SlideShare a Scribd company logo
How Brand Experiences
Drive Customer Experience
with First-Party Data
WEBINAR
Jonathan Yaffe
CEO & Co-Founder, AnyRoad
Agenda
Definitions
‘Hype Cycles’
Beyond Privacy
Opportunities and challenges
Practical Examples
Takeaways
@anyroad
@whereisyaffe
#experiential
Experiences
powered by
AnyRoad
#EXPERIENTIAL
Definitions
#EXPERIENTIAL
What is First-Party Data?
1st Party 2nd Party 3rd Party
Data collected by the company
through its own systems.
Data collected by another source
and shared through an integration
or partnership.
Data Aggregated from various
sources.
#EXPERIENTIAL
What are branded experiences? #EXPERIENTIAL
The Experience Economy
B. Joseph Pine II
James H. Gilmore
DISTILLERY TOURS
DIY WORKSHOPS
ONLINE TASTINGS
TRACK DAYS
IN-STORE SAMPLING
FIELD ACTIVATIONS
“Time is the currency of
experiences. If you get
customers to spend more
time with your business
they will spend more
money on your offerings.”
#EXPERIENTIAL
‘Hype Cycles’
#EXPERIENTIAL
Industry changes are creating ‘Hype Cycles’
#EXPERIENTIAL
#EXPERIENTIAL
#EXPERIENTIAL
First-party data strategies have yet to gain traction
88% of marketers
say collecting
First-Party Data is a
2021 priority.
41% of ad buyers don't
believe their companies
understand the impact
of third-party cookies'
demise.
IAB 2021 Marketplace Outlook Survey
Just 28% of marketers
say their First-Party
Data is significantly or
fully used.
Merkle 2021 Customer Engagement Report
WFA Programmatic, Data & Technology Global
Survey 2020
How did we get here?
BROKEN CONSUMER
TRUST
PRIVACY
REGULATION
ONLINE TRACKING
CHANGES
#EXPERIENTIAL
#EXPERIENTIAL
#EXPERIENTIAL
Beyond Privacy
#EXPERIENTIAL
The Customer Experience is evolving. Rapidly.
Privacy
Concerns
Consumption
Habits
Digital
Transformation
COVID-19
Customer
Experience
#EXPERIENTIAL
THEN:
THINGS
NOW:
EXPERIENCES
#EXPERIENTIAL
$14 trillion
Global spending capacity
reached by Millenials in
2020
We are living in an experience economy.
The world is shifting to a new kind of consumption model.
It's time for you to change too.
72%
Of Millenials prefer to spend
on experiences vs things.
$63 billion
Amount spent by US
consumer brands on
experiences in 2018.
20%
Estimated annual increase in
budgets for branded
experiences.
Financial Times, 2020 The Harris Group, 2014. American Marketing Association (AMA)
and PQ Media, 2019.
Freeman and SSI, CMO Survey 2017
“Today, brands are getting into retail,
starting new companies, or
implementing other forms of change;
not merely to compete with someone
else, but to collect information about
their customers.”
Sir Martin Sorrell, Chairman S4 Capital
First Party Data informs better targeting
#EXPERIENTIAL
Direct-to-consumer models are transforming categories #EXPERIENTIAL
Data strategies and needs vary greatly by industry
#EXPERIENTIAL
Challenges + Opportunities
#EXPERIENTIAL
Experiences - An ideal ‘value exchange’ for data
Source: BCG - Responsible Marketing with First-Party Data
#EXPERIENTIAL
20,000 classes in-store
and online annually
Create
meaningful
connections
1M+ visitors to
Budweiser breweries
1.5M+ visitors at 15 brand homes &
online experiences
Global marketplace for online dog
training.
Concept stores featuring in-store
sports and fitness experiences
#EXPERIENTIAL
Experiences
have a data problem
Poor data
capture
Limited ROI
measurement
No actionable insigh
Data
silos
CHALLENGE #EXPERIENTIAL
EXPERIENCE A
EXPERIENCE B
EXPERIENCE C
Event software CRM
POS
We need a
new way.
The Old Way
Fragmented tech, limited insights and data loss
BUSINESS SYSTEMS
EXPERIENCES
CUSTOMERS DATA CAPTURE
?
