Composable CDP GrowthLoop and data firm TransUnion introduced a brand new partnership to optimize viewers attain and advert spend. The partnership will deliver collectively GrowthLoop’s CDP capabilities and TransUnion’s TruAudience Advertising and marketing Options. TruAudience’s id graph relies on knowledge from greater than 98% of U.S. shoppers.
The issue that’s the focus of this partnership is the reported low match fee between a enterprise’s first-party knowledge and the third-party knowledge from promoting platforms like Google and Fb. This may result in campaigns reaching non-optimal audiences. The declare is that GrowthLoop customers, by getting access to TransUnion’s knowledge, will have the ability to obtain higher id decision and enhanced viewers attain.
Dig deeper: TransUnion unveils enhanced id graph for entrepreneurs
Advantages of GrowthLoop’s Enhanced Match Price. Enhanced Match Price, as the brand new functionality is named, is aimed toward:
- Partaking greater percentages of goal audiences on paid channels.
- Higher suppressing present prospects or latest purchasers.
- Supporting extra seamless cross-channel experiences.
- Driving extra significant knowledge from campaigns.
The answer shall be obtainable to GrowthLoop prospects within the first half of 2024.
Why we care. Entrepreneurs will not be giving up on viewers attain simply because third-party cookies are set to be deprecated on Chrome. Among the many many alternate options are id graphs that may match knowledge from totally different sources to a unified profile. TransUnion, with its background in credit score reporting, is simply one of many companies on the market sitting on a ton of viewers knowledge. Make that knowledge accessible in a CDP and simply perhaps you’ll be reaching the suitable viewers — and in a privacy-compliant method.