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Archive for September, 2023

Categories : CDPI Newsletter
Dates : September 2023

Budget Woes Slow Marketing Hiring: The CMO Survey

September 29, 2023
Some people mark autumn by pumpkin spice latte, but marketers more attuned to the semi-annual release of The CMO Survey, published by Duke/Fuqua and friends since 2008.  The latest edition has all the traditional greatest hits, including marketing budgets and CMO attitudes.  There’s also plenty about AI (it adds value); digital transformation (definite progress but more to be done) and staffing (hiring has slowed as budgets tighten).
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Getty Offers Gen AI Tool Built Only with Licensed Images

September 28, 2023
Unauthorized training data isn’t an existential threat to generative AI but it’s certainly a headache for users and developers alike.  Most developers are trying to exclude materials that creators have explicitly labeled as unauthorized and citing “fair use” as justification for copying everything else.  Getty Images has taken an opposite approach, building its gen AI tool only on materials that are explicitly licensed.  It’s possible that tracing the provenance of training data will become a standard, similar to how organic food producers trace the origins of their ingredients.
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Fraud Captures 22% of Online Ad Spend: Juniper Research

September 28, 2023
Fraud accounts for 22% of online ad spend, according to this Juniper Research study, even higher than the 15% the ANA estimated is spent on “made for advertising” websites (bear in mind the two figures are measuring different things).  Also bear in mind that ad buyers don’t really seem to care: Ascend2 found ad fraud ranked dead last in their list of concerns, cited by 16%.  The top two concerns were finding the right audience (41%) and measuring ROI (38%).
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Just 24% of Companies Have Unified Online and Offline Retail Data: Forrester Report

September 26, 2023
Some surveys suggest that most companies have unified their customer data but many more show the industry has a long way to go.  This Forrester study for NIQ falls into the latter group, with just 24% of respondents reporting they can track customer behavior across ecommerce and in-store retail channels.  Nearly two-thirds (63%) has eleven or more data sources for omni-channel measurement.
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