MarketingSherpa Blog

In my field, we often speak of “data-driven decisions.” But for the leader, sometimes the most important data is derived from a source that evades our metrics platforms. Indeed, such data can only be gleaned through brutal self-confrontation.

Confessions

The philosopher Kierkegaard reflected that “… the artist goes forward by going backward.” It is a paradoxical concept and yet an apt observation.

If the leader wants a different outcome than the one he is currently achieving, he may do better to look backward rather than forward.

For me, this means doing the hard work of reflecting on my most significant failures, and in particular, the root causes of these failures. This is especially painful because the “root cause” of the “root causes” of my organization’s failures lies within ME.

Looking back over 30+ years of (my) leadership data, I can see patterns … negative patterns. This observation leads to an inevitable question: What can I do to prevent their recurrence?

There is a complex answer; there is a concise answer. Here is the latter.

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“DLT is a value-added reseller. We work with the public sector, pairing some of the leading technologies and software solutions in the industry and helping to deliver those into the public sector,” said Tom Mahoney, Director, Marketing Operations, DLT.

The company helps to eliminate the obstacles to getting cutting-edge products and services into the hands of the government employees who need to be using it.

In the spirit of eliminating obstacles, DLT decided to do just that with its own customer experience by optimizing the company’s website and content.

When looking at the website, Mahoney said he and his team asked themselves, “Was it performing for us, was it delivering the message we wanted to deliver and was it easy to use?”

Mahoney pointed out that if the website isn’t working for you as a marketer, then it is definitely not going to work for your customers.

“We couldn’t even find or access the type of content that we wanted to be seeing, and we had built it,” he said. “We had to take stock of that, step back and ask ourselves what the website is meant to do and how can we make the experience a little more optimal?”

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Canadian chain of automotive maintenance service centers Mr. Lube was challenged with customer retention and relationship management across the various touch points.

Before her session at MarketingSherpa Summit 2017, Andrea Shaikin, (Former) Director of Customer Experience and Engagement, Mr. Lube, sat down with me in the Media Center to discuss how her team approached the challenge.

Andrea said that the first and biggest issue (as it is with many marketers) was data.

“We had so much data. It was unbelievable. Transactional information going back 40 years, but we couldn’t use it for customer information. We didn’t actually know what people were doing [because] our unique identifier was the license plate, not the person,” she said.

The team had no clue how to meaningfully interpret the data to give people the information they needed at the actual time when they needed it. The team had to find a way to do that, without changing too many of the systems for the financial reporting purposes.

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All marketers should have three key questions in their head at all times. What do consumers really think about your business practices? What marketing approaches can I use to tell them about our business? And where do they want to hear these messages (i.e. channel preferences)?

To help you get an answer to these questions, we conducted research with 2,400 U.S. consumers, sampled to reflect a close match to the U.S. population’s demographics. But we also split them into satisfied and unsatisfied customers to understand how these marketing and business behaviors affect customer satisfaction, especially taking a customer-first marketing approach to all of these business decisions.

We published what we discovered in a 54-page free report filled with oodles of data for the customer-first, data-driven marketer.

But that’s much too much to dive into on a Friday.

So here are some snack-size, social media-friendly (wink, wink) videos to provide you some quick consumer insights from the study.

But first, here’s a little more background about the research.

And now a look at a few of our discoveries…

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Every year when I’m in Las Vegas for MarketingSherpa Summit, I find myself on the casino floor at some point. All roads in Vegas lead through the casino.

There’s bright flashing lights and sounds. Lively chatter. General bacchanalia.

Gambling looks like a lot of fun, and many people enjoy it. But other than a few bucks here or there, I don’t partake. Because, as someone who has written about evidence-based marketing for these many years, I suspect the odds are not in my favor.

The house always wins. In the gambler-casino relationship, the casino has the slight edge that, over billions of transactions, generates positive cash flow. This is a business after all, and revenue for the fountains, the curved glass and steel towers, the futuristic trams — it has to come from somewhere.

So when I had a chance to interview Jeff Ma, I wanted his opinion on the customer-marketer relationship. Who has the edge?

The customer and the marketer shouldn’t be opposed

“I think ultimately it’s not a similar thing because the difference . . . this is like honestly one of the things I don’t think people realize — the customer and the marketer shouldn’t be opposed. There’s not a contentious relationship. This should actually be a very positive relationship,” Jeff told me.

“If I were a customer, as long as the marketer had my best intentions, I wouldn’t give a s%&@ if they knew everything about me and all the data about me. As long as they’re not going to harm or use that against me, I want them to have as much information as they can.”

Jeff Ma is currently the senior director of analytics for Twitter, was previously ESPN’s predictive analytics expert, and is perhaps best known for his role on the infamous MIT Blackjack Team. Using creativity, math and teamwork, Ma created a card-counting method that helped the group win millions in Las Vegas. He was the inspiration for the book Bringing Down the House and the Kevin Spacey movie 21.

I was interviewing Jeff because he is a featured speaker at MarketingSherpa Summit 2017 in Las Vegas, and his response was right in line with discoveries from MarketingSherpa’s recent research.

For example, “showing personalized ads based on data about me is invasive” was not a major factor in why consumers blocked online ads.

However, that part Jeff mentioned about “as long as the marketer had my best intentions” was huge. Customer-first marketing was the key difference between how satisfied and unsatisfied customers described a company’s marketing, showing that the intentions behind the marketing play a critical role in the relationship with a customer.

Here are a few more quick takeaways from my conversation with Jeff to help you look at your data through a new lens.

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With spring now upon us, are you ready to “spring clean” your email lists?

It’s a hard task to take on. No one likes to see their list decline. However, list hygiene is an important part of any email strategy.

