Survey: 74% concerned about brands tracking online behaviour
July 21, 2022
Data reveals that 75 per cent of US and UK consumers are not comfortable purchasing from a brand with poor personal data ethics. The survey, conducted by The Harris Poll on behalf of Permutive and consisting of over 3,000 US and UK based adults, shows consumers are concerned about their data privacy, being tracked online, and want more choice in the data they share with brands.
The consumer data underscores a trend of decreasing consumer trust with targeted advertising. The study found that three-quarters of consumers (74 per cent) are concerned about brands being able to view and track their online behaviour to target them with advertising. And despite regulatory interventions such as the General Data Protection Regulation and the California Consumer Privacy Act, only one in four (27 per cent) consumers say they completely understand how their personal data is used by brands and companies to target them with advertising online.
This lack of trust and knowledge in how their data is being used results in consumers opting out of advertising at increasing rates. If given a choice, 42 per cent of consumers would not share any personal data online with advertisers, and 51 per cent would like to choose the types of personal data to share online with advertisers. When it comes to protecting that data, one in three (34 per cent) consumers believe that brands are responsible for protecting their personal data online, even if they have actively or passively shared that data with the brand.
This could mean shrinking revenue for brands and media properties that don’t prioritise consumer privacy: 89 per cent of consumers say they would be more likely to spend money with a brand that makes a commitment to protecting their personal data online over one that doesn’t.
“There needs to be a focus on sustainable solutions that are grounded in user consent for companies to protect their consumers and their revenue,” says Joe Root, CEO and co-founder at Permutive. “We’re faced with consumers opting out of advertising at increasing rates, which will create a bigger shockwave than the demise of third-party cookies. It’s imperative that we rebuild data in advertising to protect consumer privacy by empowering publishers, brands, and adtech partners to work together to use data responsibly.”
The survey results show that the advertising industry is no longer in a position to ignore consumer sentiment regarding data privacy. The entire ecosystem must move toward a more responsible web that is marked by respect for privacy when it comes to the collection, management, and usage of consumer data. By doing so the ecosystem will benefit from privacy-forward advertising that doesn’t compromise on addressability, relevance, or scale.
Key Takeaways
- 75 per cent of consumers are not comfortable making a purchase from a brand that has poor personal data ethics.
- Only 27 per cent of consumers say they completely understand how their personal data is used by brands and companies to target them with advertising online.
- 89 per cent of consumers say they would be more likely to spend money with a brand that makes a commitment to protecting their personal data online over one that doesn’t.
- 74 per cent of consumers are concerned about brands being able to view and track their online behaviour to target them with advertising.
- 42 per cent of consumers would not share any personal data online with advertisers and 51 per cent would like to choose the types of personal data to share online with advertisers.
- 34 per cent of consumers believe that brands are responsible for protecting their personal data online, whether they have actively or passively shared that data.