This move will reshape the internet, and change how publishers, advertisers, brands and marketers operate.
“View-through attribution, third-party data, DMP and multitouch attribution will be ‘dead’ under the proposals. We’re now facing a world with significantly less measurement and targeting.”
What does this mean? Initial thoughts:
- Less audience targeting from 3rd party cookies => more need for audience insights from other data sources. Owned web properties will become more important.
- Google’s stranglehold on advertising will tighten, as Chrome will track engagement metrics instead.
- Throwing money at supposedly targeted distribution will stop appealing to advertisers, many of whom are already suspicious of the purported ROI of such campaigns.
- Digital ads we see will become less obviously personalised to us.
- Instead, marketing will need to work on its merits – attracting audiences via sustained campaigns based around creative concepts rather than algorithms.
- Yet another revenue source will be cut off for publishers, making it harder than ever to fund traditional journalism.
- This will in turn either open up more gaps for niche non-profit publishers (and brands) to fill, or lead to a decline in the amount of content produced.
Interesting times…