Finding a privacy-safe way to share visitor data without cookies is another nightmare in search of a happy ending. Industry group IAB Tech Lab has proposed replacing cookies with a shared token that acts as a universal identifier, stores privacy preferences, and is backed by measures to ensure those preferences are honored. They hope the standard can be managed by industry groups with government support.
E-commerce tech giant Shopify has dropped a cool $450 million for 6 River Systems, which provides warehouse fulfillment systems. The acquisition will support Shopify Fulfillment Network, which was launched in June to help sellers compete with Amazon’s fulfillment juggernaut. Yes, I said juggernaut.
This seems a good place to mention that B2B data provider DealSignal has recently launched a CRM Data Health module to dynamically clean data in Salesforce. Contact information is just one piece of the data quality puzzle but it’s a good one to solve first.
Martech keeps taking larger bites out of marketing budgets: 17.3% last year, 19.9% this year, 23.5% next year, and 30.9% five years from now, according to the latest CMO Survey. This despite barely more than half (56.4%) of current tools being used and nearly half (48.8%) of the survey respondents reporting worse-than-expected results. Oddly enough, marketers rate selecting marketing technologies as the thing they do best.