The Intelligent Marketer’s Guide to Data Privacy The Impact of Big Data on Customer Trust

**Winner of the 2021 Leonard L. Berry Marketing Book Award from the American Marketing Association.**

Firms are collecting and analyzing customer data at an ever increasing rate in response to evidence that data analytics (precision targeting, improved selling) generates a positive return.  Yet efforts often ignore customers’ privacy concerns and feelings of vulnerability with long-term effects on customers’ trust, relationships, and ultimately financial performance. Big data, privacy, and cybersecurity often is relegated to IT and legal teams with minimal regard for customer relationships.

This book fills the void by taking a customer-centric approach to privacy. It offers both defensive and offensive marketing-based privacy strategies that strongly position firms in today’s data-intensive landscape. The book also helps managers anticipate future consumer and legislative trends. Drawing from the authors’ own work and extant research, this book offers a compelling guide for building and implementing big data- and privacy-informed business strategies.

Specifically, the book:

·         -Describes the consumer psychology of privacy

·         -Deconstructs relevant legal and regulatory issues

·        - Offers defensive privacy strategies

·         Provides an executive summary with the Six Tenets for Effective Privacy Marketing

1. Customer Data Privacy: Why Every Marketer Should Care.- 2. The Psychology of Consumer Privacy.- 3. The Changing Privacy Legal Landscape.- 4. Big Data’s Marketing Applications and Customer Privacy.- 5. Inoculating Against Customer Vulnerability.- 6. Privacy Failures and Recovery Strategies.- 7. Understanding and Valuing Customer Data.- 8. Data Privacy Marketing Audits, Benchmarking, and Metrics.- 9. Effective Privacy Marketing Strategies.

Robert Palmatier is Professor of Marketing and John C. Narver Chair of Business Administration at the Foster School at the University of Washington, USA. He founded and serves as the research director of the Sales and Marketing Strategy Institute (SAMSinstitute.com). Robert’s research focuses on marketing strategy, relationship marketing, and privacy. He is the present co-editor of the Journal of Marketing and past Editor-in-Chief of the Journal of Academy of Marketing Science. He has published books Marketing Channel Strategy; Relationship Marketing; Marketing Strategy; and Customer Engagement Marketing.