There was a recent story in the New York Times business
section that caught me eye. It was about the giant US-based marketing and data company
Acxiom and the news that, in the interest of transparency, they were now giving
consumers a peek behind the curtain—and letting you see just what data they had
collected on you and your family.
According to the
article, Acxiom “has amassed details on the household makeup, financial means,
shopping preferences and leisure pursuits of a majority of adults in the United
States”. This data includes everything from your income, family status
(married? kids?), to the car you drive and house you live in. Plus, and here’s
where it get’s interesting, your recent purchase categories “like plus-size
clothing or sports products; and household interests like golf, dogs,
text-messaging, cholesterol-related products or charities”.
So what does Acxiom know about you? It’s easy to find
out.
The company just
launched a free Web site called AbouttheData.com that reveals all. And even though I work in
marketing myself, I was curious. What data do they have? Is it correct? Do they
really know about my family and all our past purchases? Is the data then
evident in the advertising materials I receive? After all, the primary purpose
of collecting this data is to tailor offers that are relevant to me and my
family.
So I went to the Axciom,
answered a few simple questions that ensured I was looking at my data and not
somebody else’s, and glimpsed the same vital marketing information that direct
marketers and list buyers see. The result of my query? A mixed bag.
While Acxiom knew the
ages of my family members and my income, they had greatly overestimated the
income of my wife. And while they knew the make and model of our primary
vehicle, my home details were missing even though we had moved into a new place
well over a year ago.
When it came to “purchase
categories”, they did nail several that were big in our household, including
pet supplies. (With nine cats, we’re in “crazy cat lady” territory.) They also
called out the women’s fashion category, no surprise with a pair of
fashionistas in my home. (Which helps explain the nearly daily fashion catalogs
that wind up in our mailbox, many from marketers we’ve never purchased from.)
But according to a
recent report in the online pub Digiday, Acxiom did a lot better with my data
than they did with others. Among their staffers who checked out the site, one
was incorrectly identified as a military veteran, another household was
incorrectly flagged as having children, while a third person who doesn’t own a
car was listed as having their auto insurance due the following month. Their conclusion:
The tool allows consumers to see what
type of data is being used to target ads and offers to them, but it also
highlights just how inaccurate that information is. One could easily see the
site as a way to convince people they shouldn’t be alarmed by data brokers
because who they think you are is far different from who you really are.
Does Axciom have your
data right? You can find out here.
This post originally appeared on Loyalty Truth, September 19, 2013.
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