Just one in seven of the North American professionals polled said that they are able to identify audience members extremely well. Most respondents indicated that they can identify their audience fairly or somewhat well.
How Well Do Marketing Professionals in North America Rate Their Company’s Ability to Identify Its Addressable Customers/Audience Across Channels*? June 2018 (% of respondents)
The Winterberry Group and DMA study forecasts that the US marketing identity sector will grow from $900 million in 2018 to $2.6 billion in 2022. The report also underscores how marketers have mixed confidence in demographic data.
Two-thirds of the 300 US marketers Lotame surveyed in May 2018 said they were somewhat confident in the demographic data they purchase. And just one-fifth were very confident in this data.
A previous study in January 2018 by Winterberry Group and DMA showed that improving audience segmentation is a top campaign management goal for marketers. Of the 450 advertisers, publishers and tech developers surveyed, 62.0% said that improving audience segmentation to support better ad targeting was one of their top campaign management priorities.