Tag Archives: customer-centric

The Ultimate Content Wall Guide

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A content wall is a powerful way to attract online visitors and keep them on your website for minutes. Best of all, you can create a content wall fast by leveraging social media and post updates. To create your next Content Wall, use this ultimate guide to engage your audience!

What Is A Content Wall?

A content wall is a digital hub where you present curated content to your audience in various formats. Also known as social walls or social media walls, a content wall can combine posts from your community and your staff. For example, your social walls might feature Instagram posts from customers, videos from your YouTube channel, and blog posts. Publishers, companies, and educators can use content walls to engage their communities.  

A content wall is distinct from your blog in a few ways. A blog is often structured with posts in reverse chronological order (i.e., the newest posts are displayed first). On the other hand, a content wall is a curated experience typically focused on a single theme like a specific conference.

In brief, content walls present and package content from multiple sources and make it easy for your audience to consume this information. 

Five Reasons Why Companies Are Using Content Walls 

There are five reasons why more companies invest in curating and presenting content walls.

1. Enhance their positioning 

Selecting blog posts, videos, images, and other material for your content wall takes significant effort. When a company develops a reputation for selecting the best content on a given subject, you will draw in more traffic and be perceived as an expert authority in your field.

2. Increase revenue from your audience

Giving your audience a good reason to stay on your website for more extended periods of time is a crucial benefit of content walls. When a customer spends several minutes or longer on your website, you can display more ads and generate more revenue. Further, you can also present more calls to action (e.g., sign up here to get notified of our monthly content wall series)

3. Aligning the marketing and editorial sides of your business

Publishing companies sometimes struggle to bring together their editorial content and marketing communications. A social wall can help! Your editorial team starts the process by selecting the best content around a given theme (e.g., the very best photojournalism showing your city). The marketing team can then step in to organize and structure the content to make it more engaging. 

4. Decreasing reliance on social media websites

Relying on social media sites to bring traffic to your business puts your growth at risk. What happens when ad costs go up? Or if these companies change their algorithms to make it harder to bring traffic in? Over the years, one thing has become clear. Social media sites want users to stay on their sites rather than leave.

Your goal is different – you want people to come to your website after discovering you on social media. 

There’s a solution to this challenge – add highly engaging content experiences to your website. What do the most popular social media websites have in common? Twitter, Facebook, YouTube, and Instagram all present feeds to their users. Creating a content wall of highly curated content gives your audience a reason to experience a sense of community right on your website!

5. Increase audience loyalty

Allowing your audience to discover new ideas and insights on your website is powerful. In a way, your audience will start to experience a sense of adventure by visiting your content walls. That means your audience will keep coming back to see more content. Over time, your audience is likely to trust you more, which means that it is easier for them to download content, ask for information and make purchases.

Adding content walls to your business is even greater for publishers.

Content Wall Publishers & Media: 6 Ways To Grow And Stand Out

Publishers are in the business of creating exciting, informative content for their audience. Today’s publishers create articles, blog posts, social posts, live streams, videos, and live chat experiences. 

You can draw even more value from these assets by presenting them as content walls. These curated experiences are valuable because they are organized in focused themes that speak to the audience’s interests. This means you’ll be positioned to compete with today’s most engaging online services like Netflix, Disney+, and social media sites.

Now, let’s explore how content walls can help publishers attract readers and subscribers and deepen those relationships effectively. 

1. Positioning your company as an authority in your industry

Fake news and misinformation are major social problems today. So becoming a trusted source has become even more important recently. The Pew Research Center has found that a personal connection to a journalist or news organization can increase trust. 

One way to develop and strengthen that trusted relationship is to create high-quality content walls. Thoughtfully creating a content wall with the very best content on a topic positions your company as trustworthy. This is a great place to highlight how much work your staff put in. 

For example, you might point out that your journalists evaluated over 500 sources before picking the 20 best sources for technology stock insights. In essence, you’ve saved your audience the trouble of sifting through endless sources to find quality data and insights.

By regularly presenting curated content walls to your audience, your audience will increasingly view your website as the best place to find high-quality information.

2. Increase your visibility and discoverability in search engines

It’s not enough to be a trusted authority anymore. You also need a consistent, reliable way to attract new people to your properties.

Fortunately, content walls can play a crucial role in helping you grow your audience through SEO (search engine optimization).  Content walls give users significant content about a single topic from several perspectives. Search engines, including Google, increasingly value authoritative websites that authoritatively present content when determining rankings. 

In other words, content walls can drive more organic visitors to your site!

3. Gain more control over your content 

Once you publish a new article, post, or video on the Internet, it can spread wildfire. Alas, there’s a downside to the ease of spreading information. It’s far too easy for unscrupulous people and companies to copy and monetize YOUR content without permission. That means lost revenue and online visitors for your publication.

Content walls offer one solution to the challenge of online plagiarism. Content walls make it easy for publishers to control how their content is displayed to readers. For example, you can make it more difficult for people to copy and paste content and spread it without your knowledge or consent.

From an editorial point of view, increased control is helpful in another way. You can tailor the audience’s experience based on your expertise. You can present trigger warnings, background information, and more information to make your content more meaningful.

4. Generate more paying subscribers  

Did you know that the New York Times has about 8 million paid digital subscribers? Those subscribers are helpful for the company to thrive in the digital age.

It’s no longer enough to generate millions of page views and attract online visitors to your website. You also need to convert those visitors into subscribers. Limiting some of your best content walls to paying subscribers only will make signing up for a paid subscription much more valuable. 

5. Understand your audience more deeply 

There’s an art and science behind creating a successful publishing experience. In many cases, publishers do not fully understand what their audiences value. 

Content walls can help you understand your audience better in two ways. 

Content Wall engagement

You’ll get this benefit when you create several content walls over time. Pay attention to how your audience interacts with each content wall you create. Which videos or images do they like? See which content drives people to share your content wall on social media. These insights will help you see the themes and approaches your audience likes the most.

With these insights in hand, you can create content that immediately connects with your audience in the future.

Gain more insights with your customer data platform

Content walls are mighty because they give people a reason to visit your website and interact with it deeply. If you install a customer data platform, you’ll be able to quickly understand the exact profile of your most engaged viewers. That means you can more accurately target your marketing efforts in the future.

6. Hit your marketing metrics goals 

Most publishers have demanding marketing key performance indicators (KPIs) to meet each month. You might be focused on:

  • Monthly unique visitors
  • Increasing your clickthrough rate (CTR)
  • Growing your email list

A content wall can help you hit all of these goals more quickly. As website visitors see the quality of your content wall, they are more likely to like and trust your brand over time. That means more people giving you the benefit of the doubt when you offer a new call to action (e.g., sign up for our next live chat event). A content wall also adds to your sense of community – it’s something remarkable to share with other people. 

Demonstrating that your publication is pulling in a large and growing audience also means that your advertising revenue will keep growing. 

What types of content work best in a content wall?

When you first get started with a content wall, getting overwhelmed is easy. There are many different kinds of content you could feature – articles, e-books, how-to guides, videos, embedded social feeds, links to webinars, podcasts, etc. 

How exactly do you craft an engaging content wall for your audience with so many types of content to choose from? There are a few guiding principles we recommend.

Start with a theme

Choosing a the right idea is the first and most crucial step in the content wall planning process. 

If your company is hosting a major conference, the Content Wall could focus on that event. A publisher might choose to create a content wall around a major news event like an election.

It’s essential to select a theme your audience is already interested in and one that fits your company’s goals. If you have too many content wall ideas, choose an idea where you already have a significant body of in-house content to draw on.

Create a foundation of in-house content

Your organization’s content is an excellent foundation for a content wall. Let’s say your theme is cybersecurity innovation. Pick a few articles, videos, and other posts on cybersecurity that have performed well in the past year on your website and put those on your content wall.

Enrich your Content Wall with third-party sources

Your next opportunity is to go out and find the best third-party content relevant to your theme. Start with publications that are already well respected by your audience. For example, a business-themed content wall might draw on the Wall St Journal and Harvard Business Review. 

It is best to present short quotes from third-party sources and link back to the source. You don’t want your content wall to cause any copyright infringement headaches!

Add user generated content 

Pulling in a few social media posts from current customers is an intelligent way to show appreciation for your customers. Ask permission before copying somebody’s else content and putting it on your content wall.

Consider relevant ads  

Publishers, take note! You can include relevant ads on your content walls. These ads should be relevant to the content wall. For example, your staff might have created a special report about the future of cryptocurrency recently. Your content wall is about blockchain or cryptocurrency topics, including a few ads for the particular report makes sense.

Keep in mind that the best content walls are customer-centric by nature. Therefore, advertising and self-promoting content should be kept to a minimum.  Ultimately, a content wall or content hub is a way of growing awareness and trust in your brand.

Content Wall Examples

What if you’re still not quite sure what a content wall is? Look at these examples in different niches and discuss them with your team as you plan your content wall.

SportsNet Celebrates Black History Month

The SportsNet content wall effectively connects their core coverage – sports – to Black History Month. Notice how the publisher presents each part of their content wall with a small photo, headline and copy. This is a great example of a content wall that combines content from the publisher and social media updates.

The PPA Festival Social Wall

The Professional Publishers Association (PPA) recently used a social wall to boost awareness of their annual conference. The PPA Festival approach primarily focused on Twitter. Featuring updates from social media is a good approach when your audience is actively engaged and posting about your event.

Content wall core features

A good idea for your content wall is the spark that will drive engagement. However, a robust content management platform is essential to keeping your content wall organized. As you consider the different content walls on the market, look for these critical features.

Get more SEO traffic with keywords 

The best content wall platforms are designed with SEO goals in mind. Look for a platform that supports your organic traffic growth goals.

Customize the look and feel of your content wall

The content wall should match the colors and design of the rest of your online presence. It is crucial to select a content wall that lets you control its visual appearance so that you can offer a compelling appearance.

Flexibility to add new content walls

Your content wall should make it easy to publish new content walls (or update existing ones) easily. 

Create and send content wall updates 

Your users might get busy and forget to come back to your website to see your latest content wall. Choose a platform that lets your users subscribe to receive new updates by email to keep your audience engaged.

Add recommendations to explore other content

Deeply exploring a content wall might not interest all of your audience. Therefore, your content wall should make it possible to add suggestions to other content on your website like ebooks, webinars, videos, interviews, and other content.

Make social sharing easy

The best content wall apps do not rely exclusively on SEO to attract new visitors: they also support social media sharing. Look for an app that includes easy sharing with Twitter, Facebook, LinkedIn, and Instagram.

If you’re unsure which content wall platform to use, why not try Arena’s Live Blog? 

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14 Ways Live Chat a Customer Service Game-Changer

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Live Chat is transforming customer care across many segments. Discover how this tool is leading a “micro revolution” to customer support and sales teams.

What are the main pillars that sustain the relationship between companies and customers? Let’s think for a second about brands that are known for excellent customer experience.

Digital apps, fintech, eCommerce, you name it. No matter the segment, it’s clear that successful brands offer more than great products, advertising, and content. They have a superior approach towards customer service and always try to make sure communication is dynamic and assertive. 

Live Chat is the ultimate tool to offer that. After all, in the age of instant communication, people are not willing to wait much time to have their questions answered. Besides, they increasingly want to count on omnichannel support.

