel has only a partial view of our customer, the experience falls flat. But when we flip the order to focus on the customer and use deep, actionable intelligence to create cross-channel experiences around them, the output becomes much more valuable.

Marketers are starting to realize that current data systems―DMPs, CRMs, CDIs, MDMs etc.―can’t achieve this switch. To make sense of all the essential data that’s available and use it to deliver intelligent customer engagement across channels, marketers need a Customer Data Activation Platform.

What’s a CDAP (“SEE-dap”)?

In simple words, the CDAP helps brands deliver intelligent engagement on every touchpoint on the tools they already use, by activating a Full Circle View of their customers. It’s what makes 1:1 marketing at scale possible.

For example, let’s say you have 100 customers. Breaking that amount of people out into segments and marketing to them in a relevant and personal way is doable. You’d know each and every one of them by name, and you’d know their preferences by heart. But what happens when you have a few million? And what happens when those few million live across time zones and oceans? How can you market to millions of people effectively, 24/7, in a way that continues to feel as personal and relevant as it would if you only had 100 customers? Or, better yet, just one.

With a CDAP, no matter how many customers or touchpoints you have, you can be sure that each interaction is based on real-time customer insights, consists of the right content, and is happening at the exact right moment in the channel it’s most likely to drive action.

Data in, ROI out

In other words, the CDAP is a bridge between your siloed data and your execution channels. It’s the complete package of customer profiling, predictive intelligence, and automated decisioning.

The CDAP’s “secret sauce” isn’t much of a secret. It’s just really, really good, deeply integrated AI. Here’s a breakdown of how it works:

Level 1: Full Circle View

The first step to customer data activation is piecing together Full Circle, single customer profiles. These profiles capture the complete histories and real-time behaviors of each customer from their interactions across channels, devices, and systems. The CDAP creates these comprehensive profiles for each identifiable and anonymous customer and reconciles cross-device identities.

This level of customer profiling within the CDAP is a continuous, ongoing process that automatically updates each individual profile as interactions happen, meaning you always have the most up-to-date customer understanding.

Level 2: Predictive Intelligence

When you have millions of customers, you can’t look at each individual Full Circle profile to determine the next best actions. Instead, you need to automate the process of gaining insight into what each customer is likely to do, want, and respond to so that you can tailor marketing actions accordingly.

Predictive Intelligence taps into the auto-updated Full Circle View to derive actionable intelligence and inform marketing touchpoints for each customer. What’s more, its self-learning abilities continue to optimize marketing actions with feedback from each campaign activity. The CDAP’s pre-built―yet easily customizable―predictive modeling surfaces which customers are at key points in their customer journey with your brand and what will drive them to take the desired actions through the following:

“The WHO”: Predictive Segmentation connects you with customers at key decision points
“The WHAT”: Predictive Recommendations delivers content, products, and offers tailored to in-the-moment interests
“The WHEN”: Predictive Engage Time reaches customers when they’re most responsive
“The WHERE”: Predictive Channel-of-Choice finds them where they’re most receptive

Level 3: Automated Decisioning

Full Circle View and actionable intelligence create a great foundation, but that foundation can’t actually provide value until you do something with it. That’s why the last level of the CDAP, automated decisioning, is essential. This is what activates the real-time predictive intelligence from the Full Circle View and uses it to guide campaign execution and customer interactions across channels based on how customers are interacting with your brand.

Automated decisioning is also what lets marketers infinitely scale their campaigns by automating the millions of decisions that need to be made about which customers to engage and how to best engage them. And because the Full Circle View is constantly updating, so is the decisioning―meaning it doesn’t matter how often your customers change their tastes or their behavior; the CDAP continuously adapts the next best action accordingly. With the following capabilities, marketers can deliver the exact marketing actions that will drive each customer down the path to conversion:

Journey Flows: Create individualized, cross-channel, multi-stage, adaptive customer experiences.
Live Personalization: Personalize every customer interaction for in-the-moment relevance.
Audience Sync: Improve targeting effectiveness by messaging only the right customers across channels.

