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CDPs (Customer Data Platforms) are a hot topic in the MarTech World, but what is a CDP & why should you be interested?
Simply Put: A CDP is a technology that helps companies to unify, manage, analyse & activate their customer & prospect data.
Baseline CDP functionalities include collecting, consolidating, & cleaning customer data from numerous sources such as website data, CRM, & offline.
CDPs come with numerous out-of-the-box integrations for data ingestion & activation, allowing companies to save time & resource on R&D & infrastructure maintenance.
One of the main CDP usecases is creating a unified 360 customer profile, which enables deeper insights & data-driven decision making.
A unified 360 customer view in turn simplifies privacy data & consent management.
CDP enables businesses to use their 1st party customer & prospect data for personalisation, audience segmentation, & targeting & reduces reliance on 3rd party cookies
CDP can also be used for channel orchestration: a unified & consistent customer experience across multiple touchpoints.
From 360 customer view, to identity resolution, media orchestration, personalisation, & privacy management, we help you navigate key CDP concepts & topics
CDP offers several key business benefits, including centralised customer data, better insights & decision making, increased customer engagement & efficiency
CDPs offer a wide range of business usecases to better understand & engage with your customers through data onboarding, unification, analytics & activation. But what is a standard & what you should expect to see as a baseline?
A Customer Data Platform deployment & roll-out can be a complex process, but a well-designed implementation roadmap, clear scope & success criteria can help deliver a positive business outcome