Marketing: why you absolutely need a Live Chat tool

Live Chat is a tool for instant communication between a brand and its customers. Moreover, it’s a business feature that will make your company convert more visitors and offer better service.

Whether you’re involved with big retailers or small brands, a Live Chat will help you connect to your consumers in the best possible way. Real-time answers are one of the reasons customers love to make deals with companies that offer this tool.

But there’s so much more you need to know about Live Chat, especially since one of the following year’s marketing trends focuses on providing a greater customer experience.

Since we’re on the subject, both things are highly related to each other — but I’ll get into more details later on. Here, I’m also going to tell you everything to understand how to use this feature and create a positive brand perception for your business, plus how to choose the best live chat software.

Just one more thing before you learn all about acquiring a Live Chat as a marketing tool for 2021: it will only take you as far as you’re willing to put your efforts. What does this mean? It’s worth nothing to work with this type of chat if you don’t create a strategy and work to see the most beneficial results it can offer.

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The growth of Live Chat

First, let’s start with some background on this tool. As I said, it is a communication tool, and its purpose is to connect brands with their customers. The concept has been around for many years, but only recently, companies started developing modern software that actually focuses on the customer experience.

Most customers prefer to make deals with companies that offer Live Chat. It’s more practical and convenient for them to talk, ask for help or support from the brand’s attendants.

Because of its many benefits, both for the brand and the customers, this feature has grown exponentially over the last few years. Even though companies still aren’t living the tool to its full potential, the process of adaptation has started.

In fact, many companies know this feature is important, they have a solution for their brand, but they also know they aren’t using it as they should to see the impact Live Chat can have.

Statistics that prove you need a Live Chat

Since it has gained much attention, companies wanted to learn some statistics and understand how important Live Chat really is. After all, numbers and facts are big helpers to make more intelligent and assertive decisions.

After gathering data from several business and customers, these are some examples of statistics that show how Live Chat is growing and making itself a must-have solution:

  • It’s expected to grow as much as 87% in the next months
  • 46% of consumers prefer Live Chat over other communication channels
  • B2B companies saw a 20% increase in conversions after they started using Live Chat
  • This tool is 50% cheaper than phone customer support
  • 79% prefer this channel because they get faster responses

Once again, I’ll repeat that: these numbers are only true if you work to make them that way. For example, customers prefer this chat because conversations are instant and faster than other means, right? So, if your customers are to think that way, you need to make sure attendants will be available to make real-time answers happen.

Do you see what I’m saying? It’s quite simple, really. Use it right, get the results. Leave it to chance, and you’ll be losing money.

How Live Chat and Customer Experience go together

If you haven’t made the connection so far, I will make it clearer for you: Live Chat IS customer experience.

What encompasses customer experience? Mostly, it is about the entire exposure and participation a person will have with your brand. From the first contact to closing a deal, every single moment is considered inside this experience.

And how important is CX? Well, I’ll recur to the statistics here one more time and there are two thing I want to show you:

  1. 96% of consumers say they consider this to be a deciding factor to encourage them into being loyal to a brand
  2. Businesses that focus on customer experience see a revenue up to 8% higher than their competition

CX is about increasing the customer lifetime value as well. The better the experience, the more long-lasting the relationship will be. This means that customers will either buy more frequently or make bigger purchases at once. Whichever happens, each customer will be worth a lot.

You probably know this already, but maintaining a customer is less expensive than acquiring new ones. So make sure to have a proposition to create loyal consumers.

Create a positive brand perception with Live Chat

As you may have noticed, offering good service is also related to how your company is seen through the eyes of the consumers. Are they giving you compliments or complaints? Are they recommending you? Are they coming back or making unique purchases?

Additionally, tracking consumer behavior is vital to understand their connection with the brand. If you know who looked at a product page, who added to the cart and gave up, and so on, you will know what kind of strategy to use as a follow up.

As you gather data, your whole team can analyze the information and have some insights on how to improve marketing, sales, and the customer experience itself.

Why do you need a positive brand perception?

I know this is probably a somewhat foolish question, but it needs to be answered. That’s because you must understand the benefits of having a good word of mouth.

Most decisions nowadays are made based on how your company is known in the market. If people give you good reviews, you’ll have higher chances of getting new customers. However, if your reviews are bad and full of complaints, people won’t think twice before turning to your competitors.

It’s all about increasing customer retention, attraction, and loyalty.

How is this related to Live Chat?

You’ve seen above how Live Chat and CX are part of the same thing. Which means, when you give customers a good service through this feature, it will pay off in customer satisfaction.

Once you get clients to be happy with what you give them throughout interactions, they will be more likely to talk you up. In reality, 89% of consumers say they would recommend a brand after a positive experience.

Hence, your brand will start getting recognition and be more attractive to make deals with.

What to do with your Live Chat to enhance CX and brand perception?

Simply put: you need to humanize your service. Create a real connection, asking and answering questions without sound like a pre programmed machine — one of the reasons why Live Chat is surpassing chatbots too.

Of course, you can use chatbots when your agents are so busy the response time will be longer. In these cases, your can program the bot to say “hi, an agent will be available in 3 minutes, would you like to wait or can I help you in the meantime?”.

Besides, you should always ask for feedback from your conversations. When problems are resolved, ask the customer if they can help you by answering a few quick questions about the service they just got.

This is good to see what worked, what needs to improve, and to get to know your consumer better as well.

Summing up: why you need a Live Chat for 2021

Now, I just wanted to make a short list that will give you all the reasons to acquire a Live Chat for your marketing plans for 2021. That is:

  • increase customer retention
  • enhance customer engagement
  • improve your marketing strategies with proactive service
  • increase your revenue by using Live Chat for sales strategies
  • give the best customer experience
  • improve your brand image
  • increase lead conversions

How to choose the best Live Chat software

“What do I need to consider to choose a Live Chat?” is a question that may have crossed your mind. And I will tell you what you need to know.

Features

What are the features the software has? Does it offer proactive chat? Does it have visitor monitoring options? Will your customers be able to use it through mobile? This is all important to ponder when you’re choosing a Live Chat solution for your business.

You shouldn’t go with the software that has more features. It’s necessary to check their quality and make your decision based on real facts.

Security

Will your information be safe inside this software? What about data from your customers? The last thing you want is a data leakage incident.

Make sure to be hiring a trustable Live Chat system.

Support

Since this tool is likely to suffer updates and renewals along time, you might encounter some difficulties to use it. Will there be a support team to answer your questions when that happens?

It’s very important to receive support. If they keep you waiting, it means you’ll be keeping your own customers waiting. And we don’t want that, do we?

Pricing

I wouldn’t say the price itself is the most important factor, but the cost benefit your chosen system has. Is it worth its price? How long will it take for the tool to “pay itself”? What’s the ROI for the software?

Have these questions answered, even if through projection, and put it to weight on your decision.

Customization

Not everyone takes this into consideration, but I find it crucial. Will you be able to put your own twist on the looks of the chat? Personalize colors? Use logo and create agent profiles?

Remember to learn more about this element before making your final decision. Keeping your brand’s image and visual identity on the chat is a matter of consistency.

Reports

Is the software you have your eye on checking all of these items? Here’s one more you need to rock off: team productivity reports.

To understand how your service is going, what needs to be done and who needs more training can be read in monthly reports the Live Chat system can offer you.

That is, considering the software you chose actually offers this feature.

How about you give a chance to Arena Live Chat?

At Arena, we can offer you everything that has been talked about and even more. To learn more about our solutions, simply go to our products page.

