Today's Must Read - The Crawl, Walk, Run Guide to Lifetime Value
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Today from AdExchanger Thursday, December 7
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[Day 1, 11:00 am](, The major trade association CEOs come together with Forrester analyst Joanna OâConnell to review key trends and initiatives for the year ahead at Industry Preview, Jan 17-18 in NYC. [Join us](. Sponsored by mParticle and Adobe
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Today's Must Read
[The Crawl, Walk, Run Guide to Lifetime Value](
âI donât think there is any measure out there which is more predictive of your companyâs eventual success than customer long-term value,â said Anant Mathur, global head of analytics at Essence. âItâs a proxy of how well you retained your customers and how satisfied they were.â [More](.
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News Round Up
Sly As A FireFox
Verizonâs Oath is in a legal dispute with Mozilla in response to the browser operatorâs surprise decision to break its contract and revert to Google as the default search provider for Firefox. Marissa Mayer struck the original deal in 2014 between Mozilla and Yahoo, offering lucrative terms in exchange for Firefoxâs slice of the search market. One unusual term in the contract granted Mozilla the right to break off the deal in case of an ownership change ... and still receive an annual $375 million fee through 2019. âIt was a scenario that Mayer never thought would happen,â reports Kara Swisher at Recode. âNo relationship should end this way,â writes Mozilla legal head Denelle Dixon in a statement. â(Still), we are confident in our legal positions.â [More](.
Cha-Ching
According to Adobeâs holiday [ecommerce tracking](, US shoppers have spent $65 billion via their computers, phones and tablets since the beginning of November. Overall seasonal ecommerce in 2016 was $94.4 billion, which Adobe expects to be outpaced by $13 billion this year. US consumers have now spent more than $1 billion online for 36 consecutive days (since the beginning of November), and daily shopping tends to strengthen through Christmas. [AdExchanger has more]( on the growth of mobile commerce this holiday season.
We Are Growing Up
Omnicomâs We Are Unlimited, the dedicated agency spun out of DDB to service the McDonaldâs account, has a new CEO. Starting Jan. 8, iCrossingâs New York president, Mark Mulhern, will take the helm from former BBDO senior director Brian Nienhaus, who has led the agency since its launch last year. Under Mulhern, We Are Unlimited will look to build momentum with new clients as its 18-month exclusivity agreement with McDonaldâs comes to an end. According to DDB CEO Wendy Clark, We Are Unlimited is âlooking to pivot from a startup into a more sustainable agency,â AdAge reports. [More](.
Lap Of Luxury
The European Unionâs top court issued a ruling Wednesday giving luxury brands a powerful tool âto safeguard their exclusivity, which has become a key concern as the sector expands online sales,â writes The Wall Street Journal. The case was brought by US-based cosmetics company Coty against a German retailer that had been reselling products on Amazon. Luxury brands arenât solely distinguished by higher-quality materials, âbut also of the allure and prestigious image which bestows on them an aura of luxury,â according to the court. âAuraâ is a vague term, but essentially it means brands that rely on a sense of exclusivity can dictate to third-party partners where their products appear online. In the US, brands like Birkenstock, Patagonia and Ralph Lauren have fought to [keep their products off Amazon](, even going so far as to threaten to blacklist retail distributors who resell products knowing theyâll end up online. [More](.
But Wait, There's More!
[Amazon And Google Skirmish Over Blocked Products]( - The Verge
[Updated Worldwide Internet And Mobile User Figures]( - eMarketer
[Survey Finds Chief Data Officers Are Delivering Results]( - Gartner
[The Coming Trade Wars Over Data]( - Axios
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[BIA/Kelsey Forecasts 5.2% Local Ad Growth, Largest In 5 Years]( - release
You're Hired!
[Former 4Aâs Prez and CEO Nancy Hill Launches A Consultancy]( - The Drum
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[MRM // McCann Promotes Katie MacNevin To Global President]( - release
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