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It’s Time to Master Customer Centricity
WEBINAR | July 12, 2016
Getting Real About Customer DNA
2Copyright 2016 NGDATA
®, Inc. Confidential – Distribution prohibited without permission
Customers are in the Driver’s Seat
Customer expectations have never been higher. We’re living in an omni-
channeled, constantly-connected and instantly-gratified world where
customers want better value out of the service providers they choose to
do business with. They require personalized, relevant, quality service –
they know what they need, and they want to know that you know it, too.
3Copyright 2016 NGDATA
®, Inc. Confidential – Distribution prohibited without permission
Relevancy – What Customer Experience is All About
... What everybody says, but nobody can deliver...
OFFER
THE RIGHT
PERSON
THE RIGHT
TIME
THE RIGHT
CHANNEL
THE RIGHT
IMPROVED FREQUENCY
IMPROVED SEPARATION
4Copyright 2016 NGDATA
®, Inc. Confidential – Distribution prohibited without permission
Lily: The Analytics Revolution
Always active and current Customer DNA on atomic-level
A completely automated
and continuous process
5Copyright 2016 NGDATA
®, Inc. Confidential – Distribution prohibited without permission
Building Atomic-Level Understanding Through DNA
The impact of using behavioral data
Traditional models based on aggregated data over time, and
customers are SLOWLY evolving and don’t react on behavior
6Copyright 2016 NGDATA
®, Inc. Confidential – Distribution prohibited without permission
So, What is Customer DNA?
Our Lily Enterprise™
Customer DNA is made up of
a configurable and scalable
library of thousands of pre-
defined and client-specific
metrics that describe each
and every customer in a
highly detailed manner, all in
real-time.
It combines all of your data
from multiple sources to
generate new insights based
on a combination of socio-
demographic, behavioral,
contextual and predictive
analytics.
7Copyright 2016 NGDATA
®, Inc. Confidential – Distribution prohibited without permission
Bridging the Gap
From a manual world (Insights) to operational analytics (Impact)
DATA
INSIGHT
BI TEAMS BUSINESS
ACTION
ENGAGEMENT
8Copyright 2016 NGDATA
®, Inc. Confidential – Distribution prohibited without permission
Delivering New Capabilities
The Future of Customer Engagement
Based on requirements from Forrester’s webinar - Predictions 2016:
The Path From Data To Action – Jan 27, 2016
Personal
Customer
experiences
Smarter
media buys
Real-time campaign
and performance
optimization
Ultimate cross-
channel customer
recognition
Cross-channel
(contextual)
experience
Streaming analytics
and real-time
interactions
Relevant Inbound
Offers and Actions
9Copyright 2016 NGDATA
®, Inc. Confidential – Distribution prohibited without permission
Customer DNA Advantages
Driving Revenues: Effectiveness and Efficiency
No more time lost on
data gathering and
preparation
Fully integrated
and automated
processes
Data is always
complete and always
current
Insights
immediately
turned into action
Analysts focus on
higher level and
next gen analytics
x10 targeting
precision, increasing
revenues and loyalty
Based on requirements from Forrester’s webinar - Predictions 2016:
The Path From Data To Action – Jan 27, 2016
10Copyright 2016 NGDATA
®, Inc. Confidential – Distribution prohibited without permission
Lily Customer DNA in Action
Lily Demo
11Copyright 2016 NGDATA
®, Inc. Confidential – Distribution prohibited without permission
• Make use of all your data for relevancy
at every interaction
• Importance of real-time to improve
communications over time
• Consistent and relevant
communication regardless of the
channel
Put Your Customers at the Center of Your Strategy
12Copyright 2016 NGDATA
®, Inc. Confidential – Distribution prohibited without permission
Lily Customer DNA Supports Both Outbound
and Inbound Scenarios
InboundOutbound
more relevant and precise
target lists
Micro-
Targeting
Individual
individual-level data-driven
approach, alerts, using channel
preferences, past purchase history
