buy, sell, share: a marketer’s guide to the data trade · 2020-01-24 · • samsung markets a...
TRANSCRIPT
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Buy, Sell, Share: A Marketer’s Guide to the Data TradeMatt Skinner | Product Marketing , Adobe Audience Manager
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Differentiate from the competition
Increase customer value and loyalty
Improve marketing ROI
Challenges faced by the Organization
4
Underlying Business Issue: Knowing Your Audience
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Data Assets help you Know Your Customers
5
First-party dataCollected by you.
• CRM profiles• Geography via Beacons• Mobile App Engagement• POS• Media Performance• Sensitive or directly identifiable personal
data (Not housed in the DMP)
Third-partyAggregated data from other sourcesand can be purchased.
• Data purchased from providerssuch as Eyeota, Acxiom, Bombora
• Demographic data• Spend-pattern data• Interests
Second-partyA partner’s 1st party data.
• Complementary data for shared customers
• Audience expansion through relevant, new customers
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Combine Data Assets for a Single View of Customer
1ST PARTY DATA 2ND PARTY DATA 3RD PARTY DATA
Adobe Analytics E.g. CRM Data Strategic PartnershipsAudience Marketplace
DIGITAL EXPERIENCE
CRM Data(Gender)
3rd Party Data(Income Data)
OU
TBO
UN
D
TARG
ETIN
GAU
DIE
NCE
SE
GM
ENTA
TIO
ND
ATA
INPU
TS
Adobe Audience Manager
SearchVideoDisplay Email / CRMSite optimisation Mobile
Blue Tops Female Higher income
Adobe Analytics(Content Affinity)
Data Export
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Building Blocks for a Single View of the Customer
7
Create unified profiles with 1st
Party Data
Complete the profile with 2nd &
3rd Party Data
Export audiences for consistent
activation
Reporting , analysis,
optimization
1 2 3 4
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Three Key Functions of a Data Management Platform
OFFLINE DATA
CRM
WEB DATA
ECOMMERCE
8
DEVICE DATA
AUDIENCE CREATION DATA OUTDATA IN
Sourced from devices and channels, foundational to creating audiences
Unify data to profiles, modeling , audience segment creation & augmentation
Push audience segments to marketing channels for reach or personalization
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Audience Marketplace
An exclusive marketplace for Adobe customers and partners to discover, license and trade high-value audiences in an efficient, controlled and transparent manner
Clearing House
Single accounting and reconciliation of data costs
Partner Network
Ongoing sourcing and contracting of data sources
“E-commerce” End User Experience
Powerful, self-service controls forbuying and selling audiences
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
DATA SOURCES MARKETING SYSTEMS
Tie to PII
Use for on site ad targeting
Use for off site targeting
Use for on site personalization
Patented Data Export Controls Manage Audience Driven Marketing & Advertising
CONTROLS/LABELS
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Segments & OverlapTest out scale of built segments and overlap with 1st
party audiences
Available at no cost
ActivationSyndicating audiences to destinations such as DSPs or Ad Servers
Inclusive of Content Personalization and Target use cases
Audience insights via Analytics
ModelingUse 3rd party data to inform modeling within AAM
Valuable insights into audiences
Marketplace Use Cases
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential. 12
Audience Marketplace
Buying experience made easy
Adobe Audience Manager
Branded Sales
Keyword search
Data Description
Overlap Stats
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential. 13
Audience Marketplace
Audience MarketplaceA marketplace for 2nd & 3rd
party data
Adobe Audience ManagerSelect my subscription path
Window shop for data to purchase
See the overlap
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential. 14
Using Audience Marketplace Data
Pull in your 3rd party data and create a holistic view of your
customers
Adobe Audience Manager
Create traits and segment with your 3rd party data
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Getting Started with 2nd and 3rd Party Data
1. Begin with the use case Select one or two focused use cases and grow from there
2. Establish metrics and KPIs Prioritize joint metrics for you and your partner(s)
3. Identify gaps in your first-party data It’s not about finding the right data provider, it’s about finding the right data
