Content Personalization Fact Pack - OneSpot · Content Personalization Fact Pack d Stats About...

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Content Personalization Fact Pack Content Personalization Fact Pack Cold, Hard Stats About Personalization and Content Cold, Hard Stats About Personalization and Content

Transcript of Content Personalization Fact Pack - OneSpot · Content Personalization Fact Pack d Stats About...

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ContentPersonalization

Fact Pack

ContentPersonalization

Fact PackCold, Hard Stats About Personalization and Content

Cold, Hard Stats About Personalization and Content

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In this day and age, consumers expect every digital experience to be individually relevant.

Amazon presents relevant home pages with content “related to” and “inspired by” the items you viewed, and Netflix recommends shows you might like based on your previous viewing habits. Google “auto-fills” search suggestions and Facebook tailors your news feed based on content you’ve liked or shared.

It’s experiences like these that drive consumer expectations for personally relevant content from brands on a regular basis. But are marketers delivering on these expectations? And if not, what’s at stake for their content marketing programs in 2017?

We reviewed all the latest research on the topic to nail down the real risks and rewards for content marketing teams. And the findings suggest personalization is no longer just a strategy for content marketers—it’s an imperative. Read on to get the fast facts about personalization and content in 2017 and beyond.

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+ Consumer Personalization Preferences

+ Customer Experience & Content

+ Content Distribution Channels

+ Content Personalization Strategy Adoption

+ Return on Content Personalization

+Get Started with Content Personalization

What’s Inside

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Consumer Personalization Preferences

Consumers are frustrated by

irrelevant content

74%2

Marketers think personalization is critical to current

and future success

394%385%Agencies say that — despite

recognizing the importance of personalization — their clients

don’t know how to do it

??? ?

? ***

75%1

Consumers preferpersonalized content

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Consumer Personalization Preferences

Most consumers place greater value on content marketing that informs and educates.

TOP CONSUMER USE CASES FOR BRANDED CONTENT 4

40%INFORMS ME

28%EDUCATES ME

4%OTHER

11%INSPIRES ME

17%ENTERTAINS ME

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Consumer Personalization Preferences

Quality and relevance are most important when judging the value of branded content.

LENGTH

CHANNEL

RELEVANCE

QUALITY

SHARED/RECOMMENDED

BRAND FAMILIARITY

ATTRACTIVENESS

28% 42%

37%

13% 38%

15% 40%

21% 49%

22%

16%40%

31%

32%

21%

5%

5%

14%

4%

4%

2%13%

12%

9%

6%

3%

3%

3%

7%

4%

3%

39%42%

36% 42%

VERY IMPORTANT SOMEWHAT IMPORTANT VERY UNIMPORTANTSOMEWHAT UNIMPORTANTNEITHER

IMPORTANCE OF CHARACTERISTICS OF BRANDED CONTENT 4

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Customer Experience & Content

71%

14%

5

6

of marketers strongly consider how their content impacts the overall experience a person has with their organization

Brands who invest in delivering great customer experiences grow revenue

faster than laggards in customer experience

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Customer Experience & Content

through customer retention because of personalization and recommendation e�orts

Netflix saves $1B annually

$150MMNetflix's annual budget for recommendations

7

9

from personalized recommendations

of content watched on Netflix comes

75%8

Personalization Spotlight:

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Sales conversions of Amazon’s on-site recommendations

~60%10

Purchases generated by Amazon’s personalization recommendation engine35%8

Customer Experience & Content

Personalization Spotlight:

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Content Distribution Channels

CHANNELS MARKETERS PERSONALIZE MOST 16

WEBSITE49%

EMAIL86%

SOCIAL MEDIA25%

SEM20%

SMS17%

OFFLINE20%

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Content Distribution Channels

EMAIL

SOCIAL MEDIA

WEBSITE

SMS

SEM

OFFLINE

11%

7%

10%

25%

8%

5%

69%

72%

67%

50%

60%

71%

20%

21%

23%

25%

32%

24%

NO CHANGE MINOR CHANGE MAJOR CHANGE

CONVERSION RATE INCREASED DUE TO PERSONALIZATION ACROSS CHANNELS 16

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Content Personalization Strategy Adoption

How marketers are feeling about the impact of personalization11

OPTIMISTIC75%

NEUTRAL17%

PESSIMISTIC8%

Forecasted revenue increasefor those who personalize content

�15% by 201812

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Content Personalization Strategy Adoption

Marketers who personalize specific channels

36%11

� WEBSITE � EMAIL

� ADS

Marketers who personalize the entire customer journey 14%11

Marketers who personalize both online and offline

21%11

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Content Personalization Strategy Adoption

14% Doesn’t understand benefits

6% Not technologically advanced enough

28% Highly di�icult

53% Lacking needed data

59% Bandwidth/resource issues

59% Lacking needed technology

Reasons marketers don’t personalize content 13

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Content Personalization Strategy Adoption

