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The marketing and customer experience industry is undergoing rapid transformation, driven by digital evolution, data proliferation, and the increasing demand for personalized interactions. AI and automation are reshaping strategies, while CX remains paramount for acquisition and retention. The focus is shifting towards integrated, data-driven solutions that deliver measurable ROI across diverse sectors.
Total Assets Under Management (AUM)
Digital Marketing Spending in United States
~315 Billion USD (2024)
(15-20% CAGR)
Growth driven by increased mobile advertising, social media marketing, and video content. Investments in AI-driven personalization and analytics are also significant. Continued shift from traditional to digital channels.
315 Billion USD
Generative AI tools can automate and personalize content creation at scale, from marketing copy and ad creatives to customer service responses, enhancing efficiency and relevance.
Composability allows businesses to assemble best-of-breed marketing technology components, offering greater flexibility, scalability, and customization than monolithic platforms.
Advanced predictive analytics, powered by machine learning, can forecast customer behavior, identify potential churn, and proactively personalize interactions to optimize the customer journey.
This proposed federal law aims to establish a comprehensive national privacy framework for consumer data, including data minimization requirements and individual rights to access and delete data.
If enacted, ADPPA would standardize data privacy rules across the US, potentially simplifying compliance for Bold Orange's clients but requiring significant adjustments to data collection, usage, and storage practices.
Various states, including California (CPRA effective 2023) and Virginia (VCDPA effective 2023), have enacted comprehensive data privacy laws granting consumers more control over their personal information and imposing obligations on businesses.
Bold Orange and its clients must navigate a patchwork of state-specific data privacy regulations, necessitating robust consent management, data mapping, and compliance strategies to avoid penalties and maintain consumer trust.
COPPA imposes requirements on operators of websites or online services directed to children under 13 years of age, or who have actual knowledge that they are collecting personal information from children under 13.
Bold Orange's clients targeting younger audiences must adhere strictly to COPPA guidelines regarding data collection, parental consent, and data security for minors, impacting their marketing strategies and technology implementations.
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