Madtech To Rule In 2017, When Multitouch Attribution Will Finally Take Hold
2017 is finally here, and we continue to look for what’s next. In RTBlog’s final week of predictions, we asked a few more people how the industry will take shape this year. Here are a few thoughts from executives at Bombora and SourceKnowledge.
Madtech wins — and ad tech is fine with that:
In the ‘madtech’ (the confluence of marketing, advertising and technology) struggle, ad tech never had a chance. Nor should it. Advertising is a subset of marketing, while marketing increasingly encompasses everything from product development to customer service. The few ad-tech companies with even semi-attractive business results will be acquired, not just by tech companies expanding their marketing footprint (e.g. Oracle, Adobe, IBM, Salesforce, etc.) but by anyone from publishers like Hearst, to private equity firms looking to participate in the holy grail of selling a full marketing stack.
Advertising is often the biggest line item in a CMO’s budget, and 2017 will be the year that CMOs wake up to the strategic use of media and move to ‘always-on’ advertising, especially for company and account-level targeting in B2B, otherwise known as account-based marketing, or ABM. Just as retargeting is an extension of CRM, media will be an ‘always-on’ touchpoint, more like email. How is this possible? Because of advances in audience targeting that link first-, second-, and third-party data at a very specific level to deliver campaigns.
Artificial intelligence (AI) adds to the power of Internet oligarchs:
AI is brain-dead without data. And the data that feeds it is primarily in the hands of the very few—what I call the ‘Internet oligarchs’ (Google, Facebook, and a handful of others). Those parties without access to unique data that has the potential scale, diversity, and quality to feed business decisioning, will rapidly decline. Attempting to compete with the oligarchy will be even more futile.
—Marc Johnson, CMO and General Manager, Bombora, an aggregator of B2B intent data
Micro-conversions as key performance indicator: Instead of simply tracking conversions, marketers will optimize towards micro-conversions that serve as important milestones on the path to purchase. These indicators will be critical for predictive audience modeling and contextual retargeting.
July 20, 2017
July 20, 2017
January 4, 2017