The ever-evolving, fast-paced digital landscape has marketers racing to adjust their strategies for 2023. Today’s digital marketers are trying to balance the consumer demand for tailored experiences with the increased pressure of new data privacy restrictions.
Consumer privacy has been a concern for years and it will continue to be a priority. In 2023, marketers will find that restrictions focused on protecting users and their information have accelerated.
The good news is that the FineView Marketing team can lead effective campaigns despite restrictions and regulations. They are experts at capturing consumer data and delivering a personalized experience while staying in compliance with current privacy regulations.
Data protection and privacy regulations are essential components of digital marketing strategies. These regulations put restrictions on the types of data that can be collected and how they can be used. If regulations are not followed, there is a risk of serious consequences, including fines, lawsuits, and reputation damage.
The two main privacy regulation mandates are General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA). Core regulations are consistent across most digital marketing channels, including email marketing, direct marketing, and social media. These core regulations include ensuring data is stored securely and only collected with the individual’s consent.
To provide context to upcoming changes and how they affect users, it’s a good idea to understand cookies.
First-party cookies are small pieces of code placed in a customer’s browser when they visit a website. This allows for a more personalized experience. First-party cookies are used to remember the contents of a customer’s cart, the articles they last read, or the progress of a video they’re watching. First-party data, collected by first-party cookies, can be shared with or sold to other organizations as third-party data.
Third-party cookies are used for cross-site ad tracking, wider audience profiling, and wider personalization in advertising. Google has been phasing out cookies since 2020 and will remove all third-party cookies by 2023.
It’s time to implement best practices for managing this change. For more detailed information read Adapting Digital Strategies for a Cookieless World.
Wherever you are in your privacy journey, there are steps that you can implement now.
Steps Marketers Can Take To Meet Data Compliance
Marketing is an increasingly remote industry. Digital marketers can provide services to a client based in Ohio even if their company is located in Texas. For this reason, it’s important to be aware of data privacy laws as they apply to specific businesses.
The International Association of Privacy Professionals (iapp) has information that explains current compliance obligations and any impending changes.
Marketing professionals offer a wide range of services and the tools to implement them. Auditing services and tools make it easier to run a data inventory. A data inventory identifies the type of customer data that is being collected, processed, shared and stored.
Given the fluid nature of the data privacy landscape, it’s best to build a privacy program based on best practices rather than specific compliance obligations. This enables quick response to future changes.
Marketing-specific best practices suggested by RedClover Advisors include:
Include information about your consistent efforts to protect privacy to websites, email campaigns, and social media posts. This will enable consumers to understand what you’re doing with the information you collect. As a result, they will be more likely to tell you who they are and share their preferences.
For the next few years of privacy compliance is sure to be in constant flux. Red Clover Advisors recommends a program that:
The evolution won’t stop here. It’s essential to stay up to date so that your marketing approach can be adjusted to comply. The FineView Marketing team continues to be innovative with strategies and holistic approaches to reach intended users and lead effective campaigns.
Subscribe to stay in the loop with our newsletter and new blog posts.