Customer Experience Matrix

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Coherent Path Auto-Optimizes Promotions for Long Term Value

Customer Experience Matrix

This clearly requires optimizing against a metric like lifetime value. One roadblock has been that automated design requires predicting the long-term impact of each message: just selecting the message with the highest immediate value can reduce future income. But that's really hard to predict. Coherent Path offers what may be a solution.

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Optimove Optibot Automates Campaign Optimization

Customer Experience Matrix

The system gives reports that compare actual performance with what performance would have been without the additional segmentation and optimization. (In practice, it slowly shifts the mix in favor of the better actions, to be more certain it is making a sound choice while minimizing the opportunity cost of poorly-performing actions.)

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Proving the Value of Site Optimization

Customer Experience Matrix

Optimization simply takes a lower priority. I’m tempted to add that optimization implies a relatively stable platform, whereas things are constantly changing on most sites. But plenty of areas, such as landing pages and check out processes, are usually stable enough that optimization is possible.)

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The Path to Customer Optimization

Customer Experience Matrix

I don’t mean the ancient “corner shop keeper” analogy, but the specific vision of linking customer touch points to a central management system that can optimize each interaction. You could argue that many of the interaction optimization systems already in place are examples of this.

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Sorting Out the Web Optimization Options

Customer Experience Matrix

I’ve been trying to make sense of the different Web site optimization vendors, and have tentatively decided they fall into four groups: - Web analytics. Examples are Google Website Optimizer, Offermatica, Optimost, SiteSpect and Vertster. These do log file or page beacon analysis to track page views by visitors.

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Uses of Lifetime Value - Part 4: Optimization and What-If Modeling

Customer Experience Matrix

It can also be used for what-if scenarios: calculate the results of different sets of assumptions either to find optimal resource allocations or for risk analysis of different contingencies. An even more sophisticated system would look at all these factors and identify optimal investment decisions.

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Marketing attribution systems: a quick look at the options

Customer Experience Matrix

Does the vendor create optimal media plans? Systems may do this at different levels of detail, with different levels of sophistication in the optimization, and with different degrees of integration to media buying systems.