Mind the (Data) Gap: What CPGs need for retail-intelligent advertising and ecommerce success
What’s changed: Without direct customer relationships, CPG marketers lack vital consumer data
The world of shopping and selling online has changed. CPG marketers are getting pulled into new areas of focus which require true data maturity and the lack of data is now a real issue. To manage the gap, they must understand what data they have, what data they need, how to fill their data gaps, and how to apply and operationalize the data once they have it successfully.
What’s missing? New, critical areas where CPG marketers need data
The CPG landscape has changed dramatically over the last five years. As more consumer buying behavior migrates offline to online, CPG marketing budgets have followed. The digital transformation isn’t new, but its dramatic acceleration has caught many companies off guard and unprepared.
Additionally, new competition from direct-to-consumer (DTC) and private-label brands are forcing CPGs to rethink their market strategies. To fuel data-driven decision making, CPG marketers need much more consumer data than ever before.
Read this report to learn about the kinds of data CPG marketers need, ways they can get that data, and how best to use it once they do.Read the Report