Put your data to work — not to sleep

One final thing that we can say with certainty is that when data is activated, it works for us. Plain and simple. When it’s properly utilized, marketers can connect to their growing customer base on a personal level and stay relevant. We can build brands that feel like trusted friends rather than impersonal salespeople. We can scale intelligent customer engagement and create marketing campaigns that break through the noise. And isn’t that everything we’ve been asking for?

But putting data to work is no simple feat. It requires 3 elements ― customer profiling, predictive intelligence, and automated decisioning ― working together, in unison, in real-time. That’s the CDAP.

Introducing the First-Ever Customer Data Activation Platform, Powered by Blueshift

We live in an always-on world where customers are increasingly interacting with brands across multiple touchpoints and “channels”. Not only have newer channels of engagement emerged, but more of the traditional broadcast channels have become “people addressable”. Ten years ago, we could not have imagined that banks would be engaging with customers over chatbots, or that TV advertising could be segmented and personalized. At the same time, traditional channels like email, SMS, direct mail, telesales and more have continued to stay relevant.

The Challenge of Intelligent Customer Engagement

Having so many people-addressable channels at their disposal gives brands the opportunity to drive true 1:1 Customer Engagement at scale. However, brands must overcome the challenge of delivering relevant and consistent messages on every touchpoint. This can be challenging with an ever-expanding set of tools and apps for each channel. Each of these channels and tools has a limited view of the customer, and that makes it challenging for marketers to intelligently engage customers. Common challenges include:

  • One-to-One: How can I personalize at a one-to-one level on each of these tools, merchandising the best offer or content for each customer at the right time?
  • Real-Time: How do I understand my customers and respond to them in real-time?
  • Cross-Channel: How do I deliver a consistent experience across touchpoints?

Without a complete view of customer data to aid these decisions, marketers often resort to simple batch-and-blast techniques that lead to irrelevance and incoherence across channels. How can brands escape a fragmented customer experience, or worse still, an experience that lacks any relevance to customers?

Activated Customer Data is the Glue

The problem lies in putting channels at the center of our processes rather than people. Marketers regularly build programs for paid media, email, and so on. But that approach means we’re always following (and attempting to catch up to) the customer. When we flip the order to focus on the customer first, the output becomes much more valuable. Customer data contains clues to customers’ intents and interests, but the data often lies dormant and disconnected from most channels. Activating this dormant data can help brands move from channel-centric to customer-centric.

In an always-on world, relevant customer engagement involves making millions of intelligent decisions in real-time, across multiple channels. Intelligent decisions that are made with a consistent view of customer data can help brands deliver a highly relevant and consistent experience for each customer. In other words, activated Customer Data is the glue that can make customer engagement relevant again. That is why I am excited about Blueshift’s launch of the Customer Data Activation Platform (CDAP) today.

Announcing the Customer Data Activation Platform (CDAP; “SEE-dap”)

The CDAP is a vision we have been working towards with our previous release, including AI-Powered Cross-Channel Journeys, Predictive Audience Syndications, and Live Personalization. Today, we released our App Framework that completes our vision. In simple words, the CDAP helps brands deliver intelligent customer engagement on every touchpoint on the tools they already use, by activating a full circle view of their Customer Data.

It’s not hard to imagine when and where a platform like this would be useful, but some key use cases include:

  • Personalize messages across engagement channels. Increase the relevance of messaging across online, offline, or proprietary custom built apps including email, mobile, direct mail, and chat
  • Increase paid marketing return on ad spend (ROAS). Identify high-intent customers through predictive modeling and keep them continuously updated in Google, Facebook, Twitter, Taboola, Linkedin, etc. through Blueshift Audience Sync.
  • Coordinate and optimize customer experience across channels. Trigger real-time, behavior-based messaging across customer touchpoints. Self-learning models optimize the journey flow.
  • Power CRM, analytics, and other systems with the latest user behaviors and dynamic segments. Automatically update and keep all your BI tools, analytics systems, CRM systems, and other technologies synced.
  • Streamline the customer experience across the full customer journey. Have customer service teams and messaging applications access a complete customer understanding and trigger real-time actions.

You can read the full press release here.

