A Media Data Model: What It Is and Why You Need One

A Media Data Model: What It Is and Why You Need One

Martech — Tue., Sep. 21, 2021

Waste in the paid media ecosystem is a big problem, with up to 74% of total media spend estimated to be wasted. To address this, marketers should look beyond campaign-level data and create a foundational media data model. This model should include a single source of truth and technology integrations. Benefits of this model include uncovering the impact of fraud, understanding fees, and enabling data-driven decisions.

To build a media data model, marketers should assess their current state. Excel and CSV feeds, API integrations, and log files all provide varying levels of data visibility. Brands can save 10-25% by building this model, and even up to 50-60% with log files. Creating an action plan of identifying gaps, building strategies, and investing in capabilities is essential.

A foundational media data model can help brands unlock millions in media spend and lead them to a new journey of trust, optimization, and automation in digital media. Knowing what data is available and understanding how to use it will help marketers make data-driven decisions and drive better results.

... continue reading below
Sign up for free to read the full article.
Enter your email address to continue reading

A Media Data Model: What It Is and Why You Need One

Don't worry ... it's FREE!

Already a member? Sign in now.

Related Articles

The Secret to Scalable B2B Marketing and Sales: Business Automation

The Secret to Scalable B2B Marketing and Sales: Business Automation

Learn how business automation enhances B2B marketing and sales by improving efficiency, personalization, and lead generation. Read more.

Businesses' Martech Plans for the Next 12 Months

Businesses' Martech Plans for the Next 12 Months

Some 99% of businesses plan to make some changes to their martech stack in the next 12 months, according to recent research.

Top 5 Ways to Improve Team Efficiencies With Marketing Automation: Common Missteps and Tips for Success

Top 5 Ways to Improve Team Efficiencies With Marketing Automation: Common Missteps and Tips for Success

Discover five ways marketing automation improves efficiency, learn how to avoid common implementation mistakes, and get tips for long-term success. Read more.

Martech Replacement Trends in 2024

Martech Replacement Trends in 2024

Which types of marketing technology are replaced most often? Why do marketers decide to replace martech solutions? To find out, researchers surveyed 496 marketers from around the world.

Top Marketing Automation Tools: A Brief Comparison

Top Marketing Automation Tools: A Brief Comparison

Learn about some top marketing automation tools that can streamline your campaigns and improve customer engagement. Read more.

Unlock the Power of First-Party Data With the CDP Approach

Unlock the Power of First-Party Data With the CDP Approach

Learn why customer data platforms (CDPs) are crucial for leveraging first-party data to improve marketing strategy and customer engagement. Read more.

Subscribe to the MarketingProfs Today newsletter