What Is Customer Lifecycle Management? 2024 Guide

What Is Customer Lifecycle Management?

Customer Lifecycle Management (CLM) is the process of tracking and managing each phase of a customer’s interaction with a business.

It starts from awareness and continues through to purchase and loyalty.

Businesses assign metrics to each stage and analyze these metrics to measure performance.

This helps them understand how well they are meeting customer needs.

Key Stages of CLM

  1. Awareness: Customers first become aware of a product or service.
  2. Consideration: Customers evaluate options and compare solutions.
  3. Purchase: Customers decide to buy a product or service.
  4. Retention: Ensuring customers remain satisfied and continue to use the service.
  5. Loyalty: Building a strong, ongoing relationship with customers.

Benefits of CLM

  • Improved Customer Retention: By understanding each stage, businesses can better meet customer needs, leading to higher customer retention rates.
  • Increased Revenue: Tracking and optimizing each stage can lead to more successful sales and marketing strategies.
  • Data-Driven Decisions: Businesses can make informed decisions based on metrics collected throughout the lifecycle.

Tools for CLM

  • Customer Relationship Management (CRM) Systems: CRM tools help manage interactions with current and potential customers. For a detailed guide on CRM systems, visit HubSpot’s CRM Guide.
  • Marketing Automation Software: These tools streamline marketing efforts, making it easier to target customers at different lifecycle stages.

Many companies use customer lifecycle marketing to personalize their approach and enhance customer experiences. This integration helps create a seamless journey from discovery to loyalty.

How Can Customer Lifecycle Management Improve Your Online Store Metrics?

Customer Lifecycle Management (CLM) can significantly impact your online store performance by improving key metrics such as conversion rates and customer retention. Implementing effective strategies can lead to increased revenue and business growth.

What Metrics Should You Focus On?

Conversion Rate: This metric measures the percentage of visitors who complete a desired action, such as making a purchase. By tracking the customer lifecycle from awareness to loyalty, you can optimize each stage of the sales funnel.

Customer Retention: Keeping existing customers can be more cost-effective than acquiring new ones. Focus on retention metrics to maximize lifetime value (CLV) and enhance profitability.

Click-Through Rate (CTR): Measure the effectiveness of your ads and email campaigns. A high CTR can indicate that your marketing strategy resonates with your target audience.

How Do You Implement Effective Strategies?

Developing effective CLM strategies involves a mix of target audience analysis, relevant content creation, and leveraging technology. Use social media platforms and SEO to boost your online presence.

Target Audience Analysis: Understand the needs and behaviors of your ideal customer. This can help tailor your marketing message to meet their specific goals and incentives, leading to more effective ad campaigns and promotions.

Technology: Employing tools like customer lifecycle management software can streamline your efforts. Tools such as EngageBay are useful for CRM, email marketing, and lead generation.

Content Creation: Produce relevant content that engages different stages of the customer lifecycle. This can improve retention and loyalty metrics by continuously providing value.

By focusing on these key metrics and strategies, businesses can effectively enhance their online store performance and ensure sustainable growth.

What Are The Key Stages In Customer Lifecycle Management?

Customer lifecycle management includes several crucial stages that help businesses build strong relationships with their customers. These stages ensure that a customer’s journey is smooth, from initial contact to retention and advocacy.

What Is The Acquisition Stage?

The acquisition stage focuses on attracting new customers. This involves creating awareness about the brand through marketing efforts such as advertisements, social media campaigns, and referral programs. Businesses aim to reach potential customers and persuade them to make their first purchase. Effective acquisition strategies can significantly enhance customer lifetime value.

During this stage, companies analyze data to understand what attracts customers. They use this information to optimize their marketing campaigns. An important metric to track in this phase is the cost per acquisition (CPA), which helps businesses measure the efficiency of their marketing spend.

What Is The Retention Stage?

The retention stage is about keeping existing customers engaged and satisfied. After the initial purchase, businesses aim to build loyalty through exceptional service, loyalty programs, and consistent communication. Satisfied customers are more likely to become repeat buyers, increasing their lifetime value and contributing to long-term success.

Customer satisfaction and loyalty are key metrics in this stage. Tools such as customer satisfaction scores (CSAT) and customer retention rates help businesses assess their performance. Implementing feedback loops allows for continuous improvement and ensures that customers feel valued and heard. By focusing on retention, companies can reduce churn and foster brand loyalty.

How To Analyze Customer Behavior?

Analyzing customer behavior involves using various tools and focusing on key data points to understand how customers interact with a business. It’s essential for improving customer experience and making informed business decisions.

What Tools Should You Use?

To analyze customer behavior, businesses should employ a combination of analytics platforms, CRM systems, and customer feedback tools.

Analytics platforms such as Google Analytics track website interactions, giving insights into how visitors navigate and what content holds their interest. CRM systems gather data from various touchpoints, creating detailed customer profiles and tracking engagement across the customer journey. Customer feedback tools, like surveys and online reviews, provide direct insights into customer experiences and expectations.

Using these tools collaboratively can help businesses create a comprehensive customer journey map, highlighting pain points and opportunities for improvement. They facilitate personalized recommendations and targeted marketing efforts, enhancing the overall customer experience.

Which Data Points Are Most Important?

When analyzing customer behavior, several data points are crucial for gaining valuable insights.

Demographic information helps in segmenting customers and tailoring personalized marketing strategies. Behavioral data, such as pages visited, time spent on the website, and products viewed, provides insights into customer interests and desires. Transaction history reveals purchasing patterns and preferences, guiding inventory management and product recommendations.

Customer feedback is vital for understanding customer satisfaction and identifying areas needing improvement. Engagement metrics, including email open rates and social media interactions, show how well marketing efforts resonate with the audience.

Customer journey maps help visualize all interactions and events, recognizing key touchpoints and stages in the customer lifecycle map. By analyzing these data points, businesses can make well-informed decisions to meet and exceed customer expectations, resulting in a better overall customer experience.

What Are Common Mistakes To Avoid In Customer Lifecycle Management?

Customer lifecycle management involves tracking customer interactions and improving their experience. Avoiding common mistakes can enhance customer satisfaction and loyalty.

What Are Examples Of Ineffective Strategies?

One major mistake is neglecting to use proactive customer service. Relying solely on reactive measures can lead to customer churn. Instead, businesses should anticipate issues and offer solutions before customers face problems.

Failing to personalize customer interactions is another error. Using generic messages instead of tailored recommendations can alienate loyal customers. Companies should leverage data to provide relevant content and exclusive offers.

Ignoring self-service tools is also a common pitfall. Many customers prefer to resolve issues on their own using FAQs, tutorials, or live chat support. Not offering these options can frustrate customers and increase support costs.

How Do You Identify And Rectify Mistakes?

Identifying mistakes involves regularly analyzing customer feedback and interaction data. Tools like surveys and support tickets can reveal pain points. Monitoring these metrics helps pinpoint areas needing improvement.

Rectifying these errors requires implementing best practices. For instance, introducing proactive support efforts or enhancing self-service tools can mitigate issues. Offering exclusive offers and personalized discounts can also improve customer relationships.

Engaging in consistent competitor analysis ensures that your strategies remain competitive. Observing how competitors handle customer lifecycle management can provide insights into effective practices and areas of improvement.

Frequently Asked Questions

This section addresses common inquiries about Customer Lifecycle Management (CLM), outlining key differences with CRM, stages involved, practical examples of implementation, and importance for strategy.

How does customer lifecycle management differ from customer relationship management?

Customer Lifecycle Management (CLM) focuses on the entire journey of the customer, from awareness to advocacy. Unlike Customer Relationship Management (CRM), which mainly handles the ongoing relationship and interactions, CLM tracks and optimizes each stage of the customer journey to improve satisfaction and retention. For more details, visit Customer Lifecycle Management.

What are the primary stages involved in the customer lifecycle?

The customer lifecycle usually includes five stages: Awareness, Consideration, Decision, Retention, and Advocacy. Each stage represents a different phase of the customer’s interaction with a business. Managing these stages effectively can help in increasing customer loyalty and encouraging repeat business.

Can you provide examples of how businesses implement customer lifecycle management?

Businesses implement CLM using various strategies like personalized marketing campaigns, automated email sequences, and customer feedback systems. For instance, a company might use customer lifecycle software to automate and track interactions, making it easier to provide tailored experiences at each stage.

Why is understanding the customer lifecycle important for business strategy?

Understanding the customer lifecycle allows businesses to tailor their marketing, sales, and support strategies to better meet customer needs at each stage. This comprehensive approach can lead to higher customer satisfaction and increased loyalty, which is crucial for long-term success.

What strategies are effective for managing customers throughout their lifecycle?

Effective strategies for managing the customer lifecycle include personalized communication, targeted promotions, and data-driven insights. Offering excellent customer service at each touchpoint and regularly evaluating the effectiveness of strategies can significantly enhance customer experience and retention.

How is customer lifecycle management adapted for the banking industry?

In the banking industry, CLM involves personalized financial advice, tailored loan offerings, and proactive support services. Banks may use customer lifecycle management to track customer interactions and provide timely, relevant services to enhance customer satisfaction and loyalty.

Branded Content in Olympics: Engagement and Revenue

Branded content marketing has emerged as a powerful alternative for publishers seeking to deliver high-value content to their audiences while enhancing revenue, especially during major events like the Paris 2024 Olympic Games.

This strategy goes beyond traditional advertising by creating engaging and relevant content that resonates with viewers on a deeper level. As publishers look to capitalize on the global excitement surrounding the Olympics, branded content offers a unique opportunity to forge meaningful connections with audiences and generate substantial engagement.

What Is Branded Content?

Branded content is a piece of content marketing media that a marketing professional creates to promote businesses or specific products in innovative ways. Unlike traditional digital marketing efforts such as ads, commercials and banners, branded content marketing isn’t about doing a direct sale, but rather establishing a long-lasting connection with your audience.

Branded content can take many forms, but is typically a partnership with a publisher and/or advertiser that work alongside a brand to create a storytelling narrative that inspires, informs or influences the audience. Through branded content marketing, a business can showcase their personality, ethos, and identity, humanizing the brand and fostering authentic and trustful relationships.

Why Is Branded Content is Important?

Branded content marketing matters because it is a long-term investment in your brand’s reputation. Besides being a great way to attract new customers by grabbing their attention with engaging media, branded content helps businesses maintain its customer base by providing entertaining and educational content that appeals to existing customers.

So, why is branded content so important for your business?

1. Build trust and authenticity

Creating compelling content fosters emotional connections that traditional marketing alone cannot achieve. Brands can create narratives that showcase origins, challenges and triumphs, companies become more relatable and this transparency establishes a foundation for a genuine and honest relationship.