Well, Live Chat is changing Customer Service in many ways. In this post, we’ll explore how this tool is boosting productivity and efficiency in Customer Service and customer satisfaction. 

The context behind Live Chat

For those who are not familiar with Live Chat, here goes a brief description of it.  Live Chat is a tool that allows customers to ask for support via instant messages directly on a company’s website or app while browsing products and viewing content.

Besides, some brands have integrated their Live Chat tools to other messaging platforms to provide a seamless support experience across different brand channels. 

By why exactly is Live Chat disrupting the customer care business? According to Forrester’s study,; 33% of consumers now expect to see Live Chat services offered on every website.

The same report says the number of U.S. online shoppers who use live Chat has increased from 38% to 58% in the last five years. 

Live Chat is mostly used in B2C businesses by support agents and Customer Care teams, but it can also be used by Customer Success and Sales teams in B2B companies.

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Why Live Chat can take Customer Experience to the next level

Live Chat makes communication between brands and their customers much quicker and organic as it emulates conversation platforms. 

Why have the customers reaching for support through email or phone if you can help them in real-time through Live Chat? Here are a few reasons Live Chat is changing customer service in companies. 

1) Enhancing brand experience

It’s no secret customers are more demanding when it comes to customer experience. They have become used to personalized messages and offers in every aspect of their lives, and thus they have high expectations regarding customer service. 

According to Salesforce, 80% of customers believe brand experience is just as important as a brand’s products or services. Another study by Capgemini shows that the same percentage of customers are willing to spend more money to have better customer service. 

Following this logic, customer service can be the central element to differentiate your brand from the competition.

2) Providing fast responses

A few years ago, it might have been OK to make customers wait a couple of days to get responses to their requests via phone or email. That is no longer the truth. 

A study from Hubspot says 90% of customers rate “immediate response” as very important when they have a query. 

Having Live Chat on your website or app gives you the ability to answer queries in real-time. In addition, Live Chat has proven to provide higher customer satisfaction rates than channels such as phone, email, and social media. 

3) Decreasing resolution time 

From a business perspective, Live Chat also has helped companies streamline their customer support processes and optimize customer care strategies. 

With Live Chat, you can route customers to specific departments and agents according to the keywords they use in the chat, for instance, avoiding repeated communication across different support channels. Because it offers instant communication, Live Chat can potentially decrease the average answer and requests resolution time. 

4) Boosting brands Net Promoter Score (NPS)

Agile and effective customer service is the key to drive customer satisfaction. If you want to improve your company’s Net Promoter Score (NPS), Live Chat is the way to go. Offering real-time, personalized support shows that your company is truly customer-centric;. That is why many companies notice better retention rates after using this type of software.

5) Non-intrusive communication

The best thing about Live Chat is that it happens in an inviting and non-intrusive way. Unlike emails that flood up your mailbox or phone calls from support agents that happen at the worst timing, Live Chat offers an easy way for customers to get done with your requests – in the best timing for them.

It is estimated that 46% of consumers prefer live chat over email and social media, for example. 

Live Chat empowers customers in many ways, allowing multiple interactions on a single web interface. That is vital in today’s digital landscape. According to a study by E-Consultancy, 51% of customers prefer live chat to other channels precisely because it allows them to continue performing other tasks.

6) Using Live Chat Data to improve overall business 

Apart from the; benefits Live Chat brings to daily tasks of customer service, it can serve as a strategic tool to enhance your brand’s marketing, sales, and product strategies.

Because Live Chat provides detailed insights about your website visitors’ journey, it can offer valuable data to help companies grow their bottom lines. 

You can use Live Chat customer insights for:

  • Mapping the customer journey and identifying frequent complaints
  • Personalizing your conversations according to different buyer personas
  • Routing chats to the right department or team
  • Feeding CRM and other data management tools, like Customer Data Platform
  • Improving support agents training according to customers needs and response
  • Improving customer service important KPIs, like first response time and average queue time

7) Understanding where customers come from

One of the challenges for online players is to understand how their Customer Care efforts connect to online conversions. 

Some Live Chat tools allow you to connect the dots between chat sessions and the marketing sources that led the customer to the chat, whether it was a campaign, a disclaimer on the website, or a web search.  Some tools allow you to integrate Live Chat to Google Analytics, for instance, and see a bigger picture of what led customers to chat sessions. 

Such data is important to determine if your marketing channels are actually bringing people to your page and how they are connected to your Live Chat. 

8)  Increasing conversion rates

The study by Forrester shows that consumers who use Live Chat are 2.8x more likely to convert to a sale than those who don’t.  By allowing users to get support without moving to other channels, Live Chat makes buying decisions much quicker and can boost conversion rates.

Placing Live Chat across different touchpoints on a website can also be a good idea. Some companies are using Live Chat in their checkout pages, which helps to solve doubts about payments and shipping, for instance, and thus reduces cart abandonment rates.  

9) Avoiding repetitive tasks for customers and support agents

With a Live Chat customer service tool integrated into your CRM or Data Management Platform (DMP), your team can access customer data or notes from previous interactions to assist customers. That way, you save time that could otherwise be wasted in repetitive conversations. 

Actually, 72% of customers expect customer support agents to know their details like buying history and detailed information — without asking for them.

10) Increasing customers Lifetime Value (LTV) 

Having a sustainable repeat customer base is the dream of every brand, right? Research shows that 63% of consumers who used live chat on a website are likely to return to that site. That is why Live Chat is boosting Customer Life Time Value (LTV) among companies that use it, adding value not just to customer service, but to the whole business. 

11) Cross-selling and upselling products 

Around 33% of the money spent online comes from repeat customers and they generally spend 3 times as much as one time shoppers. Once you build a loyal community of shoppers around your brand, you have the chance to offer proactive communication through Live Chat whenever they access your website. 

Your team can start the conversation, suggesting personalized offers and products through the chat according to the customers buying history and interests, leveraging upselling and cross-selling rates. 

12) Increasing customer engagement

With Live Chat, you are likely to see a significant rise in customer engagement. Because Live Chat emulates messaging apps, it makes interactions with brands more fluid and organic. 

Besides, you can add layers of engagement to Live Chat by adopting a few features in it, such as:

  • Co-browsing: Co-browsing, in the context of Live Chat, is when a customer and a support agent browse a page together during a chat session. It delivers a guided experience and it’s a great way to guide customers through form fill-ups and complex applications, for instance. 
  • Vídeo and Voice Chat: Customers sometimes have requests that are complex or take too long to explain by text. With that in mind, some companies are adding Vídeo and Voice Chat to their Live Chat experience. Not only can it help solve queries quicker, but it also makes interactions more dynamic and personal. 

13) Increasing productivity in Customer Care

At last, another triumph of Live Chat is to leverage Customer Care productivity. It reduces the queue time and enables faster resolution of issues, but beyond that, it allows agents to handle multiple chats at the same time. 

As a result, Live Chat can boost important productivity KPIs such as first response time (FRT), average queue time, number of chats answered, and so on. 

14) Human touch

In the era of hyper-automation and chatbots;, a human approach to customer experience might give you extra points in the relationship with customers. Even though automated emails and chatbots; can benefit customer support, users have shown that they want to interact with humans whenever possible.

The 2019 CGS Customer Service Chatbots & Channels Survey found out that 86% of American customers prefer to talk to humans over chatbots. With Live Chat, you can give customers personalized, warm assistance in an easy, user-friendly way. Besides, much like at physical stores, consumers are more likely to buy when they are treated well.

Conclusion

As we have seen, Live Chat has the potential to change Customer Care across many different industries, and your company shouldn’t be left behind. 

Live Chat can optimize many aspects of a digital business, and executives are increasingly aware of its importance. A 2018 survey from Bold 360 found out that 71% of respondents believe Live Chat will surpass traditional customer service communication channels by 2021.

If your organization has not yet incorporated Live Chat into customer service, it’s time to change that.

Arena; has one of the most complete Live Chat solutions on the market, and the best thing is that you can try it for free. 
Click here to access the free trial of our Live Chat and start answering your customers quickly right now!

How to build an eCommerce strategy with Live Chat

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The best retailers use Live Chat tools to inform and engage online shoppers. This post will show you how to use it on eCommerce and give examples of successful use cases.

Have you ever thought about what defines conversion on eCommerce? Most online retailers believe that the checkout process defines sales. However, many variables lead the customer to the purchase, so the conversion process involves much more than the checkout page.

Build an eCommerce strategy with Live Chat

In a messy and pulverized eCommerce market, where online brands are often competing for customers’ attention, it can be a struggle to lead users from research to purchase.

An excellent strategy to maximize sales and engagement could be through Live Chat. Look at the most successful online services – from marketplaces like Amazon to digital retailers. You’ll see that all of them have a Live Chat window in their webpages and applications, where they offer the possibility to talk to customer support or sales agents.

Beyond just a convenient button, Live Chat serves as an essential touchpoint with the customer across the decision-making process and after the purchase. It’s as if brands are transposing the classic tagline “How can I help you?”, the cliché of physical retail, to digital spaces (but in an organic, non-intrusive way). 

In the age of immediacy, digital marketers and salespeople need tools that help them quickly respond to customers and solve problems more dynamically. In that sense, Live Chat can be a great option for companies who want to professionalize their eCommerce operations.

In this post, we will explore:

  • The concept of Live Chat
  • Examples and use cases of Live Chat in eCommerce
  • Specific benefits of Live Chat for eCommerce
  • Using Live Chat beyond Customer Support

What is Live Chat?

Live Chat is a tool that allows customers to comment and interact via messages directly on a company’s website, usually while browsing products and viewing content. The Live Chat is generally presented as a window in the page’s corner or as a pop-up button. It can sometimes be hidden in the customer support section.

Live Chat makes communication between brands and their customers much quicker and organic as it emulates messaging platforms. That is crucial for brands that want to build more personal connections with clients. 

Also, Live Chat allows users to speak directly with companies, without having to reach them by email or phone, for instance.

One of the main benefits of Live Chat is that it allows multiple interactions in a single web interface, which is vital in the age of digital multitasking. According to a study from E-Consultancy, 51% of customers prefer Live Chat to other channels precisely because it allows them to multitask. 

Sales and customer success teams typically use live Chat to provide customers with support and personalized answers in real-time. It can be used by companies in different sectors, from marketplaces, online retailers, entertainment, and media companies. What varies is the person behind the live Chat.

If you run a media company, you might have editors commentating live events and sales reps behind the Chat offering subscription services. Now, if you run a fashion eCommerce, for example, you might have a customer support professional offering to help with product and shipping information, and so on.

Why using Live Chat in eCommerce

When it comes to the experience in eCommerce websites or marketplaces, customers want more than great products and a neat catalog curation. Interactivity has become a key element of shopping, and customers want the chance to have their problems and doubts solved all at once if they can. 

That’s where Live Chat comes to play. It can boost your eCommerce strategy, improve customer experience (CX), and give your teams more instruments to convert customers and gather business insights.

Let’s explore a few benefits of Live Chat for eCommerce and how it can enrich Customer Experience.

Fast customer support

Online retailers know that the longer they take to answer a customer, the less likely they are to convert and stay loyal to the brand. The truth is nobody likes waiting for replies through email, SMS, and other support channels.  

