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Customer Value Maximization

Customer Value Maximization
Challenges with Customer Engagement

                         Audience
   Data                 Fragmentatio
                             n




               New
             Channels
                                       Laborious
                                                              Old            New
                                                          • Mass Media    • Addressable
                                                                            Media
Social Media            Demanding
                        Consumers                         • Applied
                                                            Creativity    • Applied Science

          Accountabil                                     • Fuzzy
              ity
                                       Devices                            • Precise Analysis
                                                            Measurement

                                                          • Test Panels   • Predictive Models
Technology                Privacy




                            Customer Value Maximization                      Source : Forrester Research – EMM 2009
Marketing Today : Less ART more CRAFT
Left brain approach : Analytical strategies grounded in deep audience
knowledge
Integration : Marketing mix orchestrated around customer segments

Common processes : Six Sigma for efficiency and quality assurance

New tactics: Pull not Push

Inbound: Identify opportunities when customer visits a touch point

Event-triggered and sensory: Respond to changes in customer
behavior; sense need
Measure results with Finance : One method --not 1000 Excel files

              Customer Value Maximization               Source : Forrester Research – EMM 2009
What is Customer Value Maximization

             Demonstration of value
            maximization using metrics




                            From all customer impacting initiatives that are measurable –
                              your analytical, direct and interactive marketing programs




    Leveraging our extensive process, analytics, creative and
             technology knowledge and capability                             Deployed using the Xerago
                                                                              Engagement Framework




                    Remarkable proof points for some of the
                         largest brands in the world.


                   Customer Value Maximization
Customer Value Maximization
                                                                                                                           Feedback Loop

   Analytics                              Creative                       Technology
Campaign Management                  Adobe Air / Flash / Flex           Unica
Sales Force Automation               Silverlight                        Omniture
Event Based Marketing                Widgets                            CoreMetrics
Customer Lifetime Value              Mobile Portals                     Interwoven, Vignette
Call Center Solutions                Enterprise Portals                 Joomla
Segmentation / Churn Models                                             Jive SBS
                                                                        SalesForce.com




                                                                                                                         -Page Views
                                            Process
                                                                                                                         -Clicks
                                                                                                                         -Leads
                                                                                                                         -Sign-ups




                                                                                               Measurement / Reporting
                                                                                                                         -Open Rates
                                                                                                                         -Bounce Rates
                                                                                                                         -Active Moderators
                                                            Analytics




                                                                                                                         -Delivery Rate
                                                                                                                         -Revenue / Order
                                                                                                                         -Hours / Campaign
                                                                                                                         -# Days Active
                                                                                                                         -Video Views
                                                                                                                         -Usage
                                                                                                                         -Service Queries
                                                                                                                         -Cross-Sell
                                                                                                                         -Referral
                              Customer Value Maximization
Deployed using the Xerago Engagement Framework




X-ray your
Analytical,
Direct and       Evaluate how
Interactive      effectively your    Realize
Marketing        Marketing           opportunitie   Augment
Programs to      Programs meet       s for short    customer
ascertain your   goals and           term value     behavior
current          objectives          maximizatio    measurement
customer         using our           n by re-       capability, if
challenges and   Customer            architecting   necessary, to    Grow business
objectives       Value               specific       ensure           value,            Outsource ongoing
                 Assessment          marketing      objective        demonstrating     management of your
                                     initiatives    demonstration    measurable lift   marketing programs,
                                                    of value         with a specific   continually
                                                    increase         project /         maximizing business
                                                                     initiative        value



                     Customer Value Maximization
Events triggered. Value maximized.
                                                                   Customer Value Maximization using

                                                                    Process       Analytics        Creative      Technology

  A consumer bank with 50                                          Running Analytical Marketing Programs for the Bank for 6 years
     million customers, a
    sophisticated user of                   Xerago designed 40
   campaign management                  triggers and managed the
                                           delivery of customer
                                               interventions




          Assessment revealed
          opportunity for event                    Response rates
            based marketing                     ranged between 10%
                                                 and 60% - ROI in 30             Xerago is now deploying
                                                        days                     200 marketing triggers –
                                                                                largest implementation in
                                                                                         the world


