???In January 2024, the IAB released a comprehensive survey of over?1,500 consumers?to delve into their perspectives, preferences, and concerns regarding personal data and digital advertising. Let’s explore the key takeaways from this report:
1?? The Importance of a Free and Open, Ad-Supported Internet:
- 80% of consumers?recognize that a free and open, ad-supported internet is?integral to democracy and free speech.
- Nearly?80% believe it would be unfair?if websites and apps were not free to use for people with fewer financial resources.
- 95% prefer ads?over paying a high fee for ad-free websites and apps.
2?? Understanding Personal Data and Willingness to Share:
- Three-quarters of consumers?understand that sharing their data enables personalized ads.
- 70% are willing to share personal data?to support advertising overall.
- However,?50% feel that insufficient information?is provided about how their data is used and protected.
3?? Educating Gen Z:
- Gen Z?(the younger generation) needs more education about data’s role in the free and open, ad-supported internet.
- They are less aware of what personal data means and the significance of advertising.
4?? Call to Action: The IAB urges the digital ad industry to:
- Inform consumers better?about data usage and protections.
- Highlight the?benefits of data sharing?for personalized experiences.
5?? Engage with Gen Z?to ensure future data sharing.
- Let’s continue the conversation! What are your thoughts on the role of personal data in shaping our digital experiences? ????
Read the full report here: