SlideShare a Scribd company logo
1 of 33
BEHAVIOURAL
MARKETING –
WHAT, WHY and HOW
Picture Credits http://www.financialtechnologyafrica.com/
What is Behavioral Marketing?
Behavioral marketing or behavioral targeting is when
consumers are targeted by marketers based on the
former’s behavior or usage patterns on the Internet.
Picture Credits: http://justcoachit.com/
What is Behavioral Marketing?
Behavioral marketing or behavioral targeting is when
consumers are targeted by marketers based on the
former’s behavior or usage patterns on the Internet.
Data pertaining to usage and behavior collected from
marketing analytics solutions is utilized by marketers to
better understand their target audiences and their
expectations from brands.
Picture Credits: http://justcoachit.com/
What is Behavioral Marketing?
Behavioral marketing or behavioral targeting is when
consumers are targeted by marketers based on the
former’s behavior or usage patterns on the Internet.
Data pertaining to usage and behavior collected from
marketing analytics solutions is utilized by marketers to
better understand their target audiences and their
expectations from brands.
An everyday instance of behavioral targeting would be
the Facebook ads that appear on individuals’ news
feeds that are tailored to their preferences.
Picture Credits: http://justcoachit.com/
Well, it's like this: marketers all over the world
now feel that they need to tailor their offerings
and communication.
Picture Credits http://www.longhi.it/
Well, it's like this: marketers all over the world
now feel that they need to tailor their offerings
and communication.
So when someone is looking for something
online, marketers track usage, understand
preferences and then make a suggestion that is
most suitable. An appropriate recommendation,
almost always makes conversion easier.
Picture Credits http://www.longhi.it/
Well, it's like this: marketers all over the world
now feel that they need to tailor their offerings
and communication.
So when someone is looking for something
online, marketers track usage, understand
preferences and then make a suggestion that is
most suitable. An appropriate recommendation,
almost always makes conversion easier.
BUT, the marketers can make such suggestions
only when they understand the behavior of the
TG— and this understanding of the behavior is
what forms the core of Behavioral Marketing, a
discipline that is changing the way business is
being done today.
Picture Credits http://www.longhi.it/
And there is even a formula to it...
The Bryan Brown formula
Behavioral Marketing= Individual Behavior+ Marketing Automation
Picture Credits: http://www.learnvest.com/
Bryan Brown describes behavioral marketing as
being a combination of individual behavior and
marketing automation.
Bryan Brown describes behavioral marketing as
being a combination of individual behavior and
marketing automation.
The author says that only automation would lead
to irrelevant messages whereas sole focus on
behaviors with no automation will lead to excess
data silos and lack of ways to scale
communications.
Bryan Brown describes behavioral marketing as
being a combination of individual behavior and
marketing automation.
The author says that only automation would lead
to irrelevant messages whereas sole focus on
behaviors with no automation will lead to excess
data silos and lack of ways to scale
communications.
The customer behaviors will have to be
integrated across channels and platforms (such
as email, social networks, website, mobile
devices, CRM, relational table data and so on)
to get a comprehensive understanding.
One of the stellar instances of behavioral
targeting involves Amazon. Its revolutionary
recommendation engine changed the way e-
commerce websites operated forever. By
studying behaviors of visitors, Amazon was able
to recommend other products that were aligned
to individuals’ preferences.
Picture Credits: http://i.huffpost.com/
One of the stellar instances of behavioral
targeting involves Amazon. Its revolutionary
recommendation engine changed the way e-
commerce websites operated forever. By
studying behaviors of visitors, Amazon was able
to recommend other products that were aligned
to individuals’ preferences.
This greatly improved the up-sell and cross-sell
potential for the company.
Picture Credits: http://i.huffpost.com/
From a customer’s perspective, when he/she
visits a website, the publisher seeks permission
to collect information about the customer’s
usage. When agreed upon, a unique profile is
created for every individual that begins to store
information of how that individual has browsed
the website.
Picture Credits: http://www.datamanager.it/
From a customer’s perspective, when he/she
visits a website, the publisher seeks permission
