<DIV>''Consumer Insight'' provides market researchers with knowledge of database marketing and CRM techniques. It explains what database marketing is and covers the classic areas that marketers tend to focus on, such as: knowing who your customers are, what they do, where they are, what they buy and
Data-Driven Personalization: How to Use Consumer Insights to Generate Customer Loyalty
β Scribed by Zontee Hou
- Publisher
- Kogan Page
- Year
- 2024
- Tongue
- English
- Leaves
- 281
- Edition
- 1
- Category
- Library
No coin nor oath required. For personal study only.
β¦ Synopsis
Make your marketing truly resonate by personalizing every message, powered by data, research and behavioral economics.
To break through the noise, marketers today need to be hyper-relevant to their customers. To do that takes data and a deep understanding of your audience. Data-Driven Personalization breaks down the best ways to reach new customers and better engage your best customers. By combining principles of persuasion, behavioral economics and industry research, this book provides readers with an actionable blueprint for how to implement a customer-centric approach to marketing that will drive results.
The book is broken into six parts that detail everything from what data is most valuable for personalization to how to build a data-driven marketing team that's prepared for the next five years and beyond. Each chapter includes actionable insights to guide marketers as they implement a data-driven personalization approach to their strategy. The chapters also focus on hands-on tactics like identifying messages that will move the needle with customers, how to generate seamless omnichannel experiences and how to balance personalization with data privacy. The book features case studies from top brands, including FreshDirect, Target, Adobe, Cisco and Spotify.
β¦ Table of Contents
Cover
Contents
List of Figures
About the Author
Introduction
01 The Case for Data-Driven Personalization
Why Now is the Time to Improve How Your Marketing Team Uses Data
Why Personalization Matters
Customer Expectations Around Personalization
Our Opportunity and the Impact of Personalization
Resources Related to this Chapter
Chapter 1 Summary
PART ONE Understanding Your Customers
02 Starting With the Right Audiences
Recognizing the Right Customers
Keeping the Right Customers
Going From Segmentation to Personalization
Resources Related to this Chapter
Chapter 2 Summary
03 Researching and Segmenting Your Audiences
Building a Robust Picture of Your Customers
Customer Segments That Inform Our Data Collection
Resources Related to this Chapter
Chapter 3 Summary
04 Gaining Insights When Your Resources Are Limited
Leveraging Third-Party Research
Capitalizing on AI and Large Language Models
Testing With Live Customers
Resources Related to this Chapter
Chapter 4 Summary
PART TWO Building the Toolkit for Personalization
05 Preparing for Personalization: The Strategy Behind the Data
Working With Limited Cognitive Bandwidth
Crafting Persuasive Messages Like Aristotle
Aligning Audience Needs With Data Collection
Resources Related to this Chapter
Chapter 5 Summary
06 Setting Up Data Systems for Today and Tomorrow
Start With Your Foundation: Unify Your Data
Invest in Data Quality
Leverage AI and Machine Learning
Identify and Interface With New Behaviors
Resources Related to this Chapter
Chapter 6 Summary
07 Mapping Multi-Faceted Customer Journeys
What a Customer Journey Map Isβand Isnβt
Rightsizing Your Customer Journey Maps
Adding Dimension to Your Customer Journey Maps
Resources Related to this Chapter
Chapter 7 Summary
08 Creating Content That Feels Personal
Treating Content as a Dialogue
Starting Simple: Creating Content Based on Your Key Audiences
Infusing the Element of Time Into Content
Creating Content at Scale
Resources Related to this Chapter
Chapter 8 Summary
09 Delivering Seamless Omnichannel Experiences
Who Sets the Bar for Seamless Experiences?
What Data Drives Seamlessness?
Why Customer Experience is a Vital Part of Your Toolkit
Resources Related to this Chapter
Chapter 9 Summary
10 Balancing Privacy and Personalization
Understanding the Discomfort With Personalization
Confusion About Data and Privacy
The Ethical Responsibilities of Data Stewardship
Resources Related to this Chapter
Chapter 10 Summary
PART THREE Fostering Emotional Resonance
11 Uncovering What Drives Your Customers
Understanding Customer Motivations
Analyzing What Matters and What Motivates
When You Canβt Connect The Dotsβ¦ Directly
Resources Related to this Chapter
Chapter 11 Summary
12 Data and the Desire to Understand How We Compare
Providing Reassurance and Driving Progress
Helping Customers Make the Argument on Our Behalf
Benchmarks, Anchors, and Bias
Providing Data to Give Confidence
Resources Related to this Chapter
Chapter 12 Summary
13 Harnessing the Power of Social Proof
Whose Voices Are Credible?
Analyze Social Proof to Learn
How to Garner More Social Proof
Resources Related to this Chapter
Chapter 13 Summary
14 Developing and Testing More Relevant Messaging
Producing Marketing Messaging Based on Your Customer Knowledge
Testing Your Messaging
Strategic Marketing and the Scientific Method
Resources Related to this Chapter
Chapter 14 Summary
PART FOUR Tapping Into Community
15 The Sway of Belonging
The Power of Belonging
Identifying Communities
Integrating Voice-of-Customer Data
Building Owned Communities
Resources Related to this Chapter
Chapter 15 Summary
16 Getting the Most Out of Communities
Shaping the Community Conversation
Leveraging Data to Improve Community Engagement
Expanding the Conversation to Collect More Data
Fostering Community Conversations to Build Knowledge
Communities as Self-Sustaining Spaces
Resources Related to this Chapter
Chapter 16 Summary
17 Cultivating Community-Builders
Identifying Power Networkers
Empowering Your Community-Builders
Learn From Your Community-Builders
Resources Related to this Chapter
Chapter 17 Summary
PART FIVE Deepening Customer Profiles
18 The Appeal of Status
Why We Love a Loyalty Program
Making Customers Feel Appreciated
Making Customers Feel Heard
Making Customers Feel Celebrated
The Pursuit of Maintaining Status
Resources Related to this Chapter
Chapter 18 Summary
19 Increasing the Value of Your Customers
Improving Average Purchase Value
Increasing Average Purchase Frequency
Extending Customer Lifespan
Valuing Customers Long-Term
Resources Related to this Chapter
Chapter 19 Summary
20 Assembling Your Deep Customer Profile
Reflecting on the Key Components of Your Customer Profile
Collecting Data Throughout the Customer Journey
Anticipating Change: Taking a Balanced Approach
Resources Related to this Chapter
Chapter 20 Summary
PART SIX Empowering Your Data-Driven Personalization Team
21 Fostering a Culture of Curiosity
Creating a Learning Environment
Cultivating Questions, Not Just Answers
Build Mechanisms for Curiosity
Resources Related to this Chapter
Chapter 21 Summary
22 Equipping Your Data-Driven Personalization Team for Success
Build Consensus and Support
Ground Your Work in the Strategy
Assembling Your Team
Developing an Ethical Practice of Data
What If You Donβt Have All the Resources?
Start and End With People
Resources Related to this Chapter
Chapter 22 Summary
23 Assembling Your Tech Stack
What Technologies Do You Need?
How Should You Evaluate Prospective Technology?
Resources Related to this Chapter
Chapter 23 Summary
24 Putting It All Together: Creating Your Action Plan
Building the Case For Having a Seat at the Table When Making Data Decisions
Refresher: Reviewing Chapter Takeaways
Assembling Your Action Plan
Questions From Marketers Like You
Turning Ideas Into Action
Acknowledgments
References
Index
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