SlideShare a Scribd company logo
1 of 1
Download to read offline
Regardless
of device
99% In any digital
marketing channel
98%
34%
54%
For the fastest marketing teams, real time means responding to a customer action in a near instantaneous
fashion. For others, responses are slower. But nearly everyone agrees that there’s a lot of room to
speed up.
HOW FAST DO YOU NEED TO BE?
Within a second Within a few seconds Within two minutes
Real-time marketing, noun: The practice of targeting customers in a near instantaneous manner,
and using specific data points to personalise messages and product offerings across all channels
and devices.
Sound like a lot? It’s not. With the right tools, real-time marketing is easy... and the opportunity is
huge—especially for those who get there first.
A recent study shows only 8% of marketing professionals are using real-time data to impact their
marketing. But those who are using that data to create valuable, relevant and in-the-moment
customer experiences are seeing a 26% lift in conversion rates.
Taken together, these figures create a clear message: the race to real time is on.
|
12% 19%
Better customer
experience
Improved conversion
rates
Improved customer
relations
49% 20%
Within a day
12%
How do you define real-time marketing?
Even when marketers are clearing those hurdles, they’re lacking the training needed to finish
strong. Most report that they’re struggling to create strategies and tactics that take advantage
of real-time capabilities.
Ineffective
Effective
Highly Effective
Conceiving
business strategy
and tactics to
take advantage
of real-time
capabilities
6%
71%
23%
Designing
customer
experiences that
take advantage
of real-time
responses
5%
74%
21%
How would you describe your organisation’s current effectiveness in
the following areas?
Is your marketing technology good enough to execute real-time marketing?
Do you combine disparate customer data into one centralised warehouse?
1. Focus on a goal. You’ll accomplish more in your race to real-time marketing
if you set yourself clear goals.
Find quick wins that contribute to the success of your business: Are you
looking to improve customer experience based on device? Across channel?
Based on prior behavior? Based on in-the-moment behavior?
If you can prioritise your answers to these questions, you’ll be able to focus
on each individually and accelerate your real-time marketing initiatives.
2. Use high-impact data. Use the data that aligns with your goals to better
understand what makes your customers tick. This will help you evaluate
your current customer experience, consider changes, and improve
conversion rates.
The five most effective data sources for real-time marketing are customer
segments, transactional information, device/browser, current location, and
content viewed.
3. Invest in the right technology. Find the technology that helps you eliminate
your barriers and accelerate your business.
Only 29% of in-house marketers believe they have a strong data capability,
and that number drops to 21% for marketing technology. If you’re in this boat,
prioritise finding a marketing solution that will pull together disparate data
sources and allow you to take marketing actions in real time.
Are your real-time marketing efforts sufficient to get the best business
results for the foreseeable future?
Organisational barriers
Talent
Preparedness
Those willing to sprint out of the blocks are facing a series of hurdles. But they’re not as large as
some might think. They can be cleared with the right technology and the right partnership.
WHAT’S SLOWING YOU DOWN?
It’s not just about capturing marketing gold. Real-time marketing helps the customer win and keeps
you in the race for their attention longer than before.
WHAT’S THE PRIZE?
Cost
Lack of knowledge/skills
Poor marketing technology
Company culture
Lack of a unified customer database
No 67% Yes 33%No 67% Yes 33%
No 81% Yes 19%No 81% Yes 19%
Consumers increasingly expect us to provide relevant information:
Crowd-Pleasing Performances
84% 47%72%
Three training tips
to speed up your race to real-time marketing.
Source: Econsultancy/Monetate
Real-Time Marketing Report
THE RACE TO
REAL-TIME
MARKETING

More Related Content

What's hot

Panel Discussion: DemandGen Report Marketing Automation User Survey
Panel Discussion: DemandGen Report Marketing Automation User SurveyPanel Discussion: DemandGen Report Marketing Automation User Survey
Panel Discussion: DemandGen Report Marketing Automation User Survey
Manticore Technology
 

