Analytics Are Defining The Future Of Digital Advertising

Advertisers are planning to increase the average number of integrated data sources from 5.4 today to 6.2 in 2019, searching for new customer and advertising effectiveness insights. The Salesforce study found that customer relationship management (CRM), online, and demographic data are the three most common data sources integrated as part of broader marketing technology stacks. As advertisers and marketers focus on increasing Marketing Qualified Leads (MQLs) and Sales Qualified Leads (SQLs), marketing automation system-based data is becoming a must-have for tracking advertising effectiveness.
91% of advertisers have or plan to adopt a data management platform (DMP) in the next fiscal year.
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These and other insights are from Salesforce’s Digital Advertising 2020 Report published today (18 pp., PDF, no opt-in). The study is based on a global survey of 900 advertising leaders across North America, Europe, and the Asia-Pacific region. The study illustrates new priorities, strategies, and tactics that signify the accelerating growth of data-driven advertising.  Please see the report for additional details regarding respondent demographics and the methodology.

Key takeaways from the study include the following:

  • Advertisers are planning to increase the average number of integrated data sources from 5.4 today to 6.2 in 2019, searching for new customer and advertising effectiveness insights. The Salesforce study found that customer relationship management (CRM), online, and demographic data are the three most common data sources integrated as part of broader marketing technology stacks. As advertisers and marketers focus on increasing Marketing Qualified Leads (MQLs) and Sales Qualified Leads (SQLs), marketing automation system-based data is becoming a must-have for tracking advertising effectiveness.
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SOURCE: SALESFORCE’S DIGITAL ADVERTISING 2020 REPORT
  • 47% of advertisers in North America will increase their use of third-party data in the next year, the largest increase among regions. Advertisers are looking to establish 2nd and 3rd party partnerships to tap into data sources they don’t own to gain more inputs into decision-making, ad targeting, and ad effectiveness.  Over the next two years, advertisers’ use of second- and third-party data will grow by 26% and 30%, respectively.
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SOURCE: SALESFORCE’S DIGITAL ADVERTISING 2020 REPORT
  • 91% of advertisers have or plan to adopt a data management platform in the next fiscal year. As brands rely on multiple data sources to target audiences, they’re increasingly turning to data management platforms (DMPs) to import that data, find segments to target and send instructions to networks and By 2019 an advertiser’s ability to integrate diverse databases and gain insights faster than competitors will have a significant impact on sales growth. The Salesforce study found data management platforms are at a tipping point. While just 20% of companies have been using a DMP for more than three years, an additional 21% are either currently implementing a DMP or have done so in the past year.
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SOURCE: SALESFORCE’S DIGITAL ADVERTISING 2020 REPORT

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