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SEIZING THE DAY IN


        REAL-TIME MARKETING




                         Customer  interactions  are  often  context-driven  and  present
                         only a small window of opportunity for marketers to utilize it.
                         Once the context changes, customer needs and intent may also

                         change with it. Contextual marketing is nothing but marketing
                         the right thing, at the right time, to the right customer. Capturing
                         customers contexts, understanding their needs and intent and

                         then responding with relevant offers is bound to create a superior
                         impact when compared with generic offers and a ‘one-size-fits-
                         all’ kind of engagement.


                                                                 - Nikhil Mittal, Marketing Consultant, Flytxt




               oday’s customers are connected to             customers relevant value propositions,

               enterprises more than ever                    delight them and maximize customer
        Tbefore via digital channels. A large                value.

        customer base has shifted to online
        purchase and payments for most of their                   Telcos need to identify possible

        lifestyle products, including telecom                        customer actions and map
        services. They also let the world know                     marketing actions in advance

        about their travel plans in advance to                        to win those moments of
        capture the attention of friends. This is                      truth. Today, it is mostly

        opening up excellent avenues for telcos                    mapped using heuristic rules,
        to upsell roaming packs. For instance,                     however with advancements

        when a customer starts searching for                       in analytics and AI, marketers
        new handsets, perhaps it is the right time                   can potentially do it more
                                                                       accurately and at larger
        to offer them a new handset bundled                         scale, even on a one-to-one
        plan.                                                       basis using machine learned

        The telecom industry, being the                                   recommendations.

        custodians of most of these digital
        interactions, is swamped with                        Timeliness: The essence of real-

        humongous data amounting to many                     time marketing
        terabytes daily about such customer

        events. For telco marketers, these                   Real-time marketing academically refers
                                                             to continuous tracking of customer
        actions represent more than just data;               actions and events and then triggering

        they are potential opportunities to offer
                                                             the right marketing action, such as


       34                                                                              INSIGHTZ - VOLUME 03, 2018
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