However, if you are already interested and ready to start reaping our Live Chat’s benefits, go ahead and start your free trial period. You’ll have up to 14 days to learn all about our tool, how to use it, and see how fundamental it is to your business.

14 Ways Live Chat a Customer Service Game-Changer

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!

The Future of Customer Experience

The first Arena Customer Experience and Data Live Event is happening soon! Arena GO will introduce you to the tools that connect all user data dots to create world-class customer experiences.

The Future of Customer Experience

In the digital era, capturing and owning the right data is the recipe for success. Business solutions must be integrated and condensed in a single touchpoint, instead of being pulverized and lacking coherence. A-list services platforms, such as Arena, understand the importance of guiding strategies throughout the entire customer journey.

This unique 360º view of the user allows the brand to follow the customer along the entire buyer’s journey, from lead acquisition to purchase, until post-sales services. That’s because Arena provides the right tools to create a data driven and highly personalized customer experience.

At Arena GO you will explore our real-time customer experience data platform, discover our tools, and link them to serve relevant, meaningful, and engaging content.

You will be able to create an environment with powerful triggers to achieve your purposes, whether it is a purchase, a new subscription, or whatever else you need.

Learn how to explore real-time possibilities better, and exceed your customers’ expectations. 

At Arena Go, We will walk you through product demos and use cases to give you a glimpse of the future of customer engagement.

Customer Experience

What does your audience want? Why do they want it? How? When? If key-questions like those aren’t guiding you through your CX strategy, the odds of failure are higher.

That is because you are not building a connected experience for your customer. Although, when you count on tools, such as Customer Data Platform (CDP), that provide you high-quality data analysis, you can tailor each stage of the strategy based on real demands and information.

Customer Data Platform (CDP)

A strategy that is not data-oriented can’t really be called “strategy”. 

Having Arena’s Customer Data Platform (CDP), a unified data source that gathers all your touchpoints in a single place, will offer you the most reliable insights to build up a killer strategy for your audience.

Besides gathering the data, Arena’s CDP analyses it and creates organized clusters of customers with matching information. As a result, you will have much more depth of knowledge about your customer. It will feel like you are looking at a picture of them to truly understand their needs.

Live Chat

As we have said before, using real-time solutions is the way to exceed customers’ expectations. So, having Arena’s Live Chat allows you to engage in real-time with the audience while they are browsing on your website. That will enable you to create meaningful approaches, increasing the value of your customer’s experience.

Whether it is a reactive contact (which is when the customer looks up to you when they need something; to get a question answered, to get more information, etc.); or a proactive one (when your team approaches the audience to offer something able to raise the value of that browsing moment) Live Chat can be the most strategic and successful way to do it.

Live Blog

Still following the steps of creating meaningful real-time engagement, Live Blog is the answer companies needed to increase browsing time.

Through Arena’s Live Blog, you can create live coverage of an event, display updated news, use text, audio, video, and extra-sources. All on a single screen!

Your audience won’t need to look up for updates on other pages or keep refreshing the website to check if there is anything new. Also, using Arena’s Live Blog, the audience will be able to simultaneously engage that content on their social media pages without shifting tabs and bouncing off of you.

Rogers Media increased engagement by 64% using Arena

One of the world’s largest communications and media companies, the Canadian Rogers, was looking for a smarter and more efficient way to make their audience engage with their content and, thereafter, increase retention. They needed straightforward ways to integrate other tools used by more than 50 teams. 

Combining the power of the Live Chat, Live Blog, and the Content Wall to cover real-time events, Rogers was able to promote users’ interactions in their multiple domain channels. At Sportsnet, for example, Arena’s Live Blog covered all the matches with exclusive content, and Live Chat enabled fans to engage with passionate discussions during the games.

As a result, Arena helped Rogers to increase their engagement by 64%, and retention by 28%. Besides, their ROI skyrocketed, increasing the numbers of new subscriptions, app downloads, and advertisement revenue.

Globo brings real-time coverage to the next level with the NBA 

The second-largest commercial TV network in the world, Globo TV was a pioneer by adopting two of Arena’s Customer Experience solutions to broadcast the NBA Live finals. Globo was looking for fresh and real-time alternatives to provide relevant and valuable content to their audience.

By using Arena’s Live Blog to cover NBA Live matches play-by-play, with Arena’s Live Chat to create an environment of enriched engagements, Globo had audience peaks of tens of thousands of users simultaneously. 

Arena helped Globo understand the importance of delivering dynamic and interactive content for such an amazing event, during all the restrictions imposed by the pandemic, which was the key to a successful strategy.

Providing multimedia content and an innovative experience paid off well for Globo. Their user engagement had amazing growth, as well as the time the audience spent on their domains and the higher ROI.

Tecmundo covered Amazon Prime Day and boosted engagement

One of Brazil’s most popular technology websites, Tecmundo, combined Arena’s solution to bring massive traffic to their page and increase revenue during Amazon Prime Day. 

Creating a unique environment, what Tecmundo did was pretty much comparable to a real store during Black Friday season: it had customer interactions, conversations, and lots of sales. 

Prime Day is the most profitable day of the year for eCommerce. On that day, Tecmundo created a hot site to cover Amazon’s best deals in real-time using Arena’s Live Blog. To stimulate users’ engagement, they also had Arena’s Live Chat. 

The audience could get the offers while they had ongoing discussions about them, the products, and providing honest customer reviews. 

The complete solution made by Arena to Tecmundo also used the Customer Data Platform (CDP). As a result, they gathered data from different touchpoints, enabling companies to find out where their potential customers were. By doing that, a more assertive approach was made and better deals were closed.

Arena GO

To dive into the possibilities of Arena’s real-time customer experience and data platform, Arena GO is an open event to walk you through the construction of consistent and effective customer engagement strategies.

31 Live Chat Black Friday statistics you must see

Live Chat is becoming one of the most powerful tools for online customer service. If your eCommerce is still not using it, you might want to take a closer look at your strategy.

With Black Friday right around the corner, businesses are looking for new methods to make them a crowd favorite. In other words, they want to get all the attention, increase their conversions, and make peers “eat dust.”

To make this happen, they are betting big on live chat tools. With them, communication becomes easier and more accessible to consumers. They can use it while also performing other tasks and the conversation with an actual person makes live chats a customer preference.

Of course, these are only two among many other aspects that make this type of chat so popular. However, even though it has grown over the years, most companies still use it mainly for customer support. However, it goes way beyond that. Live Chat can also be used for marketing and sales.

How Live Chat can impact your business

That being said, you can already imagine how it will impact your entire company. If you use it the right way, you’ll see results coming quickly.

Nonetheless, it’s more than increasing sales and revenue, a Live Chat is a tool to assist in building your brand in the market. For instance, you can add value to your product and brand by having a personalized conversation.

People don’t want scripted messages that make you sound like a robot. That’s the whole point of acquiring this tool: bring a human agent to the formula.

Moreover, a Live Chat will show you a wide variety of benefits and it can indeed improve your business outcomes. 

We can prove it:

Live Chat statistics you need to know

Is there something that makes us more convinced than numbers and facts? 

For this reason, we brought here some of the main Live Chat statistics that will show you just how important it is.

Customer support and satisfaction

Since customer support is one of the main reasons companies acquire this tool, let’s start by evaluating some data on it. In addition, we’ll be looking into customer satisfaction levels as well.

  • While emails get 61% of customer satisfied, and phone support 44%, the Live Chat gets up to 73% of customers satisfied.
  • 63% of customers said they are more likely to return to a website if Live Chat is available.
  • 83.1% is the average customer satisfaction rate globally with Live Chat.

