SlideShare a Scribd company logo
1 of 13
BIG DATA, MARKETING AND 
LISTENING TO CUSTOMERS IN 
ORDER TO CREATE VALUE 
MICHAEL GERMANO 
ASSOCIATE LIBRARIAN/PROFESSOR 
UNIVERSITY LIBRARY AND DEPARTMENT OF MARKETING 
CALIFORNIA STATE UNIVERSITY, LOS ANGELES 
CONTACT: EMAIL: MGERMAN@CALSTATELA.EDU TWITTER: 
@PROFMGERMANO
IN THE NEXT HOUR… 
How did we get here 
Digital revolutions and knowledge production 
Marketing analytics 101 
Value creation and why it matters 
The information professional as thought leader in 
organizations that analyze 
Privacy and ethics
BEFORE WE START… 
Lets talk about the big picture…
HOW DID WE GET 
HERE? 
Convergence between technological changes and massive 
data creation 
Rise of Terms & Conditions 
Post-September 11th world of privacy erosion 
Data companies always existed prior but exploded in the last 
10 years
DIGITAL REVOLUTIONS 
AND DATA CREATION 
Automation 
Web 2.0 
Social Media 
Internet of Things 
All create massive amounts of data that can be used for a 
variety of things—especially marketing
MARKETING 
American Marketing Association 
Marketing is the activity, set of institutions, and processes for 
creating, communicating, delivering, and exchanging 
offerings that have value for customers, clients, partners, 
and society at large. (Approved July 2013)
MARKETING 
ANALYTICS 
Process oriented marketing activities that use data to 
support decisions 
Customer data & segments 
• Demographic 
• Geographic 
• Psychographic 
• Benefit segments (how a product is used or perceived) 
• Behavioral
SOURCES AND TYPE 
OF DATA 
Structured and unstructured 
Internal and external sources 
Internal: POS data, CRM systems, call center data, website 
metrics, mobile metrics 
External: Social media and the interactive web
DATA ANALYTICS AND 
“SEEING” 
Analytics allow for a past, present and future view 
Seeing the past and present is nice—predicting the future is 
the holy grail of marketing 
See how customers behave over time 
Customer lifecycle management
DATA ANALYTICS AND 
“LISTENING” 
Gain insight into customer wants, needs and benefits 
Understand and predict “value” 
Value is the core of marketing activities
VALUE 
Marketing that is successful creates value 
Value is not the same as price (can be related) 
Value is the meeting of stated needed with a unique offering 
Value= (Desire + Need)/(Feature + Benefit) 
Listening to understand value and need is critical to 
marketing processes in the past this was laborious and 
expensive…
INFORMATION PROFESSIONALS 
AND ANALYTICS 
The important role of thought leader 
Internal consulting and selling 
Leadership 
Innovation 
Ethics
RETHINKING THE LIBRARIAN ROLE 
AND ORGANIZATIONAL 
CONTRIBUTIONS 
How do you put this in action? 
What does it look like to redefine ones role or move into another 
sphere? 
Nest steps: 
1. Inventory current role and its effectiveness 
2. Identify organizational needs 
3. Network—create a support team 
4. Create a “test” project 
5. Execute 
6. Get feedback 
7. Sell results/outcomes internally

More Related Content

Similar to Digitalmarketingsla2014

Data Driven Marketing: the DNA of customer orientated companies
Data Driven Marketing: the DNA of customer orientated companiesData Driven Marketing: the DNA of customer orientated companies
Data Driven Marketing: the DNA of customer orientated companiesGood Rebels
 
Data, design and delivery the 3 d’s of today’s digital marketing world
Data, design and delivery  the 3 d’s of today’s digital marketing worldData, design and delivery  the 3 d’s of today’s digital marketing world
Data, design and delivery the 3 d’s of today’s digital marketing worldFinancial Publishing Services
 
Customer Experience Development - Leadership Class Introduction
Customer Experience Development - Leadership Class IntroductionCustomer Experience Development - Leadership Class Introduction
Customer Experience Development - Leadership Class IntroductionSociety3
 
M2828_Marketing Analytics Brochure_5-26-2016.pdf
M2828_Marketing Analytics Brochure_5-26-2016.pdfM2828_Marketing Analytics Brochure_5-26-2016.pdf
M2828_Marketing Analytics Brochure_5-26-2016.pdfEdmund-Graham Balogun
 
Business & Marketing Fundamentals
Business & Marketing FundamentalsBusiness & Marketing Fundamentals
Business & Marketing FundamentalsTycoon
 
