{"id":19334,"date":"2021-03-03T10:23:41","date_gmt":"2021-03-03T17:23:41","guid":{"rendered":"https:\/\/www.fullcontact.com\/?p=19334"},"modified":"2023-06-27T15:23:12","modified_gmt":"2023-06-27T21:23:12","slug":"3-reasons-investing-identity-resolution","status":"publish","type":"post","link":"https:\/\/www.fullcontact.com\/blog\/identity-resolution\/3-reasons-investing-identity-resolution\/","title":{"rendered":"3 Reasons Why Companies are Investing in Identity Resolution"},"content":{"rendered":"<h2>Why Identity Resolution is the Future of Marketing<\/h2>\n<p><span style=\"font-weight: 400;\">Recognizing and understanding your customers and prospects is critical to the future success of your marketing. Having explicit knowledge of who you\u2019re engaging with in real-time can help you customize your products, personalize messaging, and apply the right privacy controls in the moments that matter.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The challenge facing marketers is that people interact with your brand across different platforms, devices, and channels with different identities. This leads to fragmented and siloed customer data, making it difficult to target, track and act at different points in the customer journey.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite this challenge, there is a solution&#8211;<\/span><a href=\"https:\/\/www.fullcontact.com\/blog\/2022\/02\/09\/identity-resolution\/\"><span style=\"font-weight: 400;\">Identity Resolution<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<h2>What is Identity Resolution?<\/h2>\n<p><span style=\"font-weight: 400;\">Identity Resolution connects and consolidates fragmented identifiers collected when people interact with your brand across different channels, platforms, and devices, mapping it all to a real person (for FullContact, that&#8217;s our<\/span> <a href=\"https:\/\/www.fullcontact.com\/blog\/2020\/08\/06\/the-power-of-persistence\/\"><span style=\"font-weight: 400;\">persistent<\/span><\/a><span style=\"font-weight: 400;\">, portable, omnichannel<\/span> <a href=\"https:\/\/www.fullcontact.com\/blog\/2020\/05\/15\/resolve-building-the-identity-resolution-engine-part-2\/\"><span style=\"font-weight: 400;\">PersonID<\/span><\/a><span style=\"font-weight: 400;\">).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These capabilities provide customer information in real-time to reflect their evolving behavior and preferences. The constant updates help you make relevant decisions based on real-time customer recognition, empowering you to create highly-personalized customer experiences, improve brand engagement and conversion, as well as amplify your ability to find your best customers and prospects in as many channels as possible. And ultimately, it can help you boost conversions and lifetime customer value.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With that high-level overview, here are the top three reasons why companies invest in Identity Resolution:<\/span><\/p>\n<h3>1. Identity Resolution Improves Brand Engagement, Conversions, and Lifetime Value<\/h3>\n<p><span style=\"font-weight: 400;\">People are the lifeline of any business. You need a solid strategy to acquire and retain your customers to keep growing your business. <\/span><a href=\"https:\/\/www.fullcontact.com\/products\/resolve\/\"><span style=\"font-weight: 400;\">Investing in Identity Resolution<\/span><\/a><span style=\"font-weight: 400;\"> is one step into the customer acquisition and retention journey.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Identity Resolution helps modern companies looking to remain competitive through digital commerce and personalization by giving your company the ability to recognize unauthenticated site visitors back to your CRM data. It also provides in-depth insights, empowering you to apply the right content and messaging in real-time.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-19339\" src=\"https:\/\/www.fullcontact.com\/wp-content\/uploads\/2021\/03\/flow-customer-recognition-li.png\" alt=\"Numerous engagements connect to a single persistent identifier \" width=\"1200\" height=\"630\" srcset=\"https:\/\/www.fullcontact.com\/wp-content\/uploads\/2021\/03\/flow-customer-recognition-li.png 1200w, https:\/\/www.fullcontact.com\/wp-content\/uploads\/2021\/03\/flow-customer-recognition-li-300x158.png 300w, https:\/\/www.fullcontact.com\/wp-content\/uploads\/2021\/03\/flow-customer-recognition-li-1024x538.png 1024w, https:\/\/www.fullcontact.com\/wp-content\/uploads\/2021\/03\/flow-customer-recognition-li-768x403.png 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Brands using Identity Resolution on their website see a <\/span><b>32% average increase in website recognition<\/b><span style=\"font-weight: 400;\">\u00a0and a <\/span><b>13% increase in conversion<\/b><span style=\"font-weight: 400;\"> after personalizing content and connecting previous engagements. It also helps with <\/span><a href=\"https:\/\/www.fullcontact.com\/products\/enrich\/\"><span style=\"font-weight: 400;\">data enrichment<\/span><\/a><span style=\"font-weight: 400;\"> from numerous categories of data, including personal and professional insights.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Identity Resolution gives your company <\/span><a href=\"https:\/\/www.fullcontact.com\/solutions\/real-time-insights\/\"><span style=\"font-weight: 400;\">unmatched insight<\/span><\/a><span style=\"font-weight: 400;\"> into an individual, which you can use to personalize the context of the engagement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Learn more about<\/span> <a href=\"https:\/\/www.fullcontact.com\/solutions\/customer-recognition\/\"><b>Real-Time Recognition<\/b><\/a><b>.