The Potential of IoT Data in Marketing: Words of Wisdom from 9 Industry Thought Leaders

It’s the age of data—lots of data. And marketers know that data holds the key to unlocking the hearts and minds of their customers and prospects. After all, as consumer expectations for better on-demand, personalized experiences intensify, what better way to reach consumers on their level than using data to create thoughtful, tailored marketing messages?

But, let’s be honest marketers. The amount of data at your disposal is overwhelming—and you may be struggling to find the time or tools to make sense of it all. And to add to the complexity, there’s a relatively new kid on the data block: IoT data.

It’s complex. It’s sensitive. But it’s also unique and powerful; no one can deny the marketing potential IoT data holds when combined with existing customer profiles. And when used responsibly, this enriched data can help create a fantastic customer experience—one that is welcome and effective.

But don’t just take our word for it. From IoT experts to marketing gurus to tech enthusiasts, IoT, personalization, customer experience and respectful data usage are top of mind for many industry thought leaders. In this piece, we share some insightful tidbits from several of these leaders—tidbits that really resonated with us under the IoT-in-marketing lens.

Read on to get food for thought on the current landscape of IoT, how you should wield your data, and where you may need to give yourself a reality check.

The IoT & IoT Data Landscape

Chuck Martin

Keynote Speaker & Author

Chuck Martin

Who is Chuck? For the last two decades, Chuck has been a leader in emerging technologies. He’s an in-demand keynote speaker as well as a New York Times bestselling author.

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“While consumers see the value in IoT services, they also are concerned about the security of their data and how it’s being used. … The majority (70%) of consumers want more control over what personal data is being collected and shared through the IoT service they use. Smart companies will be paying attention to that stat.” – Chuck Martin, Keynote Speaker & Author | Source

Follow Chuck on Twitter and LinkedIn.

Tom Raftery

Global Vice President, Futurist & Innovation Evangelist, SAP

Tom Raftery

Who is Tom? Tom is an innovation evangelist and futurist. He’s a regular keynote at industry conferences and he’s also the host of a weekly IoT podcast called “IoT Heroes.”

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“The IoT hype is over – but the trough of disillusionment typically precedes mainstream adoption. Customers have by now generally accepted IoT as a main driver of digital transformation, however, in 2018, they will be looking for business value and outcomes in every project. There is no doubt that all newly released products and installed assets will be connected with an increasing amount of sensors and intelligence embedded.” – Tom Raftery
Global Vice President, Futurist & Innovation Evangelist, SAP
| Source

Follow Tom on Twitter and LinkedIn.

Our Takeaways

IoT technologies—and the data they collect—are being increasingly embraced by consumers. But take note, marketers. If you jump on the IoT bandwagon, transparency in how you’re using their data is more important than ever and you’ll need to prove the value to your customers.

The Personalization Imperative

Michael Donner

Chief Marketing, eCommerce and Digital Officer, Competitive Marketing Advantager

Michael Donner

Who is Michael? Michael is a veteran digital marketing executive, with expertise in retail, eCommerce, high-tech, healthcare and cybersecurity.

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“Consumers unsubscribe when brands overwhelm them with irrelevant marketing and eCommerce digital offers. If it’s not personalized there’s a fine line between being effective and being annoying.” – Michael Donner, Chief Marketing, eCommerce and Digital Officer, Competitive Marketing Advantage | Source

Follow Michael on Twitter and LinkedIn.

Andy Mauro

Co-Founder & CEO, Automat.ai

Andy Mauro

Who is Andy? Andy has spent nearly two decades working on conversational interfaces—from phone-based speech recognition to his work now on messaging and bots in the marketing realm.

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“Once you’ve opened a bi-directional conversation with someone, if you send them relevant, personalized, and contextual content you earn the right to continue the conversation. Messaging applications nearly always have push notifications enabled, and we’ve found that very few consumers block the messages you send when you take an interest in them, send them information they care about, and don’t abuse the privilege.” – Andy Mauro, Co-Founder & CEO, Automat.ai | Source

Follow Andy on Twitter and LinkedIn.

