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WHY ONE2ONE?
PROJECT




DATE                      AUDIENCE
          28 APRIL 2009              MU J-SCHOOL/STRAT. COMM. STUDENTS
agenda
one2one
about martech
personal brand
job market
what is
one2one?
➡   An extreme form of segmentation, with
    a target segment of size one
➡   Matching high-value targets with
    high-value pieces
➡   Dynamic messages that leverage the
    use of variable data
➡   Driven by advances in data analysis and
    technology
➡   Works best in cross-platform channels


➡The future.
one2one uses...
        ➡a stronger emphasis on tactics
        ➡tools and CTAʼs to move prospects or customers to the next
        level
        ➡Two forms: personalization and customization.
           ➡Personalization occurs when the firm decides what
             marketing mix is suitable for the individual. It is usually based
             on previously collected customer data.
           ➡Customization occurs when the customer proactively
             specifies one or more elements of his or her marketing mix.


       A distinguishing feature is its reliance on statistical
            analysis of customer data to predict customer
      response to prices, promotions, or communications.
Source: Springer Science + Business Media, LLC 2008
3 levels
    mass market (one-to-all) — each
   customer receives the same coupon.
  1) segment (one-to-n)—each member of
  the same customer segment receives the
  same coupon.
  2) individual (one-to-one)—each customer
  receives an individualized coupon.
case in point
       Portola Plaza Hotel, California
  OBJECTIVE
  to increase revenue and reduce inventory.

  PROGRAM
  Invitations are sent to previous customers directing them to a personalized
  URL (PURL) e.g. www.portolahotel.com/stephanie.odear to gather information
  about guest preferences. After detailed analysis, direct mail was sent to these
  customers offering them discounts and other promotional offers to encourage
  them to come to the hotel.

  RESULT
  Saw a significant increase in revenue and was successful in retaining its
  customers

  SUPPORTIVE RESEARCH
  Rossi et al. (1996): utilizing household purchase history data and empirically
  found that individual personalization improves 7.6% over mass optimization.
  Ansari and Mela (2003): content-targeting can potentially increase the expected
  number of click through by 62%.
VARIABLE DATA FIELDS
UNLIMITED PERSONALIZATION




  variable data in action
challenges
 INVASION OF PRIVACY
 Personalization thrives on data, driving
 companies to stretch the envelope on what data they collect.
 Personalization is expensive. It requires data and expensive software for
 implementation.

 Smoother implementation needs future advances: (Black and Thomas 2004)
 (1) collecting the data
 (2) transforming the data into insights
 (3) operationalizing the results.

 ACCURATE PREDICTOR MODELS
 ➡ The simpler the better
 ➡ RFM = Recency–Frequency–Monetary Value
 ➡ Uses information about a customerʼs most recent purchase, her frequency
   of purchase, and the dollar value of her past purchase to predict her
   likelihood of purchasing a product in the future.
about martech
  ➡ Founded 1988 located in Kansas City, KS
  ➡ Privately owned, family company with 67 employees
  ➡ Experts using variable data in cross-platform marketing channels
  ➡ www.martechonline.com

      "We are a strategic communications firm
      specializing in one-to-one marketing and
    dynamic, direct programs using sophisticated,
                 targeted vehicles."
  Brand Essence
  c r e a t e      c o n n e c t       c a p t u r e

  Brand Value
  everything matters

  The 1 Thing
  “We will be the firm of choice for premier one-to-one marketing and CRM programs
  by developing and delivering dynamic strategic communications consulting and
  output and offering best-in-field client service and results.”
personal brand
               Grooming
                Clothes
         Cell Phone Ringtone
               Voicemail
       Greeting for work and cell
          Reading material
           Food and Drink
          Who you live with
           Business cards
                 E-mail
personal brand
           SOCIAL MEDIA PITFALLS
       Link, Poke and Tweet:
  Amping Your Personal Brand, Digitally




