Customer Journey Analyses: Requirements and Choices of Implementation
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1 Customer Journey Analyses: Requirements and Choices of Implementation
2 Agenda Customer-Journey-Analyses Definition Reasons to run this type of analyses Requirements for Customer-Journey-Analyses Length of contact chains Touchpoints Time Touchpoint measurement Human behaviour Tools/Methods of Customer-Journey-Analyses Web-Analytics-Tools Customer-Journey-Tools Time series analyses Data Warehouse analyses Conclusions Agenda 2
3 Online customer journey analyses Analysing the online (and offline) end to end steps/touchpoints a customer goes through in order to either purchase, enquire, utilise or experience what they want from your company or organisation Budget allocation Customer journeys highlight the media of most impact, providing an informed data point for ROI calculation within an attribution model Channel optimization By knowing the preceding touchpoint or traffic source, reinforce the connection between the two channels Personalisation strategy per touchpoint By having the context of a customer s buying pattern, customize content to acknowledge past actions 3
4 Why not using our Digital-Analytics-Tool? Budget allocation Channel optimization Personalisation strategy per touchpoint è Can t we do this within our Digital-Analytics-Tool? 4
5 Requirement: length of contact chains How many touchpoints do we see in our existing Digital-Analytics-Tool(s)? è Quite often it is just 1 (one) Difference 4% Difference 1% Difference.8% è Keep in mind the impact of customer journey analyses on revenue could be small 5
6 Requirement: Touchpoints All touchpoints are equal? Paid vs. Organic Ads vs. Content marketing Post click vs. Post view Online vs. Offline External vs. Internal Conversions = Touchpoints? 6
7 Requirement: Time How long is a journey? 30 days Catalogues may be sent twice a year Re-targeting: free shipping because you just left a shopping site: valid for a few minutes How relevant is a post view touch point on that re-targeting ad after the offer expired? We need a model for attribution decay (William Gibson) in customer journey à The rules for building the customer journey and the rules of the attribution model have to match with the complex reality of "how do we communicate with our (potential) customers" 7
8 Requirement: Touchpoints measurement At what kind of granularity are you currently running your online campaign reporting within your Digital-Analytics-Tool? Ø High level.. You need first to think about a new concept to get correct results for your customer journey analyses Do you have quite often unreliable campaign reports because of double used and/or missing campaign Ids? Ø You need to check/improve/automize your campaign ID Management Ø At the end you must be able to synchronise your Digital-Analytics-Tool and your potentiell Customer-Journey-Tool, CRM, BI, Data Warehouse platform 8
9 Requirement: Human behaviour Is online marketing really willing to shift budgets based on customer journey analyses results? Ø Discuss consequences first... some channel owner might not be amused about cutting their budgets 9
10 Tools/methods of customer journey analyses Check your Digital-Analytics-Tool, if it could be enhanced? If not, you might implement in addition Google Analytics Select and implement a customer journey tool such as Use statistical methods (time series analyses) AdClear Exactag Intelliad RefinedAds Immune to device switches Connect online and offline events Use your Data Warehouse Enables cross media analyses Enables usage of collected customer journey data for personalisation 10
11 Conclusions OK, it makes sense to consider customer journey analyses Budget optimisation Campaign optimisation Personalisation Before choosing a tool you should check Do your clients use (perceive) more than one touch point Is the impact of previous touchpoints big enough to justify the TCO of customer journey analyses Is your data quality good enough to identify the relevant touchpoints (campaign ID management) Is your organization ready to act on customer journey results If all that s OK, then select a tool or method to run customer journey analyses matching your requirements 11
12 contact details Roland Markowski Office: Mob: Nic Diefenbach Office: contact contentmetrics 12
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