Privacy groups believe that there needs to be legislation in place to protect consumers on the internet. Many are concerned that data collection of consumer’s internet experiences are not fair to the consumers, unless they opt in to allow this behavioral targeting to happen. The FTC was petitioned back in 2007, however now it is at the point of Congress and potentially enacting a new law(s).
Many retailers believe their use of behavioral targeting has allowed them to have an increase in sales. According to one retailer, “Personalizing a Web site [via behavioral targeting] helps an individual with an intent to find what they are looking for and helps the site owner deliver more content that is relevant to the individual, said Pete Olson, VP of product management at Amadesa.” The new potential legislation is looking at having the consumer “allow” such tracking of their internet behavior. Yahoo has argued that a consumer’s privacy should be respected in order to build trust with their consumers. Yahoo is doing it’s own regulatory data collecting by only keeping consumer’s data for 90 days. However, not all businesses are wanting to implement their own “rules”, therefore legislation seems to be the only way to protect consumer’s rights.
Leadpile will keep an eye on what happens with this potential legislation.

An updated report has been rolled out protecting the privacy of consumers online.  Behavioral targeting is something a lot of website owners, search engines and other online advertisers do to determine certain information about consumers online activities.  This report was originally rolled out in November 2007, however there was a need to make some updates to the report.

One of the changes made allows websites owners to utilize consumers information for their own website marketing, however they can not share the consumer’s personal information for other gain.  According to DMNews, the report also discusses the potential benefits of behavioral advertising to consumers, such as the free online content that advertising tends to support, as well as the benefits of personalization.” So there is maybe some benefits to behavioral advertising?
The bottom line with this revised report is that the FTC is trying to make sure that consumers are protected while searching online. However, at this point the “leash” is very loose, and it appears the FTC is trying to let the online advertising industry handle this on their own. Furthermore, I am sure there will be some sort of intervention if consumer’s personal information continues to be violated.
Leadpile Lead Exchange believes in protecting consumers information in a way that those that are not supposed to have the consumers personal information do not. We generate thousands of leads per day, and are adamant on making sure we protect each and every one of those consumer’s private information.