Even more than that, when asked what about Live Chat that made them so pleased with the service

  • 79% of customers said they like this type of chat because of the instant messages
  • 51% said it was because they can multitask
  • 46% affirmed it’s the most efficient method for support and overall online services

Lead generation & Conversion rates

Brands can use live chats with the purpose of increasing their conversions. As a matter of fact, with Black Friday getting closer, it has been brought up as a strategy eCommerce should use to improve their businesses.

So, what do researchers say about the topic? First of all:

  • The dominant number here is 40%, which is the increase in conversions a brand can have by using Live Chat

Then, we have some info on lead generation that is super valuable:

  • Even if a customer doesn’t use the live chat feature right away, 63% of them are more likely to return to the website because of it
  • Proactive chats, initiated by the company, had an optimistic result of 94% of customers satisfied with the experience
  • From all consumers that had a live chat session, 38% of them purchased because of the conversation they had
  • In general, 85% is the average possibility of chatters becoming customers. This means that from each visitor that uses your Live Chat solution, they are 85% more likely to buy something than the ones who don’t have a session

Customer experience and engagement

When it comes to customer experience, we can imagine that it will be good once we’ve seen how satisfied most people are with the Live Chat feature. Still, there are numbers related to this matter that are quite impressive too:

  • In order to have a better CX, 80% of consumers said they would pay more for a product
  • On the same note, 49% of customers already experience bad CX and decided to change companies because of it

What about customer engagement? What does that even mean when we’re talking about live chat? Well, it’s mostly an expression to elucidate the expectation of the consumer regarding the relationship (and experience) they will have. 

For example:

  • You should always offer a service with sales reps since 40% of customers want the help of someone to attend their needs faster than they would do it alone

Moreover, some facts that you should know on the subject are that:

  • The main reason for customers to change brands while making a purchase is because of service-related problems
  • On average, when customers are pleased with your service, they share a positive experience with about 11 people 

Revenue stats

Obviously, while live chat increases conversions, it also has an impact on your business’s revenue. This is what we’re talking about:

  • A 48% increase in revenue can happen per chat hour
  • Companies that offer live chats are more likely to have returning customers, in fact, 51% of consumers said they would come back to repurchase when an eCommerce offers this feature

In addition, you should also have an idea of how many businesses are using live chat for sales purposes, and that is:

  • Most B2B businesses, a total of 85%, use this tool for sales
  • In a similar statistic, but regarding B2C businesses, 74% of these use live chat for sales

Furthermore, Live Chat is mainly used for customer support: 

  • 66% of B2B businesses use it for this reason
  • 67% of B2C companies have Live Chat for supporting customers

Response time

It’s common to see response time as a benefit and/or differential of the Live Chat, so we had to bring some statistics about this issue too. Curiously, response time is not the preference of most customers. Check this out:

  • While you might think that fast answers are a must, 95% of customers said they prefer high-quality service over speed
  • At the same time, 59% of consumers are more likely to make a purchase when they get answered in under 1 minute

This information is really useful so you can come up with a Live Chat strategy for your company. And here are two more to complement your data:

  • Long waits make 24% of customers frustrated
  • There is a number of chats that end up unanswered when customer-initiated, a total of 16%, and the reasons for abandonment can vary from a long wait to a bad customer service

Live Chat vs. Chatbot

With the rise of live chats operated by human agents, a “war” seems to have started between this eCommerce feature and the already popular chatbots. Both tools are used for the same purposes. The main difference is the one we’re mentioning here: you talk directly to a real person in a live chat.

To help you make a decision between live chat and chatbot, here are some facts:

  • 67% of customers have already used a chatbot to get customer support in an eCommerce
  • Up to 80% of routine questions (that is, questions that are frequently asked by customers) can be answered by a chatbot

Additionally, some chatbots are built with AI technology. This means the more they attend clients, the more they will learn and perform better. They are also easily scalable, can answer multiple customers instantly and at once. Overall, they deliver a great customer experience.

On the other hand:

  • Many consumers prefer to be attended by live agents than by a chatbot, even if they are AI bots. The magic number: 70% of customers said they like a Live Chat better

That says a lot, right? Even though businesses can reduce their costs by around 30% with a chatbot, Live Chat is a tool that will give you a competitive advantage. Moreover, Live Chat is a low-cost solution and the ROI is excellent.

The future of Live Chat

According to these facts and statistics, it’s possible to notice some trends and understand how Live Chat will grow and be used from now on. In 2020, we can already see that:

  • 85% of customer support activity happens without a human agent, in other words, through chatbots
  • However, 71% of businesses believe that Live Chat will become the main channel of communication by 2021

Further on, an interesting fact is that:

  • 62% of customers expect live chat for mobile, which means that this feature will most likely be optimized for that

In addition, nowadays the results are great, proof of that is:

  • After one year of using Live Chat, 43% of businesses said they had a better understanding of their consumer
  • Meanwhile, 79% of businesses reported they had positive influences on sales, revenue, and customer loyalty because of the Live Chat tool

We can conclude that this tool is more than a simple feature, it’s a powerful weapon to make your eCommerce thrive by increasing conversions and revenue through live conversations.

Biggest trends for 2020 Black Friday

The year 2020 came with a huge impact on the business model of many retail stores. Because of the pandemic, eCommerce became even more popular, and not only people but several brands had to adapt to this “new normal” situation.

Now that Black Friday is near, everyone’s started to wonder how things would work this year.

All in all, there are some trends this year that might not have gained attention previously, but the truth is, eCommerce has been a huge hit on Black Friday for a few years. The difference now is that there are more people going online for their purchases, so there’s the need to offer better customer service and experience.

That’s why the first trend we’re talking about here is the attention to the customer journey. On average, people start to search for products and offers about 6 weeks before Black Friday day itself.

So, that’s also about the time you should start presenting campaigns and special offers to make the customer start their journey early and work their decision to purchase throughout this time.

Because of that, it’s also expected that sales will start earlier this year as well as they will last longer. Some brands are thinking about starting right after Halloween, but there are some planning to launch campaigns even prior to that. 

It’s really up to each strategy and how your company will work to achieve goals for the Black Friday event.

Still in that matter, stores are thinking about longer sales. But what does that mean?

Since retailers will have an early start, there’s no reason to end offers before the day of Black Friday, unless products go out of stock. Thus, we will see products on sale for a longer period of time.

However, something that is likely to happen a lot this year are flash sales. In other words, it’s a type of sale where companies offer a limited special offer for their consumers. A notification is sent a few days ahead and people can only buy during a shorter period of time.

Remember when we said 62% of customers expect Live Chat to be optimized for mobile?

Well, on the same note, customers mainly do their online shopping through mobile. For that reason, many brands are adopting mobile-only offers. That is, communicate offers and deals through SMS or notifications, for example, allowing consumers to buy straight from the link you sent.

An incentive some brands are working on this year is free shipping. Since many people suffered a negative economic impact due to the pandemic, it might be a necessary provocation to make them buy during the Black Friday period. Therefore, free shipping costs are being highly adopted this year.

Get ready for Black Friday with a Live Chat

All of Black Friday trends can do even better if you use a live chat tool on your website. You can use it to proactively answer customers’ questions, initiating the chat with an offer they can’t miss.

If you want to help your eCommerce achieve its goals, this is the way to go. Increase your conversions by acquiring the Arena Live Chat – you can try it for free NOW!

Ecommerce Customer Experience: how to optimize it

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!

Which one is best for your business?

Knowing the difference between Live Chats and chatbots can help you figure out how to benefit from the several utilities of using both tools.