By creating narratives that evoke emotions such as joy, empathy and inspiration, branded content marketing helps companies to resonate deeply with audiences on an emotional level.

2. Focus on consumers

Branded content marketing helps shine the spotlight where it matters the most: your customers.

Optimizing customer experience is a key objective of any successful marketing campaign strategy, and branded content play an important role in this journey. By creating content that is relevant, valuable and enjoyable for your audience, you can foster positive and memorable experiences.

Branded content also serves an educational purpose, offering pertinent information, addressing concerns and questions or engaging in cultural trends. Whether delivered through videos, blog posts, or social media updates, branded content enhances the customer experience, creating a more enjoyable and fulfilling interaction with your brand.

3. Potential for growth

Branded content pieces usually appears on digital platforms such as social media, the company’s website and media outlets. Because the internet is in constant evolution, there are always potential new formats or channels for branded content to emerge and become popular.

As more platforms are born and integrate with one another, so does the reach of a branded content marketing strategy, attracting consumers from different internet sources. To make sure that it is easy for customers to find the brand and its content, it is crucial to optimize all pieces of content for SEO purposes.

4. Build brand awareness

According to the International Journal of Advertising, branded content is 22 times more effective than traditional advertising. Branded content helps increase visibility and recognition of your brand by creating engaging and memorable content that resonates with your target audience. This can enhance brand recall and establish a stronger brand presence in the market.

5. Differentiates the Brand from Competitors

In a crowded market, branded content allows a brand to showcase its unique voice, values, and personality. This differentiation helps the brand stand out from competitors and can be a key factor in a customer’s decision-making process.

Examples of Branded Content

Marketing professionals can create a wide range of branded content pieces, such as:

  • Documentaries that connect the brand to impactful stories
  • User-generated content for social media 
  • Explainer series that connect websites with videos and quizzes
  • Sponsored articles in news websites
  • Case studies highlighting how the brand connects with audiences

Branded Content in Sports

Branded content in sports has become a powerful tool for marketers, leveraging the passion and engagement of sports fans to create memorable and impactful campaigns. This type of content allows brands to seamlessly integrate their message into the sports experience, providing value to fans while enhancing brand recognition and loyalty.

By aligning with the excitement and emotional highs of sporting events, brands can create authentic connections with their audience. Whether through sponsorships, collaborations with athletes, or creating unique sports-related content, brands can tap into the fervent fan base to drive engagement and brand affinity.

Brands can explore different types of sports branded content, such as influencer-driven videos, compilations of unique and impactful moments or personalized profiles of teams and athletes, brands can leverage the power of a well-crafted storytelling to reach a wider audience.

Why the Olympic Games are a Great Opportunity for Branded Content

The Paris 2024 Olympic Games present an unparalleled opportunity for branded content due to their global reach and the intense emotional connection they evoke among viewers from all over the world. With over 1 billion estimated global audience, the Olympics offer brands an unique platform to reach a diverse and engaged audience. The event’s universal appeal and the stories of perseverance, triumph, and sportsmanship resonate deeply with viewers, making it an ideal backdrop for creating impactful branded content. By aligning with the values and excitement of the Olympics, brands can craft narratives that not only promote their products but also inspire and connect with their audience on a profound level.

Moreover, the multi-faceted nature of the Olympics, encompassing a wide variety of sports and athletes from different cultures, allows brands to tailor their content to specific segments of the audience. This versatility enables brands to create highly personalized and relevant content, enhancing engagement and effectiveness. Additionally, the extensive media coverage and social media buzz surrounding the Olympics amplify the reach of branded content, providing ample opportunities for brands to leverage user-generated content and real-time marketing.

Successful Branded Content Initiatives during the Olympic Games

P&G’s “Thank You Mom” Campaign

To celebrate 100 days until the Opening Ceremony of the Rio 2016 Olympic Games, Procter & Gamble (P&G) released a new installment of their award-winning “Thank You, Mom” by releasing a new video, “Strong”.

The branded content piece followed the Olympic Games journeys of four mothers and their Olympian children, showing moments, both big and small, when a mother’s strength makes all the difference, building up to the moment when each child finds their own courage to participate in the world’s biggest sports event – the Olympic Games.

P&G’s branded content marketing strategy sought to reach their most important audience, moms. With over 1 billion global impressions, the campaign greatly increased P&G’s brand awareness and it is considered one of the company’s most successful worldwide campaigns ever.

Leveraging Arena Community for Branded Content Strategies

Publishers can leverage Arena Community to forge impactful partnerships with brands and develop robust branded content strategies. Arena Community’s suite of products, including Live Chat, Live Blog, real-time engagement tools, and content moderation, offers a dynamic platform for creating immersive branded experiences. By utilizing these functionalities, publishers can host interactive live events, conduct real-time polls, and facilitate discussions that seamlessly integrate brand messaging, making the content more engaging and relevant for the audience.

These initiatives not only enhance audience engagement but also open up new revenue streams for publishers. By partnering with brands, publishers can create sponsored content and collaborative campaigns that resonate with their readers. Arena Community’s analytics tools provide valuable insights into audience behavior, allowing publishers to tailor their content strategies and demonstrate the effectiveness of branded content to their partners. This synergy between interactive online community features and branded content marketing not only boosts publisher revenue but also strengthens the connection with their audience, fostering a loyal and engaged community like never before.

Learn how Arena can help you enhance audience engagement in sports coverage.

First Party Data For Brands: Ways To Lift Revenue

First-party data is quickly becoming the new opportunity to fuel personalization, customer engagement and online growth. Publishers are already starting to use first-party data to deliver customized experiences to their audience. For retail and ecommerce brands, there’s a tremendous opportunity to grow with first-party data. 

What Is First Party Data Anyway and Why It Matters

The best way to explain first party data is through a quick story. Imagine you’re running digital marketing at an apparel company and you’re looking for ways to sell more shoes this quarter. You have many different options and resources to choose from. One decision you’ll have to make upfront is what kind of data to leverage.

Consider planning your campaign by reviewing past customer activity. For example, you may look at website analytics to see which product pages are already receiving the most traffic. In addition, ask your customer service colleagues to summarize what kind of questions and complaints you get. All of this data comes directly from your customers, website visitors, and email subscribers. That’s all first party data.

First party data is often contrasted with another popular type of marketing data: third party data. For many years, digital marketers have used third party data for growth. Third party data is customer data generated by other companies. While this type of marketing data is popular, it’s becoming less useful for two reasons.

There are two reasons why companies are moving away from third party data. First, it is less transparent to consumers and can result in negative feedback. Second, Google and Apple are ending support for third party cookies (a popular technology that enables many third party marketing campaigns) in their browsers. 

First party data has multiple applications regardless of how you sell products. Let’s take a closer look at some of the most powerful use cases.

Retail and Ecommerce Use Cases For First Party

At its simplest, first party data is data that you gather directly from your customers, website visitors and others who interact with your brand online. Leveraging first party data makes it easier to achieve several sales and marketing goals.

Achieving Marketing Goals With First-Party Data

Systematically using first party data makes it easier to achieve your digital marketing growth goals. 

Optimize Your Content Marketing Efforts

First party data tells you what content, links and assets your audience finds the most engaging. For example, start your analysis by reviewing your top 10 pages by traffic for the past 90 days. Ideally, focus on the pages that have driven the most conversions (e.g. purchases, website signups etc). 

Based on what you find, you can make better decisions about your content marketing strategy. An athletic apparel ecommerce company might find that their ultimate guide for marathon running drives the most conversions. Based on that insight, you may create more content to attract marathon runners to your website. 

Reduce Digital Marketing Expenses

Success in digital marketing requires the patience to experiment with new ideas, technologies and campaigns. The downside is that many marketing tests may not deliver significant results. When marketing budgets come under pressure, you may be asked to stretch your marketing dollars further. First-party data can play a powerful role in lifting marketing efficiency in the following ways.

Optimize Referral Campaigns

Word-of-mouth referrals are one of the most powerful ways to grow online. That said, sending out a blast message to your entire database is unlikely to work.

It’s far better to focus referral campaigns on your VIP customers – the ones who buy over and over again. First party data can help you identify your best customers which means you can create a far more targeted referral campaign.

Boost Loyalty Marketing Efforts

Many retail companies have loyalty programs because these efforts effectively encourage repeat business. The data you gather from buyers through your loyalty program is one of the most valuable forms of first party data. 

Analyze the buying patterns of your top customers and then use those patterns to inform your new campaigns. For example, you may find that 80% of repeat shoppers start by buying low-priced products. Use that insight and prepare a loyalty campaign to encourage one-off buyers to buy that product.

Increasing referrals and loyalty sales don’t require additional advertising so they’re a great choice when budgets are tight. You just need to focus on analyzing your customer data and executing campaigns based on those insights. 

Achieving Sales Goals With First-Party Data

Some businesses are not focused on online sales. For example, industrial products, vehicles and enterprise software are rarely bought in a matter of clicks. In these more complex sales, first party data can support your sales goals.

Identify High Interest Sales Leads

Sales professionals only have so many hours in the day. First party data can play a role in lifting the efficiency of sales conversations. An analysis of first-party data can identify the prospects who are the most engaged with your content and may be open to a sales call.

Earn Attention With Relevant Content

Complex sales can take weeks, months or even years to close. Staying in touch with prospects during these longer customer journeys takes a lot of work! You can only send a “checking in” style email so many times. 

First party data can support the nurturing process. You can see which content your customers access in the lead up to purchase and afterward. As a result, you can craft follow up messages focused specifically on content that resonates with buyers.

From First-Party Data To Deeper Engagement

Simply gathering and using first party data will give you an immediate advantage in making sales and reaching your marketing goals. 

Ultimately, your goal isn’t really focused on getting data (even highly useful data like first party data). You want to build an audience of people who look forward to visiting your website regularly. An audience who finds insights, connections and experiences all through your company is one that will stay loyal. 

The secret to gaining first party data and deep engagement requires the right technology. That’s where Arena Live Chat technology comes in. You can install it in just a few minutes and get up and running. Discover more about how Arena can help you grow ecommerce revenue!

Leveraging the Success of Reddit, YouTube, and TikTok for Your Brand’s Growth

Social media platforms have revolutionized the way brands interact with their audience. Reddit, YouTube, and TikTok, in particular, have emerged as powerful tools for brand marketing and community building, offering unique opportunities for engagement, storytelling, and viral content creation. This article delves into how the success of these platforms can be harnessed to boost your brand strategy.

With recent disruptions at Twitter, including concerns around hate speech, upheavals in their management, and wavering trust from advertisers, many have been left pondering the future and efficacy of social media for branding. While it’s tempting to generalize and deem the era of social media marketing as waning, there are gems in the digital landscape that offer unparalleled opportunities.

