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Posts Tagged ‘marketing’

PII 2011: Owning Online Identity: Consumer-Managed Data

November 15th, 2011

Fatemeh Khatibloo, Forrester Research moderates panel with Jason Cavnar, Singly, Todd Cullen, Acxiom, Shane Green, Personal, and Mary Hodder, Personal Data Ecosystem Consortium.

Fatemeh: why do consumers care? Jason: consumers have a sense of things being out of control. Todd: clients desperately looking for meaningful way to interact with consumers. On supply side, it’s new territory. Huge demand on marketer’s side. Shane: at core, we realize that who has access to our data shapes our experience, access, opportunities. Value: there’s a blindspot about what data is worth in additional value exchange. The more you start to see the opportunities as tangible, the more value is obtainable. Mary: This event is at a good time. As users get stalked online, they become aware that something’s happening, don’t know what to do, start calling senators. Opportunity for alternative to Do Not Track legislation, market solutions.

Fatemeh: privacy audits, do they provide a false sense of security when the government starts to audit the big companies? Shane: follow the money: big money in top right corner of Facebook (strong tie to advertising). People are waking up in unexpected ways to see connections between dollars and sense. Survey in their marketing: difference between “stuff in the attic that might be sold” vs “spy or thief in my attic.”  Jason: general awareness, at consumer level it’s my data, Sand Hill Road and companies that make money monetizing personal data. He’d like to see Silicon Valley invest in this respect as better model. Mary: zooming out a bit, how this works revolves around incentives (shipping parties, 3rd parties) and how they’re structured, and how does that structure support the business model? Going back down to audits: they’re meant to inspire fear as provocation to do the right thing. But how to incentivize the parties to do the right thing from consumer’s perspective?

Fatemeh to Todd: privacy and audits, marketing disconnect, who do we talk with in these organizations to make a difference? Todd: I wish it were one person such as a data steward, but that’s really rare. Our data is traveling around the web, should be easy to capture it for free. As long as this disconnect persists among marketers, no incentive to contribute to solving “a problem.”

Jason: Infrastructure needs to be put in place. Shane: lots of teaching, CEOs don’t understand how they got in the Wall Street Journal for spying on people. Mary: we talk to folks in advertising and trade agencies, Salesforce and CRM companies, media buying entities… right now they’re heavy users of personal data online. Folks are getting on board, need to know what business model is and how to fix this. Jason: there’s an enterprise need for interoperability too. Business model will be around easy access to customer control of data.

Fatemeh: industries that will help propel this forward, who has the most to lose and the most to gain? Jason: it’s the #2 in every market. Mary: banking and finance, there’s a lot to gain, high value in helping with most basic functions (e.g., reconciling statements with Mint), documenting meta-data around trades of data. Shane: agree that #2, 3, 4 players have a lot to gain. This is really tough for big incumbents because of embedded complex systems. Too much friction getting access to certain kinds of data that could reinvent/innovate travel processes, for example. Smaller innovators can tool up faster. Todd: high tech firms are not traditionally big buyers of data. Drive to grow globally: lack of reputable suppliers.

Questions.

 

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Open Data Partnership

March 12th, 2011

When the government threatened to regulate an industry that has for some time been playing fast and loose with people’s personal data, the industry proposed to open their databases–at least a little. The Open Data Partnership is claimed to be a “market-wide collaboration that allows consumers to gain more control over the information that companies have collected about their interests in one easy-to-use portal.”

SmartPlanet quoted Mike Zaneis, Senior Vice President and General Counsel for the Interactive Advertising Bureau (IAB), who explained:

Better Advertising’s Open Data Partnership is exactly the kind of initiative that will enable us to remain self-regulated as an industry. The more transparency we can provide consumers that enables them to retain control over their own data, the more trusted our ecosystem becomes – to the benefit of everyone.

Interestingly, many of the big data tracking companies have already signed on. (Hubspot, which just received an infusion of $32M from Google and Salesforce, are all missing from the list.)

With predictions for a sharp increase in analytics and data mining in 2011, the window offered by the Open Data Partnership is an interesting third option to “Do Not Track” or laissez-faire. It gives people better understanding and control over what they’re sharing and why. That said, it’s still about advertising (in which people are the product, not the customers).