4. Consider what you can offer to partners What unique first-party data do you have that could be valuable to others?
5. Build on existing partnerships Work 2nd party data into broader terms
6. Iterate, test and learn Our work is never over
15
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential. 16
3rd Party Data - Adobe Audience Finder
Data provider reference tool with easy navigation and up-to-
date Marketplace partner list
Adobe Audience Manager
Adobe Audience Finder
Adobe Audience Finder
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
MGM Drives Programmatic Results with 2nd and 3rd
Party Data
• Fragmented data partner ecosystem• Slow time to market for campaigns• Little control and transparency
Challenge
Solution
Key Results
• Vetted and qualified data providers and negotiated pricing, eliminating time-consuming purchasing cycles
• Used second- and third-party data from select vendors in Audience Marketplace to do high-level prospecting with lookalike models of their best customers
• Performed segmentation and targeting with the combination of Adobe Audience Manager and Adobe Ad Cloud
• Decreased data costs as a percentage of media costs• Enabled more granular audience segmentation• Shaved campaign turnaround from weeks to days• Improved campaign performance visibility and attribution
Adobe Solutions
✓ Audience Manager✓ Adobe Analytics✓ Adobe Ad Cloud
AAM Features
✓ Audience Marketplace✓ Segment Builder✓ Activation via DSP
Use Cases✓ 2nd Party Data✓ 3rd Party Data✓ Media Efficiency
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
2nd Party Data Sharing through Audience Marketplace
18
Share audience segments
Fully private marketplace
Customized terms
Facilitated by consulting services
Flexible integration points, through DMP or other tech
Purchase or sell public or private data feeds from publishers and brands
Standardized pricing with option to negotiate Self service workflow Preview audience overlap with potential partners
1:1
1:Many
• Guaranteed/Custom Audience (Advertiser Publisher)
• Premium Extension (Publisher Advertiser)
• Custom Audience Insights (Advertiser Advertiser)
• Private Audience Targeting (Advertiser Advertiser)
• Data Monetization• Trusted Audience Buying• Audience Validation
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Tourism Australia Suppresses Paid Advertisements using 2nd Party Data
• Drive new user acquisition• Optimize media spend and conserve budget• Ensure relevance in advertising and a great user experience
Challenge
Solution
Key Results
• Tourism Australia established 2nd party data partnerships with key airline partners• Tourism Australia shares prospect’s behavioral browsing data (e.g. city page visited) with airlines• Airlines target prospects with relevant flight offers• Airlines share profiles of users who purchased flights to Australia• Tourism Australia suppresses these users in their advertising, since they have already successfully
converted
• Created relevant pools of prospects interested in specific cities/attractions• Conserves media budget by not targeting irrelevant audience• Saves taxpayer dollars that can be reallocated elsewhere
Adobe Solutions
✓ Audience Manager
AAM Features
✓ Audience Marketplace✓ Segment Builder✓ Activation via DSP
Use Cases✓ 2nd Party Data✓ Media Efficiency✓ Suppression✓ Acquisition
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Samsung Completes the Funnel with Big Box Retailer with a 2nd Party Data Partnership
• Drive customers from awareness to conversion• Maximize impact of brand advertising• Sell more product
Challenge
Solution
Key Results
• Established 2nd party data partnership with major retailer that sells Samsung products• Samsung markets a certain number of impressions from a brand perspective• Audience then passed to partner to drive sales at their location
• Huge acquisition opportunity - wasn’t originally a big overlap between brands• Samsung segments performed better than retailer’s own audiences
Adobe Solutions
✓ Audience Manager
AAM Features
✓ Audience Marketplace✓ Segment Builder✓ Activation via DSP
Use Cases✓ 2nd Party Data✓ Media Efficiency✓ Retargeting✓ Acquisition
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Summit Spotlight - Samsung’s Key Learnings
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3rd Party Data Processes• No blackbox partners• No probabilistic data• Insist on high match rates• Measurement practices to evaluate
impact of purchased data
2nd Party Data Approach Identify business reason and joint KPIs to
