Home It’s Criteo’s Turn To Jump Into The Cross-Device Fray

It’s Criteo’s Turn To Jump Into The Cross-Device Fray

SHARE:

CriteoCross-deviceCriteo is looking to crack the cross-device nut with deterministic data.

The French retargeting company launched a cross-device solution Tuesday that uses hashed email addresses – got to watch that personally identifiable information – to connect consumers across mobile web, apps and desktop. The solution is in the process of being rolled out to current customers.

It works like this: Criteo, which according to comScore reaches nearly 1 billion global consumers each month, enables its advertiser and publisher clients to use anonymized versions of email addresses as unique identifiers. From there, Criteo can use the hashed IDs to track a consumer’s browsing and shopping behavior. Over time, Criteo determines where users are most likely to be influenced by advertising and where they’re most likely to make their ultimate purchase. Personalized ad and product suggestions courtesy of Criteo’s internal recommendation engine follow.

It’s cross-device fueled by data about intent – and for that, probabilistic matching just wouldn’t do, said Rob Deichert, Criteo’s managing director for North America.

“When you look at all of the major players like Google and Facebook, they all have authentication,” Deichert said. “We found that a probabilistic match just doesn’t have the accuracy we want. That’s why our focus has been around making an exact match, which essentially allows us to create a kind of network effect to track behaviors everywhere.”

Which is exactly what the advertiser wants. But deterministic matching also enables a smoother opt-out process for consumers. As Deichert noted: “How do you opt out of a remarketing campaign across multiple devices if it’s done through a probabilistic match?”

For the moment, Criteo plans to focus on the online retail and travel segments, although there “isn’t actually a specific use case” for the cross-device tool, Deichert said. “And that’s because it’s always different. The machine is learning and figuring it out as it goes along. It’s more about connecting the dots.”

Criteo’s new cross-device offering fits in neatly with its heritage as a company that revolves around performance-based advertising in the lower part of the funnel, Deichert said.

“A lot of the tools out there are applied to the upper funnel, for example, extending audience,” he said. “At the end of the day, we have to tie spend back to ROI for our advertisers, because our clients expect a certain return on ad spend – our product has to fit within that model or it’s useless.”

Must Read

AWS Launches A Cloud Infrastructure Service For Ad Tech

AWS RTB Fabric offers ad tech platforms more streamlined integrations with ecosystem and infrastructure partners, allegedly lower latency compared to the public internet and discounts on data transfers.

Netflix Boasts Its Best Ad Sales Quarter Ever (Again)

In a livestreamed presentation to investors on Tuesday, co-CEO Greg Peters shared that Netflix had its “best ad sales quarter ever” in Q3, and more than doubled its upfront commitments for this year.

Comic: No One To Play With

Google Pulls The Plug On Topics, PAAPI And Other Major Privacy Sandbox APIs (As The CMA Says ‘Cheerio’)

Google’s aborted cookie crackdown ends with a quiet CMA sign-off and a sweeping phaseout of Privacy Sandbox technologies, from the Topics API to PAAPI.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

The Trade Desk’s Auction Evolutions Bring High Drama To The Prebid Summit

TTD shared new details about OpenAds features that let publishers see for themselves whether it’s running a fair auction. But tension between TTD and Prebid hung over the event.

Monopoly Man looks on at the DOJ vs. Google ad tech antitrust trial (comic).

How Google Stands In The DOJ’s Ad Tech Antitrust Suit, According To Those Who Tracked The Trial

The remedies phase of the Google antitrust trial concluded last week. And after 11 days in the courtroom, there is a clearer sense of where Judge Leonie Brinkema is focused on, and how that might influence what remedies she put in place.

The Ad Context Protocol Aims To Make Sense Of Agentic Ad Demand

The AI advertising agents will need their own trade group eventually. For now though, a bunch of companies are forming the Ad Context Protocol, or AdCP.