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M&S boosted revenue with mParticle by leveraging real-time data for personalized experiences, resulting in 6.5M incremental yearly revenue.
BY THE NUMBERS
Since its inception in Leeds in 1884, Marks & Spencer (M&S) has evolved into a global brand, renowned for its diverse range of products and services. However, the retail landscape that facilitated M&Ss rapid growth has drastically changed, with the digital realm increasingly influencing consumer behavior.
Initially, as M&S embraced the digital shift, they encountered a significant challenge. Their marketing data stack, though rich in customer data, led to fragmented insights due to disparate data collection processes across tools. This siloed approach prevented a cohesive understanding of the customer journey, limiting their ability to personalize experiences effectively.
Challenges M&S faced:
To overcome these hurdles, M&S sought a robust solution capable of unifying their customer data and providing a comprehensive view of their clientele.
Why M&S selected mParticle:
Building this functionality internally would have required significant engineering work. Instead, the team looked to vendors that could be configured to support their needs. After a thorough evaluation of the market, M&S chose to implement mParticle as their Customer Data Platform.
mParticle offered a seamless integration with M&Ss diverse data sources, including mobile apps, website, in-store POS kiosks, and third-party vendors. mParticles deterministic identity resolution and consent management capabilities further enabled M&S to construct detailed, privacy-compliant customer profiles.
Today, M&S leverages mParticles packaged integrations to sync customer data downstream to their CRM tool, product analytics tools, and media platforms such as Facebook, Google, and Pinterest. Because all tools are being powered by the same high-quality data set, the team can place more trust in the accuracy and consistency of the data available in each downstream tool. And as requirements change over time, the team can control which data points are flowing to each downstream system without engineering support.
M&S uses mParticle for:
Our marketing team is being empowered to do and think differently. mParticle allows our teams to access real-time data and run tests across channels more easily, which has resulted in greater confidence leveraging data and a change in mindset.
Alex Williams
Head of Online Trading & Growth, Marks & Spencer
One notable project, the Free Basket Award campaign, showcased mParticles ability to drive significant CRM revenue, contributing to a yearly incremental revenue of 6.5M.
This promotion was designed to give one person their shopping for free every day in each store. As they check out, customers scan their Sparks loyalty card at the POS system. Upon completion, transaction data is collected into mParticle in real time, where it is automatically unified to the customers cross-channel profile. Next, data is synced to M&Ss CRM, where it is used to power a personalized email letting the customer know that they have won their shopping for free. By unifying online and offline data, mParticle helped M&S deliver more connected and personalized customer experiences, aligning with their core business values.
This Free Basket Award campaign, powered by mParticle, is responsible for driving 17% of incremental CRM revenue generated per year.
mParticles implementation accelerated M&Ss data activation capabilities. The marketing team, empowered by real-time data access, could swiftly launch new campaigns, enhancing their agility and efficiency. The platforms no-code audience building and integration with CRM and analytics tools ensured consistent data quality across channels, fostering trust in every customer interaction.
The success of M&Ss data strategy isnt just a story of technology implementation; its a narrative of collaboration and partnership. Working closely with mParticles Professional Services team, M&S has been able to fully leverage the platforms capabilities, integrating special builds and customizing to their specific needs. This collaboration has been a testament to the effectiveness of mParticles solutions and the strength of their client relationships.
I feel more connected as a client to mParticle than I have to any other team. The partnership, trust, and communication are there with mParticle. Were looking forward to our continued partnership with mParticle.
Alex Williams
Head of Online Trading & Growth, Marks & Spencer
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