Build vs. Buy: The Ultimate Debate in Composable Data Collection
Denizens of MarTech, Customer Data, AdTech… Lend Me Your Ears!
Hello, MarTech enthusiasts! Dutchy here, your clumsy friend with a penchant for spilling hot beverages. Today, we're diving into the intriguing world of composable data collection—specifically, the age-old debate of building versus buying solutions.
Renting, Buying, or Building: An Allegorical Approach
Let’s get allegorical! Finding somewhere to live is much like choosing software. You have three options: rent, buy, or build. Each comes with its own set of benefits and drawbacks.
- Renting (SaaS subscription with pre-built functionality): Think of renting as subscribing to a SaaS solution. It’s quick and convenient, perfect if you need something up and running fast. However, customization is limited, and you end up paying more over time. It's like moving into a furnished apartment: you get the essentials but might miss out on that fancy coffee machine or the self-filling bath you’ve always wanted.
- Buying (Purchasing software you host and customize): Buying software is akin to buying a house. You have a stable roof over your head, and while it might not have everything you dreamed of, it’s customizable. You own it, which means fewer recurring costs and better privacy control. It’s like buying a fixer-upper and gradually transforming it into your dream home.
- Building (Creating custom-built software): Building from scratch is the ultimate in customization. You get exactly what you need, but it’s costly and time-consuming. Maintenance can be a headache, especially when specific skills are needed for repairs. It’s like constructing a house from the ground up: you need land, permits, and a lot of patience.
The Case of MegaMarket
Let’s illustrate this with a real-world example. Picture a retail giant, “MegaMarket,” deciding to build their own customer data collection and pipeline infrastructure. Here’s a snapshot of their journey:
Costs:
- Initial build: $2-3 million over 18 months.
- Integrations: Additional $5-7 million over 24 months.
- Annual maintenance: $2-3 million.
Resources:
- Up to 29 full-time employees, including SREs, data engineers, and Ad-Tech experts.
Challenges:
- Integration times of 10-35 weeks per partner.
- Vendor-specific data demands.
- High cloud infrastructure costs.
- Complexity in building ID relationships for server-to-server integration.
Enter MetaRouter
MegaMarket’s DIY approach soon hit numerous roadblocks, prompting them to turn to MetaRouter. Here’s why MetaRouter was their knight in shining armor:
- Single Tenant: Exclusive data control.
- Custom Data Formats: Tailored to MegaMarket's needs.
- ID-Syncing: Unified user identities across partners.
- Fully Server-Side: Eliminated third-party cookie dependence.
- Private Deployment: Operates within MegaMarket's private cloud.
MetaRouter offered a complete replacement with first-party data and identity processing, server-side event tracking, and unique server-to-server data integration. This approach significantly improved page latency and overall performance.
Conclusion
MegaMarket’s story is a cautionary tale about the complexities of building in-house solutions. Sometimes, the smartest move is to leverage the expertise of specialized providers like MetaRouter, who can offer a superior, ready-made solution.
So, my dear data disciples, let this be a lesson: don’t reinvent the wheel. Find the right experts and hop on their bandwagon for a smoother, more efficient ride.
Now, if you’ll excuse me, I have a date with some server logs and a strong cup of tea. Toodle-oo!