APPLYINGBIG DATA @ STYRIA...APPLYINGBIG DATA @ STYRIA HOW WE USE BIG DATA IN STYRIA FOR END-CONSUMER...
Transcript of APPLYINGBIG DATA @ STYRIA...APPLYINGBIG DATA @ STYRIA HOW WE USE BIG DATA IN STYRIA FOR END-CONSUMER...
APPLYING BIG DATA @ STYRIAHOW WE USE BIG DATA IN STYRIA FOR END-CONSUMER MARKETING
CHRISTIAN LÄMMERER FRANZ WEISSENBÖCKMANAGING DIRECTOR STYRIA MARKETING SERVICES DATA SCIENTIST STYRIA MARKETING SERVICES
- FOUNDED IN 1869 - 3 CORE MARKETS à AUSTRIA, SLOVENIA, CROATIA- 2.700 EMPLOYEES - CORE AREAS:
• DAILY AND WEEKLY NEWSPAPERS• MAGAZINES • BOOKS • RADIO• CLASSIFIEDS & BEST BUY
STYRIA MEDIA GROUPWHO IS
YOUR KEY FOR LASTING SUCCESS
Styria Marketing Services, your partner for personal customer contact!
3. CUSTOMER LOYALITY
1. DATA SCIENCE
2. CUSTOMER ACQUISITION
CUSTOMER
INDIVIDUAL CUSTOMER CONTACT
UNDERSTANDING YOUR
AUDIENCE
MAKE DATA SMART
CREATE CUSTOMER INSIGHT
DISCOVER SECRETS
FOR OUR BIG DATA TEAMGUIDELINES
USE CUSTOMER
DATA-KNOWLEDGE
ONLY WE HAVE
MAKE DATA CONCRETE &
USABLE
REDUCE COMPLEXITY
OF TOO MUCH DATA
THINK AUDIENCE NOT MEDIA
OUR FOUNDATION IS A
END-CUSTOMER-DATABASE FOR ALL STYRIA-BRANDS
IN AUSTRIA
OUR APPROACH TODATA DRIVEN MARKETING
Step #2USE DATA SCIENCE
TO REVEAL CUSTOMER INSIGHTS
& BRAND SECRETS
Step #1PROVIDE SELF
SERVICE TOOLS FOR USERS BASED ON
SMART DATA
Step #3USE MACHINE
LEARNING ALGORITHMS & ARTIFICIAL
INTELLIGENCE
PLENTY OF DIFFERENT DATA SOURCES GENERATE MILLIONS OF DATASETS
SOLUTION: WE DEVELOPED ALGORITHMS TO SIMPLIFY AND REFINE OUR DATA FOR
KEY USERS
SMART DATA SETS ARE PROVIDED IN CRM
ENABLING KEY USERS TO USE DATA THROUGH SELF
SERVICE
SELF SERVICEEMPOWERMENT THROUGH
SEEING THE BIG PICTURE & USING ALL DATA FOR
CUSTOMIZED MARKETING CAMPAIGNS IS ALMOST
IMPOSSIBLE
WE CALL THIS REFINEMENT „SMART DATA“ BECAUSE
DATA GETS CONCRETE
ACCESS DATA WITH „EASY-TO-USE & REALTIME-
TOOLS“ WITHOUT HELP OF IT
SIMPLE COMPLEX
LIT
TL
E
DAT
AM
UC
H D
ATA
age group
academic
interests throughparticipation
cool off
contact intensity
delivery days
quality of delivery
offer-exploits
active since
subscription status
online-offline link
EXAMPLES OF DATAWE GENERATE
BASED ON DATA WE DEVELOP A SCORING MODEL
TO PREDICT POSSIBLE CANCELATIONS
WITH DATA SCIENCEDISCOVER SECRETS
WORKING THE CHURN RATE IS IMPORTANT FOR OUR NEWSPAPER BRANDS. DATA SCIENCE IS A KEY TOOL TO IDENTIFY CUSTOMERS WHICH ARE MOST LIKELY TO CHURN
AND HENCE TO RE-ALLOCATE MARKETING RESSOURCES ACCORDINGLY.
WE CONNECT AS MANY DATA AS POSSIBLE AND ANALYSE ITS INPUT
REGARDING CHURN RATE
WE THEN CAN USE ONEATTRIBUTE TO SELECT THE RIGHT CUSTOMERS
FOR LOYALTY PROGRAMS
FOR HIGH CANCELLATION POTENTIALSSCORING
CONNECT DATA IDENTIFY RELEVANT VARIABLES
PUT VARIABLES IN RELATION & DEVELOP
SCORECARD
APPLY SCORECARD TO ALL CUSTOMERS
CLUSTER CUSTOMERS INTO SEGMENTS
START LOYALTY PROGRAMS
WITH ARTIFICIAL INTELLIGENCEIMPROVE CUSTOMER EXPERIENCE
AI „READS“ AND CATEGORIZES
CONTENT
MACHINE-LEARNING-ALGORITHMS CREATE
PERSONALRECOMMENDATION
FOR EACH CUSTOMER
MAKE IT PERSONAL:
INTELLIGENT & CONTENT BASED
INFORMATIONFOR
OUR USERS
DIFFERENT USER PROFILES ARE INPUT
VARIABLES FOR RECOMMENDATION
CONTACT DETAILSFOR A SMART INTERACTION
CHRISTIAN LÄMMERER
Managing DirectorT. +43 1 51414 [email protected]
FRANZ WEISSENBÖCK
Data ScientistT. +43 1 51414 [email protected]
Styria Marketing Services GmbH & Co KGStyria Call & Mail GmbH & Co KGGraz: Gadollaplatz 1 | 8010 Graz | AustriaWien: Hainburger Straße 33 | 1030 Wien | AustriaKlagenfurt: Hasnerstraße 2 | 9020 Klagenfurt | Austria