FTC Mobile App Suggestions Not Good For Marketers
The past weekend's news on the FTC's "suggestions" about limiting consumet behavior tracking is an indication that mobile is emerging with more rigorous standards for data use than online. The implications for advertisers will be a need to define ways to deliver effective marketing without all the data that they have become accustomed to online. They are also going to have to embrace opt-in. The knee jerk reaction that consumers have about privacy will limit their own ability to access relevant opportunities.  According to Mobile Media Summit CEO, Paran Johar, "Consumers are tired of what I call "Spamadvertising"especially on the uber personal mobile device - they crave relevant messaging they just don't understand the content monetization equation and trust tech companies to enable this. Meaning content is not free, it has to be paid for. Either you pay to download, subscribe, or advertising pays for it. The less relevant the advertising the less it works, thus the less it costs and the less content it will subsidize. The more relevant the advertising the more it works and the more content it will subsidize. Data enables this relevance, which consumers crave and thereby blurring the line between an ad and content thereby providing a value exchange between the consumer and a brand." It could amount to the ultimate discussion about what consumers give up and what they get in return from marketers.  http://nyti.ms/12o2FpO







