Why Facebook’s New Privacy Policy Is Deviously Brilliant

Read original story on: WIRED

In a deviously brilliant move, Facebook has replaced its privacy policy with a simplified, legalese-free version and released an interactive privacy guide to help educate its users, all without ceding any control over how data is sold to advertisers.

The updated privacy rules actually clear the way for its upcoming push for payments and location-based ads, which is only natural in this stage of Facebook’s evolution. Being upfront might be a great tactic for Facebook, but it’s a tricky line to walk when users are still not getting a fair deal in the value exchange for personal data.

How To Solve The Data/Privacy Paradox

Read original story on: TechCrunch

The digital privacy paradox that we recently explored in our POV on consumer data has been reiterated by a new PEW Research study, which found that an overwhelming 91% of the 607 adults surveyed said they agree or strongly agree that consumers have lost control over how personal information is being collected and used by businesses.

Yet highlighting this data/privacy paradox, 55% of people surveyed also said they are willing to share information about themselves with web companies in order to use their services free. The underlying value exchange, therefore, is crucial to solving this data dilemma that many brands are facing today.

For more insights on this topic, download our POV here.

Sector Spotlight: Quantified Health

One of the more interesting segments of the Quantified Self ecosystem involves health tracking. As platforms like Apple’s Healthkit and Google Fit begin to outline the new marketplace, Quantified Health could become a vital part of the connected self’s daily routine, as well as a new media channel through which brands can communicate with consumers. Here is just a small sample of health-tracking products going far beyond activity tracking.

What is Quantified Health?

Quantified Health is the sector of the market of wearables, apps, and sensors that monitor the way a user’s body and lifestyle perform on a daily basis. This creates data that can provide feedback on activity, leading to a positive impact on the way a person lives.

Sensoria

Sensoria is a line of “smart garments” with sensors embedded in the fabric. Socks can track common activities—step counts, speed, distance—but also can understand gait and foot placement to accurately analyze walking or running patterns. Its shirts and sports bras can function as an extension to a heart rate monitor. All of the products sync with a mobile device via Bluetooth.

Bellabeat

Bellabeat is a suite of devices to intelligently track a pregnancy. The company offers a stylish wristband that tracks an expectant mother’s activity, stress, nutrition and sleep quality. Additionally, Bellabeat manufactures a non-ultrasound pregnancy monitor that can record and share a baby’s heartbeat, as well as send music to the baby in the womb. Rounding out the suite is a smart scale for both the mother and the baby.

Muse

There are a few meditation wearables on the market, but they usually come as part of a larger fitness package. Muse is the only meditation headband that we’ve come across — its sensors detect brainwaves, like a miniature EEG machine. The app provides goals for relaxation sessions, which are meant to reduce the intensity of brainwave patterns.

What opportunities does Quantified Health present to advertisers?

The advertising potential in Quantified Health products could open an entirely new channel to consumers. Apps can deliver branded content emphasizing fitness and health as users begin to integrate the technology into their lifestyle, and the surplus of data will present a more granular picture of demographics and user identities. Finally, the technology itself can be used to drive users toward purchase, with in-app marketplaces or deals.

Netflix Continues To Push Into Original Content

Following the news earlier this week of signing a deal with Weinstein to release “Crouching Tiger 2” simultaneously with select IMAX theaters, Netflix is continuing its push into original content by announcing a deal with Adam Sandler. The comedian will produce and star in four feature-length films set to premiere exclusively on Netflix. Although his recent works have been misses more than hits, Netflix has apparently gathered enough behavioral data to determine that its audience would love to see four more movies from the guy who made “Jack and Jill.”

POV: How Can Consumers Trust Brands With Personal Information

Download the POV here.

You may think of consumer data collection—and the resulting privacy concerns—as “corporate evil-doing”. But really, it’s just a delicate value exchange that most brands have yet to figure out how to manage.

In order for consumers to trust brands with their personal data, brands must actively take steps to ensure that:

  • Consumers consent to data collection
  • Once collected, data remains secure
  • Data proves helpful to both the brand and the consumer

Learn more about how to win that consumer trust by downloading the POV here.

 

 

Yahoo Buying Mobile Start-Up Flurry For Its Data

Yahoo has confirmed to be acquiring Flurry, a mobile ad platform with real-time bidding feature. Following a slew of mobile start-up acquisitions, however, Yahoo’s interest in Flurry might be more than just for their mobile products and resources. Along with its ad exchange platform, Flurry also offers a mobile analytics platform popular with app developers, with nearly half a million apps on iOS and Android employing Flurry’s tool to track how people are using their apps. Therefore, Flurry hoards a considerable amount of the valuable behavioral data that Yahoo desperately needs to jump-start its mobile business.

ThinkUP Aims To Attract Regular Social Media Users

eBy and large, almost all social media analyzing tools available today caters to the brands seeking a better understanding of their online marketing efforts. But in this age of big data, would such service interest regular individual user as well? ThinkUp, a creation of Gina Trapani, Lifehacker’s founding editor, seems to be positive about building a regular-consumer-facing social media analyzing service. It offers a variety of features that “archive, analyze, and give you control over your online social life”. Whether there be enough power users on social media who would pay subscription to support this business model remains open to debate, but this is certainly one way to escape the oversaturated market of business-oriented social media analyzing platforms.

New App Utilizes AT&T’s Sponsored Data Program

Syntonic Wireless unveiled a new app that promises to take advantage of the “Sponsored Data” program of AT&T, which detracts the data you used on branded content from your monthly data plan, and lets app developers and brands pick up the tab instead. A demo of this “content store” app shows many features — from installing apps, to browsing online stores, and eventually streaming branded videos — with none of these eating into your data limit. This new development suggests a refreshing way of encouraging screen-shoppers and mobile-viewers by reducing the hefty cost of data on the consumers’ end. How well the mobile users would embrace that, however, remains to be seen.

The Importance Of Protecting Brand’s Digital Presence

A restaurant in D.C.-area has fallen victim to foul play of its business info listed on Google Map. The specialty meat restaurant Serbian Crown was forced to close due to its unreasonable business slump during the weekends, and they believe their business hour incorrectly listed on Google Map is to be blame. This particular case once again highlights the problem of brand’s control over its public digital data and marketing efforts when it comes to the Internet. And this unfortunate case underscores the devastating consequence of that. Given most online platform’s equalitarian open-submission policy, it is very much up to brands to make the efforts of protecting the voice and authenticity of their online presence.

Barriers To Wearable Adoption

Wearables were undoubtedly one of the categories at CES with the most growth potential. With embedded sensors, these wearables can measure everything from calories consumed to steps taken and hours slept. As this Fast Co article points out, however, there are some serious roadblocks to mainstream adoption, chiefly battery life, technical limitations, and “aesthetic drawbacks.” Despite these issues, there are a few things that brands need to take note of in the wearable space concerning media. First and foremost, wearables require a glanceable UI that packages information in an immediately digestible and actionable way. Secondly, successful ones let data tell stories like Nike+ ability to share runs with friends or ZombieRun which marries fitness tracking with a Zombie adventure game.