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RESEARCH, ANALYSIS & TRENDS




             Personalization is up-and-coming but time-

             consuming from a technical point



                                                                 Only a minority uses AI and machine learning

                                                                 According  to  those  surveyed,  the  potential  for
                                                                 personalization  is  high.  The  other  side  of  the  coin,
                                                                 however, are the technical challenges that need to be
                                                                 mastered. Nine out of ten respondents (91%) still see a
                                                                 "limiting  factor  for  personalization  performance"  in  the
                                                                 technical  infrastructure  of  companies.  In  addition,
                                                                 companies  are  not  taking  full  advantage  of  modern
                                                                 technologies  such  as  artificial  intelligence  (AI)  and
                                                                 machine learning (ML). Only a third use the automation
                                                                 of  personalized  recommendations  –  for  example,  on
            Technology     experts   consider    personalized    their own website – either not at all or only to a small
            content  and  product  delivery  to  be  very        extent.  In  contrast,  64%  "predominantly"  use
            important,  but  the  technical  infrastructure  in   automation,  but  even  these  companies  are  not  fully
            many companies is not yet equipped for this. At      adapting.
            least that’s according to the study by Optimizely,
            a  digital  experience  service  provider,  for  which   Biggest problem of inferior database
            100  technology  experts  from  the  around  the     Technology  experts  see  the  biggest  obstacle  to
            world  were  interviewed.  It  examined  the         successful personalization projects as limited access to
            importance of personalization in companies and       usable,  reliable  data.  Inadequate  data  quality  is
            what challenges this entails for technology.         responsible  for  more  than  half  (58%);  57%  complain
                                                                 about  insufficient  access  to  data  and  54%  see
            Personalization drives customer satisfaction         substandard  IT  infrastructure  as  the  main  obstacle,
                                                                 while 41% blame gaps in human resources and skills.
            The  results  show  that  personalization  in  the   All  respondents  agreed  that  poor  data  quality  and
            presentation of content and products has long been a   timeliness  has  a  negative  impact  on  business
            "must  have"  in  companies,  especially  in  customer   performance  that  personalization  projects  cannot
            communication:  79%  of  those  surveyed  agreed  that   advance;  77%  see  a  partial  impact,  17%  a  moderate
            personalized  content  delivery  is  important  for   impact and 6% a strong impact.
            customers.  Just  over  a  fifth  (22%)  even  see  it  as  a
            necessity  that  companies  can  no  longer  do  without   Just recently, Gartner recognized Optimizely again as a
            today.                                               leader  in  the  Magic  Quadrant  for  DXP.  Optimizely's
                                                                 Digital  Experience  Platform,  which  includes  content
            Accordingly, the topic is anchored at company level: all   management,   personalization,   customer   data
            100  respondents  stated  that  personalization  is  always   management  and  analytics,  is  available  on  a
            prioritized in company decisions; 21% see this as a low   subscription  basis  as  a  hybrid  cloud  solution  and
            priority,  but  69%  give  it  a  medium  weight  at  the   leverages  some  SaaS  components  with  management
            enterprise level, while 10% even give personalization a   user interfaces based on a multi-tenant PaaS solution.
            high priority.                                       ◊

            For  56%  of  respondents,  personalization  is  primarily                          By Daniela La Marca
            responsible for higher customer satisfaction; 30% see a
            significant  increase  in  customer  ratings  and  feedback
            through  personalization,  10%  see  an  increase  in
            positive   recommendations,   and   4%    attribute
            personalization to sales growth.




                                                               4                              July 2022: Search Marketing
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