What's hot (20)

Use behavioural insights to more accurately predict the future
Use behavioural insights to more accurately predict the futureUse behavioural insights to more accurately predict the future
Use behavioural insights to more accurately predict the future
 
10 Sanity-checks for Efficient Data Management
10 Sanity-checks for Efficient Data Management 10 Sanity-checks for Efficient Data Management
10 Sanity-checks for Efficient Data Management
 
Realizing Customer-Centric Marketing with Programmatic Technology, Argyle CMO...
Realizing Customer-Centric Marketing with Programmatic Technology, Argyle CMO...Realizing Customer-Centric Marketing with Programmatic Technology, Argyle CMO...
Realizing Customer-Centric Marketing with Programmatic Technology, Argyle CMO...
 
Panel Discussion: DemandGen Report Marketing Automation User Survey
Panel Discussion: DemandGen Report Marketing Automation User SurveyPanel Discussion: DemandGen Report Marketing Automation User Survey
Panel Discussion: DemandGen Report Marketing Automation User Survey
 
How Changing Belief & Behaviour Drives Outcomes
How Changing Belief & Behaviour Drives OutcomesHow Changing Belief & Behaviour Drives Outcomes
How Changing Belief & Behaviour Drives Outcomes
 
Data-Driven Marketing
Data-Driven MarketingData-Driven Marketing
Data-Driven Marketing
 
Shopper Marketing and Technology – How to Win at Retail
Shopper Marketing and Technology – How to Win at Retail Shopper Marketing and Technology – How to Win at Retail
Shopper Marketing and Technology – How to Win at Retail
 
First Rule of Marketing Analytics: Forget the Customer - Digital Summit Phoenix
First Rule of Marketing Analytics: Forget the Customer - Digital Summit PhoenixFirst Rule of Marketing Analytics: Forget the Customer - Digital Summit Phoenix
First Rule of Marketing Analytics: Forget the Customer - Digital Summit Phoenix
 
The Programmatic Branding Revolution: Is Your Team Ready? - DBS 12/8/15
The Programmatic Branding Revolution: Is Your Team Ready? - DBS 12/8/15The Programmatic Branding Revolution: Is Your Team Ready? - DBS 12/8/15
The Programmatic Branding Revolution: Is Your Team Ready? - DBS 12/8/15
 
Marketing Analytics ppt
Marketing Analytics pptMarketing Analytics ppt
Marketing Analytics ppt
 
How to Build a Lead Scoring Program
How to Build a Lead Scoring ProgramHow to Build a Lead Scoring Program
How to Build a Lead Scoring Program
 
Marketing Hot Topics in 2017 by Vladimir Alem
Marketing Hot Topics in 2017 by Vladimir AlemMarketing Hot Topics in 2017 by Vladimir Alem
Marketing Hot Topics in 2017 by Vladimir Alem
 
How to avoid data-driven marketing mistakes in 10 steps
How to avoid data-driven marketing mistakes in 10 stepsHow to avoid data-driven marketing mistakes in 10 steps
How to avoid data-driven marketing mistakes in 10 steps
 
How to measure customer journey success?
How to measure customer journey success?How to measure customer journey success?
How to measure customer journey success?
 
Making Programmatic Work
Making Programmatic WorkMaking Programmatic Work
Making Programmatic Work
 
Vlerick collo16 house of marketing marketo final external
Vlerick collo16 house of marketing marketo final external Vlerick collo16 house of marketing marketo final external
Vlerick collo16 house of marketing marketo final external
 
Marketing Rockstars: The economical impact of Marketing Automation
Marketing Rockstars: The economical impact of Marketing AutomationMarketing Rockstars: The economical impact of Marketing Automation
Marketing Rockstars: The economical impact of Marketing Automation
 
