3消费者数据创造使用技巧e More Personalized ExperiencesToday's consumers expect personalized experiences from brands, and data is the key to delivering on that promise and improving the overall consumer experience.

ByDiane Keng

Opinions expressed by Entrepreneur contributors are their own.

The world looked a lot different 50 years ago. The first cable network had just debuted, the compact disk was still cutting-edge technology, and the officialbirthday of the internetwas more than a decade away. Consumer expectations also looked quite different in 1972. For the most part, consumers expected the basics from brands: good service, quality products and reasonable pricing. As long as you could deliver on those three points, you were likely to win the hearts (and wallets) of yourtarget audiencemembers.

Today's entrepreneurs, however, are playing a whole other ballgame, and consumers have learned a new pitch or two. Not only do modern buyers want a consumer journey that connects seamlessly across digital channels and touchpoints, but they also demand precisely tailored interactions, offers and experiences.

Related:Why a 'Personal' Customer Experience Is Critical to Your Business Success

Per Salesforce's"State of the Connected Customer"report, about 80% of people now consider the overall consumer experience equally as crucial as a business's products or services. Another 66% expect companies to understand and meet their needs, and more than half expectpredictive personalizationwhen it comes to offers.

In many ways, this isn'tnews. Salesforce's research proves something that many entrepreneurs already know: Creating one-to-one consumer connections through predictive personalization has become table stakes. Yet, companies continue to strike out. The same Salesforce report found that two-thirds of consumers believe companies still treat them just like cogs in the wheel. The question entrepreneurs must answer in this modern competitive landscape, then, is how they can evolve to improve the overallconsumer experience.

How to leverage data to achieve predictive personalization

Any business worth its salt strives to understand its target audience and create scalable personalized messaging — and for good reason. The benefits of improving the consumer experience are well-documented. According toa surveyby KIBO Commerce, Monetate and Certona, 70% of organizations that employed advanced, AI-driven personalization enjoyed an ROI of at least 200%.

In practice, however, achieving this level ofpersonalization in digital marketingisn't so easy. That's because crafting truly customized experiences at scale requires going beyond rudimentary audience segmentation and simple data collection. With that in mind, here's how to leverage data to achieve predictive personalization:

Related:Personalization: A Perspective On The Future Of Targeting

1.提出正确的问题

Businesses often fail in their predictive personalization efforts because they don't ask the right questions. So first, ask yourself whatbusiness objectivespredictive personalization could help you achieve. Your goals should be both specific and measurable.

Additionally, consider what kind of questions you have about your target consumers. Addressing these queries will help your marketing team identify actionable insights and personalization use cases that make sense for your business. Next, ask yourself whatconsumer datais required to achieve these objectives. This could be consumer behaviors on specific marketing channels, audience demographics or external factors such as seasonal trends.

Businesses have long relied upon third-party data from website cookies to track consumers' web activity and customize advertisements and product offerings. However, with Google planning tosunset third-party cookiesby next year, you'd be wise to plan ahead and prioritize collecting first-party data directly from consumers. To that end, look at your current technology stack, and ask yourself: What data do I already have access to, and how is it tagged?

2. Level up your audience segmentation

The fact of the matter is that demographic data alone won't help you deliver the personalization in digital marketing that71% of modern consumersexpect, according to McKinsey & Company. Yes, audience segments are still important. But when you employ only traditional segmentation with historical data, you pigeonhole consumers.

Humans contain multitudes, meaning they'll likely fall into multiple segments. Just because someone fits into a particular segment when interacting with your website this month (or even thisday) doesn't necessarily mean they'll fit into that segment when they return. So, to improve the overall consumer experience, you need to enabledynamic audience segmentation.

In doing so, you'll allow consumers to move in and out of specific segments in real time, as their contexts shift and preferences change.Ultimately, dynamic audience segmentation is about meeting consumers where they are at that moment.

Related:Why Segmenting your Target Audience Is Essential

3. Put your consumer data to work

Once you've got dynamic audience segmentation in place, you can start improving the overall consumer experience with better product and service recommendations based on numerous contextual factors — ranging from consumers' purchase and search trends to geolocation, season and even weather.

What does this look like in practice? Imagine, for example, that you run an alcohol retail business with a "buy online, pick up in-store" option. As a consumer browses your online selection, you can (and should) optimize recommendations based on what products are in stock in your physical store, whether the consumer prefers spirits or wine and what the weather looks like. After all, no one wants a hot toddy on a sizzling summer day, nor are they looking for an ice-cold beer during a blizzard.

For a real-world example of a business that knows how to leverage data to personalize audience recommendations, look no further than Netflix. You'd be hard-pressed to find two users with the same home screen recommendations.Netflix leverages consumer dataso effectively that it can determine exactly what a user will most likely want to watch next. And every time they hit "play," Netflix adapts its recommendations in real time to make them even more accurate.

Related:5 Actionable Ways to Improve Your Customer Experience

Today's entrepreneurs must listen — and I meantrulylisten — to their target audience members to be successful inpredictive personalization. Gone are the days when consumers expected brands to deliver the bare minimum. Today, you need to use consumer data to improve the overall consumer experienceat every turn.

Diane Keng

Entrepreneur Leadership Network® Contributor

CEO and co-founder of Breinify

Diane Keng is CEO and co-founder of Breinify, an AI and predictive personalization engine that helps brands curate dynamic experiences. Keng is on Forbes’s 30 Under 30 for enterprise technology and is an innovator who speaks on the intersection of AI, personal data and the future of smart products.

Editor's Pick

Related Topics

Business News

Misinformation is Destroying Businesses — How Do We Finally Tackle Fake News?

When it comes to social media, the lines between truth and falsehood blur further. But how do we even start solving the fake news problem?

Business News

Watch: London Airport Parking Garage Erupts in Flames Leaving Thousands of Passengers Stranded, Delayed

London Luton Airport resumed flight activity late Wednesday following the incident.

Business News

McDonald's Employee Shoots, Kills 30-Year-Old Woman Following Dispute: 'Completely Senseless'

受害者被认为是由玛丽再保险ed from Johnson City, Tennessee.

Business News

Meta Is Paying the Celebrity Faces Behind Its AI Chatbots as Much as $5 Million for 6 Hours of Work, Report Says

One unnamed top creator was paid $5 million for six hours of work, according to The Information.

Business News

This Restaurant Will Charge You a Hefty $50 Fee If You Have One Too Many Mimosas

Kitchen Story in Oakland, California isn't playing around when it comes to bottomless brunch.