The Importance of Social Media to Community Building

Building a community on social media is crucial for fostering strong, meaningful connections between a brand and its audience. Social media platforms provide a dynamic space for real-time interactions, enabling brands to engage directly with their followers, gather instant feedback, and create a sense of belonging. By consistently sharing valuable content, responding to comments, and participating in conversations, brands can nurture loyalty and trust. This continuous engagement not only helps in retaining customers but also attracts new ones through word-of-mouth and increased visibility.

Moreover, by bringing social media content to your website, you can further strengthen your digital marketing strategies. Integrating social media feeds into your site creates a seamless content stream that enhances user experience and keeps your audience engaged across multiple platforms. This holistic approach ensures your brand strategy is consistent and compelling, driving sustained growth and community building.

Understanding the Changing Tides of Social Media

Selecting the right platforms to amplify your brand engagement on social media. Remember, on these platforms, the relationship with your audience isn’t truly yours. They can modify the rules, adjust algorithms, or introduce new features, impacting your audience engagement. Therefore, your overarching strategy should be to drive this audience back to assets you own, such as your website.

Relevant studies to note

  • Business Insider Intelligence: Highlights TikTok as the favorite among Gen Z.
  • Nielsen: Indicates 80% of sports enthusiasts use social media platforms to stay connected with their favorite teams.
  • Social Media Examiner and HubSpot: Respectively found that 85% of marketers leverage YouTube, while 70% are tapping into the potential of Reddit for marketing.

Diving Deeper into the Giants

1. YouTube: Visual Storytelling

Founded in 2005, YouTube is a powerful platform for visual storytelling. Brands can create high-quality videos that showcase their products, share customer testimonials, or provide how-to guides. Engaging video content not only attracts viewers but also keeps them on the platform longer, enhancing brand recall and loyalty.

Key Capabilities

  • Audio and video files upload, allowing users to create content playlists and collections.
  • YouTube Shorts: a new functionality that works similarly to TikTok, within the mobile app and web browser.
  • Community features, enable users to interact with other users through comments, likes, and subscriptions.
  • Live streaming and captioning.
  • Offers advertising via Google and sponsored video collaborations.

YouTube SEO Best Practices

Optimizing video titles, descriptions, and tags with relevant keywords is crucial for YouTube SEO. Creating compelling thumbnails and including call-to-actions within videos can also boost engagement. Regularly updating your channel with fresh content helps maintain viewer interest and attract new subscribers.

Fit for Business Types: Media & Publishing houses, Entertainment, Retail & eCommerce with video showcases.

2. TikTok: Viral Trends and Challenges

TikTok’s algorithm favors content that is engaging and entertaining. Brands can capitalize on this by creating short, catchy videos that align with current trends. Participating in challenges, using popular music, and collaborating with influencers are effective ways to increase visibility and reach on TikTok.

Key Capabilities

  • Limited to 10-minute video durations; shorter videos gain traction.
  • TikTok Stories last only 24 hours, similar to Instagram Stories.
  • TikTok has filters, a sound library, video duet and reply, and a robust editing tool kit.
  • Provides CPM and CPC advertising options.

Best Practices for Creating Viral TikTok Content

To create viral content, brands should focus on creativity and relevance. Keeping videos short and engaging, using trending hashtags, and encouraging user-generated content can enhance the chances of going viral. Brands can capitalize on community challenges and influencer partnerships, monitoring analytics helps in understanding what works and refining strategies accordingly.

Fit for Business Types: Consumer brands, publishers, and Entertainment sectors seeking genuine audience engagement.

3. Reddit: Community-Driven Engagement

Famous as a “community of communities”, Reddit is known for its diverse and highly engaged user base. By participating in relevant subreddits, brands can connect with niche communities and build authentic relationships. Engaging in discussions, sharing valuable content, and responding to user queries can help brands establish trust and authority within these communities.

Key Capabilities

  • Hosts subreddits dedicated to specific interests.
  • Subreddits are managed by moderators, know as “Redditors”, who help keep the discussions safe and relevant.
  • Community features such as submissions, comments, private messages, and more.
  • Offers varied advertising options from sponsored links to Q&As.

Best Practices for Reddit Marketing

To succeed on Reddit, brands should focus on authenticity and value, as well as respecting platforms conventions and community standards. Avoid overly promotional posts and instead, contribute meaningful insights and content. Utilizing Reddit Ads can also help target specific demographics and drive traffic to your website.

Fit for Business Types: Companies focusing on niche audiences, wanting to build or integrate into existing communities.

4. Twitch: Live Streaming and Engagement

Twitch, primarily known for its live streaming capabilities, has evolved into a vital platform for brands looking to engage with their audience in real-time. With millions of daily active users, Twitch offers a unique opportunity to connect with a highly interactive and engaged community. By hosting live streams, brands can showcase their products, offer behind-the-scenes glimpses, and engage in real-time conversations with viewers. This level of interaction fosters a sense of immediacy and authenticity, allowing brands to build strong, loyal communities.

Key Capabilities

  • Offers an immersive viewer experience with live streams.
  • Provides conventional advertising and sponsorships through donations and bits.
  • Gaming features for both streamers and gamers.
  • Category browser.
  • Squad streaming to watch multiple streams.

Best Practices

To succeed on Twitch, brands should focus on creating engaging and interactive content, understanding unique content niches such as gaming, cooking, fitness and music. Brands can collaborate with streamers that resonate with your company’s ethos, hosting live Q&A sessions, product demonstrations, and exclusive behind-the-scenes content can captivate viewers and encourage participation.

Utilizing Twitch’s chat feature to respond to viewers’ comments and questions in real-time enhances the viewer experience and strengthens the community bond. Additionally, collaborating with popular Twitch streamers can help brands tap into established communities and gain credibility.

Fit for Business Types: Brands targeting Gen Z, those in Entertainment, Fitness, and any brand wishing to tap into niche segments with high user engagement.

Discovering Niche Platforms

Many social media networks specialize in a specialized niche. While smaller sites may not have TikTok or YouTube audiences, they have other benefits. Focused audiences are easier to discover. Building ties with influencers may be easier.

  • LinkedIn, the leading business social media platform, now features articles, videos, and groups.
  • Sports Thread is a student-athlete social network. Brands have new potential since the NCAA allowed student-athletes to be compensated for their name, image, and likeness (NIL).
  • Ravelry is a knitting, crocheting, spinning, and related social network. It’s estimated that 45 million Americans crochet and knit. Reaching women, who make up majority of this population, using this medium may be new.
  • Social network Goodreads connects authors and readers. This Amazon-owned platform is essential for publishers seeking enthusiastic readers.

Success stories: How well-known companies have used social media for marketing

1. The Home Depot

The Home Depot is a home improvement retailer that uses YouTube to create product videos, tutorials, and live streams. The company has over 10 million subscribers on YouTube and its videos have been viewed over 1 billion times.

The Home Depot’s YouTube channel has helped the company to:

  • Increase brand awareness: The company’s videos have helped to introduce its products and services to a wider audience.
  • Generate leads and sales: The company’s videos have helped to generate leads and sales by providing information about its products and services.
  • Build relationships with customers: The company’s videos have helped to build relationships with customers by providing them with helpful information and advice.

2. The NBA

The NBA is a professional basketball league that uses TikTok to create short, engaging videos that can be shared with its fans. The league has over 100 million followers on TikTok and its videos have been viewed over 10 billion times.

The NBA’s TikTok channel has helped the league to:

  • Engage with fans: The league’s videos have helped to engage with fans by providing them with short, entertaining content.
  • Promote its games: The league’s videos have helped to promote its games by showcasing highlights and behind-the-scenes content.
  • Build excitement for the league: The league’s videos have helped to build excitement for the league by creating a sense of community among its fans.

3. The International Cricket Council (ICC)

The ICC is the governing body of cricket that uses Reddit to connect with fans and answer their questions. The organization has over 100,000 subscribers on Reddit and its posts have been upvoted over 1 million times.

The ICC’s Reddit channel has helped the organization to:

  • Connect with fans: The organization’s posts have helped to connect with fans by providing them with a platform to ask questions and interact with the organization.
  • Answer questions: The organization’s posts have helped to answer questions from fans about cricket.
  • Build a community: The organization’s posts have helped to build a community among cricket fans.

These are just a few examples of how well-known companies have successfully integrated social media into their marketing strategies. If you are looking for a way to reach your target audience, build relationships with customers, and generate leads and sales, then integrating social media into your marketing strategy is a great option.

How to Integrate your Social Media Content on your Website

Bringing your content from social media to create a social stream with Arena Community allows you to seamlessly integrate dynamic, real-time updates from platforms like Twitter, Twitch, and YouTube directly into your website. This integration not only enriches your site with fresh, engaging content but also enhances user interaction by keeping visitors informed and connected. By showcasing social media highlights, user-generated content, and live updates, you create a vibrant content stream that fosters community engagement, strengthens your digital marketing strategies, and provides a cohesive brand experience across multiple channels.

Crafting A Resilient Digital Strategy

It’s evident that while platforms like Reddit, YouTube, and TikTok offer unmatched potential, putting all your eggs in their baskets can be precarious. Brands need to prioritize driving traffic back to owned assets. Enhancing your website with community-centric features like live chats or live blogs can be a game-changer. Dive deeper into how integrating solutions like Arena’s Live Blog can redefine your community-building strategy.

Get More Customers With A Retarget Customer Data Platform

A customer data platform needs the right fuel to achieve growth—data from sales systems, customer loyalty data, insights from programmatic advertising, and advanced analytics all help. Ultimately, the way to lift conversion rates requires significant first-party data. 

Why First Party Data Should Be The Core Of Your Marketing Strategy

If you ask most marketing teams, they’ll say they are drowning in data from analytics tools. The burden gets even more significant when you factor in customer insights from third-party data. That’s why your customer data platforms need to emphasize direct interactions with customers (i.e., first-party data).

To make the most out of your marketing activities and get better retargeting results, you need the proper foundation in place first. With the right marketing technology, it is far easier to focus your advertising campaigns to achieve better click-through rates and increase conversion rates.

Gathering Your First-Party Data For Retargeting

Fulfilling your business strategy is easier when you can make Facebook ads, email marketing, and overall digital marketing deliver more results. Effectively gathering first-party data into a centralized database makes it easier to provide personalized experiences.

To build accurate customer profiles, look at the data you already have, like purchase history, insights from your legacy systems, and other data points available in your marketing automation platform. These data points are vital to building a company’s first-party data foundation. However, there is much more high-quality customer data you can gather.

