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THE TRUTH ABOUT
CROSS-DEVICE MARKETING
& MILLENNIALS
Lisa Joy Rosner, CMO, Neustar
Ajit Sivadasan, VP & GM, Global E-Commerce, Lenovo
Copyright © 2015 Neustar, Inc. All Rights Reserved
THE ENIGMA GENERATION
Copyright © 2015 Neustar, Inc. All Rights Reserved 2
Everyone Wants to Reach Them. How Well Do You Know Millennials?
MILLENNIALS HAVE BUCKS TO BURN
Copyright © 2015 Neustar, Inc. All Rights Reserved 3
80MMillennials
25% of the
U.S. population
In direct buying power
$1.3
Trillion
MILLENNIALS HAVE OH SO MANY OPTIONS
Copyright © 2015 Neustar, Inc. All Rights Reserved 4
Online Stores
in 2015
800,000
Online Stores
in 2002
55,000
81%of Millennial moms note
that shopping is the
No. 1 way they use
their smartphone
DITCH THE STEREOTYPE. THERE ARE 6 SEGMENTS OF MILLENNIALS.
Copyright © 2015 Neustar, Inc. All Rights Reserved 5
Hip-ennial
Millennial Mom
Anti-Millennial
Gadget Guru
Clean and Green Millennial
Old School Millennial
*Source: ANA, Millennials: Top Trends and Strategies, April 2015
WHAT HAPPENS WHEN MILLENNIALS MARRY?
Copyright © 2015 Neustar, Inc. All Rights Reserved 6
THE MILLENNIALS DIVIDE
Copyright © 2015 Neustar, Inc. All Rights Reserved 7
SingleMarried
VS
Source: Neustar ElementOne
SingleMarried
THEIR SHOPPING TASTES CHANGE
Copyright © 2015 Neustar, Inc. All Rights Reserved 8
Source: Neustar ElementOne
WHAT ARE THEY TRYING TO TELL US?
Copyright © 2015 Neustar, Inc. All Rights Reserved 9
The e-Tailing Group conducted a 25-question
survey of 1,120 online shoppers
‣ Survey participants:
– 50% female, 50% male
– Make at least 4 online purchases annually
– Spend at least $250 online annually
– All own smartphones
54% 31%
8% 7%
Mobile
Desktop
TV
Prints
MOBILE MATTERS
Millennials say their mobile device is their
MOST important shopping research tool
Copyright © 2015 Neustar, Inc. All Rights Reserved 10
SOCIAL IS A RISING STAR
Copyright © 2015 Neustar, Inc. All Rights Reserved 11
Millennial fun facts:
33% spend 11+ hours a week using social media on mobile devices
59% say social media advertising prompts them to begin researching a
product or retailer
52% say social media advertising influences their decision to purchase
a product
ONLINE ADS = REAL LIFE FOOT TRAFFIC
25%
of online shoppers
report clicking on a
retailer’s ad and
subsequently visiting
their physical store.
Copyright © 2015 Neustar, Inc. All Rights Reserved 12
M IS FOR MARKETING
Copyright © 2015 Neustar, Inc. All Rights Reserved 13
Millennials are changing, and we need to change
how we talk to them.
ajitsivadasan
2012 LENOVO CONFIDENTIAL. ALL RIGHTS RESERVED.1515
KEY QUESTIONS
Copyright(c) Ajit Sivadasan, 2013
1.
3.
2.
WHAT IS DRIVING CHANGE?
WHAT ARE THE NEW RULES?
HOW DO WE KNOW IT IS BETTER?
3
16 2014 LENOVO INTERNAL. ALL RIGHTS RESERVED.
1
WHAT IS DRIVING CHANGE?
2014 LENOVO INTERNAL. ALL RIGHTS RESERVED.
18
KEY QUESTIONS
COPYRIGHT(C) AJIT SIVADASAN, 2013
1.
3.
2.
WHAT IS DRIVING CHANGE?
WHAT ARE THE NEW RULES?
HOW DO WE KNOW IT IS BETTER?
3
2014 LENOVO INTERNAL. ALL RIGHTS RESERVED.19
THE ENGAGEMENT PARADIGM SHIFT
Combining traditional, digital, social and event marketing
tactics to invite consumers to participate with the brand.
Inviting the Digital Generation to be actively involved
through-out the customer journey.
WHAT ARE THE NEW RULES?
