Thursday, June 19, 2014

A Better View of Customers through Analytics in Marketing



IBM recently announced that Matrimony.com, one of India’s leading matrimony portals is using IBM Big Data and Analytics technology to drive personalized marketing campaigns to match potential partners faster and attract more subscribers. Marketing, hitherto untouched by the complexities of technology is increasingly seen adopting new age techniques to keep pace with the growing technology-savvy customers. Technology, in fact, is one of the most powerful external forces affecting the role of the chief marketing officer (CMO) today, says an IBM study. And, big data will be an especially significant challenge to marketing organizations over the next few years, further states the report by IBM.

Why did Matrimony.com adopt analytics? 

A recent press release issued by the company says that IBM's Big Data and Analytics technology is helping Matrimony.com address its global and diverse customer base with effective and relevant messaging based on member-interaction history. By capturing customer data from multiple channels including email, SMS, banner ads (across the website), telesales and from their retail center, the data is being used by the company's management, sales and marketing teams to assist decision making. In essence, IBM's technology is supporting Matrimony.com to drive targeted marketing campaigns to the right subscriber, at the right time and improve personalization for greater customer satisfaction.

A recently published book by IBM, Analytics across the enterprise,’ on analytics perfectly sums up the benefits of analytics for businesses. According to the authors, progressive leaders are putting big data to work in fields ranging from finance to farming, from presidential politics to professional sports. It’s not just the data; it’s the insights gained from analyzing data that give organizations an edge over the competition.