Working toward Personalized Commerce
The Office of the Privacy Commissioner of Canada made this outstanding video called Privacy and Social Networks. It’s important to understand, as this video shows, that this harvesting of personal data is going on all the time.
Coaching moment: There are two sides to this problem. On one side are the account holders of these social networking sites. They are busy disclosing their interests, connections, and lives. These account holders may not realize that they are being mapped and sold out to the extent that they are. Perhaps they think it’s ok.
On the other side are the businesses that run these sites. They have Terms of Service (TOS) contracts that account holders agree to, whether they read the terms or not. The businesses engage in harvesting and selling practices that benefit their bottom line. (Would you expect anything less? They are businesses, and this is one way that it’s done.) The problem is that the buying and selling of account holder data is not transparent to the account holders.
If this makes you feel uneasy (and I think it should), think about how you’d change this model. An underlying assumption of the whole user data exchange is that companies want to sell you their stuff. The harvesting and data collection is about making sure you’re more likely to be interested in what they want to sell you. Marketers don’t like guessing, and they often get it wrong. (When you don’t buy, it’s a wasted catalog).
But what would it look like if you had a platform for requesting marketing material for something you’re interested in buying, instead of getting angry that you have so much spam and bulk mail (catalogs and the like)?
This is a much longer post about some work being done in this area. Read more…
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