Realizing Customer-Centric Marketing with Programmatic Technology
Realizing Customer-Centric Marketing with Programmatic TechnologyRealizing Customer-Centric Marketing with Programmatic Technology
Realizing Customer-Centric Marketing with Programmatic Technology
 
Digital Revenue Engine: Campaigns + Content = Revenue
Digital Revenue Engine: Campaigns + Content = RevenueDigital Revenue Engine: Campaigns + Content = Revenue
Digital Revenue Engine: Campaigns + Content = Revenue
 
Action Plans for Small Businesses for the Corona downturn Through Digital Mar...
Action Plans for Small Businesses for the Corona downturn Through Digital Mar...Action Plans for Small Businesses for the Corona downturn Through Digital Mar...
Action Plans for Small Businesses for the Corona downturn Through Digital Mar...
 

Viewers also liked (6)

The Rise Of Shopping APIs
The Rise Of Shopping APIsThe Rise Of Shopping APIs
The Rise Of Shopping APIs
 
10 Ways to Optimize Now for Holiday 2013
10 Ways to Optimize Now for Holiday 201310 Ways to Optimize Now for Holiday 2013
10 Ways to Optimize Now for Holiday 2013
 
Shopping Cart Abandonment and Tips To Avoid It
Shopping Cart Abandonment and Tips To Avoid ItShopping Cart Abandonment and Tips To Avoid It
Shopping Cart Abandonment and Tips To Avoid It
 
"Cart Attack" presented at the IR Web Design & Usability Conference
"Cart Attack" presented at the IR Web Design & Usability Conference"Cart Attack" presented at the IR Web Design & Usability Conference
"Cart Attack" presented at the IR Web Design & Usability Conference
 
Retailers Get Their ♥ on for Valentine’s Day
Retailers Get Their ♥ on for Valentine’s DayRetailers Get Their ♥ on for Valentine’s Day
Retailers Get Their ♥ on for Valentine’s Day
 
Using Social Networks to Influence Travel and Hospitality Bookings
Using Social Networks to Influence Travel and Hospitality BookingsUsing Social Networks to Influence Travel and Hospitality Bookings
Using Social Networks to Influence Travel and Hospitality Bookings
 

Similar to The Race to Real-Time Marketing

The strategic-marketing-process-e book
The strategic-marketing-process-e bookThe strategic-marketing-process-e book
The strategic-marketing-process-e book
SealJuice
 
The strategic-marketing-process-e book
The strategic-marketing-process-e bookThe strategic-marketing-process-e book
The strategic-marketing-process-e book
AdCMO
 
{08aa3660 6b82-45df-937f-1b54911df539} omc-mmeg-data_management-guide_final
{08aa3660 6b82-45df-937f-1b54911df539} omc-mmeg-data_management-guide_final{08aa3660 6b82-45df-937f-1b54911df539} omc-mmeg-data_management-guide_final
{08aa3660 6b82-45df-937f-1b54911df539} omc-mmeg-data_management-guide_final
'Ahmad.Wahid. Ashoor'
 
Insurance Agency Producer & CSR Sales Training
Insurance Agency Producer & CSR Sales TrainingInsurance Agency Producer & CSR Sales Training
Insurance Agency Producer & CSR Sales Training
pace360
 
Marketing_Automation_Why_Use_Implementation_Partner
Marketing_Automation_Why_Use_Implementation_PartnerMarketing_Automation_Why_Use_Implementation_Partner
Marketing_Automation_Why_Use_Implementation_Partner
Katie Spence
 

Similar to The Race to Real-Time Marketing (20)

Ebook-KFIC-12-top-sales-practices-2022.pdf
Ebook-KFIC-12-top-sales-practices-2022.pdfEbook-KFIC-12-top-sales-practices-2022.pdf
Ebook-KFIC-12-top-sales-practices-2022.pdf
 