Winning through Data Activation

For years, brands have been investing in projects that help them “manage” data. While data management is a worthy goal, successful brands are more often defined by whether they can activate that data to drive intelligent customer experiences. Winners move beyond working for their data, and put their customer data to work for them.

Activating your customer data leads to a virtuous cycle for brands:

  • Customers interact with your brand and leave behind some first party data
  • Activating this data helps deliver personalized experiences
  • Personalization leads to trust with customers
  • The increased trust leads customers to interact more with the brand and share more data

This virtuous cycle of “data -> personalization -> trust -> more data” is the key to winning with today’s customers. In fact, a recent study by Blueshift and Techvalidate showed that the brands that activate more of their customer data also drive revenue success.

With the Customer Data Activation Platform, brands finally have the full set of tools they need for activating their customer data on every touchpoint with their customers.

170% Growth: AI-Powered Personalization Boosts Conversions for Hospitality Company

When it comes to travel accommodations, suites are the equivalent of flying first class. There’s a ton of space, comfort levels are high, and the amenities are endless.

Also like first class? The price tag. But a company called Suiteness aims to make this exclusive experience more accessible and wallet-friendly. Groups of four or more can use the service to book a luxury connected suites online for less, complete with a personal concierge for help with exclusive restaurant and club reservations, unique experiences — all the bells and whistles.

When their no-brainer offering hit the hospitality scene, Suiteness’ lean marketing team needed a way to deliver rich, timely, personalized end-to-end travel experiences as it grew and diversified its user base, partners, and markets. They turned to Blueshift.

Personalize, Automate, and Scale with AI

With the Blueshift platform, the Suiteness marketing team quickly built out core activation, conversion, and retention campaigns, including a Welcome Series, Abandoned Browse and Cart, and Member Reactivation. In other words, the entire customer engagement flow was re-imagined and executed successfully — all within a month.

The results? Outstanding.

“Thanks to Blueshift’s AI-backed platform, our content is more relevant to the consumer – this is evident in the 170% growth in conversions from email,” said Divya Mulanjur, Head of Email & Content Marketing at Suiteness. “I’m amazed how many customer programs we’ve been able to automate, optimize, and scale in a short time without needed to pull in other teams. The intelligence and recommendations have allowed us to understand our customers and speak to them on an individual level.”

Next Steps

With all their campaigns on autopilot, the Suiteness team was free to start re-focusing their collective brainpower on ideating and optimizing new experiences. Next on the list: using Blueshift’s other capabilities, such as geolocation, to recommend suites in nearby locations, and adding triggers and touchpoints.

Meanwhile, the company has been enjoying some well-deserved recognition for their Blueshift-powered email series, including:

Take an in-depth look at how Suiteness achieved success by downloading the full case study, or, if you’re ready to start investigating how AI might help grow your own marketing efforts, you can request a demo.

5 Predictions for AI in Marketing in 2019

 


Forbes – This article originally appeared on Forbes.


There’s no denying that artificial intelligence is rapidly moving from fiction to reality. In marketing, especially, interest in AI has intensified as marketers have realized the potential that intelligently harnessing the ever-growing streams of customer data has on transforming customer experiences.

AI has become increasingly important not only to marketers but to organizations as a whole in order to stay ahead in today’s dynamic market landscape. According to a recent MIT global survey of 600 executives, nine out of ten companies already use AI to improve their customer journeys. More importantly, 70% of those companies have seen it directly improve revenue. Netflix has projected that its AI-powered personalized recommendations save it $1B in revenue annually by avoiding canceled subscriptions through engaging customers with relevant content.

Fueling AI’s adoption has been marketers demanding to see — and receiving — proof that AI delivers what it promises. Early adopters have shown how AI in marketing makes them more efficient, productive, and effective by simplifying, accelerating, and scaling marketing initiatives while removing many complexities inherent in marketing today. Similarly, our recent benchmark analysis of 3.8B marketing interactions across channels and verticals found that AI-powered marketing campaigns increase customer engagement by 7x and revenue 3x by helping marketers be more targeted, more relevant in their content, and more effective with how they engage each individual customer.

Now, as we step into 2019, here are five predictions for what the year holds for AI in marketing.

