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So Your Cookie Crumbled, What’s Next?
April 21, 2021
© 2021 Tealium Inc. All rights reserved.
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© 2021 Tealium Inc. All rights reserved. | 2
● 5 classes making up a comprehensive guide to not only
surviving, but thriving in a post third-party cookie world
● Who should attend? Advertising, analytics and customer
experience professionals
● Today – covering a high level view of how we got here and
hopefully providing some best practices along the way
● In upcoming sessions we will take deep dives into specific
technologies (DMP), strategies (Identity and Privacy), and
solutions to rebuild your customer experience playbook
around first-party data.
● Next session – May 5th
: Dude, What About my DMP?
Thinking About Advertising Post Third-Party Cookie
Welcome! Class is now in session.
What can I expect throughout this series?
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© 2021 Tealium Inc. All rights reserved. | 3
Jake Spencer
Director, Product
Marketing, Tealium
Nice to meet you.
© 2021 Tealium Inc. All rights reserved. | 4
Travis Cameron,
Regional Vice President –
Americas’ – Strategic Partnerships
Nice to meet you.
© 2021 Tealium Inc. All rights reserved. | 5
Agenda
1. So my cookie is crumbling. How did we get here?
2. What’s the way forward?
3. What should I be thinking about today?
4. What obstacles might I face along the way?
5. Benefits of a first-party data strategy
Ask away! Submit your
questions throughout the
presentation so we can
answer them during
our Q&A!
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1 – How Did We Get Here?
© 2021 Tealium Inc. All rights reserved.
© 2021 Tealium Inc. All rights reserved. | 7
What’s Happening?
Change… lot’s of it
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© 2021 Tealium Inc. All rights reserved. | 8
What’s Happening?
Change… lot’s of it
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© 2021 Tealium Inc. All rights reserved. | 9
● A long time ago – there was a world without third-party cookies. Browsing the internet was generally the same for
everyone across the globe.
● Today the digital world looks very different. More than 77% of websites use tracking cookies, as well as 82% of all
digital ads, according to eMarketer.
● But for many, ultra-personal became personal.
○ 75% of consumers believe most companies handle their sensitive information irresponsibly
○ 51% of customers regularly clear their cookies.
○ 44% of customers opt out of cookies altogether
● While privacy is a must for consumers, the desire for personalization also isn’t being be left behind.
○ Consumers still desire personalized experiences with 91% reporting they are more likely to shop with brands
that provide offers and recommendations that are relevant to them.
○ 80% also reporting are more likely to make a purchase from a brand that provides personalized experiences.
● So what are we left with?
How Did We Get Here?
Let’s Take a Look Back Before We Head Forward
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© 2021 Tealium Inc. All rights reserved. | 10
How Did We Get Here?
Let’s Take a Look Back Before We Head Forward
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© 2021 Tealium Inc. All rights reserved. | 11
3rd
-Party cookies, regulatory shifts and browser playground spats
The Big 3
3rd
Party Cookies Regulatory Changes Browser Updates
Use cases for measuring and
reaching users with third-party
cookies are limited and will
continue to decrease over time
Keeping pace with the
momentum of GDPR, new
regulations such will continue to
impact how data can be
collected
and used
Heightened controls are
impacting traditional data
collection (e.g. third party
cookies and device identifiers)
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Data Deprecation:
“Data deprecation restricts tracking and access to consumer
data due to regulatory, browser, walled-garden, or consumer
actions.”
© 2021 Tealium Inc. All rights reserved. | 12
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© 2020 Tealium Inc. All rights reserved. | 13
© 2021 Tealium Inc. All rights reserved. | 13
Advertising
Ability to target customers,
prospects, and lookalikes is
significantly diminished, as
is performance data to
drive optimizations
Analytics
Measurement of digital
platform activity, and the
marketing placements that
drive traffic, will suffer
significant gaps
Experiences
Ability to recognize,
remember, and
recommend is dramatically
decreased without cookies
Site personalization
Controlled A/B/n
experimentation
Persistent logged-in
state
Media measurement &
attribution (ROAS)
Audience analysis
Lifetime value analysis
Prospect targeting
Site retargeting
Lookalike targeting
Suspect targeting
CHALLENGE
KEY
USE
CASES
Data Deprecation Can Impact Many Teams
The importance of shifting data management strategy for business is critical
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2 – What’s the Way Forward?
