THIRD-PARTY COOKIES

To survive in the coming cookieless world, revisit your ethics

By our News Team | 2021

Because technology outpaces laws, businesses have got away with using cookies. But when that changes, customer trust will be paramount.

Third-party cookies, as many marketers will be well aware, are being discontinued by Google in 2023, largely because of privacy issues. 

One of the reasons why cookies have survived so long is because technology outpaces legislation. Likely, most companies always knew that using cookies was a grey area, but chose to use them anyway, says Willem Blom, a Partner at the curiously named Amsterdam-based digital agency, Dept.

Third-party cookies

Image by Darkmoon_Art from Pixabay

“To survive in a cookieless world, those ethics need to be revisited,” Blom urgues. 

“After all, today’s customers are a lot more knowledgeable than companies give them credit for and will be sensitive as to how their data is collected and handled. To earn their trust, transparency and ethics are immeasurably important.”

The beginning of something better

He believes the silver lining is that the end of third-party cookies is not the end of data. It will be the beginning of something better instead. With third-party cookies positioned to fade within a year or two, ‘cleaner’ data now has the chance to grow and evolve. 

“There’s simply too much value to be derived from advertising revenue, so while things will certainly change, customer data will remain one of the most heavily invested-in areas of any modern business,” Blom says.

In addition to unlocking and activating first-party consumer data with the help of tools like customer data platforms (CDPs), increasing numbers of brands are going straight to the source.

Look for the rise of zero-party data

He points out that international research and advisory company Forrester coined the term ‘zero-party data’, which it defines as: “Data that a customer intentionally and proactively shares with a brand. It can include preference centre data, purchase intentions, personal context, and how the individual wants the brand to recognise them.”

According to Blom, a zero-party data strategy doesn’t force users to fill in their details. Rather, it’s built on a relationship of trust. It’s built on the understanding that by providing a ‘give to get’ value exchange, consumers are more likely to share their information in return for a tailored, more valuable customer experience.

“Valuable information can be derived from areas such as customer logins, newsletter [subscriptions] and chatbot conversations. Not only will this allow businesses to better understand their customers, the overall quality of attribution and actionable data science methods will also increase.”

View all articles »
author avatar
owlmediaweb@gmail.com
See Full Bio

PUBLICATIONS

Strategic Marketing for Africa Magazine

CONTACT INFORMATION

info@africanmarketingconfederation.org

0
    0
    Your Cart
    Your cart is emptyReturn to Shop
    Continue Shopping

    Dr Kin Kariisa

    Group CEO - Next Media

    Dr. Kin Kariisa is an extraordinary force at the helm of Next Media Services, a conglomerate encompassing NBS TV, Nile Post, Sanyuka TV, Next Radio, Salam TV, Next Communication, Next Productions, and an array of other influential enterprises. His dynamic role as Chief Executive Officer exemplifies his unwavering commitment to shaping media, business, and community landscapes.
    With an esteemed academic journey, Dr. Kariisa’s accolades include an Honorary PhD in exemplary community service from the United Graduate College inTexas, an MBA from United States International University in Nairobi, Kenya, a Master’s degree in Computer Engineering from Huazong University in China, and a Bachelor’s degree in Statistics from Makerere University.
    Dr. Kariisa pursued PhD research in Computer Security and Identity Management at Security of Systems Group, Radboud University in Nijmegen, Netherlands. As a dynamic educator, he has shared his expertise as a lecturer of e-Government and Information Security at both Makerere University and Radboud University.

    Dr Kin did his PhD research in Computer Security and Identity Management at Security of Systems Group, Radbond University in Nigmegen, Netherlands. He previously served as a lecturer of e-Government and Information Security at Makerere University in Kampala, Uganda and Radbond University in Netherlands.

    Dr Kin did his postgraduate courses in Strategic Business Management, Strategic Leadership Communication and Strategies for Leading Successful Change Initiatives at Harvard University, Boston USA.

    • Other current and previous roles played by Dr Kin Kariisa:
    • Lecturer of e-Government and Information Security to graduate students at Makerere University, Kampala and Radbond University in the Netherlands
    • Director of Eco Bank Uganda Limited, one of the largest banks in Africa
    • Chairman of the National Association of Broadcasters, an umbrella industry association for all Television, Radio and online broadcasters in Uganda.
    • Chairman of Board of Directors of Nile Hotel International, that owns the leading hotel in Uganda, Kampala Serena Hotel.
    • Chairman of Board of Directors of Soliton Telmec Uganda, the leading telecom company in Optic fibre business managing over 80% of optic fibre in Uganda.