Using database marketing to drive new revenue growth 2015 PNA Advertising Conference Valley Forge, PA | September 23-25 Business applications for data-driven marketing Transform raw data into customer intelligence to drive business decisions Drive new subscription acquisition in the most cost-effective manner Achieve meaningful growth in digital audience activation Promote long-term loyalty and brand affinity through relevant engagement Reduce operational expense through more cost-effective marketing Generate new revenue through modeling, segmentation and targeting Business applications for data-driven marketing Transform raw data into customer intelligence to drive business decisions Drive new subscription acquisition in the most cost-effective manner Achieve meaningful growth in digital audience activation Promote long-term loyalty and brand affinity through relevant engagement Reduce operational expense through more cost-effective marketing Generate new revenue through modeling, segmentation and targeting Intelligent-marketing infrastructure Address ? Demographics Audience Database Deals Contest Lifestyle Data Subscribers Newsletters Newsmedia companies operate from a position of competitive advantage in their ability to connect buyers and sellers in the local marketplace Process-Driven Approach Needs Assessment >> Needs Fulfillment Needs Assessment Needs Assessment Key Questions: Who are your customers today? Where are they located and what is your primary market? Who are your ideal customers? What do they like? Where can we find your best prospective customers? How can we reach them most effectively? Can you provide us with any customer data (NDA)? Needs Assessment Key Questions: Who are your customers today? Where are they located and what is your primary market? Who are your ideal customers? What do they like? Where can we find your best prospective customers? How can we reach them most effectively? Can you provide us with any customer data (NDA)? Needs Assessment Data Append Data Append Intelligent-marketing infrastructure Address ? Demographics Audience Database Deals Contest Lifestyle Data Subscribers Newsletters Intelligent-marketing infrastructure Address Merchant Data Demographics Audience Database Deals Contest Lifestyle Data Subscribers Newsletters Client data (in raw form) Mary Smith 40 Cove Road Stonington, CT 06371 Modeled data (enriched form) 44 years old HH Income > $150,000 Homeowner Married with 2 children (8 and 12) Six daily deals Purchases since 2011 Two-week vacation every July since 2009 Signed up for mobile breaking news alerts Registered for weekly Wine & Dine e-newsletter Reads Grace and Sound & Country magazines online Scores high for Online Purchasing Interest in Community Acxiom Lifestage: 15M – Mature Wealth Twelve activations on rewards site since 2012 Registered on website Interest in Home Decor Active MondaySunday subscriber msmith123@gmail.com Mary Smith 40 Cove Road Stonington, CT 06371 $780.16 in Consumer Revenues since 2009 Needs Assessment Data Append Demographics Analysis Demographics Analysis Demographics Analysis Needs Assessment Data Append Demographics Analysis Segmentation Modeling Demographics Analysis Code Segment Name Households in Market Active Customer of Advertiser Index Potential Customer of Advertiser Index 01 Summit Estates 553 41 253 582 235 02 Established Elite 129 10 267 128 224 05 Sitting Pretty 9,691 317 112 8,398 194 07 Lavish Lifestyles 15,052 629 143 12,648 188 09 Platinum Oldies 11,858 290 83 9,514 179 06 Shooting Stars 1,368 48 120 971 159 10 Hard Chargers 282 17 206 198 157 03 Corporate Clout 363 41 386 241 148 14 Career Centered Singles 6,969 72 35 4,181 134 18 Married Sophisticates 964 31 110 538 125 47,228 1,496 109 37,401 177 84,008 2,348 95 21,360 57 131,236 3,844 100 58,761 100 Prime Segments Rest of Market Total Market There are 37,401 prospects found among 10 demographic segments that represent the most profitable customers for this advertiser Mediamark Research, Inc. Copyright 2011, The Nielsen Company Needs Assessment Data Append Demographics Analysis Segmentation Modeling Needs Fulfillment Johnson & Flick Tire and Auto Service Center CASE STUDY What audience do you want to reach? • Who are your targets? • What are they like? • Income, shopping behaviors, media behaviors • How old and what generation they belong? – Boomers think differently than Millennial • Where can you find them? – State, County, City, Zip Code, Household • How do you reach them? • What do they think? – Customized Online Marketing Intelligence! GOAL: Find prospects you don’t serve! A peak at the toolkit to sell audience… •Postal Certified CDS HH Data •Acxiom Demographics 2015 •PersonicX Segment Clusters •Subscriber/Non Subscriber Data A peak at the toolkit to sell audience… •Postal Certified CDS HH Data •Acxiom Demographics 2015 •PersonicX Segment Clusters •Subscriber/Non Subscriber Data •2013/2014 Moore Research Market Study •R.L. Polk Automotive Data •AdMall Sales Intelligence •Erie County Voter Registration Records •Civic Science Polling •RAM (Research and Analysis of Media) •Nielsen Business Data •Buzzboard •Vendasta Source: AcXiom PersonicX, 2014 “Who are your targets?” Average Income: $100,000+ Occupation: Professional/Technical Tenure: Homeowner Age: 25 to 54 Marital Status: Married Home Value: $100,000 + HH Comp: Kids in HH Education: College/Grad School Source: AcXiom PersonicX, 2014 “What are they like?” SKYBOXES & SUBURBANS ETN Index:174 Customer Index:250 MEAN AGE: 49.6 Skyboxes & Suburbans is one of the best-educated and wealthiest clusters. These wealthy families shop at upscale