 

1. AI will intelligently orchestrate the full customer journey. Marketers’ first venture into AI was at the top of the funnel for audience expansion and audience targeting. Moving forward, AI will increasingly power the full customer life cycle, from customer acquisition to engagement to retention. Forrester recently predicted that “more than 20% of marketing platforms will use AI to optimize midcycle engagement” for B2B marketing. That number will be far greater for B2C. Furthermore, AI will move from influencing just the edges of the customer experience, such as dynamic content insertion, to orchestrating its core.]

  • What this means for marketers: AI-powered decision engines can solve the increasingly complex customer journey by optimizing, personalizing, and guiding every aspect of customers’ self-guided journeys with your brand. Yet only solutions with AI at their core that can unify all incoming customer data and use its insights to orchestrate decisions in real time can achieve this.

 

2. CMOs will challenge their teams to scale, and it will happen through AI. As marketing organizations’ demands and revenue targets continue to grow, CMOs will place increasing emphasis on leveraging technology to meet those demands. CMOs will challenge their teams to run more campaigns, add more personalization, and diversify their strategies by being smarter with their resources. Marketing organizations will quickly realize the only technology that can effectively streamline and scale how they work is AI.

  • What this means for marketers: AI can be a partner that amplifies and accelerates your marketing strategies by automating and optimizing hyper-targeted, multi-stage, cross-channel marketing programs. Not only will this allow your team to move faster and produce more, but it will also enable you to find incremental opportunities for growth.

 

3. Marketers will get creative with how they use AI. As marketers begin to understand how AI can augment and amplify their efforts, we’ll see them leverage AI in innovative ways and start breaking status quo marketing practices. After the initial AI learning curve and period of laying the groundwork with strategy, processes, and people, marketers will start pushing the boundaries of their programs and experimenting with new strategies, taking a bigger leap every time.

  • What this means for marketers: Beyond offloading mundane marketing tasks to AI, embrace the opportunity to reimagine your customer engagement strategies. With AI, new campaign ideas can go live in no time without significant resources and be readily optimized and pivoted.

 

4. Marketers will fully embrace AI because it stops being black box. Marketers want control of their marketing programs and need to be able to explain their marketing investments. But the first generation of AI marketing asked marketers to take a leap of faith. That’s why the recent Business Insider Intelligence report found that “when asked to choose which trending technology they felt most unprepared for, 34% of global marketing executives chose AI.” The growth in AI in 2019 and beyond will be fueled by “explainable AI” in which marketers can see what factors influence predictions and can control the parameters that guide AI.

  • What this means for marketers: AI adoption will only accelerate, and it’s important to get started implementing AI now or risk falling behind and being leapfrogged in the future. Look for AI solutions that give you the level of control and the visibility into AI algorithms and workflows you need.

 

5. Marketing AI companies providing real ROI will emerge from the noise. Last year, Gartner analysts predicted that “by 2020, AI technologies will be virtually pervasive in almost every new software product and service.” We’re already seeing this prediction play out with a proliferation of marketing software providers — emerging and incumbent — adding AI to their product strategy and pivoting their messaging to claim AI capabilities. Yet not all marketing AI is created equal. This year, we’ll see more emphasis on separating real AI marketing solutions from fringe AI solutions. Gartner has already started helping marketers identify noteworthy AI solutions by introducing the first Cool Vendors report on AI for Marketing.

  • What this means for marketers: As the “AI” label becomes standard, marketers will find it increasingly challenging to identify real AI solutions capable of effectively solving their problems. Marketers will need to be more vigilant with testing vendors’ claims to weed out masked AI solutions.

 

Lastly, one final prediction to add to the mix:

2019 will be a pivotal year in which marketers finally realize the ROI of AI. We’ll see AI’s mounting, tangible benefits move it from hype to mainstream. Will 2019 be the year you embrace AI?

 


Download ROI of AI Marketing: 4 Levers for Cross-Channel Success


 

Getting Started with AI in Marketing

AI Marketing in Action: Best Practices for Getting Started with AI

After being heralded as “the next big thing” for years, AI has arrived, bringing with it the power to add game-changing leverage, focus and control to your marketing efforts. Of course, as with any new technology, the move to AI entails a learning curve, and its perception as a “black box” has left many unsure how to begin applying AI to their marketing strategies.