EMAIL ADDRESS

NAME

LOCATION

57%

45%

41%

DEMOGRAPHICS

COOKIES

IP ADDRESS

40%

34%

33%

SOCIAL PROFILE

DEVICE ID

POSTAL ADDRESS

22%

22%

20%

LOCATION DATA

PHONE NUMBER

LIFESTYLE INFO

18%

17%

15%

PSYCHOGRAPHICS 8%

TYPES OF DATA MARKETERS USE FOR PERSONALIZATION15

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Return on Content Personalization

Increase in marketing ROI from brands who put data-driven personalization at the center of marketing and sales

20%Consumers are more likely to be a repeat customer if a brand provides targeted, personalized o�ers78%

19% Average upli� in sales from brands that personalize web experiences

3

7

14

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Return on Content Personalization

Nearly all marketers using website personalization technology have seen

in their most important metrics1520%15

39%of at least

have seenincreases

...and

A LIFT OF AT LEAST �5%

80%in content consumed per visitor when employing content personalization

A leading beauty brand saw an

INCREASE

4

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Return on Content Personalization

Personalized content increases purchase intent

A leading technology brand discovered that visitors who engaged with personalized content were

than those who didn't see any personalized content 4

MORE LIKELY TO PURCHASE34%

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When site visitors consume 3+ pieces of content, they are

MORE LIKELY TO CLICK CALLS TO ACTION LIKE "BUY NOW"4

12x

Return on Content Personalization

Increased content consumption leads to action

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Now that you have all of the facts, here are a few things to keep in mind as you get started with

content personalization.

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Get Started with Content Personalization

What is my content marketing strategy? Are my goals, tactics, and operations documented?How will we determine if we’re successful? What will we measure?How much content do I have? Do I have enough/too much/too little? Am I creating the right content for my customer? Where are the editorial gaps or opportunities for engagement?Where am I distributing content? Is my content cross-channel?What does my marketing technology stack look like? Am I getting what I need from it?

1Take stock of your current content marketing

strategy, measurement and operations

The first step in implementing content personalization is to ensure you fully understand the scope of your content marketing e�orts today, ranging from strategy to metrics. Here are some questions to ask as well

as things to look for as you build your strategy:

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BRAND-TO-CUSTOMER EXPERIENCE ADVOCATE—

TECHNICAL GURU—

ANALYTICS AND KPI KEEPER—

CRM MASTER—

PAID MEDIA WIZARD—

CONTENT STRATEGY VISIONARY—

EXECUTIVE CHAMPION

Get Started with Content Personalization

Align your stakeholders to build your content personalization dream team

The most critical element of implementing content marketing personalization is having a team that can pull it o�. Since your customers’ experiences with your brand happen across all channels, it’s important to

build your dream team with expertise across all customer touch points. Your content personalization dream team may include:

2

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Get Started with Content Personalization

Build the business case for personalization with the right KPIs to show ROI

Many content marketers think of ROI as the holy grail. With a clear strategy from the beginning and the right goals in place, personalization

can help you knock it out of the park. Here are four types of metrics the most sophisticated organizations use to deliver tangible

business value from content marketing:

Pick the right content marketing technology to create the optimal customer experience

Once you have the personalization strategy and manpower in place, the next critical step is identifying the right technology to help

you execute and optimize your personalized content marketing.

4

3

OPERATIONAL ROI | ENGAGEMENT | BRAND LIFT | SALES LIFT

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Get Started with Content Personalization

Make your marketing technology vendor a partner

One key secret to getting the most from your marketing technology stack isn’t just having the smarts, the training, or taking your time with

the evaluation process. It’s being upfront about what you need to accomplish with your vendor and putting the expectation on them

that you want a partnership, not just a transactional relationship. Here are some suggestions to help you build partnerships with your key

marketing technology vendors:

5

ASK TO SEE THE PRODUCT ROADMAP—

SHARE IDEAS TO MAKE YOU MORE SUCCESSFUL WITH THEIR TECHNOLOGY

— OWN THE TIMELINE

TO LEARN MORE, DOWNLOAD THE FULL GUIDEGetting Content Personalization Done in 2017

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SOURCES1 - Aberdeen Group 20152 - Harris Interactive 20133 - Econsultancy 20134 - OneSpot 20165 - Content Marketing Institute 2016

6 - Forrester 20167 - Digital Smiths 20168 - Mckinsey 20139 - Netflix 201610 - Forrester 201211 - CMO Council/Microso� 2015

12 - Gartner 201513 - Demand Metric 201614 - Infosys 201615 - VB Insight 201516 - Econsultancy 2015

FOR MORE INFORMATION, CONTACT US AT [email protected]

Ready to make personalization an integral part of your

content marketing strategy? We can help you get started.