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The demise of third-party cookies will hit SMEs hard. Yet with careful planning and investment in first-party data, they will be able to continue to enjoy the benefits of digital advertising.
While SME advertisers have traditionally relied on local and trade media, over the past few years many have invested in digital advertising – embracing online addressable media and hyper-local targeting. However, changes to online tracking are threatening to impact the benefits of this shift to digital marketing.
Safari and Firefox have already made their moves with default blocking of third-party cookies and the focus is now on Google and what will happen with Chrome, which has about 50% of the browser market in the UK. And, with the launch of iOS14, Apple users will be prompted to opt-in to share data on every app they use, which will affect Facebook significantly, and so too other app publishers.
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