SlideShare a Scribd company logo
1 of 33
Engagement, Loyalty,
James Taylor, CEO
                                   Costs and Growth

Brad Turner, VP Marketing and      Driving retail success
Business Development
                                with predictive analytics
                                & decision management

                                  @inkriu @decisionmgt
                                  #decisionmgt
Your presenters
 James Taylor                  Brad Turner
  CEO of Decision               VP Marketing and Business
  Management Solutions          Development at Inkiru
  20+ years working with        25+ years in technology,
  clients to improve the way    focused on networking and
  they build systems.           cloud-based database




                                      © Decision Management Solutions, 2013
AGENDA

         1 2
     Building
     Customer
     Engagement &
                         Controlling
                         Costs
                                            3
                                         Driving a Long
                                         Term Growth
                                         Strategy
     Loyalty




         4 5 6
     Key Benefits of     Questions and   How to Get
     Inkiru Predictive   Answers         Started
     Analytics
     Platform
Staying Competitive Requires Analytics




   #1 Data
             #2 Know-how
                           #3 Intelligence




                           © Decision Management Solutions, 2013
Building Customer
Engagement & Loyalty
How do I find my most profitable
customers and build deeper
relationships with them?

             How can we predict which
          products will be most popular
           among our regular shoppers?

How can I build stronger customer
loyalty than my competition?

                           © Decision Management Solutions, 2013
Target individuals with analytics




                            © Decision Management Solutions, 2013
Personalize every response
 The best response changes in each situation
 Target with analytically derived micro segments
 Personalize messaging and offers
 Focus predictive analytics on each decision




                                    © Decision Management Solutions, 2013
Success requires a clear target




                             © Decision Management Solutions, 2013
Controlling Costs
How can we reduce
               fraud-related expenses?

How can we make
operations smooth
and efficient?

             How can I use analytics to
            reduce back-office staffing?

                           © Decision Management Solutions, 2013
Break operational ratios with analytics




                            © Decision Management Solutions, 2013
Real-time fraud detection


    Business
     event




               Decision latency



                                           Action
                                           taken




                                  © Decision Management Solutions, 2013
Predictive analytics drives action

Operational
 Systems                              Decision
                                      Management
                                      Systems link
                     Decision         analytics to
                                      operational
                                      systems
  Analytic
  Systems
                                © Decision Management Solutions, 2013
Driving a Long Term
    Growth Strategy
How do I build a marketing strategy that
maintains its effectiveness?

                       How do I send out
                      fewer offers and get
                         more responses?

How do I find out which promotions will
work and which will not?

                            © Decision Management Solutions, 2013
Maximize LTV in all channels




                                                Decision




                          © Decision Management Solutions, 2013
Continuously improve decisions




                          © Decision Management Solutions, 2013
Industrialize analytics
Cottage industries don’t scale




                                          Factories do
                                 © Decision Management Solutions, 2013
Key Benefits of the Inkiru
Predictive Analytics Platform
Key Benefits




     • Algorithms and response
       models score transactions in
       real-time during the customer
       interaction on your site




                                                  •      Integration with external data sources


20                                     Confidential and Proprietary Information
Key Benefits


       • Simple integration

       • Data is taken advantage of
         and utilized during the
         peak of its shelf life

       • End-to-end model design,
         development, deployment,
         maintenance




21                                    Confidential and Proprietary Information
Key Benefits



                                                               • Hosts a variety
                                                                 real-time models

                                                               • Allows for multiple
                                                                 scoring algorithms
                                                                 to score the same
                                                                 event




22                  Confidential and Proprietary Information
Use Cases

           Marketing               Merchandising                            Operational Excellence




     • Dynamic Ad Campaigns   • Product                                     •   Fraud/Risk
     • Improve Customer         Recommendations                                 Management
       Loyalty                • Price based Promotions                      •   Inventory Optimization
     • Offer Customization    • Upsell and Cross sell                       •   Payment Optimization
     • Customer Lifetime      • Shopping Cart
       Value Predictions        Abandonment



23                               Confidential and Proprietary Information
Case Studies




24                  Confidential and Proprietary Information
Case Study—Operational Excellence


      Automated fraud detection
      lowers loss while raising profits
      20% for this social entertainment
      website.




25                                    Confidential and Proprietary Information
Case Study—Marketing




                                                                 Automated email
                                                                 campaign
                                                                 optimization
                                                                 increases click-thru
                                                                 rate 10%.




26                    Confidential and Proprietary Information
Case Study—Merchandising


      Increased
      personalization
      enhances customer
      experience—boosts
      first-page conversion
      120%




27                            Confidential and Proprietary Information
Questions?
Conclusion
How to Get Started
 Focus on key decisions in
 customer engagement, cost
 control and growth
 Drive better decisions with
 integrated predictive
 analytics at scale
 Focus on using predictive
 analytics in real-time using
 decision management
 systems


                                © Decision Management Solutions, 2013
Learn More
 Download the free whitepaper
   Using Predictive Analytics and Decision
   Management in Retail
 Visit us at
   decisionmanagementsolutions.com
   inkiru.com




                                      © Decision Management Solutions, 2013
Thank You
                      James Taylor
james@decisionmanagementsolutions.com
                        Brad Turner
                      brad@inkiru.com

