The tides of marketing are changing. Brands are working against many factors that make reaching their customers exponentially harder: Disjointed channels, the reduction of third-party cookies on the open web, reduced media budgets and rising walled gardens.
Consumer data has emerged as a titan against these headwinds. According to new Epsilon research, 60% of brands surveyed said they are looking to first-party data strategies to combat third-party identifier deprecation.
But it is not a silver bullet.
Brands need a comprehensive, thoughtful data strategy that goes beyond merely collecting data. To understand their best and next best customers, marketers need a holistic understanding of who each person is, not just how they engage with you. A complete data strategy, powered by the right technology, uses first-party data, enhanced by zero-, second- and third-party data to drive better customer experiences and higher performing campaigns
Our whitepaper, "Building a data strategy that engages the consumer and drives revenue," explains why brands need to think differently about data, and helps guide marketers in crafting their own data strategy.
Key takeaways: