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Panel Discussion: "How Retailers & Consumer Product Brands Are Collaborating to Drive Business...

Date post: 16-Jul-2015
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How Retailers & Consumer Product Brands Are Collaborating to Drive Business Results With Audience Data
Transcript
Page 1: Panel Discussion: "How Retailers & Consumer Product Brands Are Collaborating to Drive Business Results With Audience Data"

How Retailers &

Consumer Product

Brands Are

Collaborating to Drive

Business Results

With Audience Data

Page 2: Panel Discussion: "How Retailers & Consumer Product Brands Are Collaborating to Drive Business Results With Audience Data"

Kevin Lyons, SVP & GM of eCommerce, H.H. Gregg @hhgregg Tim Trus, Associate Partner Media Strategy Paid, Owned & Earned Media, Rosetta @RosettaMktg Moderator: Bob Scaglione, SVP, Strategic Channel Development at OwnerIQ @OwnerIQ

Page 3: Panel Discussion: "How Retailers & Consumer Product Brands Are Collaborating to Drive Business Results With Audience Data"

COMMON FORMS OF DATA TARGETING

1st party data Use of advertiser’s own

cookie pool to “re-market”

or “re-target” visitors once

they go to their e-

commerce website.

3rd party data Purchasing packaged

audience segments from

3rd party data aggregators.

Page 4: Panel Discussion: "How Retailers & Consumer Product Brands Are Collaborating to Drive Business Results With Audience Data"

A NEW FORM OF DATA TARGETING

“Content Marketers Share

Data With Other Brands To

Close The Loop From Interest

To Sales Second-Party Data.”

“Second-Party Data provides

more reach than First-Party

And More Granularity Than

Third Party.”

Source: Ryan Skinner, Sr. Analyst, Forrester, Nov 2014 “Content Marketers Share Data With Other Brands To Close The Loop from Interest to Sales”

Page 5: Panel Discussion: "How Retailers & Consumer Product Brands Are Collaborating to Drive Business Results With Audience Data"

PAST OBSTACLES TO ENABLE USAGE OF

SECOND –PARTY DATA

Common Objections:

“How can I be assured my data won’t be used by competitors?”

“I can’t get the right stakeholders in at my company in the room to agree to this.”

“I don’t want to give up control of my data.”

“I don’t see the value in the amount of effort I have to put in”

“This doesn’t seem scalable.”

Page 6: Panel Discussion: "How Retailers & Consumer Product Brands Are Collaborating to Drive Business Results With Audience Data"

HOW CAN RETAILERS AND BRANDS TODAY TAKE ADVANDTAGE OF THIS AND REACH THEIR

SHOPPERS?

Page 7: Panel Discussion: "How Retailers & Consumer Product Brands Are Collaborating to Drive Business Results With Audience Data"

“…New form of co-operation

emerging between retailers and

brands.”

“…doesn’t involve the exchange of

marketing budgets per se, but

consumer targeting data.”

Retailers and their suppliers are leading the way!

Page 8: Panel Discussion: "How Retailers & Consumer Product Brands Are Collaborating to Drive Business Results With Audience Data"

A SHOPPER’S PATH TO PURCHASE IS NOW ONLINE

Search Engines: 62% of consumers use search engines for product research*

Manufacturer sites: 60% of consumers use manufacturer sites for research*

Retailer sites: 57% of consumers use retailer sites for product research*

Page 9: Panel Discussion: "How Retailers & Consumer Product Brands Are Collaborating to Drive Business Results With Audience Data"

A SHOPPER’S PATH TO PURCHASE: RESEARCH

%

NEARLY

50

Page 10: Panel Discussion: "How Retailers & Consumer Product Brands Are Collaborating to Drive Business Results With Audience Data"

THE CONSUMER’S PATH TO PURCHASE:

Shopper browses products on a manufacturer’s website

After she leaves, she is served your co-branded ad as she travels the web

The ad drives her to your site or store to make a purchase

2 1 3

Page 11: Panel Discussion: "How Retailers & Consumer Product Brands Are Collaborating to Drive Business Results With Audience Data"

THE DIGTAL CONNECTER BETWEEN RETAILERS AND PRODUCT BRANDS IS AUDIENCE DATA. .

Target specific product brand audiences Support co-op initiatives Drive sell-through at retail

Page 12: Panel Discussion: "How Retailers & Consumer Product Brands Are Collaborating to Drive Business Results With Audience Data"

POWERED BY YOUR BRANDS

Page 13: Panel Discussion: "How Retailers & Consumer Product Brands Are Collaborating to Drive Business Results With Audience Data"

POWERED BY YOUR BRANDS

Page 14: Panel Discussion: "How Retailers & Consumer Product Brands Are Collaborating to Drive Business Results With Audience Data"

OwnerIQ sits at the intersection of commerce… where retailers and manufacturers meet. SU

Success transforming brands into new marketing channels:

Page 15: Panel Discussion: "How Retailers & Consumer Product Brands Are Collaborating to Drive Business Results With Audience Data"

PROGRAMMATIC DELIVERS…

Programmatic, or automated media buying, enables marketer to reach that retailer shopper online with 100% accuracy.

Page 16: Panel Discussion: "How Retailers & Consumer Product Brands Are Collaborating to Drive Business Results With Audience Data"

LG HDTV GIVEAWAY

Page 17: Panel Discussion: "How Retailers & Consumer Product Brands Are Collaborating to Drive Business Results With Audience Data"

QUESTIONS & ANSWERS FROM PANELISTS


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