What is Brand Therapy? Relationships that Engage and Delight
What is Brand Therapy? Relationships that Engage and DelightWhat is Brand Therapy? Relationships that Engage and Delight
What is Brand Therapy? Relationships that Engage and DelightEsteban Gonzalez
 
marketing analytics 1.pptx
marketing analytics 1.pptxmarketing analytics 1.pptx
marketing analytics 1.pptxnagarajan740445
 
Marketing analytics Topics
Marketing analytics TopicsMarketing analytics Topics
Marketing analytics TopicsParshuram Yadav
 
Mpipec08.Assn.Megatrends.V2
Mpipec08.Assn.Megatrends.V2Mpipec08.Assn.Megatrends.V2
Mpipec08.Assn.Megatrends.V2guest02d4bf
 
What are you measuring - 3 approaches to data-driven marketing
What are you measuring - 3 approaches to data-driven marketingWhat are you measuring - 3 approaches to data-driven marketing
What are you measuring - 3 approaches to data-driven marketingJulie Doyle
 
Small Business Marketing Ppt
Small Business Marketing PptSmall Business Marketing Ppt
Small Business Marketing Pptpnourse
 
Personal Data Economy Action Plan - Get Smart, Get Connected, Get Proof
Personal Data Economy Action Plan - Get Smart, Get Connected, Get ProofPersonal Data Economy Action Plan - Get Smart, Get Connected, Get Proof
Personal Data Economy Action Plan - Get Smart, Get Connected, Get ProofPhil Wolff
 
Six Essentials for Innovating in Channel Sales & Marketing
Six Essentials for Innovating in Channel Sales & MarketingSix Essentials for Innovating in Channel Sales & Marketing
Six Essentials for Innovating in Channel Sales & MarketingAllbound, Inc.
 
Techmap: ROI & The New Measures of Success
Techmap: ROI & The New Measures of SuccessTechmap: ROI & The New Measures of Success
Techmap: ROI & The New Measures of SuccessKlaxon
 
B2BMF2019 - How Data Driven is Your Marketing Organization? - Tableau
B2BMF2019 - How Data Driven is Your Marketing Organization? - TableauB2BMF2019 - How Data Driven is Your Marketing Organization? - Tableau
B2BMF2019 - How Data Driven is Your Marketing Organization? - TableauB2B Marketing Forum
 
The Data Savvy PR Firm
The Data Savvy PR FirmThe Data Savvy PR Firm
The Data Savvy PR FirmPR Council
 

Similar to Digitalmarketingsla2014 (20)

Data Driven Marketing: the DNA of customer orientated companies
Data Driven Marketing: the DNA of customer orientated companiesData Driven Marketing: the DNA of customer orientated companies
Data Driven Marketing: the DNA of customer orientated companies
 
Data, design and delivery the 3 d’s of today’s digital marketing world
Data, design and delivery  the 3 d’s of today’s digital marketing worldData, design and delivery  the 3 d’s of today’s digital marketing world
Data, design and delivery the 3 d’s of today’s digital marketing world
 
Customer Experience Development - Leadership Class Introduction
Customer Experience Development - Leadership Class IntroductionCustomer Experience Development - Leadership Class Introduction
Customer Experience Development - Leadership Class Introduction
 
M2828_Marketing Analytics Brochure_5-26-2016.pdf
M2828_Marketing Analytics Brochure_5-26-2016.pdfM2828_Marketing Analytics Brochure_5-26-2016.pdf
M2828_Marketing Analytics Brochure_5-26-2016.pdf
 
Business & Marketing Fundamentals
Business & Marketing FundamentalsBusiness & Marketing Fundamentals
Business & Marketing Fundamentals
 
What is Brand Therapy? Relationships that Engage and Delight
What is Brand Therapy? Relationships that Engage and DelightWhat is Brand Therapy? Relationships that Engage and Delight
What is Brand Therapy? Relationships that Engage and Delight
 
Sapient Presentation
Sapient PresentationSapient Presentation
Sapient Presentation
 
marketing analytics 1.pptx
marketing analytics 1.pptxmarketing analytics 1.pptx
marketing analytics 1.pptx
 
Marketing analytics Topics
Marketing analytics TopicsMarketing analytics Topics
Marketing analytics Topics
 
Managing Up
Managing UpManaging Up
Managing Up
 
Mpipec08.Assn.Megatrends.V2
Mpipec08.Assn.Megatrends.V2Mpipec08.Assn.Megatrends.V2
Mpipec08.Assn.Megatrends.V2
 
