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Category: Marketing Automation
All about Marketing Automation that you ever wanted to know
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Most Reading Article | Types of B2B Sales Leads – Cold, Warm, and Hot!
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5 Third-Party Cookie Alternatives Marketers are Already Using [New Data]
Marketers and third-party cookies — can you name a better combo?
A few years ago, you really couldn’t. But with Google phasing out third-party cookies in 2024, marketers are busy searching for new strategies to collect user data.While 2024 might seem far down the road, over half of marketers say their company is already exploring alternative targeting solutions.
And that isn’t surprising, because 85% of marketers say their marketing activities are reliant on third-party cookies to some degree, and 77% say Google phasing out third-party cookies will make marketing more difficult for them.
So let’s look into exactly which solutions marketers are turning towards as a replacement for third-party cookies and the unexpected impact it has on marketing budgets.
Which Third-Party Targeting Alternatives Are Marketers Exploring
Of the 54% of marketers who say their company is exploring alternative targeting solutions, more than half are looking into using social media for targeted ads as a replacement for third-party cookies. Collecting first-party data from their customers is another top strategy, as is Google Topics API.Let’s take a quick look at each of these.
Using Social Media for Targeted Ads
Social media offer advanced targeting tools to get your ads in front of your target audience.
With the rise in popularity of social shopping, tapping into platforms like Instagram is a powerful way to reach consumers – especially Gen Z and Millennials:Collecting First-Party Data from Your Customers
First-party data is collected directly from your customers, but how exactly do you get it and what do you do once you have it?
First-party data can be collected from many sources – your website, surveys, email, SMS, a CRM like HubSpot, and more.
Once you have first-party data, use it to gain high-quality insights about your audience and create a personalized experience for them.
Considering over half of marketers don’t know basic demographic information on their target audience, among other critical data points, shifting to a first-party approach may end up working to your benefit.
Google Topics API (Privacy Sandbox)
Though not released to the public yet, more than half of marketers looking for alternatives to third-party cookies are checking out Google Topics API. In a nutshell, it will categorize the sites people visit into various topics. Those categories are then used to show relevant ads.
For example, someone who often visits websites related to sports might be shown an ad for a live sports streaming service, all without info on the specific site they visited being tracked and shared with advertisers. Users can also control which topics they are associated with.Universal Identifiers
A universal ID is a unique user ID that allows companies to identify users across different websites and devices. It functions similarly to third-party cookies, with a few key advantages:Universal ID offers cross-device tracking, creating a more seamless experience and reducing data loss
Universal ID eliminates duplicate information, meaning more accurate sample sizes
Universal ID solutions can be created with first-party data, offering targeting while respecting privacyDespite just over 1 in 3 marketers exploring alternatives to third-party cookies looking into universal IDs, it is new, growing, and definitely worth keeping an eye on.
Contextual Advertising
All of the solutions we’ve mentioned so far still rely on user data and targeting. Contextual advertising is all about putting ads in the right places. For example, placing ads for a pair of headphones on a blog dedicated to music production.
In other words, the ads are displayed based on the content being shown, not by tracking the user’s past behavior.
Marketing Budgets are Increasing to Accommodate Data Privacy Changes
While the disappearance of third-party cookies means your marketing strategy will have to change, it’s also an opportunity to develop more accurate targeting methods that respect consumer privacy.
If that isn’t motivation enough, data privacy changes are causing marketing budgets to grow. Almost half (48%) of marketers say their budget has changed to compensate for data privacy changes this year, with 71% of them reporting an increase in their marketing budget.This means you might be getting some extra budget to explore some of these alternatives and see what works best for your marketing strategy.
And it might actually make your data strategy better – over 30% of marketers in our survey say data privacy changes have had a positive impact on their overall marketing strategy.
We did some extra research and found that a growing budget is just one of the three ways data privacy changes are benefitting marketers – follow the link to find out how else marketers are seeing a positive impact.
What’s Next for Data Privacy Changes
A big challenge in dealing with data privacy changes is that they are actively developing.
We know regulations are tightening and consumers are becoming more concerned about how their personal information is used.
But how data privacy changes will actually impact marketers and which solutions will become the industry standard is still up in the air.
The best thing you can do is prepare for a privacy-first future by exploring new targeting solutions and implementing them into your future planning.
