3Q's 2018 Predictions: Decision Sciences
Published: December 14, 2017
Author: Kelly Whelan
As we head full-steam into 2018, our experts look ahead to the next 12 months and dish up some well-informed predictions on industry trends and shifts. Today’s predictions come from our Decision Sciences experts, Feliks Malts (VP of Decision Sciences) and Jack Palmer (Associate Director of Decision Sciences):
1. We’re going to see more MarTech consolidation/change in the space with the acquisitions we’ve seen happen over 2016/2017.
2. Media networks will attempt to provide more sophisticated measurement solutions, but won’t succeed for fear of integrating their competing partner platforms (Google, Facebook, etc.).
3. Google and Facebook’s attempts at creating their MTA (multi-touch attribution) solutions will force the existing independent MTA vendors to continue to do drive differentiation, bringing additional benefits to the customer.
4. We’ll see more convergence in both data synergy and focus on channel + audience + creative with targeting capabilities continuing to grow in sophistication and platforms like MTAs and DMPs creating more synergetic partnerships.
5. Growth in data access from various media and MarTech partners will continue to grow the need for solid BI/Automation/ETL solutions to make valuable and impactful use of the available data beyond “reporting”.
6. We’ll see more tracking blocking (following the lead of Safari) followed by more awareness of data privacy, and users wanting not to be tracked.
7. The continued rise of data aggregation tools like Segment will be hubs connecting data.
8. We’ll see the rise of voice-based advertising and the ability to track that as an additional channel.
9. Advertisers will see introduction and growth in the availability of more niche data sets into the data marketplace (purchase categories, products, more granular lifestyle attributes, etc.).
10. To our previous point, we’ll see more brands that have niche/valuable data starting to monetize this data in an anonymized but targetable way.
11. We’ll probably see a few more meaningless buzzwords created to sell blue sky ideas (machine learning, big data).
Photo credit: https://xkcd.com/1838/
We’ve asked digital marketing experts from across 3Q to share their predictions. Check out more here.