What are you measuring - 3 approaches to data-driven marketing
What are you measuring - 3 approaches to data-driven marketingWhat are you measuring - 3 approaches to data-driven marketing
What are you measuring - 3 approaches to data-driven marketing
 
Small Business Marketing Ppt
Small Business Marketing PptSmall Business Marketing Ppt
Small Business Marketing Ppt
 
Structuring Your Marketing Team
Structuring Your Marketing TeamStructuring Your Marketing Team
Structuring Your Marketing Team
 
Personal Data Economy Action Plan - Get Smart, Get Connected, Get Proof
Personal Data Economy Action Plan - Get Smart, Get Connected, Get ProofPersonal Data Economy Action Plan - Get Smart, Get Connected, Get Proof
Personal Data Economy Action Plan - Get Smart, Get Connected, Get Proof
 
Six Essentials for Innovating in Channel Sales & Marketing
Six Essentials for Innovating in Channel Sales & MarketingSix Essentials for Innovating in Channel Sales & Marketing
Six Essentials for Innovating in Channel Sales & Marketing
 
Techmap: ROI & The New Measures of Success
Techmap: ROI & The New Measures of SuccessTechmap: ROI & The New Measures of Success
Techmap: ROI & The New Measures of Success
 
B2BMF2019 - How Data Driven is Your Marketing Organization? - Tableau
B2BMF2019 - How Data Driven is Your Marketing Organization? - TableauB2BMF2019 - How Data Driven is Your Marketing Organization? - Tableau
B2BMF2019 - How Data Driven is Your Marketing Organization? - Tableau
 
The Data Savvy PR Firm
The Data Savvy PR FirmThe Data Savvy PR Firm
The Data Savvy PR Firm
 
MPI PEC 08
MPI PEC 08MPI PEC 08
MPI PEC 08
 

More from Michael Germano

More from Michael Germano (20)

Student Survey
Student SurveyStudent Survey
Student Survey
 
MKT 420 Search Engine Optimization Week 8
MKT 420 Search Engine Optimization Week 8MKT 420 Search Engine Optimization Week 8
MKT 420 Search Engine Optimization Week 8
 
Mkt 420 Week 6
Mkt 420 Week 6Mkt 420 Week 6
Mkt 420 Week 6
 
MKT 420 Search Engine Optimization Week 4
MKT 420 Search Engine Optimization Week 4MKT 420 Search Engine Optimization Week 4
MKT 420 Search Engine Optimization Week 4
 
Mkt 420 Week 2
Mkt 420 Week 2Mkt 420 Week 2
Mkt 420 Week 2
 
High Impact Strategies for Enhancing Student Engagement Online and Hybrid Ma...
High Impact Strategies for Enhancing Student Engagement Online and Hybrid  Ma...High Impact Strategies for Enhancing Student Engagement Online and Hybrid  Ma...
High Impact Strategies for Enhancing Student Engagement Online and Hybrid Ma...
 
MKT 420 Week 1
MKT 420 Week 1MKT 420 Week 1
MKT 420 Week 1
 
Active collaborative learning
Active collaborative learningActive collaborative learning
Active collaborative learning
 
Mkt389week9
Mkt389week9Mkt389week9
Mkt389week9
 
Silentclass
SilentclassSilentclass
Silentclass
 
Mktedge creativity
Mktedge creativityMktedge creativity
Mktedge creativity
 
Plss780 week 10
Plss780 week 10Plss780 week 10
Plss780 week 10
 
Pls 780 week 9
Pls 780 week 9Pls 780 week 9
Pls 780 week 9
 
PLS 780 Week 8
PLS 780 Week 8PLS 780 Week 8
PLS 780 Week 8
 
Pls 780 week 8
Pls 780 week 8Pls 780 week 8
Pls 780 week 8
 
Bus 305 week 8
Bus 305 week 8Bus 305 week 8
Bus 305 week 8
 
Pls 780 week 7
Pls 780 week 7Pls 780 week 7
Pls 780 week 7
 
Social Media for New Grads
Social Media for New GradsSocial Media for New Grads
Social Media for New Grads
 
Pls 780 week_6
Pls 780 week_6Pls 780 week_6
Pls 780 week_6
 
Bus 305 week 6
Bus 305 week 6Bus 305 week 6
Bus 305 week 6
 

Recently uploaded

This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.christianmathematics
 
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptxCOMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptxannathomasp01
 
