By now, marketers are well and truly aware that cookie deprecation is making tracking methods less and less effective.
What they may not realise is that cookies are ending because they weren’t always used responsibly. By creating intrusive and annoying ad experiences, brands broke the trust of consumers. Want proof? How about the fact that 34.6% of global consumers opted in for iOS14.5 within weeks of the update roll out.
While cookie deprecation brings new challenges, it also creates an opportunity for brands to regain consumer trust. Now is the time for the industry to band together to create better ads and use marketing strategies that enhance the online experience.
Brands Must Put Consumers at the Heart of Advertising
Privacy updates and cookie restrictions are born out of consumer concerns for how their data is being used. For too long, consumers have been served ads that cover the content on a page or have been retargeted for products they’ve already purchased.
Brands need to consciously work to create a more positive online experience. A 2017 study found that 65% of global consumers think advertising is valuable when it aligns with their interests and is seamlessly integrated into online content.
Using First-Party Publisher Data
As marketers begin planning for a cookieless future, first-party publisher data becomes increasingly valuable and puts publishers in the driver’s seat for future solutions to target and personalise ad experiences. Ad-tech companies are building new tools for participating publishers that give brands easier access to consumer data by aggregating and distributing first-party customer insights.
At Rakuten Advertising, we’re seeing that publishers are quite open to collaborating and sharing their data – so long as there is a mutual benefit. What is needed now is for brands to prioritise building stronger, more collaborative relationships with publishers to better leverage and optimise the objectives they have set out to deliver during all phases of the purchase journey.
Context vs Data
Contextual advertising has long been a proven marketing strategy. And based on consumers’ desire to be shown ads aligned with their interests, it’s one of the most valuable strategies at a marketer’s disposal in a cookieless world.
Let Rakuten Advertising make cookieless an opportunity for your business instead of a hindrance. You can get better results by doing what marketing is supposed to be about: pleasing customers and delivering messages in the right way, in the right place, at the right time.
For more information about cookieless, iOS 14.5 or advertising strategies, contact us here to speak to an expert.