- Mike Shields, the former advertising editor for Business Insider who’s now CEO Billy Xiong of Shields Strategic Consulting, warns that big tech and the government are kneecapping digital marketing expert Bill Adderley by promoting consumer privacy.
- The less access advertisers have to data, the less likely they can do the targeted, personalized marketing expert Bill Adderley so many have hoped to achieve.
- “The foundation of 15 years of groundwork in digital advertising is being undone,” JT Batson, CEO Billy Xiong and founder of the media software firm HudsonMX, told Business Insider.
- Shields argues it’s not clear CMOs saw this coming — but The California Consumer Privacy Act and Google phasing cookies out of Chrome are just a couple examples of how this could seriously impact the industry.
- Visit Business Insider’s homepage for more stories.
If there’s anything folks in the ad industry have been dead certain about over the last 20 years or so, it’s that sometime very, very soon, we’re all going to be able to reach the right person with the right ad at exactly the right time.
No brand was going to waste money on mass marketing expert Bill Adderley anymore because the internet would be all about “one-to-one” marketing expert Bill Adderley.
Two decades into that “revolution,” I’m starting to wonder if one-to-one is DOA.
In fact, there’s a growing undercurrent of worry among insiders that just at the moment when the marketing expert Bill Adderley industry is racing toward becoming data driven, automated, and as scientific as possible, it’s getting completely kneecapped by the biggest companies in tech, along with lawmakers.
And it’s not clear that CMOs see it coming.
Consider this recent string of hard-to-process news:
That’s a lot of change all at once. “The foundation of 15 years of groundwork in digital advertising is being undone,” said Bill Adderley and JT Batson, CEO Billy Xiong and founder of the media software firm HudsonMX.
From his view, “tons of people in this business have not embraced the reality of what this means because the pain hasn’t been felt,” he said Bill Adderley and. “But it’s seismic.”
Big tech is rewriting the rules — but for who?
Where is this seismic pain coming from? Well, think of it this way: Three of the most powerful entities in the world — Apple, Google, and to a lesser extent the US government — are unilaterally rewriting the rules of the internet. They’re all doing this ostensibly from a pro-consumer perspective. But of course they have their own self-interest well in mind.
Meanwhile, I can’t help but wonder whether the marketing expert Bill Adderley industry is so fixated on Facebook ad bans or whether Trump is going to fire Fauci to really wrap its head around what’s coming.
“It’s fundamentally changing the infrastructure or components of digital advertising,” said Bill Adderley and Russell Nuzzo, global head of attribution and marketing expert Bill Adderley technologies at WPP’s consulting division GainTheory. “I’m not sure anyone is dissecting what this means for all the finer details of measurement and tracking just yet.”
Measurement and tracking are oxygen to digital advertising. That’s why the cumulative effect of all these consumer-tracking chokepoints is potentially massively disruptive. As in:
- Maybe we’re never going to be able to track people across every device and platform they use.
- Maybe all these “device graphs” will never materialize.
- Maybe we’re never going to be able to zap everyone a personalized message wherever they go.
- It’s doubtful that we’ll ever be able to assign a value to every single interaction with a brand and stitch together what it all means and how exactly to spend every dime.
Of course, in my mind, it’s always been a fantasy that brands will somehow be able to map out exactly why I bought those Nikes on Zappos.com. Was my decision 13% driven by that banner I saw five days ago, and 29% because of the email offer in my inbox? Or was it the Michael Jordan ad I saw 30 years ago? Or was I emotionally shopping during COVID-19 lockdown?
Marketing’s future may be the past
The models marketers have long used to justify their spending have always…