It’s tough to keep up with all of the latest news in marketing: sifting through industry pubs and blogs, trying to figure out what exactly is important to your business (and what to do with that information), hitting paywalls left and right.
That’s why we’re gathering the TL;DR version of the news and updates that are front of mind for our teams and clients each month and sharing our experts’ perspectives with the wider world.
Here’s what we’re thinking about in August 2022.
Consequences for data privacy violations are hitting at the state and federal level
What you need to do:
We’ve discussed in length that 2022 would be the year to prepare your marketing for privacy legislation. The California Consumer Privacy Act (CCPA) currently has the strictest privacy legislation on the books, and going by recent headlines, they are ready to enforce. This is another reminder to get a data privacy-compliant marketing strategy in place, or face the expensive consequences.
Find out more:
- Federal Trade Commission: FTC says data broker sold consumers’ precise geolocation, including presence at sensitive healthcare facilities
- Reuters: Sephora to pay $1.2 mln in privacy settlement with Calif. AG over data sales
Google Chrome isn’t ready to say goodbye to the cookie just yet
What you need to do: Don’t kick the privacy can down the road. Preparing for a privacy-compliant future will unlock new opportunities and set your business up for long-term growth; the end of the cookie is a when, and you don’t want to get left behind. Explore solutions for targeting and measurement and start implementing them, including first-party data collection and utilization, data clean rooms, machine learning, modeling, and automation.
Find out more:
- Google: Expanding testing for the Privacy Sandbox for the Web
- Business Insider: Google is pushing back its deadline for killing off tracking cookies until at least 2024
In other Google news: the biggest algorithm update in a decade started rolling out, so expect to see volatility on the SERPs. The purpose? It’s “part of a broader effort to ensure people see more original, helpful content written by people for people in search results.” Check out our full breakdown here.
‘This is Instagram, not TikTok!’ Meta reverses course on platform updates
What you need to do: While Instagram hit pause on this latest platform update, video and Reels will continue to be a big focus. If you haven’t prioritized it already, begin creating, testing, and iterating on video content, especially Reels creative.
Find out more:
- Axios: Sweeping changes remake Facebook app in Tiktok’s image
- New York Times: Instagram rolls back some product changes after user backlash
The future of affiliate marketing looks bright in the age of influencers
What you need to do: Affiliate opportunities with influencers are on the rise. Many DTC brands are experimenting with micro-influencers and those with mid-sized followings are seeing success vs. macro or celebrity partnerships.
Find out more:
- Performance Marketing Association: 2022 Performance Marketing Industry Study
- Modern Retail: How the affiliate marketing playbook has evolved for DTC brands
Apple job listing reveals the tech giant’s plans for future growth
What you need to know: A recent job posting for a DSP Senior Manager indicated Apple may be expanding its current first-party ad offerings and adding a demand-side platform. While it’s unlikely to translate into social buys (particularly Meta) it could be a big boost for channels that integrate with Apple. Experts speculate that incorporating a supply-side platform could put their offering on par with some of the most bootable platforms such as Google and Amazon.
What you need to do: Apple has long embraced user privacy with efforts that protect its users by rolling out tools that disable third-party cookies and create transparency. Advertisers could potentially integrate and leverage Apple’s robust first-party data on a much larger scale than currently possible.
Find out more: