Sat, 08/01/2020 - 07:56

SEMA News—August 2020

INTERNET

By Joe Dysart

Website Personalization

Digitized Charm, At Your Service

Website
In the end, web personalization is going after the same goal that has driven businesses for ages: happy customers.

Given that personalization has become a dominant mantra among marketers these days, it’s no surprise that there are a number of solutions available that can significantly personalize a website for every visitor. Those services are able to pull off this personalization (which manifests in websites that can instantly change images, text, colors and more, based on who’s visiting) by amassing an ever-growing data profile on each of your customers and visitors.

Once the service has that detailed data profile, it’s simply a matter of matching content alternatives with the kind of person who is on your site.

“In its simplest form, true one-to-one marketing means that each person gets their own content, their own experience,” said Raj Balasundaram, senior vice president for artificial intelligence (AI) at Emarsys, a website-personalization services provider.

In fact, the recognition of the power of personalization in selling is so pervasive that 96% of organizations surveyed said they considered it to be an important part of their everyday marketing strategy, according to a report released by Dynamic Yield (www.dynamicyield.com/personalization-maturity), a key personalization services provider.

In practice, adding personalization essentially transforms a website into a great salesperson. And, like every great salesperson, a website with personalization remembers every detail of every encounter customers or potential customers have had with the company. It knows what products they’ve purchased and which products they’ve passed on. It knows if they’re impulse buyers or tough customers who take a long time to study features and options at multiple websites before making purchases or business decisions.

It also keeps track of every piece of information customers have shared with the company—whether it be via the website itself, email opens and clicks, phone conversations with company representatives, face-to-face encounters that have been chronicled, the ads they’ve clicked on—even the company links they’ve bookmarked in their browsers.

Web personalization also keeps constant track of the tiniest of minutia associated with customers, which it knows can come in handy sooner or later. It knows what countries they come from, for example, as well as the time zones they live in, the kind of computers they’re using, what time they usually open their emails and even the screen resolutions of the devices they’re using.

In fact, Adobe Target—a leading provider of website personalization services—tracks 33 categories of data associated with each customer it keeps tabs on for its clients, including profile data that companies buy from third parties. Armed with that continually updated data stream, a top web-personalization service can really charm the pants off customers, if used creatively.

For example, a website powered by personalization can greet customers who visit by their first names, wish them a happy birthday and offer up a new product offering featuring their favorite color. And it can dynamically restructure the company homepage on the fly, switching to images it thinks specific customers prefer, changing to text it thinks they’ll prefer and serving up offers it thinks they’ll prefer.

It also has the ability to make any page of the website do the same backflips to impress.

A personalized website can also unveil special offers explicitly reserved for VIP customers—the same way a Las Vegas casino comps someone on a room once it realizes he or she is a high roller.

The best services also enable businesses to zoom in and out on personalization, sometimes personalizing a website for an individual visitor and other times based on a genre of customer. The best web-personalization services also enable marketers to update the way a website personalizes a customer visit in terms of the images changed, promotions offered and coupons sent—without being forced to go to company IT to make such updates.

The most comprehensive web-personalization services also enable marketers to reach out to customers beyond the website. Such beyond-the-site offers include personalized coupons via email, enticements via email to turn an abandoned shopping cart into a purchase, and ad offers that pop up on other websites your customers visit.

As you’ve probably guessed, many of the top website-personalization services are also infused with AI, which enables the service to learn over time what strategies are working best with each customer. AI-driven web-personalization services also often enable marketers to set a personalization goal for each customer’s visit and then let the AI figure out the best way to implement that goal.

“The best AI machines literally let you tell them your strategy,” Balasundaram said. “For example, setting a sliding scale to indicate how aggressively you want to discount an item for a particular campaign. Self-learning systems—which most AI-branded tools should also be—have to learn on their own, creating, reacting to and defining rules that aren’t explicitly told to them by humans. On top of all that, these processes will all need to occur within a matter of milliseconds.”

Added Lisa Kalscheur, chief marketing officer for Monetate, another website-personalization services provider: “Combined with AI-driven insights and recommendations, personalization can have a significant impact across a customer journey.”

Moreover, bringing personalization on board a website can often involve minimal changes. For example, a number of website-personalization services require you to simply embed a few snippets of code in your webpages so that its software can track what’s happening on the site and then make personalization changes accordingly.

When shopping for web personalization, a good first stop is to check out Gartner’s Magic Quadrant for Personalization Engines, 2019 (www.evergage.com/resources/ebooks/gartner-magic-quadrant-for-personalization-engines). It’s an in-depth report on personalization from a highly respected consulting firm and identifies eight website-personalization services providers it considers to be market leaders:

Also extremely handy is “Picking a Personalization Vendor With Confidence: 56 Questions You Need to Ask Before Making a Decision” (www.dynamicyield.com). That guide offers an extremely in-depth view on what to look for in personalization and how to get the most from the personalization provider you select. One caveat: The guide is written by Dynamic Yield, a top web-personalization services provider that is trying to sell you its approach to personalization. Even so, the questions the guide offers do apply to any vendor you’re likely to evaluate closely and really get you thinking deeply about the kind of personalization that is best for your company.

You can also get an extremely in-depth look at how other companies are implementing personalization with the Inspiration Library (www.dynamicyield.com/personalization-examples). The series features 81 case studies of website personalization done right. Again, the literature is provided by Dynamic Yield.

“The Inspiration Library codifies the top customer-use cases into a repository that is rich with best practices and offers a starting point for scaling your business with omnichannel personalization,” said Mukund Ramachandran, chief marketing officer for Dynamic Yield.

Still other extremely helpful guides you can use in your search for the ultimate personalization services provider for your business include:

Thu, 07/30/2020 - 18:54

By Ashley Reyes

Council and Network Awards
The SEMA Council and Network Awards recognize leading companies and individuals who have made exceptional contributions to the industry and the niche aftermarket segments that they represent.

Whether it is the restoration market, hot-rod industry, truck/off-road segment or another industry niche, chances are that you may know someone who has gone above and beyond to advance a specific sector of the industry. Nominate him or her to be recognized by the industry for a council or network award.

Nominations are open until August 3 for the following segments:

Additional details on award criteria and previous winners can be found on the council and network award nominations website. The winners will be announced at the 2020 SEMA Show council and network receptions. The Motorsports Parts Manufacturers Council (MPMC) Hall of Fame winner(s) will be honored at the PRI Trade Show in December.

Thu, 07/30/2020 - 18:54

By Ashley Reyes

Council and Network Awards
The SEMA Council and Network Awards recognize leading companies and individuals who have made exceptional contributions to the industry and the niche aftermarket segments that they represent.

Whether it is the restoration market, hot-rod industry, truck/off-road segment or another industry niche, chances are that you may know someone who has gone above and beyond to advance a specific sector of the industry. Nominate him or her to be recognized by the industry for a council or network award.

Nominations are open until August 3 for the following segments:

Additional details on award criteria and previous winners can be found on the council and network award nominations website. The winners will be announced at the 2020 SEMA Show council and network receptions. The Motorsports Parts Manufacturers Council (MPMC) Hall of Fame winner(s) will be honored at the PRI Trade Show in December.

Thu, 07/30/2020 - 18:14

By Ashley Reyes

Stewart Peregrine of Hennessy Industries shared proper practices for wheel and tire balance during a recently released video from the 2019 SEMA Show STAGE. Peregrine is the regional sales manager at Hennessy Industries—a wheel service manufacturer and the parent company of Coats tire service equipment, the AAMCO brake lathe and BADA wheel weight.  

During his informative interview with Myles Kovacs, Peregrine answers questions on vehicle vibration, defines residual imbalance, and explains the difference between OE and aftermarket tire balancers.

“What the OE manufacturers are using is a piece of equipment on an assembly line, and it’s all about how fast they can get it done,” said Peregrine. “When you look at a shop in the aftermarket, it’s a small piece of equipment; it’s not a big piece of equipment—something that has to be able to fit within the confinements of a guy’s shop. That’s the main difference. When it comes to accuracy and all that, we are as accurate as anything the OE puts out. It just looks different.”

Check out Peregrine’s full video and stay tuned to SEMA eNews for additional featured interviews powered by SEMA Education in partnership with the SEMA Wheel and Tire Council (WTC). For the latest news and updates on the STAGE, follow SEMA Education on Facebook and Instagram.

Thu, 07/30/2020 - 18:14

By Ashley Reyes

Stewart Peregrine of Hennessy Industries shared proper practices for wheel and tire balance during a recently released video from the 2019 SEMA Show STAGE. Peregrine is the regional sales manager at Hennessy Industries—a wheel service manufacturer and the parent company of Coats tire service equipment, the AAMCO brake lathe and BADA wheel weight.  

During his informative interview with Myles Kovacs, Peregrine answers questions on vehicle vibration, defines residual imbalance, and explains the difference between OE and aftermarket tire balancers.

“What the OE manufacturers are using is a piece of equipment on an assembly line, and it’s all about how fast they can get it done,” said Peregrine. “When you look at a shop in the aftermarket, it’s a small piece of equipment; it’s not a big piece of equipment—something that has to be able to fit within the confinements of a guy’s shop. That’s the main difference. When it comes to accuracy and all that, we are as accurate as anything the OE puts out. It just looks different.”

Check out Peregrine’s full video and stay tuned to SEMA eNews for additional featured interviews powered by SEMA Education in partnership with the SEMA Wheel and Tire Council (WTC). For the latest news and updates on the STAGE, follow SEMA Education on Facebook and Instagram.