ACTIVATION
?
?
#EXPERIENTIAL
Experience Relationship
Management (ERM)
Capture data
& manage
experiences
Unlock live,
actionable insights
Scale efforts
efficiently
Centralize &
standardize
data
SOLUTION #EXPERIENTIAL
DMP
CDP
Marketing
Automation
ERP CRM
CAPTURE STANDARDIZE
ANALYZE AND
ENRICH
CONNECT ACTIVATE
(OWNED + PAID)
Email
Text
Direct Mail
Social
Display
Analytics + Reporting
Data
Warehouse
Insights + Feedback
Online
Events
Activations
Appointments
Community
Events
Affiliate
Events
Data Manager
SYNC DATA
COLLECT
FEEDBACK
API
The New Way
Experience Relationship Management (ERM)
#EXPERIENTIAL
What type of data can be collected from experiences?
EXPLICIT DATA
Directly declared by
participant
Form fills/contact data
Demographics
Feedback
NPS
Brand preference
INFERRED DATA
Captured from behaviors
and system integrations
Purchasing data
Behavioral insights
Digital touchpoints
ROAS/ ROI
#EXPERIENTIAL
#EXPERIENTIAL
How to collect data from experiences?
Online Bookings
Onsite + Contactless
Technology
Surveys
Social Engagement
Wifi
POS + Loyalty Programs
Credit + Gift Card
Age Verification
Social Listening
Messaging and Chat
ERM
Practical Examples
#EXPERIENTIAL
#EXPERIENTIAL
BRAND ACTIVATION
Live concerts / Large-scale events
DEMOS
Test drives
Personal fashion styling
TOURS / EXPERIENCES
Corporate events and experiences
Private tastings, tours, classes
Concept showrooms
COMMUNITY
Group classes
Customer Advisory Boards
Where do experiences fit in your strategy?
INFLUENCER / CELEBRITY
Unboxings
Celebrity classes
AMA (Ask Me Anything)
AWARENESS
CONSIDERATION
ADVOCACY
#EXPERIENTIAL
The Brand
The Michaels Companies, is North
America’s largest retailer of arts and crafts
materials. Their Community Classroom
program offers 20,000 in-store and
online classes each year.
The Value Exchange
Participate in specialized classes at their
network of 1,200 stores or online.
Provide data + pay a fee
+
Learn new skills and connect with like
minded enthusiasts
#EXPERIENTIAL
The Brand
P&G-owned skin care brand Olay
launched Olay Skin Advisor in 2017.
Started with a data set of 50,000 face
scans and has been used by 1M+ since
The Value Exchange
Shopping for beauty products can be
confusing - ⅓ of shoppers do not find
what they are looking for on the shelf.
Provide personal data
+
Receive personalized product
recommendations
#EXPERIENTIAL
The Brand
Nestlé built an online marketplace in the
pet space where dog owners could
connect through interactive experiences
that included cost-effective resources,
education, and training.
The Value Exchange
Finding qualified trainers for dogs is
challenging.
Provide data + pay a fee
+
Get support from expert dog trainers
#EXPERIENTIAL
The Brand
CALIA by Carrie Underwood is a womens
fitness brand owned by DICKS Sporting
Goods.
In 2021 they began offering virtual styling
sessions.
The Value Exchange
Get personalized advice.
Provide personal data
+
Receive personalized product
recommendations
#EXPERIENTIAL
The Brand
Porsche Driving Experience offers a
variety of rewarding and challenging
experiences, on and off the track.
The Value Exchange
Get expert instruction and access to new
models and exclusive experiences for
owners.
Provide personal data + Pay a Fee
+
Access exclusive driving experiences
Activating First Party Data
#EXPERIENTIAL
STEP ONE
Build segments in your marketing systems (CDP,
CRM etc.).
STEP TWO
Refine messaging, creative and targeting.
STEP THREE
Activate your audience across channels. E.g.
Email, SMS, Social.