to collect information about the customer’s
usage. When agreed upon, a unique profile is
created for every individual that begins to store
information of how that individual has browsed
the website.
This information is then utilized to personalize
the experience of the individual in subsequent
visits to increase relevance.
Picture Credits: http://www.datamanager.it/
Setting up behavioral marketing processes
typically entails the following steps:
Picture Credits: http://www.thedrum.com/
Setting up behavioral marketing processes
typically entails the following steps:
1. Implementation of effective marketing
analytics tools
Picture Credits: http://www.thedrum.com/
Setting up behavioral marketing processes
typically entails the following steps:
1. Implementation of effective marketing
analytics tools
2. Establishing an integrated marketing database
for comprehensive understanding
Picture Credits: http://www.thedrum.com/
Setting up behavioral marketing processes
typically entails the following steps:
1. Implementation of effective marketing
analytics tools
2. Establishing an integrated marketing database
for comprehensive understanding
3. Segmentation on the basis of behavioral
patterns
Picture Credits: http://www.thedrum.com/
Setting up behavioral marketing processes
typically entails the following steps:
1. Implementation of effective marketing
analytics tools
2. Establishing an integrated marketing database
for comprehensive understanding
3. Segmentation on the basis of behavioral
patterns
4. Set up automated programs that will trigger
messages based on particular behavior
Picture Credits: http://www.thedrum.com/
Setting up behavioral marketing processes
typically entails the following steps:
1. Implementation of effective marketing
analytics tools
2. Establishing an integrated marketing database
for comprehensive understanding
3. Segmentation on the basis of behavioral
patterns
4. Set up automated programs that will trigger
messages based on particular behavior
5. Create content that is relevant to specific
groups of customers
Picture Credits: http://www.thedrum.com/
Setting up behavioral marketing processes
typically entails the following steps:
1. Implementation of effective marketing
analytics tools
2. Establishing an integrated marketing database
for comprehensive understanding
3. Segmentation on the basis of behavioral
patterns
4. Set up automated programs that will trigger
messages based on particular behavior
5. Create content that is relevant to specific
groups of customers
Picture Credits: http://www.thedrum.com/
Behavioral Marketing's many benefits include:
Picture Credits: http://www.whitespace.on.ca/
Behavioral Marketing's many benefits include:
1. Improved precision in targeting
Picture Credits: http://www.whitespace.on.ca/
Behavioral Marketing's many benefits include:
1. Improved precision in targeting
2. Increased engagement
Picture Credits: http://www.whitespace.on.ca/
Behavioral Marketing's many benefits include:
1. Improved precision in targeting
2. Increased engagement
3. Tailor-made customer experiences
Picture Credits: http://www.whitespace.on.ca/
Behavioral Marketing's many benefits include:
1. Improved precision in targeting
2. Increased engagement
3. Tailor-made customer experiences
4. Increase in conversions
Picture Credits: http://www.whitespace.on.ca/
Behavioral Marketing's many benefits include:
1. Improved precision in targeting
2. Increased engagement
3. Tailor-made customer experiences
4. Increase in conversions
Picture Credits: http://www.whitespace.on.ca/
Unless marketers understand what their
customers expect and seek, all marketing
operations would essentially become
monologues. And, an 'onliner' today does not
want a monologue, especially so when he or she
has become even more aware of the high
degree of personalization that has now come to
exist.
Picture Credits: http://images.fineartamerica.com/images-medium-large/end-of-the-road-nestor-ps.jpg
Unless marketers understand what their
customers expect and seek, all marketing
operations would essentially become
monologues. And, an 'onliner' today does not
want a monologue, especially so when he or she
has become even more aware of the high
degree of personalization that has now come to
exist.
Simply put, a marketer today cannot continue to
market without taking into account online
behavior and usage patters---the crux of
'Behavioral Marketing'
Picture Credits: http://images.fineartamerica.com/images-medium-large/end-of-the-road-nestor-ps.jpg
Curious and have questions???
Picture Credits: http://anniversaire-magique.com/
TALK TO US!
We're happy to
demonstrate how to make
your MARKETING work
better
marketing@xerago.com
Please feel free to reach us at marketing@xerago.com

