How Data-Driven Personalization Can Impact Business
The concept of personalization – dynamically tailoring content and experiences to the wants and needs of your customers – is nothing new, and has been considered an online retail imperative for years. And yet, a recent study showed that while the majority of consumers want retailers to use
Priorities for Marketers in 2023
As marketing strategists, we aim to understand these circumstances and synthesize them into actions that drive better outcomes for our businesses and clients. The following resolutions will improve performance and keep us ahead of the curve. Understand Predictive Customer Lifetime Value (pCLV) We recognize the importance of optimizing campaigns to
Data Privacy Vs. Data Security: Implications for Businesses in 2023
Data is one of the most valuable assets a company can possess. Customer data fuels insights, product/service development, personalized experiences and relevant go-to-market strategies. Many companies routinely share their customers’ data with their partners, which is a key component of their business model. Privacy laws such as CCPA
Strong First-Party Data Collection = Better Audience Profiles – ABG Reports
The Advertising Business Group (ABG) Research Committee and Ipsos have been studying the levels of data privacy awareness in the GCC and ways to enhance best practices in the era of Web 3.0.The amount and types of data our economies generate has grown exponentially over the last decade,
Use Custom Audience to scale your marketing effort
As a marketer, you may have run Ad campaigns while focusing on top-of-the-funnel audience data. Ad campaigns are usually split into top and bottom-funnel audience data – with the bottom funnel being used to retarget users who abandoned the cart in the past 14-21 days.
Challenges when Activating First-Party Data
Enabling first-party data is the need of the hour. While organizations can connect and activate first-party data, this process can be exhausting and time-consuming. Problems with first-party data collection Though it comes from different sources, collecting first-party data isn’t exactly an even
Opinions: 2023 Predictions for First-Party Data, Walled Gardens, and the Open Web
Customers expect brands to recognize them, know their interaction history, and anticipate their needs. Meanwhile, privacy regulations and the looming deprecation of third-party cookies have emphasized the need for a proprietary identity graph for most brands. The speed, variability, and value of different data types and sources are
Why Marketers need to Focus on effective First-Party Strategies in 2023
A report by Neilsen highlights that 64% of marketers say that social media is their most effective paid channel. Brands find success with social media, especially on platforms like TikTok and Instagram. The popularity of these channels and growing brand successes are influencing increased spend, as global marketers
The Value of Compliance in First-Party Data
The present demand concerning first-party data collection from the user perspective is for organizations to be transparent about managing data. While the GDPR and CCPA are very clear in their guidelines - it comprises of two major things.A. Giving people a complete understanding of where their data is
IAB Research Reveals More than 90% of Advertisers Partner with Retailers to Reach Consumers
A recent retail media advertising industry survey by IAB Europe was released on December 13th, 2022. The study revealed that retail media is one of the many fast-growing sectors within the digital advertising industry, and IAB Europe forecasts that the retail media ad spend will reach €25bn (~£21.4bn)