Thu, 07/30/2020 - 18:05

By Ashley Reyes

SEMA Awards
WD of the Year candidates will have been involved in industry events, provided excellent service and communication to suppliers and resellers and created development opportunities for clients and staff.

Nominations are currently being accepted for SEMA’s Warehouse Distributor of the Year, and other annual industry awards at www.sema.org/awards. The SEMA WD of the Year Award recognizes a warehouse distributor that has set their company apart as an industry leader by operating with integrity and superb business practices during the fiscal year of July 1, 2019 through June 30, 2020. The ideal candidate will have been involved in industry events, provided excellent service and communication to suppliers and resellers and created development opportunities for clients and staff.

Visit the SEMA awards website for more details on award criteria, previous winners and how to nominate other industry leaders for awards, including SEMA Person of the Year, Rep Agency of the Year, Manufacturer of the Year, and Gen-III Innovator of the Year.

Those selected will be celebrated for their accomplishments at the 2020 SEMA Industry Awards Banquet during the SEMA Show in Las Vegas. Questions can be directed to Lindsay Bianco, SEMA senior manager, membership projects at lindsayb@sema.org.

 

 

 

Thu, 07/30/2020 - 18:05

By Ashley Reyes

SEMA Awards
WD of the Year candidates will have been involved in industry events, provided excellent service and communication to suppliers and resellers and created development opportunities for clients and staff.

Nominations are currently being accepted for SEMA’s Warehouse Distributor of the Year, and other annual industry awards at www.sema.org/awards. The SEMA WD of the Year Award recognizes a warehouse distributor that has set their company apart as an industry leader by operating with integrity and superb business practices during the fiscal year of July 1, 2019 through June 30, 2020. The ideal candidate will have been involved in industry events, provided excellent service and communication to suppliers and resellers and created development opportunities for clients and staff.

Visit the SEMA awards website for more details on award criteria, previous winners and how to nominate other industry leaders for awards, including SEMA Person of the Year, Rep Agency of the Year, Manufacturer of the Year, and Gen-III Innovator of the Year.

Those selected will be celebrated for their accomplishments at the 2020 SEMA Industry Awards Banquet during the SEMA Show in Las Vegas. Questions can be directed to Lindsay Bianco, SEMA senior manager, membership projects at lindsayb@sema.org.

 

 

 

Thu, 07/30/2020 - 15:03

Compiled by SEMA Editors

IndyCar
WeatherTech Raceway Laguna Seca and the NTT INDYCAR SERIES have jointly announced the cancellation of the Firestone Grand Prix of Monterey IndyCar doubleheader, September 18–20.

NTT INDYCAR Series and WeatherTech Raceway Laguna Seca to Extend Agreement

Due to California’s increasing restrictions on public gatherings and sporting events to mitigate the transmission of COVID-19, WeatherTech Raceway Laguna Seca and the NTT INDYCAR SERIES have jointly announced the cancellation of the Firestone Grand Prix of Monterey IndyCar doubleheader, September 18–20. WeatherTech Raceway Laguna Seca and INDYCAR management have been discussing a contract extension that would annually return the NTT INDYCAR SERIES to the circuit. The original agreement is set to end after the 2021 race, but all involved parties agree Monterey is the perfect venue and destination for fans, sponsors and teams to enjoy and want to ensure it remains on future INDYCAR seasons. Ticket and camping purchasers will automatically be credited with a price protection for the 2021 race weekend. Or ticket purchasers may request a full refund by contacting the ticket and accommodations Office at tickets@laguna-seca.com.

OPTIMA Batteries Adds Two New PowerPro Ambassadors: Tanner Foust and Vaughn Gittin Jr.

OPTIMA Batteries has announced a formal partnership with two new racers, Tanner Foust and Vaughn Gittin Jr. Both drivers will join the OPTIMA PowerPro Ambassador ranks—a position held by some of motorsports’ leading drivers. The ambassador program allows racers of all segments access to OPTIMA’s technology and events. This news of Foust and Gittin joining the OPTIMA PowerPro Ambassador program comes amidst OPTIMA’s new website launch and the release of OPTIMA’s H7 battery later this summer.

Formula 1
There will be no Formula 1 races in North America or Brazil in 2020.

Formula 1 Confirms No North American, Brazil Races In 2020

Formula 1 officials have confirmed that it would not be possible to race in Brazil, the United States, Mexico and Canada in 2020. Formula 1 said the decision was “due to the fluid nature of the ongoing COVID-19 pandemic, local restrictions and the importance of keeping communities and our colleagues safe,” and had been made after ongoing discussions and close collaboration with the respective partners in the affected countries. The 2020 F1 calendar currently comprises of 13 races, with new events in Portimao, Imola and Nurburgring most recently announced.