Boost Sales Productivity through Sales Enablement
Boost Sales Productivity through Sales EnablementBoost Sales Productivity through Sales Enablement
Boost Sales Productivity through Sales Enablement
 
capgemini research on cmo responsibilities with changing times in 2021
capgemini research on cmo responsibilities with changing times in 2021capgemini research on cmo responsibilities with changing times in 2021
capgemini research on cmo responsibilities with changing times in 2021
 
Reduce Churn, Increase Revenue, and Scale Up with CPQ
Reduce Churn, Increase Revenue, and Scale Up with CPQReduce Churn, Increase Revenue, and Scale Up with CPQ
Reduce Churn, Increase Revenue, and Scale Up with CPQ
 
Avoid the Instant ROI Trap
Avoid the Instant ROI TrapAvoid the Instant ROI Trap
Avoid the Instant ROI Trap
 
Driving Marketing Efficiency In The Consumer Goods Business With Advanced Ana...
Driving Marketing Efficiency In The Consumer Goods Business With Advanced Ana...Driving Marketing Efficiency In The Consumer Goods Business With Advanced Ana...
Driving Marketing Efficiency In The Consumer Goods Business With Advanced Ana...
 
Strategies for high-­value relationship marketing in the cloud era
Strategies for high-­value relationship marketing in the cloud eraStrategies for high-­value relationship marketing in the cloud era
Strategies for high-­value relationship marketing in the cloud era
 
The strategic-marketing-process-e book
The strategic-marketing-process-e bookThe strategic-marketing-process-e book
The strategic-marketing-process-e book
 
The strategic-marketing-process-e book
The strategic-marketing-process-e bookThe strategic-marketing-process-e book
The strategic-marketing-process-e book
 
The Strategic Marketing Process
The Strategic Marketing ProcessThe Strategic Marketing Process
The Strategic Marketing Process
 
Rethinking the Role of Marketing
Rethinking the Role of MarketingRethinking the Role of Marketing
Rethinking the Role of Marketing
 
LSA19: The Science Behind Increasing Customer Retention
LSA19: The Science Behind Increasing Customer RetentionLSA19: The Science Behind Increasing Customer Retention
LSA19: The Science Behind Increasing Customer Retention
 
{08aa3660 6b82-45df-937f-1b54911df539} omc-mmeg-data_management-guide_final
{08aa3660 6b82-45df-937f-1b54911df539} omc-mmeg-data_management-guide_final{08aa3660 6b82-45df-937f-1b54911df539} omc-mmeg-data_management-guide_final
{08aa3660 6b82-45df-937f-1b54911df539} omc-mmeg-data_management-guide_final
 
Nb presentation 1
Nb presentation 1Nb presentation 1
Nb presentation 1
 
Bold prediction new
Bold prediction newBold prediction new
Bold prediction new
 
2016 Lead Nurturing Report In Partnership With Salesforce Pardot
2016 Lead Nurturing Report In Partnership With Salesforce Pardot2016 Lead Nurturing Report In Partnership With Salesforce Pardot
2016 Lead Nurturing Report In Partnership With Salesforce Pardot
 
Insurance Agency Producer & CSR Sales Training
Insurance Agency Producer & CSR Sales TrainingInsurance Agency Producer & CSR Sales Training
Insurance Agency Producer & CSR Sales Training
 
Marketing_Automation_Why_Use_Implementation_Partner
Marketing_Automation_Why_Use_Implementation_PartnerMarketing_Automation_Why_Use_Implementation_Partner
Marketing_Automation_Why_Use_Implementation_Partner
 
7 ways to make the most of marketing technology
7 ways to make the most of marketing technology7 ways to make the most of marketing technology
7 ways to make the most of marketing technology
 
Ultimate Guide to the New Buyers Journey
Ultimate Guide to the New Buyers JourneyUltimate Guide to the New Buyers Journey
Ultimate Guide to the New Buyers Journey
 