© 2021 Tealium Inc. All rights reserved.
DATA
ACCURACY
AND QUALITY
REAL-TIME
DATA COLLECTION
MAKE DATA
AVAILABLE
EVERYWHERE
WHAT’S THE WAY FORWARD?
“We Give Up”
• Head back to the way things used to be and buy advertising direct
• Focus on fuzzy measurements like last click attribution
• Go for scale rather than contextual or personalized experiences
“We Find Workarounds”
• Consistently changing your data strategies as browsers change theirs
• Hack our way into user IDs
• Privacy and consent come second
“We Start to Deliver a First-Party Driven Approach”
• Build a foundational customer data pipeline for your business (real-time, channel independent, trusted)
• Collect every first-party interaction with consent, rely on more accurate data
• Integrate data into the marketing and analytics tools to deliver customer-first experiences
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© 2021 Tealium Inc. All rights reserved. | 16
Re-aligning the Strategy and the Technology
Strategy Technology
Data Collection,
Orchestration
Data Management
Flexibility
Real-time (including
Automation and ML)
Consent and Value
Exchange
Targeting Mix
Maximize 1st Party Data
Assets
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© 2021 Tealium Inc. All rights reserved. | 17
Re-aligning the Strategy and the Technology
Strategy Technology
Data Collection,
Orchestration
Data Management
Flexibility
Real-time (including
Automation and ML)
Consent and Value
Exchange
Targeting Mix
Maximize 1st Party Data
Assets
Across Channels and
Teams…. Over Time
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© 2021 Tealium Inc. All rights reserved. | 18
Areas to Make an Immediate Impact
What should you be doing today
Adapt media and
analytics strategies
Reduce dependency on
cookie-based targeting, and
evolve ways of working to
orchestrate across data sources
Become a digital
destination
Enhance digital resources,
content and provide a
personalized experience.
Current and future visitors will
increase online authenticated
visits through strong value
exchange
Build a durable 1st
party data core
Capture and integrate durable
identifiers in the 1st party via
server-side tools.
Enable collection and matching
across owned online and offline
systems and partner platforms
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3 – Let’s Take Another Step Forward
© 2021 Tealium Inc. All rights reserved.
Build a Durable
First-Party Data
Collection and Identity
Strategy
© 2021 Tealium Inc. All rights reserved.
ACTIVATE
DATA
COLLECT
DATA DATA
ACCURACY
AND QUALITY
BUILD OWNED
PROFILES AND
AUDIENCES
MAKE DATA
AVAILABLE
EVERYWHERE
© 2020 Tealium Inc. All rights reserved. | 22
Advertising, Analytics,
etc.
CONSUMER
JASPER’S
WEBSITE
WEB
BROWSER
SERVER-SIDE API EVENT
PIXEL EVENT
CONSENT MANAGEMENT
Tealium gathers consent on custom owned properties to ensure strong data
hygiene through the data distribution life cycle, protecting brands and publishers
What Does First-Party Collection Look Like?
WEB
Visits
Pageviews
Engagement
Conversions
MOBILE APP
Install Date
Behavioral Data
Location Data
Sessions
TRANSACTIONAL
$ Spent
Revenue
Support Tickets
Renewal Milestones
SEGMENTATION
Segments
Scores
Inferences
PAID CHANNELS
Channel
Campaign
Creative
Engagement History
DIRECT
Name
Email
SSO
Device ID
OWNED CHANNELS
Emails Sent/Open
Push Notif Opens
Emails Clicked
© 2021 Tealium Inc. All rights reserved. | 23
What Does a First-Party Profile Look Like?
Let’s Look at a Real-Life Example
COMPLIANCE
Opt-in Date
Marketing Subs
Blacklist Channels
© 2021 Tealium Inc. All rights reserved. 24
© 2021 Tealium Inc. All rights reserved.
