{"id":1569,"date":"2021-02-02T09:59:47","date_gmt":"2021-02-02T15:59:47","guid":{"rendered":"https:\/\/blog.gofranklingo.com\/?p=1569"},"modified":"2021-02-02T09:59:48","modified_gmt":"2021-02-02T15:59:48","slug":"should-you-be-personalizing-the-data-tells-the-tale","status":"publish","type":"post","link":"https:\/\/blog.gofranklingo.com\/index.php\/2021\/02\/02\/should-you-be-personalizing-the-data-tells-the-tale\/","title":{"rendered":"Should You Be Personalizing? The Data Tells the Tale"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"300\" src=\"https:\/\/blog.gofranklingo.com\/wp-content\/uploads\/2021\/02\/Feb2_2021.jpg\" alt=\"\" class=\"wp-image-1570\" srcset=\"https:\/\/blog.gofranklingo.com\/wp-content\/uploads\/2021\/02\/Feb2_2021.jpg 500w, https:\/\/blog.gofranklingo.com\/wp-content\/uploads\/2021\/02\/Feb2_2021-300x180.jpg 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/figure><\/div>\n\n\n\n<p>Recently, McKinsey, a respected business research firm, had this to say about direct mail and email communications: <\/p>\n\n\n\n<p><em>Customers decide very quickly\u2014in a matter of seconds\u2014whether they like your marketing message. Provide something relevant, and you\u2019ve got a satisfied customer. Miss the mark, however, and they\u2019re gone<\/em><sup>1<\/sup><\/p>\n\n\n\n<p> If that doesn\u2019t get your attention to the importance of targeted, relevant campaigns, nothing will. If you need more reasons to add personalization to your marketing mix, check out this data compiled by the venerable business magazine Forbes<sup>2<\/sup>:<\/p>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>91% of consumers say they are more likely to shop with brands that provide offers and recommendations that are relevant to them. (Accenture)<\/li><li>42% of consumers are annoyed when content isn\u2019t personalized. (CMO by Adobe)<\/li><li>72% of consumers say they <em>only<\/em> engage with personalized messaging. (SmarterHQ)<\/li><\/ul>\n\n\n\n<p> <br>But isn\u2019t it challenging to get consumers to share their information so you can create a more personalized experience? Not if it\u2019s going to benefit them. Retail TouchPoints found that more than 50% of consumers are willing to share information on products they like in exchange for personalized discounts. Here is some more encouraging data:  <\/p>\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>83% of consumers are willing to share their data to create a more personalized experience. (Accenture)<\/li><li>64% of consumers are okay with retailers saving their purchase history and preferences if it allows their experiences to be more personalized. (BRP Consulting)<\/li><li>90% of consumers are willing to share personal behavioral data with companies for a cheaper and easier experience. (SmarterHQ)<\/li><\/ul>\n\n\n\n<p><\/p>\n<p>Developing truly personalized content takes effort, but it pays off big. Studies have consistently shown that between 80-90% of companies using personalized messaging have seen a measurable lift in business. Often, this lift is more than 10%.<\/p>\n\n\n\n<p>This doesn\u2019t mean that just throwing data at the page will create these kinds of results. Studies also consistently show that consumers will stop buying from brands that use poor personalization tactics. If you are going to create personalized communications, do it well. <br><br>Think before you print!  <\/p>\n\n\n\n<p><sup>1<\/sup><a href=\"https:\/\/www.mckinsey.com\/business-functions\/mckinsey-digital\/our-insights\/marketings-holy-grail-digital-personalization-at-scale#\" style=\"font-size: 10pt\">https:\/\/www.mckinsey.com\/business-functions\/mckinsey-digital\/our-insights\/marketings-holy-grail-digital-personalization-at-scale#<\/a><\/p>\n\n<p><sup>2<\/sup><a href=\"https:\/\/www.forbes.com\/sites\/blakemorgan\/2020\/02\/18\/50-stats-showing-the-power-of-personalization\/#2565613e2a94\" style=\"font-size: 10pt\">https:\/\/www.forbes.com\/sites\/blakemorgan\/2020\/02\/18\/50-stats-showing-the-power-of-personalization\/#2565613e2a94<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recently, McKinsey, a respected business research firm, had this to say about direct mail and email communications: <\/p>\n<p>Customers decide very quickly\u2014in a matter of seconds\u2014whether they like your marketing message. Provide something relevant, and you\u2019ve got a satisfied customer. Miss the mark, however, and they\u2019re [&#8230;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[177,29,167,33,35,155,41,43,166,49,79,171,176,181,179,180,144],"class_list":["post-1569","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-cross-channel-marketing","tag-data-driven-marketing-strategies","tag-digital-marketing","tag-direct-mail","tag-direct-mail-design","tag-direct-mail-strategy","tag-direct-mail-trends","tag-direct-mailers","tag-direct-marketing","tag-email-marketing","tag-marketing","tag-marketing-communications","tag-multichannel-marketing","tag-personalization","tag-personalize","tag-personalized-marketing","tag-variable-data"],"_links":{"self":[{"href":"https:\/\/blog.gofranklingo.com\/index.php\/wp-json\/wp\/v2\/posts\/1569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.gofranklingo.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.gofranklingo.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.gofranklingo.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.gofranklingo.com\/index.php\/wp-json\/wp\/v2\/comments?post=1569"}],"version-history":[{"count":19,"href":"https:\/\/blog.gofranklingo.com\/index.php\/wp-json\/wp\/v2\/posts\/1569\/revisions"}],"predecessor-version":[{"id":1596,"href":"https:\/\/blog.gofranklingo.com\/index.php\/wp-json\/wp\/v2\/posts\/1569\/revisions\/1596"}],"wp:attachment":[{"href":"https:\/\/blog.gofranklingo.com\/index.php\/wp-json\/wp\/v2\/media?parent=1569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.gofranklingo.com\/index.php\/wp-json\/wp\/v2\/categories?post=1569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.gofranklingo.com\/index.php\/wp-json\/wp\/v2\/tags?post=1569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}