Discuss the social and ethical concerns that the boom in digital technology has created for marketers

What will be an ideal response?

(Students' answers may vary. The answer given below is indicative.)
The boom in Internet marketing has created a new set of social and ethical issues. Critics worry most about online privacy issues. There has been an explosion in the amount of personal digital data available. Users, themselves, supply some of it. They voluntarily place highly private information on social networking sites, such as Facebook or LinkedIn, or on genealogy sites that are easily searched by anyone with a computer or a smartphone. However, much of the information is systematically developed by businesses seeking to learn more about their customers, often without consumers realizing that they are under the microscope. Legitimate businesses track consumers' Internet browsing and buying behavior and collect, analyze, and share digital data from every move consumers make at their online sites. Critics worry that these companies may now know too much and might use digital data to take unfair advantage of consumers. Although most companies fully disclose their Internet privacy policies and most try to use data to benefit their customers, abuses do occur.

Business

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According to the concept of the frequency escalator, sport marketers are wise to invest more resources into retaining current customers ( and growing their affinity) than into attracting new fans.

a. true b. false

Business

Which of the following is true regarding an oblique strategy?

A) It is based on extensive competitor knowledge but little or no customer knowledge. B) It leverages a knowledge advantage with respect to customers and competitors. C) It involves making a direct attack on a competitor's position. D) It is an overreaction to competitor moves due to limited customer knowledge. E) It is an overreaction to customer demands due to limited customer knowledge.

Business