Home Online Advertising Some Brands Are Still Taking A ‘Lackadaisical Approach’ To Post-Cookie Prepping

Some Brands Are Still Taking A ‘Lackadaisical Approach’ To Post-Cookie Prepping

SHARE:
One more year ...

The prolonged phaseout of third-party cookies on Chrome lends itself to simile.

You could compare it to changing the wheels on a speeding bus or swapping out the engine of an airplane in flight.

Or you could say it’s like moving to a new neighborhood and hoping it’s nicer than the last place you lived, said Ana Milicevic, a principal at Sparrow Advisers, speaking at an identity-focused event hosted by ID5 in New York earlier this week.

Getting ready for the end of third-party cookies is also not unlike forcing people who aren’t friends to trust each other enough to all jump into a lake at the same time while holding hands, said Mathieu Roche, CEO and co-founder of ID5.

“It’s like being on heroin and changing to methadone,” someone called out from the audience.

That’s certainly one way to put it.

This is not a test

Despite their perilous position, some companies are still taking a “rather lackadaisical approach” to planning for post-cookie identity, Milicevic said.

Coupled with the shortness of the timeline, it’s like they’re “hitting the snooze button,” she said. And when the alarm goes off next July or August, people who aren’t ready will have a rude awakening.

Barring action by the UK’s competition authority, which has oversight of the Chrome Privacy Sandbox, the phaseout of third-party cookies finally appears to be on track for 2024 – coming at you like the slowest-moving freight train.

The testing of alternative identifiers has also been a slow process. There are a few reasons for that.

For one, if cookie replacements aren’t as readily available as the drug they’re replacing, it’s not easy convincing companies to move away from more familiar signals.

“Orchestration is challenging when you have quarterly targets and you still have to keep making money somehow,” Milicevic said.

Not ‘it’

But there’s also the question of times and resources.

Companies, whether they’re on the buy side or the sell side, know it’s important to start preparing – and that if they’re only getting started now, they’re already late.

The lack of testing isn’t because companies aren’t concerned, though.

You’d be hard-pressed to find an advertiser or a media seller that doesn’t care about maintaining addressability when third-party cookies go dark on Chrome. They just aren’t earmarking the people and the money to run the tests.

“[It’s] 98% about figuring out which team in your org is tasked with actually implementing this and which budget line that comes from,” Milicevic said.

“As much as we’d all like a blanket innovation budget,” she added, “that doesn’t exist.”

ID5 has experienced that phenomenon firsthand when it has called on brands and publishers.

“No one has ever told us, ‘This doesn’t make sense,’ or that they don’t agree with the vision,” Roche said. “They just say they’re not ready yet, that they’re waiting to see what will happen.”

Must Read

Why Wall Street Turned Against The Trade Desk

The Trade Desk is less than a third as valuable as it was a year ago. It retains about one-tenth of its high-water market cap from December 2024, when the company was worth almost $70 billion. Why did investors lose the faith?

Garrett McGrath, President, Prebid.org

Prebid’s New President Is Its Former Chairman, Garrett McGrath

McGrath left Prebid in June following five years as board chairman after stepping down as SVP of product management at Magnite. But now, overseeing Prebid will be his full-time job.

TV Manufacturer Telly Touts Programmatic Home Screen Ads

Telly, the startup that gives away free smart TVs in exchange for data and ad exposure, is making its home screen ads available for brands to buy programmatically – and pushing for industry standards to help attract more spend. 

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

AI Is Helping L’Oréal Brainstorm Unique Ways To Reach Male Audiences

L’Oréal adopted creative AI platform Springboards to generate creative ideas that led to a collaborative, ongoing ideation process.

AdExchanger's Big Story podcast with journalistic insights on advertising, marketing and ad tech

Google Had Its Day In Court. Now, It’s Amazon’s Turn

Google won’t have to break up its ads business after being declared an online monopolist. Meanwhile, Amazon faces a lawsuit from the FTC alleging that it charged advertisers more than necessary for ecommerce ads.

The FTC’s Amazon Lawsuit Is Ad Tech’s History Of Opacity Repeating Itself

Buy-side experts said it’s another example of a Big Tech platform taking advantage of the lack of transparency built into programmatic ad auctions. And they’re not optimistic change is coming.