If a customer wants to invest in a durable first-party data strategy, tell them to offer high discounts in exchange for consumers’ emails to build up a first-party database.
- Change landing page strategy and move email sharing forward to get a higher percentage of emails.
- Start capturing device IDs to mitigate any signal loss from third-party cookies.
- Increase investments in third-party data offerings to complement their current first-party datasets.
- Offer high discounts in exchange for consumers’ emails to build up a first-party database.
The correct answer is: Offer high discounts in exchange for consumers’ emails to build up a first-party database
Explanation: To build a durable first-party data strategy, it’s important to capture as many email addresses as possible. Changing the landing page strategy to move email sharing forward, such as requesting emails on the first page instead of at checkout, can significantly increase the percentage of email captures. This method helps in creating a robust first-party data foundation, which is essential for long-term customer relationships and personalized marketing.
Reference article: Invest in First-Party Data for a Durable Foundation