Advertisers’ use of outsourced data to help target consumer segments is increasing dramatically
Data is used for everything, from predicting presidential elections to figuring out Lebron James’ shooting percentage. And the ever-increasing influence of data is granting it an increasingly vital role in several industries and applications, with advertising at the top of the list.
Nearly every online advertiser is using audience targeting to create more efficient campaigns, and that requires Big Data—and the more data, the better. But when internal data plus whatever can be gleaned from the supply side isn’t enough, brands are looking outside these boundaries for external customer insights.
TubeMogul, an online video brand advertising firm, found that 70.9% of marketers operating in the organization’s platform utilized third-party data in their targeting mix, which is more than double the number from last year. This increased use of data is being driven by results: TubeMogul reports that viewers of an audience-targeted video spot voiced an intent to purchase that was 3.2% higher than that of a control group that didn’t see the targeted ad.









