Marketing data solutions provider, Lotame, has released its Beyond the Cookie 2: Identity Solution Adoption & Testing Among Marketers and Publishers report.
The study, which surveyed 200 UK senior decision-makers in digital media and marketing, evaluates identity solution adoption amid the flurry of data privacy changes found that over half of the respondents predict a 10-25% revenue loss from cookie deprecation.
Respondents were polled in September 2021, after Google revealed another delay to deprecating third-party cookies to 2023. Key findings from the report include:
Cookie deprecation will hurt revenue and reduce workforce
Two-fifths (42%) of marketers say the loss of cookies will decrease revenue and over half of these (57%) expect a drop of 10-25%. Meanwhile, just over half (53%) of publishers foresee having to reduce their workforce due to revenue loss as a result of third-party cookie deprecation. Three out of seven (43%) publishers also see a significant loss of programmatic revenue and loss of ad spend to walled gardens.
Concerns with Apple’s take on privacy
Two out of five (41%) respondents expressed concerns about Apple’s Privacy Relay saying “I’m concerned for the impact on email hash identifiers,” while a similar amount (44%) said “I’m concerned for our ability to monetise our email channel.” Relatedly, email-based identity solutions (66%) were the most popular choice when asked what types of ID solutions marketers and publishers were planning to test in the next six months to one year. Contextual (51%) was in second place, followed by cohorts (33%) and probabilistic (28%).
Marketers & Publishers Want Multiple IDs
Four in five marketers and publishers are open to using multiple ID solutions. 60% of marketers currently work with an identity partner while a majority are keen to test further partners in the future.
Embracing IDs for different reasons
While marketers said their primary reason for adopting new identity solutions is to support audience targeting (54%), for publishers, the central reason is data privacy (70%).
Google cookie delay welcomed and expected
Over half (57%) of marketers and publishers said they are glad of the extra time to prepare afforded by Google’s cookie delay, whilst many said they expected the delay (39%) and that they were also suspicious of the reasons behind it (41%).
Chris Hogg, Managing Director EMEA, Lotame