Because Live Chat is instantaneous, it’s a lot more attractive as a customer support tool. A recent research suggests that it takes only 42 seconds for a live chat support staff to solve a customer query, which makes the customer experience (CX) much better. 

Human touch

In the age of automation and chatbots, a human approach to customer experience might actually give you extra points in the relationship with customers. Even though automated emails and chatbots can be a blessing for optimizing customer support, studies show that users want to interact with humans whenever possible.

The 2019 CGS Customer Service Chatbots & Channels Survey found out that 86% of American customers prefer to talk to humans over chatbots. With Live Chat, you can give customers personalized, warm assistance in an easy, user-friendly way. Besides, much like at physical stores, consumers are more likely to buy when they are treated well.

Non-intrusive

Unlike other communication channels, Live Chat shows customers that the brand is available to help without disturbing customers’ attention. This non-intrusive approach is crucial for a customer-centric strategy and shows respect for customers’ time, which might help them reach a purchase decision.

Integrated shopping experience

If your company sells products online, you know how complex communication with customers might be. Let’s say a customer just checked out of your website and realized he registered an old shipping address. 

Traditionally, they would have to leave the website and reach out to the right customer support email address or phone to solve the problem, something that could take a couple of days to resolve.

Live Chat, however, can remove this type of friction by integrating the communication cycle in real-time, which is smarter and more effective than executing communication through different channels. 

Besides, E-consultancy shows that 29% of customers want to be in control of the conversation with brands, and Live Chat gives them that. 

Improve Conversion rates

While offering customers rapid solutions to their queries, Live Chat can speed up the decision-making process and improve conversion rates. A study by Emarketer found that more than 60% of consumers would return to a website that offers Live Chat, and more than 79% of consumers feel that having quick answers impacts their buying decisions.

Make personalized offers

While Live Chat is great for solving transactional problems in eCommerce (related to payment and orders, for instance), it can also be a great channel for offering product recommendations and special discounts. A study by ATG Global Consumer Trend found, for instance, that more than 90% of customers think Live Chat was helpful for them while shopping online.

By offering customers personalized recommendations or coupons, brands can use Live Chat to get them out of “research-mode” and convert them into actual buyers. Ecommerce players can also use it to upsell frequent customers. 

Optimize customer support costs

Live Chat represents a cheaper and effective way to communicate with customers from an operations standpoint if compared to call centers. With Live Chat, you don’t have to put your customers on hold, and a few representatives can talk to multiple customers at a time. 

Increase Customer Satisfaction and Loyalty

Every marketer’s goal is not just to convert customers, but to make them satisfied and loyal to your brand, so they always come back. Ultimately, customer satisfaction is related to customer convenience. 

An eDigital Research survey found that 73% of customers who used live chat support for online shopping were highly satisfied and willing to come back for future shopping. Another study by J. D. Power discovered that overall customer satisfaction was higher when customers used the Live Chat window than in other channels. 

Examples of Live Chat in eCommerce and digital platforms

If you look at the digital landscape, you will see that many highly regarded brands have used Live Chat to enhance their websites. 

Still having trouble visualizing how Live Chat can be incorporated into eCommerce? Let’s see how successful digital platforms and retailers are using it. 

Amazon

One of the global references when it comes to marketplace and eCommerce experience is Amazon. They offer Live Chat options that allow users to chat with customer support specialists about account details, orders, and shipping processes. 

The customer can choose the topic he wants to chat about (memberships and subscriptions, ordering and shopping preferences, Login & Security, etc.) before being redirected to a specialized support agent. 

PlayStation

Can you imagine how many customer queries PlayStation, from Sony, receives in its customer support channels everyday? Probably loads of them. In order to make communication with game players easier, the company has Live Chat rooms linked to its webpage, whereby customers can chat with support agents about things like account access, game purchases, and charge refunds. 

Apple

Among the companies that offer great user experience is also Apple, which has a real-time customer support team on Live Chat. Through the chat, customers can arrange a chat with an Apple expert who specializes in their exact question. Everything happens within Apple’s website, so the customer doesn’t have to worry about sending and waiting for emails and phone calls. 

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Shoply.tv

Shoply.tv is a project which was developed collaboratively with Arena, unifying a great live video solution with a powerful live chat tool. Even though some features are currently being developed, the results are already used by more than 2,600 clients around the world, and we’re still counting. Shoply used Arena Live Chat to develop a live video shopping solution that enhances customer experience by enabling the best sales and engagement tools.

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How to derive even more value from Live Chat in eCommerce

So you have learned that Live Chat has many benefits for your eCommerce operation. However, in order to effectively sustain its value, you have to manage it wisely. Here are a few tips to take advantage of Live Chat beyond customer support.

1) Share customer feedback with marketing teams

Insights from Live Chat can be useful for other departments, not just customer support and sales. Online stores can share customer feedback with marketing teams as well, just so they can make changes in their strategies according to what’s best for your audience. 

2) Integrate Live Chat leads to your CRM and Customer Data Platform (CDP)

Live Chat tools can also provide information to Customer Relationship Management (CRM) systems and be integrated into Customer Data Platforms (CDPs).

You could choose to add CRM contact information to your Live Chat tool, integrating valuable customer information that can be used by support and sales professionals during sessions with customers. 

By having all customer information available, you can reduce friction and improve conversions. After all, your team should focus on answering your users’ needs, without spending too much time searching for customer information.

A CDP, on the other hand, can use Live Chat information to determine customer profiles, products bought by single customers, and the value generated by chat conversations. It can also integrate Chat information to data generated by other channels and customer platforms.  

That way, your teams can follow up with the created leads, having access to easy conversion reports and reducing the friction between different data platforms.

3) Understand where users come from

One of the challenges for eCommerce players is to understand how their marketing efforts connect to online conversions in a granular and accurate way.  Talking about Live Chat, how can they track what led to a conversion in the Chat?

Some Live Chat tools allow you to connect the dots between chat sessions and the marketing sources that led the customer to the chat – whether it was a campaign, a keyword, or landing page.  You could integrate your Live Chat to Google Analytics for instance, and see a bigger picture of chat conversions and Adword campaigns that led customers to chat sessions. 

Such data is important to determine if your marketing channels are actually bringing people to your page – and how they are connected to your Live Chat. That allows companies to optimize campaigns more accurately according to the insights.

Want to try Live Chat on your eCommerce?

If your company still hasn’t adopted Live Chat support, maybe it’s about time to change that!

Not sure where to start? Arena has one of the most robust Live Chat tools in the market, and the best part is that you can try it for free! Access our free trial and get the best out of the Arena Live Chat.

GDPR: How using a CDP solves cookies problems

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The General Data Protection Regulation (GDPR) was created to give internet users more control over their personal information. Is your company working according to the law?

While you’re probably aware of the existence of this regulation, you may still not know all you need to about it. For example, did you know this law has existed since 1995? Yeah, and only in 2012 has it started being reviewed.

That happened because of the huge amount of data being generated nowadays. As a matter of fact, the foresight for the year 2020 was that 35 trillion gigabytes were going to be created. It makes sense that a project for data protection would start.

Approved in 2016, the GDPR is a project made in the European Union. However, it affects each and every country that has a connection with EU countries. That means anyone who buys or sells products or services with a country that is a part of the region needs to follow the data protection rules.

In order to make that job easier, many brands are appealing to the Customer Data Platform. This is a solution that works with Customer Data without breaking the law. To thoroughly understand how the CDP can help here, how the GDPR works, and more, keep reading this post.

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What is the GDPR?

With the growth of data usage came the need for some kind of regulation for brands to use information without becoming invasive to users online. Because of that, GDPR came into force.

As you can probably imagine, the main reason behind it is to protect the user and their privacy. Mainly because, with the amount of technologies nowadays, it’s so easy to gather data and use them to personalize ads and content. 

However, that only works if the user allows you to do it. If you send personalized offers for someone who has never even been to your website, it will feel like a privacy invasion.

With GDPR, the user or client has a guarantee of control over data collected. This means that the company needs to ask for permission to gather and store information about them. But, even more than that, the brand needs to make clear what kind of information is being collected, what it will be used for, how long it will be kept in storage, and who it will be shared with.

What about customers’ rights? To sum up what GDPR says about the subject, the client must have:

  • access to collected data
  • control to correct wrong data
  • possibility of data exclusion
  • access to review and deny automated processes using their data
  • visibility of data transfer to thirds

It does sound like a lot to keep track of, but it comes with a bigger reward: a trustful relationship between brand and customer.

What does that mean? Instead of looking like a privacy-invasor brand, it only communicated with the client according to what they alone decided to share with the company. Therefore, building their success through a highly tailored and excellent customer experience.

How do GDPR and CDP work together?

In order for the company to work according to GDPR rules, it needs strict control over the data they collect. They need to know where the data came from, where it is stored, how it is being used, who it is being shared with, and so on. Every single detail needs to be known.

So, this is where CDP comes into the picture:

The Customer Data Platform, CDP, is a system that does this thorough job with customer data. It collects, processes, and stores data that is relevant, useful, and clean.

Overall, the CDP is built to provide the company flexibility. In other words, even though it’s mainly used for marketing purposes, it can allow other software to have access to its information. 

Thus, the Customer Data platform does exactly what companies need, now that GDPR is out there. Since they need to know everything about the data, CDP is there for it.

What are some specific requirements of GDPR that the CDP is helping brands with? Here’s a few of them:

  • identify where data comes from
  • connect with other data sources
  • gather all customer data into a singular profile
  • correct data
  • document customer authorizations
  • manage and store data usage
  • privacy by design

Moreover, the Customer Data Platform is pivotal for first-party data collection. Something essential seeing that third-party data is becoming less popular by the day — which happens due to the lack of reliability in this type of information, that also breaks (most of the time) GDPR laws of data protection.

The use of first-party data is the goal from now on. With this, you can ask for permission of the user in the direct relationship of the brand website visitor.

In short, to work according to GDPR, companies have the option of not collecting data (kind of unfeasible in this day and age), collect less data than they used to, or use systems that work through those rules, like the CDP.

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What is there to know about the CDP?

As previously mentioned, the Customer Data Platform is the best alternative for brands that want to work with Customer Data while sticking to the GDPR.

It is a system developed to assist marketing teams, but it has grown into much more than that. That is, helping several sectors inside a company, like sales, customer support, and customer attendance.

For that reason, it has also become an essential tool to stand out from the competition while offering the best customer experience.

Through clear and reliable data collection, processing, and storage, a brand can custom content, offers, and ads according to both individual profiles and segmentation groups. Which, by the way, the CDP itself creates.

Additionally, all types of data are read by the software. Though it collects and gives preference for first-party data, it can also work with second and third-party data. What it does is select and separate what data is actually valuable for the company, putting it in storage, and what’s not. 

Here’s a detail to remember: it does this selection considering the regulation (GDPR).

Is there anything else you need to know about the CDP?

Of course there is. The CDP is a huge program that does a lot more than help you with GDPR. Inside its system, there is a client history. Thus, more than an individual profile per customer, it’s also possible to understand how each of them behave online — what kind of purchase they make, which products they’re interested in, etc.

What we really want to say here is that the Customer Data Platform meets your GDPR needs. Plus, it keeps you worry-free in relation to unreliable or illegal data usage.

