OK, retailers, if you've been gathering reams of online and offline data about your prospects and customers, it's time to use it to wrap up a holiday sales gift to yourselves. How? A recent MarketingProfs article suggests three tips for using "big data" to deliver a merrier holiday season to e-commerce and brick-and-mortar merchants. No. 1: Combine customer profiles and buying/shopping histories with real-time situational data (location, time/seasonality, limited-time offers, remaining inventory, etc.) and apply that data across devices and channels for more targeted, personalized and relevant promotions in real time (in-store mobile ads, for example). No. 2: Retarget site abandoners with video ads, which drive more engagement than display ads and e-mails--and use data to make sure videos are relevant and timed to the customers' buying cycle. No. 3: Don't stop with customer acquisition. Deliver multi-channel welcoming experiences to new customers for retention, cross-sell and upsell to keep sales flowing into the New Year. For specific implementation ideas, see the article at http://www.marketingprofs.com/articles/2013/11924/how-to-harness-big-data-for-better-holiday-shopping-experiences
David Kanter, President and CEO of AccuList, is a list brokerage and direct marketing expert. For more than 30 years, he has helped companies and nonprofit organizations achieve their marketing goals. With David's Direct Marketing Forum, he shares, and invites others to share, helpful direct-marketing industry news, trends, analyses, resources, and tips for success. Please read our Comment Policy.
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