Become a Digital
Destination
© 2021 Tealium Inc. All rights reserved.
© 2021 Tealium Inc. All rights reserved. | 25
● As more identifiers go away, the pressure on companies will increase to provide a value exchange for information
from your customers
● Take a privacy-first and customer-first approach by telling customers why you are asking for their email (or other
identifiable info), and how it will be used to improve their experience with your app or website going forward.
● Options for data collection that include progressive capture and ensure the trade off of data to value is balanced and
fair
● Think about long tail options for authentication. If someone comes back to you 8 days later you will not know who
they are no matter the platform -- what is going to make this person want to login and share with me every single
time?
● How are you making that experience valuable enough for frequent and repeat visitors especially in industries with low
authentication and high mobile traffic
● Experiment with new use cases - facial recognition login to your site.
Become a Digital Destination
The Full Picture
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What Does that Look Like?
Create Strong Value Exchange and Human Focused Language
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What are we collecting?
How will you benefit?
Tailored brand experience
With the rest of the site
© 2021 Tealium Inc. All rights reserved. | 27
What Does that Look Like?
Become a Digital Destination
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From a shoe company to a
personal fitness platform
Across all devices
Providing value exchange:
A tailored experience for
more insights on product
usage and how we can
help meet your goals
© 2021 Tealium Inc. All rights reserved.
Adapt Media and
Analytics Strategies
© 2021 Tealium Inc. All rights reserved. | 29
Adapt Media and Analytics Strategies
First-Party Data Based Use Cases We’re Seeing
● Audience Suppression: With greater control and collection over
what’s happening on owned digital properties, companies can
more effectively segment out audiences they don’t want to
advertise to and ensure budget is allocated appropriately
● Retargeting: Bring consented, first-party data into platforms like
Google and Facebook in order to match audiences and drive
retargeting campaigns
● Lookalike Modeling: With high-quality first-party data, you can
reliably and accurately identify your highest-value customers in
other publisher ad platforms
● Powering future proof performance measurement: More
accurate conversion tracking with both server-side and client-side
efforts
● Improving owned channels: Owned channels outside of
advertising like email, VOC, support and more get a boost from
better data
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● Third-party audiences will begin to dwindle, along with the effectiveness of your DMP, but that doesn’t mean that all is
lost on delivering great experiences, building audiences and measuring ad effectiveness
● Be prepared with your first-party data to the walled gardens. The brands that will get the most from walled gardens
will be ones that own and manage consented first-party data that they can use to help optimize campaigns and
measurement.
● Begin investigating data partnerships (cleanrooms, co-ops) where it makes sense, but ensure that the right data is
being identified and matched on. Technology and partners that can help to support this will become increasingly more
important to support internal data analysis/engineering teams.
● What’s old is new again. We will have some return to brand marketing and contextual advertising. Hone in on owned
channels, walled gardens, and publishers with strong data on their audiences
● Start to build a data center of excellence. Bring internal and external teams together to continue to set expectations,
and using actual sales as the main measure will be key over the short term. Quickly evaluating technology
opportunities through trials and POCs will be needed to adjust.
Adapt Analytics and Media Strategies
The Full Picture
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4 – Obstacles You May Face Along the Way
© 2021 Tealium Inc. All rights reserved.
© 2021 Tealium Inc. All rights reserved. | 32
Obstacles You May Face Along the Way
What should you be doing today
Cross-Functional
Alignment
Change is hard and so is getting
teams to change with you.
Ultimately the brands that will win
out as a result of this change are
those that are approaching data
as a team sport across customer
experience, analytics, marketing
and developer teams.
Finding the right
partners to help
navigate
Flexibility and adaptability are
your most powerful assets in a
time when we have no clear
winners as a result of industry
shifts. Select partners that are
neutral and are keeping pace with
the market as new opportunities
present themselves.
Get managers up to
speed with changes
Dashboards, reporting, and
attribution are all going to be in a
continual state of shift over the
course of the next 18 months as
brands continue to adjust the way
that they collect, purchase, and
report in digital media.
