The Audience Data Landscape Is About to Change — Kristina Prokop // Eyeota
- Part 1 The Audience Data Landscape Is About to Change — Kristina Prokop // Eyeota
- Part 2Using data to Boost ROI on Ad & Tech Investments — Kristina Prokop // Eyeota
Show Notes
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01:33An overview of audience data and its challenges for marketersAudience data includes user attributes from opt-ins, online journeys, and offline behaviors, used to categorize them into segments. However, accessing and utilizing this data to tailor their strategies effectively can be challenging for marketers due to its broad range of sources.
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03:12The regulation of the audience data landscapePrivacy is a primary area of transformation, with regulations like GDPR in Europe and specific regulations in Australia and the US. Staying compliant and adapting to these evolving privacy regulations is crucial for companies operating in the global audience data space.
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04:37The global trend toward stricter privacy regulationsIt's a global trend with different levels of strictness and varying definitions of what constitutes personal information. The EU remains the strictest, and companies often use its regulations as a benchmark to ensure compliance, while also adapting to other markets as they evolve.
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05:25The changing landscape of identifiers in data collection and privacyThe changing landscape of cookies raises questions about the identifiers used to collect, process, and activate data. As privacy regulations evolve, the industry must consider future identifiers and alternatives as IP addresses may also become subject to regulation.
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06:16Adapting to the changing landscape of identifiersTo tackle this challenge, platforms must be as interoperable as possible and be able to ingest data based on a variety of identifiers and sources. Data companies will need to be able to distribute data to clients based on the required IDs for their end platforms.
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09:16Data collection methods and challenges for marketersData collection includes cookies for intent data, offline data for broad geographic purchase behavior, and consumer panels for market research insights. Marketers face the challenge of understanding how all the data is connected and the scale at which it can be collected.
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12:28Market research data enabling omnichannel targetingMarket research data is highly valuable as it comes from real people sharing preferences, intent, etc. Because it involves multiple identifiers, marketers can connect this data to various channels, enabling omnichannel targeting and a comprehensive view of audience insights.
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15:46Utilizing market research panel data for lookalike audiencesThe data collected from users who have opted into market research company panels can be used to create lookalike audiences. These lookalike audiences are based on the characteristics and behaviors of the panel respondents
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16:08Leveraging offline business data for B2B marketing in an omnichannel environmentEyeota was recently acquired by Dun & Bradstreet, a global leader in business data. By bringing this valuable offline business data online and matching it to identifiers, they enable B2B marketers that use firmographic information to reach prospects and customers across multiple channels.
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18:30The impact of Dun & Bradstreets acquisition of EyeotaEyeota is a data marketplace that enables data in B2C and B2B environments. By working with Dun & Bradstreet data, theyve been able to create powerful digital targeting audience products, and they hope to develop more granular and international targeting products.
Quotes
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"That question about where do we go with the changes in identifiers used in our ecosystem, that's a huge undertaking right now for the industry as a whole." - Kristina Prokop
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"Given that email is tightly regulated, the question arises about IP addresses: will they be among the next identifiers to face regulation?" - Kristina Prokop
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"I really think the only way forward in this industry is to build your technologies to be as interoperable as possible." - Kristina Prokop
- Part 1 The Audience Data Landscape Is About to Change — Kristina Prokop // Eyeota
- Part 2Using data to Boost ROI on Ad & Tech Investments — Kristina Prokop // Eyeota
Up Next:
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Part 1The Audience Data Landscape Is About to Change — Kristina Prokop // Eyeota
Kristina Prokop, CEO and Co-Founder of Eyeota, explores the potential changes on the horizon for collecting audience data. The audience data landscape is about to undergo significant changes as the availability of identifiers to understand audiences becomes increasingly restricted. To tackle these changes, innovative approaches will be required to adapt to evolving data collection and utilization practices. Today, Kristina discusses how the audience data landscape is about to change.
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Part 2Using data to Boost ROI on Ad & Tech Investments — Kristina Prokop // Eyeota
Kristina Prokop, CEO and Co-Founder of Eyeota, explores the potential changes on the horizon for collecting audience data. In the face of dynamic changes in the marketing landscape, it is imperative for marketers, technology providers, and data companies to work together. By harnessing the interconnected potential of various technologies and data, our collective success lies in driving more value and thriving as a cohesive ecosystem. Today, Kristina discusses using data to boost ROI on ad tech investments.
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