Showing posts with label Right Channel. Show all posts
Showing posts with label Right Channel. Show all posts

Thursday, 28 March 2013

How to Deliver Next Best Action (NBAs) in Real-Time

How to create Location-based Real-Time Next Best Offers (NBOs)


NBAs are supposed to understand the customer's need and fulfil them even before he/she wants to act on it.

The main purpose of the NBA/NBO is to happen real-time. With the advent of smartphones delivering the Action in appropriate location and time is now easy.

Any Long distance passenger have to wait for few hours for the connecting flight; The Airline knows the customer’s demographic info, location, time (both are very much accurate) - a good amount of info for Analytics

The data of all passengers are fed to Analytical system and their past travel history, lounge purchases, social habits and syndicate data is crunched to figure out the need for each passenger. The needs are then matched with the Offerings of the Airline's partners (Hotels, Boutiques, Spas) in that particular airport and appropriate recommendations are created

Real-Time Next Best Offer (NBO) Flow



Timely message / offer is sent to passenger’s mobile phone (e.g., offer on antique jewelry in Airport boutique ) based on the time/location and her Inflight purchase/interaction behaviour. The last part - knowing his/her immediate purchase/interaction is more important. This is fed into the Analytical system to validate against the recommendaion that are waiting to be delivered - the recommendations are refreshed and delivered. This is what makes the 'Offer' - Real-time (Right Product/Service)

The above example uses Mobile Phone as the Delivery Channel. Please refer What are the key channels to be considered for Promotions for other Channels.


The omni-channel world requires product information to be managed consistently. The main focus areas are
• Provide consistent data across all channels and update the information real-time
• Offer product information at the right time and place;
• Compile a complete data set and deliver rich, unique data;
• Optimum utilization of social media information

What are the key channels to be considered for Promotions

How to Find Right Channel for NBO

One of the key feature of Next Best Offer is to provide the right promotion through Right Channel. It is worth to listdown the channels that should be considered normally.


  • call centers
  • direct mail
  • email
  • in-store display
  • in-store staff
  • kiosks
  • mobile devices
  • POS receipts
  • web recommendations
The Channels are not limited to the above.

Tools and Metrics to Understand Mobile Data
Courtesy: www.telegraph.co.uk 

Mobile users contribute to more than half the percentage of traffic for many Retailers. The Mobile shopping, however hasn't grown with equal pace

Mobile Data Analytics involves collecting, understanding and reporting the insights based on Mobile data

Mobile Data Collection: 

Collecting mobile data has its own challenges. The variety of devices and the Applications prevent a standards for mobile data collection technique

Tags are key for Mobile Data Mining. Tags are small piece of code embedded inside the apps which relay information back to the provider

Mobile Websites (mobile version of websites) are similar to the normal Website but light weight and simple design for mobile.

Real-Time Next Best Action Based on Mood - Voice Analytics

Real Time Delivery of Offer is always a challenge, whatever the Channel might be. It's even challenging in Call Centrer where the CCE (Call Center Executive) is talking to the customer over phone. Now, Computational Voice analysis is helping the executives identify the mood of the customer on the other end. This is also called as emotion detection / mood detection

Identifying the mood of the customer can help drive more insights into the customer herself. Yuval Mor, the CEO of Beyond Verbal the company which has created mood detection algorithms for call centers says the program can also pinpoint and influence how consumers make decisions. “If this person is an innovator, you want to offer the latest and greatest product,” Mr. Mor says. “If this person is a more conservative person, you don’t want to offer the latest and greatest, but something tried and true.”

The company is also providing APIs for developers to develop Emotional rich apps

+Flurry, Inc., which had been an App analytics platform developer has extended it to Mobile Web as well

Email Marketing - An effective tool till date


Email marketing has been and remains a primary marketing lever for businesses," said Geoff Alexander, +iContact . It's always been a tool and with Dynamic Messaging (Hope your remember Microsoft's Bing campaign)



Related Posts Plugin for WordPress, Blogger...