For those ready to embrace this truly transformational approach, AI puts the tools in marketers’ hands to harness a complete and constantly updating customer profile to engage with customers with incredible precision, relevance, effectiveness and speed. At the same time, it helps marketers be more efficient, productive and effective by simplifying, automating, and accelerating marketing workflows. In previous posts we explored how AI helps determine the right marketing actions for each individual customer at every step by continuously optimizing:

  • WHO are the right customers to target at any moment by using Predictive Audiences to determine customers who are ready to purchase, at risk of churning, ripe for upsell and more.
  • WHAT content will most likely influence each customer by using Predictive Recommendations to surface the most relevant offers, products or articles for each individual customer based on what they seek at that moment.
  • WHEN each customer will be most responsive by using Predictive Engage Time to optimize send times for when each customer is most likely to actually engage with your brand, not simply open a message.
  • WHERE is the channel they’ll be most receptive by using Predictive Channel-of-Choice  to adapt which channel to deliver the message based on their preferred channel in the current context.

And the numbers don’t lie; as our recent benchmark study found, compared with traditional marketing efforts AI-powered campaigns:

  • Drive up to 7X greater customer engagement and 3X revenue
  • Deliver 2X greater impact on engagement for mobile push compared to email
  • Achieve 50% lift as AI continues to accelerate engagement and impact and learning from customer interactions

 

PUTTING AI INTO ACTION: CONSIDERATIONS FOR SUCCESS

So how do we put AI into action? Like any successful initiative, getting results with AI begins with being clear about what you aim to accomplish and making sure you have the right people, processes, platform and implementation plan in place. Accept that there will be a learning curve, and begin by laying the foundation before you begin to scale.

 

  1. Be Clear About Your Desired Outcomes

It seems obvious in hindsight, but to succeed you need to be clear about what “success” actually means. AI doesn’t determine your strategy for you, but it can applied to any variety of marketing strategies. The end goal will determine how to incorporate AI across marketing activities, and which of the many metrics it delivers you’ll optimize to meet your desired outcome.

 

  1. Assess How AI Will Integrate With Existing Technologies and Workflows

AI can only accelerate your marketing efforts when it fits seamlessly into your existing technologies and processes. Look for AI partners that tightly integrate into your tech stack and ecosystem. Then, ensure AI is core of your efforts, not simply added at the margins. Many marketers treat AI as an “add-on” to their existing workflow, but that’s a recipe for mediocre ROI.

AI also needs to integrate into existing workflows. Begin by determining how AI will fit into your business processes, and identify the organizational gaps that must be addressed.

 

  1. Approach AI as a Cross-Channel Strategy

AI isn’t limited to a single channel or platform. Because AI connects data across channels, it allows you to turn your focus to delivering a holistic and highly focused cross-channel customer experience. Use AI as an opportunity to unify your cross-channel strategies and multiply their impact.

 

  1. Ensure AI and People Are a Partnership

AI’s purpose is to accelerate and amplify marketing activities. To do that, AI requires human guidance to make the right decisions; people bring context and that essential human touch. Outline the interplay required between your team members and AI, detailing the direction and input they’ll need to provide, and you’ll be on a much stronger footing to make the most of this transformational tool.

 

  1. Understand AI Is a Process

Every new tool and approach has a learning curve, and AI is a long-term play in which you must first crawl, then walk, before you are ready to run. If you begin with initially applying AI to a single, more basic marketing program and then ramp up gradually, you’ll have a solid groundwork to build upon. Because of AI’s self-learning, continuously improving capabilities, the sooner you start, the quicker you’ll reap the benefits of AI.   

 

  1. Think Big: AI Can Help Achieve Transformational Impact

AI enables you to orchestrate customer experiences with nuance and scale not possible with existing tools. While AI has the potential to truly revolutionize your marketing, it demands that you scale your imagination and your ambition accordingly. It’s an invitation to think outside of the bounds of your comfort zone, and to search out partners that can scale with your needs and help guide your own AI evolution.