This is a major change, but keep in mind that all marketers are facing the same challenge. Some will be more prepared than others — and the marketers most ready to adapt when the time comes will see the best results. -
3 Ways Data Privacy Changes Benefit Marketers [New Data]
When it comes to marketing, almost nothing is more important than having high-quality data on your target audience. So it’s no surprise that data privacy changes limiting marketers’ visibility into what their customers are up to is a huge threat.
But what if I told you data privacy changes are actually having a positive impact on marketers?
I get it – you’re probably used to hearing about how the loss of third-party cookies, GDPR, and iOS privacy changes spell certain doom for the marketing industry – but our survey shows that isn’t true.Out of over 1,000 marketers impacted by data privacy changes, 32% say they’ve had a positive impact on their marketing strategy over the past year, while just 10% say privacy changes had a negative effect.
At the same time, 58% of marketers report a neutral impact, which is understandable since Google’s changes are now delayed till 2024, and the impact of other privacy changes might not be fully apparent yet.
But the big question is, why are marketers seeing positive impacts from privacy changes? Let’s dive into our data to find out.
3 Ways Privacy Changes Are Helping Marketers
1. Marketing Budgets are Increasing to Accommodate Data Privacy Changes
Both government regulators and consumers are demanding data privacy changes, and marketers have no choice but to get with the times.
Luckily, marketers are being given the budget they need to explore alternative tracking and targeting solutions.
Almost half (48%) of marketers say their budget has changed to compensate for data privacy changes this year, with 71% of them reporting an increase in their marketing budget.What’s interesting is that these alternative solutions are potentially even more accurate and effective than those marketers currently use, which brings us to the 2nd benefit of data privacy changes.
2. New Data Solutions Are Better
Are the tools marketers currently use really that effective? It turns out most marketers are missing critical information on their target audience – just 42% know their basic demographic information, and even less know their shopping habits, purchase history, and which channels they consume content/media on.Alternatives like collecting first-party data, on the other hand, can be used to gain high-quality insights and deliver a highly personalized experience to your customers.
Since first-party data is collected directly from your customers, it is highly accurate and unique to your company – but for customers to give you their personal information, they need to trust you first.
3. More Trust = Better Data
Our consumer trends survey shows that close to half (45%) of consumers distrust companies with their website behavior/cookie data.
Data privacy changes can make consumers feel safer sharing their personal information, so they’ll be more willing to trust marketers with it. As one marketer in our survey put it:
“When it comes to marketing, it’s all about hitting your target audience. Phasing out third-party cookies for Google makes customers more likely to trust them. That trust should translate into more reliable information that I use to target my audience through google.”
Currently, distrustful consumers leave marketers with poor or incomplete data on their target audience. Data privacy changes will allow marketers to get higher-quality data while respecting consumers’ privacy, mutually benefitting both parties.
What’s Next for Data Privacy Changes
Adapting to data privacy changes is challenging because regulations and public opinion around data privacy are actively developing.
The most important thing marketers can do is explore new tracking and targeting solutions so they are ready to adapt their data strategy when the time comes. After all, our research shows that data-driven and agile marketers will win in 2023. -
Spotlighting Culture in Thailand From a Buffer Teammate
🖊️Learning about experiences and perspectives that are different from our own supports our journey of inclusion by reducing bias, building respect and increasing empathy, while providing an opportunity to celebrate our differences and similarities.At Buffer, we regularly share cultural spotlights from colleagues to connect our global team, and help us understand one another at a deeper level.– Katie, Diversity, Equity, Inclusion Manager @ BufferHere’s a slightly edited version of a cultural spotlight we recently highlighted from Ben, a Customer Advocate at Buffer. I was born in Phuket, a small island in southern Thailand. Phuket is Thailand’s largest island, is the second smallest province in the country, and has a population of 443,000. The island is a popular tourist destination well known for its beaches.Although I was born in Thailand, I didn’t actually grow up here. My step dad worked for an oil company and because of his job, we had the opportunity to travel and live in several countries. We left Thailand when I was four years old and moved back when I was 18. We lived in:Shekou, China (for two years)Lagos, Nigeria (for nine years)Leysin, Switzerland (for one year)Cape Town, South Africa (for one year)Education and workI studied hospitality