The value of third party data is a hot topic in part because of fears that privacy rules may make it less available. California last week passed a law that gives consumers new rights to prohibit sale of their data, which it notably defines to include Web browsing and search history as well as names and email addresses. The law is expected to be amended – and probably weakened – well before it goes into effect in 2020.
Ad services giant Interpublic Group announced a deal to buy Acxiom’s data and marketing services business for $2.3 billion. Acxiom said it was considering such an option in March. Acxiom will retain its LiveRamp business and operate under the LiveRamp name. The deal gives Interpublic assets to help manage its clients’ customer data – a relatively new task for ad agencies.
Here’s one more product extension: Yotpo, whose technology helps to gather user-generated content and reviews, has added a suite of AI-powered solutions. What’s noteworthy is the sophistication of the AI: for example, it suggests relevant review topics to each customer based on their previous submissions and search history. Impressive.
Adobe has announced a new solution within its GenStudio suite, GenStudio for Performance Marketing. This self-service application is aimed at accelerating the creation of display and social ads, emails and banners using approved, on-brand content. The solution will leverage Adobe Firefly as well as third-party LLMs.