personalizationOnline
Service
Desk
anticipation,
guided conversation
13Copyright 2016 NGDATA
®, Inc. Confidential – Distribution prohibited without permission
Interactive Customer Marketing ROI
INSIGHTS
“People belonging to Segment A are
likely to buy product X”
5% IMPACTVS
“Lily selects top 100 people that are
likely to buy product X NOW”
65%
14Copyright 2016 NGDATA
®, Inc. Confidential – Distribution prohibited without permission
Customer Reference: Smarter Messaging, More Connecting
OPPORTUNITY
• Belgium’s largest cable provider Telenet, part of the Liberty Global Group, needed to lower
broad marketing program costs, while increasing campaigns results
SOLUTION
• Created Customer DNA - a sophisticated and nuanced understanding of customers from
millions of data points around both inbound and outbound interactions
• Determined targeted, customized campaigns to transition Telenet from an acquisition-driven
marketing organization to customer focused organization
RESULTS
• Telenet has increased segmented campaigns from 100 campaigns per year to now more than
750 per year, delivering content more appropriate to each of their 4.8 million customers
• Increased return rate on sales campaigns by 300-400%
• A pricing and go-to-market strategy based on better customer understanding dramatically
increased Telenet’s mobile customer base within just a few months of its availability
INCREASED
RETURN RATE
ON SALES CAMPAIGNS
300-400%
15Copyright 2016 NGDATA
®, Inc. Confidential – Distribution prohibited without permission
CUSTOMER LIFETIME ATTRITIONACTIVATION
MARGIN
PERSONAL
ADVISE
CUSTOMER
SUPPORT
UP SELLING
PERSONAL
ADS PARTNER
PROGRAMS
RISK
PROGRAMS
CHURN
REDUCTION
360 view for
advisor
Content
recommendation
Micro campaigns
Anonymous
Call predictions
Script
recommendations
Online offers
121 Campaign
Personalized ads
Personalized
Social
Support partners
apps
Merchant offers
Attrition programs
Identify Fraud
ACQUISITION
Impact on Results
16Copyright 2016 NGDATA
®, Inc. Confidential – Distribution prohibited without permission
A Fundamental Break from the Past
The Solution
Traditional Approaches Lily Operationalizes Analytics
For Data Science AND Business Users
Real-Time
Continuous
Long Data Integration
Slow Update Cycles
Limited Data Volumes
Incomplete Customer Picture
Manual Work, Limited Audience
Expensive
Specialized Staffing
Segmentation, Low Precision
Atomic-Level
Complete View
Automated
Learning
Omni-Channel
Impact
One Solution,
Multi-Use
17Copyright 2016 NGDATA
®, Inc. Confidential – Distribution prohibited without permission
Better for Both the Business and the Customer
Efficiency and collaboration
Longer and more valuable relationships
Greater revenues
Relevancy and context
Value
Customer Impact
Happy to be doing business with
you
18Copyright 2016 NGDATA
®, Inc. Confidential – Distribution prohibited without permission
Don’t forget to follow up
and share with a friend
NGDATA helps companies in data-driven industries operationalize their
data analytics through our real-time, analytics-based customer experience
management solution, Lily Enterprise™. It finds insights and executes on
them, bridging the gap between the worlds of data and business, enabling
the delivery of timely, relevant and contextually-aware interactions that
customers embrace.
wimd@NGDATA.com
www.NGDATA.com

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It's Time to Master Customer Centricity

  • 1. It’s Time to Master Customer Centricity WEBINAR | July 12, 2016 Getting Real About Customer DNA
  • 2. 2Copyright 2016 NGDATA ®, Inc. Confidential – Distribution prohibited without permission Customers are in the Driver’s Seat Customer expectations have never been higher. We’re living in an omni- channeled, constantly-connected and instantly-gratified world where customers want better value out of the service providers they choose to do business with. They require personalized, relevant, quality service – they know what they need, and they want to know that you know it, too.
