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Archive for November, 2009

Sari Aapola
 

Microsegmentation and the long tail of brands

I recently attended two events for the mobile industry: Mobile Asia in Hongkong and an IIR event on Customer Segmentation and Intelligence in London. I had the opportunity to listen to numerous speeches, and two themes in particular caught my attention:

· The necessity to use microsegmentation to reach and engage consumers and

· The challenge and opportunity of data services and applications for mobile operators

As Garrett Johnston from MTS Russia put it In his presentation in Mobile Asia, the key to operators’ success in the future lies in the long tail of brands – and these are the brands of their application partners. How can operators matchmake between the varying and versatile needs of their customers and the supply of niche applications? Analytics was seen as the answer by many, but several open questions remain on the implementation, especially on truly making analytics part of marketing processes.

Operators have worked on segmentation models for a long time already. The projects have been long, cumbersome and internally focused (!). Are these static segmentation models going to help in selling a large variety of products, services and applications to subscribers? Yes and no. When resuming the key learnings at the IIR event on segmentation, one of the groups came up with the idea of hierarchical segmentation where the operator works with a few high-level segments on a strategic level, but uses dynamic segmentation with more variables as input on a tactical level . I believe there is food for further investigation in this idea – more flexibility to really engage the versatile consumers with niche marketing, offerings and flexible pricing through microsegmentation, based on strong but easy-to-use analytics.

Date
Friday, November 27th, 2009

Tags

Blog, Business, Xtract

Xtract
admin 

Xtract shortlisted for GSMA Mobile Innovation Asia Award

Helsinki, Finland and London, England – 4 November 2009 – Xtract today announced the GSMA has shortlisted the company for its innovative flagship social intelligence product, Social Links, for the Mobile Innovation Asia Grand Prix Award for the second year in a row. Social Links is used by mobile operators to help them gain more value from their customers through improved churn management and product marketing campaigns, as well as more targeted customer acquisition strategies. This year’s accolade demonstrates the evolution from the great vision behind Xtract’s product to real implementations that are currently achieving vastly improved marketing campaigns for mobile operators. The Mobile Innovation Grand Prix award showcases promising entrepreneurs from small and medium-sized companies bringing innovative new products and services to market.

“It’s been a big year for Xtract Social Links as it evolves to bring real innovation, especially in the areas of churn management and product marketing, to mobile operators from around the world,” said Timo Laaksonen, CEO at Xtract. “We have also made Social Links available as a service with improved graphical interfaces. The GSMA’s recognition is an even greater honour this year, as our product matures and achieves real results for operator marketing.”

Winners of the Mobile Innovation Grand Prix APAC Tournament will be presented at the forthcoming GSMA Mobile Asia Congress, which is taking place in Hong Kong, China from 18-19 November. Xtract will be present at the conference at booth MI11.

About Xtract Social Links
Social Links is the first commercial soft¬ware that uses social network analytic¬s to improve mobile operators’ own marketing. Social Links utilises anonymised subscriber transaction data to generate customer insight based on social intelligence, predict the behaviour of subscribers (e.g. for churn management and product up-sell/cross-sell) and to understand the network of influence between subscribers. Social Links is based on advanced analytics that dig deep into the granular communication patterns between subscribers to draw highly accurate targeting and deep insight.

Social Links offers benefits for mobile operators’ marketers, campaign designers, product managers, analysts and CRM managers. The information pro¬vided is used in highly accurate targeting, and gaining customer insight for cam¬paign and product planning. Social Links also supports subscriber lifetime valuation and campaign design. Social Links is available either as licensed software or as a fully managed service, Social Links On-Demand.

About Xtract
Xtract (www.xtract.com) refines social interaction, behaviour and demographic data about mobile subscribers, enabling operators to utilise data as a dynamic tool in their day-to-day marketing for effective and intelligent targeting of campaigns and advertising. Xtract’s Social Links is an automated, self-learning solution capable of analysing billions of mobile transactions with easy to use and actionable tools for operators to define accurate target groups for their marketing campaigns.

Press contact
Emily McDaid
Hatch PR

Date
Wednesday, November 4th, 2009

Tags

Press Releases

Arlinda Sipilä
Arlinda 

Timo Laaksonen at Growth Forum – November 10, 2009

Xtract’s CEO, Timo laaksonen, will be one of the panelists at Growth Forum. This year’s conference will explore the ways and means that make software companies world-class success stories. It will bring together industry leaders and their views on education, training, research and innovation.

The Growth Forum is organized by the Finnish Software Entrepreneurs Association – a non-aligned association for innovative, professional, growth-friven and entrepreneurial software business executives. The association drives the success of software business as an industry and supports individual software companies in their road to success.

More information can be found from the event’s website.

Date
Monday, November 2nd, 2009

Tags

Events