2014 LENOVO INTERNAL. ALL RIGHTS RESERVED.20
TOOLS OF ‘ENGAGEMENT’?
Original Content | Co-Creation
Influencers & Communities | Short Form Video
Real-Time Marketing | Experiential Marketing
WHAT ARE THE NEW RULES?
2014 LENOVO INTERNAL. ALL RIGHTS RESERVED.21
STARTS WITH MAPPING THE CONSUMER AND BRAND
EXPERIENCE
More than ever, global brands must understand their
customer’s passions & behaviors in order to engage them
effectively. Provides a basis for customer engagement
strategies- helping to inform how we deliver a seamless
customer experience moving forward.
WHAT ARE THE NEW RULES?
22
LENOVO CONSUMER EXPERIENCE  TO OWNERSHIP
Inspire the Digital
Generation to explore
the Lenovo brand.
Cultivate our influence- activate
our brand advocates and become
a credible resource.
Live in our Digital Generation’s
passion and interest areas- to
trigger conversion.
Welcome them to the
world of Lenovo.
EXCITE EXPLORE CONNECT OWNERSHIP
23
LENOVO CONSUMER EXPERIENCE POST OWNERSHIP
Provide amazing content with talk
value that’s worth sharing.
Incentivize to co-create and
live the brand experience.
Enable the Digital Generation to
write the brand story.
OWNERSHIP SHARE PARTICIPATE ADVOCATE
24
ONGOING NURTURING AND MEANINGFUL CONVERSATIONS
2014 LENOVO INTERNAL. ALL RIGHTS RESERVED.
2
Drive Conversion
Support purchase consideration and
make it easy to buy.Reach Audiences
Build visibility of touchpoints and
campaign to drive brand awareness
and acquire new customers.
Always On Engagement
Offer relevant and value added content and
services that make the consumer engage
with the brand on a frequent basis.
DIALOGUE & CONVERSION
CAMPAIGN
CAMPAIGN
CAMPAIGN
25
KEY QUESTIONS
COPYRIGHT(C) AJIT SIVADASAN, 2013
1.
3.
2.
WHAT IS DRIVING CHANGE?
WHAT IS CHANGING, WHAT ARE THE NEW RULES?
HOW DO WE KNOW IT IS BETTER ?
3
26 COPYRIGHT(C) AJIT SIVADASAN, 2013
HYPOTHESIS
ALL THINGS EQUAL…..MARKETING THAT IS
INCLUSIVE, EMBRACES THE POWER OF
DIGITAL, MOBILE & SOCIAL CAN DRIVE
BETTER DIFFERENTIATION,HIGHER
ACCOUNTABILITY & BETTER EFFICIENCY
27
CAN MARRYING ADVANCED SEGMENTATION DATA WITH CLICK STREAM
DATA YIELD MORE PRECISE VALUE PROPOSITIONS?
1.
2.
3.
LENOVO CASE STUDIES
CAN JUST CLICK STREAM DATA ANALYSIS REVEAL BEHAVIORAL
TENDENCIES THAT CAN BE ADDRESSED MEANINGFULLY ?
CAN AN ALL DIGITAL, ALL SOCIAL, ALL MOBILE CAMPAIGN BE MORE
EFFECTIVE THAN TRADITIONAL FORMAT CAMPAIGN?
 Does granularity of information increase engagement?
 Does custom content drive better conversion?
ADVANCED SEGMENTATION  HIGHER CONVERSION?
Copyright(c) Ajit Sivadasan, 2015
29
© NEUSTAR, INC. / PROPRIETARY AND CONFIDENTIAL
CLICK DATA + ADVANCED SEGMENT DATA = WINNER?
COPYRIGHT(C) AJIT SIVADASAN, 2015
CAMPAIGN RESULTS – 30 DAYS
Experience A:
Order Conversion at 1.32%
Revenue per Visitor at $11.93
Experience B:
Targeted Hero product groups
• Order Conversion at 1.86%,
41.34% Lift
• Revenue per Visitor at $15.30
• 28.26% Lift
31
FINAL THOUGHTS
COPYRIGHT(C) AJIT SIVADASAN, 2013
 TRADITIONAL MARKETING PRINCIPLES ARE ALIVE AND WELL, BUT THE
IMPLICATIONS OF DIGITAL ENGAGEMENT ON HOW WE MARKET IS PROFOUND
 ENGAGEMENT IS A KEY ELEMENT OF THE NEW AGE MARKETING STRATEGY, IT IS
END TO END, ONGOING & DEEPLY INCLUSIVE
 A CULTURE BUILT ON CONSTANT EXPERIMENTATION & MEASUREMENT IS
CRUCIAL FOR OPTIMIZING MEASUREABLE CREATIVITY©
RETAILERS DON’T MAKE THE GRADE
Copyright © 2015 Neustar, Inc. All Rights Reserved 32
Only 7% of
consumers give
retailers an “A” when
it comes to delivering
relevant marketing.
