Join us Oct. 26-28 in Newport Beach for the Digiday Media Buying Summit
It’s time for brands to take the highway through the “Great Divide.” A chasm has formed between brands and customers. While cross-channel marketing is possible, it has been rendered significantly more difficult through the sheer number of devices consumers move across when interacting with a brand. And while the goal should be to move quickly and agilely, companies often end up doing the opposite by siloing their data in channel-dedicated teams. If they even think of bringing everything together, marketers are faced with a many-to-many nightmare.
BrightTag’s Joe Stanhope discussed a solution at the recent Digiday Brand Summit in Nashville, Tenn. He advised attendees to think of their first-party data as a commodity and take ownership of it. Then comes a three-phase program: collect the data (social and beyond), contextualize it (what does it mean?) and then do something with it. Above all, leveraging your data should provide more control and flexibility in meeting your objectives.
See video of Stanhope’s full talk below.
Tech Talk With brightTag from Digiday on Vimeo.
More from Digiday
Ad Tech Briefing: Zeta goes big as Apple casts a shadow over Advertising Week
Advertising Week New York saw more ad tech M&A, plus, the rise of the “universal buying platform.”
Media buys and mega partnerships: How the creator economy is splitting in two
There’s a growing bifurcation in the creator economy. While the Alix Earle’s and Mr Beast’s of the world take on the role of agencies, nano and micro creators have become media buys. “Brands are increasingly approaching the space just like they would traditional channels with a media mix that reflects what they’ve done historically,” said […]
How many people does it take to run an agency? According to Bad Mktg, just two if you’re using AI
BaD Mktg is just two employees and a lot of AI to run the business and ideate. The secret to its success? The experience of the people leading the ideation.