More Related Content

Viewers also liked

Predictive Behavioral Targeting 280509
Predictive Behavioral Targeting 280509Predictive Behavioral Targeting 280509
Predictive Behavioral Targeting 280509Solveig Lae
 
digital marketing plan Marlene Dekkers
digital marketing plan Marlene Dekkersdigital marketing plan Marlene Dekkers
digital marketing plan Marlene DekkersFontys Hogescholen
 
Introduction To Online Marketing
Introduction To Online MarketingIntroduction To Online Marketing
Introduction To Online MarketingAlterSage
 
Social Entrepreneurship for Young Entrepreneurs
Social Entrepreneurship for Young EntrepreneursSocial Entrepreneurship for Young Entrepreneurs
Social Entrepreneurship for Young EntrepreneursWir sind das Kapital
 
Techniques du data mining
Techniques du data miningTechniques du data mining
Techniques du data miningDonia Hammami
 
Behavioural Economics
Behavioural EconomicsBehavioural Economics
Behavioural EconomicsEton College
 
Social entrepreneurship and the ethical challenges of entrepreneurship
Social entrepreneurship and the ethical challenges of entrepreneurshipSocial entrepreneurship and the ethical challenges of entrepreneurship
Social entrepreneurship and the ethical challenges of entrepreneurshipSyed Hassan Ali Shah
 
Behavioral economics in 22 slides - showing that we are irrational
Behavioral economics in 22 slides - showing that we are irrationalBehavioral economics in 22 slides - showing that we are irrational
Behavioral economics in 22 slides - showing that we are irrationalKurt Nelson, PhD
 
Online Market Research
Online Market ResearchOnline Market Research
Online Market ResearchKevin Barnes
 
Consumer Behavior
Consumer BehaviorConsumer Behavior
Consumer BehaviorMorisha Roy
 
Post Purchase Consumer Behaviour
Post Purchase Consumer BehaviourPost Purchase Consumer Behaviour
Post Purchase Consumer BehaviourKing Julian
 

Viewers also liked (15)

Predictive Behavioral Targeting 280509
Predictive Behavioral Targeting 280509Predictive Behavioral Targeting 280509
Predictive Behavioral Targeting 280509
 
digital marketing plan Marlene Dekkers
digital marketing plan Marlene Dekkersdigital marketing plan Marlene Dekkers
digital marketing plan Marlene Dekkers
 
Introduction To Online Marketing
Introduction To Online MarketingIntroduction To Online Marketing
Introduction To Online Marketing
 
Social Entrepreneurship for Young Entrepreneurs
Social Entrepreneurship for Young EntrepreneursSocial Entrepreneurship for Young Entrepreneurs
Social Entrepreneurship for Young Entrepreneurs
 
Online marketing research 2011
Online marketing research 2011Online marketing research 2011
Online marketing research 2011
 
Techniques du data mining
Techniques du data miningTechniques du data mining
Techniques du data mining
 
Behavioural Economics
Behavioural EconomicsBehavioural Economics
Behavioural Economics
 
Data Mining
Data MiningData Mining
Data Mining
 
Social entrepreneurship and the ethical challenges of entrepreneurship
Social entrepreneurship and the ethical challenges of entrepreneurshipSocial entrepreneurship and the ethical challenges of entrepreneurship
Social entrepreneurship and the ethical challenges of entrepreneurship
 
Behavioral economics in 22 slides - showing that we are irrational
Behavioral economics in 22 slides - showing that we are irrationalBehavioral economics in 22 slides - showing that we are irrational
Behavioral economics in 22 slides - showing that we are irrational
 
Online Market Research
Online Market ResearchOnline Market Research
Online Market Research
 
Social entrepreneurship
Social  entrepreneurshipSocial  entrepreneurship
Social entrepreneurship
 
