Adotas just got wind of this exclusive news about a partnership forming between Lotame and LiveRamp to help advertisers consolidate piles of offline customer data to more effectively target audiences online through demographic segmentation. The combined offering weaves together LiveRamp’s offline-online data matching solution within Lotame’s Crowd Control product.
What does this mean? Marketers currently work in two different worlds, online and offline, and have been using archaic tools like spreadsheets and manual notes to track offline campaign metrics from direct mail campaigns. It has been difficult to see the broader impact of multi-channel campaigns that span both online and offline mediums. Now through this partnership, offline data like customer purchase history, direct mail campaign data, email campaign metrics, loyalty program tracking, and database CRM solutions are now seamlessly integrated into online display ad campaigns for brands to reach their offline customer base. Advertisers can now look at what worked and what didn’t in an direct mail campaign and leverage this insight towards creating better online ads to target these same customers.
“Lotame partnered with LiveRamp to bring valuable offline data online seamlessly,” said Andy Monfried, CEO of Lotame. “This partnership is a crucial part of our Unifying DMP and we are thrilled to be able to help our clients activate this important data source.”
According to LiveRamp, this partnership enables advertisers to improve retargeting, analytics, and monetization. Here’s how it works: LiveRamp matches offline data keyed by postal or email address and places it online into anonymous audiences. Making that data available within Lotame’s Crowd Control enables more advertisers to use it for their targeted campaigns.
Brands can benefit from this product integration in a number of different ways. Here are some examples:
- Retail companies with online and offline storefronts can now bring their multiple data sets together into one powerful database to learn more about their consumers and target them more effectively.
- Offline data providers can monetize existing data by bringing the information online and by turning it into actionable data.
- Publishers with an offline subscription base can bring this offline data online without requiring a Paywall.
“Advertisers know the power of combining offline and online data,” said LiveRamp VP and GM Dan Scudder. “Our partnership with Lotame makes it easier than ever for marketers to bring their offline data online in a privacy-compliant manner, and leverage offline data for precision online marketing and analytics.”
Scudder continued, “If you have a database of 10 million customers, LiveRamp can help you target more than three million of them with online ads. We’re very pleased to be able to make our powerful data even more accessible.”