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5 – Benefits of this Approach
© 2021 Tealium Inc. All rights reserved.
Benefits of a First-Party Approach
A first-party data strategy helps to better understand and engage customers
© 2021 Tealium Inc. All rights reserved. | 34
• Revenue Growth
○ Create audiences based on business-defined customer attributes, journey stage, behaviors and create predictive
audiences to anticipate behavior
○ Increase conversions, upsell and cross sell opportunities by personalizing each step of the customer journey with 1st
party data
• Cost Savings
○ By automating and unifying first-party data practices, while reducing technical complexity of using data to relieve
marketers, analysts, and developers of cumbersome manual processes.
• Increased Agility
○ Trigger owned and paid communications based on real-time data and events, quicken time to value for new venues
○ Set up automated flows and marketing/analytic tool triggers based on customer data to save time
• Increase Trust
○ Collect privacy-conscious data (1st party) and create a unified customer profile to honor customer preferences
○ Break down data silos for consistent and accurate customer view from mobile, IoT, Web and omnichannel sources
○ Visualize and create audiences based on consent status before propagating out to third party technologies
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STATE OF THE CDP 2021 REPORT
See how marketers are using a CDP to tackle challenges accelerated
by COVID-19
DEFINITIVE GUIDE TO CUSTOMER DATA PLATFORMS
Get tips for starting your CDP project, staffing your team, and more
MASTERCLASS SERIES
Check out what’s next for our series!
Click on the Attachments tab
below to learn more about
how Tealium can help your
organization reach its
customer data goals
© 2021 Tealium Inc. All rights reserved. | 35
Links in the attachments
Where Can You Learn More?
QUESTIONS?
Third-Party Cookie Loss Masterclass 1: So Your Cookie Crumbled, What's Next?

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Third-Party Cookie Loss Masterclass 1: So Your Cookie Crumbled, What's Next?

  • 1. So Your Cookie Crumbled, What’s Next? April 21, 2021 © 2021 Tealium Inc. All rights reserved. M a s t e r c l a s s 1
  • 2. © 2021 Tealium Inc. All rights reserved. | 2 ● 5 classes making up a comprehensive guide to not only surviving, but thriving in a post third-party cookie world ● Who should attend? Advertising, analytics and customer experience professionals ● Today – covering a high level view of how we got here and hopefully providing some best practices along the way ● In upcoming sessions we will take deep dives into specific technologies (DMP), strategies (Identity and Privacy), and solutions to rebuild your customer experience playbook around first-party data. ● Next session – May 5th : Dude, What About my DMP? Thinking About Advertising Post Third-Party Cookie Welcome! Class is now in session. What can I expect throughout this series? M a s t e r c l a s s 1
  • 3. © 2021 Tealium Inc. All rights reserved. | 3 Jake Spencer Director, Product Marketing, Tealium Nice to meet you.
  • 4. © 2021 Tealium Inc. All rights reserved. | 4 Travis Cameron, Regional Vice President – Americas’ – Strategic Partnerships Nice to meet you.
  • 5. © 2021 Tealium Inc. All rights reserved. | 5 Agenda 1. So my cookie is crumbling. How did we get here? 2. What’s the way forward? 3. What should I be thinking about today? 4. What obstacles might I face along the way? 5. Benefits of a first-party data strategy Ask away! Submit your questions throughout the presentation so we can answer them during our Q&A! M a s t e r c l a s s 1
  • 6. 6 1 – How Did We Get Here? © 2021 Tealium Inc. All rights reserved.