More from Monetate

The Path to Success in Email Marketing
The Path to Success in Email MarketingThe Path to Success in Email Marketing
The Path to Success in Email Marketing
Monetate
 
A Programmer’s Guide to Getting Hired by a Startup
A Programmer’s Guide to Getting Hired by a StartupA Programmer’s Guide to Getting Hired by a Startup
A Programmer’s Guide to Getting Hired by a Startup
Monetate
 
The Total Cost of Website Testing
The Total Cost of Website TestingThe Total Cost of Website Testing
The Total Cost of Website Testing
Monetate
 
The Marketer’s Guide to Actionable Data
The Marketer’s Guide to Actionable DataThe Marketer’s Guide to Actionable Data
The Marketer’s Guide to Actionable Data
Monetate
 
Introducing LivePredict: Connecting Data to Action
Introducing LivePredict: Connecting Data to ActionIntroducing LivePredict: Connecting Data to Action
Introducing LivePredict: Connecting Data to Action
Monetate
 
What Does It Mean To Be Customer Centric?
What Does It Mean To Be Customer Centric?What Does It Mean To Be Customer Centric?
What Does It Mean To Be Customer Centric?
Monetate
 
Create Merchandising Magic with Product Badges
Create Merchandising Magic with Product BadgesCreate Merchandising Magic with Product Badges
Create Merchandising Magic with Product Badges
Monetate
 
Shop Until You Drop or Until Your Boss Catches You!
Shop Until You Drop or Until Your Boss Catches You!Shop Until You Drop or Until Your Boss Catches You!
Shop Until You Drop or Until Your Boss Catches You!
Monetate
 
Your Ecommerce Guide to Election Day
Your Ecommerce Guide to Election DayYour Ecommerce Guide to Election Day
Your Ecommerce Guide to Election Day
Monetate
 
The International Conversion Mystery
The International Conversion MysteryThe International Conversion Mystery
The International Conversion Mystery
Monetate
 
The Retailer’s Guide to Big Data
The Retailer’s Guide to Big DataThe Retailer’s Guide to Big Data
The Retailer’s Guide to Big Data
Monetate
 
Free Shipping: Nice to Have or Essential for Purchase?
Free Shipping: Nice to Have or Essential for Purchase?Free Shipping: Nice to Have or Essential for Purchase?
Free Shipping: Nice to Have or Essential for Purchase?
Monetate
 
How Do Social Login & Sharing Affect Ecommerce?
How Do Social Login & Sharing Affect Ecommerce?How Do Social Login & Sharing Affect Ecommerce?
How Do Social Login & Sharing Affect Ecommerce?
Monetate
 
Black Friday and Cyber Monday Go Tablet & Mobile
Black Friday and Cyber Monday Go Tablet & MobileBlack Friday and Cyber Monday Go Tablet & Mobile
Black Friday and Cyber Monday Go Tablet & Mobile
Monetate
 
Peace, Joy and Lots of Conversions
Peace, Joy and Lots of ConversionsPeace, Joy and Lots of Conversions
Peace, Joy and Lots of Conversions
Monetate
 
Are You Ready for the Holidays?
Are You Ready for the Holidays?Are You Ready for the Holidays?
Are You Ready for the Holidays?
Monetate
 
The 2011 Ecommerce Holiday Season in Review
The 2011 Ecommerce Holiday Season in ReviewThe 2011 Ecommerce Holiday Season in Review
The 2011 Ecommerce Holiday Season in Review
Monetate
 

More from Monetate (20)

The personalisation rant
The personalisation rantThe personalisation rant
The personalisation rant
 
Innovative Product Recommendations from L2's Personalization Report
Innovative Product Recommendations from L2's Personalization ReportInnovative Product Recommendations from L2's Personalization Report
Innovative Product Recommendations from L2's Personalization Report
 
Frank Underwood's Lessons For Digital Marketers
Frank Underwood's Lessons For Digital MarketersFrank Underwood's Lessons For Digital Marketers
Frank Underwood's Lessons For Digital Marketers
 
