We cover the key principles for building trust to increase consumer data sharing in our latest piece for the American Marketing Association. Measure Protocol CMO Paul Neto starts by covering the new ecosystem in which we operate, governed by controlled app environments and privacy regulations. This reality makes it difficult to obtain vital digital behavioral data, such as in-app purchases and media consumption.
The article then delves into a proven option for obtaining this behavioral data, which can enrich self-reported data, gained through surveys and other traditional methods. Paul writes "We must build user-friendly ecosystems that nurture trust and give consumers control over their own data."
At Measure, we have found that this is a proven approach - as long as key trust principles are implemented and followed. These include: data sovereignty (consumer control and consent); an environment that features "privacy by design"; fair rewards and incentives for sharing information; and transparency to achieve accountability and build trust. The complete article elaborates on these important points.
Paul concludes with: "We know that as researchers, marketers and brands, we must gain a more complete understanding of digital behaviors as the world around us transforms. Building trust with individuals, from the ground up, is at the heart of this approach to consumer insights."
For the complete article visit: https://www.ama.org/marketing-news/accessing-the-next-generation-of-consumer-behavioral-data/