Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    data analytics
    How Data Analytics Can Help You Construct A Financial Weather Map
    4 Min Read
    financial analytics
    Financial Analytics Shows The Hidden Cost Of Not Switching Systems
    4 Min Read
    warehouse accidents
    Data Analytics and the Future of Warehouse Safety
    10 Min Read
    stock investing and data analytics
    How Data Analytics Supports Smarter Stock Trading Strategies
    4 Min Read
    predictive analytics risk management
    How Predictive Analytics Is Redefining Risk Management Across Industries
    7 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Building Trust with Consumers: Is Disclosure Enough?
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Uncategorized > Building Trust with Consumers: Is Disclosure Enough?
Uncategorized

Building Trust with Consumers: Is Disclosure Enough?

CariBirkner
CariBirkner
5 Min Read
SHARE

As the fourth quarter approaches, think about the number of transactions that will occur online—many through email—and the amount of data that will be pumped across the Internet. Each one of those transactions is an opportunity for your business to build a trusting relationship with the customer.

Collecting information carries with it a responsibility to the consumer to communicate and protect. I would like to sit down kitchen-table-style with each customer of ours and explain not only the benefits of our products but also the safeguards my company has in place for protecting their information along with what information we share, with whom we share it, and what choice they have in the matter. During this idyllic exchange, I do not refer to a particular Section or preamble of a legally-written document that the customer may not comprehend, if even read.

Would you explain your data practices to your customer with legal jargon when face-to-face? If no, then why are so many businesses doing just that online?

In an interview with the New York Times, David Vladeck, head of the Bureau of Consumer Protection at the Federal Trade Commission, states “The empirical evidence we’re …

More Read

What the Consumer Really Thinks of Data Privacy [INFOGRAPHIC]
Java Instead of Python
What Could IBM’s Watson Do for Your Organisation?
R 2.9.2 scheduled for August 24
Introducing the Big Data MOPS Series

As the fourth quarter approaches, think about the number of transactions that will occur online—many through email—and the amount of data that will be pumped across the Internet. Each one of those transactions is an opportunity for your business to build a trusting relationship with the customer.

Collecting information carries with it a responsibility to the consumer to communicate and protect. I would like to sit down kitchen-table-style with each customer of ours and explain not only the benefits of our products but also the safeguards my company has in place for protecting their information along with what information we share, with whom we share it, and what choice they have in the matter. During this idyllic exchange, I do not refer to a particular Section or preamble of a legally-written document that the customer may not comprehend, if even read.

Would you explain your data practices to your customer with legal jargon when face-to-face? If no, then why are so many businesses doing just that online?

In an interview with the New York Times, David Vladeck, head of the Bureau of Consumer Protection at the Federal Trade Commission, states “The empirical evidence we’re seeing is that disclosures on their own don’t work, particularly disclosures that are long, written by lawyers, and written largely as a defense to liability cases.”

Fortunately for marketers, research teams, like the one Lorrie Faith Cranor leads at Carnegie Mellon University’s CyLab Usable Privacy and Security Laboratory (CUPS), are working to take the guesswork out of communication between businesses, via privacy statements on websites, and consumers. They have created a “nutrition label for privacy,” which is proposed to be the standardized format for privacy policies. View a current example here: http://cups.cs.cmu.edu/privacylabel-05-2009/current/1.php

Is the Privacy Label approach the answer? Perhaps. The privacy statement is one more relationship touch point that has the potential to build trust. This is an opportunity for marketers to improve communication and take control of their privacy statements. As Cranor quotes on her personal homepage, “Unless someone like you cares a whole awful lot, nothing is going to get better. It’s not. – Dr. Seuss, from The Lorax”

LashBack Guest Contributor Dianna Koltz, Director of Best Practices at Memolink, Inc, is a leading expert in online marketing compliance and best practices. With over eight years experience and with the Certified Information Privacy Professional (CIPP) distinction, Koltz consults on compliance, consumer privacy issues, data protection issues, and corporate due diligence, which includes vetting consumers and businesses.  She was named to the DMNews 30 under 30 for her proven ability to lead teams, initiate change and growth, drive measurable results for her company, and deliver fresh insight into the marketing challenges in the direct, database and interactive marketing industry.

Link to original post

TAGGED:privacytrust
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

ai in business
Recurring Revenue Strategies for the AI Business Era
Artificial Intelligence Exclusive
ai for playground safety
Using Data to Plan Safer, More Efficient Public Playgrounds
Big Data Exclusive
AI for cybersecurity
How AI Supports Modern Penetration Testing
Artificial Intelligence Exclusive
ai kids and their parents
How Cities Use AI to Improve Playground Design
Exclusive News

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Artificial intelligence can help put tracking tools in your home that are a lot like James Bond. Here's what that means for safety, privacy, and security.
Artificial IntelligenceExclusive

How Artificial Intelligence Puts James Bond Tracking Tools In Your Home

6 Min Read
Image
Data ManagementSecurity

How Microsoft is Protecting the Privacy of its Customers from the NSA

6 Min Read

Data Rights as Law? Meet the Montana Legislator Turning Theory into Policy

11 Min Read

Russian Hackers Steal More Than 1 Billion Passwords in Record-Breaking Data Breach

5 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive
AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?