  • 3. 3Copyright 2016 NGDATA ®, Inc. Confidential – Distribution prohibited without permission Relevancy – What Customer Experience is All About ... What everybody says, but nobody can deliver... OFFER THE RIGHT PERSON THE RIGHT TIME THE RIGHT CHANNEL THE RIGHT IMPROVED FREQUENCY IMPROVED SEPARATION
  • 4. 4Copyright 2016 NGDATA ®, Inc. Confidential – Distribution prohibited without permission Lily: The Analytics Revolution Always active and current Customer DNA on atomic-level A completely automated and continuous process
  • 5. 5Copyright 2016 NGDATA ®, Inc. Confidential – Distribution prohibited without permission Building Atomic-Level Understanding Through DNA The impact of using behavioral data Traditional models based on aggregated data over time, and customers are SLOWLY evolving and don’t react on behavior
  • 6. 6Copyright 2016 NGDATA ®, Inc. Confidential – Distribution prohibited without permission So, What is Customer DNA? Our Lily Enterprise™ Customer DNA is made up of a configurable and scalable library of thousands of pre- defined and client-specific metrics that describe each and every customer in a highly detailed manner, all in real-time. It combines all of your data from multiple sources to generate new insights based on a combination of socio- demographic, behavioral, contextual and predictive analytics.
  • 7. 7Copyright 2016 NGDATA ®, Inc. Confidential – Distribution prohibited without permission Bridging the Gap From a manual world (Insights) to operational analytics (Impact) DATA INSIGHT BI TEAMS BUSINESS ACTION ENGAGEMENT
  • 8. 8Copyright 2016 NGDATA ®, Inc. Confidential – Distribution prohibited without permission Delivering New Capabilities The Future of Customer Engagement Based on requirements from Forrester’s webinar - Predictions 2016: The Path From Data To Action – Jan 27, 2016 Personal Customer experiences Smarter media buys Real-time campaign and performance optimization Ultimate cross- channel customer recognition Cross-channel (contextual) experience Streaming analytics and real-time interactions Relevant Inbound Offers and Actions
  • 9. 9Copyright 2016 NGDATA ®, Inc. Confidential – Distribution prohibited without permission Customer DNA Advantages Driving Revenues: Effectiveness and Efficiency No more time lost on data gathering and preparation Fully integrated and automated processes Data is always complete and always current Insights immediately turned into action Analysts focus on higher level and next gen analytics x10 targeting precision, increasing revenues and loyalty Based on requirements from Forrester’s webinar - Predictions 2016: The Path From Data To Action – Jan 27, 2016
  • 10. 10Copyright 2016 NGDATA ®, Inc. Confidential – Distribution prohibited without permission Lily Customer DNA in Action Lily Demo
  • 11. 11Copyright 2016 NGDATA ®, Inc. Confidential – Distribution prohibited without permission • Make use of all your data for relevancy at every interaction • Importance of real-time to improve communications over time • Consistent and relevant communication regardless of the channel Put Your Customers at the Center of Your Strategy
  • 12. 12Copyright 2016 NGDATA ®, Inc. Confidential – Distribution prohibited without permission Lily Customer DNA Supports Both Outbound and Inbound Scenarios InboundOutbound more relevant and precise target lists Micro- Targeting Individual individual-level data-driven approach, alerts, using channel preferences, past purchase history personalizationOnline Service Desk anticipation, guided conversation
  • 13. 13Copyright 2016 NGDATA ®, Inc. Confidential – Distribution prohibited without permission Interactive Customer Marketing ROI INSIGHTS “People belonging to Segment A are likely to buy product X” 5% IMPACTVS “Lily selects top 100 people that are likely to buy product X NOW” 65%
  • 14. 14Copyright 2016 NGDATA ®, Inc. Confidential – Distribution prohibited without permission Customer Reference: Smarter Messaging, More Connecting OPPORTUNITY • Belgium’s largest cable provider Telenet, part of the Liberty Global Group, needed to lower broad marketing program costs, while increasing campaigns results SOLUTION • Created Customer DNA - a sophisticated and nuanced understanding of customers from millions of data points around both inbound and outbound interactions • Determined targeted, customized campaigns to transition Telenet from an acquisition-driven marketing organization to customer focused organization RESULTS • Telenet has increased segmented campaigns from 100 campaigns per year to now more than 750 per year, delivering content more appropriate to each of their 4.8 million customers • Increased return rate on sales campaigns by 300-400% • A pricing and go-to-market strategy based on better customer understanding dramatically increased Telenet’s mobile customer base within just a few months of its availability INCREASED RETURN RATE ON SALES CAMPAIGNS 300-400%
