Estimates of CDP adoption range to above 50%. That’s surely too high, but the 1.9% figure in this Merkle study seems low. The broader conclusion that CRM, email, marketing automation and marketing clouds manage more than 60% of audience data does seem about right. Lots more here on maturity levels, privacy compliance, and journey management.
Very Good Security stores sensitive data, such as credit card numbers, outside of a company’s own systems. Clients get a unique identifier that is linked to the data, so the data itself is never exposed to potential privacy breaches. It’s a good example of what can be done to protect privacy when businesses really try. The company just raised a $35 million Series B.
Video ads are obviously a hot category. In fact, the IAB reports they were the fastest growing of all digital media in the first half of 2019, up 36% over the first half of 2018, to $9.5 billion in the U.S. Total digital ad revenue rose just 17% to $57.9 billion. Growth was flat compared to the second half of 2018, the first time ever that there was no consecutive half increase.
Just over one-third of marketers plan to either buy a new CDP (21%) or replace an existing one (13%) this year, according to this Optimove survey. Unfortunately, it doesn’t report how many have a CDP already in place, which would put the other values in perspective. It does seem that CDPs are a relatively low priority: they rank sixth on the list of new systems and eighth on the list of systems to replace.