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M3 - ISB DM Mod 3 Customer Journey

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0% found this document useful (0 votes)
50 views20 pages

M3 - ISB DM Mod 3 Customer Journey

Uploaded by

mac.chandani
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Module 3 : The Digital Customer Journey

Digital Marketing and Analytics


www.emeritus.org
What we will be covering today
1. Success criteria for connecting with customers
2. 6 bases of customer segmentation
3. Success criteria of customer segmentation
4. Customer insights are essential to plot the right journey
5. Making the brand relatable to the customer
6. Create a persona to represent the ideal target customer
7. The Coke Coca challenge
8. Segmentation Bases in B2B markets
9. Is the JTBD complex or simple?
10. What do you think are the key benefits of STP?
11. Positioning – The Seat example
12. Being where the customer is at every touchpoint
13. Micromoments - Being there in the moment
14. Growth hacking to reduce churn
Success criteria for connecting with customers

Last week we explored Now let’s explore their


the topic of customers decision-making journey
in the digital world
6 bases of customer segmentation
• 1. GEOGRAPHIC
• Regions • 2. BEHAVIOUR
• Population Density • Usage Rate
• City Size • Brand Loyalty
• Climate • 3. SITUATIONAL • Occasions
• Location: Rural/Urban • Urgency • Frequency
• Access to products/services • Channel preferences
• Need state
• 4. PSYCHOGRAPHIC
• Interests • 6. DEMOGRAPHIC
• Opinions • Gender
• 5. BENEFITS
• Personality • Age
• Needs
• Self Image • Nationality
• Wants
• Activities • Income
• Motivations
• Values • Social Class
• Convivence
• Attitudes • Family Size
• Value
• Home Ownership
• Self Esteem
• Ethnicity
• Safety
Success criteria of customer segmentation

Measurable
Reachable
Different

Worth it! Substantial


Lasting
Customer insights are essential to plot the right journey

First, we need to
understand the
customer problem
and the job to be
done
The JTBD

Functional jobs

Emotional jobs

Social jobs

Physical jobs
Making the brand relatable to the customer

Target segment
• High net worth individuals
• Luxury seekers
• Business and pleasure
• Frequent travellers

Target segment
• Budget seekers
• Holiday makers
• Family annual break
Create a persona to represent the ideal target
customer
Jack Lad

They must be
• Relatable
• Aspirational
• Based on data
Segmentation Bases in B2B markets
e.g. No. of
Firmographics employees $
revenue; age

Operating e.g. Economic


variables stability

Purchasing e.g. protocols;


behaviours freedoms

Situational e.g. competitive


factors intensity

Personal e.g. profiles of key


characteristics personnel
Is the JTBD complex or simple?

Risk
▪ New potentials
▪ Repeat returners
▪ Lapsed and lost
▪ Lifetime loyals
▪ Hostages
What do you think are the key benefits of STP?

Cost
Emotional efficiency
engagement
Increased Data
brand loyalty integrity

Informing
the entire Competitive
strategy advantage
Greater
profitability
Being where the customer is at every touchpoint
Customers
Awareness of a Awareness of Interest in Need turns to Desire turns
turn into
need or want the solutions a brand desire into purchase
advocates
Being there in the moment

• Be there
• Be useful
• Be quick
Growth hacking
Breaking down barriers and brick walls to recruit and retain more
new customers 1
2

4 3

The 4 battlegrounds of customer decision-making


USEFUL WEBSITES
Developing the customer persona:

https://blog.hubspot.com/marketing/buyer-persona-research
https://www.smartinsights.com/guides/customer-persona-guide-and-
template/
https://blog.hootsuite.com/buyer-persona/

Gathering and analysing customer data


https://tweetdeck.twitter.com/ (Social listening)
https://answerthepublic.com/ (Audience research)
https://marketingplatform.google.com/intl/en_uk/about/analytics/ (Google
Analytics)
Reaching and Engaging
the Customer

Soham Bhagnari

Wednesday, 15th June


8.30 pm IST
www.emeritus.org

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