MARKETECH APAC’s Post

According to the report from Amperity and Arktic Fox, Marketers feel unprepared for looming Privacy Act reforms. Even more worryingly, they believe those in leadership positions are similarly unready – only 38% of those surveyed believe their executive group understands the importance of adapting to privacy changes and sees it as a key strategic priority to address. Moreover, they also worry they are falling behind their peers in martech utilisation, partly because they lack appropriately skilled staff. On top of all that, many are now fundamentally questioning their martech investment strategy and moving towards combining ‘best of breed’ solutions, rather than relying on a single vendor. Billy Loizou, Asia Pacific area vice president at Amperity, notes “The problem – as they are usually the first to point out – is Australian marketers are struggling to execute. That’s hardly a new situation, but when you add in factors such as the rise of Gen AI, imminent reforms to the Privacy Act, flat marketing budgets and Google deprecating third-party cookies, it’s not surprising so many CMOs are nervous.” Meanwhile, Teresa Sperti (GAICD), director of Arktic Fox, commented, “When we undertake digital training sessions or partner with clients on strategy, it’s not uncommon for us to have to explain to an organisation’s staff, including its senior staff, where the organisation’s data resides and help them connect the dots around their martech ecosystem." #marketingspending #industrychanges #technology ------ -[Awards] MARKETECH APAC is launching its inaugural "Marketing Technology Awards" where we recognise the groundbreaking achievements in marketing technology, uniting the brands and tech organisations within the region’s marketing community. Learn how your brand can be a part of it by checking it more details HERE: https://bit.ly/3SVtoIa -[Industry Series] We have launched our latest industry initiative "E-commerce Marketing Series" where we aim to equip businesses with the latest strategies and insights to navigate the dynamic world of e-commerce, as well as discuss cutting-edge concepts, trends, and case studies shaping the future of online commerce. Learn how you can be part of this industry discussion by checking out more details here: https://bit.ly/4aiMEX4 -[Report] Discover the latest trends in business communication, and explore how mobile messaging channels are preferred by consumers to seek deeper connections with brands by checking out this report HERE: https://bit.ly/3RckF4z

CMOs, digital professionals feel unprepared amidst industry disruptions and shrinking budgets: report - MARKETECH APAC

CMOs, digital professionals feel unprepared amidst industry disruptions and shrinking budgets: report - MARKETECH APAC

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