So, even though we still would have a lot more to talk about with the CDP, let’s just highlight this: with this software, you only use information to personalize content provided by the client, him or herself!

And what does that lead to? A double benefit for the company: improve CX and brand credibility.

How to get a CDP?

You probably have no more questions left regarding the need of a CDP for accomplishing GDPR regulation. But you might still be wondering how to acquire a CDP solution.

The first step is simple: do your research.

Once you know what is in the market, you can easily pick a platform that will meet all your needs. 

You don’t need much more than that. Once you acquire the CDP, set it up and start using it. Simple as that!

Here at Arena, our platform is a guaranteed solution for working with Customer Data. With over a thousand clients, we know how to deliver what you’re looking for. Besides, we also have some other solutions to make your customer experience strategy go up the charts such as Live Chat, Live Blog, and Content Wall.

Now, back to our main topic, let’s see what’s next:

What are the CDP benefits for data usage in the GDPR era?

Along with some benefits already mentioned, like the complete work with Customer Data, there are other advantages that make the CDP complete software that any company should get.

For example, the possibility of all company employees to have access to the data — with due permission. Whether it’s a sales rep, customer support, or product developers.

Especially in the Customer-centric period we’re currently in, allowing every sector to have access to this customer data just makes the job easier and the strategy maintained with efficiency.

Now, there are three other reasons to have a CDP that are directly related to the GDPR project:

Low cost

In spite of not being the cheapest data control tool in the market, it does stand out as the most complete and provides the best price-performance ratio. One of the reasons that makes this possible is that the platform is already built and programmed without the need of an IT support team.

That is to say, you simply acquire the Customer Data Platform, make some basic configurations, and start benefiting from it. No need to hire a platform support team or anything like that.

Another thing: this tool is faster than others that work with data, such as the CRM. In addition, your goals will be reached easier and, likewise, faster with it.

Individual and unified profile

What happened before CDP came to the market was data duplication.

Let’s explain this better:

A system like CRM, for example, doesn’t have the capability of recognizing different actions made by the same client. So, if someone interacts with the brand through the website and then by email, the software thinks it’s two different people.

With the CDP, that problem doesn’t exist. It is built to identify and unify these actions into a singular customer profile. Thus, avoiding data duplication.

No matter how many interactions or where they take place, the platform will be able to understand it is the same person and gather the information in the same place.

Easy external access

Okay, so, we’re talking about how CDP is superior to other data collection systems. This doesn’t mean you need to get this platform and get rid of everything you currently use. Not at all. 

The Customer Data Platform has the ability to connect with other systems, so you can take advantage of all the data you already have by connecting your platforms and centralizing all data into one place.

Even more, if there is incorrect, duplicated, or data going against GDPR, the CDP can correct and/or delete this information.

This way, before you waste your current database, make sure if it’s worth it or not to practice this integration between platforms.

Moreover, other software that is not directly related to data collection could perform better with the help of a CDP database. Don’t hold back doing your research.

So far, you’ve learned some of the main tasks of a Customer Data Platform, but there is still a lot more to know about it. How about reading our ebook on the subject? The download is free and the knowledge is uncanny!

Ecommerce Customer Experience: how to optimize it

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A good eCommerce customer experience offers much more than just speed and ease: it fits customers’ preferences to increase their lifetime value and keep your churn rate low.

It’s no secret that people are shopping online more and more. With social distancing, the average customer profile has evolved and adapted to navigate and make eCommerce purchases.

Ecommerce has been a key channel in retail, marketing, and sales operations, to the point it globally represents three-quarters of the overall retail growth. According to Statista, eCommerce sales are supposed to reach almost $604 billion in 2021.

Whether eCommerce sales are made overseas or regionally, one thing is true: The customer is at its center, and offering an at-least-good customer experience is a basic requirement.

Still, that is not what we usually see these days. Regrettably, it is very common to find bad eCommerce customer experiences, such as buggy checkout processes.

Well, that’s no laughing matter. Losing a customer in the checkout process means you’re saying goodbye to the most concrete revenue you might be able to get.

Why is eCommerce customer experience so important?

Owning an inventory and simply selling it isn’t enough, especially in the competitive market we witness today. Products and services aren’t differentiators anymore—but good eCommerce customer experience is.

An eCommerce experience refers to the quality of the interactions customers have in digital stores.

To achieve acceptable levels of quality, the user interaction should match customers’ expectations and provide them with fantastic eCommerce customer experience—there is where its importance lies.

Customer experience decides if you’re selling or not—literally—when it comes to eCommerce. 

The following statistics, provided by CX Central, make it clear:

  • After going through a poor experience, 89% of customers say they have stopped buying from a brand
  • Customer experience is overtaking price and products as a key brand differentiator
  • Eighty-six percent (86%) of customers are willing to pay more for a better customer experience
  • In general, 61% of people have a better opinion of brands when they offer an excellent mobile experience
  • Around 25% of online shoppers leave the website without paying if they find the website navigation too complicated

As you can see, offering a bad eCommerce customer experience is the way to chaos. Simultaneously, a good eCommerce customer experience is the way to customer engagement.

But how can you avoid being in the bad eCommerce statistics?

Keep in mind that every and each eCommerce operation should be built considering how the customer feels throughout the buying journey. 

If customers feel bad about your brand while on your eCommerce, they won’t hesitate to open a new tab and search for your competitor quickly. Competition is a few clicks away.

This means you have to offer a seamless, intuitive, eCommerce customer experience.

What makes a good eCommerce customer experience?

A good eCommerce customer experience should allow your customers to move through your online shop with speed and ease while matching their personal preferences.

This might differ from customer to customer – that’s why it is important to know them deeply.

In case you’re in doubt whether you’re offering a great eCommerce customer experience or not, there are a few KPIs that can help you get your answers.

We know a large portion of customers abandon the cart because that’s how they browse eCommerce. 

Still, according to Baymard, the main reasons for cart abandonment during checkouts are too high extra costs (50%), eCommerce demanding customers to create an account (28%), and too long checkout processes (21%). 

Another interesting statistic is that customer retention in eCommerce is 5X cheaper than acquisition. 

This suggests that keeping your customers and increasing their Lifetime Value (LTV) is a great way to keep ROI coming back to you. If your customer LTV is good, you might want to keep it high to benefit from consumers’ engagement.

With this in mind, we’ll move forward to some eCommerce customer experience trends that are extremely promising for the upcoming months.

1 – Personalization

You wants your customers to feel like you care about them, right? 

The best way to ensure them you do is to offer them interactions that match their context.

By basing its campaigns on factual data, eCommerce can deliver highly personalized and relevant offers to customers throughout their lifecycle and buying journey.

This means more accurate product suggestions, tailored loyalty points, smart follow-up emails, and more, to guide your customers more easily in the journey.

Please pay attention to the fact 71% of consumers express some level of frustration when their shopping experience is impersonal. On the other hand, 80% of them are more likely to buy from brands that offer customized experiences.

Tailoring a specific eCommerce customer experience based on customer data is no longer a futuristic idea. It is here, and people are demanding it.

2 – Flexibility

Customers expect to buy from anywhere at any time. This means providing them with:

  • A wide variety of paying methods on the checkout page
  • Search bars so customers can quickly find products they’re looking for
  • A small number of input fields in the checkout process
  • Fair price policies that don’t scare buyers away

Are these all? In fair honesty, they aren’t. Granting your customers with flexibility goes much further, and it starts with understanding what their preferences and hopes are.

The omnichannel market, for example, is growing at an impressive speed due to customers’ need to create deeper connections with brands as fast as they need to.

Whether customers want to shop online or to go in-store and have their package sent to their houses, omnichannel embraces countless opportunities across digital platforms and physical operations to deliver customized customer experiences.

This creates a competitive advantage and levels your eCommerce customer experience up.

3 – Human connection

The average Americans see from 4,000 to 10,000 ads daily. This massive advertising has contributed to making customers feel overwhelmed and make them harder to reach effectively.

When getting involved with brands, customers need to understand root-causes to allow an emotional connection. 

This isn’t something that paid ads can tell them, so eCommerce needs to take a step back and focus on organic storytelling techniques.

By focusing their attention on unique, personal brand experiences, businesses can upgrade their marketing campaigns and shopping journeys to build an outstanding eCommerce customer experience.

How does that affect your eCommerce directly? Well, this is a fantastic opportunity to use videos and live content to tell your story in an appealing way to attract and retain customers.

This is also a sign you should focus on more effective human support. 

For example, as much as people don’t mind being served by chatbots, 73% of customers still love being supported by friendly representatives who provide excellent service.

4 – Convenience

Convenience is the key to a good eCommerce customer experience, so fast and free shipping is about to become a brand differentiator.

Hitches and slowness aren’t allowed anymore and might push the demanding, time-sensitive customer away.

Let’s say your marketing team has invested time and money in delivering a campaign to attract customers to a unique sales promotion.

However, as soon as the customers engaged with your campaign get to your eCommerce, they catch themselves face to face with slow loading times, confusing pages, and unclear product descriptions.

Let’s also imagine that, as soon as customers put the products in the cart, the price previously exposed to your eCommerce suddenly increases.

Bad news: You have just wasted all the money your company invested in an effective acquisition campaign.

Studies say 14% of customers percent will begin shopping at another site when waiting for a page to load. Imagine how negatively this can affect your churn and conversion rates.

By neglecting convenience, there is a high chance your metrics towards digital initiatives might not perform the way you’re expecting them to and indicate opportunities you’re losing in the business.

Ways to improve eCommerce customer experience

There are many ways to improve your eCommerce customer experience once you decide to invest in meaningful customer-centric experiences.

One thing is universal for picking and implementing the right technologies to optimize your eCommerce customer experience: your improvements must be data-based.

This means every page and feature on your eCommerce should rely on vital customer information, such as what type of interaction your consumers prefer depending on the journey stage they’re at.

For example, have you ever considered developing a solution that allows your customers to buy from you while driving? Or delivering your products to consumers’ vehicles and other appliances?

Perhaps one of the above might make huge sense and generate even more value to your customers. But you’ll only know for certain if you rely on trustworthy customer data.

This is such a trend that customers will agree to sell their information to brands they choose. 

Whether it is their in-store movements, their location, or online browsing, customers are aware data access is essential to create personal experiences—and they’re counting on you to use it wisely to reward them with the best eCommerce experience ever.

Many eCommerce leaders and professionals worldwide have been doing that and benefiting from Customer Data Platform outcomes to personalize and elevate their eCommerce customer experience.

Improving your eCommerce customer experience with a real-time engagement platform

In the process of improving your eCommerce customer experience, you should strongly consider a few tools to help you build the best user experience.

Arena’s real-time engagement platform is the choice for you. It is equipped with Live Blog and Live Chat that can easily be embedded into your eCommerce to generate leads, increase engagement, and boost your revenue.

Keep reading to find out how both tools can optimize your eCommerce customer experience. We highly recommend checking out how Shoply leverages Arena for their Live Shopping experience.

Live Blog for eCommerce

A Live Blog is a new way to blog that embraces live content to a real-time audience.

When you live Blog, you combine different post formats and sources to create a refreshing coverage feed with the latest news towards an important event in your field. 

Live Blogs are huge in many sectors, such as sports, elections, protests, and conferences. However, these powerful engagement platforms can do much more, especially when we bring your eCommerce to the scenery.

