Many executives nowadays often use the term big data as a buzzword. But unlike other empty buzzwords that make people sound smart, this term is actually changing the way people do business. In fact, more and more aspects of business operations are now data-driven, and...
Marketing
Recent Articles
4 reasons why you must use big data for sales prospecting
With the continuous progress in data science, there is a huge opportunity for sales managers to achieve new insights on how to increase sales, have more satisfied customers who return again and again. But, one obstacle many organizations face is learning how to...
Big data – 5 ideas to help your sales team see results in a week
Big Data has already started influencing the way we perform our everyday functions. Today’s consumers are dealing with tons of information when they set out to search for a product on the web. Big Data has already started impacting the way these consumers find and buy...
How AI is dominating the marketing? 5 real time observations
Watson, IBM’s artificial intelligence platform, is loquacious: it tells jokes, answer the questions and write songs as well. Google’s AI platform can read lips better than a professional do, and it is capable enough to master video games within a short period. MIT’s...
The hidden advantages data-driven sales teams have
Data. It’s something sales teams love and hate. Although it can be used effectively to boost sales and assists you in meeting your targets and goals, it’s a time-consuming process to sift through large quantities of it, and it can even seem daunting to some teams even...
3 reasons why it’s crucial for brands to introduce machine learning into their marketing
Every so often, a story ripples through the media along the lines of “Scientists say a ‘smart pill’ is just over the horizon to make us immediately more intelligent.” While there is no telling when we will actually see such a pill, there’s a metaphorical “smart pill”...
Top 12 essential analytics tools every marketeer should know
If you're spending money on digital marketing, analyzing your data should be a top priority. You need to know where that money's being spent, and whether it's having the effect you're looking for. Thankfully, there are plenty of apps out there that can help you get...
Unlocking the power of personal data: Automation & Smart Marketing
Companies are learning how to unlock the value of their customers’ personal data through the use of tools like chatbots and interactive customer service experiences, personalized recommendations, and customized credit offers. From corporate offices to hospital...
Best practices for Marketing – How to take advantage of data
As big data is starting to feel comfortable, there has never been a better time to sink your teeth into the numbers. In case you're asking "What's the difference between regular data and big data?", here it is: "Big data" is a term used for the massive amounts of data...
Smart video marketers now use big data to beat the competition
It's always special in the business world when two massive solutions collide. Huge brands are getting excited because they know video marketing and big data go so well together. It's no surprise videos are becoming a lot more mainstream since big data has begun to...
Benefits and opportunities of digital personalization for marketers
Nowadays, more and more digital marketers are adopting a personalized approach for reaching their customers. They look to addresses individual concerns and start an email campaign with a personal tone. Before you do the same, it's best to know the benefits and...
Visual content and social media: A perfect match for marketeers
In just a few short years, the Internet has come along to change virtually everything we know about the way human beings communicate with one another. Take the social media phenomenon, for example. As of today, 52% of adults in the United States have a social media...
Debunking five digital marketing myths around Big Data
Have you ever noticed that some companies make the wrong decisions when it comes to digital marketing strategies? Even in this age of digitalization? Surprisingly, it isn’t because of their lack of resources, opportunities or manpower. But, they fail. The result?...
How B2B ecosystems (Big) Data can transform Sales and Marketing practices
Managing your relationships with customers, suppliers, and partners and constantly improving their experience is a proven way to build a sustainable and profitable business, and contrary to popular assumption, this doesn’t apply to B2C businesses only. With 89% of B2B...
What are Microservices in Digital Transformation?
Today’s organizations are feeling the fear of becoming dinosaur every day. New disrupters are coming into your industry and turning everything upside down. Customers are more demanding than ever and will abandon the service that is too slow to respond. Everything is...
7 ways workforce analytics increases productivity & sales- Infographic
This infographic will showcase 7 ways workforce analytics will increase productivity and sales. Enjoy!!
Why big data is crucial for your IRL marketing
Gathering and analyzing data is important for everything you do. It’s game changing. It is especially important when you're trying to branch out. Plotting out your marketing, determining who is listening, and how you can reach them is vital for any sort of effective...
