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RETAIL & CPG

Marketing Optimization to Increase ROI for a Multinational Retail Company

The Challenge

Understanding the importance of marketing optimization, a multi-national travel retail company recognized the need to increase the total return on investment. To better empathize with customer needs, they aimed to segment, and target based on interests, behaviors, and profiles, ultimately increasing campaign profitability.

The Solution

Addo AI designed and implemented an AI engine to obtain a ‘360-degree view’ of our client’s customers. The 360-degree view provides information about every aspect of a customer’s buying habits and behaviors. Dashboards were built to display this customer information — ranging from website inquiries and customer support requests to different product purchase details — allowing our client to have a clear and segmented view of customers. Moreover, the dashboards were accessible by every department in the organization, forming a single version of truth on customer information. Once this was achieved, our client was free to employ a targeted approach to their marketing efforts. They prioritize different customer segments with clear knowledge about which customers were likely to buy when approached through marketing channels, thereby improving campaign conversion rates.

The AI engine was also able to calculate and score the likelihood of customers buying specific products at specific times, further improving the client’s marketing efforts. Deep neural networks were trained to achieve this, using data such as customer transaction history, customer behavioral patterns, demographic data, customer personas, and information on products.

To build this solution, a pool of highly qualified Machine Learning Engineers, Integration Engineers, Cloud Engineers and Solutions Architects were engaged.

AI techniques: Deep Learning Neural Networks

The Results

  • 360-degree customer view
  • Improved marketing campaign turnover
  • Reduced overall costs

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    Technologies Used

    Alteryx
    Alteryx
    Scikit Learn
    Scikit Learn
    AWS EMR
    AWS EMR
    AWS Sage Maker
    AWS Sage Maker
    Apache Spark
    Apache Spark
    tensorflow
    tensorflow
    AWS S3 Bucket
    AWS S3 Bucket

    Impact by the NUMBERS

    ~40%

    improvement in campaign conversion

    360

    degree customer view

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