“Data Driven Thinking” is written by members of the media community and contains fresh ideas on the digital revolution in media.
Today’s column is written by Jeremy Cornfeldt, President of Client Services, Strategy & Product at iProspect.
We’ve all heard the news that Mozilla, by default, will start blocking third-party cookies in the upcoming launch of Firefox 22. As a result, many brands and pundits are up in arms about the potential impact this could have on advertisers.
Mimicking the mayhem of Y2K and the Mayan 2012 doomsday commotion, people appear to be wildly overreacting; some even say that the cookie has only five years left to live.
The bottom line is that without legislation, cookies aren’t going away anytime soon. Not only is cookie tracking too important to both publishers and advertisers alike, it’s also the only effective and scalable solution available on the market.
The Case For Cookie Tracking
Today, many brands’ sites are, frankly, a mess. They have too many tags with no thought behind them, which can cause massive website slowdown and create a poor customer experience. While tags help capture data, there is now so much of them that tracking remains absolutely critical for better viewing and targeting.
In addition, much of the movement away from cookies seems tied to supposed wholesale consumer objections to being tracked. But consumer data apparently negates this idea; only a few people opt out of being tracked, which means that publishers will continue to track them.
Don’t get me wrong. A “tagless” solution is undoubtedly coming, but I don’t think it will necessarily be a cookieless solution.
Changes Won’t Come Suddenly
That said, I do expect the challenge of collecting and aggregating data to continue growing. Even though I don’t think all cookie tracking will abruptly end, we could very well see a reduction in the amount of accessible cookie data. In today’s convergent landscape, where customers often transact across many different channels, this data is critical to advertiser effectiveness.
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However, there’s no need for panic. If new rules are coming, the changes will likely take effect first in France or Spain, which have stricter laws than the U.S. Changes also would have to overcome certain opposition from global data-generating and data-storing giants such as Amazon, eBay and Facebook.
What We Can Do
We can do our part to limit the likelihood of havoc-wreaking regulation via responsible marketing, self-regulation and providing information to drive positive consumer behavior.
Regardless of the outcome of this cookie-tracking debate, there are a few important things that marketers and advertisers should do to ensure long-term success:
- Market Responsibly: Congress wants us to be responsible and to self-regulate. This means that advertisements should give consumers the option to opt out. A seamless and well-thought-out consumer experience will become increasingly important. Brands will need to make sure that tracking solutions don’t cause any problems with site experience or page load.
- Develop Clear Privacy Policies: Create a simple and easy-to-understand privacy policy, and always allow customers to opt out.
- Choose a Trustworthy Partner: While the brand is responsible for deciding how many tags it wants on its site, the right digital agency partner can help prioritize which tags are critical to the ongoing success of the brand’s media campaigns. The right partner can also help navigate through all the complex regulation issues.
So let’s not overreact and expect the worst just yet.
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