Fail fast approach to digital transformation
Digital Transformation is changing the way customers think & demand new products or services. Today Bank accounts are opened online, Insurance claims are filed online, patient’s health is monitored online while buying things online is the thing of past. Everything...
How to discover hidden value in your customer journey
The world of business and customer service has changed immensely over the past few years. Whereas once business was largely driven by outbound marketing and advertising, in today’s world you have to consider the customer experience and your customers’ journey as they...
Will it remain an obsession the title of your connected business card?
Many years ago I thought the business cards were condemned to disappear, then I decided to start making my own private collection, not for the future economic value that could reach, but for the sentimental value that would provide me over the years. Of all the...
10 amazing facts about personalization and data [Infographic]
Personalization is the practice of dynamically tailoring a service or a product to the wants and needs of each user/customer. It is commonly used to enhance customer service and is sometimes referred to as one-to-one marketing. It is a key element in all recommender...
Product recommendations in Digital Age!
By 1994 the web has come to our doors bringing the power of the online world at our doorsteps. Suddenly there was a way to buy things directly and efficiently online. Then came eBay and Amazon in 1995....... Amazon started as bookstore and eBay as the marketplace for...
The deep learning robot that recognizes your face
Robots are becoming more human-like faster than ever, thanks to the advances in Artificial Intelligence, especially deep learning. Take, for example, this recent blog release from Google where a team of researchers has been developing a mechanism for training a robot...
How powerful big data insights will transform your conversions
In today's world, the field of marketing has become irrevocably intertwined with technology and all of its advances. The multitude of new tools and methodologies constantly coming onto the market mean that marketers always have new ways in which to reach customers,...
Why you need to stop talking about offline and online customer experiences
Regardless of industry, customer experience is key to business growth and success. It’s simple: unhappy customers leave and happy ones not only stay, they tell their friends about your company. The Gartner 2015-16 CMO Spend Survey found that 52% of marketers rank...
Top 10 tools market researchers should explore
Nowadays there is a great variety of different useful tools for market researchers that are free and open for usage. Today you can use such instruments to enhance your business and significantly improve the effectiveness of your work. Leaving you a chance to waste...
What makes exceptional customer service (and how to get everyone talking about it)
How much time do you think about the current state of customer service at your company? Do you know what you’re doing right—and what you’re doing wrong? Most importantly, do you have a process to improve what might be lacking? If you’re not spending time on your...
Why multi-touch attribution is critical to calculate marketing ROI
Datalicious analyzed 702 million media touch points across 104 million purchase paths and 75 thousand conversions across 5 months and 7 brands using multi- touch attribution approach. The objective of this study is to understand how key marketing channels performed...
How you can improve customer experience with fast data analytics
In today’s constantly connected world, customers expect more than ever before from the companies they do business with. With the emergence of big data, businesses have been able to better meet and exceed customer expectations thanks to analytics and data science....
Choice and the new consumer: Article 2 in a series of 5
In my last post, we talked about the growing importance of two concepts that are radically changing consumer marketing practices: The Choice Equation and the Influence Mix. The influence mix { D = f(P+M+O)}, captures the forces behind a consumer purchase decision by...
A report on the NPS Maturity of India Insurers – Infographic
Gauging customer loyalty is directly correlated with a company’s revenue growth. In an era where insurance companies are continuously looking out for the perfect customer feedback metric, integrating the Net Promoter Score program with their business processes assures...
Customer satisfaction is good, but Net Promoter Score drives the action!
Possibly one of the oldest and surest ways of knowing if your customers are happy with you is to simply ask them. Customers more often than not, are keen to share their point of view, and for a long time, customer satisfaction surveys were the most oft leveraged...
Filtering big data through effective CRM for bigger real estate results
Big Data is affecting sales and marketing in every industry, so it is no surprise that it is being analyzed, packaged and sold to real estate professionals in ways they can use in real time to drive success. These include providing them with information such as: Who...
5 ways how social media data can boost customer retention for insurers
Everyone has been talking about how social data can help them retain customers and improve revenues and increase profit and get more customer and get more revenue and … you get the point. But has any Insurer been able to actually leverage social to do all of this? At...