Could you Live Blog a product launch? Sure! Could you live Blog a new promotional sale? Yes! Could you live Blog a special gathering for your loyal top-level clients? Absolutely.

Live Blogs transcend the way blogs have been building content over the years and should be adopted by eCommerce’s that care about the content they’re providing customers with.

Live Group Chat for eCommerce

Have you ever considered working on your eCommerce to embed tools that promote customer real-time interactions 24/7?

Live Chat Groups are an amazing option to achieve that!

As the name suggests, Live Chat Groups are chats that can easily be implemented on eCommerce to allow real-time conversations between your customers and representatives and your customers alone.

By implementing one on your eCommerce, you allow new types of interaction that add on more credibility to your pages and don’t make your customers wait for a response when customers reach out for you.

Live Chats have been used by support and sales teams for years, but now marketers have opened their eyes to its potential to engage and offer excellent customer experiences.

The advantages of Live Chat Groups are:

  • Availability: Consumers want businesses to be available 24/7, and Live Chat Groups are always there to prevent your customers from waiting for a response
  • Support: Sales representatives use Live Chat Groups to give customers great support, whether they’re in the checkout process or in doubt about a specific product
  • Real-time engagement: Replying quickly to customers should spare you the chance to leave them without an answer and lose them to other eCommerce on your field
  • Lead generation: Want a fast, simple tool that collects customer data and lets you smoothly guide shoppers through the customer journey? Live Chat is the answer!

As you read, consumers are expecting your next eCommerce customer experience move

We know how fast you need to implement changes that will give you quick and remarkable results. 

That is why we have decided to let you download our engagement platform for free and get started as soon as you want!

Start now and add Live Chat and Live Blog to boost your eCommerce customer experience!

Reasons you should work with a CDP (Customer Data Platform)

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Why should you invest in a Customer Data Platform? They are revolutionizing the business market, and there’s a reason for it. This system gathers all customer data into a singular font and creates a supreme tool to gain a competitive edge by providing unique and excellent CX.

The future of marketing is working primarily with customer data. This is already happening and has been occurring for a few years now. Data can talk about identity, contact, and even demographic information. But most importantly, online behavioral data is the factor that really makes a difference in understanding how to converse with the audience.

On top of that, data also generates knowledge about the market. So, more than getting to know the consumer, you understand better how to position the brand to attract the public’s attention. Working around the consumer requires a means to control all the information received. As consequence, the Customer Data Platform software was developed.

The CDP system gathers data from all available sources and organizes it in a database. Then, marketing and sales professionals can easily access that information and work on content creation. Besides, it provides insights for campaigns and new products (or modernization of existing products).

Read on to learn more about the importance of having a Customer Data Platform and how it helps businesses grow.

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Why is the Customer Data Platform so important?

A Customer Data Platform is a software designed to collect online and offline data. It deals with three main objectives: collect, analyze, and execute data. Though it was specially developed for marketing teams, it can still be used for other sectors inside a company.

With the organization of all available data, a marketing team’s work will be a lot simpler. By the way, the information contained inside a CDP comes from various sources: website, in-apps, social media, etc. One of the reasons the Customer Data Platform was created was to have all of the data generated from multiple sources gathered into one singular system.

The aim of putting together all information available about customers is to understand them better. The importance of knowing your consumer is undeniable, and the CDP can create an ideal consumer profile from the data collected. 

This means marketing teams have a goldmine in their hands. From the information found within this software, these professionals will know exactly who to talk to, how to speak, and even the best time.

Also, Customer Data Platforms work with real-time data collection. In other words, it gathers data from the first interaction of a user with the brand — whether that’s a visit on the website or an engagement on social media. And it’s not only about the information they share with the brand, like names and emails. So, even if that user doesn’t share anything at the start, their online behavior is already being stored.

It’s worth mentioning that everything is automated in the CDP, from the collection to analysis and database storage. Therefore, marketing professionals have to access the system and start creating content and campaigns.

Why work with customer data?

The reason to acquire a Customer Data Platform for your company is to work with customer data. In this scenario, you can pretty much ask yourself, “why to work with data collection at all?”. The answer to that question could not be more clear: to provide a better customer experience.

Have you heard about the customer-centric strategy? That’s a method of putting the customer in the center of every decision which most companies use nowadays. The reason for that is simple: customers are more demanding than ever before. 

Because the internet has so much information available, it’s harder to create a product or service that will make a person become a customer. Or, even more, make a customer loyal to the brand.

The only way to get to know the consumer and succeed in giving them the best experience is customer data. That is, all the information a company receives from the interaction with a client. Since these are known facts, working with them avoids speculations that could be way off the real deal.

Additionally, some benefits of managing customer data include better segmentation, personalized communication, broader audience understanding, an increase in revenue, and humanization of the brand. 

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That last item is related to what a customer expects from brands. They want the brand to connect and engage with them — just as much as the company wants their audience to interact and communicate too. Customers value their overall experience. It’s much more than only the purchase of a product.

To have a more appropriate data organization, companies invest in platforms that assist in analysis and make their daily work easier. These can include CDMs, CRMs, and CDPs.

What are the types of data?

Of course, to comprehend the best solution for your purpose, you might need a little more information on the types of data that can be collected. Because of that, here’s an explanation about what cookies are and also first-, second-, and third-party data.

Cookies

Cookies are probably the most famous type of data. It’s actually a package of data the computer receives when you first access an online page. After the cookie is on the PC, it will continuously send information to the company every time you access their pages.

More than tracking activities inside their website, cookies also have the function to store information that makes navigation more practical. For example, login and passwords — also called authentication cookies. 

Session cookies and tracking cookies are also varieties of cookies that gather when visitors are active, and the number of visits made to the same page, respectively. In addition, they have an important role in saving information for eCommerce. To clarify, if there were no cookies, shopping carts would be reset every time someone left the page to look for more items.

Even though they are so useful, their minute in the spotlight is coming to an end. Mainly because of privacy issues, cookies have become a concern for the audience. For that reason, browsers have decided to end the support of using cookies. Since cookies’ future is basically non-existing, companies are already looking for new ways to gather and access customer data.

First-party

This is the data collected straight from the relationship between customer and brand. Every piece of information gathered by the company itself can be classified as first-party data. It can be generated from monitoring the website, marketing campaigns, social media, etc. But also from website analytics platforms, CRM systems, and business analytics tools. 

This is the best type of data to work with. It’s the most trustworthy and reliable data. More than that, it’s also confidential data — since you are collecting it directly from your consumer, no other company will have that same information.

Of course, if there is no customer-brand interaction, no data about that person will be collected. That’s not exactly a downside, but it’s important to mention. That way, if your goal is to expand your audience, first-party data isn’t so recommended.

Second-party

Despite not being so talked about, second-party data is real. It’s essentially first-party data from another company. The idea is that you create a communication with a brand that has the same niche, but different products. Seeing that you’re not competitors, you can share each other’s first-party data and expand the brand’s audience.

This agreement between two companies can be an excellent means to improve your audience targeting as well. Further to this, you might create a bond with a powerful ally in the market.

Third-party

Third-party data can be used for the same purpose as second-party; however, it comes from a different source. That is: the information is bought from an external data provider.

Usually, companies that work with an incredible amount of data can decide to sell this information for other companies. Like most things in life, there are ups and downs. The positive point about buying customer data is that you’ll have a lot to work with, grow your audience, and practice better targeting. Moreover, purchased information is wide-ranging and can be used for several purposes.

On the other hand, this information is not exclusive. There are high chances of your competitor ending up with the same data package as you. This data isn’t so reliable since you don’t know where it came from and from who it is — the information is anonymous. Lastly, there’s also the chance of violating data privacy regulation.

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How to use data-driven marketing with a Customer Data Platform?

The primary intention of using customer data is to manage marketing strategies. This has become so huge these days. We even have a new expression in the business world: data-driven marketing. This is about creating a better experience and communication for the customer through data collected. Sound familiar?

A Customer Data Platform brings some benefits to the company that wants to practice data-driven marketing. For starters, the capacity of originating their own database. This gives the brand more control of sources and customer privacy. Easy access to information and anticipation of customers’ needs also get on the list.

The software will also have processes automated, meaning it’s easier to understand what data is essential and what can be left aside for the moment. As previously mentioned, each type of data is good for a specific strategy. Do you want more audience engagement? Get some first-party data. Do you want to expand your audience? Then work with third-party data.

Nonetheless, if you want to stand out in the market, use a combination of both types of data. That’s the most powerful tool you’ll have in your hands. And you know how it’s called? It’s the Customer Data Platform.

Why should you work with a Customer Data Platform?

There’s a whole list of reasons any company praises growth and customer satisfaction should acquire a Customer Data Platform. Some of those include:

  • knowing the consumer
  • improving relationship and engagement
  • creating tailor-made content
  • avoiding data silos
  • improving ROI
  • boosting predictive marketing

Coming from a wide variety of sources, the compilation of first-, second-, and third-party data into a singular system allows the Customer Data Platform to create the ideal customer profile and also unified customer profiles. Both of which will assist in a brand’s communication strategy.

More than that, the CDP works with real-time updates and connects online and offline data. Can you think of a complete database than this? Acquiring this solution will guarantee you better results in marketing campaigns.

Of course, a Customer Data Platform can be used as more than a marketing tool. It can help sales teams, product development, customer support, and pretty much all company sectors. Arena offers a CDP solution so you can work towards all your goals.

That being said, we want you to thoroughly understand what we do and how to use a CDP to your advantage. Because of that, we’ve created an ebook to explain more about it! 

Download it for free now: Customer Data Platform 2020: the future of marketing and sales.

How to Improve eCommerce Customer Experience

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Satisfaction is the word of order. To reach it, the customer experience (CX) for your eCommerce must be on point! Read on and discover how you can improve yours!

All eyes are on the customer now. Whoever dedicates strictly to price is faded to be eaten up by companies serving one moment.

Consumers are more demanding than ever before. Online shopping has become an ever-growing search for the most positive and memorable experience.

On the other side, eCommerce needs to understand its own customers to offer what they really want to get.

So, the faster you assimilate what your brand must do, the bigger will be your returns. Follow up and start right now!

Why is Customer Experience so crucial to eCommerce?

The relationship established between the industry and customers is not supply and demand anymore. It goes far beyond selling. This is a Customer-Centric era! Besides offering an excellent service or product, you must serve a memorable experience, adding value not only to your merchandise but to your whole brand legacy.

Since your company is directly competing with other names offering the same item, with the same level of quality, and the same price, providing an excellent experience to the customer has become the way to stand out, especially in eCommerce.

It is necessary to understand the needs and explore them, making sure satisfaction is present throughout every step of the buyer’s journey.

Dive in your customers’ minds, know their personality, treat them as individuals, be empathic. No one likes to be ignored or mistreated. After all, satisfied customers tend to buy more, put great referrals out there, and positively qualify your company.

How can your eCommerce improve Customer Experience?

The customer experience begins long before the purchase and ends, well… that depends on how deep is their connection with you. Also, aspects including the longevity of the product or service and, most importantly, the degree of emotional involvement to your brand are determinants.

The process of customer experience can start with a personal dream, desire, or status someone seeks for. Whatever is the trigger, customers will join a journey craving for more information to make a dream come true.

