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Leveraging Data and Analytics for Your
Marketing Strategy
JesseHarriott,Ph.D.
ChiefAnalyticsOfficer,ConstantContact
DaveKrupinski
CTOandCo-Founder,Care.com
Agenda
• Importance of Analytics
• Challenge From Within
• Stages of Analytical Companies
• Analytics Success Pillars
• Who Cares About Data?
Source: 2013 SMB Insights Brand Study published by The Business Journals
Copyright © 2013 Constant Contact Inc. 5
Coaching
Customer
Success
KnowHow
Great, Easy-to-Use
Products
Constant Contact facilitates 40+ billion customer
engagement opportunities for 500K+ customers each year
across social, mobile and email marketing
$0
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
Q3 '07 Q1 '08 Q3 '08 Q1 '09 Q3 '09 Q1 '10 Q3 '10 Q1 '11 Q3 '11 Q1 '12 Q3 '12 Q1'13
Quarterly Revenue ($000) Q3 2007 – Q2 2013
A Short Story of Analytics…
Importance of
• “It’s the economy, stupid”
• Intense competition
• People becoming more fickle, loyalty elusive
• Volume of advertising messages increasing
Challenge from Within
• Weak Executive Sponsorship
• Failure to Align Analytics Priorities with Corporate
Priorities
• Weak alignment from Technology Support Function
• Lack of Formal Data Governance
• Weak Alignment of Existing Analytical Resources
Five Stages of Analytical Companies
9
Source: Davenport and Harris, Competing on Analytics, 2007
Stage 1
Analytically Impaired
Stage 3
Analytical Aspirations
Stage 2
Localized Analytics
Stage 4
Analytical
Companies
Stage 5
Analytical
Competitors
Analytics Success Pillars
Key Ingredients for
Effective Analytics
– Meaning
– Context
– Predictive
– Bias towards action
(generate revenue, save
costs)
– Communication
Who Cares About Data?
Thank You!
Backup
Big (and little) Data
• Variety, Volume and Velocity
• Let’s not forget about the little data
• Data analysis is the biggest hurdle to action
• Customer Knowledge Framework
Future of Analytics
• Data become less valuable
• Predictive becomes the new standard
• Social computing becomes essential
• Advances in machine learning are made
• Traditional data models evolve
• Analytics becomes more accessible to the non-analyst
• Data science becomes a specialized department
• Human-centered computing becomes part of everyday life
• Analytics helps solve social problems
• There is a location-based data explosion
• A data privacy backlash occurs

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#MITXData "Leveraging Data and Analytics for Your Marketing Strategy" presented by Constant Contact and Care.com

  • 1. Leveraging Data and Analytics for Your Marketing Strategy JesseHarriott,Ph.D. ChiefAnalyticsOfficer,ConstantContact DaveKrupinski CTOandCo-Founder,Care.com
  • 2. Agenda • Importance of Analytics • Challenge From Within • Stages of Analytical Companies • Analytics Success Pillars • Who Cares About Data?
  • 3.
  • 4.
  • 5. Source: 2013 SMB Insights Brand Study published by The Business Journals Copyright © 2013 Constant Contact Inc. 5 Coaching Customer Success KnowHow Great, Easy-to-Use Products Constant Contact facilitates 40+ billion customer engagement opportunities for 500K+ customers each year across social, mobile and email marketing $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 Q3 '07 Q1 '08 Q3 '08 Q1 '09 Q3 '09 Q1 '10 Q3 '10 Q1 '11 Q3 '11 Q1 '12 Q3 '12 Q1'13 Quarterly Revenue ($000) Q3 2007 – Q2 2013
  • 6. A Short Story of Analytics…
  • 7. Importance of • “It’s the economy, stupid” • Intense competition • People becoming more fickle, loyalty elusive • Volume of advertising messages increasing
  • 8. Challenge from Within • Weak Executive Sponsorship • Failure to Align Analytics Priorities with Corporate Priorities • Weak alignment from Technology Support Function • Lack of Formal Data Governance • Weak Alignment of Existing Analytical Resources
  • 9. Five Stages of Analytical Companies 9 Source: Davenport and Harris, Competing on Analytics, 2007 Stage 1 Analytically Impaired Stage 3 Analytical Aspirations Stage 2 Localized Analytics Stage 4 Analytical Companies Stage 5 Analytical Competitors
  • 11. Key Ingredients for Effective Analytics – Meaning – Context – Predictive – Bias towards action (generate revenue, save costs) – Communication
  • 15. Big (and little) Data • Variety, Volume and Velocity • Let’s not forget about the little data • Data analysis is the biggest hurdle to action • Customer Knowledge Framework
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  • 17. Future of Analytics • Data become less valuable • Predictive becomes the new standard • Social computing becomes essential • Advances in machine learning are made • Traditional data models evolve • Analytics becomes more accessible to the non-analyst • Data science becomes a specialized department • Human-centered computing becomes part of everyday life • Analytics helps solve social problems • There is a location-based data explosion • A data privacy backlash occurs