 

THE TAKEAWAY

AI-powered marketing is the only way today’s marketers can effectively engage their large, diverse, and rapidly evolving customer bases. And now is the time to embrace it, as AI will quickly move from being a competitive advantage to being an essential, table-stakes tool. While the process of fully integrating AI into your strategy and workflow can seem daunting, the longer you put off AI, the longer it will take you to catch up with your competitors adopting AI today.

And know that there is no one-size-fits-all strategy for AI. Start small with a single-use case, and then scale up. You’ll quickly see that AI will not only cut down your manual tasks, infuse customer insights across your marketing activities and help you launch faster, but it will free you up to get back to the heart of marketing: Employing your creativity and your strategic intuition to craft next-level customer experiences.

For the full set of findings as well as real examples of marketers who have used AI to drive revenue by making better, faster decisions around the “Who, What, When & Where” of cross-channel marketing, download The ROI of AI in Marketing: 4 Levers for Cross-Channel Success.

 


Download ROI of AI Marketing: 4 Levers for Cross-Channel Success


 

ROI of AI Marketing - Artificial Intelligence helps marketers know the right channel and the right time to send messages to each individual

AI Marketing in Action: Delivering Perfectly Timed Content on the Right Channel Improves Engagement 4X

Consumer attention is getting scarcer. We are all increasingly connected across multiple devices on which we are bombarded with near-constant messages, notifications and ads. In this hyper-saturated environment, how do you stand out in customers’ inboxes and across channels?

While you invest significant resources to create rich content and experiences tailored to specific customers, if your message is delivered at the wrong moment or context, it’s a wasted opportunity. And in today’s lightning-fast marketplace, opportunities are the last thing you can afford to waste. Timing and channel can’t be an afterthought.

But as engagement and sales are no longer limited by time of day or to any one device or channel, how can marketers determine the optimal time and channel on which to engage each customer as they switch fluidly between a growing number of devices and channels throughout the day?

Optimizing send times has long been standard practice for marketers. Traditional send time optimization requires manually analyzing historic trends and running A/B test campaigns at various times of day to determine optimal send times. But there are problems with this approach. For one, it treats your customer base as a uniform group and neglects the dynamics of today’s always-on, mobile, multi-device consumer. More importantly, it focuses on optimizing for opens, rather than downstream actions that drive revenue, such as website engagement and conversions.

If you’re not learning from customers’ behavior patterns as they use different devices, apps, and channels for different purposes at different times of the day, you’re taking a guess as to how to best engage with them. Can you afford to do that?

Fortunately, AI is here to help.

AI empowers marketers with incredible leverage, helping them better engage customers across every channel. By generating insights from every aspect of customers’ behavior and previous engagement with the brand, it makes precise recommendations as to how to engage with them depending upon your desired outcome.

It optimizes WHO marketers should be targeting, selects WHAT content they engage with, WHEN to engage with them and WHERE is the best channel. This “AI Marketing in Action” series explores AI’s impact on these 4 Levers of cross-channel marketing and quantifies its impact on each lever. Our findings are based on a recent benchmark study that analyzed 3.8B marketing interactions from campaigns across various channels and verticals.

In our last posts, we explored how AI helps you determine WHO are the right customers to target and WHAT is the best content to bring customers at any moment for each of your customer strategies. Now, we’ll explore how AI helps determine WHEN and WHERE customers see that content.



AI-POWERED PREDICTIVE ENGAGE TIME AND PREDICTIVE CHANNEL-OF-CHOICE

Predictive Engage Time and Predictive Channel-of-Choice work in close partnership to ensure that your messages get noticed and acted upon.

Today’s perpetually connected customers are much more likely to have many frequent bursts of activity around the clock than a recurring habit of opening their emails at certain times of day or clicking onto sites or apps at specific hours. Unlike traditional Send Time Optimization, Predictive Engage Time Optimization uses AI to examines campaign clicks, website browsing behavior, total engagement time, engagement depth and transactions to determine windows of time in which each user is most likely to engage. From analyzing the full downstream activities, AI identifies and optimizes send times to when each customer is most likely to engage with your brand, not simply open a message.