Coaching moment: This is an interesting situation. If you could know more about yourself by looking at the data being collected, would you? Once you saw this information, would you be inclined to help correct it? If not, why?

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Mining the new Gold

March 9th, 2011

The Wall Street Journal has been running a fantastic set of articles called What They Know. Today’s (15th in their series) is called TV’s Next Wave: Tuning In to You. This article states that:

Data-gathering firms and technology companies are aggressively matching people’s TV-viewing behavior with other personal data—in some cases, prescription-drug records obtained from insurers—and using it to help advertisers buy ads targeted to shows watched by certain kinds of people.

How this translates, the article explains, is that these companies are now tracking you at a level of surfing and life-involvement that is highly customizable to your tv. (They don’t have to know your name, they know who you are by your habits.) Let’s say, for example, that you watched five cookie commercials (tracked), then later in the week you bought a package of cookies (tracked from purchases). These companies will start to get a picture of how many cookie commercials (or anything else that you watch) it will take to affect your behavior. Using an example from the article, the U.S. Army tested four different ads for recruitment:

One group, dubbed “family influencers” by Cablevision, saw an ad featuring a daughter discussing with her parents her decision to enlist. Another group, “youth ethnic I,” saw an ad featuring African-American men testing and repairing machinery. A third, “youth ethnic II,” saw soldiers of various ethnicities doing team activities.

Someone will likely claim that there’s no personally identifiable information being exchanged. That will be a lie, as they could only make that claim by defining “personally identifiable information” in a very different way than regular people–or government regulators–would. This is more about tracking and compiling the most intimate details of our lives, so we can be manipulated into acting a certain way.

Coaching moment: Corporate behavior like this is an example of a slippery slope. There is no real end to the social destruction that could be wrought on our world by corporate visions of a “good society.” I doubt that any one person that works for these companies would wish to be tracked and manipulated in this way. But when that person goes to work for a company that does this, the person is “just doing his job.”

There’s a clear reason why “Do Not Track” legislation is being proposed. This story points out an example of tracking that, I would argue, crosses ethical boundaries. It’s one thing to use voluntarily shared data about people. It’s another to invade their homes and lives for corporate gain.

I might be over-reacting. How do you feel about this?

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On public & personal manipulation

December 1st, 2010

Lucky Strike cigarette adSocial networks are great places to share links, photos, status updates, and more. It often appears that we are the  beneficiaries of our personal information sharing. However, we are not the only ones. A much greater benefit accrues to an industry that is, at its core, about public manipulation. Whether we want or need something that they’re pushing is not the point; this is about moving goods, selling units, enhancing commerce and the GDP.

What does this industry see in us (besides our wallet)?

Coaching moment: As a culture, we’ve never been in a position before where we needed to be so self-aware about our communications. We’ve never been so open and vulnerable to the slings and arrows of others. Like any profitable middleman, the Advertising/Marketing Industry justifies its existence in ways that extract a value from our shared information. Their efforts target us with more effective and personally customized messages, but at many different costs to us.

Does advertising make us better people? Does it contribute to more enlightened culture? A better world? All arguable points.

How does it benefit you? What personal information are you willing to give away in support of this industry? Have you found a balance between your personal interests and the influence of others? Do you like television and magazine ads, or highway billboards?

Yes, there are tradeoffs with advertising. I’m just asking if you like these things as a mode of communication. I’d love to hear your thoughts on this.

Creative commons photo credit: x-ray delta one on flickr. Thanks!

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I Shared What?!?

November 27th, 2010

logo for I Shared What?!? websiteVoluntary personal information sharing comes naturally to most of us. When given an opportunity, a few tools, and a community in which we can share our most intimate details, many people don’t hesitate to document their every movement and mood. We readily identify our friends and our preferences, and even document our vices.

Facebook is the place right now where a great many people share the most detailed information about themselves. Are you on Facebook? If so, you might be interested in a new site called I Shared What?!? that will open a window for you into what Facebook sees–and lets others see.

Coaching moment: Did you know you were sharing this much information? Do you know who has access to it, for how long, and for what purposes? Does this make you uncomfortable? Why?

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