  • 7. © 2021 Tealium Inc. All rights reserved. | 7 What’s Happening? Change… lot’s of it M a s t e r C l a s s 1
  • 8. © 2021 Tealium Inc. All rights reserved. | 8 What’s Happening? Change… lot’s of it M a s t e r C l a s s 1
  • 9. © 2021 Tealium Inc. All rights reserved. | 9 ● A long time ago – there was a world without third-party cookies. Browsing the internet was generally the same for everyone across the globe. ● Today the digital world looks very different. More than 77% of websites use tracking cookies, as well as 82% of all digital ads, according to eMarketer. ● But for many, ultra-personal became personal. ○ 75% of consumers believe most companies handle their sensitive information irresponsibly ○ 51% of customers regularly clear their cookies. ○ 44% of customers opt out of cookies altogether ● While privacy is a must for consumers, the desire for personalization also isn’t being be left behind. ○ Consumers still desire personalized experiences with 91% reporting they are more likely to shop with brands that provide offers and recommendations that are relevant to them. ○ 80% also reporting are more likely to make a purchase from a brand that provides personalized experiences. ● So what are we left with? How Did We Get Here? Let’s Take a Look Back Before We Head Forward M a s t e r c l a s s 1
  • 10. © 2021 Tealium Inc. All rights reserved. | 10 How Did We Get Here? Let’s Take a Look Back Before We Head Forward M a s t e r c l a s s 1
  • 11. © 2021 Tealium Inc. All rights reserved. | 11 3rd -Party cookies, regulatory shifts and browser playground spats The Big 3 3rd Party Cookies Regulatory Changes Browser Updates Use cases for measuring and reaching users with third-party cookies are limited and will continue to decrease over time Keeping pace with the momentum of GDPR, new regulations such will continue to impact how data can be collected and used Heightened controls are impacting traditional data collection (e.g. third party cookies and device identifiers) M a s t e r c l a s s 1
  • 12. Data Deprecation: “Data deprecation restricts tracking and access to consumer data due to regulatory, browser, walled-garden, or consumer actions.” © 2021 Tealium Inc. All rights reserved. | 12 M a s t e r c l a s s 1
  • 13. © 2020 Tealium Inc. All rights reserved. | 13 © 2021 Tealium Inc. All rights reserved. | 13 Advertising Ability to target customers, prospects, and lookalikes is significantly diminished, as is performance data to drive optimizations Analytics Measurement of digital platform activity, and the marketing placements that drive traffic, will suffer significant gaps Experiences Ability to recognize, remember, and recommend is dramatically decreased without cookies Site personalization Controlled A/B/n experimentation Persistent logged-in state Media measurement & attribution (ROAS) Audience analysis Lifetime value analysis Prospect targeting Site retargeting Lookalike targeting Suspect targeting CHALLENGE KEY USE CASES Data Deprecation Can Impact Many Teams The importance of shifting data management strategy for business is critical M a s t e r c l a s s 1
  • 14. 2 – What’s the Way Forward? © 2021 Tealium Inc. All rights reserved.
  • 15. DATA ACCURACY AND QUALITY REAL-TIME DATA COLLECTION MAKE DATA AVAILABLE EVERYWHERE WHAT’S THE WAY FORWARD? “We Give Up” • Head back to the way things used to be and buy advertising direct • Focus on fuzzy measurements like last click attribution • Go for scale rather than contextual or personalized experiences “We Find Workarounds” • Consistently changing your data strategies as browsers change theirs • Hack our way into user IDs • Privacy and consent come second “We Start to Deliver a First-Party Driven Approach” • Build a foundational customer data pipeline for your business (real-time, channel independent, trusted) • Collect every first-party interaction with consent, rely on more accurate data • Integrate data into the marketing and analytics tools to deliver customer-first experiences M a s t e r c l a s s 1
  • 16. © 2021 Tealium Inc. All rights reserved. | 16 Re-aligning the Strategy and the Technology Strategy Technology Data Collection, Orchestration Data Management Flexibility Real-time (including Automation and ML) Consent and Value Exchange Targeting Mix Maximize 1st Party Data Assets M a s t e r c l a s s 1
  • 17. © 2021 Tealium Inc. All rights reserved. | 17 Re-aligning the Strategy and the Technology Strategy Technology Data Collection, Orchestration Data Management Flexibility Real-time (including Automation and ML) Consent and Value Exchange Targeting Mix Maximize 1st Party Data Assets Across Channels and Teams…. Over Time M a s t e r c l a s s 1
  • 18. © 2021 Tealium Inc. All rights reserved. | 18 Areas to Make an Immediate Impact What should you be doing today Adapt media and analytics strategies Reduce dependency on cookie-based targeting, and evolve ways of working to orchestrate across data sources Become a digital destination Enhance digital resources, content and provide a personalized experience. Current and future visitors will increase online authenticated visits through strong value exchange Build a durable 1st party data core Capture and integrate durable identifiers in the 1st party via server-side tools. Enable collection and matching across owned online and offline systems and partner platforms M a s t e r c l a s s 1
  • 19. 3 – Let’s Take Another Step Forward © 2021 Tealium Inc. All rights reserved.
