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Data-Driven Personalization Yields 3x Uplift: Qubit Study

October 16, 2017
Surveys are nice but how about some real data on personalization’s value? The folks at ecommerce personalization vendor Qubit analyzed two billion customer journeys and 120 million purchases to find what worked. They found messages that highlight low-stock items, trending products, and time limits were most effective. Product recommendations were less so. But the main news is that messages driven by individual-level behaviors and preferences were three times more effective than non-targeted messages. Fascinating.
CDPI Newsletter

Womply Adds Automated Email Marketing for Small Businesses

October 13, 2017
Not every retailer has the resources to design targeted marketing campaigns. Womply is there to help with an email marketing engine that automatically sends welcome, winback, loyalty, and survey campaigns. Womply captures credit card transactions to build a customer database, which it then leverages for analytics and marketing. It also provides small retailers with other online marketing services including directory listings, advertising, and reputation management.
CDPI Newsletter

Kroger Launches Marketing Network to Target Its Customers

October 13, 2017
As if the marketing landscape weren’t confusing enough, grocery giant Kroger has created 84.51°, an agency that runs marketing programs for packaged goods manufacturers wanting to reach 60 million Kroger-buying households. Channels include in-store advertising, co-branded Web advertising, and a private social network for Kroger’s most engaged customers. Are retailer-based marketing networks the next big thing?
CDPI Newsletter

Marketers See Promise in AI But Remain Skeptical: Forrester Report for Amplero

October 12, 2017
What’s that? You just can’t read enough about artificial intelligence? Ok, then here’s more: a very good Forrester study, sponsored by Amplero. General finding was marketers see AI as helping overcome otherwise-unmanageable data volumes. But attitudes are mixed: while 86% believe AI can provide value, 78% think human intervention is necessary to guide AI, 42% fear AI could make their job irrelevant, and 36% don’t think AI in marketing is “currently real”.
CDPI Newsletter

LinkedIn Leverages Its Data with New Partner Integrations

October 11, 2017
When Microsoft paid $26 billion for LinkedIn last year, the possibilities for leveraging LinkedIn data seemed endless. Yesterday the company filled in some of the details with product announcements including CRM data validation and integration of Sales Navigator with LinkedIn advertising campaigns and nearly two dozen business intelligence, marketing automation, sales acceleration and other vendors.  While Microsoft had already integrated Sales Navigator with its own Dynamics CRM, these announcements make clear that competitive products won’t be frozen out.
CDPI Newsletter

Cross-Channel Identity Resolution Critical for Marketing Measurement: LiveRamp Study.

October 11, 2017
Switching to consumer data integration, we have a very interesting study from cross-device identity vendor LiveRamp about how marketers are using individual-level identity resolution to better measure performance. Nearly everyone (94%) said cross-media identity resolution is needed to accurately assess marketing performance, while just 21% had people-based measurement in place. Almost half (42%) didn’t know how to get started. Other interesting data too.
CDPI Newsletter