In today's content-rich world, consumers are overwhelmed by the choice available to them on TV, Video on Demand, etc. Initially this is exciting for the new consumer, but it rapidly becomes an irritating experience as, each time, they click through channel-after-channel on the EPG or wander through the VOD library. The result - people stick to watching what they already know, and after a while begin to question whether they are getting value for their subscription money. In this situation customer retention becomes a problem, and raising ARPU similarly challenging. The fact is consumers cannot select what they don't know - so 'Search' is the wrong approach to a constantly moving EPG or large VOD library. Intelligent, personalized 'Recommendations' solves this problem, thereby improving retention and raising ARPU.

Essential Taste Broadening
To improve customer retention and grow ARPU, it is essential
to expose customers to a wider range of content than they would
normally discover for themselves. Where the customer explicitly
declares a wide range of tastes this is relatively simple to
achieve, but in most cases (especially during the critical early
phase of the relationship with the recommendation system) the
customer is cautious/lazy and will declare a narrow range of
tastes or even none. For instance, he will often start by declaring
only gender, age and perhaps one taste area. In response, instead
of recommending a default Top 10 list based on collaborative
filters (which leaves the customer repeatedly stuck with the
same recommendations until he trusts the system enough to start
giving feedback), ThinkAnalytics system generates a fresh and
diverse list of programs every time, using feature-based sub-genres
linked to the declared profile. In this way, different programs
are selected from the live EPG, including 'Long Tail' surprises
or one-offs to intrigue the customer, and as a result he is
encouraged to divulge more and progress his relationship through
this crucial start-up phase. Without this sophisticated approach,
even customers declaring a wide range of tastes risk receiving
recommendations which are no more than a 'reminder service',
whereas ThinkAnalytics ensures the customer is regularly offered
broadened content.
Seeding the Application using Local
Data
It is critical that a customer's first experience is a good
one. We therefore do not use data based on other companies or
countries because all markets and TV providers are different
in terms of content and culture. The whole point about 1-2-1
personalization is to provide a localized, differentiated customer
experience from day one, otherwise customer's will stop using
the service. You need a Dutch system for Holland, a French system
for France, etc, all differentiated to your customer base. Because
ThinkAnalytics technology trains itself, the seed can either
be created from a set of sub-genre template associations that
your Marketing Department has defined, or ThinkAnalytics can
automatically generate associations from focus group data that
you have collected. Either way, this seed is rapidly enhanced
by customers providing real feedback ratings.
Automatic Classification of your Content
All your content is automatically classified by the
system. This means:
Business Rules control marketing bias
This ensures the system can balance strong consumer centric
objectives with those of the business's marketing objectives.
Keeping Recommendations Fresh
Many successful retail recommendation system are often criticized
for having too long a memory which causes it to make out-of-date
suggestions. ThinkAnalytics avoids offering suggestions based
on old data by applying ageing factors. In addition, it understands
time-of-day, weekday v weekend, and seasonal variations; and
being a real time system, it responds instantly to customer
feedback and to the constantly evolving content.
Who owns the data?
The data collected is hugely valuable as it reflects not just
genre preferences but individual program likes/dislikes. This
ongoing data and derived intelligence is owned and controlled
by you, available only to you, stored wherever you choose and
accessible in any way you wish. You therefore control your ability
to differentiate yourself - a key requirement in the commercial
world.
Open Application
ThinkAnalytics' technology uses a range of open, industry standard
algorithms with which any commercial analytics person will be
familiar. Coupled with an open, component based architecture,
this ensures you are:
Rapidly reach initial Recommendations
Accuracy
ThinkAnalytics achieves this by engaging your customers in a
2-way process, demonstrating that after a few initial iterations
of rating program suggestions the system will have been 'trained'
to know the customer surprisingly well. Thereafter, ongoing
interaction enables the system to become increasingly accurate
as it continues to learn and adjust as the customer's tastes
change/evolve or vary across the seasons.
Multi Customer Touch Point deployment
You can make ThinkAnalytics recommendations available to your
customers through their channel of choice - Web, contact centre,
mobile devices, set top box, etc.