Behavioral Marketing - Nussey Bill

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drama because I've spent more than 20 years as a digital marketer. It is literally all I've ever done. Oscillating between the agency and corporate worlds has afforded me a view of the first 25 chapters of the story well enough to know there are at least 25 more. I've had marketing performance and staffing pinned to my shirt long enough for year-over-year metrics to be the true success criteria, and I've had to build new functions and groups out of thin air into productive existence in less than three months.

      I've walked the walk inside the halls of huge companies. I was at UPS early in my career as a digital native brought in to scale the competency internally. Most recently, I joined IBM as one of the thought leaders and experts within Silverpop that IBM bought in 2014 to further expand the digital marketing offerings in the IBM Commerce group. I've also consulted with the biggest brands on the planet while working with leading digital agencies like Tribal DDB and Digitas in all areas of marketing including loyalty and retention marketing.

      But much of the experience on which I'll base this book is made up of perhaps the coolest aspect of my current job at IBM. I'm what's called an evangelist, and my job is to help digital marketers be more successful every single day. I meet with more than 100 marketing groups every year and help solve their biggest challenges. Some days we're very focused on pure marketing tactics that we can accomplish using our technology; but more often it's a larger optimization and orchestration challenge that requires improvement across multiple groups.

      I've seen firsthand how the most progressive marketing teams continually reorient themselves around their customers. And the solution that works most often is simply to begin listening more closely to individuals – but also at scale. They pay attention to specific behaviors – sometimes as a stand-alone event, or in combination with other behaviors – and use the information they gather to segment their audiences into smaller and smaller groups. Once those groups are small enough to share major traits like buying propensity, they architect massively relevant communications and offers based on driving the desired outcome.

      It's a beautiful thing to watch as a trusted advisor – and this book's goal is to give you the insight necessary to integrate the exact same types of improvement into your own marketing effort. We're going to cover topics far and wide on behavioral marketing – from how to refactor each of your channels to be more behavioral driven down to how to become a Top 5 brand for your customers. We'll go deep on data capture, hygiene, and critical technology pieces needed to win in this emerging world. And we'll spend lots of time talking about staffing, retaining, and motivating a behavioral-marketing-optimized team.

      Why Behavioral Marketing?

      The basic reasons for thinking deeply about behavioral marketing are pretty straightforward: (1) it increases your orientation toward the customer; and (2) it requires you to think critically about the relevance and trust that each marketing interaction conveys. When we put ourselves in our customer's shoes through exercises like customer journey mapping and user-centered design, we are able to deliver personalized and relevant experiences. And when we orchestrate a great content strategy during the prepurchase process, we're building the trust necessary to close that big deal.

      Furthermore, because there's an entire spectrum of how deeply you can accept behavioral marketing into your marketing practice, you can spread your improvements over time and make measured, positive change. I talk all the time with our customers about scaling change into their marketing group. Being more behavioral driven doesn't mean you have to re-engineer every marketing practice on one random Tuesday. If you're an ecommerce operation, then figure out how to improve your cart abandon offer strategy while building new browse abandon automated programs. Improve your welcome campaign, but also do some heavy-duty testing of subject lines in the sale messages that go out to your largest audiences. Dialing improvements across all your campaigns will drive very real increases in your top-line revenue numbers.

      If you sell products or services directly to businesses, take an honest look at how well you work with sales. Do your nurture programs improve the recipient's understanding of the offering well enough to close more sales? Are you scoring interactions across the behavioral spectrum so you can inform a true funnel, from initial lead source all the way to conversion?

      If you're like many marketing groups and have both B2C and B2B in play, then think critically about the best-of-breed tactics you could deploy across all your audiences. Some of the most successful B2B programs I've seen have the personalization and strong visuals that are a hallmark of great consumer campaigns. And one of the most important tactics for building a trusted relationship with a consumer is a prepurchase content strategy that scores and ranks recipients throughout the process – exactly like a B2B marketer executes a traditional nurture program.

      The best reason to tackle behavioral marketing is that it's an incredibly scalable way to drive more revenue from your marketing efforts. You only have to make minimal changes to show strong revenue-growth potential that pays off even more as you add additional segmentation strategies and automated programs. You can bite off the concepts at almost any level and drive more sales. I'd encourage every marketer to think of behaviors as the new lens for how you look at your entire marketing effort.

      Definitions We Should Cover Upfront

      In working your way through this book, we're going to cover many behavioral-marketing-oriented ideas and program types. It's likely worth defining a few of these terms so the least experienced marketers reading this don't have to stop in the middle to Google phrases. If you've been in the game for more than three or four years, you can probably skip this section, but a refresher course might also be in order.

      So here's a selection of the key concepts I'll be referring to during the rest of the book:

      Audience segmentation: The process of splitting your list into many smaller lists based on secondary criteria such as email opens, purchases, or demographic elements.

      Automated programs: A setup-once, run-many-times program that sends one or more messages to users based on their behaviors, time in the program, or other measured variable.

      Best-friend brand: The process required to become one of the Top 5 trusted brands in your recipient's inbox.

      Browse abandon: An automated program that's often a single step and is based on someone visiting a specific site section or stockkeeping unit (SKU).

      Cart abandon: An automated program that normally is three steps (typically something like event +1 hour, +2 days, and +4 days) and based on someone placing an item in an online shopping cart but not purchasing it.

      Content strategy: The process of creating presale and postpurchase content (think whitepapers or shoe fitting guides) that provide product or company insights to the recipients, and drive a significant source of customer behaviors for the marketer to measure.

      Deliverability: The process of managing the delivery of mass email messaging to your recipients via Internet Services Providers (ISPs) like Google or Hotmail.

      Triggered message: A one-time automated message that's not sent as part of a multi-user campaign – think of an e-commerce purchase receipt.

      Net Promoter® Score: A scoring model in which you ask your recipients if they'd recommend your product or service to a friend, and the results are scored on a 1 to 10 scale.

      Web Tracking: The process of installing a unique JavaScript line of code to a website or app to identify known and anonymous users and track their behaviors. Beyond traditional web analytics, this tracking allows a marketer to build automated programs triggered by onsite behaviors, email-only behaviors, other channel behaviors, or a combination of all three.

      Behavioral Marketing Campaigns You've Seen in Everyday Life

The other very clear way to define behavioral marketing is to point to individual campaigns you've seen in your own inbox or customer experiences you've had with your favorite brands. Among the most common pure behavioral-driven email campaigns is the trusty cart abandon program. I'll tell the entire story around this example in Chapter 15, but Скачать книгу