So, You Are Going To Add A CDP To Your MarTech Stack?

Community So, You Are Going To Add A CDP To Your MarTech Stack? Anthony BrandaFebruary 07, 2023MarTech Stack concept iStock Photo Licensed to Anthony Branda {"adCodes": [{"desktop": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e", "display": true, "mobile": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e", "new_amp": "\u003camp-ad width=336 height=280\n type=\"doubleclick\"\n data-slot=\"/22278042776,22664312254/wit/wit_content\"\n data-multi-size=\"300x250\"\u003e\n\u003c/amp-ad\u003e", "order": 0, "tablet": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e"}, {"desktop": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e", "display": true, "mobile": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e", "new_amp": "\u003camp-ad width=336 height=280\n type=\"doubleclick\"\n data-slot=\"/22278042776,22664312254/wit/wit_content\"\n data-multi-size=\"300x250\"\u003e\n\u003c/amp-ad\u003e", "order": 1, "tablet": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e"}, {"desktop": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e", "display": true, "mobile": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e", "new_amp": "\u003camp-ad width=336 height=280\n type=\"doubleclick\"\n data-slot=\"/22278042776,22664312254/wit/wit_content\"\n data-multi-size=\"300x250\"\u003e\n\u003c/amp-ad\u003e", "order": 2, "tablet": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e"}], "adsOrder": [2]}

An Executive’s Perspective

The industry defines a CDP as a platform that centralizes customer data from multiple sources and makes it available to systems for insight and engagement tasks. This definition is dated as modern CDPs include not only customer data but also the ability to ingest prospecting data and partnership data in a secured environment.

The 4 Key Considerations When Evaluating Customer Data Platforms (CDPs) Customer data platform (CDP) concept

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Considerations

Key capabilities you may want any CDP platform to perform:

  • Data management: ability to assemble customer profiles - the infamous 360 view
  • Cross-channel marketing and digital advertising - ecosystem and APIs
  • Data delivery for analytics and customer engagement
  • Security features that allow for sharing data with partners

The CDP market is highly fragmented, with each vendor type focusing on a specific industry and/or specializing in a particular functionality. It is important to note that many providers may say they can provide every feature functionality. Still, the art and the science of evaluating CDP vendors are determining which vendor is good at the dimensions deemed to be important for the business problems and opportunities you are trying to solve.

I suggest conducting pre-RFP benchmarking and competitive intelligence using resources such as user experience interviews, industry publications, and commercial research firms. The output will give you an overview of which vendors, software providers, and consultants are good at solving the various pain points that are important to your specific situation. Remember to ask for client references upfront from the CDP vendor. If you need assistance with benchmarking activities, there are service providers that can help with all aspects of these tasks, from organizational needs assessment to the purchase and integration of tools. Please feel free to reach out to me for more ideas.]

Some of the largest vendors in the CDP space include SAS, Tealium, Twilio Segment, and Zeta Global. However, several cloud-based data lakehouses (e.g., Snowflake or Google, etc.) offer accelerators and partner APIs to link campaign data to CDPs, thus making the vendor/provider landscape more competitive than ever before.

Evaluation Criteria Data management platform concept

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CDP capability sets are focused in four areas, and so the relative importance of meeting needs within these areas must feed into an organization’s decisioning. The four capabilities areas to assess are:

1. What level of data management does the CDP provide?

CDP data management includes:

  • Creates a 360° view
  • Data governance
  • Data transformation and modeling
  • Attribute and feature calculation
  • Merge/append and matching - classic marketing database features
  • Modern platform for streaming analytics and real-time data
  • Providing access and data sharing by internal and external systems

2. What level of cross-channel marketing and campaign automation does the CDP provide?

CDP orchestration for cross-channel customer engagement:

  • Ability to create profiles and segmentation for target marketing
  • Provides audiences with engagement management platforms for personalization
  • Ability to automate marketing campaigns with channel integrations and delivery capabilities:
    • Some CDPs include native campaign management software, incorporating a GUI or a campaign design interface for database teams and marketers to program, with conversation decision rules kicking off based on customer behavior
    • CDP may include some level of native channel integration and channel send capability (for example, email marketing, mobile messaging, etc.)
    • This flavor of CDP has a native decision engine for the automation of campaign rules

NOTE: While some CDPs may have personalization and product recommendation engines, these functionalities may not result in a fully automated campaign management CDP which typically includes programming of campaigns via workflow and channel send capabilities (see above).