More Related Content

What's hot

Increasing Productivity in Insurance Operations with Digital Decisioning
Increasing Productivity in Insurance Operations with Digital DecisioningIncreasing Productivity in Insurance Operations with Digital Decisioning
Increasing Productivity in Insurance Operations with Digital DecisioningDecision Management Solutions
 
Supercharge intelligence usage in your organization by personalizing competit...
Supercharge intelligence usage in your organization by personalizing competit...Supercharge intelligence usage in your organization by personalizing competit...
Supercharge intelligence usage in your organization by personalizing competit...Contify
 
SCG Social Media Analytics Introduction
SCG Social Media Analytics IntroductionSCG Social Media Analytics Introduction
SCG Social Media Analytics IntroductionChris Rigatuso
 
Big data & human knowledge:sxsw
Big data & human knowledge:sxswBig data & human knowledge:sxsw
Big data & human knowledge:sxswDo What Matters
 
Marketing management big data service design
Marketing management   big data service designMarketing management   big data service design
Marketing management big data service designAditya Madiraju
 
Predictive analytics and new CRM systems
Predictive analytics and new CRM systems Predictive analytics and new CRM systems
Predictive analytics and new CRM systems Valgen, Inc.
 
Accelerating Personalization to Cut Through Digital Noise
Accelerating Personalization to Cut Through Digital NoiseAccelerating Personalization to Cut Through Digital Noise
Accelerating Personalization to Cut Through Digital NoisePrecisely
 
Smarter Analytics giver dig indsigt i hele forretningen, Rich Holada, IBM US
Smarter Analytics giver dig indsigt i hele forretningen, Rich Holada, IBM USSmarter Analytics giver dig indsigt i hele forretningen, Rich Holada, IBM US
Smarter Analytics giver dig indsigt i hele forretningen, Rich Holada, IBM USIBM Danmark
 
Decision Automation using Models, Services and Dashboards Denis Gagne
Decision Automation using Models, Services and Dashboards   Denis GagneDecision Automation using Models, Services and Dashboards   Denis Gagne
Decision Automation using Models, Services and Dashboards Denis GagneDenis Gagné
 
How to become an Analytics-driven organization - and why bother? - IBM Smarte...
How to become an Analytics-driven organization - and why bother? - IBM Smarte...How to become an Analytics-driven organization - and why bother? - IBM Smarte...
How to become an Analytics-driven organization - and why bother? - IBM Smarte...IBM Sverige
 
The Digital Intelligence Imperative — Driving Digital Customer Experiences W...
 The Digital Intelligence Imperative — Driving Digital Customer Experiences W... The Digital Intelligence Imperative — Driving Digital Customer Experiences W...
The Digital Intelligence Imperative — Driving Digital Customer Experiences W...Tealium
 
Choosing Distributed Marketing Technology: 7 Key Considerations for the CTO/CIO
Choosing Distributed Marketing Technology: 7 Key Considerations for the CTO/CIOChoosing Distributed Marketing Technology: 7 Key Considerations for the CTO/CIO
Choosing Distributed Marketing Technology: 7 Key Considerations for the CTO/CIOSaepio Technologies
 
The Future of Finance - May 12, 2015
The Future of Finance - May 12, 2015The Future of Finance - May 12, 2015
The Future of Finance - May 12, 2015NG DATA
 
How Technology Can Enable Product and Process Innovation
How Technology Can Enable Product and Process InnovationHow Technology Can Enable Product and Process Innovation
How Technology Can Enable Product and Process InnovationVivastream
 
Unlock the Power of Customer Data
Unlock the Power of Customer DataUnlock the Power of Customer Data
Unlock the Power of Customer DataComcast Business
 
How Technology Can Enable Product and Process Innovation
How Technology Can Enable Product and Process InnovationHow Technology Can Enable Product and Process Innovation
How Technology Can Enable Product and Process InnovationVivastream
 

What's hot (20)

Delivering the Business Value of Analytics
Delivering the Business Value of Analytics Delivering the Business Value of Analytics
Delivering the Business Value of Analytics
 
Five Reasons to Fire Your Rules Consultant
Five Reasons to Fire Your Rules ConsultantFive Reasons to Fire Your Rules Consultant
Five Reasons to Fire Your Rules Consultant
 
Increasing Productivity in Insurance Operations with Digital Decisioning
Increasing Productivity in Insurance Operations with Digital DecisioningIncreasing Productivity in Insurance Operations with Digital Decisioning
Increasing Productivity in Insurance Operations with Digital Decisioning
 
Supercharge intelligence usage in your organization by personalizing competit...
Supercharge intelligence usage in your organization by personalizing competit...Supercharge intelligence usage in your organization by personalizing competit...
Supercharge intelligence usage in your organization by personalizing competit...
 