Many professionals work day after day to provide customers with the best digital channels for support and general communication.

Gartner predicts that 85% of customer relations will be managed without human interaction by the end of this year. This is a snappy consequence of customers’ expectations regarding how brands communicate with them in online environments.

Customers expect a response from companies they get in touch with, within an hour. However, it isn’t uncommon to find companies that still struggle to respond to consumers. Most terribly, some companies don’t reply to their customers at all.

In this context, solutions like Live Chats and chatbots have erupted to boost response times and optimize interactions. They grant companies ways to immediately reply to customers and get involved earlier in their buying lifecycle.

Have you ever wondered what the main differences between a Live Chat and a chatbot are? Many people have. That’s why we have written this article.

Here, you’ll understand the dynamics of Live Chat vs. chatbot, and figure out which is the best solution according to your goals.

Let’s get started!

What is Live Chat?

As the name suggests, a Live Chat is a tool that allows live interactions to happen between users alone or between users and brand representatives. Live Chats enable instant messaging and have a fantastic potential to become an exclusive place for customers to get real-time support. 

Rather than using their phones to call—and eventually hang on the line—, customers that use Live Chats have a more convenient way to talk to brands on their digital properties, whether they’re seeking help or simple information.

According to Zendesk, Live Chats have the second-highest customer satisfaction rate (85%), while talking on the phone remains the most top-performing live interaction (91%). See how small is the gap between them?

Live Chats are responding quite nicely to the need to optimize response times and increase customer satisfaction. Still, Live Chats don’t work solely for customer support. They are ideal to complement sales approaches as engines to increase purchases and conversion rates.

In case you’re curious to know more about this software, we have also listed 40 Live Chat benefits you need to know.

What is a Chatbot?

chatbot is a software application that simulates a conversation as if humans handle it. Also known as digital assistants, chatbots are often seen as a very promising tool for interaction between humans and machines.

These days, companies from distinctive sectors use chatbots for a huge purpose variety. Whether it is to enhance customer support, help users navigate on their websites, or collect leads’ information, these tools are excellent for transforming how companies communicate with their current and future customers.

Different chatbot usage is based on the fact these tools rely on artificial intelligence and can be programmed to reply to spoken or written messages. A sophisticated chatbot also uses machine learning and natural language processing (NLP) to better address human language.

Because they are simple to use and are available 24/7, chatbots revolutionize customer interactions and fasten their pace. Sixty-nine percent of consumers prefer chatbots over other channels because they provide quicker responses to simple questions. By reaching out to a chatbot, customers save time—and, as you know, time matters.

For those reasons, the market can’t see itself in the future without chatbots. According to Grand View Research, the chatbot market is expected to reach $1.23 billion by 2025 globally. That’s a lot.

Prime factors of Live Chat vs. chatbot

Based on customers’ expectations, Live Chats and chatbots, three core-tasks must be:

  • Answering a question
  • Giving detailed explanations
  • Resolving a complaint

These are things both tools can do effectively. Still, as much as both Live Chats and chatbots serve the same purpose of optimizing response times and elevating customer interactions, there are a few differences that separate them.

Ahead in this post, you’ll find further details to understand how they differentiate.

1 – Scalability

Perhaps the most evident difference in the Live Chat vs. chatbot debate is that chatbots are much easier to scale.

When you implement a Live Chat, you must have people working behind the screen to reply instantly to customers. 

Depending on the conversation’s complexity level, sales reps might take longer to reply to more users activating a Live Chat. Recall that a Live Chat agent can answer to a limited number of interactions at a time as well.

Meanwhile, chatbots are programmed to handle multiple conversations simultaneously and reply faster, scaling conversations to employees when needed.

2 – Humanization

Statistics tell us 86% of customers believe there should be an escalate agent option when talking to a chatbot. 

That’s reasonable. You probably have gone through a more complex and specific customer issue that demanded human support, and chatbots aren’t able to solve any and everything—yet.

Your team might have to interfere and offer quality responses that are accurate to their needs for specific customers. This is something only Live Chat agents can utterly deliver. 

If you’re worried about Live Chat response times, here is an interesting statistic: 95% of customers agree to wait a little more to get a better quality service that matches their expectations.

Think about this for a minute: are your customers more likely to wait for human service or would they appreciate faster chatbot approaches?

3 – Acceptance

While people in the past seemed to dislike interacting with a robot, users these days appreciate having their issues resolved regardless of who is doing it.

Notice that 40% of customers don’t care whether they’re helped by a human agent on a Live Chat or by a chatbot. 

Plus, technology has advanced so much that some people don’t even know whether they’re talking to a real person or a very sophisticated chatbot.

4 – Availability

While chatbots work uninterruptedly, Live Chat agents are only available to respond during their working hours. 

This is a problem if you intend to make your brand available to users 24/7, especially if you consider the number of conversations that will occur if your customer engagement increases. 

You may have thousands of chats per month to reply to. How much human effort should it demand from you and your team?

On the other hand, Live Chats are most likely to make agents multitask more efficiently. Once they’re ready, Live Chat agents will identify more urgent conversations and route them to the right team, sharpening support time.

5 – Customer support

When customers get stuck in a product or checkout page, chatbots can quickly—and automatically—initiate a proactive interaction to help them out.

This is extremely important, as 73% of customers say what makes them love a brand is their ability to provide friendly and excellent customer service, especially when they need help before, while, or after the buying process.

Keep the information above in mind whatever the decision is you make. It doesn’t matter if you’re using a Live Chat or a chatbot to help consumers out. What truly matters is the support quality you’re providing them with, according to their preferences.

6 – Cost impacts

As much as implementing Live Chats and chatbots can make you take some money out of your pockets, the impact on costs is undeniable. 

You might spend to hire Live Chat agents, and training them should require some time. Just the same, implementing a chatbot isn’t free.

However, as response time-speeding tools, both Live Chats and chatbots retain customers’ attention and interest, going as far as converting website visitors into paying clients. This empowers your marketing and sales strategies and increases ROI. 

Live Chat increases conversion rates by 45%. For example, chatbots will save businesses more than $8 billion per year by 2022. They’re the best of both worlds.

Do you need to pick a side in the Live Chat vs. chatbot argument?

I’ll save you time and reply to this question right away: no, you don’t. 

The best thing about Live Chats and chatbots is that they don’t erase each other’s purpose and utility. Blending them might be a good option for many reasons.

Chatbots can work seamlessly along with Live Chat agents and notify your team when it’s time to step into the conversation with a lead or customer. Remember, chatbots are intelligent, automated mechanisms that scale and a good one should transfer a question it can’t answer to the right human agent.

While specific conversations require human support, many others can be handled by chatbots, and save your team time and effort so they can focus on more complex problems.

Let’s imagine a top-level customer has just entered your website. Your chatbot will tell your Live Chat agents right away, so they can reach out in a more personalized approach to answer their questions as conveniently and accordingly as possible. 

Live Chat vs. chatbot audience ownership

If you’re looking for solutions to keep your community on your page and take back your audience’s ownership, then interactive Live Chats should strongly be considered.

Beyond customer support and sales confines, Live Chats can be programmed to be a unique place where your customers can interact with other people in real-time conversations. Those are called Live Chat Groups.

By allowing instant conversations to take place in your Live Chat Group, you create a new sense of community that users can’t usually find anywhere else. 

This maximizes customer relationships and drives traffic to your website, making your brand less dependent on social media accounts and other external marketing channels.

Live Chat Groups are highly customizable and work on any website, making them an excellent tool to boost your customer engagement.

