Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove...

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Copyright © SAS Institute Inc. All rights reserved. Marketing for newborns: how Analytics and IoT reflect on the way companies target new generations Cristina Conti, Analytics Solutions Manager Global Technology Practice, SAS

Transcript of Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove...

Page 1: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

Copyright © SAS Insti tute Inc. Al l rights reserved.

Marketing for newborns: how Analytics and IoT reflect on the way companies target new generationsCristina Conti, Analytics Solutions Manager Global Technology Practice, SAS

Page 2: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

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Some intro

I’ll be using mom-familiar situations to

present powerful analytical

capabilities that can generate a strong business

outcome

I have a 4 months old

daughter whose birth gave me

the idea for this presentation

I work in SAS Global Practice,

supporting Analytics and Data Science

Page 3: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

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Gen Z, who are they?One day they’ll rule the world… or are they already?

Most often, they are targeted through they romantically embezzeled mothers

Page 4: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

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Why are mothers a good target?Without too much psychology, mothers are unsure how to treat new

babiesThus, they are very responsive to some very old style, yet very

powerful marketing rule… find a need that you didn’t know you had!!

In most mother’s case, this rule is even more powerful as moms are always looking for a magic wand

Page 5: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

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New mothers marketing path

Traditional word of mouth:

you have it, I want

it

Modern word of mouth: online blogs

Images: I do, you

do, we do

Customer segmenta

tion

Contextual

marketingInternet of things

Optimization

Page 6: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

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Data

DeploymentDiscoveryTo get VALUE out of any analytics endeavor, 3 key components have to be considered: • DATA; • DISCOVERY; and • DEPLOYMENT.

Page 7: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

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Data is the foundation

Structured Data

Online / Digital Data

Machine Data

Social Media Data

Page 8: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

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What we do with Data: DISCOVERY

Visualization

Prediction

Machine Learning

Optimization

Page 9: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

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How we Operationalize the results: DEPLOYMENT

Data Warehouse

CRM / Call Center

Mobile Channel

Devices

Page 10: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

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How? word of mouth and online blogs…

*Mom Consulting Central, 2014

Page 11: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

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Ok, so exactly how do we capture them?

From huge unstructured contentTo actionable analysis that can lead to selling our own product

Page 12: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

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From a practical standpoint

Natural Language Processing

Context

JL

Machine Learning

H

Discovery

Human Input

Topics, Insights, Relationships,

Taxonomies,Scored Documents

Unstructured Text Data

Operations

Further Analysis

Text Analytics

Page 13: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

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From a practical standpoint

Page 14: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

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From a practical standpoint

Model social relations

1

Detect the network

2

Assign the roles and classify the community

3

Social Network Analysis

Page 15: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

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Picture this: you have it, you do it, I want it

*Mom Consulting Central, 2014

83% of influencers have «visual» accounts: Pinterest, Instagram…

Why pictures matter? Sometimes we are the pics we post… and

you’ll know exactly what I’m going through!

Page 16: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

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Step 3: Image Recognition

Load Images and Resize

1

Convert Colors Apply noise reduction and binarization Apply edge detection

Convert to data matrix for machine learning

purposes

2 3 4 5

Page 17: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

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Segmentation, because my child is not like yours

«needs» toys to learn how

to crawl

«needs» toys to manage

teething

«needs» sling to always be

carried

«needs» neck-ring to enjoy water

Page 18: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

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Modern targeting through recommendations

Cluster method

KNN method

SVD method

ensemble• User profile• Order history• Click history• Item view history

Item recommendation

s

Not just that! Combine with initial mapping and profiling based on unstructured data to provide even more precise recommendations

Page 19: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

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5 moms just finished the baby massage class

It’s lunchtime and it’s raining

They have plenty of time, no need to rush home

Real-time geomarketing

Give them what they need through geolocalized marketing

Page 20: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

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Still an end-to-end integrated process

Descriptive

Diagnostic

Predictive

Transactions

Channel Interactions

Opinions / Sentiments

Listen / Filter / Trigger

Listen: Detect Events

Understand: Integrate Data

Understand: Apply Analytics

React: Take Action

Online, Offline

Structured, Unstructured

Match, Merge, Purge

First Party, Third Party

Outbound

Inbound / Real-Time

Orchestrated Omni-Channel

Page 21: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

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Connected at birth

(don’t tell them though)

Page 22: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

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Ok, maybe no demotic baby yet, but you can check out the demo-tic home at the booth

Page 23: Marketing per i newborns: come Analytics e IoT aiutano le aziende a targetizzare le nuove generazioni

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