The EU's General Data Protection Regulation (GDPR) has significantly impacted marketing practices by enhancing consumer privacy rights and imposing stricter rules around using personal data. Here are some key implications:
- Requires explicit opt-in consent to collect and process personal data for marketing purposes. Cannot pre-check opt-in boxes.
- Limits profiling and targeted advertising without explicit consent.
- Anonymizing customer data used for marketing is recommended.
- Provides consumers the right to access their data and have it deleted.
- Data collected must be minimized to what is adequate and relevant.
- Requires appointing a Data Protection Officer (DPO) to oversee compliance.
- Imposes data breach notification within 72 hours along with guidance to affected users.
- Substantial penalties for non-compliance - up to 4% of global revenue.