Adobe Audience Manager is a Data Management Platform (DMP). A DMP enables the management and organisation of data, from both devices and channels.
First off let us define the three types of data that DMPs deal with:
1st Party Data: is data collected by you- your organisation. For example, CRM, POS, Mobile APP engagement, beacons, etc.
2nd Party Data: A partner’s 1st party data, e.g. data shared between a credit card company and a retailer.
3rd Party Data: aggregated data from other sources and can be purchased, e.g. data purchased from providers such as Acxiom, Alliant, C-Centric; spend-patterns, demographic data
Onboarding and data ingestion is a key fundamental element of having a fit-for-purpose DMP. Data ingestion and onboarding must be done correctly and follow best practice from the onset.
As a DMP, Audience Manager has three key functions:
- Data In: involves aggregation of 1st party data to build a unique customer profile without housing any Personally Identifiable Information (PII)
- Audience Creation: this is when you can create audiences from groups of profiles, thereby developing a 360-degree customer profile. It has to do with the creation of audience segments.
- Data Out: activate your audiences by pushing segments to markets and enabling personalisation, e.g. through paid advertising or on-site experiences
Audience Manager has unmatched integrations with other Adobe solutions. Audience Manager can ingest data from solutions like Adobe Analytics and syndicate organised audience segments to a Demand Side Provider (DSP) like Media Optimizer, personalisation engine like Target, or the Experience Manager CMS.
Audience Manager Capabilities
- Organise customers/users into segments
- Enrich segments with 2nd and 3rd party data
- Use identity management tools to solve cross device issues
- Provide performance reporting at segment level
- Activate segments at marketing destinations for personalisation and suppression etc
A DMP does not:
- Store sensitive or PII data
- Buy or report on advertising
- Send email
- Complete site or app performance reporting
- Store creative assets
Here are five key Audience Manager Use Cases for any industry:
- Consolidate First-Party Data for Retargeting and Suppression
- Augment Audiences for Improved Personalisation
- Grow Reach with Lookalike Modelling
- Deliver Great Cross-Device Experiences
- Test and Optimise Audiences for Performance Improvements
Adobe Audience Manager can help business solve key business challenges by providing these benefits:
- Better Conversion: based on site conversation rate
- Improved Efficiency: based on cost per order
- Increased Order size based on average order value