                  Customer Value Maximization
Campaigns automated. Value maximized.
                                                                  Customer Value Maximization using

                                                                   Process       Analytics        Creative      Technology
  A large Loyalty Company                                         1000 campaigns. 200% increase. 25 million emails per run.
   in Europe with over 50
    million members was                 Xerago set up campaign
      running complex                   management platforms
  campaigns to members                   and provides ongoing
                                        support and guidance to
                                          manage campaigns




          Assessment revealed
             huge process                              Campaign
            overhead due to                      Management is now
          manual interventions                   fully automated and
                                                 velocity has gone up           Ongoing campaign
                                                  200% without any              velocity increase is
                                                increase in headcount           happening through
                                                                               further intervention


                  Customer Value Maximization
Customer experience improved. Value maximized.
                                                                     Customer Value Maximization using

                                                                      Process       Analytics        Creative      Technology

     A Consumer Internet                                             Category defining customer experience . Customers love it.
  company, the leader in its
   category saw plateauing                Xerago revamped the
             sales                          entire customer
                                        experience and simplified
                                          customer interaction




          Assessment identified
           need for customer
               experience                        With the same inbound
         improvement on portal                    traffic, daily revenues
                                                 went up by 28% within 3           Xerago subsequently did
                                                      days of launch               a similar revamp for 300
                                                                                    other portals from the
                                                                                        same company


                   Customer Value Maximization
Search Advertising organized. Value maximized.
                                                                        Customer Value Maximization using

                                                                         Process      Analytics       Creative    Technology
      A large Consumer
       Internet services                     Xerago re-organized theSame SEM budgets. Lesser work. More leads. More revenues.
   company was one of the                 account, figured out that only
   largest Google Adwords                   1.8 million keywords were
  advertisers in the country              needed, automated keyword
                                           management and optimized
                                                  the campaign




         Assessment revealed that
              with 2.5 million
         keywords, the advertising
          while effective was sub-                Within 26 weeks, for the            With visibility of keyword,
                  optimal                          same ad spend, client              ad group and advertising
                                                  saw response lift by 12%            effectiveness increasing,
                                                                                        Xerago is continually
                                                                                      maximizing ROI from ad
                                                                                                spend


                    Customer Value Maximization
Portal yield generated. Value maximized.
                                                                     Customer Value Maximization using

                                                                      Process       Analytics        Creative       Technology
  The eBusiness arm of one                                           Same portal. 30% increase year on year, six years in a row….
    of the largest financial
   institutions in the world                     Xerago set up a framework to
   was a sophisticated user                       measure effectiveness of all                   Xerago continues to
    of Interactive channels                       content changes as part of a                    derive more yield
                                                        portal revamp                           from the portal every
                                                                                                   passing month




        Assessment showed that
       value from channels could                   Direct revenues from BillPay,
      be increased through better                      Remittances and Alert
       management of the portal                   subscriptions, lead acquisition,
                                                   and Cost-save initiatives like
                                                    Statement on email, Online
                                                 Banking sign-ups have increased
                                                         month on month


                   Customer Value Maximization
Social Media monitored. Value maximized.
                                                                      Customer Value Maximization using

  One of the world’s largest                                           Process       Analytics       Creative      Technology
   Consumer Technology                                                1000s of conversations. 100s of campaigns. One Dashboard.
   brands has a challenge
  engaging with customers                          Xerago aggregated web
   because sales are done                          analytics data and social                       Xerago continues to
     through channels                            media conversations to set up                      derive increasing
                                                    a customer dashboard                            levels of insights
                                                                                                    month on month




     Client recognized that given
     brand salience, there was a                    Marketing team was able to
    huge amount of conversation                  correlate spends to response, gain
    on social media which could                       insights into biases and
       serve as a weather vane                    perceptions and optimize spends




                   Customer Value Maximization
Portal content managed. Value maximized.
                                                                    Customer Value Maximization using

                                                                     Process        Analytics        Creative       Technology
  One of the largest banks
  in the world had country                                          Millions of changes. 100s of stakeholders. Center of Excellence.
   specific and LOB sites –
    each reaching 100s of                          Xerago set up a process to
                                                                                                      Six sigma level of
         web pages.                                  simplify and optimize
                                                                                                        excellence in
                                                   content flow and managed
                                                                                                     deliveries covering
                                                           the same.
                                                                                                     almost 10 countries
                                                                                                      and 15 languages.




