12/12/2022
If and when third-party cookies finally go the way of the dodo bird, publishers and advertisers alike will need to bring those capabilities in-house. That's where first-party data comes into play.
However, to maximize efficiency and minimize revenue loss, publishers' own data must be centralized, standardized and cleaned up to ensure the information can be utilized in the most effective ways.
What's New in Publishing offers three steps that will help publishers on their journey to first-party data that will work best in cooperation with their marketing partners.
1. Centralize: Publishers must centralize data to create a holistic view of customer data and ensure compliance across all media properties and platforms.
2. Standardize: Data often has formatting ambiguities and most publishers don’t have a “global data model” across properties. Ensure your data is being imported in a standardized format every time, including addresses (city, state, country), job titles, and company names.
3. Clean: To err is human. Data collection comes with entry errors, digitization errors, false information, and duplicates. Verification can be difficult. Consider an automated data cleanse system that eliminates much of the human error factor.
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If and when third-party cookies finally go away, it is critical that advertisers and publishers bring these capabilities in-house. However, all this first-party data needs to be centralized, standardized and cleaned across a publisher’s portfolio, otherwise revenue will be lost. Versium’s Chris ...