How to Manage Call for Tendor in Odoo 17
How to Manage Call for Tendor in Odoo 17How to Manage Call for Tendor in Odoo 17
How to Manage Call for Tendor in Odoo 17Celine George
 
Wellbeing inclusion and digital dystopias.pptx
Wellbeing inclusion and digital dystopias.pptxWellbeing inclusion and digital dystopias.pptx
Wellbeing inclusion and digital dystopias.pptxJisc
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsMebane Rash
 
Interdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxInterdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxPooja Bhuva
 
General Principles of Intellectual Property: Concepts of Intellectual Proper...
General Principles of Intellectual Property: Concepts of Intellectual  Proper...General Principles of Intellectual Property: Concepts of Intellectual  Proper...
General Principles of Intellectual Property: Concepts of Intellectual Proper...Poonam Aher Patil
 
SOC 101 Demonstration of Learning Presentation
SOC 101 Demonstration of Learning PresentationSOC 101 Demonstration of Learning Presentation
SOC 101 Demonstration of Learning Presentationcamerronhm
 
Python Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxPython Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxRamakrishna Reddy Bijjam
 
How to Add a Tool Tip to a Field in Odoo 17
How to Add a Tool Tip to a Field in Odoo 17How to Add a Tool Tip to a Field in Odoo 17
How to Add a Tool Tip to a Field in Odoo 17Celine George
 
REMIFENTANIL: An Ultra short acting opioid.pptx
REMIFENTANIL: An Ultra short acting opioid.pptxREMIFENTANIL: An Ultra short acting opioid.pptx
REMIFENTANIL: An Ultra short acting opioid.pptxDr. Ravikiran H M Gowda
 
latest AZ-104 Exam Questions and Answers
latest AZ-104 Exam Questions and Answerslatest AZ-104 Exam Questions and Answers
latest AZ-104 Exam Questions and Answersdalebeck957
 
Simple, Complex, and Compound Sentences Exercises.pdf
Simple, Complex, and Compound Sentences Exercises.pdfSimple, Complex, and Compound Sentences Exercises.pdf
Simple, Complex, and Compound Sentences Exercises.pdfstareducators107
 
How to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSHow to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSCeline George
 
Details on CBSE Compartment Exam.pptx1111
Details on CBSE Compartment Exam.pptx1111Details on CBSE Compartment Exam.pptx1111
Details on CBSE Compartment Exam.pptx1111GangaMaiya1
 
Philosophy of china and it's charactistics
Philosophy of china and it's charactisticsPhilosophy of china and it's charactistics
Philosophy of china and it's charactisticshameyhk98
 
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptxHMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptxEsquimalt MFRC
 
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...Nguyen Thanh Tu Collection
 
FICTIONAL SALESMAN/SALESMAN SNSW 2024.pdf
FICTIONAL SALESMAN/SALESMAN SNSW 2024.pdfFICTIONAL SALESMAN/SALESMAN SNSW 2024.pdf
FICTIONAL SALESMAN/SALESMAN SNSW 2024.pdfPondicherry University
 

Recently uploaded (20)

This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.
 
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptxCOMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
 
Call Girls in Uttam Nagar (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in  Uttam Nagar (delhi) call me [🔝9953056974🔝] escort service 24X7Call Girls in  Uttam Nagar (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in Uttam Nagar (delhi) call me [🔝9953056974🔝] escort service 24X7
 
How to Manage Call for Tendor in Odoo 17
How to Manage Call for Tendor in Odoo 17How to Manage Call for Tendor in Odoo 17
How to Manage Call for Tendor in Odoo 17
 
Wellbeing inclusion and digital dystopias.pptx
Wellbeing inclusion and digital dystopias.pptxWellbeing inclusion and digital dystopias.pptx
Wellbeing inclusion and digital dystopias.pptx
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan Fellows
 
Interdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxInterdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptx
 
General Principles of Intellectual Property: Concepts of Intellectual Proper...
General Principles of Intellectual Property: Concepts of Intellectual  Proper...General Principles of Intellectual Property: Concepts of Intellectual  Proper...
General Principles of Intellectual Property: Concepts of Intellectual Proper...
 
