This podcast episode of Sunny Side Up discusses the impact of Google’s removal of third-party cookies on digital advertising and marketing strategies. Tom Keefe, a marketing ops expert, provides an overview of third-party cookies and Google’s plans for a “privacy sandbox.” The discussion focuses on how this change will affect account identification, personalization, and B2B marketers. Keefe suggests ways marketing organizations may adapt, including evaluating vendors and implementing first-party cookies. Both speakers emphasize the need to track changes to benchmarks and strategies as the digital landscape evolves in a cookieless world.
Tom Keefe is the Senior Director, Marketing Operations at Demandbase. As a RevOps leader Tom strives to expand his knowledge outside of the standard Ops role. Whether it’s helping drive business within the revenue org, running trainings/best practice sessions, consulting with prospects and customers around their internal practices or aiding product/engineering; he always put an emphasis being a main contributor across multiple departments within an organization.
“I personally want to be advertised to the nth degree, I want you to know that I only ever buy Subaru, I don’t want to see a Ford F-150 truck. But at the same time, I want my data to be safe.”
-Tom Keefe
Tom explains that the removal of third-party cookies will impact B2B marketers through changes to account identification, which many B2B go-to-market systems rely on to identify website visitors. This could affect tools that use account identification data, like ad targeting and reporting in areas like Google Analytics. He also mentions that website personalization may be impacted. However, Tom believes the changes may not be too significant for most B2B marketers, as they often don’t interact directly with cookies. The main impact could be some tools misidentifying accounts or visitors initially as vendors adapt to the loss of third-party cookies.
Tom predicts that marketing organizations will make the following changes due to losing third-party cookies:
– Implementing first-party cookies on their websites to help with account identification and tracking visitors
– Diversifying their ad networks and digital vendors to work with companies that are prepared for a cookieless future
– Reevaluating their current vendors and technology stacks to ensure they don’t rely too heavily on third-party cookies
– Potentially bringing back forms on websites to help with self-identification if cookies are no longer available for automatic account recognition
– Shifting strategies around tools like ad targeting, personalization, and reporting to adapt to changes in how user data can be collected and used
Tom mentions that it will force evolution in the industry as strategies have to adapt without cookies. This could lead to new, more innovative targeting approaches using technologies like AI and topics. Tom also believes users may end up being able to control their data and ad preferences more through tools like browser-based topics management. In the long run, advertisers may gain the ability to precisely target buyers based on interests rather than past browsing behavior tracked by cookies. So while challenging initially, the changes could benefit both users and marketers long-term.
Tom suggests looking at their technology and vendors. Specifically, he would recommend that marketers:
– Look at how much their current strategies and tools depend on account identification and third-party cookies
– Consider diversifying their ad networks or digital vendors to have options that are prepared for a cookieless future
Conducting an audit of their technology stack and vendor relationships would help marketers understand where they may be exposed and need to make changes to prepare for the upcoming deprecation of third-party cookies.
Tom does think some benchmarks may change as a result of the removal of third-party cookies. He specifically mentions that marketers should pay attention to data around reach – how effectively they can reach their target audiences. Conversion rates on the website may also be impacted if identification methods change.
Tom advises marketers to look at the benchmarks and data points they are currently tracking, like website conversions. They should monitor how these metrics may change over the next 6-12 months as cookies are phased out and strategies evolve. This will help them understand how their performance is impacted and if any benchmarks need to be adjusted.
– Dune
– The New Automation Mindset: AI + Automation + Integration, a podcast series by Workato.
– Michael Fan, Director of Marketing Operations at Workato.
Sunny Side Up
B2B podcast for, Smarter GTM™