4 Marketing Opportunities To Gather And Use First Party Data 

Online events and community experiences give you an unusual way to transform anonymous visitors into potential customers. To achieve this feat, your tech stack needs to be equipped with marketing automation tools like Arena Personas and live chat. Once your email systems and preferred marketing solution are ready, it’s time to engage your target audiences. 

1) Offer Online Experiences To Potential Customers

Using marketing campaigns to gather today from various customer segments is easier when there is a value exchange. Every single customer should get something out of interacting with your company like a community experience, pricing (e.g. discounts), early access to products or useful insights.

For example, you can use Arena live chat to deepen your customer relationships by running engaging online events. As you add more engaging experiences, customer acquisition cost may go up for a period of time. In the long term, providing customers live event experiences can raise customer retention.

Instead of attempting to understand the desires of anonymous segments, tracking user engagement in different types of online activity (e.g. chat and website use) leads to more actionable insights. Let’s break down how gathering first-party data with an online experience can help.

E-Commerce Business Use Case

For example, B2C customers may react with excitement in a chat session during a livestream event. To see how this information could be used, consider e-commerce brands. They may be considering launching 10 products over the next quarter but  can use this insight to improve the results of product launches. By observing the chat and related behavior patterns like website clicks, you can estimate demand for products (e.g. “Hey, we noticed over a hundred people wanted the new blue shirt!”). 

With this insight in mind, there are at least two ways you can get more business. First, you can run a targeted campaign to your current customers and reference your chat experience (e.g. “We saw that many of you are excited about our new linen blue shirts! Order by Friday and you’ll get 10% off!”). Second, you can then make changes on your advertising platform to emphasize the new shirt. 

2) Create Campaigns For Your Current Customers 

Marketing campaigns often focus on bringing in net new customers and prospects. In addition to that objective, it’s important to engage your current customers. In many respects, it’s easier to  execute data-driven personalization is to focus on customers. Unlike anonymous website visitors, customers have signaled what they value with their buying behavior including offline purchases. Let’s illustrate this use case for enterprise-level companies in the software industry. 

B2B Enterprise Use Case

Selling complex business software often feels like a Herculean task. Achieving business success often requires a full team of sales professionals like account executives, sales development representatives and others. Further, the marketing team is constantly working hard to collect customer stories, optimizing online advertising campaigns and more.

In this context, it’s vital to make the most of your customer base. For example, you might have a significant percentage of customers on a mid tier plan while your goal is to emphasize the top tier enterprise plan. In that case, you might offer online experiences showcasing the success of users in the top tier plan and encourage them to share their success stories. For instance, enterprises users might rave about the analytics capabilities and native integrations available in your top tier plan. Running a live event where customers have the opportunity to share their experiences with each other is powerful!

There are some downsides to this type of campaign. It requires significant insight into customer behavior. It’s vital to know your customer satisfaction levels so that you shine a spotlight on your most delighted customers. This type of campaign also requires significant collaboration between sales and marketing. Fortunately, solutions like Arena Personas make such marketing efforts easier to arrange. 

3) Get Better Lookalike Audiences

In Facebook advertising, it has been a common practice to create a lookalike audience by uploading your customer list. Facebook then uses its customer match capabilities to find more people who are similar to your current customers. This approach to Facebook advertising isn’t your only option. What if your target audience isn’t on Facebook or Facebook campaigns aren’t producing satisfactory results? The first party data you gather can help you to market more effectively.

The downside to relying entirely on an advertising platform for lookalike audiences is that you are dependent on their database. If some or many of your customers are not active users on Facebook, retargeting via the Facebook pixel may not work well.

The alternative is to build your own lookalike audiences. With a large enough audience, you may be able to pursue granular segmentation in a custom audience as shown in the following example.

Individual Audience Factors

Every purchase is ultimately made by an individual, whether they are buying as a consumer or at a company. Therefore, it is usually wise to start with these factors.

  • Age: understanding the typical age profile of your ideal audience helps you to decide which channels, creative and offers to use.
  • Gender: it is helpful to know if gender differences are relevant to your market.
  • Geography: contrast the geography of your website visitors to your ideal customer profile.
  • Interests: find out the topics, publications and media your audience likes. If you offer online event experiences like virtual conferences, look at registration records to see 

B2B Audience Factors

If you are focused on appealing to B2B audiences, the following customer attributes are important. 

  • Industry: to minimize confusion, use a standard industry classification like the North American Industry Classification System (NAICS).
  • Company Size: use number of employees or revenue as a filter. 
  • Technology Stack: If you offer technology products or services, knowing the customer’s tech stack is helpful. For example, does it matter if the customer uses Salesforce?

Is Your Audience Segment Too Large?

Audience segmentation can become less useful when the audience becomes too large. IF you end up with an audience segment with millions of individual customers, it may need to be narrowed down. Leverage feedback from the sales team and customer service to narrow the list. They may be able to help you identify the customer attributes associated with the most valuable customers (e.g. people who tend to move through the customer journey quickly).

4) Lapsed Customer Engagement

When a customer cancels their account or stops buying for a long period of time, all hope is not lost. In many cases, you have a good chance to reengaging lapsed customers with a retargeting campaign. To build this type of audience segment, it’s important to choose who to include and who to exclude.

Start by defining a lapsed customer. For simplicity, let’s define a lapsed customer as a prior customer whose last purchase was six to twelve months ago. Once you have that list, it’s vital to filter it further using your customer relationship management data. Specifically, you want to exclude customers who complained or experienced significant problems. Reengaging such former customers is much more challenging and may require more guidance from the sales team.

Now that you have your audience segment prepared, prepare a custom advertising campaign. B2C companies often find that a simple “we’ve missed you!” style message with an incentive (e.g. 10% off coupon) is an effective way to bring back customers. For B2B campaigns, communicating new features or capabilities can help. Even better, reengage lapsed customers by inviting them to an online event.

The Final Ingredient To Successful Retargeting: Leverage Market Awareness

Once you choose one of the ideas from above to execute, there is one more critical point to consider: market awareness. The three part market funnel – top of funnel, middle of the funnel and bottom of funnel – gives us a good framework. Let’s pair the market funnel concept with the audience segmentation we covered earlier.

1) Top of Funnel

In the top of the marketing funnel, most prospects have little to no understanding of your product and how it might help them. This is the marketing equivalent of cold calling. The advantage of top funnel marketing is that you have the greatest opportunity because this segment is always the biggest. The disadvantage is that you usually need to be more patient.

With a top of funnel focus, leveraging the “Offer Online Experiences To Potential Customers” strategy makes sense. In this case, your primary marketing campaign would focus on inviting prospects to an online event. After the event, you would follow up with retargeting campaigns to offer an event recording or other assets to give people a reason to opt in to your marketing.

If you use events, use our how to promote your virtual event guide to get more attendees.

2) Middle of Funnel

Also known as the evaluation stage, the middle of the funnel is an intermediate step in the customer journey. In this stage, the potential customer has some awareness of what you offer. It’s now up to you to nurture the prospect further. In contrast to top of funnel, you likely already have some prospect or customer data in place so you can start off with a retargeting campaign.

Consider adapting the “Create Campaigns For Your Current Customers” concept to middle of the funnel campaigns. Highlighting your current customers via an event, case study or interview is a powerful way to prove your credibility. Using your customer data platform, identify prospects who have interacted with your brand in the past 3 months (e.g. attended a webinar, participated in a live chat etc). Once you have identified this audience segment, create a marketing campaign to emphasize your case studies.

3) Bottom of Funnel

Converting leads at the bottom of the marketing funnel depends on your business model. If customers make an online purchase, a campaign offering a deadline and incentive is often a good bet. For B2B or enterprise sales, running marketing campaigns may not be your best best. Instead, it may be more effective to collaborate with the sales team to find out what type of campaigns they want. For example, highly customized and targeted direct mail campaigns may be the best way forward.

Use Arena Personas To Get More of The Right Data

Data driven personalization campaigns and advanced audience segmentation all depend on having high quality data. To help companies get more of the data they need to grow, use Arena Personas. It’s the fastest way to collect and import first-party data into your customer data platform. Then you’ll find it far easier to run retargeting campaigns across the marketing funnel.

How To Manage Live Chat Experiences

Live experiences are a powerful way to connect more deeply with your community. With Arena, it’s easy to create new digital experiences quickly. Like any good story, there is a beginning, middle, and end to managing a live experience. We’ll guide you through each step, but first, there is an important question we need to answer.

Why Offer Live Experiences At All?

Creating an engaging live experience for your audience takes effort and resources. You might have experience running the occasional event or traditional digital marketing campaigns. There are a few reasons why offering live experiences to your audience is valuable.

1) Get Faster, Better Feedback From Your Audience

Without consistent feedback from your audience, it’s difficult to know if your marketing and experiences are working. Sure, tracking traditional metrics like conversions and engagement levels is helpful. It’s even better to get live feedback! 

Just imagine if you could show a product mockup to customers during a virtual event – that would give you far richer feedback than measuring the number of clicks on a page.

2) Thrive In The Post-Cookie Online World

Digital marketers and audience builders can’t rely on traditional cookies to understand audience behavior and interests. The solution, in brief, is to build a direct relationship with your audience (i.e., first-party data). For more insight on this change, see our post: The Future of Cookies In Marketing Strategy.

When your brand offers appealing social events using live chat, it becomes far easier to gather first-party data. That rich data is the foundation of success in the 2020s and beyond.

3) Deepen Audience Relationships

The final reason why offering live experiences matters comes down to relationships. Think back to the last conference you attended, like SaaStr Annual. You probably met lots of people, discovered new insights, and felt positive about the event. You can capture some of that event magic with engaging online experiences. By regularly running engaging live events, your audience will start to see your online presence as a community rather than simply a website.

Now that you see why it’s vital to provide live experiences to your audience, let’s start the planning process.

The Beginning Of Your Live Experience: Set Up Your Chat In Arena

Now you are ready to build your live chat experience in Arena. Use the following steps to set up and customize your live chat experience.

Step 1: Log in to your Arena account

Step 2: Click on Live Chat in the Arena dashboard.

Step 3: Click create a new chatroom.

Step 4: Name your chat (e.g., “Annual Launch Event”)

The chat name you select is for internal use only – chat participants will not be able to see this name.

Step 5: Select your chat status

There are two options: live and closed. The live option launches your chat session immediately and makes it available to everyone. On the other hand, if you want to be the only one who can post messages, choose closed.

Assuming you are planning a live experience for a future time, the closed status option is best. That means you can further customize the settings to your liking before making the live chat available to your audience.

