kpis, roi, metrics & marketing performance€¦ · kpis, roi, metrics & marketing...
TRANSCRIPT
"State of Marketing," Salesforce Research, December 2018
B2B Marketing: Data Access Across Org. / Customers
More Customer
Data Sources Up
the Ante for Identity
Resolution
Marketers Continue
to Strive for Real-
Time Consumer
Engagement
Marketing is at the
Center of
Connecting
Customer
Experiences
Customer expectations at all-time highs and marketer’s leading on meeting them
"State of Marketing,” Salesforce Research, December 2018.
* “State of the Connected Customer,” Salesforce Research, June 2018.
Marketers at the Center of Connecting Customer Experience
Percentage of Marketers Who Are Completely Satisfied with Their Ability to Create Personalized Omni-channel Customer Experiences
80%of customers say the
experience a company
provides is as important as
its products and services*
1.8XMore likely for high-
performing marketers
vs. underperformers
to lead customer
experience initiatives
across the business
High Performers
Moderate Performers
Underperformers
31%
45%54%
High Performers
Moderate Performers
Underperformers
57%
26%
6%
High Performers are 9.7X more likely than underperformers to
be completely satisfied with their ability to create personalized
omni-channel customer experiences.
More Customer Data Sources Up the Ante for Identity ResolutionMarketers turn to abundance of data to better understand customers
"State of Marketing,” Salesforce Research, December 2018
Most Common Technologies Used for Customer Identity Purposes
Marketing database
Customer relationship management (CRM) system
Email service provider (ESP)
Data management platform (DMP)
Customer data platform (CDP)
1
2
3
4
5
6
7
Homegrown solution
Marketing automation platform
Median Number of Data Sources
Used by Marketing Organizations
10
12
15
2017 2018 2019
25%YoY increase
from 2018
to 2019
It’s a Fragmented Marketing World
Marketer
PAID DIGITAL ADS
PAIDTRADITIONAL ADS
PROGRAMMATICADS
AGENCY REPORTING
EMAIL, MOBILE, SOCIAL
WEB ANALYTICS SALESCRM, LOYALTY.
SERVICE
MULTIPLE GOALS, CAMPAIGNS, CHANNELS, AND TECHNOLOGIES
MULTIPLE REGIONS, BUSINESS UNITS, PRODUCTS
What is
our ROI?
Where should
we spend
next?
Top Marketing Priorities
"State of Marketing,” Salesforce Research, December 2018
Marketers Strive for Real Time Engagement Across Channels
Engaging with customers in real time
Optimizing the marketing mix
for best return
Modernizing tools and technologies
Creating a shared, single view of customers
across business units
Unifying customer data sources
1 Engaging with customers in real time
Adopting and effectively using
new marketing technologies
Budgetary constraints
Creating a shared, single view of customers
across business units
Creating a cohesive customer journey across
disparate channels and devices
Top Marketing Challenges
2
3
4
5
1
2
3
4
5
28%of marketers are
completely satisfied with
their ability to engage
customers across channels
at scale
Marketing Requires Constant Optimization
Earned Social
Content Marketing
CRM
Paid Social
Online Ads Programmatic Blog
PPC POS Surveys
Social ListeningeCommerce
Website Mobile
PR
Radio,TV & Print
AUDIENCE C
-4%CTR
VIDEO A
+63% CONVERSION
CAMPAIGN B
+15%REVENUE
RETENTIONPURCHASECONSIDERATIONAWARENESS ADVOCACY
+
So, where do I start?
1. Unify
data
2.
Connect
data
sources
3. Real-
time
insight
Marketing
Intelligence
1. How do you start to identify data integrity?Key questions for discussion
● What is data integrity?
● Who is doing it?
● Who or what is required?
● What are the main challenges?
● What is it worth to the business?
Key takeaways for data integrity
● Start collecting and understanding your data
● The combination of accuracy, completeness, readiness, depth, breadth,
standardisation, latency and compliance
● You don’t need to have it all right (except compliance!)
● Visibility over your data is critical
Collect and unify
2. What is the danger of siloed KPIs?Key questions for discussion
● Who has conflicting KPIs in their business?
● Do you have access to other department KPIs?
● What are conflicting and what are complementary KPIs?
● Are all metrics KPIs?
Key takeaways for KPI setting and metrics measurement
● KPIs are only valid in context of other metrics
● Not all metrics are KPIs
● Connect data to identify conflicting and complementary KPIs
● Use conflicting KPIs to facilitate discussion
● Leverage complimentary KPIs to deliver business growth across the
organisation
Connect, visualise and drive insight
Acknowledge that data maturity is a journey and your data will evolve
Steps for success
1. Unify your data
a. Start collating and understanding what you have
2. Connect and visualise
a. Facilitate discussion
3. Identify insights
a. Conflicting and complementing KPIs for a comprehensive measurement
framework