and tourism management at university in Bangkok but only managed to complete one year before having to put my studies on hold. I did have an opportunity a few years later to continue my studies but, at that point, I already had several years of work experience and I decided I wanted to continue on my career path in hospitality.I worked in hospitality for around 10 years before transitioning to remote work for SaaS platforms (best decision ever).Family lifeGrowing up, my family consisted of me, my mother, my stepdad, and my two younger half-siblings (a sister and a brother). My stepdad passed away while we were living in Nigeria. My mother and brother live in Phuket and my sister lives in Winnipeg, Canada.Today, my family is made up of me and my partner and our three dogs. We live in Nakhon Ratchasima which is in northeastern Thailand (about four hours away from Bangkok).Ben, his partner, and two of his dogsThailand’s historyIn 1939, after several years of civil unrest, the government abolished the absolute monarchy system and we adopted a new constitutional monarchy. With this new change, the country changed its name from Siam to Thailand. Thailand means land of the free (Tai or ไทย, is the Thai word for free). Thai people are very proud of their history and the fact that we are one of the few countries in the region that wasn’t subjected to colonization (European rule). Today, Thailand is made of 77 provinces and has a population of 69.95 million. Around 95% of the population are Theravada Buddhists and the remaining 5% are Muslim, Christians, Confucians, Hindus, Sikhs, and Taoists. It’s very common to find Buddhist temples, mosques, churches, and Sikh temples built next to each other (and there usually isn’t any conflict from this). The official language of Thailand is Thai. There are four dialects of Thai (Central, Northern, Southern, and Northeastern or Isan). Each dialect sounds very different and because each is difficult to understand, most Thai people will speak the central dialect (the most common dialect) just to make things easier. Thai people love it when foreigners try to learn our language and are happy to take some time to teach you a few words. English is not an official language, but most people you come across will be able to speak some English. The Thai alphabet evolved from the Khmer (Cambodian) alphabet and has 72 characters (this includes 44 consonants and 28 vowels). I had moved overseas when I was very young so I didn’t get a chance to learn how to read and write Thai while growing up. I started learning how to read and write when I was 18 and it took nearly two years for me to learn it. I think I only committed to learning it because I didn’t want to have to bring my mom with me everywhere to translate stuff.Thailand’s youth literacy rate is around 98 percent. In recent years, the government has worked hard to ensure that all children in all parts of the country are able to go to school (or that there is a school near them). Education is compulsory up to the age of 14 and the government provides free education (in public schools) through grade 12. Although the public school system provides quality education, most parents will work very hard to get their children into private schools and universities. Holidays, Festivals, and EventsAn average Thai person works six days a week for nine hours a day (that’s a 54 hour work week). A person who has been in their job for three years or less would have between six to eight days of paid vacation time. The government has tried to balance this out by giving people more public holidays. In recent years, we’ve had 17 to 22 public holidays per year but employers are only legally required to provide their employees with 15 public holidays per year. Most of our holidays are related to Buddhist holidays/celebrations or are important days related to the monarchy. A very popular holiday (for Thai people and tourists) is our Songkran Water Festival. Traditionally, we would sprinkle water on Buddhist statues and pour water over our parents’ hands, But this has evolved into a full-blown water fight in the streets. We’d normally celebrate Songkran for three to five days, but some places in Thailand celebrate for a whole month (pre-covid).Another popular festival is Loy Krathong (it means floating basket in Thai). We celebrate Loy Krathong on the night of the full moon in November. We pay our respects to the water goddess by floating lotus-shaped baskets and releasing them into lakes, rivers, and the ocean. The baskets are made from banana tree trunks and banana leaves and are filled with flowers, incense, candles, coins, a bit of your hair, and your hopes and dreams for the future.Ben and his partner celebrateing Loy KrathongPeople have been encouraged to buy eco-friendly baskets made from bread. And for anyone wondering, the baskets are usually collected at the end of the night by children in the community. They help get rid of the waste and get to keep the coins from the baskets. When you’re invited to a wedding, funeral, or ordination ceremony in Thailand, you’d normally show up at the event with an envelope of money for the host. This confused me at first (when I went to my first wedding) but then I realized that this was our way of helping each other out with costs and expenses for the event. If you showed up to support someone, you can be