          Content needed to be
         managed across multiple
                                                  Businesses across many countries,
        portals, multiple countries,
                                                  were confidently able to load huge
         with complex workflow.
                                                    volumes of changes with full
                                                 confidence that the queue would be
                                                  managed effectively and smoothly.




                   Customer Value Maximization
Xerago knowledge and capabilities
  Xerago’s analytics, creative and technology knowledge and capability
  encompasses some of the leading platforms in the world.




                                                                         Analytics
                                                                         Creative
                                                                         Technology
              Customer Value Maximization
About Xerago

  6 year old firm, managed by seasoned veterans in marketing, analytics,
  creative, interactive media and technology

  Physical offices in Chennai, London, Mumbai and Singapore

  Services delivered by skilled resources using cutting edge technology

  Over 100 resources in house and growing every day

  World-leading and Custom developed technology platforms

  Secure environment – meeting highest Infosec standards

  Work offshore. Or over VPN directly on remote servers without physically
  moving data out of client data centers.

  Clients include some of the largest brands in the world

               Customer Value Maximization

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Customer Value Maximization

  • 2. Challenges with Customer Engagement Audience Data Fragmentatio n New Channels Laborious Old New • Mass Media • Addressable Media Social Media Demanding Consumers • Applied Creativity • Applied Science Accountabil • Fuzzy ity Devices • Precise Analysis Measurement • Test Panels • Predictive Models Technology Privacy Customer Value Maximization Source : Forrester Research – EMM 2009
  • 3. Marketing Today : Less ART more CRAFT Left brain approach : Analytical strategies grounded in deep audience knowledge Integration : Marketing mix orchestrated around customer segments Common processes : Six Sigma for efficiency and quality assurance New tactics: Pull not Push Inbound: Identify opportunities when customer visits a touch point Event-triggered and sensory: Respond to changes in customer behavior; sense need Measure results with Finance : One method --not 1000 Excel files Customer Value Maximization Source : Forrester Research – EMM 2009
  • 4. What is Customer Value Maximization Demonstration of value maximization using metrics From all customer impacting initiatives that are measurable – your analytical, direct and interactive marketing programs Leveraging our extensive process, analytics, creative and technology knowledge and capability Deployed using the Xerago Engagement Framework Remarkable proof points for some of the largest brands in the world. Customer Value Maximization
  • 5. Customer Value Maximization Feedback Loop Analytics Creative Technology Campaign Management Adobe Air / Flash / Flex Unica Sales Force Automation Silverlight Omniture Event Based Marketing Widgets CoreMetrics Customer Lifetime Value Mobile Portals Interwoven, Vignette Call Center Solutions Enterprise Portals Joomla Segmentation / Churn Models Jive SBS SalesForce.com -Page Views Process -Clicks -Leads -Sign-ups Measurement / Reporting -Open Rates -Bounce Rates -Active Moderators Analytics -Delivery Rate -Revenue / Order -Hours / Campaign -# Days Active -Video Views -Usage -Service Queries -Cross-Sell -Referral Customer Value Maximization
  • 6. Deployed using the Xerago Engagement Framework X-ray your Analytical, Direct and Evaluate how Interactive effectively your Realize Marketing Marketing opportunitie Augment Programs to Programs meet s for short customer ascertain your goals and term value behavior current objectives maximizatio measurement customer using our n by re- capability, if challenges and Customer architecting necessary, to Grow business objectives Value specific ensure value, Outsource ongoing Assessment marketing objective demonstrating management of your initiatives demonstration measurable lift marketing programs, of value with a specific continually increase project / maximizing business initiative value Customer Value Maximization
  • 7. Events triggered. Value maximized. Customer Value Maximization using  Process  Analytics  Creative  Technology A consumer bank with 50 Running Analytical Marketing Programs for the Bank for 6 years million customers, a sophisticated user of Xerago designed 40 campaign management triggers and managed the delivery of customer interventions Assessment revealed opportunity for event Response rates based marketing ranged between 10% and 60% - ROI in 30 Xerago is now deploying days 200 marketing triggers – largest implementation in the world Customer Value Maximization
