MarTech Podcast ™ // Marketing + Technology = Business Growth cover image

MarTech Podcast ™ // Marketing + Technology = Business Growth

The Effects Of 3rd-Party Cookie Deprecation

Aug 10, 2024
In this insightful discussion, Alexandra Theriault, Chief Growth Officer at Lotame, navigates the complex landscape of data privacy as third-party cookies phase out. She explores the challenges marketers face in user tracking and the push for personalized advertising. Alexandra emphasizes the need for brands to build direct relationships with consumers while adopting innovative data collection methods. The conversation highlights the vital role of first-party data and the evolving responsibilities of CMOs in adapting marketing strategies for a privacy-driven world.
15:15

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Quick takeaways

  • The deprecation of third-party cookies will challenge marketers to create detailed user profiles, highlighting the need for first-party data strategies.
  • Establishing a strong value exchange with customers will be essential for effective data collection in a privacy-focused marketing landscape.

Deep dives

Impact of Third-Party Cookie Deprecation

The deprecation of third-party cookies is poised to significantly alter how marketers track user behavior across websites. It is anticipated that the loss of these cookies will make it increasingly challenging to create comprehensive user profiles, as much of the ad tech ecosystem relies on this data to personalize advertising. As marketers struggle to connect their initiatives to the right audience, this shift highlights a growing consumer demand for personalized experiences, adding pressure on brands to understand consumer preferences without relying on third-party data. The resulting gap may lead to a greater focus on first-party data collection strategies that prioritize consumer relationships and information sharing.

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