 HTTP://WWW.SLIDESHARE.NET/PATCHCHORD/LINK-POKE-TWEET
I NEED A JOB.
   OR A DRINK.
CREATE
CONNECT
    CAPTURE

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MU School of Journalism one2one

  • 1. WHY ONE2ONE? PROJECT DATE AUDIENCE 28 APRIL 2009 MU J-SCHOOL/STRAT. COMM. STUDENTS
  • 3. what is one2one? ➡ An extreme form of segmentation, with a target segment of size one ➡ Matching high-value targets with high-value pieces ➡ Dynamic messages that leverage the use of variable data ➡ Driven by advances in data analysis and technology ➡ Works best in cross-platform channels ➡The future.
  • 4. one2one uses... ➡a stronger emphasis on tactics ➡tools and CTAʼs to move prospects or customers to the next level ➡Two forms: personalization and customization. ➡Personalization occurs when the firm decides what marketing mix is suitable for the individual. It is usually based on previously collected customer data. ➡Customization occurs when the customer proactively specifies one or more elements of his or her marketing mix. A distinguishing feature is its reliance on statistical analysis of customer data to predict customer response to prices, promotions, or communications. Source: Springer Science + Business Media, LLC 2008
  • 5. 3 levels mass market (one-to-all) — each customer receives the same coupon. 1) segment (one-to-n)—each member of the same customer segment receives the same coupon. 2) individual (one-to-one)—each customer receives an individualized coupon.
  • 6. case in point Portola Plaza Hotel, California OBJECTIVE to increase revenue and reduce inventory. PROGRAM Invitations are sent to previous customers directing them to a personalized URL (PURL) e.g. www.portolahotel.com/stephanie.odear to gather information about guest preferences. After detailed analysis, direct mail was sent to these customers offering them discounts and other promotional offers to encourage them to come to the hotel. RESULT Saw a significant increase in revenue and was successful in retaining its customers SUPPORTIVE RESEARCH Rossi et al. (1996): utilizing household purchase history data and empirically found that individual personalization improves 7.6% over mass optimization. Ansari and Mela (2003): content-targeting can potentially increase the expected number of click through by 62%.
  • 7. VARIABLE DATA FIELDS UNLIMITED PERSONALIZATION variable data in action
  • 8. challenges INVASION OF PRIVACY Personalization thrives on data, driving companies to stretch the envelope on what data they collect. Personalization is expensive. It requires data and expensive software for implementation. Smoother implementation needs future advances: (Black and Thomas 2004) (1) collecting the data (2) transforming the data into insights (3) operationalizing the results. ACCURATE PREDICTOR MODELS ➡ The simpler the better ➡ RFM = Recency–Frequency–Monetary Value ➡ Uses information about a customerʼs most recent purchase, her frequency of purchase, and the dollar value of her past purchase to predict her likelihood of purchasing a product in the future.
  • 9. about martech ➡ Founded 1988 located in Kansas City, KS ➡ Privately owned, family company with 67 employees ➡ Experts using variable data in cross-platform marketing channels ➡ www.martechonline.com "We are a strategic communications firm specializing in one-to-one marketing and dynamic, direct programs using sophisticated, targeted vehicles." Brand Essence c r e a t e c o n n e c t c a p t u r e Brand Value everything matters The 1 Thing “We will be the firm of choice for premier one-to-one marketing and CRM programs by developing and delivering dynamic strategic communications consulting and output and offering best-in-field client service and results.”
  • 10. personal brand Grooming Clothes Cell Phone Ringtone Voicemail Greeting for work and cell Reading material Food and Drink Who you live with Business cards E-mail
  • 11. personal brand SOCIAL MEDIA PITFALLS Link, Poke and Tweet: Amping Your Personal Brand, Digitally HTTP://WWW.SLIDESHARE.NET/PATCHCHORD/LINK-POKE-TWEET
  • 12. I NEED A JOB. OR A DRINK.
  • 13. CREATE CONNECT CAPTURE