SOC 101 Demonstration of Learning Presentation
SOC 101 Demonstration of Learning PresentationSOC 101 Demonstration of Learning Presentation
SOC 101 Demonstration of Learning Presentation
 
Python Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxPython Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docx
 
How to Add a Tool Tip to a Field in Odoo 17
How to Add a Tool Tip to a Field in Odoo 17How to Add a Tool Tip to a Field in Odoo 17
How to Add a Tool Tip to a Field in Odoo 17
 
REMIFENTANIL: An Ultra short acting opioid.pptx
REMIFENTANIL: An Ultra short acting opioid.pptxREMIFENTANIL: An Ultra short acting opioid.pptx
REMIFENTANIL: An Ultra short acting opioid.pptx
 
latest AZ-104 Exam Questions and Answers
latest AZ-104 Exam Questions and Answerslatest AZ-104 Exam Questions and Answers
latest AZ-104 Exam Questions and Answers
 
Simple, Complex, and Compound Sentences Exercises.pdf
Simple, Complex, and Compound Sentences Exercises.pdfSimple, Complex, and Compound Sentences Exercises.pdf
Simple, Complex, and Compound Sentences Exercises.pdf
 
How to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSHow to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POS
 
Details on CBSE Compartment Exam.pptx1111
Details on CBSE Compartment Exam.pptx1111Details on CBSE Compartment Exam.pptx1111
Details on CBSE Compartment Exam.pptx1111
 
Philosophy of china and it's charactistics
Philosophy of china and it's charactisticsPhilosophy of china and it's charactistics
Philosophy of china and it's charactistics
 
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptxHMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
 
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
 
FICTIONAL SALESMAN/SALESMAN SNSW 2024.pdf
FICTIONAL SALESMAN/SALESMAN SNSW 2024.pdfFICTIONAL SALESMAN/SALESMAN SNSW 2024.pdf
FICTIONAL SALESMAN/SALESMAN SNSW 2024.pdf
 

Digitalmarketingsla2014

  • 1. BIG DATA, MARKETING AND LISTENING TO CUSTOMERS IN ORDER TO CREATE VALUE MICHAEL GERMANO ASSOCIATE LIBRARIAN/PROFESSOR UNIVERSITY LIBRARY AND DEPARTMENT OF MARKETING CALIFORNIA STATE UNIVERSITY, LOS ANGELES CONTACT: EMAIL: MGERMAN@CALSTATELA.EDU TWITTER: @PROFMGERMANO
  • 2. IN THE NEXT HOUR… How did we get here Digital revolutions and knowledge production Marketing analytics 101 Value creation and why it matters The information professional as thought leader in organizations that analyze Privacy and ethics
  • 3. BEFORE WE START… Lets talk about the big picture…
  • 4. HOW DID WE GET HERE? Convergence between technological changes and massive data creation Rise of Terms & Conditions Post-September 11th world of privacy erosion Data companies always existed prior but exploded in the last 10 years
  • 5. DIGITAL REVOLUTIONS AND DATA CREATION Automation Web 2.0 Social Media Internet of Things All create massive amounts of data that can be used for a variety of things—especially marketing
  • 6. MARKETING American Marketing Association Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. (Approved July 2013)
  • 7. MARKETING ANALYTICS Process oriented marketing activities that use data to support decisions Customer data & segments • Demographic • Geographic • Psychographic • Benefit segments (how a product is used or perceived) • Behavioral
  • 8. SOURCES AND TYPE OF DATA Structured and unstructured Internal and external sources Internal: POS data, CRM systems, call center data, website metrics, mobile metrics External: Social media and the interactive web
  • 9. DATA ANALYTICS AND “SEEING” Analytics allow for a past, present and future view Seeing the past and present is nice—predicting the future is the holy grail of marketing See how customers behave over time Customer lifecycle management
  • 10. DATA ANALYTICS AND “LISTENING” Gain insight into customer wants, needs and benefits Understand and predict “value” Value is the core of marketing activities
  • 11. VALUE Marketing that is successful creates value Value is not the same as price (can be related) Value is the meeting of stated needed with a unique offering Value= (Desire + Need)/(Feature + Benefit) Listening to understand value and need is critical to marketing processes in the past this was laborious and expensive…
  • 12. INFORMATION PROFESSIONALS AND ANALYTICS The important role of thought leader Internal consulting and selling Leadership Innovation Ethics
  • 13. RETHINKING THE LIBRARIAN ROLE AND ORGANIZATIONAL CONTRIBUTIONS How do you put this in action? What does it look like to redefine ones role or move into another sphere? Nest steps: 1. Inventory current role and its effectiveness 2. Identify organizational needs 3. Network—create a support team 4. Create a “test” project 5. Execute 6. Get feedback 7. Sell results/outcomes internally