Consumer Behavior
Consumer BehaviorConsumer Behavior
Consumer Behavior
 
Healthy lifestyle
Healthy lifestyleHealthy lifestyle
Healthy lifestyle
 
Post Purchase Consumer Behaviour
Post Purchase Consumer BehaviourPost Purchase Consumer Behaviour
Post Purchase Consumer Behaviour
 

More from Sashindar Rajasekaran

Creating customer focussed marketing impact for Telcos
Creating customer focussed marketing impact for TelcosCreating customer focussed marketing impact for Telcos
Creating customer focussed marketing impact for TelcosSashindar Rajasekaran
 
Customer profile enrichment using analytics for telcos
Customer profile enrichment using analytics for telcosCustomer profile enrichment using analytics for telcos
Customer profile enrichment using analytics for telcosSashindar Rajasekaran
 
Leveraging Data into Actionable Insights for Telcos
Leveraging Data into Actionable Insights for TelcosLeveraging Data into Actionable Insights for Telcos
Leveraging Data into Actionable Insights for TelcosSashindar Rajasekaran
 
The best practices that make marketing analytics work for you
The best practices that make marketing analytics work for youThe best practices that make marketing analytics work for you
The best practices that make marketing analytics work for youSashindar Rajasekaran
 
Leveraging video marketing analytics - for brands
Leveraging video marketing analytics - for brandsLeveraging video marketing analytics - for brands
Leveraging video marketing analytics - for brandsSashindar Rajasekaran
 
How can new age media companies create a Blue Ocean
How can new age media companies create a Blue OceanHow can new age media companies create a Blue Ocean
How can new age media companies create a Blue OceanSashindar Rajasekaran
 
Marketing analytics for the Banking Industry
Marketing analytics for the Banking IndustryMarketing analytics for the Banking Industry
Marketing analytics for the Banking IndustrySashindar Rajasekaran
 
5 reason why QR codes failed to take off
5 reason why QR codes failed to take off5 reason why QR codes failed to take off
5 reason why QR codes failed to take offSashindar Rajasekaran
 
Calling All Marketers: Here's What the Indian Union Budget' 14 means to you!!
Calling All Marketers: Here's What the Indian Union Budget' 14 means to you!!Calling All Marketers: Here's What the Indian Union Budget' 14 means to you!!
Calling All Marketers: Here's What the Indian Union Budget' 14 means to you!!Sashindar Rajasekaran
 
Mobile Marketing: Why you absolutely need to consider! (If you are planning t...
Mobile Marketing: Why you absolutely need to consider! (If you are planning t...Mobile Marketing: Why you absolutely need to consider! (If you are planning t...
Mobile Marketing: Why you absolutely need to consider! (If you are planning t...Sashindar Rajasekaran
 

More from Sashindar Rajasekaran (12)

Creating customer focussed marketing impact for Telcos
Creating customer focussed marketing impact for TelcosCreating customer focussed marketing impact for Telcos
Creating customer focussed marketing impact for Telcos
 
Customer profile enrichment using analytics for telcos
Customer profile enrichment using analytics for telcosCustomer profile enrichment using analytics for telcos
Customer profile enrichment using analytics for telcos
 
Leveraging Data into Actionable Insights for Telcos
Leveraging Data into Actionable Insights for TelcosLeveraging Data into Actionable Insights for Telcos
Leveraging Data into Actionable Insights for Telcos
 
The best practices that make marketing analytics work for you
The best practices that make marketing analytics work for youThe best practices that make marketing analytics work for you
The best practices that make marketing analytics work for you
 
Leveraging video marketing analytics - for brands
Leveraging video marketing analytics - for brandsLeveraging video marketing analytics - for brands
Leveraging video marketing analytics - for brands
 
How can new age media companies create a Blue Ocean
How can new age media companies create a Blue OceanHow can new age media companies create a Blue Ocean
How can new age media companies create a Blue Ocean
 
Marketing analytics for the Banking Industry
Marketing analytics for the Banking IndustryMarketing analytics for the Banking Industry
Marketing analytics for the Banking Industry
 
Successful Marketing Automation
Successful Marketing AutomationSuccessful Marketing Automation
Successful Marketing Automation
 
5 reason why QR codes failed to take off
5 reason why QR codes failed to take off5 reason why QR codes failed to take off
5 reason why QR codes failed to take off
 
Calling All Marketers: Here's What the Indian Union Budget' 14 means to you!!
Calling All Marketers: Here's What the Indian Union Budget' 14 means to you!!Calling All Marketers: Here's What the Indian Union Budget' 14 means to you!!
Calling All Marketers: Here's What the Indian Union Budget' 14 means to you!!
 
