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Bye Bye, Third Party Data Tracking (feat. Ben Parr, President and Co-Founder of Octane AI)

Future Commerce · with Ben Parr · August 13, 2021 · 49 min

Summary

With the impending "cookie apocalypse" and iOS 14.5 changes severely impacting third-party data tracking, ecommerce brands must shift to collecting zero-party data. This episode highlights how to directly gather customer insights through engaging quizzes and conversational pop-ups, enabling hyper-personalized marketing and reducing reliance on rented advertising relationships. Implementing these strategies is crucial for maintaining effective targeting and improving conversion rates in a privacy-first world.

Key takeaways

Themes

dtc strategyconversion & crocustomer retentionai & automation

Topics covered

zero-party datafirst-party datathird-party data trackingcookie apocalypseios 14.5 privacy changesshopify quizzesconversational pop-upspersonalizationcustomer data platformsemail marketing automationsms marketingretargeting ads

Episode description

Ben Parr, President and Co-Founder of Octane AI joins the pod to chat zero-party data, the tools being used in third-party and zero-party data, and what the future of data collection means for brands in a cookieless future. Listen now!

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Frequently asked about this episode

What does this episode say about dtc strategy?
Invest in zero-party data collection tools like quizzes and conversational pop-ups to directly gather customer preferences and intent, mitigating the impact of third-party cookie deprecation and iOS privacy changes.
What does this episode say about conversion & cro?
Leverage zero-party data to personalize customer experiences across all channels, from initial website interactions to email and SMS campaigns, significantly boosting conversion rates and customer satisfaction.
What does this episode say about customer retention?
Integrate zero-party data platforms with existing marketing tools (e.g., Klaviyo, Zapier) to ensure data is actionable across your tech stack and avoid silos.
What does this episode say about ai & automation?
Focus on collecting explicit opt-ins and valuable customer profile data early in the funnel to build owned relationships and reduce long-term reliance on expensive retargeting ads.
What does this episode say about dtc strategy?
Understand that first-party cookies will remain, but third-party tracking will vanish, making direct data collection and personalized customer journeys essential for survival and growth.

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