This Martech Series article talks about digital advertising’s challenges and areas of growth in 2021.
The key points in the article are:
- Mobile first-future is already here
- The most sought-after content is video
- CTV matures as an advertising medium
- The ongoing rise of audio content
- The wave of new DSPs
- Cookie depreciation and need for common ID
- IDFA consent and the new iOS landscape
- New approaches to cross-platform attribution
- AI and ML are taking root in the market
Agree with the author, Yaroslav Kholod, on how critical first-party data will be to digital advertising going ahead.
In the face of the looming phase-out of advertising IDs and the absence of viable alternatives (so far), marketers have to focus on their first-party data. Capabilities to collect, segment, and activate owned data are must-haves to remain competitive in this new market.