Magiq allows marketers to subscribe to on-demand digital marketing services which provide increased content relevance to customers, and automated CRM solutions which help online businesses have more meaningful and timely dialogue with their audience. With a low-risk, pay-as-you-go, short-term business model with minute-by-minute management and a simple, single, one-off web-site change, Magiq's services allow marketers to set-up dynamic website content personalization campaigns, whilst also delivering individual customer engagement.
Magiq computes and records key events and metrics (such as RFM scores, contact details, location and purchase history) and saves these in the customer database it builds for the site. The Magiq services then capitalise on both the real-time visitor activity and the captured historical data to dynamically personalise web content and present the message to each individual customer, or provide lead nurturing and anti-defection tools.
These services include:
Once the Marketing teams have opened their Magiq account they are free to use any or all of Magiq's on-demand digital marketing services - website content personalization or trigger-based online marketing - on a pay-as-you-go basis and set budgets for each campaign. This allows them to experiment with new trigger-based online marketing ideas and creative campaigns without risking established ones, or over-running their budgets. Magiq provides alerts for when the budget limit is close to being reached and will stop adapting the site when the pre-set budget is exhausted, ensuring that extra and unexpected spend is not accrued.
Malcolm Duckett, VP Operations at Magiq said, "The core principle of Magiq and its on-demand digital marketing services, is ease of use. We wanted to free the marketing teams from all the pain and costs of continual manual website changes. Once Magiq has been enabled on a site - typically a 5 minute task - they are then free to use any of the website content personalization or trigger-based online marketing services in any way they choose. This will reduce the demand on IT teams for urgent website changes and make day-to-day campaign management far simpler for creative, marketing and agency staff. Deploying fresh online campaigns in response to news events, product launches or simply new ideas can now be instant!"
The payment structure for Magiq is on a pay-as-you-go basis, with a minimum monthly fee. Budget limits can also be set, allowing marketers to apportion set costs to the initiatives, track precise spend and easily identify return on investment via increased conversion rates.
Duckett said, "All of our services, and indeed our underlying philosophy, are based upon the importance of understanding online customers, appreciating them as individuals and engaging in relevant dialogue with them either in real-time on the website, or through other CRM means such as call centres or emails. The launch represents merely the tip of the iceberg for the Magiq portfolio - the potential for leveraging the broad-ranging data is enormous."
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