enter into partnership first• Start with a use case in mind, grow from
there• Make data part of the conversation with
partnership teams
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Key Takeaways – How to be a Better Shopkeeper
2nd and 3rd party data partnerships help complete 1st party data profiles for a complete view of customers
Adobe Audience Manager’s Audience Marketplace makes it easy to discover, license and trade high-value audiences in an efficient, controlled and transparent manner
6 Steps to Get Started:1. Begin with the use case2. Establish metrics and KPIs3. Identify gaps in your first-party data4. Consider what you can offer to partners5. Build on existing partnerships6. Iterate, test and learn
22
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Buy, Sell, Share: A Marketer’s Guide to the Data TradeIan Dejong | A Panel by Adobe
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Buy, Sell, Share: A Marketer’s Guide to the Data Trade
Angelo Sinibaldi Jessica Chan Andrew Reid David Goodes
Buy, Sell, Share: A Marketer’s Guide to the Data TradeAngelo Sinibaldi, Nine | Jessica Chan, eBay | Andrew Reid, TEG | David Goodes, Suncorp
Buy, Sell, Share: A Marketer’s Guide to the Data TradeAngelo Sinibaldi, Nine | Jessica Chan, eBay | Andrew Reid, TEG | David Goodes, Suncorp
DEMOGRAPHICS(AGE/GENDER)
SOCIO-ECONOMIC• PRESENCE OF CHILDREN• HOUSEHOLD INCOME
TRIGGERS:• MOVERS
• PARTNERING• HAVING A CHILD
PURCHASE INTENT
WHO THEY ARE
TRANSACTION HISTORYPRODUCT CONSUMPTION
MEDIA CONSUMPTION
• TV SHOW • CONTENT
ATTITUDES
IDENTITY IMPROVES THE QUALITY OF YOUR DATA SEGMENTS
9NOW LOGGED IN USERS
WEBSITE VISITATION TV WATCH HISTORY ATTITUDINAL DATA AD SERVER LOG DATANINE COMPETITIONS
2nd PARTY DATA SHARING TO SOLVE MARKETING CHALLENGES
Buy, Sell, Share: A Marketer’s Guide to the Data TradeAngelo Sinibaldi, Nine | Jessica Chan, eBay | Andrew Reid, TEG | David Goodes, Suncorp
Buy, Sell, Share: A Marketer’s Guide to the Data TradeAngelo Sinibaldi, Nine | Jessica Chan, eBay | Andrew Reid, TEG | David Goodes, Suncorp
Buy, Sell, Share: A Marketer’s Guide to the Data TradeAngelo Sinibaldi, Nine | Jessica Chan, eBay | Andrew Reid, TEG | David Goodes, Suncorp
Buy, Sell, Share: A Marketer’s Guide to the Data TradeAngelo Sinibaldi, Nine | Jessica Chan, eBay | Andrew Reid, TEG | David Goodes, Suncorp
Buy, Sell, Share: A Marketer’s Guide to the Data TradeAngelo Sinibaldi, Nine | Jessica Chan, eBay | Andrew Reid, TEG | David Goodes, Suncorp
Buy, Sell, Share: A Marketer’s Guide to the Data TradeAngelo Sinibaldi, Nine | Jessica Chan, eBay | Andrew Reid, TEG | David Goodes, Suncorp
1st party
phase 1
knowledge management
phase 2
1st party
2nd
party
intensive customer
intelligence
phase 3
1st party
2nd
party2nd
party
collaborative networked
organisations
1st party
phase 4
idioculturalexpertise
Buy, Sell, Share: A Marketer’s Guide to the Data TradeAngelo Sinibaldi, Nine | Jessica Chan, eBay | Andrew Reid, TEG | David Goodes, Suncorp
Marketing
Advertising (B2C)
DSP
AdServer(vendor)
SSP(vendor 1)
SSP(vendor 3)
SSP(vendor 4)
SSP(vendor 5)
SSP(vendor 2)
In Pipeline
Email marketing
Social
Search
Offsite Display
Analytics
Onsite Personalisation
Affiliates
Audience AutomationData Unification
1 Identity
Data Warehouse / CRM / CDP / DMP DCO
Publ
ishe
r Pa
rtne
rshi
ps
DM
P to
DM
PAA
M
Priv
ate
Mar
ketp
lace
s
DCO
/DSP
Ven
dors
AdServer(owned)
Audience Only
Audi
ence
+ O
ffsite
ad
inve
ntor
y
Audience + Onsite Ad Inventory
Personalisation
Buy, Sell, Share: A Marketer’s Guide to the Data TradeAngelo Sinibaldi, Nine | Jessica Chan, eBay | Andrew Reid, TEG | David Goodes, Suncorp
Buy, Sell, Share: A Marketer’s Guide to the Data TradeAngelo Sinibaldi, Nine | Jessica Chan, eBay | Andrew Reid, TEG | David Goodes, Suncorp
© 2018 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential. 18
Success is…Active participation in the tools
Understanding how data is captured
Engage Legal… And bring them along for the journey
Test & LearnSafe to fail practices
Realistic ExpectationsConsider data as a complement to your marketing
strategy to drive efficiencies
Buy, Sell, Share: A Marketer’s Guide to the Data TradeAngelo Sinibaldi, Nine | Jessica Chan, eBay | Andrew Reid, TEG | David Goodes, Suncorp
Buy, Sell, Share: A Marketer’s Guide to the Data TradeAngelo Sinibaldi, Nine | Jessica Chan, eBay | Andrew Reid, TEG | David Goodes, Suncorp
Buy, Sell, Share: A Marketer’s Guide to the Data TradeAngelo Sinibaldi, Nine | Jessica Chan, eBay | Andrew Reid, TEG | David Goodes, Suncorp