Adobe Digital Strategy Group | Olivia Kwon Best (Practice Director, Retail … · 2018-11-13 ·...
Transcript of Adobe Digital Strategy Group | Olivia Kwon Best (Practice Director, Retail … · 2018-11-13 ·...
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Personalization @ ScaleAdobe Digital Strategy Group | Olivia Kwon Best (Practice Director, Retail & CPG)
© 2017 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Objectives
2
Share strategic POV on achieving Personalization
@ Scale
An overview of the Adobe's Personalization at Scale perspective that can help you drive engagement, loyalty and sales
© 2017 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Personalization is: delivering the right message & content to the right customer in the right context & through the right vehicles
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Experience
Data & Analytics▪ Enabled by 360 holistic omnichannel view of
customer data & preferences▪ Machine learning and predictive models/algorithms
Content▪ Personalized content that is
dynamically assembled (automatically)
Message or Offer▪ Optimize across competing messages/offers to select
the most relevant for the customer
Context▪ Behavior-triggered messages/offers, based on real-
time contextual interactions
Channels▪ Preferred contact channel and
frequency
Customer▪ Shift from mass marketing to personalization @
microsegment/individual level
© 2017 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
These leading practices capabilities drive a best-in-class personalization program
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Cap
abili
tyLe
adin
g P
ract
ice
s
Leverage centralized, decisioning engine to
arbitrate which messages/offers should go to which customers
over which channels
Digital messages are dynamically assembled
in real time
Online and offline teams are consolidated
(at all levels)
Org incentives are shared/common and
aligned to drive omnichannel goals
Creative production workflow is produced
by content block so content is created once and then applied across
channels
Content blocks are attributed with relevant metadata using AI/ML
Unified view of omnichannel customer
data
Robust predictive models/algorithms
(e.g., purchase propensity,
product/brand affinity, price sensitivity, etc)
Advanced digital tactics such as: tailored
content layout/sequence, dynamic promos,
behavior-triggered messages in store
Advanced offline tactics such as tailored POS
offers, clienteling, and associate/call center
enablement
Personalization & Decisioning Experience
Creative & Content ManagementData &
AnalyticsCreative &
Content MgmtData &
AnalyticsPersonalization & Decisioning
Customer Experience
Org & Operating Model
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Adobe’s maturity model outlines business capabilities needed to deliver personalized omnichannel experiences
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PER
SON
ALI
ZATI
ON
MA
TUR
ITY
MO
DEL
Customer Experience
Data management
Customer data captured
Data platform& integration
Data quality
Data reporting
Channel & campaign performance
Customer analytics & modeling
Segmentation
Predictive models& pznalgorithms
Scalable content production
Creative production workflow
Content/asset attribution
Digital asset management
Content management
Testing & experimenting
Campaign/Offer optimization
Omnichannel campaign mgmt.
Next best message/action
Contact optimization
Dynamic content assembly
Org structure & alignment
Operating model
Resources & Skillsets
Personalized websitePersonalized mobile app
Personalized emailPersonalized display ads
Personalized direct mail
Personalized in store
Personalization & Decisioning Experience
Creative & Content ManagementData &
AnalyticsCreative &
Content MgmtData &
Analytics
Customer Experience
Personalization & Decisioning
Org & Operating Model
© 2017 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
The decision engine provides the “personalization recipe”, which is assembled automatically across digital media, pulling content from the DAM
Content Blocks(DAM)
Campaign Optimization/ Decision Engine
Dynamic Content Assembly
Output: Offer/Message
Asset Asset Metadata
A
B
C
D
E
• Boho style• Promo offer 5%• Women’s• Spring Dresses
• Street style• Full price• Flat sandals• Silver color
• Floral pattern• 30% off• Long sleeves• Soft woven fabric
• Casual style• Full price• Kid’s• Spring t-shirt
• Designer’s fashion• Full price• Balloon sleeves• Silk
Content blocks tagged with metadata
Personalization recipe based on predictive models
Dynamic template is used to automatically assemble final digital media according to the “recipe” from the decision engine
Claudia’s Personalization Recipe
Priority 1: Spring dresses
Priority 2: Floral pattern
Priority 3: Street style
Victoria’s Personalization RecipePriority 1: Flat sandals
Priority 2: Kid’s
Priority 3: Designer’s fashion
Email Template
Priority 2
Priority 3
Priority1 C B
A
D E
B
Email to Claudia
Email to Victoria
Personalization& Decisioning
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© 2017 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Personalization can drive significant lift in omnichannel engagement and sales
Increase CTR by
10-30% (email, push, display, social)
Increase site conversion rates by
5-15%
Increase site AOV by
5-10%
Sources: Econsultancy
Increase store sales by
1-5% (digital influence on offline sales)
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© 2017 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Objectives
8
Share market perspective on who’s doing it well
© 2017 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
SITE
Homepage Cat page Search PDP EMAIL APP
Nascent Basic Emerging Advanced Cutting Edge
Retailers are still building personalization capabilities across all customer touchpoints
© 2017 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Objectives
10
Discuss recommended approach – where to get
started
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Recommended approach – high level plan to get started
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Establish program org structure with c-level support1.a
Identify solutions/platform and define required tech architecture3
Define roadmap, prioritize projects based on value & implementation complexity4
Prepare data platform to provide a single omnichannel view of customer 5
Redesign processes & identify organizational requirements6
Develop personalization strategy, prioritize desired capabilities & build business case1.b
Measure & monitor results and omnichannel KPIs7
Implement quick wins to deliver value immediately2
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Nordstrom Shopper:A shopper who expresses interest in brands like Madewell, Topshop and Free People via Nordstrom’s interactive brand quiz
Nordstrom uses explicit customer preferences to create personalized digital experiences Category
Page
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Designer preference CTA is prominent at the top of the homepage; authentication is not
required
Expression of interest in designers is aided by visuals and allows for liking as well as disliking
for more accurate sequencing results
Category page is automatically filtered by “Sorted just for you” and makes it easy to re-
express preferences
Nordstrom’s Women’s Clothing Category PageNordstrom’s Designer Preference QuizNordstrom’s Homepage
1 2 3
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Shopper 1:Frequently shops hair products and recently browsed Fenty Beauty line
Sephora’s app deploys 100% personalized, geo-targeted content near- and in-store in “store companion mode” App
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Shopper 2:Frequently shops powder makeup products (eyeshadow, blush, highlighter)
Shopper receives pop up that leads to store companion mode
Sephora sends real time push when shoppers walk near the store
Store companion showcases 100% tailored content: samples & new arrivals in store personalized to shopper’s past
behavior. Shoppers can easily view whether past purchases are in stock
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2
3
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Sample roadmap to achieve personalization at scale
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Phase 4Phase 1 Phase 2 Phase 3
Data & Analytics(setup for transformation)1
Omnichannel orchestration & messaging(optimize omnichannel campaigns)
2
Activate site & email personalization(prioritize initiatives based on value)
3
Optimize decisioning & dynamic contentassembly(Efficiently enable personalization
at scale)
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1A: Develop data platform that enables single omnichannel view of the customer views
1B: Develop predictive models & analytics