Our Takeaways

Personalization enables connection. It fosters engagement. It builds relationships. It shows you understand your audience. It helps earn you the right to keep the conversation going. And IoT data offers you the opportunity to take personalization and connection to the next level.

Engaging Your Internal and External Audiences

Tamara McCleary

CEO, Thulium.co

Tamara McCleary

Who is Tamara? Tamara is an international branding expert, technology futurist, and marketing and digital strategy consultant. She’s also been ranked on several prestigious industry influencer lists for AI, big data, digital transformation, and others.

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“Engaging an audience, a target market, and a workforce is probably the best super power when it comes to getting ahead of the pack in our distracted world. How are you capturing the attention of your target market? How are you connecting with, inspiring, and moving your workforce? What tools are you utilizing to streamline your effort at communicating effectively with your internal and external stakeholders?” – Tamara McCleary, CEO, Thulium.co | Source

Follow Tamara on Twitter and LinkedIn.

Ken Herron

Chief Marketing Officer, Unified Inbox

Ken Herron

Who is Ken? Ken describes himself as a technology-fueled marketing alchemist. He helps brands grow revenue and market share though the use of technology to develop emotional connections between companies and their customers.

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“The first step in transforming your business is engaging your people.” – Ken Herron, Chief Marketing Officer, Unified Inbox | Source

Follow Ken on Twitter and LinkedIn.

Andrew McFarland

Senior Vice President, Chief Customer Officer, Black Box

Andrew McFarland

Who is Andrew? Andrew is a customer service and experience expert who leads organizational transformation through client-focused solutions, spending most of his career working for communications and technology companies.

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“Customer experience design must be intentional to focus on how customers respond emotionally to what you’ve designed. When customers react positively to your experience, their engagement increases, likelihood to recommend improves, and financial performance will follow.” – Andrew McFarland, Senior Vice President, Chief Customer Officer, Black Box | Source

Follow Andrew on Twitter and LinkedIn.

Our Takeaways

It’s time to take stock of your marketing strategy, data and tools if you want to connect and engage with your internal and external audiences. Engagement can be your brand’s super power and you need to be intentional if you want to build emotional connections with your customers and prospects. And IoT data, when used right, can help you do just that.

Accepting Reality

Penny Baldwin

Senior Vice President, Chief Marketing Officer, Qualcomm

Penny Baldwin

Who is Penny? Penny has more than 30 years of marketing experience and has worked for large technology companies such as Intel, McAfee and Yahoo!. Currently, she serves as Senior Vice President and Chief Marketing Officer for Qualcomm, a wireless technology and innovation company.

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“CMOs should understand that AI is no longer a future technology, it’s a today technology.” – Penny Baldwin, Senior Vice President, Chief Marketing Officer, Qualcomm | Source

Follow Penny on Twitter and LinkedIn.

Daniel Elizalde

IoT Product Management Coach & Advisor, DanielElizalde.com

Daniel Elizalde

Who is Daniel? IoT is not only Daniel’s area of expertise, but it’s also his passion. As an IoT coach, he’s trained more than 800 product professionals to develop cohesive IoT product strategies. In addition, he’s the host of “The IoT Product Leadership” podcast and an avid blogger.

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“People don’t buy IoT, they buy a solution to a problem.” – Daniel Elizalde, IoT Product Management Coach & Advisor, DanielElizalde.com | Source

Follow Daniel on Twitter and check out his blog.

Our Takeaways

The future is now and it’s time to embrace the technology it’s brought. But don’t get lost in the data shuffle. Remember to always your audience’s intent and needs at the forefront of any marketing strategy, especially when it comes to IoT.

Shine a Light on IoT

In the age of data, there are challenges and opportunities in front of marketers—and IoT takes both to a new level. IoT data is complicated and requires the right tools and strategy to harness it to its full potential.

But if you want to maximize the potential of your marketing efforts to create one-to-one connections with your audience, the notion of adding IoT data to your data arsenal is worth exploring.

Learn more about Arm Treasure Data’s IoT data solutions.

Marci Bontadelli
Marci Bontadelli
Marci is a Senior Marketing Specialist at Arm Treasure Data where she runs influencer, analyst and media relations.
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