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.