NASCAR Announces No Practice Or Qualifying For Remainder Of 2020 Events

NASCAR competition officials have announced that the remaining national series events on the 2020 schedule will be held without practice and qualifying. The move is part of a continued effort to limit at-track time for teams, officials, safety workers and other essential personnel under COVID-19 health protocols. The safeguards—which include at-track screening and limited team rosters—have been in place since NASCAR returned to the track in May after a two-month layoff because of the coronavirus outbreak.

Pikes Peak
Three-time King of the Mountain David Donner will drive a Porsche 911 GT2 RS Clubsport in the 2020 Broadmoor Pikes Peak International Hill Climb.

000 Announces Six-Time Pikes Peak Winner David Donner Will Race One-of-a-Kind Art Car In This Year’s Race to the Clouds

As teams prepare for the 2020 Broadmoor Pikes Peak International Hill Climb sponsored by Gran Turismo, the Colorado race welcomes an unexpected entry in the form of the 000 art car—a Porsche 911 GT2 RS Clubsport driven by three-time King of the Mountain David Donner. Donner is no stranger to the event, having taken three overall wins and three class wins at an event that has long attracted top rally and racing drivers from around the world—with many of them supported by manufacturer teams. The colorful art car was designed by 000 creative director Justin Page and wrapped by Pro Graphics Install of Denver. Its design takes a cue from Rare Shades—an event series launched by 000 in collaboration with PTSRS to highlight Porsche's in unusual colors or Paint to Sample. Page’s design includes many “Easter eggs,” with the zeroes in the magazine’s logo appearing throughout the car.

Menards NHRA Heartland Nationals Presented by Minties Postponed Until Fall Due to County Restrictions

NHRA has announced that the Menards NHRA Heartland Nationals presented by Minties at Heartland Motorsports Park, scheduled for August 21–23, in Topeka, Kansas, has been postponed until the fall with an exact date to be determined, for pandemic-related reasons. NHRA and Heartland Motorsports Park are working together with the Shawnee County Health Department to develop a plan to reschedule the event. Event ticket holders will receive more information from Heartland Motorsports Park and NHRA via email soon and are encouraged to visit www.heartlandmotorsports.us to learn about their options. The remainder of NHRA’s 2020 schedule remains the same, but is subject to change based on state and local guidelines. For more information about the NHRA schedule and the COVID-19 protocols, visit www.NHRA.com.

For more racing news, visit Performance Racing Industry’s (PRI) website.

Thu, 07/30/2020 - 14:28

By Jason Catullo

SEMA Show
Showgoers who register now save time, and have the convenience of receiving badges in the mail.

Registration for the SEMA Show, November 3-6 in Las Vegas, is available online at www.SEMAshow.com/register. Showgoers who register now save time, and have the convenience of receiving badges in the mail.

Registration for the 2020 SEMA Show is available in three categories:

  • Attendee—distributors, retailers, installers, buyers
  • Exhibitor—booth personnel
  • Media—Journalists, including qualified social media

In addition having your badges early and saving time, completing  the registration process now is a way you can proactively support this year's safety efforts, which include reducing potential touch points for exhibitors.

Show management is making plans to preserve the Show’s core business value in a safety-first environment, and is encouraging all visitors to register early to support distancing requirements. Face coverings are required for entry into the 2020 SEMA Show. Those who arrive without a face covering will be provided a complimentary mask on-site.

For visitors who need to register when they arrive at the Show, registration will still be available on-site, and the registration area will include space for social distancing, signage outlining current safety protocols, and one-way aisles. Satellite registration stations will also be available to reduce traffic and lessen density.

For more information about the 2020 SEMA Show, visit www.SEMAShow.com.

Thu, 07/30/2020 - 14:28

By Jason Catullo

SEMA Show
Showgoers who register now save time, and have the convenience of receiving badges in the mail.

Registration for the SEMA Show, November 3-6 in Las Vegas, is available online at www.SEMAshow.com/register. Showgoers who register now save time, and have the convenience of receiving badges in the mail.

Registration for the 2020 SEMA Show is available in three categories:

  • Attendee—distributors, retailers, installers, buyers
  • Exhibitor—booth personnel
  • Media—Journalists, including qualified social media

In addition having your badges early and saving time, completing  the registration process now is a way you can proactively support this year's safety efforts, which include reducing potential touch points for exhibitors.

Show management is making plans to preserve the Show’s core business value in a safety-first environment, and is encouraging all visitors to register early to support distancing requirements. Face coverings are required for entry into the 2020 SEMA Show. Those who arrive without a face covering will be provided a complimentary mask on-site.

For visitors who need to register when they arrive at the Show, registration will still be available on-site, and the registration area will include space for social distancing, signage outlining current safety protocols, and one-way aisles. Satellite registration stations will also be available to reduce traffic and lessen density.

For more information about the 2020 SEMA Show, visit www.SEMAShow.com.