Craft Beer
Enthusiasts
High
NPS
Seltzer
Drinkers
Executive Summary
Shifts in the marketing and CX ecosystem present
opportunities for brands to get closer to customers
First-party data collection requires a ‘value
exchange’
Experiences are an efficient way to collect
First-Party Data
Data from experiences is underutilized and silo’d
Technology can overcome the data challenges but
maximizing effectiveness requires people and
teams to work together
#EXPERIENTIAL
#EXPERIENTIAL
#EXPERIENTIAL
July 22 @ 11 am PT / 2 pm ET
Join Us
Experiential Trends 2021
Sign up at https://www.anyroad.com/events-and-webinars
Thank you.
jonathan@anyroad.com
anyroad.com
#EXPERIENTIAL
#EXPERIENTIAL

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Webinar - First-Party Data and Experiences

  • 1. How Brand Experiences Drive Customer Experience with First-Party Data WEBINAR Jonathan Yaffe CEO & Co-Founder, AnyRoad
  • 2. Agenda Definitions ‘Hype Cycles’ Beyond Privacy Opportunities and challenges Practical Examples Takeaways @anyroad @whereisyaffe #experiential
  • 5. What is First-Party Data? 1st Party 2nd Party 3rd Party Data collected by the company through its own systems. Data collected by another source and shared through an integration or partnership. Data Aggregated from various sources. #EXPERIENTIAL
  • 6. What are branded experiences? #EXPERIENTIAL
  • 7. The Experience Economy B. Joseph Pine II James H. Gilmore DISTILLERY TOURS DIY WORKSHOPS ONLINE TASTINGS TRACK DAYS IN-STORE SAMPLING FIELD ACTIVATIONS “Time is the currency of experiences. If you get customers to spend more time with your business they will spend more money on your offerings.” #EXPERIENTIAL
  • 9. Industry changes are creating ‘Hype Cycles’ #EXPERIENTIAL
  • 11. #EXPERIENTIAL First-party data strategies have yet to gain traction 88% of marketers say collecting First-Party Data is a 2021 priority. 41% of ad buyers don't believe their companies understand the impact of third-party cookies' demise. IAB 2021 Marketplace Outlook Survey Just 28% of marketers say their First-Party Data is significantly or fully used. Merkle 2021 Customer Engagement Report WFA Programmatic, Data & Technology Global Survey 2020
  • 12. How did we get here? BROKEN CONSUMER TRUST PRIVACY REGULATION ONLINE TRACKING CHANGES #EXPERIENTIAL
  • 16. The Customer Experience is evolving. Rapidly. Privacy Concerns Consumption Habits Digital Transformation COVID-19 Customer Experience #EXPERIENTIAL
  • 18. $14 trillion Global spending capacity reached by Millenials in 2020 We are living in an experience economy. The world is shifting to a new kind of consumption model. It's time for you to change too. 72% Of Millenials prefer to spend on experiences vs things. $63 billion Amount spent by US consumer brands on experiences in 2018. 20% Estimated annual increase in budgets for branded experiences. Financial Times, 2020 The Harris Group, 2014. American Marketing Association (AMA) and PQ Media, 2019. Freeman and SSI, CMO Survey 2017
  • 19. “Today, brands are getting into retail, starting new companies, or implementing other forms of change; not merely to compete with someone else, but to collect information about their customers.” Sir Martin Sorrell, Chairman S4 Capital
  • 20. First Party Data informs better targeting #EXPERIENTIAL
  • 21. Direct-to-consumer models are transforming categories #EXPERIENTIAL
  • 22. Data strategies and needs vary greatly by industry #EXPERIENTIAL
  • 24. Experiences - An ideal ‘value exchange’ for data Source: BCG - Responsible Marketing with First-Party Data #EXPERIENTIAL
  • 25. 20,000 classes in-store and online annually Create meaningful connections 1M+ visitors to Budweiser breweries 1.5M+ visitors at 15 brand homes & online experiences Global marketplace for online dog training. Concept stores featuring in-store sports and fitness experiences #EXPERIENTIAL
  • 26. Experiences have a data problem Poor data capture Limited ROI measurement No actionable insigh Data silos CHALLENGE #EXPERIENTIAL
  • 27. EXPERIENCE A EXPERIENCE B EXPERIENCE C Event software CRM POS We need a new way. The Old Way Fragmented tech, limited insights and data loss BUSINESS SYSTEMS EXPERIENCES CUSTOMERS DATA CAPTURE ? ACTIVATION ? ? #EXPERIENTIAL