The Path to Success in Email Marketing
The Path to Success in Email MarketingThe Path to Success in Email Marketing
The Path to Success in Email Marketing
 
A Programmer’s Guide to Getting Hired by a Startup
A Programmer’s Guide to Getting Hired by a StartupA Programmer’s Guide to Getting Hired by a Startup
A Programmer’s Guide to Getting Hired by a Startup
 
The Total Cost of Website Testing
The Total Cost of Website TestingThe Total Cost of Website Testing
The Total Cost of Website Testing
 
The Marketer’s Guide to Actionable Data
The Marketer’s Guide to Actionable DataThe Marketer’s Guide to Actionable Data
The Marketer’s Guide to Actionable Data
 
Introducing LivePredict: Connecting Data to Action
Introducing LivePredict: Connecting Data to ActionIntroducing LivePredict: Connecting Data to Action
Introducing LivePredict: Connecting Data to Action
 
What Does It Mean To Be Customer Centric?
What Does It Mean To Be Customer Centric?What Does It Mean To Be Customer Centric?
What Does It Mean To Be Customer Centric?
 
Create Merchandising Magic with Product Badges
Create Merchandising Magic with Product BadgesCreate Merchandising Magic with Product Badges
Create Merchandising Magic with Product Badges
 
Shop Until You Drop or Until Your Boss Catches You!
Shop Until You Drop or Until Your Boss Catches You!Shop Until You Drop or Until Your Boss Catches You!
Shop Until You Drop or Until Your Boss Catches You!
 
Your Ecommerce Guide to Election Day
Your Ecommerce Guide to Election DayYour Ecommerce Guide to Election Day
Your Ecommerce Guide to Election Day
 
The International Conversion Mystery
The International Conversion MysteryThe International Conversion Mystery
The International Conversion Mystery
 
The Retailer’s Guide to Big Data
The Retailer’s Guide to Big DataThe Retailer’s Guide to Big Data
The Retailer’s Guide to Big Data
 
Free Shipping: Nice to Have or Essential for Purchase?
Free Shipping: Nice to Have or Essential for Purchase?Free Shipping: Nice to Have or Essential for Purchase?
Free Shipping: Nice to Have or Essential for Purchase?
 
How Do Social Login & Sharing Affect Ecommerce?
How Do Social Login & Sharing Affect Ecommerce?How Do Social Login & Sharing Affect Ecommerce?
How Do Social Login & Sharing Affect Ecommerce?
 
Black Friday and Cyber Monday Go Tablet & Mobile
Black Friday and Cyber Monday Go Tablet & MobileBlack Friday and Cyber Monday Go Tablet & Mobile
Black Friday and Cyber Monday Go Tablet & Mobile
 
Peace, Joy and Lots of Conversions
Peace, Joy and Lots of ConversionsPeace, Joy and Lots of Conversions
Peace, Joy and Lots of Conversions
 
Are You Ready for the Holidays?
Are You Ready for the Holidays?Are You Ready for the Holidays?
Are You Ready for the Holidays?
 
The 2011 Ecommerce Holiday Season in Review
The 2011 Ecommerce Holiday Season in ReviewThe 2011 Ecommerce Holiday Season in Review
The 2011 Ecommerce Holiday Season in Review
 

Recently uploaded

Mastering Affiliate Marketing: A Comprehensive Guide to Success
Mastering Affiliate Marketing: A Comprehensive Guide to SuccessMastering Affiliate Marketing: A Comprehensive Guide to Success
Mastering Affiliate Marketing: A Comprehensive Guide to Success
Abdulsamad Lukman
 

Recently uploaded (20)

Social Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendaySocial Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh Benday
 
Taprank - Boost your Google reviews with personalized NFC cards
Taprank - Boost your Google reviews with personalized NFC cardsTaprank - Boost your Google reviews with personalized NFC cards
Taprank - Boost your Google reviews with personalized NFC cards
 