And there’s more: unlike standard Live Chat tools, Live Chat Groups are scalable and handle chatrooms with thousands of concurrent users simultaneously.

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Key takeaways in the Live Chat vs. chatbot matter

  • Chatbots reply faster as Live Chats depend on agents’ potential to reply
  • Live Chats are a better solution to deal with customers that prefer human interactions
  • Live Chats assure better quality responses to complex queries, while chatbots nail simple conversations
  • Chatbots scale, especially on peak hours; Live Chats don’t
  • Live Chat Groups are fresh, unique interactive tools that increase engagement and create a community sense, which neither chatbots nor typical Live Chats can

Many companies worldwide use both Live Chats and chatbots at the same time to handle different contexts and conversations and have amazing results from combining such powerful tools. Some of those results are better customer experience, and more authority is being perceived from their website pages.

Let users talk about your content

We have no doubt chatbots, and Live Chats are both needed in our context. Instant communication is an essential requirement, and the customers that don’t find the channels they expect to communicate with brands will get frustrated.

We have seen many (rational) hype around the Live Chat vs. chatbot matter, but think there is a problem: people aren’t talking about Live Chat Groups enough.

If you want a forward-thinking and customer-centric tool to increase your engagement and help your website be seen as the to-go place, it is time you have a Live Chat Group.

The cherry on top is that, besides being easy to implement, Live Chat Groups are also becoming crucial to make users spend more time on your website and give your brand more credibility.

To see how a Live Chat Group fits your website best, all you need to do is use Arena’s real-time engagement platform and have full control over your chat rooms.

You’ll start finding new engagement opportunities even before your competitors think about them. Get started for free!

How to use CDP to improve your conversion rates

Customer Data Platforms can fuel your marketing efforts, help you improve customer experience, and maximize ROI. This post will teach you how to embrace CDPs on daily marketing activities to potentialize results.

Marketing leaders’ job has become more challenging year after year with the rise of new content channels, connected devices, and sales formats. In a competitive scenario, acquiring and retaining requires more than just a good strategy. We live in the age of tailor-made communication, where there is no room for basic and generic marketing anymore.

No wonder companies from all segments have searched for ways to make their marketing approach more personal and cost-effective at the same time, which requires the right tools and best practices for data management

report from the CMO Council shows that marketers worldwide see the execution of a data-driven strategy as their primary challenge to have a unified view of customer experience (CX) across different touchpoints, according to 38% of marketers consulted for the study. 

According to 30% of respondents, another challenge is to abandon customer data silos, which make data inaccessible across the organization. Even though marketers can count on CRM and DMP platforms to understand some of the customers’ engagement and pain points, the problems above can only be truly solved through robust data management platforms. 

In that sense, digitally mature marketers have specifically reached out to Customer Data Platforms (CDPs) in order to understand customers better and offer them a better customer experience.

Ultimately, a CDP can boost brands’ ROI and help them maximize conversion rates. This post will explore the concept of CDPhow it differs from other data platforms, and how marketers can use them to improve their results. 

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What is CDP?

A Customer Data Platform (CDP) is software that centralizes customer data from different data systems and customer-facing platforms. It collects quantitative and qualitative information from diverse touchpoints with customers, offering a friendly interface that allows companies to access customer data from different departments easily. 

Customer Data Platforms combine customers’ demographic data, buying history, hobbies, transactional data, social media preferences, interactions with call centers, navigation data, and more. 

They work mostly with first-party data, crossing information from Customer Relationship Management (CRM) systems, Data Management Platforms (DMPs), and customers’ direct interactions with your brand through support channels, payment methods, social media, and different devices. 

The idea is to combine Personally Identifiable Information (PII) and build a unified view of individual customers – also called Unified Customer Profiles. Since the data match is consistent across different platforms, data is even more reliable than other platforms. 

A few examples of data collected by CDPs:

  • Purchases
  • Renewal dates
  • Customer and product value
  • Abandoned baskets
  • Stage in the conversion funnel
  • Products and categories searched and browsed
  • Store and website visits
  • Content and channel preferences
  • Social media interactions
  • Customer support interactions
  • Email opening rates
  • Lifestyle preferences
  • Contact information

These are just a few examples. The possibilities are endless! In reality, your company can choose to plug in any data system to the CDP. All data can then be stitched to the unique customer profile, allowing marketing teams to work on segmentation and personalization.

Typically, CDPs are used with five purposes in mind:

  1. Improving customer identity resolution
  2. Data cleansing and enrichment
  3. Data Centralization and integration
  4. Audience data analytics
  5. Marketing segmentation and optimization

CDP vs. CRM vs. DMP: beware of the difference

The marketing industry has long relied on acronyms to refer to metrics and tools. The data management realm is specifically pervaded by similar acronyms that comprehend entirely different things, such as CDP, DMP, and CRM.

Most marketers will agree that it is essential to manage data through one of these: Data Management Platforms (DMP), Customer Data Platforms (CDP), and Customer Relationship Management (CRM). However, not all of them might understand how each of them works.

All three platforms share a list of common assets: they aim to establish a Single Customer View (SCV), use data for audience activation, and offer reporting, analysis, and optimization tools. Such platforms will often work side-by-side, but CDPs, DMPs, and CRM show many differences despite their similarities.

We have already explained how CDPs work, now let’s explore how DMPs and CRM systems compare.

Data Management Platforms

The DMP is mainly used to drive advertising campaigns, relying almost exclusively on anonymous data from cookies, devices, and IP addresses. It captures generic data such as when users visited your website and how long they spent on the page.

Then, such navigation information is used to target ads according to customer behavior to reach customers who match the brand’s target profiles – a process called probabilistic matching. A DMP can monitor campaign strategies, identify conversion points and personalize campaigns according to them. 

Main differences with CDP

  • CDPs work with both anonymous and known individuals, while DMPs work almost exclusively with anonymous entities and unknown customers
  • In CDPs, database updates happen in real-time, while DPMs only allow scheduled database updates
  • CDPs are based on historical integrated customer records, which means you can store customer data for however long. DMPs, however, store data for shorter periods, usually up to 90 days (a cookie’s lifespan) to target ads and build lookalike audiences
  • DMPs are used only for managing digital advertising, while CDPs can be used across an entire organization, including for sales and customer success

Customer Relationship Management

CRM systems are typically used by sales teams, storing personal information from known customers – such as contacts, demographics, transaction data, notes about customers made by sales, CRM, and customer success teams. 

Softwares alike are used to track leads, understand the sales pipeline, and for driving customer engagement. CRMs don’t store anonymous user behavior.

Mains differences with CDPs

  • CRMs aren’t built to ingest large volumes of data from different sources, like CDPs
  • CRMs only analyze personal data from known customers, such as name, age, and contacts, but not navigation behavior – something tracked by CDPs
  • CRMs do not connect customers’ actions through different channels and devices, and so is not able to follow the customer journey like a CDP

Using CDPs to improve marketing ROI

Successful marketing campaigns don’t embrace just a few channels, but a complex constellation of touchpoints with your audience. Acting over this constellation, however, can sometimes be challenging. A survey from the Harvard Business Review shows that only 3% of marketers believe they are able to act on all of the customer data they collect. Another 21% say they can act on very little of it. 

As we discussed earlier, CDPs can play a significant role in connecting customers’ fragmented journey. But beyond that, they can help you make smarter investment decisions, improve ROI, conversion rates, and Customer Acquisition Costs (CAC). 

Also, CDPs can automate and eliminate repetitive, time-consuming tasks from marketing professionals’ routines, making daily marketing activities more agile.

