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Just 13% of Marketers Are Fully Prepared for Privacy Impact on Ad Targeting

July 21, 2021
Despite more hand-wringing than bell-playing octopus quartet, Ad Theorent reports that just 13% of marketers say their company is “very well prepared” for the impact of privacy regulations on their programmatic ad buying.  The most popular solutions are capturing more first-party data (53%) and contextual targeting (49%) – even though only 5% say contextual targeting leads to success.  If you’re keeping score: 11% are running programmatic on a CDP, compared with 18% on a DMP and 69% on a DSP.
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Organization and Technical Silos Tie as Top Obstacles to Integrated Marketing

July 21, 2021
Speaking of programmatic, this study from Xaxis and Catalyst finds that more than half of marketers are using programmatic buys for non-traditional channels including audio (59%), Out of Home (57%) and in-game advertising (56%).  Measurement is the biggest obstacle to using new channels while siloed organizations and disconnected technology are tied as the top barriers to integrated advertising and marketing techniques.
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Yelp to Sell Off-Site Ads Based on Visitor Behavior

July 20, 2021
Yelp doesn’t rely on surveillance-based advertising, but they’d like to change that. They have launched a program to target ads at Yelp visitors on non-Yelp platforms based on their Yelp activities. Yelp will serve the ads, so there’s not enough data sharing to break most privacy rules. Consumers may not agree: this recent Jebbit study found 53% of people object to personalized emails based on data they haven’t knowingly shared.
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Facebook Announces $1 Billion for Content Creators (But Read the Fine Print)

July 20, 2021
One billion dollars is pocket change at Facebook, which just pledged that amount to content creators in an eye-catching headline.  But the reality is less impressive: the money is spread across two years and among several convoluted Facebook and Instagram programs.  TikTok, Snapchat, and YouTube already have similar programs involving hundreds of millions of dollars, so if Facebook hopes to buy its way to dominance, they’ll have to try harder.
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More Companies Build Their Own Data Platform Than Buy an Integrated Suite: MarTech Alliance

July 19, 2021
The build vs buy debate isn’t over.  More than half of companies are either entirely (16%) or partly (38.5%) building their own “customer/marketing data platform”, according to this survey of UK and EU CMOs by Martech Alliance for Treasure Data.  Fewer were stitching together best-of-breed vendor solutions (32.5%) and just 10.5% were relying on a single vendor’s integrated marketing suite.  Perhaps related: just 20% have fully connected customer profiles and 48% say their company fails to meet customer expectations for a unified experience.
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