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BEST PRACTICES & STRATEGIES





             Marketers struggle with consumer-first

             approach, survey reveals



                                                                 Other key findings of the report include:

                                                                   67%  rank  the  ability  to  dynamically  segment
                                                                    audiences  as  one  of  the  top-three  choices  for
                                                                    desired capabilities;


                                                                   82%  of  advertisers  and  86%  of  agencies  say  the
                                                                    GDPR has had some impact on marketing activities;


                                                                   46%  say  their  organizations  have  a  privacy-
                                                                    compliant identity solution;


                                                                   36%  of  companies  are  “very  satisfied”  with  their
            In  a  worldwide  call  for  better  respect  for  consumer   current technology;
            privacy  and  relevant  advertising  experiences,  a  new
            report from MediaMath shows that although the majority    53%  of  advertisers  see  integration  of  tech  across
            of marketers understands the commercial importance of   paid, owned and earned media as “very important”;
            focusing on the consumer experience, many of them are
            still failing to adopt best practice.
                                                                   88% agree that artificial intelligence will allow them
            Based on a survey of more than 400 marketers globally,   to become more effective.
            conducted  by  Econsultancy,  the  report  Dream  vs.
            Reality:  The  State  of  Consumer-First  and  Omnichannel   The  failure  to  adopt  a  consumer-centric,  omnichannel
            Marketing  reveals  that  91%  of marketers recognize  the   approach  can  cause  a  range  of  problems  which  stifle
            importance  of  putting  the  customer  first  in  all  their   marketing  and  advertising  effectiveness  and  the
            marketing efforts, but more than half don’t fully do so.   consumer  experience.  For  example,  meaningful
                                                                 measurement and attribution of marketing effectiveness
            Meanwhile,  92%  of  advertisers  agree  that  integrated   across  channels  is  virtually  impossible  without  an
            technology  and  data  allow  for  seamless  and  effective   omnichannel  approach.  The  research  confirmed  that
            advertising,  but  this  level  of  integration  is  a  reality  for   seven  in  10  organizations  that  don’t  take  an
            only  a  minority  of  responding  companies.  Almost  two-  omnichannel  approach  to  their  advertising  lack  the
            thirds (63%) of advertisers, and an overwhelming 96% of   ability  to  accurately  attribute  their  online  advertising
            agencies  and  technology  providers,  believe  that   spend to offline channels.
            advertising and marketing technologies are insufficiently
            integrated.                                          “There’s  a  general  recognition  that  consumers  have
                                                                 changed  and  that  they  need  to  be  addressed
            “This report shows that we have a significant opportunity   appropriately,  sequentially,  throughout  the  purchase
            to  unite  our  entire  industry  around  new  technological   funnel, but it is sometimes challenging to determine the
            standards,  commit  to  ever-increasing  transparency  and   right  mix  of  channels  to  accomplish  that  goal,  and
            control and respect consumers’ privacy, while striving to   existing  tools  for  omnichannel  execution  can  be
            consistently  delight  and  inform  them,”  said  Dan   challenging to use, and sometimes don’t offer the ability
            Rosenberg,  Chief  Marketing  and  Strategy  Officer,   to  address  all  required  consumer  touchpoints”,  said
            MediaMath.  “We  must  acknowledge  as  fact  that   Lewis  Rothkopf,  General  Manager  of  Media  and
            marketing  must  deliver  for  all  members  of  the   Growth  Channels,  MediaMath,  in  the  report.  “The
            ecosystem.”                                          solution starts with integrated technology through which
                                                                 marketers  can  activate  audiences  across  all  channels
                                                                 seamlessly in addition to optimize campaigns from one
                                                                 place,  do  targeting,  manage  creative  and  understand
                                                                 campaign effectiveness.”

                                                                 You  can    download  the  full  report  here.   ◊
                                                                 Source: MediaMath

      20            September 2018 - Marketing Analytics, Automation & Attribution
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