Observed Signal · Aug 2, 2022 · Other · Source: CMSWire · Impact: 2/5 · Sentiment: Positive
Building a Gold Standard for Consumer Trust
In an editorial analysis, technology leaders from Tealium and Verint discuss how brands can build consumer trust through transparent data handling and the adoption of customer data platforms (CDPs). Mike Anderson, CTO and co-founder of Tealium, emphasizes that integrated, privacy-compliant data collection across all channels is key to maintaining comprehensive and trusted customer profiles. Rick Blair, VP of product strategy at Verint, highlights the importance of involving internal stakeholders and forming steering committees to manage regulatory changes and consumer expectations. The article reviews the impact of GDPR and CCPA on consumer awareness and argues that organizations demonstrating clear data usage and deletion capabilities can differentiate themselves. Ultimately, the piece underscores that consumer trust is directly correlated with customer experience and transparent data practices.
Editorial piece discussing data privacy and CDP strategies, relevant for MarTech but not breaking news or a major platform update. Provides expert insights that may influence industry practices.
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Key Takeaways & Evidence Grounding
- Tealium CTO Mike Anderson advocates for CDPs to enable privacy-compliant data collection and activation.
- Verint VP Rick Blair stresses that consumer trust is directly correlated with customer experience.
- Article references GDPR and California's CCPA as key privacy regulations shaping consumer expectations.
- Brands that communicate data usage and provide deletion options can build trust versus competitors.
- Both experts suggest forming cross-functional working groups to address evolving privacy laws.
Connected Companies & Entities
2 Entities mapped“Mike Anderson, CTO and co-founder of Tealium, said consumers don’t know (or care) about the silos inside of a company....”
“Rick Blair, vice president of product strategy, experience management for Verint, explained that two groups of key stakeholders impact consu...”
Ontology Mapping & Concepts
Related Market Signals & Shifts
Recent verified developments and strategic activity across this market segment.
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