  • 28. Experience Relationship Management (ERM) Capture data & manage experiences Unlock live, actionable insights Scale efforts efficiently Centralize & standardize data SOLUTION #EXPERIENTIAL
  • 29. DMP CDP Marketing Automation ERP CRM CAPTURE STANDARDIZE ANALYZE AND ENRICH CONNECT ACTIVATE (OWNED + PAID) Email Text Direct Mail Social Display Analytics + Reporting Data Warehouse Insights + Feedback Online Events Activations Appointments Community Events Affiliate Events Data Manager SYNC DATA COLLECT FEEDBACK API The New Way Experience Relationship Management (ERM) #EXPERIENTIAL
  • 30. What type of data can be collected from experiences? EXPLICIT DATA Directly declared by participant Form fills/contact data Demographics Feedback NPS Brand preference INFERRED DATA Captured from behaviors and system integrations Purchasing data Behavioral insights Digital touchpoints ROAS/ ROI #EXPERIENTIAL
  • 31. #EXPERIENTIAL How to collect data from experiences? Online Bookings Onsite + Contactless Technology Surveys Social Engagement Wifi POS + Loyalty Programs Credit + Gift Card Age Verification Social Listening Messaging and Chat ERM
  • 33. #EXPERIENTIAL BRAND ACTIVATION Live concerts / Large-scale events DEMOS Test drives Personal fashion styling TOURS / EXPERIENCES Corporate events and experiences Private tastings, tours, classes Concept showrooms COMMUNITY Group classes Customer Advisory Boards Where do experiences fit in your strategy? INFLUENCER / CELEBRITY Unboxings Celebrity classes AMA (Ask Me Anything) AWARENESS CONSIDERATION ADVOCACY
  • 34. #EXPERIENTIAL The Brand The Michaels Companies, is North America’s largest retailer of arts and crafts materials. Their Community Classroom program offers 20,000 in-store and online classes each year. The Value Exchange Participate in specialized classes at their network of 1,200 stores or online. Provide data + pay a fee + Learn new skills and connect with like minded enthusiasts
  • 35. #EXPERIENTIAL The Brand P&G-owned skin care brand Olay launched Olay Skin Advisor in 2017. Started with a data set of 50,000 face scans and has been used by 1M+ since The Value Exchange Shopping for beauty products can be confusing - ⅓ of shoppers do not find what they are looking for on the shelf. Provide personal data + Receive personalized product recommendations
  • 36. #EXPERIENTIAL The Brand Nestlé built an online marketplace in the pet space where dog owners could connect through interactive experiences that included cost-effective resources, education, and training. The Value Exchange Finding qualified trainers for dogs is challenging. Provide data + pay a fee + Get support from expert dog trainers
  • 37. #EXPERIENTIAL The Brand CALIA by Carrie Underwood is a womens fitness brand owned by DICKS Sporting Goods. In 2021 they began offering virtual styling sessions. The Value Exchange Get personalized advice. Provide personal data + Receive personalized product recommendations
  • 38. #EXPERIENTIAL The Brand Porsche Driving Experience offers a variety of rewarding and challenging experiences, on and off the track. The Value Exchange Get expert instruction and access to new models and exclusive experiences for owners. Provide personal data + Pay a Fee + Access exclusive driving experiences
  • 39. Activating First Party Data #EXPERIENTIAL STEP ONE Build segments in your marketing systems (CDP, CRM etc.). STEP TWO Refine messaging, creative and targeting. STEP THREE Activate your audience across channels. E.g. Email, SMS, Social. Craft Beer Enthusiasts High NPS Seltzer Drinkers
  • 40. Executive Summary Shifts in the marketing and CX ecosystem present opportunities for brands to get closer to customers First-party data collection requires a ‘value exchange’ Experiences are an efficient way to collect First-Party Data Data from experiences is underutilized and silo’d Technology can overcome the data challenges but maximizing effectiveness requires people and teams to work together #EXPERIENTIAL
  • 41. #EXPERIENTIAL #EXPERIENTIAL July 22 @ 11 am PT / 2 pm ET Join Us Experiential Trends 2021 Sign up at https://www.anyroad.com/events-and-webinars