SCG Social Media Analytics Introduction
SCG Social Media Analytics IntroductionSCG Social Media Analytics Introduction
SCG Social Media Analytics Introduction
 
Big data & human knowledge:sxsw
Big data & human knowledge:sxswBig data & human knowledge:sxsw
Big data & human knowledge:sxsw
 
Marketing management big data service design
Marketing management   big data service designMarketing management   big data service design
Marketing management big data service design
 
Big data scoping final
Big data   scoping finalBig data   scoping final
Big data scoping final
 
Predictive analytics and new CRM systems
Predictive analytics and new CRM systems Predictive analytics and new CRM systems
Predictive analytics and new CRM systems
 
Accelerating Personalization to Cut Through Digital Noise
Accelerating Personalization to Cut Through Digital NoiseAccelerating Personalization to Cut Through Digital Noise
Accelerating Personalization to Cut Through Digital Noise
 
Smarter Analytics giver dig indsigt i hele forretningen, Rich Holada, IBM US
Smarter Analytics giver dig indsigt i hele forretningen, Rich Holada, IBM USSmarter Analytics giver dig indsigt i hele forretningen, Rich Holada, IBM US
Smarter Analytics giver dig indsigt i hele forretningen, Rich Holada, IBM US
 
Decision Automation using Models, Services and Dashboards Denis Gagne
Decision Automation using Models, Services and Dashboards   Denis GagneDecision Automation using Models, Services and Dashboards   Denis Gagne
Decision Automation using Models, Services and Dashboards Denis Gagne
 
How to become an Analytics-driven organization - and why bother? - IBM Smarte...
How to become an Analytics-driven organization - and why bother? - IBM Smarte...How to become an Analytics-driven organization - and why bother? - IBM Smarte...
How to become an Analytics-driven organization - and why bother? - IBM Smarte...
 
The Digital Intelligence Imperative — Driving Digital Customer Experiences W...
 The Digital Intelligence Imperative — Driving Digital Customer Experiences W... The Digital Intelligence Imperative — Driving Digital Customer Experiences W...
The Digital Intelligence Imperative — Driving Digital Customer Experiences W...
 
Choosing Distributed Marketing Technology: 7 Key Considerations for the CTO/CIO
Choosing Distributed Marketing Technology: 7 Key Considerations for the CTO/CIOChoosing Distributed Marketing Technology: 7 Key Considerations for the CTO/CIO
Choosing Distributed Marketing Technology: 7 Key Considerations for the CTO/CIO
 
Bi kpmg
Bi kpmgBi kpmg
Bi kpmg
 
The Future of Finance - May 12, 2015
The Future of Finance - May 12, 2015The Future of Finance - May 12, 2015
The Future of Finance - May 12, 2015
 
How Technology Can Enable Product and Process Innovation
How Technology Can Enable Product and Process InnovationHow Technology Can Enable Product and Process Innovation
How Technology Can Enable Product and Process Innovation
 
Unlock the Power of Customer Data
Unlock the Power of Customer DataUnlock the Power of Customer Data
Unlock the Power of Customer Data
 
How Technology Can Enable Product and Process Innovation
How Technology Can Enable Product and Process InnovationHow Technology Can Enable Product and Process Innovation
How Technology Can Enable Product and Process Innovation
 

Viewers also liked

Démarrer une stratégie de marketing web pour femmes entrepreneures.
Démarrer une stratégie de marketing web pour femmes entrepreneures.Démarrer une stratégie de marketing web pour femmes entrepreneures.
Démarrer une stratégie de marketing web pour femmes entrepreneures.Cégep de Trois-Rivières
 
Anovasia technology presentation nov2012 non-conf
Anovasia technology presentation nov2012 non-confAnovasia technology presentation nov2012 non-conf
Anovasia technology presentation nov2012 non-confJohn Dangerfield
 
Tugas 5 – Rekayasa Web (KU) - 1311511057 - Raden Doni Wijoyo
Tugas 5 – Rekayasa Web (KU) - 1311511057 - Raden Doni WijoyoTugas 5 – Rekayasa Web (KU) - 1311511057 - Raden Doni Wijoyo
Tugas 5 – Rekayasa Web (KU) - 1311511057 - Raden Doni WijoyoDoni Wijoyo
 
Conference M. Benhaddou ENSIAS 141216
Conference M. Benhaddou ENSIAS 141216Conference M. Benhaddou ENSIAS 141216
Conference M. Benhaddou ENSIAS 141216Karim Baïna
 
Emotional Inteligence: Build Bonds Between Your Brand and the Customer
Emotional Inteligence: Build Bonds Between Your Brand and the CustomerEmotional Inteligence: Build Bonds Between Your Brand and the Customer
Emotional Inteligence: Build Bonds Between Your Brand and the CustomerKinesis CEM, LLC
 
Ppt on waste with advantages
Ppt on waste with advantagesPpt on waste with advantages
Ppt on waste with advantagestarunateotia
 
Réseaux de bibliothèques à l'ère du cloud : que partager ? comment travailler...
Réseaux de bibliothèques à l'ère du cloud : que partager ? comment travailler...Réseaux de bibliothèques à l'ère du cloud : que partager ? comment travailler...
Réseaux de bibliothèques à l'ère du cloud : que partager ? comment travailler...Michèle Furer-Benedetti
 

Viewers also liked (13)

Biodegradable Materials, B-BPB
Biodegradable Materials, B-BPBBiodegradable Materials, B-BPB
Biodegradable Materials, B-BPB
 
Démarrer une stratégie de marketing web pour femmes entrepreneures.
Démarrer une stratégie de marketing web pour femmes entrepreneures.Démarrer une stratégie de marketing web pour femmes entrepreneures.
Démarrer une stratégie de marketing web pour femmes entrepreneures.
 