Predictive Channel-of-Choice steps in to determine the best channel to engage your customers. It similarly uses AI to learn on which channel each individual customer is most likely to engage at a given moment by performing an ongoing, deep analysis of customer engagement and transaction behaviors. As campaigns run, it automatically adapts the channel on which each customer receives your message accordingly.

SHOW ME THE FACTS

Of course, these optimizations aren’t of much use if they don’t provide real-world ROI. Our recent benchmark study found that Predictive Engage Time drives 3X engagement over email and nearly 5X over mobile push. Why the significant lift? Because research shows users prefer to engage deeply at certain hours of the day, while casually browsing throughout others. Adapting individual send times to when users are most likely to engage in downstream activity pays off in real-world results.

Beyond that, combining Predictive Audiences with Predictive Engage Time drives up to 3.8X over email and 7.2 over mobile push.

 

THE BOTTOM LINE

With Predictive Engage Time and Predictive Channel-of-Choice, marketers can ensure that their messages capture customers’ attention without their constant monitoring. Their messages are continuously optimized to reach each individual customer at the moment and channel where they are most likely to take action. And that translates directly into engagemnt and revenue.

 

For the full set of findings, as well as real examples of marketers who have used AI to drive revenue by making better, quicker decisions about the “Who, What, When & Where” of cross-channel marketing, download The ROI of AI in Marketing: 4 Levers for Cross-Channel Success.

 


Download ROI of AI Marketing: 4 Levers for Cross-Channel Success


 

The ROI of AI - understand the 4 levers to create ROI from AI in Marketing. This blog post talks about WHAT to send using predictive recommendations.

AI Marketing in Action: Delivering More Relevant Content with Predictive Recommendations Increases Engagement Up To 5.7X

We’ve all experienced the power of uniquely tailored, relevant content and recommendations. Top-tier platforms such as Netflix, Amazon and Spotify utilize powerful content and product recommendation engines to create the kind of seamless, delightful user experience that keeps customers coming back again and again.

Most of us, however, don’t have access to tools as sophisticated as those of Amazon, Netflix or Spotify. Yet, we still want to provide our customers with useful, relevant, actionable information that simplifies their purchase decisions. But exactly WHAT that information is constantly changes throughout the customer journey. This makes selecting the content, products, and offers which will “break through” a very difficult and fast-moving target. Multiply that by your number of customers and potential touchpoints, and you’ll see that choosing content for each customer interaction quickly becomes next to impossible.

Of course, there are tools to help personalize content. Recommendation systems and content optimizers have existed for years now, but they are typically based on manually entered rules and inflexible templates. They are also driven largely by marketers’ hypotheses about what would resonate with their customers rather than what customers’ behaviors, interests and lifecycle stages reveal. Consequently, they don’t keep pace with today’s rapidly changing consumers.

And as we all know, irrelevant content is the #1 reason consumers disengage with brands. Can you really afford to base your revenue on guesswork?

That’s where AI is here to help.

AI helps marketers work smarter, faster, and more intuitively as they engage customers along their customer journey. It does so by optimizing WHO marketers should be targeting, selecting WHAT content they engage with, WHEN to engage with them, and WHERE is the best channel. This “AI Marketing in Action” series will explore AI’s impact on these 4 Levers of cross-channel marketing and quantify its impact on each lever. Our findings are based on a recent benchmark study that analyzed 3.8B marketing interactions from campaigns across various channels and verticals.

Our last post explained how AI helps you determine WHO are the best customers to target at any moment for each of your customer strategies. Now, we’ll explore how AI helps determine WHAT those customers see.



AI-POWERED PREDICTIVE RECOMMENDATIONS

Predictive recommendations surface the most relevant content—be it an offer, a product, an article—for each individual customer at a given moment. It ensures every message you deliver is unique and personalized to what each customer seeks at that stage of their journey with your brand.

It does so by analyzing—in real-time—a complete view of user profile, interest and behavior data in relation to your brand content. It then continuously tests itself, self-learning with every customer interaction and optimizing content for revenue-generating actions.

How much work is this for me? With Predictive Recommendations, you simply guide each message’s content by setting basic parameters and defining whether to base content on user actions, their affinities, other customers’ purchases and browsing behaviors, or relevant trending items.

