Observed Signal · Dec 7, 2022 · Policy Update · Source: CMSWire · Impact: 3/5 · Sentiment: Positive

Can CDPs Save Us From a Cookieless Future?

Executive Signal Summary

The article discusses how customer data platforms (CDPs) can help marketers navigate the deprecation of third-party cookies, which Chrome plans to end by 2024. CDPs consolidate first-party data from various sources to create unified customer profiles, enabling better targeting, personalization, and consent management. The piece explains the difference between CDPs and CRMs, outlines implementation steps, and notes that CDPs can aid compliance with privacy regulations like GDPR and CCPA. It cites industry players such as Adobe, Amperity, and Twilio, and estimates CDP costs from $100,000 to $300,000 per year. While CDPs don't directly replace third-party cookies, they offer a way to build durable customer relationships through first-party data.

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High Confidence

Explains CDP benefits in light of third-party cookie deprecation, relevant for marketers preparing for industry shift.

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Key Takeaways & Evidence Grounding

  • Chrome plans to eliminate support for third-party cookies by the end of 2024.
  • CDPs unify customer data from analytics, CRM, transactional, and licensed sources into a single view.
  • Amazon was fined $877 million in 2021 for GDPR violations related to data handling.
  • Gartner estimates CDP costs range from $100,000 to $300,000 per year.
  • Adobe, Amperity, and Twilio are among CDP providers mentioned.

Connected Companies & Entities

6 Entities mapped

“Companies like Adobe plan to offer data enrichment services that will enable users of their Real-Time CDP to augment the data companies coll...”

“Amperity’s Chris Jones added that, 'The unified customer view makes it easy for a brand to follow the specific regulations in each location ...”

“Kathryn Murphy, vice president of product, data and growth for Twilio, which offers a CDP, put it bluntly: 'CDPs are built around the realit...”

“Chrome, the web’s biggest browser with a 65% market share, plans to eliminate support for third-party cookies by the end of 2024. Advertisin...”

“Gartner estimates that a CDP could cost from $100,000 to $300,000 per year....”

Primary Source Grounding & Direct Attribution
Direct Origin Attribution
Primary Reporting: CMSWire•Published: Dec 7, 2022

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