Step 6: Choose your live chat settings

Arena gives you various ways to manage the experience depending on your needs. The list below includes some of the most significant options to keep in mind:

  • Language: choose the language your participants want to use.
  • Keep Chat Open: turn this option to make sure your chat is seen by the user.
  • Send direct messages: enabling this feature lets users send private messages to each other. It can be a helpful way to foster networking.
  • Pre-moderation: using this feature means that your team must approve messages before they approve. While it places more of a burden on your team, pre-moderation is a powerful way to support brand safety.
  • Sign-Up Options: you can choose Not Required (i.e., anybody can join), Sign Up Required (i.e., adds a minor speed bump to participation), or Single Sign On. The sign up option lets users enter an email address or use another credential (i.e. Facebook, Twitter or Google). 
  • Allow Slow Mode. In a live experience, you might have hundreds of participants and it’s easy to become overwhelmed when many people start posting messages. The slow mode lets you impose a delay between how often people can post messages (e.g. 10 seconds between messages). This mode is a helpful way to discourage harmful and distracting chat activity. If you use this mode, take a moment to explain it to your users at the start of the session. 
  • Allow Sharing Links: Choose whether you want to let participants share links. If you take other measures like requiring a sign-up or pre-moderation, allowing links is less risky. 
  • Profanity Filter: we recommend turning this feature on to maximize brand safety and avoid upsetting participants.

Navigating all of these options might take a few minutes the first time you use it. By the second or third time, you’ll a feel for which options are best suited to your audience. 

Once you have completed all of the settings to your liking, click the Create button at the bottom of the screen.

Step 7: Choose your Embed option

The embed option controls how Arena Live Chat appears on your website. There are a few options here: In-Page, Bottom, Side and Overlay. If you’re not sure which option to choose, we recommend overlay. 

When ready, click the “Copy” button at the bottom of this screen. This will generate a short piece of code for your website. To launch the live chat, this code needs to be added to your website. The specific steps vary depending on the type of website you have. For additional support, see our help guide: Adding Arena to your site.  

Step 8: Refresh your website and look for the live chat!

If you selected the live option in step 4, your live chat window will appear right away!

By the way, don’t worry about getting everything perfect the first time – you can go back and make updates whenever you want.

How To Run A Live Experience Like A Pro 

In our three-part story concept, running the live experience is the critical “middle” part of the story. Use the following tips to ensure your live chat experience runs smoothly.

Get Your Two Person Team Ready

It is usually wise to have at least two people involved in your live chat experience: an event host and a support person. The event host will focus on the conversation while the support person can address technical issues.

Have Your Scripts and Notes Available

When you run a live experience, you’re effectively on stage! It’s perfectly normal to have a bit of stage fright at first. One of the best ways to reduce anxiety is to prepare notes in advance and have them ready. Use our X resource to prepare your live experience script.

Join The Live Chat Early

Let’s say that your live event will run from 4 pm to 5 pm. It’s best to let people enter the virtual chat room at least 5 minutes before the event starts. Your staff should join early as well. Joining early means you can address technical questions quickly.

Explain Your Ground Rules

While optional, we recommend taking a minute or two to explain your ground rules for the live experience. This is especially important if you are using features like pre-moderation or profanity filters. Taking a moment to explain that you are offering a safe experience and that you will not tolerate abusive behavior will help to discourage disruptions.

Stick The Landing: Tips To End Your Live Experience Effectively

As your live chat experience comes to a close, schedule some time with your event team to explore the event. This is a critical continuous improvement discipline that ensures your live experiences will keep getting better over time. Use the following tips to run your post-live experience session with your team.

Recognize Successes

Kick off your post-chat review by celebrating what went well. For example, did you achieve a new milestone like 100 or 500 chat participants? Take a moment to praise your team for these developments.

What Worked Well?

Continuing on the positive theme, make a list of the practices that went well. For example, you might add three support people to keep a large event on track. Record these best practices and make sure you keep using them.

Gather “Stop Doing” Suggestions

Now, ask your team what you should stop doing or change for the future. To avoid blame and finger-pointing, emphasize changes that can be made for the future. 

Review The Live Chat Log

Finally, review the live chat log. In particular, look at questions directed to your company. If there are repeated questions like “why aren’t all of my questions appearing?” you may need to better explain your moderation practices.

Start Your Live Chat Experience This Week

Offering a live chat experience takes creativity and a team effort. Fortunately, the Arena Live Chat solution is simple and fast to install. On average, users take less than 15 minutes to install Arena on their website. Learn more about Arena Live Chat!

8 virtual event strategies to inspire university students

Engaging college students in their studies and university life is getting more difficult. There are countless distractions and stresses that make it difficult for students to focus on remote learning. Organizing inspiring, educational digital events for students is one way to inspire your students.

Choosing the right virtual event idea is just the beginning of planning a successful virtual event. There are many other details to think about like managing registration, inviting guest speakers and appealing to student concerns. This guide to virtual event strategies for students will guide you through those concerns.

Use these seven strategies to make your virtual learning experiences memorable and glitch-free. For the best results, sit down with your event team and review each of these strategies before you plan your event. 

In a previous post, we covered 60 Awesome University Virtual Events Ideas. That guide included ideas like virtual language lessons, virtual learning experiences, virtual career fairs, and more.

Now, read on as we share with you the top 8 virtual event strategies for universities that event organizers can use to inform their planning process.

Take inspiration from current affairs 

Organizing a virtual conference (or more demanding multi-day conferences) is one of the best ways to engage students and professors. You can invite college leaders, industry experts, and outside experts to share their insights. To make the event stand out, critical insights from the event should connect to issues that students care about. For example, a university with experts in eastern Europe might organize a marquee event about the war in Ukraine. 

As you plan the event agenda, it’s essential to create space for event participation. For example, include time for networking opportunities. With digital platforms like Arena Live Chat, it’s easier to boost attendee engagement because more people.

Think through the event duration thoughtfully 

In your strategic planning, consider the feedback from attendees you want to see and what you want to avoid. Ideally, you want to see your target audience raving about their favorite speakers on social media platforms! You also want to avoid complaints like virtual attendees getting bored.

A digital or hybrid event is different from an in-person conference. In a traditional event, it is easy to take breaks. Also, speakers can quickly determine if attendees are getting bored. In a virtual setting, measuring event success is more complicated.

Avoid burning out attendees if you want positive comments on feedback surveys. Before the event, email newsletters with all the events listed so that students and other attendees can choose which events interest them. In addition, make sure to deliberately schedule meal breaks when running a more extended event.

In general, virtual events should be at least one hour in duration. If you include interactive content like polls and question and answer time, you can sometimes stretch to 90 minutes or even two hours. Anything more than 60-90 minutes and your attendees are likely to get tired and disengage from the event. 

Connect your virtual event to student goals

As you plan the attendee experience, keep students’ goals in mind. Most students spend years at an educational institution because they are hungry for better career opportunities. Therefore, events like job fairs and the chance to connect with employers will also be attractive. 

Therefore, it is wise to prioritize virtual career events because that is a top goal for almost all students. That said, a blend of traditional educational sessions and career-oriented events can work well. This balanced approach can also work well when designing events with prospective students in mind. After all, prospective students want to know what is like to be a student and what careers they might have after graduation.

By offering digital experiences with career goals, increasing event registrations will get far easier. Fundamentally, event attendees vote with their attention. As an event planner, talking to students about the types of events they value is crucial.

Offer a world-class experience for your speakers

Take inspiration from the events industry – value your event speakers. When speakers are well supported, they can focus on delivering a great event program. Some event presenters and expert panelists may be unfamiliar with how to deliver a great virtual experience. Help them to look good by organizing a pre-event planning session for event speakers. You can also use the pre-event meeting as a critical element of your event marketing strategy. Speakers who feel confident and well supported are more likely to promote your event online using event hashtags and other means.

Helping speakers thrive in a virtual event setting is simple. Guide your speakers through what to expect in terms of potential attendees, how to use your event technology, and the key performance indicators you will track.

Potential Attendee Expectations

Attendee Numbers

Tell your speakers how many event participants to expect in the event as a whole. There’s a big difference between in-person events with thousands of attendees and a minor format event.

Attendee Interests

In your event planning software, you might survey attendees’ interests and top questions. Share these attendee insights with your speakers to determine what to expect.

Attendee Event Goals

To the best of your ability, guide your speakers about attendee goals. For example, prospective students may have questions about the university’s academic offerings (e.g., core courses vs. elective courses). Students nearing graduation may be more interested in meeting prospective employers.

Event Technology

Avoid assuming that your speakers know how to use the specific virtual event platforms you have selected. They may need support on best practices. For instance, you might use Arena Live Chat through your event to gather questions and conduct quick attendee surveys. Tell your speakers that they will have support to sort through this feedback. Keeping an email in the chat window while delivering a speech or comments in a panel is tough! 

Event Management Process

As you conclude your speakers’ briefing, ensure the event details are covered in detail. It’s tough to organize successful events when speakers don’t know where to turn to get support.

Think through technical support needs in detail

Careful planning is critical to crafting a successful event on a virtual platform. Students, alumni, speakers, and university staff may be unfamiliar with a wide range of settings, software, and ways to participate in a digital event.

The type of technical support you need to offer will vary depending on the complexity of your events. The most significant events may need a dedicated team, similar to what you would see in corporate events. In contrast, a more minor event – like a virtual coffee with alumni event – might need just one technical person on call.

The most common technical and logistical problems you’re likely to encounter are the following.

1) Registration problems

This type of technical problem is most likely to occur before the event starts. The best way to prevent registration problems is to pretend to be an attendee: take a few minutes and see if you can successfully register for the event, including making any needed payments.

Testing the event signup process in advance is especially important when you add new technology to the mix.

2) Audio and video problems

Whether mobile technology or laptops, audio, and video glitches are typical in most virtual events. Troubleshooting these problems is often tricky because devices have a variety of settings. For example, some platforms automatically mute people or require people to turn on their cameras. Make sure you have a technical support person available to answer questions during the event.

3) Challenges using the event management platform

This issue mainly applies to more significant events where there are many different sessions. Attendees may have problems registering for their preferred events. Make sure your university website has live chat software installed so that you can provide support before, during, and after the event. For example, some attendees may ask if they can volunteer at the event instead of paying the registration fee. When possible, take a flexible approach to accommodate these requests.

4) Event recording problems

Some universities offer on-demand sessions from their events. Recording an event and letting people view it after it ends is a great way to reach more people.

That said, successfully recording and producing an event takes effort and planning. For example, it is crucial to advise all attendees that the event will be recorded before starting. In addition to requesting permission, look at different ways to use your event recordings. For example, you might decide to offer one recording for free on the web to encourage signups for future events.