With all the accessibility and variety of information provided out here, you must be fully ready to catch their attention at the first click on your eCommerce. They will find out everything about your product or service before addressing any salesman.  

They will build expectations, imagining themselves owning your product/service, feeling the sensation, the joy, the happiness. That is why the entire process has to be flawless. Your customer is preparing their life for that purchase moment.

Although, if they go through any bumps along that ride, anything that negatively influences them, their minds can change in a second, and your eCommerce will lose a sale.

What are the best practices?

Since the idea is to generate a level of satisfaction that your customer will come back to you for any time they need something, here are some best practices you’d better know.

Listen to your customer

A Customer Data Platform (CDP) is responsible for gathering, in one place, the entire database of your company. For eCommerce, this functionality is particularly useful, as it helps to increase lifetime value (LTV) and decrease customer acquisition costs (CAC).

Integrating multiple touchpoints is essential to boost consumer loyalty, increasing the relationship between the brand and the customer. A CDP can integrate all customer data sources through a clean and unified registration system.

By that, marketing and sales can create campaigns with even more personality for your client. With a unique approach aiming for customer experience, it is possible to increase conversion chances, maximizing the average ticket without having to acquire new clients.

When crossing complementary information, it gets easier to identify different customer clusters. For example, you can build a segmentation for those who add products to the cart but leave before buying and those who purchase and may be open to new experiences on your eCommerce.

Holding those types of information, strategy becomes more curated, and ad campaigns get more effective. Then, investments can be directed to where it matters instead of giving blind tries and wasting money.

Put empathy first

We can immediately say that being empathic to your customer makes your eCommerce service a personalized, opening space for the exclusive.

We have mentioned a few times here in our blog that the customer knows exactly when someone is pushing them to buy something ––, and you do not want to be that person!

Letting the audience know your products or services are designed by excellence also includes how you connect with them. By serving empathy in your day-to-day, you make the buying process more flexible.

As a result, your customer will understand you are solving their particular needs, and not just making another regular deal.

Create relevant engagement

Customer experience for eCommerce is a 100% induced process. Your strategy team is in charge of building the most extraordinary journey. A golden tool to accomplish that is Live Chat.

A professional Live Chat solution allows you to monitor, in real-time, how many visitors are on your eCommerce and what pages they are browsing and products they are looking for. It is also possible to know if they are evading the buying process to make a proper intervention to reverse the situation.

Those proactive Live Chat invitations break the barriers of reactive positioning –– when your brand waits for the customer to call you. Approaching visitors in real-time completely changes the dynamic and the relationship between sales and customers.

By acting proactively and showing you are there, available at any time, you have better chances to enhance eCommerce’s customer experience.

It turns essential to mention that every step of this type of engagement is strategically designed to be data-based. There is no guessing or trying in the dark. Unexpected behaviors here can instantly ruin the deal.

Prepare your teams

Another great way to provide a better customer experience for eCommerce is by investing in proper training for your support team. Courses, workshops, digital content: there are plenty of ways to educate and create better service.

It is also fundamental to listen to your team’s reality, encouraging them to share their perceptions, give feedback, and improve the process along the way.

Establish a safe and open communication channel between you both. After all, a significant part of your success depends on them.

Simplify the buying process

Having your customer behavior mapped, you can identify –– or even predict through data –– some crucial details, especially when it comes to the buying process itself.

When you anticipate their common desires, you can display items or services to enhance their experience on your eCommerce and offer a smooth process to do business with your company. You improve the chances of higher revenue.

What metrics to measure about CX for eCommerce?

When we talk about customer experience for eCommerce, some important metrics work as a compass to indicate whether you are on the right track to achieve your business goals. They must be closely linked to the macro strategy, so the results operate as a cascade.

It’s worth mentioning that many managers focus excessively on operational activities indicators, such as the number of e-mails or social media posts.

Those are also important since you can measure teams’ productivity. But without the correct data analysis of performance, it is likely you are all wasting time and money.

General conversion rate

This one probably is very familiar to you. Also, a fundamental metric to evaluate how the customer is experiencing your eCommerce. The conversion rate index usually can point out bottlenecks on your website or strategy.

Aspects your team would not figure out quickly, demanding users’ behavior to identify it correctly. Gaps can be extremely dangerous to the entire process, causing exit spots before the purchase happens.

Shopping Cart conversion rate

A must-have indicator for eCommerce, this one measures when some products or service is added to the cart, but the visitor abandons the process before concluding the sale. By analyzing this metric, you can identify which stage they are evading.

That way, your teams can use tools like real-time updates, provided by the Customer Data Platform, to comprehend why it is happening and how to revert it. Also, you can still create a powerful retarget campaign using CDP to bring them back for those lost customers.

Net Promoter Score (NPS)

When it comes to measuring customer satisfaction and the possibility of making good referrals, Net Promoter Score (NPS) is one of the best known. A typical example of NPS is the following question: “How likely are you to recommend us on a scale from 0 to 10?”.

This metric can be used as a starting point for products or services standardization entirely based on data and customer experience.

As a business manager, the questions approached by NPS are essential to be solved. After all, you know if the customers aren’t satisfied with what they’ve received, chances are, they’ll get frustrated.

Customer referrals

The buyers’ journey is cyclic. It is not enough to have the right products and serve well anymore. The environment built by you must provide a prime time through every single step of customer experience.

When potential new customers see how your brand has been transforming clients, it kind of creates a shortcut between consideration and decision-making. For example, social proofs reveal the opinion of real individuals about the connection established with you and your service.

It could be a testimonial, a demonstration, photos, or even a five-star evaluation. The more referrals your customers put out there, the more authority your brand gets. And even though it may be not easy getting people to spend their time writing something positive about you, it is ok to offer some motivation in return, like a coupon or a gift.

What are the positive results of CX in the checkout process?

To earn customers trust and make them feel safe to close a deal, the checkout page has a massive role in it. From the beginning until the end, your customer experience for eCommerce must be consistent and cohesive, exuding security throughout the journey.

Withdrawals mostly happen at the checkout stage, whether it’s because the page is complex, or demands too much information, or because there are patterns the customer may not feel comfortable filling.

Picture yourself going through your checkout page:

  1. How simple and objective is it?
  2. Are the main points of the information displayed clearly?
  3. Is your checkout browsing intuitive?
  4. Can customers quickly understand that it won’t be too long?

Questions like those enlighten how your checkout page should be constructed, focussing on customer experience.

Here, a bonus tip is to always pay attention to the type of devices being used to access your pages. If you neglect the sources, you will be shutting down several entry doors. You can get that information using the Customer Data Platform.

How can CX generate more revenue?

Nothing can push customers away more than a bad experience. Therefore, to ensure technological innovations lead you towards better results, more profits, and brand loyalty, eCommerce’s customer experience must count on the right tools. Arena’s customers in the eCommerce segment, like Shoply, are already reaping the profits from offering an enhanced Customer Experience.

Just as your customer wants to keep it simple, yet meaningful, so should you when it comes to how to do it. That is why Arena gives you the most fantastic alternatives.

The first one is the Customer Data Platform. This is, by far, your ultimate top option. Every piece of data you need to create the best customer experience for eCommerce is on CDP. Click here and understand how it can increase your sales! Also, you can have a Live Chat solution for free on your website in three simple steps! Within minutes, get this powerful tool right now and boost customer experience on your e-commerce.

The secret to real data collection: why is a CDP key to your business

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Using a CDP is extremely important these days, but just as important is the need to understand why you need it. It’s more than collecting real data, it’s about how you chose to use, such as to improve your business.

Knowing who a brand’s audience is the most significant purpose of a company. It’s the only way to recognize the best way to communicate, find your public, offer them your product or service, and so on. Because of that, from the early years of the internet ascension, customer data collection has been discussed.

Many software and platforms were developed to gather data to help companies better target their audience. However, data collection can be a delicate subject regarding privacy matters.

Indeed, a General Data Protection Regulation (GDPR) aims to give the public more control of what happens to their online data.

While it was extremely common for companies to gather data and sell to third parties, this is now a bit more complicated — especially when it comes to data originated from cookies. Although collecting customer data is still common and required in the market, brands need to be more careful about how they do it and what kind of data they have in their hands.

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A business needs to have accurate data to provide a better customer experience. This means that working with purchased cookies won’t be the perfect solution since they’re mainly anonymous data. For that reason, solutions like the CDP are becoming more notorious. They’re a way to work with real data, hence accurate information, and find the most suitable marketing and sales strategies.

To better understand the search for real data and how a CDP will help achieve that, here, you will learn more about:

  • what happened to cookies
  • what is the importance of CDP
  • why use real-time data collection
  • how does CDP influence a company’s strategies
  • how does this affect relationships between customers and brands

What happened to cookies?

It has recently come to our knowledge that browsers like Firefox and Google are suspending their support to the usage of cookies. These are the text files that store a user’s activity online. They can be used to save some navigation information and make the process easier. For example, automatically filling a website when you’re reaccessing it, or collecting login information for a page.

However, the primary use is to save data about a user’s browsing history, such as pages visited and browsing time. As we all know, having this type of information is essential for excellent performance in digital marketing strategies.

Because of that, browsers used to support cookies and allow companies to access a user’s information for as long as the cookie was saved on the computer. This means that personal and browsing information would be shared with each company’s website for the same amount of time.

When talking about this subject, we can think of both first-party cookies and third-party cookies. First-party is the information that a company gathers directly from the audience, while third-party is data united from various sources. Other companies mostly buy third-party data.

Though when a company purchases data from another one, information is anonymous. You can’t really know who that person is, and data might not be so reliable. Other brands can also end up with the same information you have since the data provider can sell the same data “package” to anyone.

Because of privacy matters and the GDPR (General Data Protection Regulation), cookies’ popularity has been going down. People started using ad blockers so they wouldn’t be bothered with ads after clicking a product.

Even more, when Google decided to suspend third-party data sharing through its browser, the cookies’ future became quite unappealing. Now, brands that want to work with customer data need to find new ways to gather data — and work primarily with first-party data.

Hence, the CDP comes to the rescue. A Customer Data Platform is a software developed for marketing teams to create more useful content and campaigns. 

What is the importance of CDP?

Since it is essentially a marketing tool, the main reason to use a CDP is to know the consumer better. Analyzing and understanding customer data and behavior is crucial to create accurate content. In general, the Customer Data Platform gathers information from a wide variety of sources putting the pieces together to create the ideal consumer profile.

The entire process of data collection and organization is automatized. So the software does all work to give professional marketing information ready to use. However, several teams can have access to this data. All sectors in a company might need some context from the consumers before dealing with their tasks, especially sales and customer support. Still, the products and engineer teams can easily use the CDP information too.

Having data centralized into a single platform is a peculiarity of the CDP. That’s because there were other tools before it that worked with data collection, like the CRM, but none of them were as complete as the CDP.

Further to this, in the era of data-driven marketing, the process of decision making inside a company must be made based on real, accurate information. Since purchased cookies were anonymous, data could be compromised. On the other hand, with a Customer Data Platform, real data is at easy reach.

Accordingly, the service generates better results through the personalization of communication. Businesses that are continually looking for ways to improve ROI can find their needs fulfilled with the CDP. Being a data-driven company and working with real data makes you one step ahead of competitors.