  • 8. Campaigns automated. Value maximized. Customer Value Maximization using  Process  Analytics  Creative  Technology A large Loyalty Company 1000 campaigns. 200% increase. 25 million emails per run. in Europe with over 50 million members was Xerago set up campaign running complex management platforms campaigns to members and provides ongoing support and guidance to manage campaigns Assessment revealed huge process Campaign overhead due to Management is now manual interventions fully automated and velocity has gone up Ongoing campaign 200% without any velocity increase is increase in headcount happening through further intervention Customer Value Maximization
  • 9. Customer experience improved. Value maximized. Customer Value Maximization using  Process  Analytics  Creative  Technology A Consumer Internet Category defining customer experience . Customers love it. company, the leader in its category saw plateauing Xerago revamped the sales entire customer experience and simplified customer interaction Assessment identified need for customer experience With the same inbound improvement on portal traffic, daily revenues went up by 28% within 3 Xerago subsequently did days of launch a similar revamp for 300 other portals from the same company Customer Value Maximization
  • 10. Search Advertising organized. Value maximized. Customer Value Maximization using  Process  Analytics  Creative  Technology A large Consumer Internet services Xerago re-organized theSame SEM budgets. Lesser work. More leads. More revenues. company was one of the account, figured out that only largest Google Adwords 1.8 million keywords were advertisers in the country needed, automated keyword management and optimized the campaign Assessment revealed that with 2.5 million keywords, the advertising while effective was sub- Within 26 weeks, for the With visibility of keyword, optimal same ad spend, client ad group and advertising saw response lift by 12% effectiveness increasing, Xerago is continually maximizing ROI from ad spend Customer Value Maximization
  • 11. Portal yield generated. Value maximized. Customer Value Maximization using  Process  Analytics  Creative  Technology The eBusiness arm of one Same portal. 30% increase year on year, six years in a row…. of the largest financial institutions in the world Xerago set up a framework to was a sophisticated user measure effectiveness of all Xerago continues to of Interactive channels content changes as part of a derive more yield portal revamp from the portal every passing month Assessment showed that value from channels could Direct revenues from BillPay, be increased through better Remittances and Alert management of the portal subscriptions, lead acquisition, and Cost-save initiatives like Statement on email, Online Banking sign-ups have increased month on month Customer Value Maximization
  • 12. Social Media monitored. Value maximized. Customer Value Maximization using One of the world’s largest  Process  Analytics  Creative  Technology Consumer Technology 1000s of conversations. 100s of campaigns. One Dashboard. brands has a challenge engaging with customers Xerago aggregated web because sales are done analytics data and social Xerago continues to through channels media conversations to set up derive increasing a customer dashboard levels of insights month on month Client recognized that given brand salience, there was a Marketing team was able to huge amount of conversation correlate spends to response, gain on social media which could insights into biases and serve as a weather vane perceptions and optimize spends Customer Value Maximization
  • 13. Portal content managed. Value maximized. Customer Value Maximization using  Process  Analytics  Creative  Technology One of the largest banks in the world had country Millions of changes. 100s of stakeholders. Center of Excellence. specific and LOB sites – each reaching 100s of Xerago set up a process to Six sigma level of web pages. simplify and optimize excellence in content flow and managed deliveries covering the same. almost 10 countries and 15 languages. Content needed to be managed across multiple Businesses across many countries, portals, multiple countries, were confidently able to load huge with complex workflow. volumes of changes with full confidence that the queue would be managed effectively and smoothly. Customer Value Maximization
  • 14. Xerago knowledge and capabilities Xerago’s analytics, creative and technology knowledge and capability encompasses some of the leading platforms in the world. Analytics Creative Technology Customer Value Maximization
  • 15. About Xerago 6 year old firm, managed by seasoned veterans in marketing, analytics, creative, interactive media and technology Physical offices in Chennai, London, Mumbai and Singapore Services delivered by skilled resources using cutting edge technology Over 100 resources in house and growing every day World-leading and Custom developed technology platforms Secure environment – meeting highest Infosec standards Work offshore. Or over VPN directly on remote servers without physically moving data out of client data centers. Clients include some of the largest brands in the world Customer Value Maximization