The recommendation engine picks up from there, pulling together all user behavior event-streams from sites, apps and other sources as well as historic CRM data and your brand’s content and product information. AI then continuously analyzes the dynamic relationship between your users’ product interactions, historic brand engagement, and latest customer activity across multiple channels. As each campaign runs, AI selects the most relevant content for each customer based on their current context, crafting individualized messages for each of them without your having to lift a finger.

SHOW ME THE FACTS

Having an Amazon, Netflix, or Spotify-grade predictive recommendation engine to optimize your content is a real bonus, but let’s not forget where the rubber hits the road: ROI. And the numbers don’t lie: Our recent benchmark study found that Predictive Recommendations drive a 2.5X – 5.X lift in engagement. “

Predictive Recommendations also drive nearly 3X revenue relative to their use in the marketing mix.

THE BOTTOM LINE

With Predictive Recommendations, marketers can listen to customers’ needs, reply with the relevant, actionable content customers seek, and stop wasting critical opportunities to connect. More importantly, making your customer communications truly 1:1 not only improves your relationship with customers but also drives incremental ROI.

For the full set of findings, as well as real examples of marketers who have used AI to drive revenue by making better, quicker decisions about the “Who, What, When & Where” of cross-channel marketing, download The ROI of AI in Marketing: 4 Levers for Cross-Channel Success.

In upcoming blog posts we’ll explore AI’s impact the remaining two levers of marketing:

  • “The When” with Predictive Engage Time: Optimize the delivery of the campaigns to the times when each individual customer is most likely to engage
  • “The Where” with Predictive Channel-of-Choice: Deliver the campaign on each individual customer’s channel-of-choice

 


Download ROI of AI Marketing: 4 Levers for Cross-Channel Success


 

The ROI of AI in Marketing requires understanding WHO to target and segment with the help of predictive audiences and segmentation

AI Marketing in Action: Selecting Who To Target with Predictive Audiences Increases Conversions 28%

Marketing success starts with identifying the right customers to target for each customer strategy and marketing campaign. But what does that process look like for you today? Do you define customer segments based on specific demographic and behavioral parameters, pass the requirements over to your data team and then wait a week, or two, or more to get back customer lists before launching campaigns? Then, how often are your lists refreshed?

While you wait for your customer lists, your customers may churn, purchase from your competitor or simply lose interest in your brand because you failed to engage them. By the time you have your lists, a portion of customers may no longer even fall into those segments. In today’s world of fleeting attention you can’t afford to wait around. You have to get ahead of your audience. But how do you determine if customers engaging (or not engaging) with your brand today are simply browsing, looking for more information or are ready to convert? How can you tell if they are thinking of churning or are ripe for upsell?

That’s where AI is here to help.

At its core, AI helps marketers be smarter and faster about how they engage customers along the customer journey by optimizing WHO they should be targeting, with WHAT content, WHEN to engage them and WHERE is the best channel. This “AI Marketing in Action” series will explore AI’s impact on the 4 Levers of cross-channel marketing, the “Who, What, When & Where,” and quantify its impact on each lever based on a recent benchmark study that analyzed 3.8B marketing interactions from campaigns across channels and verticals. Lets begin by exploring AI’s impact on the WHO.



 

AI-POWERED PREDICTIVE AUDIENCES

AI helps you determine who are the best customers to target at any moment for each of your customer strategies by translating a holistic view of your customers – all the historic data as well as real-time behaviors – into actionable customer scores.

How involved is this process? You simply define your desired goal – such as driving first purchases – and AI algorithms surface the best customers to target. Each customer’s likelihood to respond is scored based on a complete customer view – including their profile, product interactions, historic brand engagement and their latest customer activity across channels. Scores continuously update and are immediately ready to use across campaigns.

Bonus points: You have full visibility into the attributes that influenced the score. You can also see the performance of predictions before using them in your campaigns.

SHOW ME THE FACTS

The real question boils down to: do Predictive Audiences achieve higher ROI than rule-based, static segmentation? Analyzing customers who used both approaches the answer is,