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Digital Marketing Solutions Summit – Registration Open!

Registration is now open for the 2020 Digital Marketing Solutions Summit – claim your free place today!

Our Approach

Taking place on May 12th at the Hilton London Canary Wharf, the Digital Marketing Solutions Summit allows senior marketing professionals to share forward-thinking ideas, meet new partners and discover new ways to underpin their security strategies.

It’s entirely FREE for you to attend and your complimentary guest pass includes:

  • A bespoke itinerary of pre-arranged meetings with product and service providers who match your requirements and upcoming projects
  • Access to a series of seminars by industry thought-leaders
  • Networking with like-minded peers
  • Complimentary lunch and refreshments

How Do I Get Involved?

We have just 60 VIP tickets available, so register your free place today.

Hyper everything: How tech integration is changing customer communication

By Michael Wright, CEO, Striata 

A raft of new technologies, many of which are easily integrated into existing channels, are changing the way organisations communicate with their customers. 

Chatbots, voice integration, and dynamic (hyper-personalised) content, amongst others are at the forefront of this evolution. But organisations cannot simply implement these technologies and expect dramatic improvements in their customer communication efforts. 

Instead, they have to ensure that any new technologies are utilised in line with the broader goals of customer communication; that is, making communication as valuable to the customer as possible.   

AI and meeting customer needs

With any form of customer communication, the aim should always be to move with the customer through their stages of life and offer the customer appropriate services at each stage. 

So, for example, in the insurance world, a customer may start with renter’s insurance as a single person and move to homeowner’s insurance, car insurance and life insurance as their personal circumstances change. 

Here, artificial intelligence (AI) has an important role to play. In the customer communication space especially, AI-based systems are useful for predicting user behaviour and providing content based on that prediction to prompt the user’s next action.

Organisations are already seeing the value AI provides in this regard, integrating it into email, billing, and mobile payments, all of which contain forms of customer communication. 

AI is also driving the use of chatbots, which appear on websites and instant messaging services, as automated virtual assistants.  

Not only are chatbots useful for customer service,  but also for invoicing and payment collections.  

The rise of voice 

But good customer communication isn’t just about baking new technologies into existing channels. It also means embracing the technologies your customers are actually using. 

One example of this is voice recognition.  

By 2020, Gartner predicts that 30% of web browsing will occur without a screen. And 55% of American teenagers will use speech recognition, daily. 

It’s only natural, therefore, that customers will want to interact with organisations via voice. Any organisation that invests in integrating voice technology into its customer communications now stands to give itself that extra edge over its competitors.    

Micro-segmentation and hyper-personalisation 

If an organisation is going to integrate these technologies successfully, it needs to ensure that it couples them with real-time data to deliver more relevant content, product and service information to each user. 

The more information an organisation has on each customer, the more meaningful and valuable its communication will be. 

Broadly referred to as hyper-personalisation and micro-segmentation, this use of data means being able to provide content that is relevant on the day / month / life stage of that customer. It allows the company to provide information that improves the customer experience due to the very personal nature of the content. 

Moreover, hyper-personalisation is proven to build loyalty and trust, that ultimately makes customers more profitable. 

A dual approach

Putting the customer back in the centre of customer communication requires more than technology alone. Like the human-centred design approach (putting the customer at the core of the product design process), communication design should be too.

Asking customers directly what content they want to receive, when and how, is invaluable to the design process. This dual approach enables the organisation to combine preference and engagement data (technology), with input obtained directly from the people best suited to design the process: customers and employees (humans). 

By taking this integrated approach, organisations can ensure that they provide customers with the kind of communication they need and want. 

About the author – Michael Wright launched Striata in 1999.  A Chartered Accountant by profession, he started his career at PwC where he was responsible for Internet Strategy & Services and Business Information Services. The technology bug having firmly bit, he moved to VWV Interactive as Managing Director before founding Striata. He was the founder of the South African chapter of First Tuesday, the “Global Thought Leadership Network”. As Striata’s CEO, Wright is responsible for the company’s vision, mission and the business’ global expansion

Hyper everything: how tech integration is changing customer communication 

By Michael Wright, CEO, Striata 

UK-based Ometria raises $21m

Ometria, a London-based customer marketing platform for retailers, has closed a Series B funding round worth $21m.

The round was led by Octopus Ventures, with existing investors Sonae IM, Summit Action, Samos and Adjuvo, as well as ten early angel investors, making further investments.

Marieke Christmann from Octopus Ventures and Eduardo Piedade from Sonae IM will both join Ometria’s board.

Ometria says the funding will be used to accelerate its product development, expanding the platform’s retail marketing capabilities and AI-based technology for its 200 retailer clients.

The company says it was founded on the realisation that consumers will no longer tolerate the torrent of communication that has no relevance to what they are interested in. It says marketers need to take responsibility for the impact of every communication they send, and be empowered to ensure that every marketing experience they create for any customer is a positive one.

Ometria’s CEO and Founder Ivan Mazour said: “We’re all overloaded with information and communication, it’s relentless and must be addressed. Retail marketing has contributed heavily to this, with most marketing experiences being ones we simply don’t enjoy.

“I’m proud that Ometria solves this ever increasing problem for hundreds of retailers, and hundreds of millions of customers. I’m incredibly excited that Octopus Ventures has partnered with us to help even more retailers make sure that their customers have marketing experiences they truly love.”

Image by TheDigitalWay from Pixabay

IPA Bellwether reports UK digital ad budgets rise

The Institute of Practitioners in Advertising’s (IPA) Bellwether reports marketeers have revised their budgets upwards in the first quarter of 2017, the highest level recorded in almost a decade.

Some 26.1 per cent of those companies polled remain positive about 2017/18 budgets, signalling growth for the coming year,  while 11.8 per cent of companies said that marketing budgets would increase during the first quarter of 2017.

32 per cent of those companies polled also reported improvement in the financial pipeline, compared to 19 per cent that predicted things would be worse during the quarter.

The IPA reported marketers on tighter budgets are seeing greater value from digital and positioning ad spend accordingly, mostly as a direct result of the unknown effects of Brexit negotiations and wider economic uncertainty.

However, despite a positive outlook for digital ad spends in 2017, the IPA predicts stagnation materialising in 2018, with marketers being advised by experts to proceed with caution.

Speaking about the report, the IPA’s director general Paul Bainsfair said: “The election result has thrown further uncertainty into an already volatile environment.

“It is inevitable that this has had a knock-on effect on UK. Specifically, for marketers this has meant a desire, where possible, to seek out more activation driven advertising. As evidenced strongly in this latest Bellwether Report, this has resulted in a further move towards advertising in the digital space.”