Anovasia technology presentation nov2012 non-conf
Anovasia technology presentation nov2012 non-confAnovasia technology presentation nov2012 non-conf
Anovasia technology presentation nov2012 non-conf
 
CTG_Presentation_2016_05_27_v01
CTG_Presentation_2016_05_27_v01CTG_Presentation_2016_05_27_v01
CTG_Presentation_2016_05_27_v01
 
Tugas 5 – Rekayasa Web (KU) - 1311511057 - Raden Doni Wijoyo
Tugas 5 – Rekayasa Web (KU) - 1311511057 - Raden Doni WijoyoTugas 5 – Rekayasa Web (KU) - 1311511057 - Raden Doni Wijoyo
Tugas 5 – Rekayasa Web (KU) - 1311511057 - Raden Doni Wijoyo
 
Conference M. Benhaddou ENSIAS 141216
Conference M. Benhaddou ENSIAS 141216Conference M. Benhaddou ENSIAS 141216
Conference M. Benhaddou ENSIAS 141216
 
Smart Sensors, Smart Hospital bed
Smart Sensors, Smart Hospital bedSmart Sensors, Smart Hospital bed
Smart Sensors, Smart Hospital bed
 
Emotional Inteligence: Build Bonds Between Your Brand and the Customer
Emotional Inteligence: Build Bonds Between Your Brand and the CustomerEmotional Inteligence: Build Bonds Between Your Brand and the Customer
Emotional Inteligence: Build Bonds Between Your Brand and the Customer
 
Ppt on waste with advantages
Ppt on waste with advantagesPpt on waste with advantages
Ppt on waste with advantages
 
Réseaux de bibliothèques à l'ère du cloud : que partager ? comment travailler...
Réseaux de bibliothèques à l'ère du cloud : que partager ? comment travailler...Réseaux de bibliothèques à l'ère du cloud : que partager ? comment travailler...
Réseaux de bibliothèques à l'ère du cloud : que partager ? comment travailler...
 
Seminaire drupal8 Lille
Seminaire drupal8 LilleSeminaire drupal8 Lille
Seminaire drupal8 Lille
 
Offre Search
Offre SearchOffre Search
Offre Search
 
Dam et e-business
Dam et e-businessDam et e-business
Dam et e-business
 

Similar to Building Customer Engagement & Loyalty with Predictive Analytics

Ecg Overview June2009
Ecg Overview June2009Ecg Overview June2009
Ecg Overview June2009mattmullen
 
Enfathom service overview
Enfathom service overviewEnfathom service overview
Enfathom service overviewchooylee
 
TCG proposition web copy
TCG proposition web copyTCG proposition web copy
TCG proposition web copyTheConroyGroup
 
Analytics services for hospitality
Analytics services for  hospitalityAnalytics services for  hospitality
Analytics services for hospitalityPankaj Jha
 
Big Data in Financial Services: How to Improve Performance with Data-Driven D...
Big Data in Financial Services: How to Improve Performance with Data-Driven D...Big Data in Financial Services: How to Improve Performance with Data-Driven D...
Big Data in Financial Services: How to Improve Performance with Data-Driven D...Perficient, Inc.
 
Predictive Analytics: The Next Wave in Business Intelligence
Predictive Analytics: The Next Wave in Business IntelligencePredictive Analytics: The Next Wave in Business Intelligence
Predictive Analytics: The Next Wave in Business IntelligencePerficient, Inc.
 
Mastering the Art of Relentless Marketing
Mastering the Art of Relentless MarketingMastering the Art of Relentless Marketing
Mastering the Art of Relentless MarketingTecla
 
Guiding Principles for Mobile Payment Readiness
Guiding Principles for Mobile Payment ReadinessGuiding Principles for Mobile Payment Readiness
Guiding Principles for Mobile Payment ReadinessPerficient, Inc.
 
Kpi & measurement strategy - AT Internet - jump 2012
Kpi & measurement strategy - AT Internet - jump 2012Kpi & measurement strategy - AT Internet - jump 2012
Kpi & measurement strategy - AT Internet - jump 2012AT Internet
 
Gartner Session Final Prez October 2012
Gartner Session Final Prez October 2012Gartner Session Final Prez October 2012
Gartner Session Final Prez October 2012Rebecca Croucher
 
Erfolgreicher agieren mit Analytics_Markus Barmettler_IBM Symposium 2013
Erfolgreicher agieren mit Analytics_Markus Barmettler_IBM Symposium 2013Erfolgreicher agieren mit Analytics_Markus Barmettler_IBM Symposium 2013
Erfolgreicher agieren mit Analytics_Markus Barmettler_IBM Symposium 2013IBM Switzerland
 
Frost And Sullivan 2009
Frost And Sullivan 2009Frost And Sullivan 2009
Frost And Sullivan 2009Don Lamping
 

Similar to Building Customer Engagement & Loyalty with Predictive Analytics (20)

Webinar 10 applications of marketing automation
Webinar   10 applications of marketing automationWebinar   10 applications of marketing automation
Webinar 10 applications of marketing automation
 
Ecg Overview June2009
Ecg Overview June2009Ecg Overview June2009
Ecg Overview June2009
 
Predictive analytics in decision management systems
Predictive analytics in decision management systemsPredictive analytics in decision management systems
Predictive analytics in decision management systems
 
Enfathom service overview
Enfathom service overviewEnfathom service overview
Enfathom service overview
 
Four capabilities of decision management systems
Four capabilities of decision management systemsFour capabilities of decision management systems
Four capabilities of decision management systems
 
TCG proposition web copy
TCG proposition web copyTCG proposition web copy
TCG proposition web copy
 
TCG proposition web copy
TCG proposition web copyTCG proposition web copy
TCG proposition web copy
 
Analytics services for hospitality
Analytics services for  hospitalityAnalytics services for  hospitality
Analytics services for hospitality
 
Big Data in Financial Services: How to Improve Performance with Data-Driven D...
Big Data in Financial Services: How to Improve Performance with Data-Driven D...Big Data in Financial Services: How to Improve Performance with Data-Driven D...
Big Data in Financial Services: How to Improve Performance with Data-Driven D...
 