[Expert Panel] New Google Shopping Ads Strategies Uncovered
[Expert Panel] New Google Shopping Ads Strategies Uncovered[Expert Panel] New Google Shopping Ads Strategies Uncovered
[Expert Panel] New Google Shopping Ads Strategies Uncovered
 
Resumé Karina Perez | Digital Strategist
Resumé Karina Perez | Digital StrategistResumé Karina Perez | Digital Strategist
Resumé Karina Perez | Digital Strategist
 
Social Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendaySocial Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh Benday
 
Key Social Media Marketing Trends for 2024
Key Social Media Marketing Trends for 2024Key Social Media Marketing Trends for 2024
Key Social Media Marketing Trends for 2024
 
SP Search Term Data Optimization Template.pdf
SP Search Term Data Optimization Template.pdfSP Search Term Data Optimization Template.pdf
SP Search Term Data Optimization Template.pdf
 
The 9th May Incident in Pakistan A Turning Point in History.pptx
The 9th May Incident in Pakistan A Turning Point in History.pptxThe 9th May Incident in Pakistan A Turning Point in History.pptx
The 9th May Incident in Pakistan A Turning Point in History.pptx
 
Rohtak Escorts Service Girl ^ 9332606886, WhatsApp Anytime Rohtak
Rohtak Escorts Service Girl ^ 9332606886, WhatsApp Anytime RohtakRohtak Escorts Service Girl ^ 9332606886, WhatsApp Anytime Rohtak
Rohtak Escorts Service Girl ^ 9332606886, WhatsApp Anytime Rohtak
 
Instant Digital Issuance: An Overview With Critical First Touch Best Practices
Instant Digital Issuance: An Overview With Critical First Touch Best PracticesInstant Digital Issuance: An Overview With Critical First Touch Best Practices
Instant Digital Issuance: An Overview With Critical First Touch Best Practices
 
Crypto Quantum Leap - Digital - membership area
Crypto Quantum Leap -  Digital - membership areaCrypto Quantum Leap -  Digital - membership area
Crypto Quantum Leap - Digital - membership area
 
Mastering Affiliate Marketing: A Comprehensive Guide to Success
Mastering Affiliate Marketing: A Comprehensive Guide to SuccessMastering Affiliate Marketing: A Comprehensive Guide to Success
Mastering Affiliate Marketing: A Comprehensive Guide to Success
 
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdfMicro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
 
Optimizing Your Marketing with AI-Powered Prompts
Optimizing Your Marketing with AI-Powered PromptsOptimizing Your Marketing with AI-Powered Prompts
Optimizing Your Marketing with AI-Powered Prompts
 
2024 Social Trends Report V4 from Later.com
2024 Social Trends Report V4 from Later.com2024 Social Trends Report V4 from Later.com
2024 Social Trends Report V4 from Later.com
 
Iranian Strikes on Israel Assessing the Impact and Implications.pptx
Iranian Strikes on Israel  Assessing the Impact and Implications.pptxIranian Strikes on Israel  Assessing the Impact and Implications.pptx
Iranian Strikes on Israel Assessing the Impact and Implications.pptx
 
Global Trends in Market Reserch & Insights - Ray Poynter - May 2023.pdf
Global Trends in Market Reserch & Insights - Ray Poynter - May 2023.pdfGlobal Trends in Market Reserch & Insights - Ray Poynter - May 2023.pdf
Global Trends in Market Reserch & Insights - Ray Poynter - May 2023.pdf
 
HITECH CITY CALL GIRL IN 9234842891 💞 INDEPENDENT ESCORT SERVICE HITECH CITY
HITECH CITY CALL GIRL IN 9234842891 💞 INDEPENDENT ESCORT SERVICE HITECH CITYHITECH CITY CALL GIRL IN 9234842891 💞 INDEPENDENT ESCORT SERVICE HITECH CITY
HITECH CITY CALL GIRL IN 9234842891 💞 INDEPENDENT ESCORT SERVICE HITECH CITY
 
