Marketing is all about reaching people and all marketers
want to find out how to reach the greatest amount of people with the smallest
amount of effort. This often means sending the same generic message to
hundreds, if not thousands, or people. However, everyone is unique and
therefore has unique needs. What is relevant to one person might not be
relevant to the next. It’s hard to be that brand that appeals to everyone since
each person is so different. This is where people-based marketing comes in.
If you’d like more access to invaluable marketing strategies, check out this done-for-you-system.
What It Is
People-based marketing represents the original
promise of digital and internet marketing; it allows you to replace your
broadcast with personalized messages and experiences that the consumer wants to
see.
It allows brands to establish a marketing system centred around the
individual consumer and utilize plenty of data to track that person’s behaviour
and spending habits. People-based marketing strategies revolve around the
consumer and all marketing efforts are aligned to fit their needs.
One company that utilizes people-based marketing very well
is Spotify.
Users stream music for several hours a day, often depending on their mood.
Listening habits change when the user is relaxing, driving, or exercising and
Spotify tracks all this data.
Spotify’s algorithms help create customized and personalized
experiences for its users. It will recommend new releases that the listener
might enjoy, create personalized playlists based on listening habits, and even
remind users of music that they haven’t listened to in a while. These features
make users feel like Spotify is tuned into their specific wants and needs.
The best way to utilize a people-based marketing strategy is
by paying attention to the three main elements:
Identification
This is the first and most important part of
people-based marketing. Without any identification, everyone you’re trying to
target might as well be a nameless and faceless person.
Cookies used to be the main method of tracking internet
users, but this method is slowly becoming outdated. More people are using
multiple devices, especially smartphones, to connect to the internet and much
of this information cannot be tracked using cookies.
One of the main ways to identify people is with
deterministic targeting which targets users based on accounts and email
addresses. For example, Amazon can track what someone doing whether they’re using
a desktop browser, mobile app, Kindle, or Alexa since it requires them to use
the same account for all platforms.
Another strategy is called probabilistic targeting which
uses data analysis to link devices based on things like location and IP
addresses. For example, if a computer and a smartphone are both connected to
the same home Wi-Fi address, it’s a possibility that both devices are owned by
the same person.
Data
You want to find out the most you can about your consumer by
collecting data. You can use identifiers such as email addresses to dig up all
sorts of information about their habits. This includes, but isn’t limited to,
what devices they use, what they like and share on social media, who they
follow on social media, what they’ve purchased, what product reviews they’re
read or written, which products they’ve looked at, and how often they spend.
Automation
Lastly, automation is what will make your life
easier. You probably have received several automated marketing emails in your
life, many of which were tailored to your personal needs. Common automated
emails you might’ve received are:
- Telling
you events or products you might be interested in based on your history
- Telling
you that your shopping cart isn’t empty
- Telling
you when an item is restocked
- Asking
you if the product arrived on time
- Asking
you if the product was in satisfactory condition
- Asking
you how much you liked the product
- Asking
you to leave a review
Conclusion
People-based marketing is the future of
marketing. You should strive to aim for individuals rather than masses for a
more effective marketing strategy.
One easy way to do this is to use an identity resolution
service like LiveRamp
IdentityLink which helps identify consumers and track their habits.
You should also utilize digital marketing platforms to keep a database of
consumers and track their unique habits.
It’s not a stretch to say that people-based marketing can
completely transform how your company reaches out to consumers and makes sales.
If you’d like more access to invaluable marketing strategies, check out
this done-for-you-system.
By Martin Goldthorpe 2018
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