From BI to Predictive Analytics
From BI to Predictive AnalyticsFrom BI to Predictive Analytics
From BI to Predictive Analytics
 
Predictive Analytics at the Speed of Business
Predictive Analytics at the Speed of BusinessPredictive Analytics at the Speed of Business
Predictive Analytics at the Speed of Business
 
BRIDGEi2i Analytics Solutions Introduction
BRIDGEi2i Analytics Solutions IntroductionBRIDGEi2i Analytics Solutions Introduction
BRIDGEi2i Analytics Solutions Introduction
 
Predictive Analytics: The Next Wave in Business Intelligence
Predictive Analytics: The Next Wave in Business IntelligencePredictive Analytics: The Next Wave in Business Intelligence
Predictive Analytics: The Next Wave in Business Intelligence
 
Mastering the Art of Relentless Marketing
Mastering the Art of Relentless MarketingMastering the Art of Relentless Marketing
Mastering the Art of Relentless Marketing
 
Guiding Principles for Mobile Payment Readiness
Guiding Principles for Mobile Payment ReadinessGuiding Principles for Mobile Payment Readiness
Guiding Principles for Mobile Payment Readiness
 
Kpi & measurement strategy - AT Internet - jump 2012
Kpi & measurement strategy - AT Internet - jump 2012Kpi & measurement strategy - AT Internet - jump 2012
Kpi & measurement strategy - AT Internet - jump 2012
 
Gartner Session Final Prez October 2012
Gartner Session Final Prez October 2012Gartner Session Final Prez October 2012
Gartner Session Final Prez October 2012
 
Erfolgreicher agieren mit Analytics_Markus Barmettler_IBM Symposium 2013
Erfolgreicher agieren mit Analytics_Markus Barmettler_IBM Symposium 2013Erfolgreicher agieren mit Analytics_Markus Barmettler_IBM Symposium 2013
Erfolgreicher agieren mit Analytics_Markus Barmettler_IBM Symposium 2013
 
Mx.Credentials Usa
Mx.Credentials UsaMx.Credentials Usa
Mx.Credentials Usa
 
Frost And Sullivan 2009
Frost And Sullivan 2009Frost And Sullivan 2009
Frost And Sullivan 2009
 

More from Decision Management Solutions

Backward Engineering: Plan Machine Learning Deployment in Reverse
Backward Engineering: Plan Machine Learning Deployment in ReverseBackward Engineering: Plan Machine Learning Deployment in Reverse
Backward Engineering: Plan Machine Learning Deployment in ReverseDecision Management Solutions
 
Mind The Gap - Refinements to DMN 1.1 Suggested by Real-World Experience
Mind The Gap - Refinements to DMN 1.1 Suggested by Real-World ExperienceMind The Gap - Refinements to DMN 1.1 Suggested by Real-World Experience
Mind The Gap - Refinements to DMN 1.1 Suggested by Real-World ExperienceDecision Management Solutions
 
Bringing clarity to analytics projects with decision modeling: a leading prac...
Bringing clarity to analytics projects with decision modeling: a leading prac...Bringing clarity to analytics projects with decision modeling: a leading prac...
Bringing clarity to analytics projects with decision modeling: a leading prac...Decision Management Solutions
 
Analytics Teams: 5 Things You Need to Know Before You Deploy Your Model
Analytics Teams: 5 Things You Need to Know Before You Deploy Your ModelAnalytics Teams: 5 Things You Need to Know Before You Deploy Your Model
Analytics Teams: 5 Things You Need to Know Before You Deploy Your ModelDecision Management Solutions
 
3 Reasons to Adopt Decision Modeling in your BRMS Program
3 Reasons to Adopt Decision Modeling in your BRMS Program3 Reasons to Adopt Decision Modeling in your BRMS Program
3 Reasons to Adopt Decision Modeling in your BRMS ProgramDecision Management Solutions
 
Analytics Teams: 6 Questions To Ask Your Business Partner Before You Model
Analytics Teams: 6 Questions To Ask Your Business Partner Before You ModelAnalytics Teams: 6 Questions To Ask Your Business Partner Before You Model
Analytics Teams: 6 Questions To Ask Your Business Partner Before You ModelDecision Management Solutions
 
4 Reasons to Start with Decision Modeling on Your First BRMS Project
4 Reasons to Start with Decision Modeling on Your First BRMS Project4 Reasons to Start with Decision Modeling on Your First BRMS Project
4 Reasons to Start with Decision Modeling on Your First BRMS ProjectDecision Management Solutions
 
How to Innovate Risk Management and Customer Centricity
How to Innovate Risk Management and Customer CentricityHow to Innovate Risk Management and Customer Centricity
How to Innovate Risk Management and Customer CentricityDecision Management Solutions
 
Lessons Learned from the Real-life Deployment of Decision Management at Scale
Lessons Learned from the Real-life Deployment of Decision Management at ScaleLessons Learned from the Real-life Deployment of Decision Management at Scale
Lessons Learned from the Real-life Deployment of Decision Management at ScaleDecision Management Solutions
 
