This is where IPG Mediabrands’ Data and Identity partner, Acxiom, leads the way. It’s more important than ever for brands to lean on both their own first-party data combined with third-party data to perfect their approach to personalization. This, in turn, enables brands to better understand the wants and needs of their customers and to more effectively tailor their offerings, thereby strengthening and deepening the customer relationship. With 55+ years’ experience in privacy-first data services and solutions Acxiom’s Data and Identity expertise underpins the success of IPG Mediabrands’ clients and delivers a competitive edge.
Acxiom in China
Acxiom empowers brands to integrate diverse touchpoints across both public and private domains, enabling the accumulation of valuable customer data assets from a wide array of platforms and social media channels, including Tmall, JD.com, Douyin, WeChat, official websites, and offline stores. Leveraging advanced data encryption technologies and rigorous data management protocols, Acxiom ensures the security and privacy compliance of customer data while delivering a unified Customer ONE-ID and comprehensive 360° customer profile. This provides deep, multi-dimensional customer insights that enhance data-driven decision-making. Furthermore, through its e-commerce and WeChat ecosystem solutions, Acxiom enables brands to gain a holistic understanding of omni-channel memberships and customer operations, unlocking the full potential of data to accelerate business growth.
Understanding the Scale andRichness of Acxiom Data
(China Excluded)
Of course, volume is far from the only factor governing the richness of data. Brands also need to think about the variety of sources from which data is drawn, as well as the accuracy and freshness of that data.
Acxiom’s data set is people based, with a mixture of demographic, transactional, and behavioral data associated with each individual ID. Drawing on different types of data provides a rich variety of lifestyle attributes, and means Acxiom’s footprint can be expanded to wider audiences. A data provider that relies solely on data from credit card transactions, for instance, would be unable to reach unbanked communities or underrepresented multicultural audiences who do not use credit cards.
There’s a lot of talk about real-time data refreshes. But this is currently only possible for data relating to behavior on client-owned websites. Acxiom Identity extends this reach by deploying client-owned pixels called rTAGs on client-owned and paid media. These rTAGs are first-party tags that capture interactions and help you understand you’re engaging with a known customer or prospect across your entire digital footprint. Because Brands own the corresponding private graph, operating costs are relatively low, which allows clients of any size and data maturity to benefit from this real-time data.Acxiom’s data spine is updated at different intervals depending on data availability. Stable data types such as demographic data, for example, are updated as frequently as monthly, faster moving behavioral data is updated weekly, and online customer data is updated in real-time. This mix provides a just-in-time blend of stability and current, actionable insight.
Leveraging Acxiom’s Easy-to-Integrate Technology
Building Bridges Beyond Cookies
While Google has changed its plans to force a deprecation of third-party cookies in Chrome, we know that it will be replaced with a new mechanism whereby users can choose to opt-in or -out. We are predicting a high opt-out rate, effectively creating a similar scenario to a complete deprecation event. In a world with severely diminished availability of third-party cookies, the ability to recognize people and activate audiences across devices – in both the open web and logged-in environments – is vital. Real ID enables brands to accurately identify and ethically connect with people anytime, anywhere, using a combination of private identity graphs and first-party tagging services. The strength of Acxiom’s referential graph allows for high fidelity in cross-domain identification, and means it is not dependent on client data.To enhance its already superior data and matching capabilities, Acxiom has best-in-class data partnerships, including 1:1 ID matching partners for client interoperability and technology integration. Other partnerships include Amazon, Google, LiveRamp, Meta, Salesforce, and The Trade Desk’s UID 2.0.
The IPG Identity Solution
Connecting the strengths of our teams to power a comprehensive global Identity solution.
Privacy Enabled by a Global Footprint & Strong Partnerships
With the rollout of global privacy regulations such as the EU’s GDPR, many data providers lost their data capabilities outside of the US.With Acxiom’s global data footprint and team of data acquisition and data protection experts, Brands can have confidence that the data Acxiom licenses is ethically sourced. In countries where Acxiom does not have local presence, it has direct integrations and enrichments with global leaders.
Data privacy and security have been a core tenet in Acxiom’s history as all records are ethically compiled. Key stats to demonstrate this commitment to data privacy include:
Acxiom’s privacy practices do not apply solely to how it builds data offerings, but extends to how clients’ first-party data is expanded and enriched. Acxiom’s private identity graphs are also developed based on 55+ years of privacy-by-design practices which is unique for agency holding companies.Clients’ first-party data can be matched and enriched through Acxiom, but the data stays within a partition that is only accessible to the client. When a client’s first-party data is activated through IPG marketing engine, matched Acxiom IDs are pushed through IPG Mediabrands technology, instead of the client’s data needing to move out of its protected environment.
Acxiom’s Data and Identity in Action
In today’s environment, with continually evolving privacy regulations and sky-high customer expectations around personalization, brands need a strong data and identity foundation. Access to Acxiom’s market-leading data and identity capabilities means IPG’s clients can have exactly that, giving them an edge in a world of fierce competition.