Improve customer experience via big data-social media synthesis
“Your customer doesn’t care how much you know until they know how much you care” - Damon Richards Customer experience is more significant than ever – in fact, according to Aspect, more than 60% of marketers agree that the importance of consumer experience has risen....
Mobile first strategy for digital transformation!!
Today we live in “always on, always connected” world, and use mobile for almost everything. On our smartphone we get answers to so many questions like “I am hungry, where can I quickly grab a bite”, “it’s time to buy a new car, which model & dealer I should go for”,...
How data bonds sales and marketing together
So far in 2016, we’ve heard a lot about Big Data, the Internet of Things, and the hottest new marketing technique on the block: ‘hyper-personalised’ marketing. Marketers are increasingly interested in focusing their efforts on individuals, not database segments...
Four ways big data potential can detangle customer service conundrums
The most happening thing in the world of technology – ‘Big Data’ is emerging as a business opportunity and providing solutions to some of the toughest challenges faced in the business qualm. Data driven solutions stemming out of the big data world are enabling...
How big data analytics can save your brand
Big data has always existed, but it’s real value for brands become apparent in the digital age due to the increased computational capability for processing data. Although a lot of suggestions have been made and frameworks developed to show brands how they can achieve...
Net promoter score pitfalls to avoid
Net Promoter Score or NPS can be a tricky process to get right. There are many parameters that impact the execution and efficiency of the process. Even after the survey is concluded, it is paramount to close loop with the customer. In this infographic we highlight a...
96% of companies are failing when it comes to marketing data insights – Report
At a time in our history when there is more data than ever before, the overwhelming majority of companies have yet to see the full potential of better data insights. PwC and Iron Mountain recently released a survey on how well companies are gaining value from...
6 amazing big data analysis tricks to get more customers
Do you hold all the aces for running your business on successful trek? Enlisting to the names of blue chip companies requires breaking your back. If you miss it, your business will have to go back to the wall. But accurate analysis can cross the bridge of losses when...
Personalization: Just do it. But don’t overdo it
We, as customers have always wanted personalized services, whether we are buying something from a store or checking into a hotel for a stay. Services that satisfy our unique taste would make our life easier and save a lot of time. Apparently, companies have begun to...
Interview with ChiefMartec’s Scott Brinker on marketing technology
Can you tell us a little bit about your career path, and what lead you to become a marketing technologist? Honestly, serendipity. I started my career as a software engineer, programming multi-player games. After that, for a number of years, I was the head of...
5 ways to drive customers through your marketing funnel
The power of market funneling allows you to do more with your pre-existing traffic. Not sure what I’m talking about? Essentially, a marketing funnel is the path you’d like your visitors to take through your site, ultimately resulting in a conversion of some sort. No...
The minimalist guide to Google Analytics
Google Analytics is a powerful tool, but it is too difficult to learn as there are lot of features in it. This is the common misconception that most people have while getting started in Google Analytics. Google Analytics is not as difficult as you think. In this post,...
Why bad data is wasting your marketing efforts
The amount of money spent on marketing is growing, and the way we spend is changing. The statistics that prove this are plentiful and becoming more convincing as the years go by. Here are two very compelling examples: By 2016, we expect the amount of money spent on...
Making sense of big data – Interview with Marketing Technologist Glenn Gow
Give us a short introduction about you. I am the CEO of Crimson Marketing, an author, a speaker, and an advisory board member. I am also the podcast host for money ball for marketing. I have been a marketing professional for over 25 years and have helped companies...
Three ways data-driven marketing drives higher ROI
At the heart of good marketing is data. And when data drives your marketing, the average return on investment (ROI) is a whopping 224%! (VB Insight) VB Insight surveyed over 3,000 marketers and looked at tools used on over 3 million websites. Even small improvements...
Learn Market Basket Analysis and Recommendation Engines using real examples
A market basket analysis or recommendation engine [1] is what is behind all these recommendations we get when we go shopping online or whenever we receive targeted advertising. The underlying engine collects information about people’s habits and knows that if people...