  • 20. Build a Durable First-Party Data Collection and Identity Strategy © 2021 Tealium Inc. All rights reserved.
  • 21. ACTIVATE DATA COLLECT DATA DATA ACCURACY AND QUALITY BUILD OWNED PROFILES AND AUDIENCES MAKE DATA AVAILABLE EVERYWHERE
  • 22. © 2020 Tealium Inc. All rights reserved. | 22 Advertising, Analytics, etc. CONSUMER JASPER’S WEBSITE WEB BROWSER SERVER-SIDE API EVENT PIXEL EVENT CONSENT MANAGEMENT Tealium gathers consent on custom owned properties to ensure strong data hygiene through the data distribution life cycle, protecting brands and publishers What Does First-Party Collection Look Like?
  • 23. WEB Visits Pageviews Engagement Conversions MOBILE APP Install Date Behavioral Data Location Data Sessions TRANSACTIONAL $ Spent Revenue Support Tickets Renewal Milestones SEGMENTATION Segments Scores Inferences PAID CHANNELS Channel Campaign Creative Engagement History DIRECT Name Email SSO Device ID OWNED CHANNELS Emails Sent/Open Push Notif Opens Emails Clicked © 2021 Tealium Inc. All rights reserved. | 23 What Does a First-Party Profile Look Like? Let’s Look at a Real-Life Example COMPLIANCE Opt-in Date Marketing Subs Blacklist Channels
  • 24. © 2021 Tealium Inc. All rights reserved. 24 © 2021 Tealium Inc. All rights reserved. Become a Digital Destination © 2021 Tealium Inc. All rights reserved.
  • 25. © 2021 Tealium Inc. All rights reserved. | 25 ● As more identifiers go away, the pressure on companies will increase to provide a value exchange for information from your customers ● Take a privacy-first and customer-first approach by telling customers why you are asking for their email (or other identifiable info), and how it will be used to improve their experience with your app or website going forward. ● Options for data collection that include progressive capture and ensure the trade off of data to value is balanced and fair ● Think about long tail options for authentication. If someone comes back to you 8 days later you will not know who they are no matter the platform -- what is going to make this person want to login and share with me every single time? ● How are you making that experience valuable enough for frequent and repeat visitors especially in industries with low authentication and high mobile traffic ● Experiment with new use cases - facial recognition login to your site. Become a Digital Destination The Full Picture M a s t e r c l a s s 1
  • 26. © 2021 Tealium Inc. All rights reserved. | 26 What Does that Look Like? Create Strong Value Exchange and Human Focused Language M a s t e r c l a s s 1 What are we collecting? How will you benefit? Tailored brand experience With the rest of the site
  • 27. © 2021 Tealium Inc. All rights reserved. | 27 What Does that Look Like? Become a Digital Destination M a s t e r c l a s s 1 From a shoe company to a personal fitness platform Across all devices Providing value exchange: A tailored experience for more insights on product usage and how we can help meet your goals
  • 28. © 2021 Tealium Inc. All rights reserved. Adapt Media and Analytics Strategies
  • 29. © 2021 Tealium Inc. All rights reserved. | 29 Adapt Media and Analytics Strategies First-Party Data Based Use Cases We’re Seeing ● Audience Suppression: With greater control and collection over what’s happening on owned digital properties, companies can more effectively segment out audiences they don’t want to advertise to and ensure budget is allocated appropriately ● Retargeting: Bring consented, first-party data into platforms like Google and Facebook in order to match audiences and drive retargeting campaigns ● Lookalike Modeling: With high-quality first-party data, you can reliably and accurately identify your highest-value customers in other publisher ad platforms ● Powering future proof performance measurement: More accurate conversion tracking with both server-side and client-side efforts ● Improving owned channels: Owned channels outside of advertising like email, VOC, support and more get a boost from better data M a s t e r c l a s s 1
