Two years in the making, IAB’s GPP is now available. It has been designed to help businesses, including advertisers, publishers, and technology vendors, comply with the EU’s TCF and US CCPA legislation across digital media channels. The intent is to simplify transparency for consumers via managing signals they receive.
Budgets are shifting to search and social channels as privacy changes make display ads less effective. Nielsen finds that social influencers are much more trusted (71%) by consumers than social media ads or search ads (tied at 36%). The spectacular rise of TikTok is one result. Read the report for more on influencer types, demographics, locations, and engagement rates.
While not final, a draft from California’s Privacy Protection Agency (CPPA) indicates what CPRA businesses should prepare for. Rules include a requirement to honor global opt-out requests, clarification of language when choices are given, consumer notification of third-party collection and information handling, consumer rights to limit use of sensitive information, and having hyperlinks guide consumers directly to applicable areas of privacy policies for transparency and ease-of-use.
CDP mParticle is being acquired by ecommerce platform Rokt for a price of $300 million. It’s the third acquisition of a leading independent CDP in a little over one month, following Uniphore’s purchase of ActionIQ and Contentstack’s purchase of Lytics. All three buyers offer some type of customer-facing technology; apparently they’ve decided that adding real-time profiles from CDP will give them a competitive edge. (See this blog post for more analysis.)