Mobile Marketing: Why you absolutely need to consider! (If you are planning t...
Mobile Marketing: Why you absolutely need to consider! (If you are planning t...Mobile Marketing: Why you absolutely need to consider! (If you are planning t...
Mobile Marketing: Why you absolutely need to consider! (If you are planning t...
 
NaMo victory formula
NaMo victory formulaNaMo victory formula
NaMo victory formula
 

Recently uploaded

BLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_April2024. Balmer Lawrie Online Monthly BulletinBLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_April2024. Balmer Lawrie Online Monthly BulletinBalmerLawrie
 
Brand experience Peoria City Soccer Presentation.pdf
Brand experience Peoria City Soccer Presentation.pdfBrand experience Peoria City Soccer Presentation.pdf
Brand experience Peoria City Soccer Presentation.pdftbatkhuu1
 
Enjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort Service
Enjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort ServiceEnjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort Service
Enjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort ServiceDelhi Call girls
 
Kraft Mac and Cheese campaign presentation
Kraft Mac and Cheese campaign presentationKraft Mac and Cheese campaign presentation
Kraft Mac and Cheese campaign presentationtbatkhuu1
 
BDSM⚡Call Girls in Sector 128 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 128 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 128 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 128 Noida Escorts >༒8448380779 Escort ServiceDelhi Call girls
 
Unraveling the Mystery of the Hinterkaifeck Murders.pptx
Unraveling the Mystery of the Hinterkaifeck Murders.pptxUnraveling the Mystery of the Hinterkaifeck Murders.pptx
Unraveling the Mystery of the Hinterkaifeck Murders.pptxelizabethella096
 
Labour Day Celebrating Workers and Their Contributions.pptx
Labour Day Celebrating Workers and Their Contributions.pptxLabour Day Celebrating Workers and Their Contributions.pptx
Labour Day Celebrating Workers and Their Contributions.pptxelizabethella096
 
Digital-Marketing-Into-by-Zoraiz-Ahmad.pptx
Digital-Marketing-Into-by-Zoraiz-Ahmad.pptxDigital-Marketing-Into-by-Zoraiz-Ahmad.pptx
Digital-Marketing-Into-by-Zoraiz-Ahmad.pptxZACGaming
 
Social Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdfSocial Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdfSocial Samosa
 
Aryabhata I, II of mathematics of both.pptx
Aryabhata I, II of mathematics of both.pptxAryabhata I, II of mathematics of both.pptx
Aryabhata I, II of mathematics of both.pptxtegevi9289
 
How to Leverage Behavioral Science Insights for Direct Mail Success
How to Leverage Behavioral Science Insights for Direct Mail SuccessHow to Leverage Behavioral Science Insights for Direct Mail Success
How to Leverage Behavioral Science Insights for Direct Mail SuccessAggregage
 
Social Media Marketing PPT-Includes Paid media
Social Media Marketing PPT-Includes Paid mediaSocial Media Marketing PPT-Includes Paid media
Social Media Marketing PPT-Includes Paid mediaadityabelde2
 
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO Success
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO SuccessBrighton SEO April 2024 - The Good, the Bad & the Ugly of SEO Success
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO SuccessVarn
 
Situation Analysis | Management Company.
Situation Analysis | Management Company.Situation Analysis | Management Company.
Situation Analysis | Management Company.DanielaQuiroz63
 

Recently uploaded (20)

Generative AI Master Class - Generative AI, Unleash Creative Opportunity - Pe...
Generative AI Master Class - Generative AI, Unleash Creative Opportunity - Pe...Generative AI Master Class - Generative AI, Unleash Creative Opportunity - Pe...
Generative AI Master Class - Generative AI, Unleash Creative Opportunity - Pe...
 