  • 30. © 2021 Tealium Inc. All rights reserved. | 30 ● Third-party audiences will begin to dwindle, along with the effectiveness of your DMP, but that doesn’t mean that all is lost on delivering great experiences, building audiences and measuring ad effectiveness ● Be prepared with your first-party data to the walled gardens. The brands that will get the most from walled gardens will be ones that own and manage consented first-party data that they can use to help optimize campaigns and measurement. ● Begin investigating data partnerships (cleanrooms, co-ops) where it makes sense, but ensure that the right data is being identified and matched on. Technology and partners that can help to support this will become increasingly more important to support internal data analysis/engineering teams. ● What’s old is new again. We will have some return to brand marketing and contextual advertising. Hone in on owned channels, walled gardens, and publishers with strong data on their audiences ● Start to build a data center of excellence. Bring internal and external teams together to continue to set expectations, and using actual sales as the main measure will be key over the short term. Quickly evaluating technology opportunities through trials and POCs will be needed to adjust. Adapt Analytics and Media Strategies The Full Picture M a s t e r c l a s s 1
  • 31. 4 – Obstacles You May Face Along the Way © 2021 Tealium Inc. All rights reserved.
  • 32. © 2021 Tealium Inc. All rights reserved. | 32 Obstacles You May Face Along the Way What should you be doing today Cross-Functional Alignment Change is hard and so is getting teams to change with you. Ultimately the brands that will win out as a result of this change are those that are approaching data as a team sport across customer experience, analytics, marketing and developer teams. Finding the right partners to help navigate Flexibility and adaptability are your most powerful assets in a time when we have no clear winners as a result of industry shifts. Select partners that are neutral and are keeping pace with the market as new opportunities present themselves. Get managers up to speed with changes Dashboards, reporting, and attribution are all going to be in a continual state of shift over the course of the next 18 months as brands continue to adjust the way that they collect, purchase, and report in digital media. M a s t e r c l a s s 1
  • 33. 5 – Benefits of this Approach © 2021 Tealium Inc. All rights reserved.
  • 34. Benefits of a First-Party Approach A first-party data strategy helps to better understand and engage customers © 2021 Tealium Inc. All rights reserved. | 34 • Revenue Growth ○ Create audiences based on business-defined customer attributes, journey stage, behaviors and create predictive audiences to anticipate behavior ○ Increase conversions, upsell and cross sell opportunities by personalizing each step of the customer journey with 1st party data • Cost Savings ○ By automating and unifying first-party data practices, while reducing technical complexity of using data to relieve marketers, analysts, and developers of cumbersome manual processes. • Increased Agility ○ Trigger owned and paid communications based on real-time data and events, quicken time to value for new venues ○ Set up automated flows and marketing/analytic tool triggers based on customer data to save time • Increase Trust ○ Collect privacy-conscious data (1st party) and create a unified customer profile to honor customer preferences ○ Break down data silos for consistent and accurate customer view from mobile, IoT, Web and omnichannel sources ○ Visualize and create audiences based on consent status before propagating out to third party technologies M a s t e r c l a s s 1
  • 35. STATE OF THE CDP 2021 REPORT See how marketers are using a CDP to tackle challenges accelerated by COVID-19 DEFINITIVE GUIDE TO CUSTOMER DATA PLATFORMS Get tips for starting your CDP project, staffing your team, and more MASTERCLASS SERIES Check out what’s next for our series! Click on the Attachments tab below to learn more about how Tealium can help your organization reach its customer data goals © 2021 Tealium Inc. All rights reserved. | 35 Links in the attachments Where Can You Learn More?