 

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Why use real-time data collection?

It’s not only about data collection, but mostly about real-time data collection. What’s the difference, you ask? Well, working with anything in real-time is an advantage. In this case, it means that the data collection software, such as a CDP solution, will start gathering information from a person’s first visit to your page.

For the company, it is a strategy for improving the promptness of a response and communication system. Therefore, improving every customer-related service in the company. It’s no secret brands use CDP to have better customer relationships, audience engagement, and audience targeting.

Moreover, it is possible to classify visitors into customers and qualified leads as soon as they access your website. Equally, having a database with real-time data makes it easier to take actions that are on the spot, allowing you to see where the current strategy is failing and what needs to be improved.

Overall, working with a CDP makes the company look active and worry about treating customers the way they deserve.

How does CDP data influence a company’s strategies?

Whatever product or service you provide, there’s no doubt you have competition. Because of that, brands need to offer the best solution and customer service at every moment. Nowadays, it’s hard to catch someone’s attention, but extremely easy to lose it.

So, even though a company should work to create a good reputation in the market, no matter what, aiming to be ahead of the competitor is necessary. After all, having a customer turn into a brand advocate is not easy, but highly relevant to a company’s strategy.

Consequently, it’s required to offer the best customer experience out there. For that, you must know who your consumer is, ergo, the use of CDP.

A Customer Data Platform can gather data from multiple sources, from social media and in-apps to sales engagement and product use. This is what makes the software such a unique solution, since the more information you have, the more accurate the ideal customer profile will be. From then, not only marketing strategies will be perfected, but also sales and customer support.

As professional marketing, you know it’s no proper working with guesses in any business. Thus, making decisions founded on real data will lead to several benefits — including the increase in audience engagement.

How does this affect relationships between customers and brands?

When we talk about acquiring a CDP solution, the main reason is to connect with the customer. Thus, it’s logical that it’ll have an impact on the relationship between customer and brand. Since it’s possible to understand and know the consumer thoroughly, it thereby becomes possible to make them more satisfied by providing truly personalized service.

When customers are more satisfied, they are more likely to recommend your mark to other people. With the right after purchase strategy and content, they may even become brand advocates. And why is this so important? For a company, it means a better return on investment and lowers costs with customer acquisition.

After all, it’s less expensive to retain clients than to acquire new ones. That’s why many companies started working with a customer-centric strategy as well. If there are no customers, a business can’t survive in the market. 

Arena is a CDP platform that will revolutionize your company. With our real-time data collection system, all marketing and sales strategies will be refined and boosted.

To better understand how that’ll happen, download our ebook Customer Data Platform 2020: the future of marketing and sales. It has everything you need to know about acquiring and using a CDP to make your brand a reference.

How Customer Data Platform is reinventing customer relations

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Using a Customer Data Platform is helping companies to focus obsessively on their customers and benefit from their engagement.

You need to know your customers—this isn’t any news. It doesn’t matter if you want to make them more engaged, optimize your budget for campaigns, or improve your ROI.

Customer accurate information is at the heart of every company and should be treated correctly to generate powerful outcomes from your marketing efforts.

If you don’t have a consistent understanding of your consumers, then all your strategies will likely go down the drain.

But how exactly do you get to act like you know your customers? The answer is simple: by managing their data.

To treat data thoroughly and reach your customer relationship goals, you might come across the need to use the right technologies. This is when the Customer Data Platform (CDP) walks in.

A customer data platform monitors and tracks multiple data sources to bring relevant information to a single hub that is easy to access and understand.

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Once implemented, CDPs collect, integrate, manage, and analyze customer data continuously. These automated processes help many teams to focus on solving complex problems that require a human brain. At the same time, a Customer Data Platform brings current, real-time data to be leveraged and turned into marketing master plans.

Why do companies use Customer Data Platforms?

Is there a reason why companies implement a Customer Data Platform in their business models? Yes, many.

According to Gartner, plenty of marketers look to customer data-driven strategies to deliver growth. For example, marketers invested two-thirds of their budget in supporting relationships with their customers in 2017 and 2018. 

Still, they have found the technology they were using to be frustrating—until CDP’s unique upshots came out as a solution to their problems.

A Customer Data Platform reaches out for several channels and concentrates real-time data in a single place your team can access whenever it is convenient.

This stimulates a collaborative work environment and speeds the pace of operational routines. Customer Data Platforms are also known for making marketers’ lives less complicated since automating workflows would take too many working hours to be accomplished.

The other reason companies use Customer Data Platforms is that they are much more than a simple database. According to the CDP Institute, the ideal Customer Data Platform should contain five essential capabilities:

  • Absorb data from any source
  • Give full details of ingested data
  • Store data without end and frequently
  • Create unified profiles (such as personas)
  • Share data with any system that needs it

All of the five skills above drive brands into having a vigorous understanding of their customer base by collecting and analyzing reliable data across their marketing channels.

What types of data does a Customer Data Platform assess?

The types of customer data assessed by a CDP can be quantitative and qualitative. 

In other words, by using a CDP, you will be able to figure out:

  • How to identify your customers, using personal data
  • How to interact with your customers, using interactional data
  • How customers expect to be impacted by experiences, using behavioral data
  • How your customers perceive your brand, using attitudinal data

The datasets above are being generated at all times in any digital environment and should be combined to create an unbeatable and absolute customer understanding.

But how do CDPs gather such different information?

They reach out to analytics reports, engagement measures, support occurrences, eCommerce metrics, and customer feedback (to quote a few), to maximize your knowledge and equip you with fast, accurate moves.

This is the main reason why CDPs are revolutionizing the way brands communicate with customers and vice-versa. They are an unlimited and underlying base for companies to create remarkable customer experiences and increase customer engagement in a way we have never seen before.

The effects of CDP in customer experience

A Customer Data Platform grants companies an invincible competitive advantage: passionate customers who keep being fed with reasons to remain brand loyal.

Historically, we can see customers have adopted technologies faster than the brands they interact with. This made companies try to embrace digital transformation technologies focused on customer experience to reach out to consumers where they are and how they want.

Expanding your brand’s online presence to talk to customers in multiple channels isn’t enough, in any case. Any company can create an Instagram account and interact with its audience then and there, right?

However, the ones that truly stand out are focused on delivering personalized, relevant, well-designed interactions that take place as soon as customers want.

Tailored customer interactions should happen anywhere, at any time. This is the main reason why organizations around the world are digitizing their business models. According to the Boston Consulting Group Research, personalization will drive an $800 billion revenue shift to the top 15% of companies that work best on it, in only three industries.

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I know what you’re thinking: that’s much profit for a small number of companies—and yes, it is. Even so, it sounds like a warning: companies that aren’t ready to turn personalization ordinary in their marketing campaigns, will be left stranded.

As you know, doing a great job on personalization is all about knowing everything there is to know about your customers and quickly activating your knowledge when needed.

Can you notice any coincidences between this goal and the usage of a CDP?

How CDPs are reinventing customer relations

Suppose you’re leading digital initiatives to deepen the relationship between your customers and your brand. In that case, you should pay attention to the changes CDPs are leading in customer management and how it differs from other popular marketing tools.

A Customer Data Platform is way more complete than a Customer Relationship Management (CRM) software.

CRM will tell you how to personalize and improve existing customer relationships. Meanwhile, a CDP will do that and indicate how you can promote products and services and what you should do to attract new customers.

With the new untapped potential CDPs unleash, companies are increasingly confident in meeting market changes and customers’ preferences. Hesitating in our competitive world is no longer an option, and data-driven marketing plays a vital role in feeding companies with unequivocal customer interactions.

Ahead, we have numbered a few ways Customer Data Platforms reinvent customer relations to inspire you and your team.

1. CDP enables segmentation opportunities

While it simultaneously optimizes strategies, a CDP provides companies with a 360-degree view of customers to act on an essential customer experience requirement: segmentation.

Segmenting customers by specific traits, behaviors, attitudes, and others is a fantastic opportunity to create tailored marketing touchpoints throughout their journey and attract them with meaningful content.

When based on data, segmentation is an unmatched growth engine that encourages customer loyalty and enhances profitability.

2. A CDP gives your interactions a personal touch

Similarly, you can not spell personalization without customer data.

Owning a Customer Data Platform will help you quickly access reliable information to customize customer interactions, making your consumers feel special, and long-term relationships feasible.

Many companies are using CDP for Customer Data Management. See below how their tactics connect with top-level personalization:

3. A CDP enriches customer relationships

There isn’t enough emphasis on how knowing your customers is essential for customer relations.

People expect to be treated accordingly to their visions as much as they wish to connect emotionally with brands. A single miscommunication can harm brand-customer relationships irreparably.

As soon as you have a panoramic view of your customers’ habits, preferences, needs, and issues, you should feel more confident in building specific touchpoints that elevate the customer journey and make customers want to hang around you for longer.

Owning a Customer Data Platform will also measure your customer loyalty programs’ effectiveness and help you find what groups of customers deserve attention according to their life cycle.

4. A CDP is agile

Agile methodologies are the perfect response to a world that is changing every day, every hour. CDPs consider our ever-changing environment and let your team access specific data whenever it needs, contributing to an agility mindset.

Agility layers can be used to shape CDP frameworks that adjust to your company’s infrastructure, turning data sharing into a reality. CDPs also absorb data from other internal systems, like CRMs and Data Management Platforms (DMPs), you might already have.

Apart from that, CDPs update in real-time. This allows you to assess micro-moments data and instantly operationalize it.

5. A CDP ingests data from any source

Your customers are everywhere these days, right? You can find them on social media, navigate your website, read your emails, download your app, and take a look at your physical store. The interaction possibilities between your customer and your brand are countless.

If truth be told, it truly doesn’t matter where your customers are and what they’re doing. Whether they’re reading your blog or using your chatbot, data is being generated at all times, collected from simple interactions to complex operations.

A Customer Data Platform reaches out to any source of information, from Live Chats to SEO, from blogging to Twitter, from customer loyalty to affiliate marketing programs to provide your company with everything you know about your potential and current consumers.

6. A CDP elevates digital transformation

Simply, a digital transformation process should rely on—and a lot!—on a Customer Data Platform.

By watching digital-native organizations, it becomes clear that many technologies can be embedded to digitize businesses.

However, it is worthless to implement technologies that don’t accurately connect with customers’ needs. Digital transformation starts and ends with the customer, transcending traditional marketing, sales, and customer service roles.

That being said, without a reliable Customer Data Platform, companies who are digitizing their operations will mostly fail to unleash the real potential of a digital transformation.

Digital-native companies have already built their business model based on data collection and responding to customers’ needs with high-level experiences.

These companies combine traditional marketing strategies, such as loyalty programs, with groundbreaking digital initiatives that connect with customers in real-time and engross their engagement.

Remember: It is crucial to direct your digital transformation efforts into interactions that engage your audience, and a Customer Data Platform is intimately related to that.

It taps into your databases to unify relevant information and operationalize customer knowledge, delivering targeted experiences that will delight and retain your customers.

It should also be stated that CDPs assist companies in taking a step back and revisiting their processes to leverage technology cleverly.

For example, Netflix was quick to turn its service into a scalable streaming platform that replies to customers’ demands. The now-sector-leading company could only reinvent itself because it took a very attentive look at customer data and responded accordingly.

