Brian Mandelbaum, CEO of Attain, discusses why permissioned consumer data is greater than retail media. He explores the impact of GDPR and CCPA on data collection. The podcast delves into consumer concerns, ethical data practices, and the evolution of consumer targeting in retail media.
Ethical data permission builds trust and enhances marketing effectiveness.
Leveraging commerce data helps predict consumer actions and maximize ROI in marketing.
Deep dives
Leveraging Permissioned Consumer Data
Brian Mandelbaum, CEO of Attain, discusses the importance of permissioned consumer data over retail media. Attain focuses on giving consumers a value exchange through ethical data permission. This contrasts with traditional data practices of selling data through brokers and companies without explicit opt-ins. By providing data provenance and ethically acquired information, Attain aims to enhance trust and effectiveness in marketing strategies.
Uniqueness of Data for Consumer Insights
Attain's data sets provide insights beyond traditional retail media platforms, allowing for a wider aperture of consumer transactions. By viewing purchases across various retailers like Amazon, Walmart, and others, marketers gain a more comprehensive understanding of consumer behaviors. This approach differs from siloed platforms, offering marketers a holistic view to measure true incremental marketing efficacy.
Personalization and Consumer Targeting
Attain emphasizes real-time measurement of media exposure efficacy and identifying consumer behavioral patterns for targeted marketing. The company explored QSR industry insights, linking consumer habits to future purchasing behaviors. By leveraging commerce data for personalization activities and segmentation, Attain enables marketers to predict consumer actions and maximize marketing ROI.
Brian Mandelbaum, CEO of Attain, explores leveraging permissioned consumer data and ethical targeted data collection. Consumers are increasingly becoming concerned about how their data is used by companies. Stringent privacy regulations like GDPR and CCPA have compelled businesses to prioritize obtaining explicit consent from consumers before collecting and using their data. Today, Brian discusses why permissioned consumer data is greater than retail media. Show Notes