A few ways a CDP can improve business results:

Accurate personalization

In the age of recommendation algorithms, customers expect personalized experiences everywhere. Marketers should avoid at all costs making wrongful recommendations or serve ads that are not relevant within the user’s journey. 

Because CDPs break data silos and integrate marketing efforts across different channels, they help brands to deliver the right messages, at the right time and in the right channels for customers. For instance, you could exclude users that recently bought your products or those who are not likely to engage with your ad campaigns from your targeting strategy, focusing on users who are likely to engage.

Better budget allocation equals better leads

CDPs allow brands to acknowledge what products customers show interest in, their purchase intent, and how likely they are to churn. They can also find out their favorite interaction channels and stage in the customer journey. From there, it gets easier to allocate ad dollars and improve content strategies on every channel.

As a result, CDPs help attract more qualified leads, optimize marketing budgets, reduce customers’ acquisition costs (CAC), and improve conversion rates.

More qualified data

Marketing leaders are shifting their attention from second and third-party data to first-party data. As privacy and compliance regulations become more consolidated, organizations increasingly seek to work with their own, integrated data – something Customer Data Platforms can help them with.

Driving data-driven sales

Customer Data Platforms can help sales teams upsell or cross-sell products based on customers’ recent purchases or search intent. By having access to enriched, accurate data, salespeople can better design retargeting and churn prevention campaigns through email, mobile, and other channels.

More autonomy and agility to marketing professionals

Depending on other departments for reports and insights can be time-consuming and unproductive for marketing teams, since not everyone is on the same page about marketing needs. CDPs are useful to many areas within a company, but every team can shape their use according to specific goals while having access to all kinds of company data. 

According to CMO Council, 67% of marketers believe speed is one of the primary benefits of data-driven marketing, resulting in quickly executing their campaigns. Through CDPs, teams can scale marketing efforts and get new processes started faster. 

Benefits from CDPs don’t stop there. In this post, you can check 20 ways CDPs can be used in marketing.

Integrations and key assets of CDPs

In a fragmented media and advertising landscape, marketers want tools to give them more control over events in their channels. CDPs allow companies to integrate different systems and deploy data with customers’ profiles to many marketing and customer relationship platforms. 

Most Customer Data Platforms typically offer connector marketplaces where marketers can set up integrations in just a few minutes. However, the depth and amount of possible integrations can vary according to the CDP you choose.

Areas of integration offered by CDPs usually include: 

  • Advertising: Integrations to DSPs, Facebook Ads Manager, Google Marketing Platform, and more
  • Analytics and AB Testing platforms: Google Analytics, Adobe Analytics, Optimizely, MixPannel, etc
  • Email and marketing automation tools: MailChimp, Hubspot, Sendgrid, Salesforce Marketing Cloud, SMS tools, and others

When connected to other systems, CDPs can deploy customers’ profiles to marketing tools (also called delivery platforms), enabling the planning and distribution of campaigns and personalized messages.

The amount of tools companies will connect to their CDPs will depend on the specifics of their business. Large businesses are likely to connect more tools than small companies, for instance.

Before adopting a CDP, be prepared

Yes, a Customer Data Platform can do wonders for your marketing strategy, but you need to feed it for it to work properly. CDPs won’t effectively integrate customer touch points if they can’t truly access data about the whole customer’s journey.

If you want a seamless, functioning CDP, it has to be fueled with multiple data records from clients – not just a few sources. A Customer Data Platform should gather historical data and freshly-collected data about their interactions with your brand. 

That’s how it can create a satisfactory customer profile and identity resolution (when the system matches records from different data sources and connects them to single customers). But why do you need identity resolution?

A customer might interact with your brand through several channels and devices, but sometimes CDPs will interpret different data points as if belonging to other customers.

So, not having enough data or having insufficient data prevents you from having the perfect picture of single customers, resulting in wasted investments, bad customer experience (CX), and poor marketing results.

In a nutshell: the more data sources your CDP can gather, the better. If your company only provides a few data points, your unified customer view might not be so complete, resulting in gaps in customer experience and poor conversion and engagement results. 

Want to learn more about CDPs?

As we have seen, Customer Data Platforms are complex, and so is the process of choosing the best one for your company.

If you want to dig deeper into the benefits of CDPs for marketing, we recommend downloading Arena’s “Customer Data Platform 2022” ebook. In this complete ebook, you will find more valuable information about how CDPs work and how they can be incorporated through every step of marketing.

If you want to learn the specifics about Arena’s CDP, feel free to reach out to one of our consultants.

How to use a Live Blog for real-time audience interaction

A Live Blog is an instant attention-grabbing tool that empowers brands to generate real-time engagement. Here’s how some companies are using it to establish a deeper connection with their audience.

High-quality content is more important now than it has ever been.

Digitized and multi-connected, today’s audiences pay immense attention to content that can answer their questions and help them decide if a product or service is right for them. There is no denying that content is a vital part of the continuously-important customer experience.

Still, with so much competition and information running wild at all times, cutting through the noise might be challenging.

With the present moment changing so drastically in such a short period, you surely want to implement the most effective solutions to increase engagement and make your consumers loyal.

But how can you stand out from the crowd and generate immediate engagement with such an imperative audience?

I’m sure you have asked yourself this question a few times through the years.

Thankfully, this article is all about an extraordinary tool that customers are growing overly fond of and are already expecting your company to have: a Live Blog

Here, you will find how companies are using Live Blogs to generate relevant content and connect with a real-time audience—and why you shouldn’t wait to do the same.

#Subscribe and stay on top of the news on our blog

Why a real-time audience matters

Customers are always on. Given the newness of technology and innovation, they have all the tools to remain connected nonstop and wish to consume reliable information that leads them to make better decisions. The faster, the better.

Timing is essential in any marketing tactic these days. A message or campaign will only be compelling when it gets to customers exactly when they need it.

Many professionals work day and night to assess customer data and come up with exciting content alternatives that arrive sharply on-time. Those who are succeeding already know it: Live content is a gold mine and engages audiences as few things can.

Live content meets consumers’ expectations perfectly because it empowers them to be part of a real-time experience. It promotes instant debates people can get involved with, combining timing and appropriate messages to create a matchless customer experience.

In this scenario, marketers are growing aware of Live Blogs and how to use them to attract their audiences and enhance customer engagement.

How are companies using Live Blogs?

Dynamic and extremely interactive, a Live Blog allows brands to bring different post formats and sources together to deliver real-time content for an instant audience. 

Live Blogs support several types of content, such as videos, audios, texts, social media posts, and more, to shape a diverse and more interactional feed.

By liveblogging, you can post regular updates of an important event that’s taking place in your field and keep your readers updated on the latest news. 

More than that, you can live meaningful stream events that interest your followers, providing them with exclusive coverage. This is way more interesting than writing about an event only after it happened and makes users spend more time on your pages instead of digesting information on Twitter or Facebook.

Giving audiences a multimedia content and narrative experience is already paying off to companies that embraced Live Blog and made it a decisive piece of their marketing communication.

We have already written about how Arena customers are using a successful Live Blog engagement strategy and revolutionizing their content. This time though, you will find a few examples to inspire you to use a Live Blog and catch real-time audience’s attention.

Winter came, and everybody watched: Game of Thrones Live Blog

Game of Thrones’ fans has always been head-over-heels for the show. 

Considering that 87% of consumers use a second screen while watching TV, giving these passionate fans the chance to follow a Live Blog that was updated as new episodes took place could only be a fantastic idea.

That was what RadioTimes did back in 2019, mixing Twitter posts, memes, soundtrack videos, and written texts to both updates and entertain its audience.

All posts were made by Huw Fullerton, a pop-culture reference that has been covering the biggest TV shows and movies for a while.

Huw was already known by the Radio Times readers, which made it easier to create connections and a sense of identification with their audience, that could cry and tremble about the episodes with someone they trusted in.

These details made Radio Times’ Game of Thrones Live Blog a success case.

Technology most giant reference: Apple Event Live Blog

With a frequently-refreshing Live Blog, Apple has allowed its customer base to get all the freshest iPhone news on its website for years. 

Not only does this take the brand closer to its niche audience, but it creates a phenomenal hype and turns the Apple Live Blog as the right place to go when customers want brand-new information.

Apple also often live streams special events to announce new products and upgraded features that create market awareness and indulge Apple fans in details they’re curious about.

However, one of the most critical and historic Apple events was the Worldwide Developers Conference 2020, which took place during the Coronavirus outbreak. 

Vehicles like The Verge even made a Live Blog of their own to debate the conference’s content and Tim Cook’s considerations about the company’s future.

Free access to political information: Debate Live Blog

Democratic debates are powerful attention-callers. People are always alert to listen to what politicians have to say, especially when they doubt whom to vote for or want a specialist’s opinion.

FiveThirtyEight is one of those websites that use liveblogging to provide readers with constant updates, so they know what goes down in debates and primaries.

FiveThirtyEight editors feed pages with texts, videos, and Twitter posts to comment on political debates. Meanwhile, the editors let users interact with intuitive graphics, polls, forecasts, and other easy-to-visualize content.

Let’s take the South Carolina Democratic Debate as an example. Notice how editors mix different contents in a timeline to give readers a broader view of the event:

It looks cool, doesn’t it? That’s one of the Live Blog advantages: To mix content and use it intelligently.

The show went on: The Voice Live Blog

NBC’s The Voice kept relevant even during the pandemic. Coaches and contenders changed the already familiar The Voice studio for their homes. GoldDerby commented on Season 18’s finale to engage readers with a broad, real-time Live Blog feeding.

The Voice Live Blog used a more straightforward format approach, posting only short texts to update its visitors. 

Still, live blogging was a smart way to promote GoldDerby’s online prediction program. Winning users got a special place in the Live Blog leaderboard, along with a $100 Amazon Card—see how Live Blog is generating engagement here?

GoldDerby also provided users with a commentary section so they could voice their thoughts on The Voice finale. This was essential to grant readers an exclusive place to comment on their favorite show and create a unique sense of community people don’t usually find on social media

Live Original Blog

Interactive content is very much like the future’s face: it brings people together and gives a human, personal touch that keeps them interested in what you have to say.

Through the years, Live Blogs have evolved and become fantastic channels for folks who watch live sports games, real-time protests, technology conferences, etc.

Despite that, Live Blogs can still do so much more.

For example, in fashion retail companies, Live Blogs can be used to cover special events that matter in the field, such as fashion runaways and even music festivals.

Covering noteworthy events might not only make your brand stand out from the competition, but it will also give you the chance to transform your content to smartly address your audiences’ concerns and point them in the right direction.

If you’re interested in learning more about a Live Blog’s potential, we have numbered 30 Live Blog benefits and why you should pay more attention to your marketing strategy.

Since we know how much difference a Live Blog can make, it would be selfish not to share other Live Blog ideas you can adjust and use in your company.

More ideas for your Live Blog strategy

Arena has been helping companies from several sectors worldwide to build and execute robust Live Blog strategies that skyrocket customer engagement and provide exclusive content.

Want to figure out how? Come along!

1. Launch products — and let people know immediately 

Covering a real-time launch event is always interesting because people are more than ready to be the first to know.

The sooner you give your audience the news, the more educated and confident they will feel.

Let people see what your new products are about and educate them on why they need to buy from you instead of your competitors.

2. Add your own commentary to a conference 

There are certainly a few exciting events in your field that your audience is dying to see. Take the chance to live to blog them and add your own personal touch to the coverage.

3. Live blog during a crisis

Live Blogs become critically important in crisis times when real-time information can influence what readers plan to do next.

This became very clear with the Coronavirus outbreak. Try googling “Coronavirus Live Blog.” You should probably find websites like NBC Bay Area’s, which publishes all the real-time information available in a single place to keep readers updated and safe.

4. Drive traffic to your Live Blog

We know social media is the to-go place when news breaks, but a Live Blog can change that.

Although it is essential to use social media to connect with your audience, having a Live Blog will drive more traffic to your digital properties. Like that, you should depend less on external algorithms and take your audience ownership back to your website.

5. Widen your audience

When you decide to invest in a Live Blog, attracting attention to it is crucial. Start by spreading the news and creating the right buzz towards it.

This will widen your audience and make the most interested people stick around to keep you company.

6. Feel more human to your readers

When aligned with your branding voice, Live Blogs are the perfect place for you to talk about your brand, speak your point of view, and feel more human to your readers.

Remember the Game of Thrones Live Blog? It used a reference to shed light on the show and humanize the Live Blog feed with someone’s actual opinions. And people love that.

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7. Let users interact on your Live Blog

This is essential. People won’t feel like they belong and can be part of the experience if you don’t give them a special place to interact and be active.

Whether you implement a Live Chat Group or a commentary section on your Live Blog, allow readers to express themselves. You’ll see how this stimulates organic engagement and encourages users to come back for more.

Your content strategy is incomplete without a Live Blog

But it doesn’t have to be.

Now that you’ve seen such inspiring examples and ideas, it is time to take the next step and benefit from the many wonders of a Live Blog.

Without the perfect platform to embed on your website, you might miss out on some special features to leverage your website and guarantee your events will be successful.

You want a Live Blog platform that’s intuitive both to your crew and your readers and makes the most out of the investments you’re making.

Arena is ready to optimize and monetize your editorial work with a superb Live Blog tool that is easy to embed and plugged into your WordPress page. It is SEO friendly, scalable, and works on any website.

Ready to get started? Claim your free trial and try Arena’s Live Blog solution!

Real-time Audience Live Blog to Connect and Engage

A Live Blog is an instant attention-grabbing tool that empowers brands to generate real-time engagement. Here’s how some companies are using it to establish a deeper connection with their audience.

High-quality content is more important now than it has ever been.

Digitized and multi-connected, today’s audiences pay significant attention to content that can answer their questions and help them decide if a product or service is right. There is no denying that content is a vital part of the continuously-important customer experience.

With so much competition and information running wild at all times, cutting through the noise might be hard.

With the present moment changing so drastically in such a short period, you surely want to implement the most effective solutions to increase engagement and make your consumers loyal.

But how can you stand out from the crowd and generate immediate engagement with such an imperative audience?

I’m sure you have asked yourself this question a few times through the years.

Thankfully, this article is all about an extraordinary tool that customers are growing extremely fond of and are already expecting your company to have: a Live Blog

Here, you will find how companies are using Live Blogs to generate relevant content and connect with a real-time audience—and why you shouldn’t wait to do the same.

Why a real-time audience matters

Customers are always on. Given the newness of technology and innovation, they have all the tools to remain connected nonstop and wish to consume reliable information that leads them to make better decisions. The faster, the better.

Timing is essential in any marketing tactic these days. A message or campaign will only be valid when it gets to customers exactly when they need it.

Many professionals work day and night to assess customer data and develop exciting content alternatives that arrive sharply on-time. Those who are succeeding already know it: Live content is a gold mine and engages audiences as few things can.

