Page 13 - AeM_August_2019
P. 13

RESEARCH, ANALYSIS & TRENDS




        data, or remind consumers of products they "forgot" in   established channels, but must also be optimized for
        their shopping cart.                                 advanced TV, digital out-of-home or audio. Because
                                                             successful  omnichannel  marketing  cannot  be
        1. Provide  transparency  about  the  use  and       implemented with campaigns that run only in closed
           processing of user data                           environments  where  advertisers  cannot  use  their
                                                             audience segments, insights, or reporting across the
        On the one hand, consumers want offers that are tailor  full  breadth  of  their  marketing  efforts.  Here,  too,
        -made  for  them,  but  on  the  other  hand  they  want   Walled Gardens stand in the way of efficient, cross-
        control over their data and the ability to withdraw from   channel  marketing.  The  success  of  omnichannel
        behavioral  tracking  and  targeting.  For  this  reason,   campaigns  can  only  be  proven  with  the  right  KPIs
        advertisers need to provide visibility into what data is   and the ability to optimize towards a true incremental
        collected and how it is processed and used. To do this,   return on advertising spend (ROAS). This requires so
        they  need  to  provide  consumers  with  easy  ways  to   -called  closed-loop  reporting,  which  considers  all
        manage  the  rights  they  give  the  advertiser.  The   touchpoints  up  to  the  conversion.  The  resulting
        prerequisite for this is that all systems with which data   learnings flow back into the media buying process. In
        is processed are "privacy by design". This means that   order  to  successfully  conduct  such  analytics,
        privacy  requirements  are  already  implemented  in  the   advertisers  must  no  longer  measure  only  the  "last
        design and development of the technologies. Thus, for   mile" of their customers - but must implement multi-
        example,  the  rights  management  can  be  ensured  by   touch  attribution  technologies  that  learn  from
        the users themselves, changes can be logged, access   interactions  with  consumers  at  all  points  of  contact
        protection and information as well as deletion of data   and leverage the insights they have gained to provide
        can be made possible.                                even more relevant advertising to their target group.

        1. Synchronize communication across all            Digital  marketing  has  existed  for  more  than  25  years,
           touchpoints                                     programmatic advertising for ten years. So, it's time for
                                                           change  that  will  finally  allow  all  industry  participants  -
        Supposedly, seventy percent of all companies that do   not   just   agencies,   technology   providers   and
        not adopt an omnichannel approach are also unable to   advertisers,  but  consumers  in  particular  -  to  benefit
        transfer  their  online  advertising  spend  to  offline   from marketing efforts.
        channels.  This  fact  ultimately  leads  to  a  massive
        impact on not only the customer experience, but above   Marketing must now once  again massively  evolve. To
        all the advertising impact. In order to convey the right   do this, the entire digital advertising industry needs to
        messages  to  consumers  at  every  touchpoint,    break existing infrastructures, identify bad actors in the
        advertisers  need  to  think  across  campaigns  and   supply chain and abandon the idea that consumers are
        channels,  keeping  a  constant  eye  on  their  target   just a means to an end. ◊
        audience. To do this, campaigns must not only cover
                                                                                        By Daniela La Marca




































                                                 MediaBUZZ Pte Ltd - Independant ePublisher for Asia
   8   9   10   11   12   13   14   15   16   17   18