BUY GMAIL ACCOUNTS PVA USA IP INDIAN IP GMAIL
BUY GMAIL ACCOUNTS PVA USA IP INDIAN IP GMAILBUY GMAIL ACCOUNTS PVA USA IP INDIAN IP GMAIL
BUY GMAIL ACCOUNTS PVA USA IP INDIAN IP GMAIL
 
BLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_April2024. Balmer Lawrie Online Monthly BulletinBLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
 
Brand experience Peoria City Soccer Presentation.pdf
Brand experience Peoria City Soccer Presentation.pdfBrand experience Peoria City Soccer Presentation.pdf
Brand experience Peoria City Soccer Presentation.pdf
 
Enjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort Service
Enjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort ServiceEnjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort Service
Enjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort Service
 
Kraft Mac and Cheese campaign presentation
Kraft Mac and Cheese campaign presentationKraft Mac and Cheese campaign presentation
Kraft Mac and Cheese campaign presentation
 
BDSM⚡Call Girls in Sector 128 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 128 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 128 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 128 Noida Escorts >༒8448380779 Escort Service
 
How to Create a Social Media Plan Like a Pro - Jordan Scheltgen
How to Create a Social Media Plan Like a Pro - Jordan ScheltgenHow to Create a Social Media Plan Like a Pro - Jordan Scheltgen
How to Create a Social Media Plan Like a Pro - Jordan Scheltgen
 
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
 
Unraveling the Mystery of the Hinterkaifeck Murders.pptx
Unraveling the Mystery of the Hinterkaifeck Murders.pptxUnraveling the Mystery of the Hinterkaifeck Murders.pptx
Unraveling the Mystery of the Hinterkaifeck Murders.pptx
 
Labour Day Celebrating Workers and Their Contributions.pptx
Labour Day Celebrating Workers and Their Contributions.pptxLabour Day Celebrating Workers and Their Contributions.pptx
Labour Day Celebrating Workers and Their Contributions.pptx
 
Digital-Marketing-Into-by-Zoraiz-Ahmad.pptx
Digital-Marketing-Into-by-Zoraiz-Ahmad.pptxDigital-Marketing-Into-by-Zoraiz-Ahmad.pptx
Digital-Marketing-Into-by-Zoraiz-Ahmad.pptx
 
The Future of Brands on LinkedIn - Alison Kaltman
The Future of Brands on LinkedIn - Alison KaltmanThe Future of Brands on LinkedIn - Alison Kaltman
The Future of Brands on LinkedIn - Alison Kaltman
 
Social Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdfSocial Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdf
 
Aryabhata I, II of mathematics of both.pptx
Aryabhata I, II of mathematics of both.pptxAryabhata I, II of mathematics of both.pptx
Aryabhata I, II of mathematics of both.pptx
 
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
SEO Master Class - Steve Wiideman, Wiideman Consulting GroupSEO Master Class - Steve Wiideman, Wiideman Consulting Group
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
 
How to Leverage Behavioral Science Insights for Direct Mail Success
How to Leverage Behavioral Science Insights for Direct Mail SuccessHow to Leverage Behavioral Science Insights for Direct Mail Success
How to Leverage Behavioral Science Insights for Direct Mail Success
 
Social Media Marketing PPT-Includes Paid media
Social Media Marketing PPT-Includes Paid mediaSocial Media Marketing PPT-Includes Paid media
Social Media Marketing PPT-Includes Paid media
 
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO Success
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO SuccessBrighton SEO April 2024 - The Good, the Bad & the Ugly of SEO Success
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO Success
 
Situation Analysis | Management Company.
Situation Analysis | Management Company.Situation Analysis | Management Company.
Situation Analysis | Management Company.
 

Behavioural marketing – what, why and how

  • 1. BEHAVIOURAL MARKETING – WHAT, WHY and HOW Picture Credits http://www.financialtechnologyafrica.com/
  • 2. What is Behavioral Marketing? Behavioral marketing or behavioral targeting is when consumers are targeted by marketers based on the former’s behavior or usage patterns on the Internet. Picture Credits: http://justcoachit.com/
  • 3. What is Behavioral Marketing? Behavioral marketing or behavioral targeting is when consumers are targeted by marketers based on the former’s behavior or usage patterns on the Internet. Data pertaining to usage and behavior collected from marketing analytics solutions is utilized by marketers to better understand their target audiences and their expectations from brands. Picture Credits: http://justcoachit.com/
  • 4. What is Behavioral Marketing? Behavioral marketing or behavioral targeting is when consumers are targeted by marketers based on the former’s behavior or usage patterns on the Internet. Data pertaining to usage and behavior collected from marketing analytics solutions is utilized by marketers to better understand their target audiences and their expectations from brands. An everyday instance of behavioral targeting would be the Facebook ads that appear on individuals’ news feeds that are tailored to their preferences. Picture Credits: http://justcoachit.com/
  • 5. Well, it's like this: marketers all over the world now feel that they need to tailor their offerings and communication. Picture Credits http://www.longhi.it/
  • 6. Well, it's like this: marketers all over the world now feel that they need to tailor their offerings and communication. So when someone is looking for something online, marketers track usage, understand preferences and then make a suggestion that is most suitable. An appropriate recommendation, almost always makes conversion easier. Picture Credits http://www.longhi.it/
  • 7. Well, it's like this: marketers all over the world now feel that they need to tailor their offerings and communication. So when someone is looking for something online, marketers track usage, understand preferences and then make a suggestion that is most suitable. An appropriate recommendation, almost always makes conversion easier. BUT, the marketers can make such suggestions only when they understand the behavior of the TG— and this understanding of the behavior is what forms the core of Behavioral Marketing, a discipline that is changing the way business is being done today. Picture Credits http://www.longhi.it/
  • 8. And there is even a formula to it... The Bryan Brown formula Behavioral Marketing= Individual Behavior+ Marketing Automation Picture Credits: http://www.learnvest.com/
  • 9. Bryan Brown describes behavioral marketing as being a combination of individual behavior and marketing automation.
  • 10. Bryan Brown describes behavioral marketing as being a combination of individual behavior and marketing automation. The author says that only automation would lead to irrelevant messages whereas sole focus on behaviors with no automation will lead to excess data silos and lack of ways to scale communications.
  • 11. Bryan Brown describes behavioral marketing as being a combination of individual behavior and marketing automation. The author says that only automation would lead to irrelevant messages whereas sole focus on behaviors with no automation will lead to excess data silos and lack of ways to scale communications. The customer behaviors will have to be integrated across channels and platforms (such as email, social networks, website, mobile devices, CRM, relational table data and so on) to get a comprehensive understanding.
  • 12. One of the stellar instances of behavioral targeting involves Amazon. Its revolutionary recommendation engine changed the way e- commerce websites operated forever. By studying behaviors of visitors, Amazon was able to recommend other products that were aligned to individuals’ preferences. Picture Credits: http://i.huffpost.com/
  • 13. One of the stellar instances of behavioral targeting involves Amazon. Its revolutionary recommendation engine changed the way e- commerce websites operated forever. By studying behaviors of visitors, Amazon was able to recommend other products that were aligned to individuals’ preferences. This greatly improved the up-sell and cross-sell potential for the company. Picture Credits: http://i.huffpost.com/
  • 14. From a customer’s perspective, when he/she visits a website, the publisher seeks permission to collect information about the customer’s usage. When agreed upon, a unique profile is created for every individual that begins to store information of how that individual has browsed the website. Picture Credits: http://www.datamanager.it/