3. What level of analytics and measurement does the CDP provide?

Some CDPs (but not all) can:

  • Collect data on predefined metrics to measure campaigns
  • Provide customer analyses
  • Integrate and provide data to specialty analytics tools
  • Integrate third-party model code and apply model scores

NOTE: CDPs that are measurement and insights-oriented may offer reporting, modeling, and other marketing and customer journey analytics features.

4. What security features are available?

  • Allow for partner data sharing without exposing PII
  • Allow for security and access controls based on internal standards
  • Are set up to comply with the GDPR/CPPA
  • Some CDPs that are part of data lakehouses have highly secured data zones that allow for the restriction of data at the field and user levels
Evaluation Process MarTech (marketing technology) concept

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My preferred process for evaluating CDPs is to identify all solution options based on an understanding of your:

  • Internal gaps within the current marketing infrastructure
  • The use cases your organization is trying to drive
  • Knowledge and skill sets within your organization

And remember, CDPs fit within a broader business ecosystem, but many also come standalone. For example, you can purchase Adobe Campaign or Salesforce Marketing solutions, or you can buy their entire marketing automation ecosystem.

In closing, CDPs should be reviewed in the context of the existing MarTech stack and the feature functionality gap. A critical factor in CDP evaluation is the work and resources needed to integrate your current infrastructure at upstream and downstream connect points.

As always, I’d like to hear from you. How have you and others in your organization evaluated CDPs? Are there other criteria I have not mentioned? What challenges have you faced in the evaluation stage...and how were they overcome? Contact me for more information at [email protected].

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add cdp to martech stack {"customDimensions": {"1":"Executive Community, Anthony Branda","3":"add cdp to martech stack, cdps, martech, digital marketing, customer data platform, cdos, chief digital officer, omnichannel, 360 view, customer centricity, tcs, analytics hall of fame, customer data platforms","2":"community","4":"02/07/2023"}, "post": {"split_testing": {}, "providerId": 0, "sections": [0, 544324100, 544398568, 544398580, 544398581, 473333499, 479660731], "buckets": [], "authors": [21030904, 25270454]} } Badge8 Ways You're Being SHUT OUT Of The Hiring Process1-hour workshop to help job seekers figure out what's getting them tossed from the hiring processCover Letter 3 Tips For Overcoming Your Biggest Job Search FEARS Jenna ArcandSeptember 28, 2022Work It Daily's live event "3 Tips For Overcoming Your Biggest Job Search FEARS" {"adCodes": [{"desktop": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e", "display": true, "mobile": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e", "new_amp": "\u003camp-ad width=336 height=280\n type=\"doubleclick\"\n data-slot=\"/22278042776,22664312254/wit/wit_content\"\n data-multi-size=\"300x250\"\u003e\n\u003c/amp-ad\u003e", "order": 0, "tablet": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e"}, {"desktop": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e", "display": true, "mobile": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e", "new_amp": "\u003camp-ad width=336 height=280\n type=\"doubleclick\"\n data-slot=\"/22278042776,22664312254/wit/wit_content\"\n data-multi-size=\"300x250\"\u003e\n\u003c/amp-ad\u003e", "order": 1, "tablet": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e"}, {"desktop": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e", "display": true, "mobile": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e", "new_amp": "\u003camp-ad width=336 height=280\n type=\"doubleclick\"\n data-slot=\"/22278042776,22664312254/wit/wit_content\"\n data-multi-size=\"300x250\"\u003e\n\u003c/amp-ad\u003e", "order": 2, "tablet": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e"}], "adsOrder": [2]} Are you terrified of screwing up a job interview? Does the thought of writing a cover letter horrify you? Are you scared to network with others? What do you even say, anyway? If you're struggling to overcome your job search fears, this live event is for you.

