DMPs

A data management platform (DMP) uses a combination of first-party, second- party and third-party data to create a target audience, build campaigns aimed at those audiences and measuresthe accuracy of each campaign. A formalised document that New Zealand businesses can use toguide its marketing strategy, a key function of a DMP is its ability to pull data from a range ofdifferent sources.

Data in all its glory - 1st, 2nd and 3rd party data

A data management platform (DMP) pulls information from three sources of data -- first party,second party and third party. This data is necessary to provide businesses with the information theyneed to in order to identify the audiences that drive their marketing strategy. By successfullyimplementing a DMP in New Zealand, for example, a business can then develop a core set of datato draw from when developing their strategy. Not surprisingly, it's important to know the types ofdata that are gathered for use in a DMP.

Affiliate Marketing Explained

What is affiliate marketing?

Affiliate marketing is a type of internet marketing where businesses pay other businesses orindividuals a percentage commission for promoting their products/services based on the number ofleads or sales obtained through their marketing efforts.

In simple terms, if you are an affiliate (sometimes a publisher), you use your skills and influence as amarketer to promote a company’s product by referring customers to it. If a customer goes aheadand buys the product because of your recommendation, the company pays you a commission or akickback for promoting and converting a lead on their behalf.