Grade
% Retailers
Given This Grade
A: The majority of the retailer marketing
I receive is on target/relevant 7%
B: Most of the retailer marketing I receive is on target/relevant 24%
C: Half of the retailer marketing I receive is on target/relevant 36%
D: Some of the retailer marketing I receive is on target/relevant 24%
F: Most of the retail marketing I receive is not on target/relevant 9%
THE TRUTH ABOUT
CROSS-DEVICE MARKETING
& MILLENNIALS
Lisa Joy Rosner, CMO, Neustar // @lisajoyrosner
Ajit Sivadasan, VP & GM, E-Commerce, Lenovo // @ajitsivadasan
COPYRIGHT © 2015 NEUSTAR, INC. ALL RIGHTS RESERVED

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The Truth About Cross-Device Marketing & Millennials

  • 1. THE TRUTH ABOUT CROSS-DEVICE MARKETING & MILLENNIALS Lisa Joy Rosner, CMO, Neustar Ajit Sivadasan, VP & GM, Global E-Commerce, Lenovo Copyright © 2015 Neustar, Inc. All Rights Reserved
  • 2. THE ENIGMA GENERATION Copyright © 2015 Neustar, Inc. All Rights Reserved 2 Everyone Wants to Reach Them. How Well Do You Know Millennials?
  • 3. MILLENNIALS HAVE BUCKS TO BURN Copyright © 2015 Neustar, Inc. All Rights Reserved 3 80MMillennials 25% of the U.S. population In direct buying power $1.3 Trillion
  • 4. MILLENNIALS HAVE OH SO MANY OPTIONS Copyright © 2015 Neustar, Inc. All Rights Reserved 4 Online Stores in 2015 800,000 Online Stores in 2002 55,000 81%of Millennial moms note that shopping is the No. 1 way they use their smartphone
  • 5. DITCH THE STEREOTYPE. THERE ARE 6 SEGMENTS OF MILLENNIALS. Copyright © 2015 Neustar, Inc. All Rights Reserved 5 Hip-ennial Millennial Mom Anti-Millennial Gadget Guru Clean and Green Millennial Old School Millennial *Source: ANA, Millennials: Top Trends and Strategies, April 2015
  • 6. WHAT HAPPENS WHEN MILLENNIALS MARRY? Copyright © 2015 Neustar, Inc. All Rights Reserved 6
  • 7. THE MILLENNIALS DIVIDE Copyright © 2015 Neustar, Inc. All Rights Reserved 7 SingleMarried VS Source: Neustar ElementOne
  • 8. SingleMarried THEIR SHOPPING TASTES CHANGE Copyright © 2015 Neustar, Inc. All Rights Reserved 8 Source: Neustar ElementOne
  • 9. WHAT ARE THEY TRYING TO TELL US? Copyright © 2015 Neustar, Inc. All Rights Reserved 9 The e-Tailing Group conducted a 25-question survey of 1,120 online shoppers ‣ Survey participants: – 50% female, 50% male – Make at least 4 online purchases annually – Spend at least $250 online annually – All own smartphones
  • 10. 54% 31% 8% 7% Mobile Desktop TV Prints MOBILE MATTERS Millennials say their mobile device is their MOST important shopping research tool Copyright © 2015 Neustar, Inc. All Rights Reserved 10
  • 11. SOCIAL IS A RISING STAR Copyright © 2015 Neustar, Inc. All Rights Reserved 11 Millennial fun facts: 33% spend 11+ hours a week using social media on mobile devices 59% say social media advertising prompts them to begin researching a product or retailer 52% say social media advertising influences their decision to purchase a product
  • 12. ONLINE ADS = REAL LIFE FOOT TRAFFIC 25% of online shoppers report clicking on a retailer’s ad and subsequently visiting their physical store. Copyright © 2015 Neustar, Inc. All Rights Reserved 12
  • 13. M IS FOR MARKETING Copyright © 2015 Neustar, Inc. All Rights Reserved 13 Millennials are changing, and we need to change how we talk to them.
  • 15. 2012 LENOVO CONFIDENTIAL. ALL RIGHTS RESERVED.1515 KEY QUESTIONS Copyright(c) Ajit Sivadasan, 2013 1. 3. 2. WHAT IS DRIVING CHANGE? WHAT ARE THE NEW RULES? HOW DO WE KNOW IT IS BETTER? 3
  • 16. 16 2014 LENOVO INTERNAL. ALL RIGHTS RESERVED. 1
  • 17. WHAT IS DRIVING CHANGE? 2014 LENOVO INTERNAL. ALL RIGHTS RESERVED.
  • 18. 18 KEY QUESTIONS COPYRIGHT(C) AJIT SIVADASAN, 2013 1. 3. 2. WHAT IS DRIVING CHANGE? WHAT ARE THE NEW RULES? HOW DO WE KNOW IT IS BETTER? 3
  • 19. 2014 LENOVO INTERNAL. ALL RIGHTS RESERVED.19 THE ENGAGEMENT PARADIGM SHIFT Combining traditional, digital, social and event marketing tactics to invite consumers to participate with the brand. Inviting the Digital Generation to be actively involved through-out the customer journey. WHAT ARE THE NEW RULES?
  • 20. 2014 LENOVO INTERNAL. ALL RIGHTS RESERVED.20 TOOLS OF ‘ENGAGEMENT’? Original Content | Co-Creation Influencers & Communities | Short Form Video Real-Time Marketing | Experiential Marketing WHAT ARE THE NEW RULES?
  • 21. 2014 LENOVO INTERNAL. ALL RIGHTS RESERVED.21 STARTS WITH MAPPING THE CONSUMER AND BRAND EXPERIENCE More than ever, global brands must understand their customer’s passions & behaviors in order to engage them effectively. Provides a basis for customer engagement strategies- helping to inform how we deliver a seamless customer experience moving forward. WHAT ARE THE NEW RULES?
  • 22. 22 LENOVO CONSUMER EXPERIENCE  TO OWNERSHIP Inspire the Digital Generation to explore the Lenovo brand. Cultivate our influence- activate our brand advocates and become a credible resource. Live in our Digital Generation’s passion and interest areas- to trigger conversion. Welcome them to the world of Lenovo. EXCITE EXPLORE CONNECT OWNERSHIP
  • 23. 23 LENOVO CONSUMER EXPERIENCE POST OWNERSHIP Provide amazing content with talk value that’s worth sharing. Incentivize to co-create and live the brand experience. Enable the Digital Generation to write the brand story. OWNERSHIP SHARE PARTICIPATE ADVOCATE
  • 24. 24 ONGOING NURTURING AND MEANINGFUL CONVERSATIONS 2014 LENOVO INTERNAL. ALL RIGHTS RESERVED. 2 Drive Conversion Support purchase consideration and make it easy to buy.Reach Audiences Build visibility of touchpoints and campaign to drive brand awareness and acquire new customers. Always On Engagement Offer relevant and value added content and services that make the consumer engage with the brand on a frequent basis. DIALOGUE & CONVERSION CAMPAIGN CAMPAIGN CAMPAIGN
  • 25. 25 KEY QUESTIONS COPYRIGHT(C) AJIT SIVADASAN, 2013 1. 3. 2. WHAT IS DRIVING CHANGE? WHAT IS CHANGING, WHAT ARE THE NEW RULES? HOW DO WE KNOW IT IS BETTER ? 3
  • 26. 26 COPYRIGHT(C) AJIT SIVADASAN, 2013 HYPOTHESIS ALL THINGS EQUAL…..MARKETING THAT IS INCLUSIVE, EMBRACES THE POWER OF DIGITAL, MOBILE & SOCIAL CAN DRIVE BETTER DIFFERENTIATION,HIGHER ACCOUNTABILITY & BETTER EFFICIENCY
  • 27. 27 CAN MARRYING ADVANCED SEGMENTATION DATA WITH CLICK STREAM DATA YIELD MORE PRECISE VALUE PROPOSITIONS? 1. 2. 3. LENOVO CASE STUDIES CAN JUST CLICK STREAM DATA ANALYSIS REVEAL BEHAVIORAL TENDENCIES THAT CAN BE ADDRESSED MEANINGFULLY ? CAN AN ALL DIGITAL, ALL SOCIAL, ALL MOBILE CAMPAIGN BE MORE EFFECTIVE THAN TRADITIONAL FORMAT CAMPAIGN?
