DIGITAL ROUNDUP - MAY 2024
Welcome to this month’s edition of the roundup to some core updates in the digital advertising industry.
NB: the following represents my own opinion
Google delay 3rd Party Cookie Deprecation to 2025
Google have announced that they will be postponing the deprecation of third party cookies for a third time, into 2025, due to concerns raised by the CMA & now more interestingly, ICO in the UK (https://privacysandbox.com/news/update-on-the-plan-for-phase-out-of-third-party-cookies-on-chrome/)
DEEPDIVE
The expectation of some form of delay for 3PC deprecation on Chrome was to all extents, expected, given the previous concerns raised by the CMA in the Q423 report into the Privacy Sandbox as a means to replace functionality on the browser without reliance on 3PC.
Though whilst a lot of that was never going to be fixed within a 3 month window, the amount of flak going towards the Chrome team is now ultimately becoming a nuisance vs achieving what is evidently a better world without 3rd party cookies.
Yes Google will no doubt benefit, particularly in the advertising space & they have ad solutions which do not really require the privacy sandbox to operate with. But the point of 3rd party cookies is not just an advertising use case, it is about privacy to which the lesser known proposals e.g. CHIPS or Shared Storage API are very much inline with a privacy centric world, which can hopefully also co-exist on a W3C level across browsers.
For the advertising use cases, Google has its work cut out to make the likes of Topics, Protected Audiences & Attribution Reporting APIs more useful but also not favouring themselves. But it is moving in the right direction & I’m sure a lot of advertisers are happy that Q424 peak season is no longer at risk.
But for the more smarter brands, you can already do a lot of things without 3rd party cookies & to some degree 1st party cookies. It is time to take that leap, make the adjustments & see the Privacy Sandbox as just another means alongside a more holistic approach to digital web based advertising.
US Senate takes on privacy with federal moves & tiktok ban
US lawmakers surprisingly have moved towards the potential of some form of federal privacy law dubbed the American Privacy Rights Act (APRA) whilst also doubling down on their intent to ban TikTok if ByteDance refuses to sell.
(https://www.wired.com/story/apra-congress-online-privacy-proposal/)
(https://apnews.com/article/tiktok-ban-congress-bill-1c48466df82f3684bd6eb21e61ebcb8d)
DEEPDIVE
The US regulator / Senate office have had quite the active month of April, with two major updates that if both occur, would send shockwaves into the US advertising space and beyond.
The first is the introduction of the APRA, which would act as a Federal level law to protect consumer privacy beyond the state specific approach seen with the likes of California’s CPRA. This is very interesting given it’s similarities to how GDPR operates & will be quite the shock for US states who have not introduced any measures so far.
For advertisers, there would be likely a sense of relief to only have to plan for 1 approach across the entire country vs the more complicated state approach as seen now. Solutions like the IAB’s GPP as a consent mechanism would also likely be critical to this move.
On the other side, ByteDance’s presence in the US has taken another turn with the US Senate passing a bill to effectively ban TikTok, should ByteDance not sell. This would open up a space both in the consumer social media space but also the ad spend attributed to TikTok.
As seen in India when they banned TikTok, it was actually Meta & particularly Instagram that benefited the most. The US though has more maturity in it’s ad market so could be open to other spaces / medium entirely. But one thing is for certain if TikTok does go, the Walled Gardens win again.
OtHeR KEY CALLOUTS
SOCIAL / SEARCH HIGHLIGHTS 📱
Meta are expected to bring some form of ads product to Threads this year (https://digiday.com/marketing/metas-threads-expected-to-have-ads-this-year/)
Snapchat have announced further integrations with Snowflake & Appsflyer to futureproof its tracking capabilities (https://forbusiness.snapchat.com/blog/future-proofing-your-ads-on-snapchat)
Reddit has launched its dynamic product ads solution to take on the social giants for ecommerce (https://www.redditinc.com/blog/expanding-our-shopping-ecosystem-introducing-dynamic-product-ads)
TikTok have announced some new brand safety solutions, with some 3rd parties supporting (https://www.tiktok.com/business/en/blog/tiktok-launches-new-brand-safety-innovations)
Google have announced some updates for PMax campaigns including account ip exclusions & audience reporting (https://support.google.com/google-ads/answer/14817268?sjid=9677298513898962730-EU)
PROGRAMMATIC HIGHLIGHTS 🌐
Taboola have announced a premium publisher curated solution dubbed Taboola Select, but at this point it may be too late to find any quality from this type of partner (https://www.taboola.com/press-release/taboola-introduces-taboola-select)
On a similar note, Teads have moved towards a MFA free space based on some partnerships to avoid this, as a welcome move to clean up open web buying (https://www.teads.com/mfa-free/)
The MRC have introduced some updated definitions on invalid traffic, which starts to move into the realm of MFA in a similar context to where ISBA / IAB have gone (https://www.mediaratingcouncil.org/sites/default/files/Standards/2024_IVT_Interim_Updates_FINAL.pdf)
Google have announced some DV360 updates around video & IAB alignment with PAIR (https://blog.google/products/marketingplatform/360/newfront-2024/)
IDENTITY HIGHLIGHTS 🆔
ID5 have announced a new round of funding & intention to push into the App / CTV space (https://www.businessinsider.com/id5-pitch-deck-adtech-company-raises-20-million-series-b-2024-4)
A great read from Magic Numbers on 3rd party cookies (https://magicnumbers.co.uk/articles/the-great-day-of-3rd-party-cookie-anger-has-come-and-who-can-stand-upright/#)
WARC report on the state of measurement showcases only 2% of advertisers have MMM / Experimentation / Attribution, which is quite a shambolic state of affairs (https://www.performancemarketingworld.com/article/1869672/advertisers-not-fully-prepared-demise-third-party-cookies-warc-says)
Good read from TTD’s Stuart Colman on identity (https://www.performancemarketingworld.com/article/1868520/identity-fabric-enables-personalisation-privacy-first-era)
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