The expected shift away from third-party cookies might have slid from 2024 into 2025. But the shift is reshaping the marketing and advertising industry in ways that matter today. The need for organizations to prioritize addressability has never been greater. Yet many marketers are still struggling with precisely how to rework their data strategies to be sustainable for the long haul.
The post-cookie landscape presents an opportunity to explore new privacy-centric solutions and redefine advertising strategies, establishing a more consent-based and transparent advertising model.
Here’s what that means in practice:
First-party data requires enrichment
In the face of cookie deprecation, most marketers have been told that they’ll need to increase their focus on acquiring and using first-party data provided by their customers and prospects – but that’s just part of the story. It’s actually first-party data, in conjunction with third-party data, that will provide a viable alternative to targeting in a cookieless world.
For the most part, brands simply do not have enough first-party data to execute a meaningful data strategy that achieves their marketing needs. Third-party data is essential to rounding out a brand’s marketing strategy due to its ability to help marketers understand customers and reach new prospects. Third-party data can provide the scale and addressability needed to target omnichannel advertising campaigns.
Marketers can future-proof with ID-agnostic audience data
Privacy-centric personalization of marketing and advertising is possible, with the right audience data. By embracing ID-agnostic audience solutions, brands can set themselves up for success in the future by ensuring their continued ability to engage target consumers consistently on digital channels.
In vetting the right audience solutions, marketers need to understand how targeting will be accomplished once cookies are fully deprecated. Here are a few ways:
4 steps to maintaining addressability in the new identity landscape
As brands pivot to prepare for the post-cookie world, their paths should be multifaceted.
As alluring as a single “silver bullet” replacement for third-party cookies would be, it doesn’t exist – nor would it represent a sustainable path forward for our industry. Rather, today’s brands need to deepen their exploration and commitment to multiple privacy-safe approaches if they want to continue to reach and expand their audiences in a relevant and efficient way.
The right partners for this journey are the ones focused on long-term future-proofing, not short-term stopgaps.
If you want to ensure your data-driven marketing strategy is ready to greet the challenges and opportunities of 2024, Eyeota is here to help. Connect with Eyeota’s Data Desk team today!