Privacy is eating my data - what can I do?
Hi everyone,
I've talked a bit about how the increased demand for privacy and transparency from consumers has driven a lot of legislative changes around the world (GDPR, CCPA) and technological changes (iOS email blocking,?Chrome/Safari?updates). As marketers, we'll be losing efficacy in terms of our current tracking/targeting options.
So the question is, what can we do about this?
Google's response to increasing privacy?
Google have a three-pronged response to the lack of data:
Since they are not going to be seeing as much data come through, Google is focused on building out the machine learning and data-driven attribution models used in Google Analytics and Google Ads.
What does this mean??
Google is going to make up for the lack of data in conversions and users by increasing the depth of analysis of the data that it does get. The data modelling might include which ads visitors saw, which order they clicked ads in, how they interacted with your website, what other websites they saw your ads on, etc. To analyse a larger amount of data takes a much higher level of sophistication in terms of machine learning and AI.
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Why does it matter? What can we do??
As a consumer, I'm happy that there are going to be increased privacy protections for us all. But as a marketer, particularly one that works in digital, it'll make that job harder. But we can do something about it.
We are going through a period of increasing change in so many areas, but there is also a lot of opportunities. I can't wait to see what's around the corner. Apart from more Covid - stuff that.
Best
Kim
(Plug) I'd recommendour Google Analytics eBook because the first chapter is all about ensuring that alignment from your business goals to the actions on the website.
I help companies that have fallen behind in a saturated marketplace increase their profit and regain their market leadership.
1 年Nice Kim!