Extending Business Architecture with Regulatory Architecture using Decisions ...
Extending Business Architecture with Regulatory Architecture using Decisions ...Extending Business Architecture with Regulatory Architecture using Decisions ...
Extending Business Architecture with Regulatory Architecture using Decisions ...Decision Management Solutions
 
Good Old UServ Product Derby in the Brave New World of Decision Management
Good Old UServ Product Derby in the Brave New World of Decision Management Good Old UServ Product Derby in the Brave New World of Decision Management
Good Old UServ Product Derby in the Brave New World of Decision Management Decision Management Solutions
 

More from Decision Management Solutions (20)

Customer digitaldecisioningfinal
Customer digitaldecisioningfinalCustomer digitaldecisioningfinal
Customer digitaldecisioningfinal
 
Introduction to Digital Decisioning
Introduction to Digital DecisioningIntroduction to Digital Decisioning
Introduction to Digital Decisioning
 
Introduction to Digital Decisioning
Introduction to Digital DecisioningIntroduction to Digital Decisioning
Introduction to Digital Decisioning
 
Backward Engineering: Plan Machine Learning Deployment in Reverse
Backward Engineering: Plan Machine Learning Deployment in ReverseBackward Engineering: Plan Machine Learning Deployment in Reverse
Backward Engineering: Plan Machine Learning Deployment in Reverse
 
3 Secrets to Becoming a Predictive Enterprise
3 Secrets to Becoming a Predictive Enterprise3 Secrets to Becoming a Predictive Enterprise
3 Secrets to Becoming a Predictive Enterprise
 
3 Critical Elements of a Digital Business Platform
3 Critical Elements of a Digital Business Platform3 Critical Elements of a Digital Business Platform
3 Critical Elements of a Digital Business Platform
 
The role of decision models in analytic excellence
The role of decision models in analytic excellenceThe role of decision models in analytic excellence
The role of decision models in analytic excellence
 
Mind The Gap - Refinements to DMN 1.1 Suggested by Real-World Experience
Mind The Gap - Refinements to DMN 1.1 Suggested by Real-World ExperienceMind The Gap - Refinements to DMN 1.1 Suggested by Real-World Experience
Mind The Gap - Refinements to DMN 1.1 Suggested by Real-World Experience
 
Bringing clarity to analytics projects with decision modeling: a leading prac...
Bringing clarity to analytics projects with decision modeling: a leading prac...Bringing clarity to analytics projects with decision modeling: a leading prac...
Bringing clarity to analytics projects with decision modeling: a leading prac...
 
Analytics Teams: 5 Things You Need to Know Before You Deploy Your Model
Analytics Teams: 5 Things You Need to Know Before You Deploy Your ModelAnalytics Teams: 5 Things You Need to Know Before You Deploy Your Model
Analytics Teams: 5 Things You Need to Know Before You Deploy Your Model
 
3 Reasons to Adopt Decision Modeling in your BRMS Program
3 Reasons to Adopt Decision Modeling in your BRMS Program3 Reasons to Adopt Decision Modeling in your BRMS Program
3 Reasons to Adopt Decision Modeling in your BRMS Program
 
Analytics Teams: 6 Questions To Ask Your Business Partner Before You Model
Analytics Teams: 6 Questions To Ask Your Business Partner Before You ModelAnalytics Teams: 6 Questions To Ask Your Business Partner Before You Model
Analytics Teams: 6 Questions To Ask Your Business Partner Before You Model
 
4 Reasons to Start with Decision Modeling on Your First BRMS Project
4 Reasons to Start with Decision Modeling on Your First BRMS Project4 Reasons to Start with Decision Modeling on Your First BRMS Project
4 Reasons to Start with Decision Modeling on Your First BRMS Project
 
DecisionsFrst Modeler and Red Hat JBoss BRMS
DecisionsFrst Modeler and Red Hat JBoss BRMSDecisionsFrst Modeler and Red Hat JBoss BRMS
DecisionsFrst Modeler and Red Hat JBoss BRMS
 
DecisionsFirst Modeler and IBM ODM Demonstration
DecisionsFirst Modeler and IBM ODM Demonstration DecisionsFirst Modeler and IBM ODM Demonstration
DecisionsFirst Modeler and IBM ODM Demonstration
 
How to Innovate Risk Management and Customer Centricity
How to Innovate Risk Management and Customer CentricityHow to Innovate Risk Management and Customer Centricity
How to Innovate Risk Management and Customer Centricity
 
Lessons Learned from the Real-life Deployment of Decision Management at Scale
Lessons Learned from the Real-life Deployment of Decision Management at ScaleLessons Learned from the Real-life Deployment of Decision Management at Scale
Lessons Learned from the Real-life Deployment of Decision Management at Scale
 
Extending Business Architecture with Regulatory Architecture using Decisions ...
Extending Business Architecture with Regulatory Architecture using Decisions ...Extending Business Architecture with Regulatory Architecture using Decisions ...
Extending Business Architecture with Regulatory Architecture using Decisions ...
 
