Home Data-Driven Thinking Consumers Need The Inside Track On Privacy

Consumers Need The Inside Track On Privacy

SHARE:

lisa-joy-rosner“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 Lisa Joy Rosner, chief marketing officer at Neustar.

The behavioral advertising train has left the station. It’s speeding along with customers’ data as its freight. Not all customers, however, want to go along for the ride.

As marketers, we know that personalized ads and content drive better brand campaigns and a better customer experience. We know that about half of consumers believe personalized ads are more engaging, educational, time-saving and memorable.

But that still leaves the other half who distrust the train. They don’t know who’s driving, where it’s going and what ultimately happens to the freight.

The only way to get 100% of consumers all aboard is to protect their cargo and give them the inside track on how you’re doing it.

Explain The Standard Fare

The ad tech industry supports the data collection standards created by the Digital Ad Alliance, Network Ad Initiative and other organizations. And we know support for those concepts makes a difference because nearly half of consumers report being less worried when they understand the personalization process. But we can move the train even farther down the track in several ways.

Consumers want to know what information is being collected, why, how it will be used and how it is being protected. We need to make it easier for them to find and understand the privacy principles and policies posted on our websites. Opt-outs need to be accessible and clear, too. A 50-page treatise won’t be understood by anyone but the lawyers.

Engineer With Privacy By Design

Policies are just one leg of the journey; we need internal processes, too. Privacy-by-Design (PbD) principles, developed in the 1990s and recommended by the FTC for all US businesses in 2012, offer a framework to guide internal functions and staff that work with personal data. These principles are developed and implemented proactively, to apply privacy and security policies from the outset, not after the fact. PbD principles can be used to define who can access data and for what reasons; to define when, where and how data will be encrypted; and even in building design, so sensitive information isn’t inadvertently heard or seen by someone that doesn’t have the need to know.

Hire A Special Conductor: A CPO

A chief privacy officer, or other executive, should drive the train, managing privacy and security issues. These execs are privacy educators and cheerleaders, making sure everyone is aware of policies and has the resources needed to make sound data protection and security decisions. CPOs don’t have to be engineers, but they do need to understand the organization’s data flow and security.

Invest Across Your Whole Network

We can balance privacy and personalization by baking transparency, greater consumer controls and PbD principles into practices and policies, starting at the ground level. By doing so, we can create a customer base more comfortable and open to the process, and in turn, gain a real competitive edge. By protecting consumers’ sensitive cargo and giving them the inside track, we can keep the behavioral advertising train chugging along.

Follow Lisa Joy Rosner (@lisajoyrosner), Neustar (@Neustar) and AdExchanger (@adexchanger) on Twitter.

Tagged in:

Must Read

Comic: "Deal ID, please."

Can Sell-Side Curation Solve The Cookieless Audience Problem For Advertisers?

Indie agency KWG says sell-side curation can target more high-performing inventory with better match rates and lower data fees than buy-side curation.

Infillion Acquires Foursquare, Adding More Location Data To Its Ever-Growing Ad Tech Stack

Infillion checked in with its latest acquisition on Friday: Foursquare. Apparently, if there’s a strategically interesting or distressed ad tech asset on the market, Infillion will find it.

HBO MAX’s Reddit Account Was Compromised And Used For Ad Fraud

A week ago, HBO MAX had its verified Reddit account overrun by a hacker group, which eluded notice for two days while it ran 108 different ad permutations targeting an unknown number of Redditors.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

Gaming Wants To Prove It’s Just Like Other Media Channels – While Also Owning How It’s Different

Adapting other channels’ strategies might be what gaming platforms need to do to get advertisers comfortable spending more. Leaning into gaming’s differentiators will come later, after bigger budgets arrive.

Comic: Clickbait

Taboola Eyes The Finance Vertical With An Offer To Acquire Ad Network Dianomi

Taboola has made an offer to buy Dianomi, a UK-based ad tech company that connects financial advertisers with premium business and finance publishers.

How The Try Guys Turned Their Love For Liquid I.V. Into A Brand Deal

When a creator already loves the product they’re marketing, it’s easy to work it into their content in ways that feel natural. That’s exactly what the Try Guys did.