  • 28.  Does granularity of information increase engagement?  Does custom content drive better conversion? ADVANCED SEGMENTATION  HIGHER CONVERSION? Copyright(c) Ajit Sivadasan, 2015
  • 29. 29 © NEUSTAR, INC. / PROPRIETARY AND CONFIDENTIAL CLICK DATA + ADVANCED SEGMENT DATA = WINNER? COPYRIGHT(C) AJIT SIVADASAN, 2015
  • 30. CAMPAIGN RESULTS – 30 DAYS Experience A: Order Conversion at 1.32% Revenue per Visitor at $11.93 Experience B: Targeted Hero product groups • Order Conversion at 1.86%, 41.34% Lift • Revenue per Visitor at $15.30 • 28.26% Lift
  • 31. 31 FINAL THOUGHTS COPYRIGHT(C) AJIT SIVADASAN, 2013  TRADITIONAL MARKETING PRINCIPLES ARE ALIVE AND WELL, BUT THE IMPLICATIONS OF DIGITAL ENGAGEMENT ON HOW WE MARKET IS PROFOUND  ENGAGEMENT IS A KEY ELEMENT OF THE NEW AGE MARKETING STRATEGY, IT IS END TO END, ONGOING & DEEPLY INCLUSIVE  A CULTURE BUILT ON CONSTANT EXPERIMENTATION & MEASUREMENT IS CRUCIAL FOR OPTIMIZING MEASUREABLE CREATIVITY©
  • 32. RETAILERS DON’T MAKE THE GRADE Copyright © 2015 Neustar, Inc. All Rights Reserved 32 Only 7% of consumers give retailers an “A” when it comes to delivering relevant marketing. Grade % Retailers Given This Grade A: The majority of the retailer marketing I receive is on target/relevant 7% B: Most of the retailer marketing I receive is on target/relevant 24% C: Half of the retailer marketing I receive is on target/relevant 36% D: Some of the retailer marketing I receive is on target/relevant 24% F: Most of the retail marketing I receive is not on target/relevant 9%
  • 33. THE TRUTH ABOUT CROSS-DEVICE MARKETING & MILLENNIALS Lisa Joy Rosner, CMO, Neustar // @lisajoyrosner Ajit Sivadasan, VP & GM, E-Commerce, Lenovo // @ajitsivadasan COPYRIGHT © 2015 NEUSTAR, INC. ALL RIGHTS RESERVED

Editor's Notes

  1. M: Frequently visit Starbucks S: Ate at Chipolte 1-5x in the past 30 days M: Drink white wine S: Drink microbrews M: Have 2-3 dogs S: Has at least one pet  – most likely a dog M: Enrolled in a frequent flyer program, and 81% had domestic travel last year S: Not enrolled in a frequent flyer program, although 73% did have domestic travel last year M: Stay at a Marriott S: Stay at Holiday Inn M: Flies Delta (and is 2x more likely than the average US citizen to fly Delta) S: Flies United Airlines
  2. 1120 consumers completed 25-question survey 50% female/50% male Spent at least $250 online and purchased at least 4X annually Owned a smartphone
  3. 1120 consumers completed 25-question survey 50% female/50% male Spent at least $250 online and purchased at least 4X annually Owned a smartphone
  4. 1120 consumers completed 25-question survey 50% female/50% male Spent at least $250 online and purchased at least 4X annually Owned a smartphone
  5. P&G have been pioneers in developing engagement strategies that combine traditional, digital, social and retail tactics to invite consumers to participate in the evolution of their brands. They understand the importance of building an emotional brand connection with their consumers, value content and community, know their target audience well, and have digitized the consumer decision journey.
  6. The digital generation have maximized the use of the tools with which to express themselves on a much broader scale. And it is these tools, combined with advances in technology, that will enable them to be part of the process and ultimately marketers of our brand.
  7. Defined as a marketing strategy that combines traditional, digital, social and event marketing tactics to invite consumers to participate in the evolution of the brand. So instead of looking at consumers as passive receivers of messages, its about inviting consumers to be actively involved in the production and co-creation of marketing programs. Marketing channels that emphasize engagement are key, but success is built on integration across all channels.
  8. What forms does engagement take? Not a one size fits all.
  9. Starts with mapping the consumer and brand experience…
  10. We can engage an ever growing audience over time