Home Data-Driven Thinking How Brands Can Solve Their Privacy Problem

How Brands Can Solve Their Privacy Problem

SHARE:

shainaboone“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 Shaina Boone, senior vice president of marketing science at Critical Mass.

Last month marked the 25th anniversary of the World Wide Web. Since then, the Internet has enabled unprecedented access to knowledge and unlimited potential for people to communicate across the globe.

Recent history, however, has shown that the Web’s immense possibility is not without peril. Edward Snowden’s NSA revelations and highly publicized data breaches involving brands such as Target and Neiman Marcus have fuel public skepticism and downright distrust of not only the government, but also major digital players in the industry, including Google and Facebook.

All of this necessitates a more urgent conversation between brands and consumers to clarify what is actually being collected and why and how it can be used for the good of the user, such as enhancing the online experience, rather than solely being perceived as a sinister invasion of privacy.

Brand Transparency: Building A Foundation Of Trust 

The foundation of privacy is trust. Brands and their agencies have, thus far, done a poor job at educating consumers. It is our responsibility to change that by tossing out old, legalese-laden privacy policies in favor of more prominent, easy-to-understand ones that tell the consumer what data we are using, and the steps we’re taking to protect that data and keep it anonymous.

Most importantly, we need to communicate how the data enables better and smarter experiences for them. By doing so, we can build an implicit level of trust between brands and consumers, holding ourselves accountable while giving consumers the information to help serve as a watchdog over their own data.

Realistic Consumer Expectations 

In this always-on, connected world, consumers’ expectations of brands have never been higher. This is due, in large part, to the rise of big data as the ultimate tool to deliver personalized experiences to consumers.

Despite the general concerns about privacy and data collection, consumers must understand that there are trade-offs when it comes to brand experiences online. In order for brands to deliver experiences that are tailored to their customers’ needs and preferences, a certain amount of data – preferably not personally identifiable – must be shared in exchange. It is up to brands to communicate what kind of data is being collected and how it’s being used. Then it is the consumer’s choice to decide what data they want to share, in exchange for more or fewer services.

Privacy And The Future Of The Web

As the Internet evolves, and it continually will, privacy and security will live at the center of debate – fostering either its evolution or destruction. In support of the former, the NSA spying and resulting rational consumer fear have catalyzed a movement toward increased transparency and accountability on behalf of brands, as well as placed some responsibility on consumers themselves.

Through clear, upfront communication, our industry should provide transparency in what we are doing with consumers’ data. From an accountability perspective, brands and agencies together can take ownership of this message. Agencies can assist with the creative approach and technological implementation of the communication, while brands can facilitate content development working with their legal teams. It must be a joint effort between all parties to be successful.

Ultimately, communicating with transparency will deepen trust and build stronger relationships between brands and their customers, while hopefully alleviating the current privacy concerns about data collection.

Follow Shaina Boone (@shainaboone), Critical Mass (@criticalmass) and AdExchanger (@adexchanger) on Twitter.

Must Read

Comic: Shopper Marketing Data

Infillion Strikes Again, This Time Buying The Retail Purchase Data Company Catalina

Infillion, an ad tech business built on M&A, is back with another acquisition. This time it’s Catalina, a century-old market research and shopper marketing company with roots in physical cash register machines.

This Election Season, Buyers Can Curate Deals Based On Voter Values

OpenX and Givsly’s new curation solution lets political campaigns reach voters based on data sourced from nonprofits, rather than traditional party affiliation.

Walmart’s Ad Revenue Totaled $6.4 Billion In 2025 As The Ecommerce Flywheel Started To Spin

“Fully a third of our profit in the most recent quarter was related to advertising and membership income,” Walmart CFO John David Rainey told investors on Thursday.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Comic: AI-TA?

Q4: Omnicom’s IPG Merger Is An AI Test Case

Omnicom just reported its first earnings since closing the IPG deal and, shocker, it’s saying AI is main growth driver for combined holdco.

Digital-native brands need to figure out how to win in retail shelves. They're finding it difficult, to say the least.

Big CPG Brands Are Quick To Cut Ad Spend Amid A Tough US Market

Companies like P&G, PepsiCo and Colgate-Palmolive are cutting marketing spend as the easiest and quickest way to protect profitability.

How The Minnesota Star Tribune Protects Advertisers While Covering ICE Crackdowns

Amid a federal crackdown and local unrest, Minnesota’s biggest newsroom is proving brand safety and hard news can coexist.