Use event reminders strategically to lift virtual events participation

Students may not show up even when you have the most engaging speakers and topics. Virtual events’ flexibility can help lift attendance because there is no travel time involved, unlike in-person events. Use the following techniques to lift your event attendance rates higher. 

1) Send reminder emails

At a minimum, send emails to remind students about the event. Specifically, we suggest sending at least two reminders: one reminder 24 hours in advance and another 60 minutes before the event. In the reminder event, include the login details and exact event time (including time zone). For events with multiple sessions, consider sending reminder events for each event.

2) Don’t stop your digital marketing efforts

When a student or alumni registers for your virtual event, your marketing should change, but it should not stop. For example, send messages emphasizing the value of attending the event live (e.g., the chance to connect with potential employers). Ideally, your digital marketing outreach will vary depending on attendee type (i.e., send different outreach efforts to students vs. alumni)

3) Send reminders by text messages

Check if your mobile event app allows you to send notifications or other messages to attendees. If you are not using a mobile event app, look into sending a regular text message to your students. Most students have mobile phones – over 80% by some estimates. Text messages tend to have a very high open rate, so sending text reminders has a good chance of being read. 

While most students don’t have children or full-time jobs, they are still busy people. Many are worried about completing all their academic work, paying bills, and maintaining relationships with their friends. Sending multiple reminders is crucial – otherwise, students will likely lose track of the event.  

Use post-event surveys to make your next event better

Ever wondered how event planners become so proficient at running smooth events? If you answered “experience,” then you would only be partially correct. Reflecting on your experience of planning and running the event is a good starting point. However, it is just part of the story.

It is also critical to use tools like a post-event survey to understand what your students, alumni, and other participants thought of the event. In the survey, make sure you cover event satisfaction (e.g. “was this a relevant event to your interests and goals?”), technology (e.g. how would you rate the event technology on a scale of 0-10?). Once you receive the survey results, look for patterns and suggestions you can use in the next event you plan.

By the way, you may find it helpful to share data points from the post-event survey in your reports to the university management.

Enhance your university with real-time engagement technologies

Expecting students to sit through a virtual event passively is unlikely to succeed. There are simply too many digital distractions for students – TikTok, Instagram, and email are just one click away. Asking students to close other browser tabs and turn off their phones will only take you so far. 

The better way forward is to offer more opportunities for real-time engagement directly on your university website. With a live blog, you can showcase the expertise of your academic staff and students. Adding Arena Live Chat makes it easy to provide better support to students and engage them more deeply in class discussions. Mirror your digital practices on Pecege Institute, and find out more about Arena’s solutions for education.

Future of Cookies In Marketing: Strategies That Work

Prepare for the cookieless future. User privacy concerns have prompted the advertising industry, Apple, and Google to develop new marketing strategies. New privacy laws make the conventional approach to personalized advertising no longer work. 

To succeed, advertisers need to meet new consumer expectations and regulatory restrictions by creating direct connections with their audiences. Success in a world without third-party cookies starts with understanding how the world has changed.

New Opportunities In The Digital Landscape Changed

The future of cookies will take two primary forms: cohort-based marketing and first-party relationships. These opportunities deserve a prominent place in any effective marketing strategy today.

The Rise of Cohort Based Marketing: Not Ready For Prime Time 

Rather than tracking each user’s online behaviors, the new approach pioneered by Google and adtech companies is cohort-based advertising. This means aiming your advertising at a group of people with similar interests instead of a single user. One example of this trend is the federated learning of cohorts (FLoC) that Google has pioneered. This concept is exciting because it will leverage machine learning to enhance digital advertising.

The FLoC concept was initially developed in 2021 in a privacy sandbox created by Google. This particular technology came to an end in January 2022. There are some ongoing consumer privacy concerns with the approach taken at Google. As a result, the company is moving in a new direction called “Google Topics” (or Topics API). 

It’s not just privacy concerns that cause difficulties for cohort-based marketing. Fundamentally, tracking a large group of people may not be a good match for the customer journey you have developed.   

First-Party Relationship: The New Way To Understand Consumer Behavior

Also known as a first-person cookie, this marketing approach is exciting. A first-party cookie is direct rather than relying on third-party cookie data from others in the marketing industry. For example, a potential customer lands on your website and accepts browser notifications or signs up for your email list. 

Companies can target relevant advertising directly to their potential customers with this direct connection. Using your Customer Data Platform and Google Analytics, you might notice that one user is regularly visiting your “on-sale” pages. Based on that information, you can tailor marketing to that individual user. For example, send them more emails or notifications emphasizing your seasonal sales. In essence, establishing a robust first-party relationship means personalized messaging becomes much more manageable. A deep understanding of what your customers want means you can improve your emails, Google Ads, and other marketing campaigns much faster.

How To Succeed With First Party Cookies

Thriving in a 1st party relationship world requires solving two problems: the need for more website traffic and user consent.

1) Increase Website Traffic

First, this strategy requires potential customers to come to your website. That is getting harder today because many popular websites and tech companies operate as walled gardens. These walled gardens maximize user time on their website rather than sending people elsewhere. 

2) Renewed Focus on Earning Consumer Consent

The second challenge is that privacy standards require you to seek consent to establish a direct relationship with a user. The adtech industry has previously played fast and loose with the privacy rules. Also, privacy regulations like GDPR have pushed companies to change their advertising strategies. It’s not just regulations either – companies like Apple have pushed back hard against invasive tracking methods. As a result, third-party data like traditional cookies are largely becoming obsolete.

Gaining consumer consent in this brave new world requires offering something attractive to users. There are different approaches to gaining consumer consent to individual user tracking. Common solutions include promising users a personalized experience, offering a discount (i.e. a discount code) or a free resource like an exclusive webinar or report.

Audience Engagement: A New Hope For Marketing

The future of cookies is fundamentally focused on creating and deepening direct relationships. Your online presence has to become more exciting and appealing to your potential customers. Your online content, events, and experiences have to be so appealing that your audience happily agrees to receive marketing messages from you.

Three Strategies To Grow And Deepen First Party Relationships

Use the following strategies to keep users returning to your website week after week, even as the digital landscape changes. By the way, offering engaging content and experiences has a secondary marketing benefit. You’re giving your users more chances to share your content with other people. 

1. Boost Investment In Content Marketing and Online Events

To keep people coming back to your website repeatedly, appealing products and services are not enough. Your marketing itself needs to add value like original data, a community of like minded people and exciting content.

So, what exactly does a boosted effort in content marketing look like? According to the Content Marketing Institute, more than half of B2B marketers have increased their spending on video, events (including digital and hybrid), owned media assets (i.e., content you own and control), and paid media.

As third party cookies decline, it’s wise to take inspiration from a variety of brands who are achieving wins in content marketing. 

  • Salesforce offers a wide range of content marketing initiatives like podcasts (e.g. the Marketing Cloudcast and the Marketing Trends podcast), events (i.e. the Dreamforce conference has attracted tens of thousands of attendees) and much more.
  • Dropbox shows that interactive approaches to content marketing can become wildly successful. A few years ago, Dropbox created a “What kind of marketer are you?” quiz to create awareness – a campaign that attracted significant leads.
  • PayPal, the well known financial technology firm, shows a simple way to create content marketing: work with your users. PayPal Stories have recently featured a variety of successful small business owners and entrepreneurs. This PayPal approach to content marketing shows that you can make customers the star of your content marketing. 

Investing more deeply in content marketing matters because it gives your customers a reason to keep coming back to your website.  When customers are motivated to visit your site regularly, you have more opportunities to ask for their consent to market to them through their browser, email, and other means.

2. Grow Your Social Media Audiences

The best way to be ready for the end of cookies is to drive the audience to your own website. This way, you can generate proprietary, first-party data about your audience. Attracting your audience from social media is worthwhile because these audiences have already shown interest in your brand.

Since there are many social media platforms, there are two simple techniques to decide which platform to focus on. Start with your customers – what social media platforms do they like the most? Running a survey of your customers to ask them about their favorite social media sites can help to guide you.

Further, you also want to think about which platforms have sufficient reach and advertising opportunities. For example, Facebook, Instagram, YouTube, and TikTok have a significant market share and interesting significant advertising features. Building a following on those platforms is another way to grow despite the uncertain future of cookies.

3. Build Your Customer Data Platform

Simply increasing the number of website visitors and subscribers is not enough to succeed in a cookie-less future. It’s vital to deepen your understanding of consumer behavior.

Implementing a Customer Data Platform is a significant next step. A CDP connects to your existing apps and platforms like your email marketing software, Google Analytics, and CRM. Drawing together multiple sources, it can help you understand the content and experiences that your customers engage in before buying. 

Once you have a CDP in place, use to understand the customer journey in detail. Look at how many touchpoints a potential customer has with your brand before they buy. For example, you might see that high value buyers attend events like live shopping and download a few specific types of content.

As a result, you can quickly refresh your advertising strategies monthly based on the specific patterns your users are engaged in.

What To Do This Month To Thrive Without Traditional Cookies 

Choosing the right marketing strategy matters, but your team also needs to know what exactly to do this week and this month to succeed. Use these tactics to win in today’s marketing game without focusing on third-party cookies. 

1. Integrated Email Marketing Analytics

The emergence of new marketing opportunities like the metaverse is exciting. Positioning your brand to win in these emerging areas can pay off long-term. However, you also need to keep your eye on this quarter’s results. 

Optimizing your email marketing effectiveness remains one of the best ways to drive higher returns. For example, check if your email marketing software supports A/B testing on subject lines, links and other elements. This approach lets you achieve individual user tracking through email.

Logging into your email platform and reviewing its trends on open rates, clicks and replies only give you part of the picture. It is also vital to know whether a subscriber has attended an online event or engaged with your sales team. Arena’s CDP platform makes it easy to connect the dots between email marketing data and other customer interactions.

2. Boost Push Notification Marketing

While email marketing has exceptional ROI, it is not the only opt-in digital marketing option. With push notifications, you ask the customer for permission to send messages to them directly through the browser or mobile apps.

According to Airship research, opt-in rates for mobile app push notifications range from 29% to more than 70%! To earn high opt-in rates from your prospects, keep investing in engaging content and virtual events. When prospects enjoy your content and experiences, they will happily opt in to receive more information from you.

3. Review Your Privacy Policy

Customer expectations for privacy and data protection are increasing every year. As marketers pivot away from cookies, your privacy policy needs to keep up. There are several layers to updating your privacy policy for the post cookie era.

Start by reviewing your privacy policy to see if it reflects the customer data you are currently collecting. If your privacy policy was last updated over a year ago, it might be out of date. For example, adopting a customer data platform to build a comprehensive customer profile may require an update to your privacy policy because you are changing how you use data.