Gain potential customers through Lead Generation
Gain potential customers through Lead GenerationGain potential customers through Lead Generation
Gain potential customers through Lead Generation
 
The Impact Of Social Media Advertising.pdf
The Impact Of Social Media Advertising.pdfThe Impact Of Social Media Advertising.pdf
The Impact Of Social Media Advertising.pdf
 

The Race to Real-Time Marketing

  • 1. Regardless of device 99% In any digital marketing channel 98% 34% 54% For the fastest marketing teams, real time means responding to a customer action in a near instantaneous fashion. For others, responses are slower. But nearly everyone agrees that there’s a lot of room to speed up. HOW FAST DO YOU NEED TO BE? Within a second Within a few seconds Within two minutes Real-time marketing, noun: The practice of targeting customers in a near instantaneous manner, and using specific data points to personalise messages and product offerings across all channels and devices. Sound like a lot? It’s not. With the right tools, real-time marketing is easy... and the opportunity is huge—especially for those who get there first. A recent study shows only 8% of marketing professionals are using real-time data to impact their marketing. But those who are using that data to create valuable, relevant and in-the-moment customer experiences are seeing a 26% lift in conversion rates. Taken together, these figures create a clear message: the race to real time is on. | 12% 19% Better customer experience Improved conversion rates Improved customer relations 49% 20% Within a day 12% How do you define real-time marketing? Even when marketers are clearing those hurdles, they’re lacking the training needed to finish strong. Most report that they’re struggling to create strategies and tactics that take advantage of real-time capabilities. Ineffective Effective Highly Effective Conceiving business strategy and tactics to take advantage of real-time capabilities 6% 71% 23% Designing customer experiences that take advantage of real-time responses 5% 74% 21% How would you describe your organisation’s current effectiveness in the following areas? Is your marketing technology good enough to execute real-time marketing? Do you combine disparate customer data into one centralised warehouse? 1. Focus on a goal. You’ll accomplish more in your race to real-time marketing if you set yourself clear goals. Find quick wins that contribute to the success of your business: Are you looking to improve customer experience based on device? Across channel? Based on prior behavior? Based on in-the-moment behavior? If you can prioritise your answers to these questions, you’ll be able to focus on each individually and accelerate your real-time marketing initiatives. 2. Use high-impact data. Use the data that aligns with your goals to better understand what makes your customers tick. This will help you evaluate your current customer experience, consider changes, and improve conversion rates. The five most effective data sources for real-time marketing are customer segments, transactional information, device/browser, current location, and content viewed. 3. Invest in the right technology. Find the technology that helps you eliminate your barriers and accelerate your business. Only 29% of in-house marketers believe they have a strong data capability, and that number drops to 21% for marketing technology. If you’re in this boat, prioritise finding a marketing solution that will pull together disparate data sources and allow you to take marketing actions in real time. Are your real-time marketing efforts sufficient to get the best business results for the foreseeable future? Organisational barriers Talent Preparedness Those willing to sprint out of the blocks are facing a series of hurdles. But they’re not as large as some might think. They can be cleared with the right technology and the right partnership. WHAT’S SLOWING YOU DOWN? It’s not just about capturing marketing gold. Real-time marketing helps the customer win and keeps you in the race for their attention longer than before. WHAT’S THE PRIZE? Cost Lack of knowledge/skills Poor marketing technology Company culture Lack of a unified customer database No 67% Yes 33%No 67% Yes 33% No 81% Yes 19%No 81% Yes 19% Consumers increasingly expect us to provide relevant information: Crowd-Pleasing Performances 84% 47%72% Three training tips to speed up your race to real-time marketing. Source: Econsultancy/Monetate Real-Time Marketing Report THE RACE TO REAL-TIME MARKETING