Live content meets consumers’ expectations perfectly because it empowers them to be part of a real-time experience. It promotes instant debates people can get involved with, combining timing and appropriate messages to create a matchless customer experience.

In this scenario, marketers are growing aware of Live Blogs and how to attract their audiences and enhance customer engagement.

How are companies using Live Blogs?

Dynamic and extremely interactive, a Live Blog allows brands to bring different post formats and sources to deliver real-time content for an instant audience.

Live Blogs support several types of content, such as videos, audios, texts, social media posts, and more, to shape a different and more interactional feed.

By liveblogging, you can post regular updates of a relevant event that’s taking place in your field and keep your readers updated on the latest news.

More than that, you can live meaningful stream events that interest your followers, providing them with exclusive coverage. This is way more interesting than writing about an event only after it happened.

It makes users spend more time on your pages instead of digesting information on Twitter or Facebook.

Giving audiences a multimedia content and narrative experience already pays off to companies that embraced Live Blog and made it a crucial part of their marketing communication.

We have already written about how Arena customers are using a successful Live Blog engagement strategy and revolutionizing their content. This time, you will find a few examples to inspire you to use a Live Blog and catch real-time audience’s attention.

Winter came, and everybody watched: Game of Thrones Live Blog

Game of Thrones’ fans has always been head-over-heels for the show.

Considering that 87% of consumers use a second screen while watching TV, giving these passionate fans the chance to follow a Live Blog that was updated as new episodes could only be a fantastic idea.

That was what RadioTimes did back in 2019, mixing Twitter posts, memes, soundtrack videos, and written texts to both updates and entertain its audience.

All posts were made by Huw Fullerton, a pop-culture reference covering the biggest TV shows and movies for a while.

Huw was already known by the Radio Times readers, which made it easier to create connections and a sense of identification with their audience, that could cry and tremble about the episodes with someone they trusted in.

These details made Radio Times’ Game of Thrones Live Blog a success case.

Technology biggest reference: Apple Event Live Blog

With a frequently-refreshing Live Blog, Apple has allowed its customer base to get all the freshest iPhone news on its website for years. 

This takes the brand closer to its niche audience, but it creates a phenomenal hype and turns the Apple Live Blog as the right place to go when customers want brand-new information.

Apple also often live streams special events to announce new products and upgraded features that create market awareness and indulge Apple fans in details they’re curious about.

One of the most critical and historic Apple events was the Worldwide Developers Conference 2020, which took place during the Coronavirus outbreak. 

Vehicles like The Verge even made a Live Blog of their own to debate the conference’s content and Tim Cook’s considerations about the company’s future.

Free access to political information: Debate Live Blog

Democratic debates are powerful attention-callers. People are always alert to what politicians have to say, especially when they’re in doubt about whom to vote for or want a specialist’s opinion.

FiveThirtyEight is one of those websites that use liveblogging to provide readers with constant updates, so they know what goes down in debates and primaries.

FiveThirtyEight editors feed pages with texts, videos, and Twitter posts to comment on political debates. Meanwhile, the editors let users interact with intuitive graphics, polls, forecasts, and other easy-to-visualize content.

Let’s take the South Carolina Democratic Debate as an example. Notice how editors mix different contents in a timeline to give readers a broader view of the event:

It looks cool, doesn’t it? That’s one of the Live Blog advantages: To mix content and use it intelligently.

The show went on: The Voice Live Blog

NBC’s The Voice kept relevant even during the pandemic. Coaches and contenders changed the already familiar The Voice studio for their homes, and GoldDerby commented on Season 18’s finale to engage interested readers with a broad, real-time Live Blog feeding.

The Voice Live Blog used a more straightforward format approach, posting only short texts to update the page’s visitors.

Still, live blogging was a smart way to promote GoldDerby’s online prediction program. Winning users got a special place in the Live Blog leaderboard, along with a $100 Amazon Card—see how Live Blog is generating engagement here?

GoldDerby also provided users with a commentary section so they could voice their thoughts on The Voice finale. This was essential to grant readers an exclusive place to comment on their favorite show and create a unique sense of community people don’t usually find on social media.

Live Original Blog

Interactive content is like the face of the future: it brings people together and gives a human, personal touch that keeps them interested in what you have to say.

Through the years, Live Blogs have evolved and become excellent channels for folks that watch live sports games, real-time protests, technology conferences, and so on.

Despite that, Live Blogs can still do so much more.

For example, in fashion retail companies, Live Blogs can be used to cover special events that matter in the field, such as fashion runaways and even music festivals.

Covering noteworthy events might make your brand stand out from the competition, but it will also give you the chance to transform your content to smartly address your audiences’ concerns and point them in the right direction.

If you’re interested in learning more about a Live Blog’s potential, we have numbered 30 Live Blog benefits and why you should pay more attention to it for your marketing strategy.

Since we know how much difference a Live Blog can make, it would be selfish not to share other Live Blog ideas you can adjust and use in your company.

More ideas for your Live Blog strategy

Arena has been helping companies from several sectors worldwide build and execute robust Live Blog strategies that skyrocket customer engagement and provide exclusive content.

Want to figure out how? Come along!

  • Launch products — and let people know immediately 

Covering a real-time launch event is always exciting because people are more than ready to be the first to know.

The sooner you give your audience the news, the more educated and confident they will feel.

Let people see what your new products are about and educate them on why they need to buy from you instead of your competitors.

  • Add your commentary to a conference 

There are certainly a few exciting events in your field that your audience is dying to see. Take the chance to live to blog them and add your personal touch to the coverage.

  • Live blog during a crisis

Live Blogs become critically important in times of crisis when real-time information can influence what readers plan to do next.

This became very clear with the Coronavirus outbreak. Try googling “Coronavirus Live Blog,” and you should probably find websites like NBC Bay Area’s, that publishes all the real-time information available in a single place to keep readers updated and safe.

  • Drive traffic to your Live Blog

We know social media is the to-go place when news break—but a Live Blog can change that.

Although it is essential to use social media to connect with your audience, having a Live Blog will drive more traffic to your digital properties. Like that, you should depend less on external algorithms and take your audience ownership back to your website.

When you decide to invest in a Live Blog, attracting attention to it is crucial. Start by spreading the news and creating the right buzz towards it.

This will widen your audience and make the most interested people stick around to keep you company.

  • Feel more human to your readers

When aligned with your branding voice, Live Blogs are the perfect place for you to talk about your brand, speak your point of view, and feel more human.

Remember the Game of Thrones Live Blog? It used a reference to shed light on the show and humanize the Live Blog feed with someone’s actual opinions. And people love that.

  • Let users interact on your Live Blog

This is essential. People won’t feel like they belong and can be part of the experience if you don’t give them a special place to interact and be active.

Whether you implement a Live Chat Group or a commentary section on your Live Blog, allow readers to express themselves. You’ll see how this stimulates organic engagement and encourages users to come back for more.

Your content strategy is incomplete without a Live Blog

But it doesn’t have to be.

Now that you’ve seen inspiring examples and ideas, it is time to take the next step and benefit from the many wonders of a Live Blog.

Without the perfect platform to embed on your website, you might miss out on some unique features to leverage your website and guarantee your events will be successful.

You want a Live Blog platform that’s intuitive to your crew and your readers and makes the most out of the investments you’re making.

Arena is ready to optimize and monetize your editorial work with a superb Live Blog tool that is easy to embed and can be plugged into your WordPress page. It is SEO friendly, scalable, and works on any website.

Ready to get started? Claim your free trial and try Arena’s Live Blog solution!

How Customer Data Platform is reinventing customer relations

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.