“Blasting your emails to an unqualified list could result in account suspensions from your email platform, penalties, or even fines, not to mention dismal marketing results,” according to the Salesforce article “How to Keep Your Email Lists Sparkling Clean.”

If many of your email addresses are undeliverable or people are marking you as spam, your email reputation suffers. You could be causing yourself to be flagged as spam in your customer’s inboxes — and that won’t get your campaigns very far.

To get your list back to a healthy state and stay that way, we’ve outline six steps for your team to take.

Step #1. Delete fake, role-based and misspelled email addresses

To start your email spring cleaning, examine your list for the addresses you won’t hope to win-back. This includes those that don’t actually make it to someone (and probably never have).

For various reasons, consumers don’t always provide the correct information online. As an initial step into cleaning your list, you’ll want to delete all the bogus email addresses. These could include emails like:

• test@gmail.com
• 123@company.com
• asdf@asdf.com (This address even has a fake website to go with it.)

You’ll probably want to eliminate role email address as well. These are typically groups, not individuals, where no one will actually open, read or click your emails. A few examples include:

• admin@example.com
• info@example.com
• media@example.com

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Have you ever been at a social event and a person, unknown to you, eagerly greets you by name? Recall the creepy feeling you got in that situation.

It leaves you thinking — who is this person and how do they know this personal information?

Thanks to the Internet, marketers have the ability to collect and use an absurd amount of personal consumer data. As marketers, we’ve used this data to guide consumers to ideal products and services without them even knowing. Well, let me revise that last statement — we used to do this without consumers knowing.

Avoid This: Personalization                                                                                             

As personalization has become a buzzword over the last few years, efforts to connect with consumers have gone haywire. Every day, I receive emails from companies who promote products similar to those I’ve pinned on Pinterest and address me by my name, or at least attempt to:

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This week in the MarketingSherpa Book Giveaway, we’re giving out five free copies of The Big Data-Driven Business: How to use big data to win customers, beat competitors and boost profits.

In this MarketingSherpa Blog post, we interviewed one of the co-authors, Russell Glass, for his insights on leveraging big data and what’s on the horizon for this much-discussed topic.

Russell currently serves as Head of B2B Marketing Products at LinkedIn and previously served as Founder, President and CEO of Bizo, acquired by LinkedIn this year for $175 million.

Sean Callahan, Senior Manager of Content Marketing, LinkedIn, and former Marketing Director of Bizo, served as co-author of The Big Data-Driven Business.

Read on to discover how big data has brought Marketing and Sales closer than ever and what marketers can do to use big data effectively and ethically.

What really is big data?

“One of the reasons we wrote the book is that we saw a big discrepancy between those who understand big data and those who were either skeptical of it or didn’t know what to think about it,” Russell said.

For a marketer just getting started in understanding and leveraging big data, Russell explained that it’s all about knowing your customers much better than you know them today through technology.

Why is big data so valuable?

For CMOs and marketers driving success for their company and achieving huge gains by using big data, they are putting a culture in place that is asking deep and insightful questions about their customers.

“They are understanding what makes a customer tick, what their customer is looking for and how can marketers create more relevant experiences for that customer,” Russell said.

Then, these marketers using big data are putting the systems in place to answer those questions as well as using all of those increases in processing power, storage and technology to create a better experience for their customers.

“These CMOs, because they are so close to the customer, they become the person in the organization that’s most likely able to move shareholder value,” he explained.

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Want to build customer trust?

Be transparent about how you’re using and protecting the information you gather from them.

That’s the word from James Koons, Chief Privacy Officer for Listrak, which provides omnichannel digital marketing solutions to retailers.

James’ statement is underscored by the MarketingSherpa Ecommerce Benchmark Study. It reveals that frequent security evaluation correlates with greater ecommerce success. Specifically, of the 2,161 marketers responding, those that evaluated security on a daily or weekly basis had more than a 10% higher rate of revenue and responsiveness than those that didn’t.

“Consumers are savvier when it comes to privacy and security,” James explained, “and we continue to get those ‘your-data-may-have-been-compromised-please-change-your-password’ messages, so we can’t help as consumers to be learned in that area.”

“Nowadays, it’s not a question of if something happens, it’s when something happens. How prepared are you and what are you going to do?” James asked.

Here are some highlights from their conversation in the MarketingSherpa Media Center at IRCE:

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I still get emails to the email address I created in middle school. This was back when having cutsie screen names was awesome, DSL was the latest and selecting your Top 8 on MySpace was the most stressful part of the week.

Although I haven’t sent or opened an email in that account for probably 10 years, the emails still come through.

It had been a while since I had actually gone to that inbox, though I needed to reset my password before I was even able to scroll through the pages upon pages of unread mail. Not one of them was a personal email. As I kept going through pages years back, I noticed that they’re all marketing emails – often from the same few companies.

I have not engaged after nearly a decade of sends. I have not read a single subject line. I have not opened any emails. I have not clicked any calls-to-action. Yet these companies keep sending.

How is marketing to that email address helping the marketers’ campaigns (other than contributing to list bloat)?

The importance of list hygiene

At Email Summit 2014 in Las Vegas, Laura Mihai, Email Marketing Specialist, 3M Canada, spoke on the integration of list cleansing as a regular element of its email marketing campaigns.

Laura opened her session by reflecting on a time when deliverability rates started to affect campaigns.

“We really wanted to focus on eliminating those who don’t engage with our communications,” explained Laura. The team at 3M Canada had the idea of running a campaign with the incentive of a contest to stay on the list and update contact information.

Using this campaign, the team trimmed their list by an impressive 64%. Now, they can be in touch with people who want to engage with them.

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