Align your digital initiatives with the power of a Customer Data Platform

While IT staff has been skeptical for a while, digital leaders worldwide have been engrossing CDP in their workflows and getting amazing results from data management automation.

Not only has perfect treating data been helping these leaders come up with customer-centric solutions, but it has optimized their budget and turned manual work more effective.

Forbes Insights highlighted that 44% of surveyed organizations stated a Customer Data Platform is helping drive customer loyalty and increase ROI.

Arena serves customers from 120 different countries and sees firsthand how the fast-paced digital environment influences global market changes day after day.

That is why we work to build awareness for digital leaders and marketers to embrace Customer Data Platforms in their full potential and boost customer engagement.

In case you need to further your research towards the CDP role for the upcoming years, download our Customer Data Platform 2020: the future of marketing and sales ebook and take a deeper dive.

What is and how to do Customer Data Management CDM

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This guide will teach you how to use data frameworks to offer differentiated customer experiences and optimize marketing ROI.

It has been a few years since the buzz around “Big Data” started. Working with marketing in the media space, you probably hear your peers bragging about their data-driven strategies a lot. Do you consider yourself a data-driven marketer too?

Beyond marketing, modern CMOs have had to assimilate abilities in information technology and customer data management.  In 2020, you should expect most marketing teams to effectively use customer data to drive growth and customer satisfaction.

Getting there can be quite a journey, though. Research from the Dentsu Aegis Network from 2018, made with 1,000 CMOs, shows that to two-thirds agree that while there is increasingly more consumer data available, it’s harder to extract insight from it. 

Another report from Harvard Business Review shows that less than half of an organization’s structured data is actively used in making decisions, while less than 1% of its unstructured data is analyzed or used at all. 

Historically, companies have relied on excel sheets and on manually storing and analyzing customer data through different software, with little to no integration. No offense to excel and isolated systems, but things have changed.

The amount of customer data flowing to companies’ databases continues to rise through new channels and platforms, and that’s where customer data management comes to play. More than ever, organizations need a complete set of practices and automation tools to help them manage customer information.

In this article, we will talk about the importance of having customer data management on top of the marketing agenda. We’ll also explore the types of data, best practices for data management, and the role of different data software in data management.

What is customer data management?

Customer Data Management, shortly known as CDM, is the framework in which companies collect, track, organize, analyze and share customer data throughout the organization. 

The term “Customer Data Management” was coined in the 1990s, initially as a way to describe software that replaced disc-based or paper-based data storage. Such software was often used independently by departments within companies.

The concept of CDM evolved along with the Software as a Service (SaaS) industry and nowadays embraces a wide array of cloud computing applications that centralize access to customer data. It also embraces a set of methodologies that help marketers to locate, cross-analyze, and act on customer data.

Why marketers should invest in customer data management?

In a scenario where customers interact with brands through dozens of channels, there is almost no room for guessing and gut-feeling in marketing. Having a good hunch about what will engage audiences is not enough, and so the role of customer data management is to provide companies with accurate and actionable insights.

It reduces your chances of making mistakes, since mismanaging your customer data can lead to actions that will ultimately reduce engagement and profitability. Additionally, using customers’ data in a biased, inaccurate way can lead to poor customer experience (CX) and harm your brand. 

Good customer data management is key to building a data-driven culture and bolstering customer-centricity in marketing. Isn’t it everything you wish for? 

Data Management strategies can bring marketers a holistic view of customers’ journeys, connecting the dots between different channels, and offering cues to enhance their experience.

Customer Data Management is important for: 

  • Customer acquisition
  • Increasing retention and engagement rates
  • Knowing customers in detail and in real-time, from individuals to clusters
  • Increasing data quality by breaking data silos
  • Simplifying customer relationship management (CRM) 
  • Drive higher revenue

How customer data management is connected to customer lifetime value (CLV)

Having well-structured customer data management practices is what allows marketing teams to follow up on important indicators, like the Customer Lifetime Value (CLV).

Amidst a seemingly chaotic user journey – with different channels, devices, and purposes – customer data management can help marketers understand customers and guide them through the conversion funnel. 

Collecting and organizing relevant customer data will allow you to better segment your audience, find out behavior and buying trends, and drive personalized campaigns. As a result, marketers can ultimately attract more qualified leads and reduce customer acquisition costs (CAC) – improving overall marketing ROI.

But customer data management is useful only for marketing. It can help sales, IT, and customer success manages customer touchpoints. The great news is that every department can have access to the same data and deliver a consistent, unfragmented user experience.

Four Types of Data to pay attention to

Before trying to set up a data management framework, your team should have a roadmap of data types and specific information that can enrich your strategy, according to your business goals. 

We will now explore four data types and a few examples for each.

1) Identity Data

Identity data is collected through micro-transactions and interactions in the company’s channels – when a customer signs up for a newsletter or enters their payment information on the checkout page.

By collecting customers’ identity data, marketers have the minimum amount of information to start a conversation (and hopefully a long relationship) with the customer. Such information is also helpful to help companies build brand personas. 

Examples of identity data: Name; Personal data (date of birth, region, gender, etc); Address; Contacts; Social media profiles; Account data.

2) Quantitative Data

Quantitative data is mostly related to the customer’s decision making process as they interact with your brand. Such data covers different channels throughout the customer lifecycle, from emails and customer support channels to purchase transactions and social media. 

The idea is to understand the specifics of how customers are interacting with your brand through important operational data. You could use quantitative data to find out details about channel interactions and steps that led customers to convert.

Examples of quantitative data: Transactional data, such as the number of purchases, time of purchase and subscription value; Order dates; Cart abandonment and Bounce info; Click-through-Rates; Website visits; Product views; Number of Interactions.

3) Descriptive Data 

Descriptive data comprehend additional lifestyle information that complements customer personas. Collecting this type of data typically requires doing deeper research and interviews with customers in order to dive into individual buying behavior. Such data is pretty helpful if you want to use predictive analytics in your marketing strategy.

Examples of descriptive data: Family Data such as marital status and number of children; Lifestyle data, like hobbies and interests; Education and career data.

4) Qualitative Data 

Qualitative data should describe the motivations behind the customer’s actions. Gathering such insights might be more time-consuming and expensive than simply collecting quantitative data, but it is worth it. After all, tackling into customers’ deepest motivations is how you’ll captivate them.

This type of data is better collected on a one-to-one basis, mainly through the marketing teams’ interpretations of customers’ opinions throughout their journey – through analyzing CRM notes or reviews in websites, social listening tools, feedback questions, and Net Promoter Score (NPS) systems. 

Best practices in customer data management

An effective customer data management framework requires marketers to make human and tech investments, have well-defined processes and priorities. We have picked a few key practices involved CDM:

Data collection 

A lot of the data within enterprises go unused, and so data collection is the first step in building an integrated customer data management strategy. There are millions of data streams coming into companies’ systems from many touchpoints, and so marketers need to make sure relevant data doesn’t go to waste. 

It’s important to understand what data needs to be ingested. Ask yourself: What goals do I want to achieve with my marketing strategy? Which data points are directly or indirectly related to my Key Performance Indicators (KPIs)? From there, you can start filtering your sources of data and the indicators you will track.

Data Integration

Centralizing all company’s data into a central system is also vital for customer data management. That enables the “ETL Process”, which stands for “Extracting, Transforming and Loading” data. This stage is where you will check your data integrity, filter it, and validate it. 

A good data system will ingest relevant data, convert it in necessary formats and load it into different tools such as a data warehouse, a customer data platform (CDP), a data management platform (DMP), a customer relationship management (CRM) or any other system. The result? You will have a single hub for all the data you need.

Data management

This is where you connect the dots between data points to build robust, unified profiles of individual customers or segments. This could mean using statistic models to create identity graphs, applying data governance to make sure you integrate consent to customer data, or anonymizing data to be used through a data management platform (DMP).

Data analysis and activation

Data management tools: the difference between CRM, DMP, and CDP

Although customer Data Management can be described as a framework, it requires companies to have the right technologies. 

Your data software stack could be more or less complex depending on the size of your business and the number of touchpoints with the customer, but, essentially, your CDM strategy will require a combination these platforms: a Customer Relationship Platform (CRM), Data management Platform (DMP) and Customer Data Platform (CDP). 

Each one of them plays a role in your strategy. But what is the difference between them? 

The basis of data management starts with customer relationship management systems (CRM), which are built to engage with customers by tracking their relationship with your company. They only store data if the customer has interacted with the brand in some way, and they are based on historical and general information such as contact, demographics, and notes made by CRM teams.

Data management platforms (DMPs), on the other hand, have been widely used by marketers to serve ads and lead digital campaigns. These platforms focus on third-party anonymized data collected through cookies (that typically expire after 90 days), device IDs, and IP addresses.

In a different model, a Customer Data Platform (CDP) is a software capable of unifying customer data from various sources, internal or external, gathering quantitative and qualitative information from multiple touchpoints between a company and its customer base. It allows you to build a holistic view of customers and their pain points in a granular way. 

Why CDPs are the ultimate trend in customer data management

Although CRM systems, DMPs and CDPs share similarities, they are different when it comes to managing data. Customer data platforms, specifically, have increasingly been used as an integration hub for data systems because they are built to ingest large volumes of data from multiple sources – unlike CRM systems and DMPs.

There were days when marketing segmentation based on DMP persona segments and CRM was enough, but today, brands are expected to personalize every step in the customer journey – which is only possible through CDPs.

A study by Forbes shows that 53% of marketing executives are using CDPs to engage with existing customer’s needs, increasing the likelihood that they will become recurring clients.

The focus of CMOs is also shifting from third-party data and anonymous data to first-party, single customer data, which also underlines CDPs’ importance. As data privacy and compliance regulations arise, organizations also seek to work with their own, integrated data.

CDPs are capable of providing marketers with a historical record of identified customers that can be used not only for advertising but for other purposes as well.  By centralizing information in a single platform, companies can optimize resources and avoid having to rework their data over and over through different systems. 

Bonus tips for successful data management

Make data widely available to different teams: The Harvard Business Review study we mentioned before reveals that 80% of a data analyst’s time is spent on just discovering and preparing data. Customer data can be an important asset across departments, so it’s important to centralize access to it instead of storing it in separate departments and warehouses. Let the data flow!

Always keep data governance in mind: Understand the privacy policies of your data tools and ensure consent is integrated into all of your data collection, while also respected in marketing campaigns. 

Don’t over-collect data: Understand exactly why you’re collecting the data your collecting, and which questions your company is trying to answer with them. Resist the impulse to gather too much data “just in case” you need it, without a proper purpose.

Create rules for data categorization: Set up file formats you’ll be using, standards for tags, file-naming, and timestamps. Such standards will make it easier for your team to navigate through the data.

Beware of new data sources: Pay attention to emerging data types, such as those from voice activation devices, geo-localization in smart devices, Internet of Things, Augmented and virtual reality platforms, etc. New data points will eventually require new processing and marketing frameworks.

Still want help defining your customer data management strategy?

Now that you have learned a bit more about customer data management, maybe your next step will be to study data management solutions.

If that is the case, we recommend you check out Arena’s customer data platform blog section to dive deeper into the subject. You can also get in touch with one of Arena’s consultants and learn the specifics about our CDP.