White Paper Data Governance - Why is Data Governance so strategic in 2023 and how can a CDP support your program?
Retailers no longer see digital technologies as a crazy young dog sprinting far ahead of its owner, who is amazed to see their dog display such independence. It is now obvious that stores and digital technologies need to work together in perfect harmony. It is in a store’s best interests to feed on the data from digital systems to gain a clearer insight into its customers and drive up footfall. As for digital technologies, they can only truly deliver relevant results when they take account of customers’ offline (purchasing) actions.
The whole challenge with stores and digital technologies is creating a virtuous circle. But customers still need to be identified from end to end. Brands have clearly understood the issue and are already looking to maximise the data collection rate at the checkout using loyalty cards.
From clicks to bricks, all customer interactions matter when it comes to talking to them with the right context, which implies reconciling offline and online information.
Which activations (display campaigns, automated email sequences, etc.) deliver the best results according to the identified events (in-store purchases, opened emails, etc.)? The answer is no secret: segment, test and adjust.
Omnichannel marketing does not involve reaching out to everyone indiscriminately over every channel. All customers have their own favourite channels, so brands need to respect their preferences.
The Commanders Act approach has already been tried-and-tested by such fashion brands as Promod and Celio, and is based on identifying user scenarios and the associated quick wins. This is a way of gradually putting the data to the test and then updating the martech stack accordingly while leading change. Taking full advantage of the omnichannel approach involves building bridges between teams that are often not used to working together.