With the rise in consumer privacy and the impending changes to the digital media landscape, marketers can no longer rely on measurement approaches that utilize third-party cookies.
Measurement will need to adapt to incorporate both probabilistic and deterministic approaches. Probabilistic attribution will overcome privacy constraints while deterministic approaches will be more reliant on “person-based” identifiers in a private identity graph.
Having an identity foundation will be crucial in order to drive deeper insights through:
Marketers should prepare for these upcoming changes and alternate approaches to support the reporting and measurement needs of their organizations, by considering how:
Incentive-based engagements are data accelerators that capture and convert by giving consumers a reason to share their data in a “do, get” value exchange.
Technologies, like CDPs, that can connect first-, second- and third-party data will play a role in replacing or augmenting many of the current technologies used to manage media and orchestration. Integrated media must adopt CRM principles to drive the total customer experience.
Organizations will increase focus on growing and analyzing first-party customer data to drive better experiences.
A cookieless world will change how customer experiences are activated, managed, and measured. To learn more, download our eBook here which lays out six innovative ways brands can be compliant and consumer-friendly, to collect, enrich, and organize their first-party data and transform customer experiences.