The promise of personalization is enticing: a complete 1-to-1 experience for every customer, driven by every detail and data point about that person: who they are, their interests, needs and history. Their customer experience is completely optimized to deliver the right content at the right time, influencing brand engagement, purchase activity and “wow”-worthy customer experiences.
For years, this vision has been a pipedream among marketers, product managers and customer experience professionals. Many clients come to us wanting to “do personalization” but face significant challenges in doing so.
Part of this is due to the fact that “personalization” is so ill-defined.
At Brooks Bell, we define personalization as any experience that is delivered to a user based on known data about that person. By that definition, personalization exists on a spectrum: it can be one-to-few, one-to-many, or one-to-one. In the digital environment, product recommendations, customized search results and even segmented experiences are all considered examples of personalization.
But while many companies are already implementing these experiences, there’s still an overwhelming sense that many brands have yet to arrive in terms of personalization.
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A 2018 study of 300 marketers by Evergage and Researchscape International found that 98% of respondents believe personalization helps advance customer relationships, but only 12% were “very” or “extremely” satisfied with the level of personalization in their marketing efforts.
This is because (not unlike experimentation) personalization is a business strategy that should evolve in order to deliver long-term value. And while it’s true that many brands already have the ability to do personalization, they’ve also found that elevating and scaling a personalization program is difficult, costly and, frankly, can feel pretty darn impossible.
So, how to do this? In addition to the fundamentals for a standard optimization program, there are three critical working components that need to be established for personalization:
- Technology: you need top-notch tools to centralize user profiles and deliver personalized experiences;
- Data: personalization requires a clean, unified view of relevant customer attributes, and
- Strategy: you need research and planning to purposefully and effectively launch, scale and benefit from personalization.
In the coming weeks, we’re going to break down personalization further by each of these components. We’ll outline the best practices, advice, strategies and tips to go from scrappy to smart when it comes to introducing and scaling personalization at your organization.
Struggling to execute a scalable personalization strategy? We can help. Contact us to schedule a free 30-minute consultation.
The post Built to Wow: An Introduction to Launching Personalization At Your Company appeared first on Brooks Bell.