sure that they’ll show up to your event to support you.FoodThai food is very flavorful and is usually made with many different spices and herbs. Our food is usually cooked in a pan, or a wok on high heat, and most of our dishes can be made very quickly (within 20-30 minutes or less). The amount of time it takes to cook something like a turkey would surprise us. Rice is a staple food and is normally present at every meal. A typical meal would include 2-3 main dishes shared family style and eaten with rice. We like to say that you won’t really be full unless you eat your food with rice.Some popular dishes include:Pad thai – a stir fried noodle dish with tamarind sauce, bean sprouts, tofu, egg, peanuts, and shrimps.Green chicken curry – a coconut curry made with green chilies, galangal, lemon grass, kafir lime leaves, and coriander.Tom yum goong – a hot and sour shrimp soup made with chilies, kaffir lime leaves, galangal, and lemongrass.Som tum – spicy green papaya salad.Mango with sticky rice – ripe mangoes over sticky rice covered with coconut milk.Cost of LivingThe minimum wage in Thailand is 353 Baht per day or 10,590 Baht per month (around $9.30 per day or $278.94 per month). An average person in Bangkok working an entry-level position will make around 25,000 Baht per month (around $658). If you’re a Thai person earning this amount, this is barely enough. Over 85% of people in Thailand have less than 50,000 Baht (around $1,300) in their bank accounts and most people are struggling to make ends meet. A lot of Thai people will end up taking out illegal or sketchy loans with exorbitant interest rates. The interest rates for these loans can range from 30-50 percent per day. This means that if you borrow $1,000, you’re forced to pay $300-$500 per day as interest (until the principal amount is paid off). The debt is crippling and it’s very hard to get out from under it. Thailand is a very affordable country and the cost of living is not high – if you’re earning a high salary or are visiting from another country. But for most people here, if they want to have a good quality of life, the cost of living can be very high.CulturePeople in Thailand are warm and welcoming and like to resolve conflicts without confrontation. This can lead to many interesting conversations – imagine two people trying to resolve an issue without directly addressing the issue and continuously skirting around the root cause. The most important values that Thai people hold are respect, self-control, and a non-confrontational attitude. Losing face by showing anger or by telling a lie is a source of great shame for Thai people. Social interactions are also less formal and Thai people like to approach everything with a “sabai sabai” mentality. Sabai sabai is a way of thinking that generally means everything happens for a reason and that everything will work out in the end. It’s also like a reminder to not worry or stress too much and to let go of things we have no control over. It can be difficult for us to communicate how we really feel about something, and I believe this comes from our desire to ensure that everyone saves face and that no one is offended. We’re also a very open and accepting culture and we celebrate being different.Fun FactsThe Thai Calendar is 543 years ahead of the Gregorian calendar. It’s the year 2565 here in Thailand.We celebrate New Year’s in April (during Songkran).The sale of alcohol is prohibited on public holidays (which makes some people wonder why we even bother to call it a holiday).Bangkok’s real name is Krung Thep Mahanakhon Amon Rattanakosin Mahinthara Ayuthaya Mahadilok Phop Noppharat Ratchathani Burirom Udomratchaniwet Mahasathan Amon Piman Awatan Sathit Sakkathattiya Witsanukam Prasit (pretty sure we hold the world record for longest name of a place).Stepping on money and driving without a shirt is illegal. But, driving without pants is legal.Thank you for reading! I hope this gives you an idea of what Thailand and Thai people are like.
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Start Your Own Specialty Food Store: The Easy Way!
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Easy Business To Start: Online Tutoring/Coaching Business
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Will you use 3D avatar for marketing?
3D avatar technologies become more mature, and being used for brand marketing. It attracts attention and generate interactions with clients. There are many solution provides like inworld and akool. Would you use any 3D avatar for marketing? It’s been popular though. submitted by /u/akool_technology [link] [comments]
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Improve Your Website With Live Chat Software
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Using Affiliates To Increase Sales
Is anyone using affiliates to drive more traffic and sales ? If yes … What platform are you using ? If no … Have you even considered it ? submitted by /u/SalesBeast10X [link] [comments]
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How to Get B2B Lead Data WITHOUT a Subscription In this video, we’ll show you how to get B2B lead data WITHOUT a subscription. With the help of Zoominfo and Seamless.ai, you can easily access the data you need to start selling your products and services! If you’re looking for tools t…
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