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CLIENT CASE STUDY


Telstra

Bringing together the art and science of marketing

MARKETING CHALLENGE

It's the age-old question that has plagued marketers for years, "What part of my marketing is working?" And, as marketing becomes more fragmented, the question becomes harder to answer.

Telstra, Australia's largest telecommunications company, can have multiple campaigns in-market—across both traditional and digital media—at any one time. To better understand its customers and maximise return on marketing investment, Telstra wanted to implement a data-driven approach to provide deeper insights, faster. The company turned to Accenture for help.

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MARKETING MIX MODELLING (MMM)

Through a truly collaborative effort, Telstra and Accenture developed the next generation of Marketing Mix Modelling (MMM). Accenture knew MMM would need to deliver complex insights and make them understandable, believable and actionable. With this in mind, Telstra and Accenture worked together to co-design and develop MMM. Starting with the underlying data science, to how it would look and how it would be used, with different views for different user types. The application was built in Accenture's Insights Platform Design Studio.

At the heart of MMM is the new, cutting-edge machine learning methodology. It was developed locally by Accenture using 4,000 data variables and 900 Bayesian models. Compared with traditional statistical methods, this new machine learning accelerated approach not only provides deeper insights, but harnesses scalable cloud computing power to deliver results in 20 percent of the time taken earlier. The mathematics approach was reviewed independently by Professor Chris Dubelaar of Deakin University.

The approach taps into the growing wealth of data on:

  • Consumer purchase behaviour

  • Offline and online marketing

  • Social media activity

  • Competitor intelligence

  • Socio demographic profiles

And it is a key step in Telstra becoming a truly data-driven organisation.

NOW

MMM enables Telstra's marketing team to plan, track and optimise marketing investments in a fact-based way. It enables quick responses to changes in customer needs, market conditions and/or competitor behaviour. MMM helps the Telstra team understand the impact of marketing factors and factors independent of marketing activity in driving revenue. Additionally, MMM provides campaign-level, multichannel results and insights quicker than ever before.

Telstra now has a world-class marketing performance insights cap ability, with a range of strategic and tactical applications. The company is already making changes to the allocation of marketing spend, messaging and media based on insights gained from MMM.

CUTTING EDGE,
NEXT-GENERATION
AND WORLD-FIRST
MACHINE-LEARNING
METHODOLOGY

Liz Moore

MMM is a living, breathing tool; as our market place changes and the way we market changes. MMM will evolve to keep pace.
- Liz Moore
Telstra

Michelle Yeates

It was the strong partnership between Accenture and Telstra that really made it possible.
- Michelle Yeates
Telstra

Amit Bansal

Math is central to this project; it sits underneath the hood. It’s the engine of the program. It’s brand new, and it allowed us to use machine learning techniques that we tuned and tailored for Telstra.
- Amit Bansal
Accenture

Alasdair Gordon

What made a big difference was infusing human-centric design thinking methods into the way we work.
- Alasdair Gordon
Accenture

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Amit Bansal

Amit Bansal

Managing Director, Applied Intelligence Leader

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ABOUT TELSTRA

Telstra Corporation Ltd. (known as Telstra) is an Australian telecommunications and media company that builds and operates telecommunications networks and markets voice, mobile, internet, pay television and other entertainment products and services. Telstra is Australia’s largest telecommunications company.