<\/b><\/p>\n<h3>2. Apply the Right Privacy Controls<\/h3>\n<p><span style=\"font-weight: 400;\">As you\u2019re engaging with people and applying real-time information, it\u2019s important to keep respectful usage of their data at the top of mind. With the ever-evolving slate of privacy legislation (<\/span><a href=\"https:\/\/oag.ca.gov\/privacy\/ccpa\"><span style=\"font-weight: 400;\">CCPA<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/gdpr.eu\/tag\/gdpr\/\"><span style=\"font-weight: 400;\">GDPR<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/gdpr.eu\/gdpr-vs-lgpd\/\"><span style=\"font-weight: 400;\">LGPD<\/span><\/a><span style=\"font-weight: 400;\">, the forthcoming <\/span><a href=\"https:\/\/www.natlawreview.com\/article\/will-virginia-be-second-state-to-enact-major-privacy-legislation\"><span style=\"font-weight: 400;\">CDPA<\/span><\/a><span style=\"font-weight: 400;\">), privacy compliance can be difficult. But it needs to be <\/span><a href=\"https:\/\/www.fullcontact.com\/blog\/2020\/05\/22\/resolve-building-the-identity-resolution-engine-part-3\/\"><span style=\"font-weight: 400;\">foundational<\/span><\/a><span style=\"font-weight: 400;\"> to your business.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The future of marketing success is balance&#8211;both balancing the use of an individual\u2019s data in alignment with their permissions and balancing the commercial interest of companies with the <\/span><a href=\"https:\/\/www.fullcontact.com\/blog\/2020\/12\/01\/fight-for-control\/\"><span style=\"font-weight: 400;\">interests of real people<\/span><\/a><span style=\"font-weight: 400;\">. As FullContact CEO Chris Harrison <\/span><a href=\"https:\/\/www.fullcontact.com\/blog\/2021\/01\/28\/why-we-need-to-focus-on-privacy\/\"><span style=\"font-weight: 400;\">has said<\/span><\/a><span style=\"font-weight: 400;\">, \u201cWe have to arm companies with the tools that will enable both the value exchange and the ability for individuals to give permission or extend that aspect of their personal space to the brand.\u201d <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Identity Resolution is the basis of these tools, enabling brands to create better interactions with their customers and empowering people to have better control over their data.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Learn more about<\/span> <a href=\"https:\/\/www.fullcontact.com\/solutions\/privacy-compliance\/\"><span style=\"font-weight: 400;\">Privacy Legislation Compliance<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h3>3. Amplify Your Media Reach and Returns<\/h3>\n<p><span style=\"font-weight: 400;\">To effectively reach your target audience, you need to apply as many hashed emails and <\/span><a href=\"https:\/\/www.fullcontact.com\/maids\/\"><span style=\"font-weight: 400;\">Mobile Ad IDs<\/span><\/a><span style=\"font-weight: 400;\"> as possible to reach people where they are. Identity Resolution enables you to append both Mobile Ad IDs and hashed emails to terrestrial, email, and mobile identities.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unifying your customer and prospect data also helps you identify individuals across multiple devices, channels, and platforms. This process eliminates duplication and waste by ensuring you&#8217;re not targeting the same person multiple times. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Learn more about <\/span><a href=\"https:\/\/www.fullcontact.com\/solutions\/media-amplification\/\"><span style=\"font-weight: 400;\">Media Amplification<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<h2>Want to Learn More?<span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">If you want to see how Identity Resolution can improve your overall brand experience and media efficiency, <\/span><a href=\"https:\/\/www.fullcontact.com\/contact\/\"><span style=\"font-weight: 400;\">contact us<\/span><\/a><span style=\"font-weight: 400;\"> today for a free consultation!<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Why Identity Resolution is the Future of Marketing Recognizing and understanding your customers and prospects is critical to the future success of your marketing. Having explicit knowledge of who you\u2019re engaging with in real-time can help you customize your products, personalize messaging, and apply the right privacy controls in the moments that matter.\u00a0 The challenge [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_improvement_type_select":"improve_an_existing","_thumb_yes_seoaic":false,"_frame_yes_seoaic":false,"seoaic_generate_description":"","seoaic_improve_instructions_prompt":"","seoaic_rollback_content_improvement":"","seoaic_idea_thumbnail_generator":"","thumbnail_generated":false,"thumbnail_generate_prompt":"","seoaic_article_description":"","seoaic_article_subtitles":[],"footnotes":""},"categories":[6029],"tags":[5933,5753,5738,5694,648,649,208,98,63,103],"class_list":["post-19334","post","type-post","status-publish","format-standard","hentry","category-identity-resolution","tag-hashed-emails","tag-media-amplification","tag-customer-recognition","tag-privacy-compliance","tag-maids","tag-mobile-ad-ids","tag-privacy","tag-identity-resolution","tag-investment","tag-data-enrichment"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>3 Reasons Why Companies are Investing in Identity Resolution | FullContact<\/title>\n<meta name=\"description\" content=\"Customer behavior is the key to your business, but it doesn\u2019t always give a full picture. 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