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Predictive & real-time marketing trends overview
1. Predictive & real time marketing
Overview and trends
Prof.dr. Ed Peelen
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3.
4. Marketing Management / Ed Peelen 4
Online Social Mobile data
Source: Mieke Ketelaere, SAS
5. 2. Potential impact: Internet of Things
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Connectivity and big data – smart products – Google car
What are some consequences?
Insurances?
Blind people driving
Traffic jams?
Car maintenance
Ownership of a car
11. Basket analysis
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T = a transaction at the check out
P = products
Product network:
Node = product
Edge = relation between a pair
of nodes
How frequently is a network
of products bought simultaneously?
How frequently do you find this bundle
in the basket?
Source: Videla-Cavieres et al (2014)
17. Location based personalization
Shopping list sorted based on location
Staf support
Promotions based upon shopping list and
location
Promotions based upon journey and location
Service: finding your way…
Marketing Management / Ed Peelen 17
22. Macy 1 billion customized actions (incl.non addressed)
QR-codes in the store: 30 seconds interview with
Tommy Hilfinger, discussing fashion trends,
illustrated (fashion show)
Internet access everywhere in the dept store
E-commerce pick up points
Flagship store
Events
Personal shoppers
Apps
23. Monitoring
Brand Tracker
Brand associations network
Recognizing campaigns, etc.
Construct measurement model
(KPIs)
Media Effect
Data sources, tracing online
paths
Time series analysis (paths)
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24. Privacy
What does your privacy
statement state about
the use of
customer/non-customer
data streamed/collected
in public space?
How will
customers/prospect
perceive the value of
the use of big data?
2 December 2015 24
Jones, suggested literature