LiveRamp’s Data Collaboration Platform Drove 313% ROI for Brands, According to Total Economic Impact Study
When evaluating marketers’ audience insights, targeting, and measurement precision, the study found that organizations face significant obstacles in their paid media lifecycle across search, social, programmatic display, linear TV, CTV, and media networks. With a lack of granular attribution data, media spend is inefficient and channel effectiveness cannot be measured accurately. It’s also challenging to securely collaborate with media partners at scale while upholding each party's privacy requirements.
The study revealed that investing in the LiveRamp Data Collaboration Platform addressed these hurdles by delivering significant improvements in media efficiency and effectiveness. Over three years, this equates to sizable growth and productivity for the defined composite organization, including:
-
15% efficiency gain in paid (non-retail) media budget spend, worth
$6.1 million -
20% efficiency gain in retail media budget spend, equating to
$1.2 million -
70% measurement optimization of paid media, driving
$18 million in incremental revenue -
90% measurement optimization of retail media, equaling
$8.8 million in incremental revenue - 50% time savings for team members focused on media activation activities
“We’ve positioned [
The study revealed that the LiveRamp Data Collaboration Platform also unlocked unquantified benefits, including:
- Improved brand perception through a more accurate understanding of consumers and their buying journeys
- Enhanced relationships with agencies, retailers, and publishers through more strategic media planning discussions enabled by improved data accessibility
- Improved cadence of media planning with more frequent, informed campaign planning activities comprised of historical performance data across publishers
- Improved data governance to avoid potential revenue loss and legal costs due to the use of embedded identity resolution instead of sending hashed customer data directly to partners
“I view the
“The key to unlocking a lot of value for us has been getting to a stage where we’re planning both national media and retail media side-by-side with a ‘better together’ attitude,” said a senior analytics director of a specialty CPG firm. “Bringing in our own media exposure data and pushing the retailers to bring their own in is really where the magic has happened. We’ve identified a lot of efficiencies. It’s also where we’ve learned a lot about media execution and how to coordinate between us.”
Forrester aggregated the experiences of the interviewed marketing leaders to create a single composite organization – a B2C enterprise with
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