stores, spend time feathering their nest and adhere to regular fitness programs. FORTUNES & FAMILIES MAGAZINES/NEWSPAPERS: Real Simple Consumer Reports NY Times Sunday Newspaper Airline Magazines Business/Finance Magazines Shape WEALTHY FINANCIAL/INSURANCE: Heavy Investment Activity Second Mortgage Online banking 529 Plan (College Savings Plan) Contribute $100+ to Public Broadcasting SUBURBS & TOWNS COMPUTERS/ONLINE: Personal or Business Travel Plans Business/News Web Sites Movie Times Download Music MapQuest Childcare MLB Heavy Internet shopper “What are they like?” SUMMIT ESTATES ETN Index:169 Customer Index:239 MEAN AGE: 49.9 Summit Estates is the wealthiest of all PersonicX clusters. In every sense, these families are enjoying the good life — luxury travel, entertainment and consumption of every kind are within easy reach. FORTUNES & FAMILIES ACTIVITIES: Downhill Skiing Barbecuing Charitable Organizations Go to the Beach Business Clubs WEALTHY FINANCIAL/INSURANCE: Life Insurance: $150,000+ Securities: $150,000+ American Express Home Equity Line of Credit Mutual Funds Credit Card $2,001+ per Month CITY & SURROUNDS COMPUTERS/ONLINE: Trade Stocks, Bonds, Mutual Funds Make Business/Personal Travel Plans Obtain Information About Real Estate Apple Users News Web Sites Disney “What are they like?” HARD CHARGERS ETN Index: 172 Customer Index: 220 MEAN AGE: 37.2 Hard Chargers is dominated by well-educated and professionally successful singles. They are almost homeowners in a mix of houses and condominiums. Cash & Careers ACTIVITIES: Gambling in Vegas Rock Music Performances Bicycling Fantasy Sports Leagues Bars Jogging and Running Affluent FINANCIAL/INSURANCE: Capital One Investment Real Estate Banking by Internet Personal Loan Life insurance from Work Give to Charity CPA for Taxes Suburbs & Towns COMPUTERS/ONLINE: CNN CNET ABC Watch On-Line Video Gather Real Estate Information “What are they like?” ETN Index:114 FUN & GAMES Customer Index:205 MEAN AGE: 50.6 Fun & Games is a mix of couples in their mid 40s to mid 50s, living in outer suburbs and towns. Married and childless, these upper-middle income homeowners work in a mix of white-collar and blue-collar fields. Our Turn SHOPPING: Hardware Stores Video Rental Grocery Stores Wawa Auto Parts Stores Pet Stores Upper-Middle FINANCIAL/INSURANCE: Mutual Funds Home Equity Line of Credit Own Company Stock Chase/Bank One Credit Card 401(k) Auto Insurance On 3+ Cars Suburbs & Towns MAGAZINES/NEWSPAPERS: Time Rolling Stone Woman’s World Sports Illustrated Ladies Home Journal “What are they like?” ESTABLISHED ELITE ETN Index:191 Customer Index 202 MEAN AGE: 57.4 Established Elite represents America’s elite couples and singles. With no school-age children at home and the highest incomes in the country, these households have enormous disposable incomes and pursue correlating luxuries and activities. MATURE WEALTH SHOPPING: Trader Joe’s Nordstrom Ann Taylor Crate & Barrel Internet Barnes and Noble Independent Jewelry Stores WEALTHY MAGAZINES/NEWSPAPERS: The New York Times Money NNN Top 10 Time Travel + Leisure The Sunday Newspaper CITY & SURROUNDS COMPUTERS/ONLINE: Tracked Investments/Traded Stocks NYTIMES CNN Wireless Connection Googlemaps Travel Planning Apple Computer API Customer Zips MPI Prospect Zips Zip Strategy Zip Strategy Zip Strategy Decisions are made before entering through a door. When purchase decisions are made by consumers.. 120% 100% 17% 17% 83% 83% 2012 2013 25% 80% 40% 60% 40% 75% 60% 20% 0% 2010 2011 Before opening Door In-Door Is Your Facebook Page Driving Results? • Facebook has become the most powerful direct marketing tool available • Most companies do not know how to manage Facebook Marketing and drive results • We can help you add the right strategy, tools, tactics adds and content to your current effort • We are expert at serving all types of marketers: • Do it myself • Need a little help • Take it over and do it for me • Let us show you how to increase your sales and other business results Audience Opportunities: • • • • • Display Branding Program Geo Targeted Insert Program Event Opportunity Local Digital Search Targeted Impressions (Mobile) sold Google My Business Google My Business (GMB) allows businesses to connect customers with information when and where they are looking for it. Is your business showing up in search with the correct information? Our Google My Business package offers an easy way to make sure your listing shows up properly in Google. Your GMB listing shows up when customers look for you in Google Search, Google Maps, and Google +. Package includes: • Claiming and verifying your Google My Business account • Long-term fully optimized listings • 10 geotagged photos • Monthly citation clean-up and building • On-site optimization including keywords, images and video • Monthly keyword research and performance tracking • Monthly review of your business against your competitor • Monthly focus report to show custom strategy based on specific needs • Monthly reporting to show the progress made $375/month 12-month commitment High competition businesses (like lawyers, auto dealers) start at $525/month Recommendation: • Direct Effect Level 1• (2) 2x5 or 3x3 color ads/week + 50,000 mobile impressions - $13,000 • Google My Business - $4,500 • Quarterly Inserts - $6,400 • Varsity Cup Sponsor - $999 Total Investment $24,899 Thank You! Dan Williams Bill Dietz LEAP Media Solutions Chief Executive Officer daniel.williams@leapmediasolutions.com Raleigh, NC | (860) 710.5942 Erie Times-News Advertising Database Marketing Manager bill.dietzjr@timesnews.com Erie, PA | (814) 870-1630