Good Old UServ Product Derby in the Brave New World of Decision Management
Good Old UServ Product Derby in the Brave New World of Decision Management Good Old UServ Product Derby in the Brave New World of Decision Management
Good Old UServ Product Derby in the Brave New World of Decision Management
 
How to succeed with advanced analytics at scale
How to succeed with advanced analytics at scaleHow to succeed with advanced analytics at scale
How to succeed with advanced analytics at scale
 

Recently uploaded

Install Stable Diffusion in windows machine
Install Stable Diffusion in windows machineInstall Stable Diffusion in windows machine
Install Stable Diffusion in windows machinePadma Pradeep
 
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | DelhiFULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhisoniya singh
 
08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking MenDelhi Call girls
 
How to convert PDF to text with Nanonets
How to convert PDF to text with NanonetsHow to convert PDF to text with Nanonets
How to convert PDF to text with Nanonetsnaman860154
 
Slack Application Development 101 Slides
Slack Application Development 101 SlidesSlack Application Development 101 Slides
Slack Application Development 101 Slidespraypatel2
 
Beyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry InnovationBeyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry InnovationSafe Software
 
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking MenDelhi Call girls
 
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmaticsKotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmaticscarlostorres15106
 
08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking Men08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking MenDelhi Call girls
 
My Hashitalk Indonesia April 2024 Presentation
My Hashitalk Indonesia April 2024 PresentationMy Hashitalk Indonesia April 2024 Presentation
My Hashitalk Indonesia April 2024 PresentationRidwan Fadjar
 
Pigging Solutions in Pet Food Manufacturing
Pigging Solutions in Pet Food ManufacturingPigging Solutions in Pet Food Manufacturing
Pigging Solutions in Pet Food ManufacturingPigging Solutions
 
Hyderabad Call Girls Khairatabad ✨ 7001305949 ✨ Cheap Price Your Budget
Hyderabad Call Girls Khairatabad ✨ 7001305949 ✨ Cheap Price Your BudgetHyderabad Call Girls Khairatabad ✨ 7001305949 ✨ Cheap Price Your Budget
Hyderabad Call Girls Khairatabad ✨ 7001305949 ✨ Cheap Price Your BudgetEnjoy Anytime
 
Enhancing Worker Digital Experience: A Hands-on Workshop for Partners
Enhancing Worker Digital Experience: A Hands-on Workshop for PartnersEnhancing Worker Digital Experience: A Hands-on Workshop for Partners
Enhancing Worker Digital Experience: A Hands-on Workshop for PartnersThousandEyes
 
Azure Monitor & Application Insight to monitor Infrastructure & Application
Azure Monitor & Application Insight to monitor Infrastructure & ApplicationAzure Monitor & Application Insight to monitor Infrastructure & Application
Azure Monitor & Application Insight to monitor Infrastructure & ApplicationAndikSusilo4
 
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure serviceWhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure servicePooja Nehwal
 
Pigging Solutions Piggable Sweeping Elbows
Pigging Solutions Piggable Sweeping ElbowsPigging Solutions Piggable Sweeping Elbows
Pigging Solutions Piggable Sweeping ElbowsPigging Solutions
 
Benefits Of Flutter Compared To Other Frameworks
Benefits Of Flutter Compared To Other FrameworksBenefits Of Flutter Compared To Other Frameworks
Benefits Of Flutter Compared To Other FrameworksSoftradix Technologies
 
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking MenDelhi Call girls
 

Recently uploaded (20)

Install Stable Diffusion in windows machine
Install Stable Diffusion in windows machineInstall Stable Diffusion in windows machine
Install Stable Diffusion in windows machine
 
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | DelhiFULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
 
08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men
 
How to convert PDF to text with Nanonets
How to convert PDF to text with NanonetsHow to convert PDF to text with Nanonets
How to convert PDF to text with Nanonets
 
Slack Application Development 101 Slides
Slack Application Development 101 SlidesSlack Application Development 101 Slides
Slack Application Development 101 Slides
 
Beyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry InnovationBeyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
 
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
 
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmaticsKotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
 
08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking Men08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking Men
 
My Hashitalk Indonesia April 2024 Presentation
My Hashitalk Indonesia April 2024 PresentationMy Hashitalk Indonesia April 2024 Presentation
My Hashitalk Indonesia April 2024 Presentation
 
Pigging Solutions in Pet Food Manufacturing
Pigging Solutions in Pet Food ManufacturingPigging Solutions in Pet Food Manufacturing
Pigging Solutions in Pet Food Manufacturing
 
Vulnerability_Management_GRC_by Sohang Sengupta.pptx
Vulnerability_Management_GRC_by Sohang Sengupta.pptxVulnerability_Management_GRC_by Sohang Sengupta.pptx
Vulnerability_Management_GRC_by Sohang Sengupta.pptx
 
Hyderabad Call Girls Khairatabad ✨ 7001305949 ✨ Cheap Price Your Budget
Hyderabad Call Girls Khairatabad ✨ 7001305949 ✨ Cheap Price Your BudgetHyderabad Call Girls Khairatabad ✨ 7001305949 ✨ Cheap Price Your Budget
Hyderabad Call Girls Khairatabad ✨ 7001305949 ✨ Cheap Price Your Budget
 
Enhancing Worker Digital Experience: A Hands-on Workshop for Partners
Enhancing Worker Digital Experience: A Hands-on Workshop for PartnersEnhancing Worker Digital Experience: A Hands-on Workshop for Partners
Enhancing Worker Digital Experience: A Hands-on Workshop for Partners
 
Azure Monitor & Application Insight to monitor Infrastructure & Application
Azure Monitor & Application Insight to monitor Infrastructure & ApplicationAzure Monitor & Application Insight to monitor Infrastructure & Application
Azure Monitor & Application Insight to monitor Infrastructure & Application
 
