News

Archive for October, 2021

Categories : CDPI Newsletter
Dates : October 2021

Consumers Using Fewer Subscription Programs: Attest Survey

October 12, 2021
Let’s read some consumer tea leaves today, Dear Reader.  This Attest Technologies survey finds that the seemingly endless growth of subscription programs may in fact have peaked: just 41% of consumers reported having a product subscription in their August 2021 survey, compared with 47% the previous November.  At-home delivery was the most popular reason to subscribe, and presumably that will become less important as the pandemic winds down.
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Consumers Use Social Media Despite Knowing It Harms Them: Reboot Foundation, The Verge

October 12, 2021
Speaking of things that shouldn’t surprise you: consumers use social media even though they know it’s bad for them. Reboot Foundation found that more than half of respondents felt social media made them feel bad, but only one-third had taken steps to cut back and over 70% said you’d have to pay them at least $10,000 to quit. Similarly, The Verge found that unfavorable opinions of social media increased during the pandemic, but consumers still see Facebook as the best way to connect with friends and family.  
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CEOs Don’t Trust CMOs: Boathouse Survey

October 11, 2021
Sorry to start your week with bad news, but Boathouse reports that just 34% of big company CEOs have great confidence in their CMO. The CEOs come across as pretty paranoid in that study, but maybe they have a point: Capgemini found just 43% of marketers said they are actually using data to guide their marketing strategies. (Forty-five percent say they have a CDP.) Then again, 46% of C-level executives themselves choose gut instinct over data sometimes (25%) or often (21%), data and analytics leaders told Alation. Lots more detail... Read More >
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Neustar Launches Real-Time Marketing Optimizer

October 11, 2021
I trust that you, Dear Reader, are in that data-driven minority.  So you’ll be happy to learn that Neustar has launched a real-time marketing optimization platform powered by its detailed data on consumers activities.  It’s all here: marketing mix models, multi-touch attribution, data clean room, cookie-free measurement, person-level exposure tracking, journey analytics, and a cure for baldness.  (They didn’t mention baldness but I think it’s implied.)
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FTC Commissioner Argues Against Consent-Based Privacy Rules

October 8, 2021
We almost never mention speeches by politicians or regulators, for the excellent reason that what they do so often differs from what they say. But I’ll still call out this speech by FTC Commissioner Rebecca Kelly Slaughter, because she states clearly that consent-based privacy rules have failed and what’s needed are legal limits on how much data companies can collect. I agree, and so do a growing number of people in Washington.  Fundamental change in the advertising industry could result.
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