  • 15. From a customer’s perspective, when he/she visits a website, the publisher seeks permission to collect information about the customer’s usage. When agreed upon, a unique profile is created for every individual that begins to store information of how that individual has browsed the website. This information is then utilized to personalize the experience of the individual in subsequent visits to increase relevance. Picture Credits: http://www.datamanager.it/
  • 16. Setting up behavioral marketing processes typically entails the following steps: Picture Credits: http://www.thedrum.com/
  • 17. Setting up behavioral marketing processes typically entails the following steps: 1. Implementation of effective marketing analytics tools Picture Credits: http://www.thedrum.com/
  • 18. Setting up behavioral marketing processes typically entails the following steps: 1. Implementation of effective marketing analytics tools 2. Establishing an integrated marketing database for comprehensive understanding Picture Credits: http://www.thedrum.com/
  • 19. Setting up behavioral marketing processes typically entails the following steps: 1. Implementation of effective marketing analytics tools 2. Establishing an integrated marketing database for comprehensive understanding 3. Segmentation on the basis of behavioral patterns Picture Credits: http://www.thedrum.com/
  • 20. Setting up behavioral marketing processes typically entails the following steps: 1. Implementation of effective marketing analytics tools 2. Establishing an integrated marketing database for comprehensive understanding 3. Segmentation on the basis of behavioral patterns 4. Set up automated programs that will trigger messages based on particular behavior Picture Credits: http://www.thedrum.com/
  • 21. Setting up behavioral marketing processes typically entails the following steps: 1. Implementation of effective marketing analytics tools 2. Establishing an integrated marketing database for comprehensive understanding 3. Segmentation on the basis of behavioral patterns 4. Set up automated programs that will trigger messages based on particular behavior 5. Create content that is relevant to specific groups of customers Picture Credits: http://www.thedrum.com/
  • 22. Setting up behavioral marketing processes typically entails the following steps: 1. Implementation of effective marketing analytics tools 2. Establishing an integrated marketing database for comprehensive understanding 3. Segmentation on the basis of behavioral patterns 4. Set up automated programs that will trigger messages based on particular behavior 5. Create content that is relevant to specific groups of customers Picture Credits: http://www.thedrum.com/
  • 23. Behavioral Marketing's many benefits include: Picture Credits: http://www.whitespace.on.ca/
  • 24. Behavioral Marketing's many benefits include: 1. Improved precision in targeting Picture Credits: http://www.whitespace.on.ca/
  • 25. Behavioral Marketing's many benefits include: 1. Improved precision in targeting 2. Increased engagement Picture Credits: http://www.whitespace.on.ca/
  • 26. Behavioral Marketing's many benefits include: 1. Improved precision in targeting 2. Increased engagement 3. Tailor-made customer experiences Picture Credits: http://www.whitespace.on.ca/
  • 27. Behavioral Marketing's many benefits include: 1. Improved precision in targeting 2. Increased engagement 3. Tailor-made customer experiences 4. Increase in conversions Picture Credits: http://www.whitespace.on.ca/
  • 28. Behavioral Marketing's many benefits include: 1. Improved precision in targeting 2. Increased engagement 3. Tailor-made customer experiences 4. Increase in conversions Picture Credits: http://www.whitespace.on.ca/
  • 29. Unless marketers understand what their customers expect and seek, all marketing operations would essentially become monologues. And, an 'onliner' today does not want a monologue, especially so when he or she has become even more aware of the high degree of personalization that has now come to exist. Picture Credits: http://images.fineartamerica.com/images-medium-large/end-of-the-road-nestor-ps.jpg
  • 30. Unless marketers understand what their customers expect and seek, all marketing operations would essentially become monologues. And, an 'onliner' today does not want a monologue, especially so when he or she has become even more aware of the high degree of personalization that has now come to exist. Simply put, a marketer today cannot continue to market without taking into account online behavior and usage patters---the crux of 'Behavioral Marketing' Picture Credits: http://images.fineartamerica.com/images-medium-large/end-of-the-road-nestor-ps.jpg
  • 31. Curious and have questions??? Picture Credits: http://anniversaire-magique.com/
  • 32. TALK TO US! We're happy to demonstrate how to make your MARKETING work better marketing@xerago.com
  • 33. Please feel free to reach us at marketing@xerago.com