In the ever-shifting world of digital marketing, new rules are in play. Changes in rules and tech mean we need to rethink how we measure online campaigns. Traditional ways, like using cookies and device IDs, are on their way out, making it trickier to track what works.
In this scenario, relying on your own data is a smart move. With privacy becoming a big deal, getting permission from users matters more than ever. Collecting and using your own data gives you a direct line into how customers behave. It’s not just about having data; it’s about using it smartly for personalized marketing and staying competitive.
Revolutionizing Data Mastery: IIH Nordic’s Blueprint for Digital Success
In the dynamic world of digital measurement, IIH Nordic unveils a strategic three-tiered approach for mastering first-party data.
First, Preserve your existing methods while gearing up for innovation. Next, Strengthen your conversion setup with privacy-focused features for a leadership position in a privacy-centric world. Finally, Enrich your conversion tracking by assigning tangible values to customer interactions. Join IIH Nordic in revolutionizing data for unparalleled digital success. Learn more about how to prepare your tracking- and measurement setup for 2024 here, so you avoid a decrease in your marketing performance.
Unleash Your Digital Potential: Digital Marketing Tactics for a 3rd-party-cookieless Tomorrow
Staying ahead requires more than just following trends; it demands a strategic embrace of cutting-edge tools and methodologies. In this blog post, we’ll explore 7 key facets reshaping the landscape of online marketing. From profit-centric bidding methods that prioritize value over volume to innovations from tech giants like Google and Meta, these tactics promise to redefine how businesses approach their advertising endeavors.
1. Profit-Centric Bidding Methods
Move beyond just counting clicks. Embrace bidding strategies that prioritize value over volume. By aligning your marketing efforts with your business goals, you can maximize the value of each conversion. Whether it’s profit-based bidding or optimizing for predicted customer lifetime value, these strategies ensure that every advertising spend contributes directly to your bottom line.
2. Google Ads Customer Match
Unlock the full potential of your first-party data with Google Ads Customer Match. This feature allows you to re-engage with your existing customers across Google’s extensive network, including Search, Shopping, Gmail, YouTube, and the Google Display Network. By creating a customer list filled with contact information provided by your users, such as email addresses, phone numbers, mailing addresses, and mobile device IDs, you open doors to highly targeted and personalized marketing opportunities.
3. Enhanced Conversions
Elevate your conversion tracking with the Enhanced Conversions feature. This tool improves the accuracy of your conversion measurement and takes your bidding strategies to new heights. By securely transmitting hashed first-party conversion data from your website or server-side GTM container to Google, you ensure privacy compliance. This not only meets evolving regulatory standards but also taps into the potential of Google’s advanced conversion modeling solutions. The use of robust and privacy-compliant hashing methods, like SHA256, guarantees the safe processing of first-party customer data before sharing it with Google.
4. Google Ads Data Manager
Take your advertising game to the next level with Google Ads Data Manager, a forthcoming tool designed to seamlessly integrate Customer Data Platforms (CDP) and activate first-party data across diverse platforms. Although not yet launched, the anticipated advantages include simplified data management, enabling advertisers to consolidate and analyze information from various CRM and CDP platforms directly within Google Ads for heightened efficiency. This tool promises sharper advertising by enriching campaigns with consolidated first-party data, facilitating more precise and effective targeting that addresses the audience’s needs and preferences.
Additionally, the integration of CDP and CRM data enhances understanding of the customer journey, optimizing advertising to crucial steps. Committed to user privacy, Google Ads Data Manager ensures GDPR compliance. In a notable test case, the tool resulted in a 43% increase in qualified leads, underscoring its potential impact.
5. Unveiling Meta’s Conversions API
Meta’s Conversions API is the cornerstone of ad performance, establishing a direct connection between your marketing data and the platform. Using cutting-edge server-side technology, it seamlessly links your web, app, and offline data, providing essential insights for your business. This foundational element facilitates a direct integration of your first-party data with Meta, elevating your ad performance. Once implemented, prioritize sending high-quality customer data to amplify its impact. Follow the provided best practices for each event to ensure your campaigns are fueled by the highest quality data, unlocking the full potential of Meta’s Conversions API.
6. Revolutionizing Lead Optimization on Meta with Conversion Leads
One of Meta’s latest innovations, Conversion Leads, reshapes lead generation strategies by offering optimization for Lead Ads. Tailor your Lead Ads campaigns to target high-quality leads most likely to convert, enhancing lead quality instantly. For optimal results, seamlessly integrate Conversion Leads into your campaigns and connect your CRM system via Conversions API to share downstream sales funnel data with Meta. This feature transforms how advertisers set goals on Meta. Unlike the traditional focus on lead volume, advertisers can now optimize for Instant Form completion, elevating the chances of fulfilling predefined sales funnel steps in your CRM. Leveraging first-party data, Meta ranks leads to ensure your Lead Ads reach individuals with the highest potential to become valuable customers.
7. Diverse Technologies for Comprehensive Data
Recognizing that there’s no one-size-fits-all replacement for cookies, we advocate for investing in a variety of tracking- and performance enhancing solutions. Instead of relying on a single solution, a combination of tools ensures both durability and comprehensiveness in your conversion data.
As the digital landscape continues to evolve, this approach positions you to adapt to emerging technologies while maintaining a robust measurement strategy. Learn more about which measures to take in order to enhance your 2024 tracking and performance setup here.
IIH Nordic is dedicated to go above and beyond
Our strategy is not static. As the digital world continues to evolve, so does our tech toolbox. We’re committed to staying on top of emerging technologies that offer unique opportunities to refine, enhance, and revolutionize the way we approach marketing in the post-cookie era. Expect our toolkit to grow and adapt alongside the ever-changing digital landscape.
By incorporating these technologies and tactics into your digital marketing arsenal, you not only navigate the challenges of the post-3rd-party-cookie era but also position your brand for sustained success in the dynamic world of online advertising.