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure serviceWhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
 
Pigging Solutions Piggable Sweeping Elbows
Pigging Solutions Piggable Sweeping ElbowsPigging Solutions Piggable Sweeping Elbows
Pigging Solutions Piggable Sweeping Elbows
 
E-Vehicle_Hacking_by_Parul Sharma_null_owasp.pptx
E-Vehicle_Hacking_by_Parul Sharma_null_owasp.pptxE-Vehicle_Hacking_by_Parul Sharma_null_owasp.pptx
E-Vehicle_Hacking_by_Parul Sharma_null_owasp.pptx
 
Benefits Of Flutter Compared To Other Frameworks
Benefits Of Flutter Compared To Other FrameworksBenefits Of Flutter Compared To Other Frameworks
Benefits Of Flutter Compared To Other Frameworks
 
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
 

Building Customer Engagement & Loyalty with Predictive Analytics

  • 1. Engagement, Loyalty, James Taylor, CEO Costs and Growth Brad Turner, VP Marketing and Driving retail success Business Development with predictive analytics & decision management @inkriu @decisionmgt #decisionmgt
  • 2. Your presenters James Taylor Brad Turner CEO of Decision VP Marketing and Business Management Solutions Development at Inkiru 20+ years working with 25+ years in technology, clients to improve the way focused on networking and they build systems. cloud-based database © Decision Management Solutions, 2013
  • 3. AGENDA 1 2 Building Customer Engagement & Controlling Costs 3 Driving a Long Term Growth Strategy Loyalty 4 5 6 Key Benefits of Questions and How to Get Inkiru Predictive Answers Started Analytics Platform
  • 4. Staying Competitive Requires Analytics #1 Data #2 Know-how #3 Intelligence © Decision Management Solutions, 2013
  • 6. How do I find my most profitable customers and build deeper relationships with them? How can we predict which products will be most popular among our regular shoppers? How can I build stronger customer loyalty than my competition? © Decision Management Solutions, 2013
  • 7. Target individuals with analytics © Decision Management Solutions, 2013
  • 8. Personalize every response The best response changes in each situation Target with analytically derived micro segments Personalize messaging and offers Focus predictive analytics on each decision © Decision Management Solutions, 2013
  • 9. Success requires a clear target © Decision Management Solutions, 2013
  • 11. How can we reduce fraud-related expenses? How can we make operations smooth and efficient? How can I use analytics to reduce back-office staffing? © Decision Management Solutions, 2013
  • 12. Break operational ratios with analytics © Decision Management Solutions, 2013
  • 13. Real-time fraud detection Business event Decision latency Action taken © Decision Management Solutions, 2013
  • 14. Predictive analytics drives action Operational Systems Decision Management Systems link Decision analytics to operational systems Analytic Systems © Decision Management Solutions, 2013
  • 15. Driving a Long Term Growth Strategy
  • 16. How do I build a marketing strategy that maintains its effectiveness? How do I send out fewer offers and get more responses? How do I find out which promotions will work and which will not? © Decision Management Solutions, 2013
  • 17. Maximize LTV in all channels Decision © Decision Management Solutions, 2013
  • 18. Continuously improve decisions © Decision Management Solutions, 2013
  • 19. Industrialize analytics Cottage industries don’t scale Factories do © Decision Management Solutions, 2013
  • 20. Key Benefits of the Inkiru Predictive Analytics Platform
  • 21. Key Benefits • Algorithms and response models score transactions in real-time during the customer interaction on your site • Integration with external data sources 20 Confidential and Proprietary Information
  • 22. Key Benefits • Simple integration • Data is taken advantage of and utilized during the peak of its shelf life • End-to-end model design, development, deployment, maintenance 21 Confidential and Proprietary Information
  • 23. Key Benefits • Hosts a variety real-time models • Allows for multiple scoring algorithms to score the same event 22 Confidential and Proprietary Information
  • 24. Use Cases Marketing Merchandising Operational Excellence • Dynamic Ad Campaigns • Product • Fraud/Risk • Improve Customer Recommendations Management Loyalty • Price based Promotions • Inventory Optimization • Offer Customization • Upsell and Cross sell • Payment Optimization • Customer Lifetime • Shopping Cart Value Predictions Abandonment 23 Confidential and Proprietary Information
  • 25. Case Studies 24 Confidential and Proprietary Information
  • 26. Case Study—Operational Excellence Automated fraud detection lowers loss while raising profits 20% for this social entertainment website. 25 Confidential and Proprietary Information
  • 27. Case Study—Marketing Automated email campaign optimization increases click-thru rate 10%. 26 Confidential and Proprietary Information
  • 28. Case Study—Merchandising Increased personalization enhances customer experience—boosts first-page conversion 120% 27 Confidential and Proprietary Information
  • 31. How to Get Started Focus on key decisions in customer engagement, cost control and growth Drive better decisions with integrated predictive analytics at scale Focus on using predictive analytics in real-time using decision management systems © Decision Management Solutions, 2013
  • 32. Learn More Download the free whitepaper Using Predictive Analytics and Decision Management in Retail Visit us at decisionmanagementsolutions.com inkiru.com © Decision Management Solutions, 2013
  • 33. Thank You James Taylor james@decisionmanagementsolutions.com Brad Turner brad@inkiru.com