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Sign-up buttonRead moreShow lessjob search fears {"customDimensions": {"1":"Executive Community, Jenna Arcand","3":"live events, career events, j.t. o'donnell, jt o'donnell, christina burgio, career advice, career, career growth, professionals, job search, job seekers, job interview, job search tips, job search advice, interview, job interview tips, interview tips, job search fears, overcome job search fears, networking, cover letter, resume, writing a cover letter, job search strategy, job search help, looking for a job, unemployed","2":"cover-letter","4":"09/28/2022"}, "post": {"split_testing": {}, "providerId": 0, "sections": [0, 376490081, 562457120, 370480899, 376490053, 376489574, 376491143, 376489962, 404327439, 376489624, 479660731, 543270555, 473310813, 473333499], "buckets": [], "authors": [21030904, 19836096]} } Get Some LeverageSign up for The Work It Daily NewsletterEnter emailSubscribeFollow window.googletag = window.googletag || {cmd: []}; googletag.cmd.push(function() { googletag.defineSlot('/22278042776,22664312254/wit/wit_multiplex', ['fluid'], 'wit_multiplex').addService(googletag.pubads()); googletag.enableServices(); googletag.display('wit_multiplex'); }); Popular 3 Pre-Interview Confidence Boosters CareerBlissJenna ArcandFebruary 07, 2023Confident woman shakes the hand of the hiring manager before a job interview Bigstock {"adCodes": [{"desktop": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e", "display": true, "mobile": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e", "new_amp": "\u003camp-ad width=336 height=280\n type=\"doubleclick\"\n data-slot=\"/22278042776,22664312254/wit/wit_content\"\n data-multi-size=\"300x250\"\u003e\n\u003c/amp-ad\u003e", "order": 0, "tablet": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e"}, {"desktop": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e", "display": true, "mobile": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e", "new_amp": "\u003camp-ad width=336 height=280\n type=\"doubleclick\"\n data-slot=\"/22278042776,22664312254/wit/wit_content\"\n data-multi-size=\"300x250\"\u003e\n\u003c/amp-ad\u003e", "order": 1, "tablet": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e"}, {"desktop": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e", "display": true, "mobile": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e", "new_amp": "\u003camp-ad width=336 height=280\n type=\"doubleclick\"\n data-slot=\"/22278042776,22664312254/wit/wit_content\"\n data-multi-size=\"300x250\"\u003e\n\u003c/amp-ad\u003e", "order": 2, "tablet": "\u003cdiv class=\u0027rblad-wit_content\u0027\u003e\u003c/div\u003e"}], "adsOrder": [2]}

Sweaty palms. Shaky voice. Blank mind. These symptoms of nervousness can seriously sabotage a job interview, no matter how prepared and qualified you are.

To quell these natural responses and help you muster more confidence in anxious situations, consider these quick pre-interview confidence boosters so you can perform better right before your next job interview—no energy drinks or cheesy motivational speeches required!

Amy Cuddy, social psychologist at Harvard Business School, talked about what people do while waiting for a job interview to start in a popular TEDGlobal presentation.

“You're sitting down. You're looking at your iPhone or Android. You're looking at your notes."

This common waiting room behavior is not really ideal for maximizing your confidence right before an interview. Instead, the following activities will make you way more confident before meeting a potential boss:

1. Strike A Power Pose For Two Minutes Confident job candidates wait to be interviewed

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According to Cuddy, rather than hunching up and making yourself small in the waiting room chair as you scramble to soak up last-minute notes or practice one final interview question, you should actually find a private place to do what Cuddy calls a power pose.