Next, take a hard look at your security safeguards. You probably have robust systems to protect highly sensitive data like payment data. However, your marketing databases also contain personal information, ensuring that data is protected.

The New Way To Achieve Personalized Marketing 

Cookies were powerful because they unlocked personalization for digital marketers. As we say goodbye to cookies as a central strategy, how can you keep data-driven personalization?

The answer lies in setting up a customer data platform for your brand. It’s more than data dashboards and exciting reports. A customer data platform is one of the best ways to identify advocates and passionate fans in your audience. With a CDP, your marketing team can also learn which marketing assets are driving your results.

Discover how a customer data platform can solve today’s most pressing problems in marketing. Download Arena’s CDP Ebook: The Future of Marketing and Sales. Your marketing personas will be grounded in factual data with a CDP in place.

Understanding the Difference Between Customer Data Platform (CDP) and Customer Relationship Management

Customer Data Platforms are still new in the market and they can be mistaken by other solutions that came before them. Here’s the difference between CDP and CRM.

The difference between CDP and CRM needs to be explained. Even though they both gather customer data, they work in distinct ways. While the CDP is a much more complete software, the CRM can still perform very well in many strategies.

Customer Relationship Management (CRM) and the Customer Data Platform (CDP) are both customer data-collection-related software. However, there are many differences between these two systems — from the type of data gathered to why they are used. For example, CRM was developed to assist sales representatives while CDP is much more focused on marketing teams.

Because CRM can be integrated into the CDP, that’s even one more reason they can be mistaken for one another. Nonetheless, the difference between CDP and CRM is there and it needs to be understood. Mainly for the reason of knowing what is the best solution for your company.

So, if you already know what your pain points are, you only need to understand what is a CDP, what is a CRM, and the difference between CDP and CRM — which is everything we’ll explain ahead.

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What is a Customer Data Platform (CDP)?

A Customer Data Platform, commonly known as CDP, it’s a software that gathers, processes, and stores data. It’s a system that was created with the goal of helping marketing teams to be more successful in their strategies. Through a database created by the CDP, marketing professionals can have access to all information about a company’s clients and prospects.

These data can include characteristics such as:

  • name and age;
  • contact;
  • demographic;
  • time online;
  • pages visited;
  • products of interest;
  • which social media they use;
  • how many interactions they made with the company;
  • purchase history.

This is just a general overview of what a CDP can do since there is still a lot more information it can collect. Even more, it’s a thorough platform as it unifies data from several sources, both online and offline. This way, if someone follows the company’s Instagram and then buys a product in a physical store, the software has the ability to recognize it’s the same person, organizing all data about him or her and avoiding data duplication.

Basically, the CDP consumes data from any available source to create its database. Some examples we can name consist of the company’s website, online store, social media, payment systems, and app.

Moreover, a CDP system will always be up-to-date since it works with real-time data collection. This means information begins to be processed and stored from the first contact with the brand. Even if the person doesn’t share personal information on the first visit, their online behavior is being analyzed.

That way, when they do decide to share personal and/or contact data, the system will be updated and unify all that information into a singular customer profile.

Something that’s worth mentioning too is that the data available on a CDP software has no lifetime limit like cookies do. A system like DMP, for instance, has up to 90 days of data storage because it only works with purchased cookies — you’ll understand more about this later on.

Also, a CDP will create unified customer profiles for clients with similar preferences and habits. These can be analyzed and used to create segmentation groups for highly personalized customer journeys. Of course, individual profiles can be used for the same reason.

Working with real and reliable data makes a huge difference in marketing strategy success. Still, other teams inside the company can also benefit from using a Customer Data Platform. For example, sales and product teams can have access to all the data without the need to have reunions and updates from the marketing sector.

Just like that, the whole company is able to work with efficiency to give the customer the best UX possible.

Customer Relationship Management (CRM): Definition and Advantages

Customer Relationship Management is a system developed to assist mainly sales teams. Yet, nowadays, it’s used by other sectors in a firm, like Human Resources and the supply chain.

Overall, what CRM does is gather customer data through online transactions. So, what makes it different from the CDP? Well, that is the fact it only analyzes personal data from known customers. That means it’s possible to check information like name, age, and contact, but not the number of visits made to the website or which pages were visited by each client.

The main role of Customer Relationship Management software includes:

Even more, it’s a platform that’s used in the B2B (business to business) field, where data allows us to analyze the sales pipeline and see where there are more chances to close a deal.

It’s a guaranteed way to understand more about the consumer and the context where they are before contacting them — which will help increase conversion rates. After all, when you know who you are talking to, customer service is more accurate and the client will have a more pleasant experience.

In spite of the difference between CDP and CRM, both systems perform their job in a way that is noticeable. Customer Relationship Management helps increase profitability and simplify sales processes. Likewise, since CRM is a source to feed the CDP as well, it makes marketing processes easier — this technology allows to make accurate decisions based on real data.

What is a Data Management Platform (DMP)?

It’s important to mention the Data Management Platform (DMP) because it is also a system commonly mistaken for CDP and CRM. In fact, there are similarities, but they are all different software and perform different functions.

In this case, DMP is a program that works with data collection and organization, but there is a big difference from the others: its database is formed by anonymous cookies.

These cookies are purchased data from external providers. That’s why they are anonymous — brands can’t collect and sell personal data. Because the customer decided to share their personal information with a brand, that doesn’t mean the brand can share it with any other company.

Even if they’re anonymous, these data are still a valuable resource to create target audiences and make promotions at large scale. Therefore, marketing teams are the ones who mainly use this platform. Besides, it provides professionals of the area enough support so they can create new segmentation groups to use in ads and overall campaigns. This way, boosts brand awareness and grows the company’s audience.

Also, one last detail to keep in mind about a DMP system: all data gathered can be processed and added to the Customer Data Platform.

What’s the Difference Between a Database and a CRM?

Based on everything that’s been said so far, it’s noticeable some differences between CDP and CRM. Then again, it’s important to show clearly what they are and clarify them a little better.

Application

First of all, Customer Relationship Management seeks to personalize and improve customer relationships. While CDP also has that at its core, it also focuses on how to ameliorate products and services. Thus, bringing a better overall customer experience.

Another factor to take into account is that CRM mainly analyzes sales pipelines looking to transform leads into customers. Though a Customer Data Platform does that as well, its priority is more about getting to know the consumer. Only then, the system do a public segmentation and help in creating personalized campaigns and publicity.

How Data is Collected

While CRM only gathers data of active consumers, CDP includes unknown prospect data too — so that when they decide to share their personal information with the company, the system will recognize who they are and put together all the information. Even more, a difference between CDP and CRM is the amount and type of data that can be collected by each platform.

At the rate Customer Relationship Management stores personal data, such as names, age, address, etc., the CDP knows a lot more — like the time each consumer spent on each page they accessed. Additionally, everything that is related to the brand is a source to increase the CDP’s database, from the company’s website to the payment systems used by the firm.

Customer Journey Tracking

If a client clicks an ad but decides to purchase in another moment, through another source, CRM doesn’t have the capability to connect that it was the same person who took those actions. However, that tracking becomes possible with the CDP.

As previously mentioned, Customer Relationship Management doesn’t gather offline data. So, if a customer interacts with the brand online, but buys on-site, the system can’t connect the dots. CDP, however, has the knowledge to understand and put together that information, following the entire journey someone makes to conclude a purchase.

Data Duplication

For the same reason CRM doesn’t track customer journeys, it ends up with data duplication. Since the system doesn’t have the intelligence to understand the person who clicked an ad and bought on-site as the same one, data ends up being repeated as if it were two separate persons. The same way, this happens if the customer interacts with an email and then on the website, among other cases.

Nonetheless, the CDP configuration enables data processing to avoid duplication. So, even if a customer identifies as Mary Jane Brown in one source and MJ Brown in another, that data will go into a singular customer profile.

IT Support

Even though CDP is a much more complex system than the CRM, it’s this second software that needs more IT support. From configuration to management, the Customer Relationship Management system needs the tech team through the entire process. Meanwhile, the CDP will probably need some support at the first configuration, but, after that, anyone with authorization can easily access the database.

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CDP Benefits for Marketing Professionals

Many benefits can be implied along with the explanation about what is CDP. For instance, how easy it becomes to know your consumer and create the finest content possible. As a matter of fact, that is the main goal of acquiring a CDP solution.

As a part of the advantages, we can name:

  • understanding who is the customer;
  • knowing the pain points of the consumer;
  • getting a complete database;
  • increasing conversion rates;
  • improving ROI;
  • automation of data analysis;
  • lower operational costs.

Currently, the purpose of a company lies much more in understanding who is their consumer than on working on products. Getting the ideal customer is even more important since that will reduce the need to constantly work on the product. Still, developing and perfecting a product or service occupies a high position on the priority list.

When we talk about pains and gains in marketing, the idea is that all clients have different pains that the company will have a solution for. This way, a CDP gives all the necessary data for marketing professionals to find out what is impacting the audience and in what way their product can be used to put an end to the problem.

From the information about the consumer, the team will be able to create exclusive content and advertising that are extremely directed to increase the chances of landing a conversion. To clarify, data about what a person likes and dislikes, where he or she lives, who they live with, where they seek information, what kind of content they pay attention to, amongst many other possibilities. The more you are able to discover, the better the result will be.

Overall, marketing by itself is already a way to increase conversion rates and return on investment. Still, a Customer Data Platform will intensify that factor by giving the most accurate and real data as you can get.

In addition, it won’t be necessary to have a specific professional or group to analyze data into what’s useful or not. By using a CDP solution, that will already be covered — therefore, reducing operational costs and making the process automatized and faster.

How to Strategically Use CDP and CRM

Even when we consider the difference between CDP and CRM, a company can still take advantage of the benefits of both software. Everything that’s processed and stored in the CRM and in the CDP has an important role in two moments.

First, to help small businesses grow. Then, to help companies that already have an established audience and are looking for a large-scale solution to work on digital marketing strategies.

Through marketing strategies, it becomes possible to recognize an issue and present a solution. And with a CRM and CDP database, marketing professionals can identify exactly who the target audience is.

With all the data available, from purchase history to offline habits, the company controls target audience segmentation, creates an automation flow for emails and ads, and analyzes performance metrics. Thus, directing content with precision.

After analyzing the difference between CDP and CRM, have you decided on acquiring a solution like this to your company? Arena will give you the best product to work with data collection, customer experience, and audience engagement.

Plus, our team is always available to answer all of your questions. So, stop delaying the success of your business and talk to one of our consultants right away!

Real-time audience: everything you need to know for your business

What do you know about real-time audiences? Here’s all about it and how to use this strategy to make your brand a reference online.

