Warc, 28 July 2014
LONDON: More than half (58%) of British consumers are
unconcerned about how much data they share with brands, a percentage which
rises to more than two-thirds (68%) among 18-24 year-olds, a new survey has
revealed.
According to a poll of 2,000 UK adults aged 18 and over by
research firm Webtrends, just 23% of these younger consumers believe
data-sharing will be viewed negatively in the future, Retail Times reported.
And nearly two-thirds (64%) of 25-34 year-olds are also
relaxed about sharing data, although older consumers are more sceptical, the
report found.
Half of consumers aged 55 and over object to sharing data
with brands completely and another half (49%) believe data-sharing will be
viewed negatively in the future.
John Fleming, marketing director EMEA and APAC at Webtrends,
said it isn't surprising that young consumers are willing to share their
personal information with brands.
"Younger generations have grown up in a far more
connected, data-centric world and often recognise the benefits of sharing
personal info with their favourite brands," he said.
The research also revealed the main drivers for encouraging
UK consumers to share personal data. These include a discount on clothes (36%),
free delivery (31%) or a discount on a holiday or travel (28%).
They are most willing to share their name and email address
with retailers (64%), but this falls to just 17% when asked for more detailed
information, such as their income level or home address.
Almost half (49%) would share information with a travel
brand, but this declines to 10% when asked for more detailed data. They are
most reluctant to share greater detail with charities – only 5% say they would
do so.
"Brands often have to compete with legacy
perceptions," Fleming explained. "For example, people may have had a
bad experience with a charity using their information for persistent
communications and telemarketing."
But he said brands could overcome these perceptions by
making better use of the data they have available.
"Brands can personalise their communications, time them
more appropriately and engage with their customers in the way they prefer,
which leads to greater brand perception, loyalty and trust – a
win-win-win," he said.
Data sourced from Retail Times; additional content by Warc
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