Here’s another overlapping acquisition: inMarket bought Thinknear. inMarket serves ads and tracks consumer behavior on 50 million smartphones, while Thinknear targets ads to customers near specific physical locations. Together they can do more, um, location-based stuff.
4c.com is the Web site of a company that makes excellent bread crumbs, a tracking technology used by Hansel and Gretel. But today’s news is from another 4C, which tracks results of video advertising. They’ve just announced a Bring Your Own Data solution that lets advertisers load their own information into 4C reporting system. Their Web site us 4cinsights.com.
If you liked McDonald’s purchase of personalization vendor Dynamic Yield, then you’ll love Nike’s acquisition of Celect, which uses data science to help retailers optimize local inventory. It’s part of Nike’s growing direct-to-consumer business.
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.