There are a few variations, but the Wonder Woman pose is easy to remember. So, 10 minutes before your interview, go somewhere private, like the bathroom, and strike a strong pose where you can take up as much space as possible.

2. Repeat A Positive Affirmation Confident man waits before his job interview

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"Repeating a positive affirmation can reduce production of cortisol and stress hormones by almost 50%, slow the mind, lower your blood pressure and heart rate, and make you feel confident and powerful," says Kathleen Hall, founder and CEO of The Mindful Living Network and the Stress Institute.

Hall offers the following examples:

  • I am confident in all things.
  • I have unlimited potential.

Joyce Marter, psychotherapist and CEO of Urban Balance, would agree and suggests deep breathing while you recite a positive mantra in your head "using language you will want to use in the interview, such as 'I absolutely will succeed in this job if given the opportunity.'"

You might feel a little silly at first, but these words will help you emit a more positive appearance—and that sure beats a nervous one!

3. Read Over Nice Things People Have Said About You Confident woman greets the hiring manager with a handshake during a job interview

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Thinking back to a time when you were successful and confident is a great way to recreate that confidence right before an interview. A quick and easy way to do this is to print out and compile anything nice someone has said about you. Read old letters of recommendation, LinkedIn endorsements, letters, or notes from colleagues or teachers that have boosted your confidence in the past.

If you're not really feeling this method, "quickly review your biggest accomplishments in your head before going into the interview," says Katherine Walker, founder and executive director of Lifetime Behavioral Health. "This trip down memory lane will instantly create a sense of confidence and serve to get your brain thinking about items the interviewer will no doubt ask you about." It's the best way to remind yourself that all of your previous experiences have helped shape you and prepare you to succeed in this job interview!

We hope these three tips will help you feel more confident during your next interview so you can land that dream job!

Need more help with your job search?

We'd love it if you signed up for Work It Daily's Event Subscription! Get your career questions answered in our next live event!

This article was originally published at an earlier date.

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It's taking longer to get hired, folks. This is according to an article on LinkedIn showing that the U.S. Department of Labor has reported that over 800,000 unemployed workers went from taking three and a half months to find a job to over six months. That's up 36% since April of 2022.

So, why is it taking longer to get hired?

Why It's Taking Longer To Get Hired @j.t.odonnell It's Taking Longer To Get Hired, Here's Why... #hired#careertok#jobtok#careeradvice#jobsearch#linkedin#jobtips#joblife#job#career♬ original sound - J.T. O'Donnell

Reason #1

The first reason why it's taking longer to get hired is the talent market is flooded. In the second half of 2022, in the tech sector, more people got laid off than during the entirety of the Great Recession of 2008. And the layoffs keep coming. Google just announced more layoffs. So, due to all of these layoffs, there's a lot of top talent flooding the market right now—professionals who have desirable, in-demand skill sets and experience.

Reason #2

If you are unemployed for a while, either voluntarily or involuntarily (you quit or got fired), it's going to be harder for you to get a job now because companies are going to question why you've been out of work so long. This is definitely a factor in why it's taking longer for you to get hired. Is it right or fair? No, but it's the reality. There's a stigma surrounding it. Companies are going to hire the people that are employed or just recently let go in a public layoff first before they look at the candidates who've been unemployed for a month or two.

So, what can you do to speed up your job search?

Here are some simple tips to follow:

  • Customize your resume for each position you apply for
  • Write a disruptive cover letter
  • Identify your "dream companies" and add them to your interview bucket list
  • Build and utilize your professional network
  • Prepare for job interviews by conducting mock interviews with friends
  • Need more help with your job search?

    I'd love it if you signed up for Work It Daily's Event Subscription! I look forward to answering all of your career questions in our next live event!

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    Originally posted on: https://www.workitdaily.com/add-cdp-to-martech-stack