Title: Mike Higgins COO August 25, 2004
1Mike HigginsCOOAugust 25, 2004
2Putting Data to Work at MNGI
- Two Examples
- Leveraging Event Driven Email to Automate the
renewal of classified advertising - Leveraging Scenario Management to drive greater
conversion from the On Line Channels
3Automating Classified Advertising Renewal
- Summary
- Leveraging event driven email, MNGI has automated
the upgrading and renewal of classified
advertising - Tested at LANG commencing 3/04.
- Create call priority
- Better utilize call center reps time
- Over 1200 new orders placed each day
- Focus on outbound calling
- Process
- Order received at call center. Email address is
collected - Batch confirmations sent each night
- 3 days prior to expiration renewal notice is sent
- All inquiries are routed to sales representative
that took original order
4Automating Classified Advertising Renewal
- Goals
- Greater efficiency from call center reps
- Make every customer interaction an opportunity to
sell - Build more robust email list of customers
- Collected at all contact points
- Averaging 25 at call center
- Platform to redirect customers to on line
channels - Email templates link throughout websites
- Cross Sell and Up Sell opportunities
- Upgrade options
- Renewal
- Subscription offer to new customers
5The Confirmation Message
Confirmation of date
Ad copy
Upsell
Click to upgrade
6The Renewal Notice
Expiration reminder
Click to renew
Ad copy
Upsell
Click to upgrade
Survey
7Survey
Submit Survey
Subscribe to Paper
8The Results
- The emails deliver results
- Created strong incentive for gathering email data
- 89 of all Confirmations are opened the day they
are received - 15 upgrade
- 64 of reminders are opened
- 21 renew
- Recruitment is strongest category for renewal
- 8 upgrade along with their renewal
- The campaign is being rolled out to the balance
of the properties
9Leveraging Real Time Data To Drive Higher
Conversions
- Developing database marketing and scenario
management infrastructure - 2 year plan to leverage the data we collect every
day and put it to use - Omniture is only the beginning
- Collects data in arrears
- Stats oriented
- Scenarios
- Drive content and advertisements based on
historical and real time data - 11 sales and marketing
- Cross sell and up sell opportunities
- The necessity
- Meet the needs of the more sophisticated
advertiser - The vanishing mass market
- Micro niche marketing
- CPM-CPC-CPL
- What could possibly be next?
10The Scenario Management Platform Is Powerful
- Allows BUSINESS USERS to drive the relationship
with customers. - Better understand customer base
- User profiling based on activities
- Gather hard data on site usage and campaign
effectiveness - Abandonment, conversions, color and scheme,
content, photos, response - Deliver content tuned to customers interests
- Reduce steps to what you are looking for
- Predict user events and react strategically
- What advertisers crave
- Allows user to customize settings and therefore
their experience - See relevant content quickly and easily
Improved customer loyalty drives revenue
11How does Scenario Management work?
- Scenarios match content to the user based on
business rules. - Business rules are developed from the data
- Implicit/explicit
12Explicit Vs. Implicit Data
- Explicit information is that which the user
provides you - Registration data
- Profile preferences
- Survey responses
- Implicit information is that which you glean from
tracking usage and behavior - What pages are visited most?
- What content or type of content is viewed most?
- Registered users build their profiles through
both explicit AND implicit data
13Explicit Vs. Implicit (continued)
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Broncos Index
14Scenario Modeling
15Business Goals and Objectives
- Customer Acquisition
- New users/segments both online and print
- More traffic
- Customer Retention
- Increase frequency of loyal audience
- Repeat business, users, segments
- Cost Reduction
- Automated campaigns run by 1-2 local resources
- Faster analysis of campaigns and promotion
effectiveness - Revenue Growth
- Premium online services linked to core businesses
and tied to ad delivery - Increased circulation base print side
- Expanding Market Share
16Define Business Goals and Objectives
17Identify Audience Segments
Develop High Level Group of Segments (Profile
Groups) that will consistently be re-used
18Identify and Prioritize Opportunities
19Scenario Use Case Event Diagram- Site Registration