  • 15. 15Copyright 2016 NGDATA ®, Inc. Confidential – Distribution prohibited without permission CUSTOMER LIFETIME ATTRITIONACTIVATION MARGIN PERSONAL ADVISE CUSTOMER SUPPORT UP SELLING PERSONAL ADS PARTNER PROGRAMS RISK PROGRAMS CHURN REDUCTION 360 view for advisor Content recommendation Micro campaigns Anonymous Call predictions Script recommendations Online offers 121 Campaign Personalized ads Personalized Social Support partners apps Merchant offers Attrition programs Identify Fraud ACQUISITION Impact on Results
  • 16. 16Copyright 2016 NGDATA ®, Inc. Confidential – Distribution prohibited without permission A Fundamental Break from the Past The Solution Traditional Approaches Lily Operationalizes Analytics For Data Science AND Business Users Real-Time Continuous Long Data Integration Slow Update Cycles Limited Data Volumes Incomplete Customer Picture Manual Work, Limited Audience Expensive Specialized Staffing Segmentation, Low Precision Atomic-Level Complete View Automated Learning Omni-Channel Impact One Solution, Multi-Use
  • 17. 17Copyright 2016 NGDATA ®, Inc. Confidential – Distribution prohibited without permission Better for Both the Business and the Customer Efficiency and collaboration Longer and more valuable relationships Greater revenues Relevancy and context Value Customer Impact Happy to be doing business with you
  • 18. 18Copyright 2016 NGDATA ®, Inc. Confidential – Distribution prohibited without permission Don’t forget to follow up and share with a friend NGDATA helps companies in data-driven industries operationalize their data analytics through our real-time, analytics-based customer experience management solution, Lily Enterprise™. It finds insights and executes on them, bridging the gap between the worlds of data and business, enabling the delivery of timely, relevant and contextually-aware interactions that customers embrace. wimd@NGDATA.com www.NGDATA.com

Editor's Notes

  1. Customer is in the driver’s seat Examples to discuss – TiVo lets you get the entertainment you want. Netflix created content based on what individuals were asking for. Xbox allows you to create the gaming experience you want. Google, MSN, Ask let you find the information you need, and track you to proactively give you helpful information that most likely you appreciate. Financial institutions – customer drives the conversation through multiple channels, what works best with their individual life-styles Exceptional customer experiences Relevant offers and consistent messaging High quality customer service Personalized omni-channel experience Needs anticipated and exceeded Google, Facebook etc…
  2. Achieving better customer experience through … a customer-centric approach - putting the customer front and central  one-to-one, individual-level marketing instead of low-precision mass campaigning  transition from scheduled, outbound campaign marketing to more relevant conversational marketing  contextually-relevant and -aware information & offers  better alignment with customer intents, preferences and life events
  3. Customer DNA, on the surface, appears to be a simple, common-sense idea. But, there’s a lot that goes on behind the scenes that customer-facing organizations need to think about if they are to truly become customer-focused…
  4. Show interactions, metrics, the rosas and trends
  5. Traditional mass marketing for acquisition is costly and ineffective Individuals interact with channels differently, making segmentation more difficult as more channels are added Without leveraging all available cross-channel customer information, you risk missing opportunities to connect with the right customers, at the right time, in the right way In today’s landscape, customers expect to be treated as individuals, making segmentation ineffective Customers need to be at the center of your strategy