Did you know real-time audience monitoring is a must on marketing strategies? It’s basically a way to see what your public is doing and talking about your brand at the right moment the discussion is happening.

Certainly, everyone working in a marketing team knows the importance of controlling audience engagement. However, given the newness of this innovation, some professionals might not quite understand the significance of real-time audience tracking yet. Just a few years ago, marketing tools gave complete reports on a daily, weekly, or monthly basis about the brand’s audience.

Nowadays, some tools like the Customer Data Platform enable us to observe in actual time what are the company’s mentions throughout the internet. Because of this, a few things become viable, like improving customer segmentation, finding ways to have more engagement, and gathering more data on customer online behavior.

Since more data is available, that means better content and offers can be created for each consumer and segmentation group. Moreover, live content is also a new thing in the market. Although you might think of videos when you hear this term, blog posts, chats, and even more are a part of it too.

Experience dictates that consistency, frequency, and quality are what it takes to be successful in a digital marketing strategy. But now, that should be completed with real-time conversations that attract people’s attention and make them eager to have a conversation with the brand. 

In order for that to happen, the first thing you need is to understand the concept of real-time marketing and its benefits. Keep reading to see what we’re talking about.

Importance of knowing your audience

Communication is not easy work. Even when it comes to our families and close friends it’s common to get things wrong. And these are people who we spent most of our lives talking and getting to know each detail or their personalities. So, as a company trying to reach out to a customer, you can see how the conversation could be inaccurate if not done the right way.

That’s why it’s extremely important to work around the customer. Knowing who is your audience will help understand what they like and want out of your business. In order for that to happen, you need more than a name. That is, to gather information such as demographic and online behavior. From this type of data, it’s possible to be aware of how to deal with the brand’s public.

As a result, this is a crucial factor to provide better results. Some platforms even allow real-time data collection, which means the information will be stored from the first visit a person makes to your online page.

From this, new strategies based on real and accurate data can be planned, giving the customers what they want and the company better outcomes. Ultimately, there’s no point in having the best solution ever and the most perfectly designed products if you’re not getting the right people to see and try it out.

Real-time marketing benefits

Real-time audiences is not the only real-time strategy to work with. In fact, these days it’s possible to keep track of everything at the moment it is happening. Naturally, you need technology assistance for this purpose. It’s inconceivable to have a group of workers trying to handle all of the real-time data and its analysis hand-operated.

Still, with a CDP solution (for example), the company gets everything under control. The benefits of obtaining a real-time strategy include:

  • data collection from the first visit;
  • data analysis and storage;
  • real-time action and content;
  • customer segmentation;
  • personalized content;
  • increase in audience engagement.

First and foremost, real-time data collecting happens when a software,  like the CDP, starts gathering information about a visitor from the first moment they enter the company’s page. Even if they don’t interact or buy anything, their behavior is already being observed and stored in a database. 

Better yet, real-time action can be taken too. If you notice a visitor is acting in a way you can intervene and have them closer to taking action, that’s possible.

For example, someone clicked a product and added it to their cart, but gave up when they saw shipping costs were high. If the marketing team notices at the right time (a.k.a., real-time), they can work to create and send a real-time offer to that customer saying something like “hey, did you know you can get free shipping on purchases over $20?”.

Solutions like live blogging and Live Chats are also included under real-time marketing strategies. These attributes give your brand better outcomes by adding value to your product and content; increasing team productivity; improving customer experience, and building a follower base that’s more loyal to the brand.

More than that, all of the customer behavior will be kept in a database for future plans, such as knowing and finding new segmentation groups. Working with a system like a Customer Data Platform, the process, and the separation of single customer profiles into larger groups with similar interests will be automatized. So, not only you can work with a group segmentation, but also with personalized exclusive content and offers for each individual consumer.

Hence, this will assist in defining the target audience for each ad campaign the marketing crew has in mind. Real-time data collecting will also lead to an audience size increase while allowing the company to identify who are customers and who will be classified as leads — certainly, this will broaden the understanding of your audience.

Have you heard about liveblogging? Because real-time content should also be considered an advantage for a marketing group. It is the perfect way to share breaking news, talk about events that are currently happening, and even behind-the-scenes content. It doesn’t necessarily need to be planned ahead, it’s a kind of content that should be simple, spontaneous, and time-saving.

That’s exactly why it will catch people’s attention, it’ll make your brand more humanized with a language that’s closer to the audience’s day-to-day life. It’ll make them relate better and feel a part of your business — thus, increasing audience engagement. Besides, real-time content yields more audience insight, which will lead to learning what are the audience’s favorites, analyzing new data, and creating new compatible segmentations.

Of course, a balance between planned and previously written posts plus real-time content needs to exist. At the same time, you need to create a brand that’s first-hand connected with the audience, you should keep providing personalized and SEO optimized content. The combination of real-time data collection and real-time content will definitely improve your overall strategy.

How a CDP will support communication

To understand better how a Customer Data Platform will help in this case scenario we’re talking about, here is some important information about it.

By using a CDP solution, a company will have lots of valuable data. Yet, there’s even more to that: this software already processes data to analyze what is relevant and useful information and what is not. The type of data a CPD collects can include:

  • customer identity (name, age, demographic);
  • hobbies and interests;
  • online behavior;
  • how much time was spent on a page;
  • what products were bought;
  • what products were returned;
  • number of abandoned carts;
  • etc.

Much more information can be absorbed, but the important thing to keep in mind here is what you can do with all of that data. As a head of marketing, having the perfect image of a consumer makes a total difference in conversion rates. Of course, because that knowledge makes it possible to create the most accurate content for the brand’s audience.

Instead of waiting weeks to see monthly results and create new plans to improve a marketing strategy, real-time audiences and segmentation allow to act upon immediate results.

This not only gives the company equipment to work with but causes an impact on the audience with that real-time action speed. Live-blogging and live-chats features are also a part of what a CDP solution can offer your company.

Surely, there’s the need to see how your company can manage real-time marketing. Will the team be able to keep track of the information? Will they be able to act on immediate results? Will real-time audiences and segmentation bring better results? Once there are positive answers regarding these questions, you’ll know the Customer Data Platform is what your brand needs to reach new levels of audience engagement. 

How data can help create new approaches

Real-time data is a valuable resource for your brand’s marketing strategy. People notice it when a mark does their best to communicate efficiently with their customers. Using real-time information makes the company look active and on the spot, so people will pay attention to that.

When thinking about a solution to collect real-time data, it’s necessary to remember other details. For instance, is it important to work with real-time audiences? What about a Live Blog? What features does the software need to make a difference in your company? It’s important to recognize these factors since they’ll be decisive. 

A Customer Data Platform solution has all of that and more. From this type of system, you get a deeper understanding of the customers and are able to grow your follower base.

Optimize campaigns

The thing is, and I’m sure you’ve heard this before: by delivering the right content, to the right person, at the right time, and through the right channel, your conversion will most likely be a successful one. And how is that mission possible? With data usage.

When you have complete information about the people who are interacting with your brand, you not only get to know them better. You understand them so well that you can actually anticipate customer behavior and actions, something that is essential to optimize ad campaigns.

Promote better content sharing

Having enough data about your audience, it’s possible to show people that you care about them and you want them to have the best experience ever. You want to show them you’re not just another company trying to sell at any cost.

This is why it’s important to plan your content in a way to have more engaging materials than selling ones. However, this doesn’t mean real-time content should be left aside. Both varieties of content need to be a part of the brand’s approach.

Work with stages of awareness

Creating methods to be closer to the client and more assertive with content creation should be part of the main marketing strategy. As marketing professionals, some other things we worry about include increasing social media engagement, promoting events, and, more importantly, identifying who are the visitors prone to becoming new customers and which of those can become brand promoters.

That means analyzing real-time audiences to discern who is ready to make a purchase and who is just looking to learn more about your solutions — understanding the customers’ stages of awareness.

In addition, checking and connecting with who has already bought, approved your product, and is interacting with your brand online by giving good references, especially if those people are social media influencers.

These are just some ways a group can work with data collection. Realizing what is the best trajectory for the company will be the responsibility of the marketing manager. Whether it’s getting new followers, making people share more content, or simply optimizing ad campaigns.

Technology is essential to get the job done

Everything that has been said so far can be summed up in a few words: communication is more effective when you know your audience. Plus, technology is a must-have.

There’s no way you can get to know your public if all employees need to be constantly collecting and analyzing data by hand. Acquiring an automation tool is by far the best decision to enhance your whole marketing processes.

To clarify that fact, these are some of the things a marketing team will be able to achieve with software that gathers, analyzes, and stores data:

  • find the best approach for each customer or segmentation group;
  • know what type of content to create;
  • understand what kind of visual elements will work better;
  • learn the best language to use (slangs, formal, etc.);

As it was mentioned earlier, data collection implies knowing the audience. Because of that, a platform with this purpose will help recognize the best communication path to follow. Including every little detail from the tone of the company to the type of visual elements used. Creating a persona out of this material is ideal.

More than that, technology is necessary to get more tasks completed, such as monitoring social media posts. After all, that’s the communication channel where most of the engagement happens.

Having blog comments and forums supervised as well will permit you to see what the audience wants to know, what their questions are, and what are the gaps you can cover. It’s one of the best sources for inspiration content.

That means there should be constant monitoring of real-time audiences. This way the marketing team will always be precise and straight to the point with the public’s interests. They’ll be able to create content answering exactly what the audience wants to know. Even more, a real-time strategy will boost engagement with the brand.

Despite that, quality content doesn’t do the job by itself. It’s required to know SEO tactics that will improve reach — therefore, increasing shares as well.

Social media is the main channel to have real-time audiences interacting with your brand while making it more humanized. That’s something acknowledged brands are doing in the market, such as Coca-Cola and Airbnb. It’s a way to connect on a personal level with customers and prospects.

The streaming platform Netflix is a great example we can think of because of how they act online. Even though there are many people behind their strategy and social media control, their communication is flawless. 

Every post and every response they write to their fans, whether on Instagram or Twitter, has the same tone and exposes a strong personality — in spite of the company not having a face and body to show “behind the cameras”, you can practically see who Netflix is through their social media work.

Of course, the personality of your brand will depend on the type of service, and the target audience the company works with. For Netflix, that witty and fun characteristic works because it’s an entertainment business focusing on interacting with their young adult fan base.

Then again, this is the reason knowing your customers matters so much. The moment you get to know them, how they act, and how they talk, you have what it takes to transform them into brand advocates.

Are you ready to reinvigorate your marketing strategy? Arena has all we’ve talked about, from real-time audiences and segmentation to live-blogging solutions and more.