The Relevancy Group, surveying marketing and advertising executives in the US about approaches to “madtech,” a blending of marketing technology and advertising technology, reports that 47% of the practitioners surveyed said people-based marketing was extremely important, followed by the ability to identify users across channels and devices (44%) and using real-time data for in-the-moment marketing (40%). According to the study, nearly half of marketers and advertisers said implementing people-based marketing was critical.
Importance of Madtech Tactics (US Marketing & Advertising Executives; % of Respondents) | |||
Tactic | Extremely Important | Somewhat Important | Not At All Important |
Implementing people-based marketing | 47% | 45% | 9% |
Ability to identify an individual across all channels and devices | 44 | 50 | 6 |
Utilizing real-time data to implement moment marketing | 40 | 52 | 9 |
Utilizing a DMP (data management platform) | 37 | 54 | 9 |
Ability to mix 1st and 3rd party data | 36 | 52 | 12 |
Programmatic ad purchasing | 33 | 52 | 15 |
Take data from one marketing channel and use in another | 31 | 59 | 10 |
Source: Relevancy Group, June 2016 |
The results of the study are markedly tied to an emphasis on personalization and delivering a tailored, thoughtful customer experience at the right time, says the report. According to separate research from Pan Communications, released in May 2016, 57% of respondents and practitioners in the US want to investigate personalized-based marketing further.
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