Poor Man’s Personalization w/ GMP · 2020. 1. 28. · increase their Average Order Value by up to...

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Poor Man’s Personalization w/ GMP Sayf Sharif, VP of Analytics @sayfsharif

Transcript of Poor Man’s Personalization w/ GMP · 2020. 1. 28. · increase their Average Order Value by up to...

Page 1: Poor Man’s Personalization w/ GMP · 2020. 1. 28. · increase their Average Order Value by up to 33% after introducing personalization Personalization can increase the Marketing

Poor Man’s Personalization

w/ GMP

Sayf Sharif, VP of Analytics @sayfsharif

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Has This Happened To You?

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My Profile, History, Recommendations. All Gone.

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We’ve gotten spoiled

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I Never Saw The Last Episode of Star Blazers

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91% prefer brands who employ personalization79% expect personalization

74% will share data for personalization

Mary Meeker’s Internet Trends Report 2019https://www.getg5.com/mary-meekers-internet-trends-report-2019-what-marketers-need-to-know/

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They expect it. So what?

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64% of companies rated customer

experience as the best tactic for improving Customer Lifetime Value, followed by

better use of data and personalization.

93% of companies see an uplift in Conversion

Rates using personalization

Online retailers increase their Average Order Value by up to 33% after introducing

personalization

Personalization can increase the Marketing Efficiency by up to 30% delivering better cross

channel ROI.

Personalization techniques generated

17% more Revenue and were able to realize ROI of upwards of $20 for every dollar invested.

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The Goal Today

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● How To Use Personalization Techniques Today● How To Do It Without Expensive Software● How To Do It Without Tons of Dev Time● How To Do It Without Being Creepy

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Target and the Pregnant Teen(You’ve all heard this one before)

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Target & The Pregnant Teen

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“...we learned that some women react badly”

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Relevance & The Reticular Activating System

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“As long as we don’t spook her, it works.”

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The Problems With Personalization(Let’s Get These Out of The Way)

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The Problems With Personalization

Structural

● Lack of Buy-In● IT Resources● Lack of Integration

Functional

● Lack of Awareness● Lack of Consent● The Filter Bubble● Content Fatigue● Blanket Algorithms● Being Creepy

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Lack of Buy In

Only 7% of organisations identify personalization as their number one priority

Gartner for Marketers report predicts 80% will stop investing in Personalization over next five years

27% believe that data is the key obstacle to PersonalizationStudies by Pure360, Gartner, Econsultancy Digital Trends

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Lack of IT Resources

1 out of 4Study by The Relevancy Group

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Lack of Integration

66% ‘technology platforms are not sufficiently joined-up’

70% no single source of truth for customer intelligence

Bridging the Customer Experience - Econsultancy

Median number of Data sources: 15

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Those are Structural… Now for the Functional...

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Lack of Awareness

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Lack of Consent

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Echo Chambers & The Filter Bubble

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Content Fatigue

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Blanket Algorithms

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Being Creepy

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How To Do Personalization Right(with some actual examples)

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How To Do Personalization Right

● Give Customers Control

● Be Invisible

● Only Use Some Of Your Data

● Reduce Information & Choice

Overload

● Be Contextually Relevant

● Behavior Based Personas

● Seamless Experience

● Real-time Data & Messaging

● Dynamic Content & Rendering

● Broaden Your Segments

● Mix it Up

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Give Customers Control

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Be Up Front About It (and honor GDPR obviously)

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Be Invisible

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Only Use Some of Your Data

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Reduce Information & Choice Overload

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Contextually Relevant

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Personalization with Google Tag Manager

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Create a Variable

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If the variable is true, modify the style

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Trigger it on the right pages

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Personalization with Google Tag Manager

32X More Likely To Convert

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Behavior Based Personas

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Creating Behavioral Audiences

Session 1Views one piece of residential content

Session 2Views residential content, downloads a help article and plays video content geared toward homeowners

Session 3Views one piece of residential content

Unique User Profile | ScoreResidential | r:5 | c:0

Residential score of 5Commercial score of 0

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You can make em even more complicated

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Apologies for the upcoming slightly outdated slides...

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Step 1:Create “1st Party Cookie” Variables

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Step 1:Create “1st Party Cookie” Variables

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Step 1:Create “1st Party Cookie” Variables

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Cookie 1: “residential value”Cookie Name: “ltr”

Cookie 2: “commercial value”Name: “ltc”

Cookie 3: “current profile”Name: “ltp”

Step 1:Create “1st Party Cookie” Variables

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Step 2:Create Custom HTML Tag

https://seer.is/user-scoring-script

https://seer.is/user-scoring-script

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Step 3:Trigger the Custom HTML Tag

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Step 3:Trigger the Custom HTML Tag

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Step 4:Add Values to a Custom Dimension

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Step 5:Don’t forget to add the Dimension in GA

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Step 5:Don’t forget to add the Dimension in GA

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Step 5:Don’t forget to add the Dimension in GA

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Step 5:Add Values to a Custom Dimension

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Step 6:Create Your GA Audience

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Step 6:Create Your GA Audience

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Step 6:Create Your GA Audience

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Step 6:Create Your GA Audience

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What the results were for Amerigas

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Improved CVR for residential audiences

Creating Behavioral Audiences

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Once you get “buy in”...

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Seamless Experience

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Real-time Data & Messaging

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Television Attribution Analysis

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1536 New Sessions0.05% CVR

$80 CPA50,187 New Sessions

2.3% CVR

$0.48 CPA

Television Attribution Analysis

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60%higher conversions per impression

48%higher conversion rate

69% higher conversions on site

Site Personalization Based on Ads

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Dynamic Content & Rendering

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Dynamic Content & Rendering

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Dynamic Content & Rendering

REGION INITIAL TEMPERATURE THRESHOLD TIMING

TEMPERATURE CHANGE TRIGGER

1 56° October 1 -6°

3 62° September 20 -5°

4 49° September 20 -4°

6 44° October 15 -7°

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A Few Last Caveats

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Broaden Your Segments

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Mix it Up

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Bonus: Optimize 360(yes it costs money)

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Bonus: Personalization with Optimize 360

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Bonus: Personalization with Optimize 360

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Bonus: Personalization with Optimize 360

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Bonus: Personalization with Optimize 360

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Bonus: Personalization with Optimize 360

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Summing Up

Page 82: Poor Man’s Personalization w/ GMP · 2020. 1. 28. · increase their Average Order Value by up to 33% after introducing personalization Personalization can increase the Marketing

Solutions

● Give Customers Control

● Be Invisible

● Only Use Some Of Your Data

● Reduce Information & Choice

Overload

● Be Contextually Relevant

● Behavior Based Personas

● Seamless Experience

● Real-time Data & Messaging

● Dynamic Content & Rendering

● Broaden Your Segments

● Mix it Up

Problems

● Lack of Buy-In

● IT Resources

● Lack of Integration

● Lack of Awareness

● Lack of Consent

● The Filter Bubble

● Content Fatigue

● Blanket Algorithms

● Being Creepy

Page 83: Poor Man’s Personalization w/ GMP · 2020. 1. 28. · increase their Average Order Value by up to 33% after introducing personalization Personalization can increase the Marketing

Thanks!

Sayf Sharif, VP of Analytics @sayfsharif