Matthew Miller
Mar 22, 2019

Privacy regulation: We ain't seen nothin' yet

VIDEO: Stephan Loerke of the WFA discusses the impact of GDPR, the evolving use of agencies, the group's media charter, and the biggest issue people aren't talking about enough.

As global CEO of the World Federation of Advertisers, Stephan Loerke has a unique view into the needs of brand marketers who represent billions of dollars in adspend. Loerke sat down after moderating a session at Campaign360 to provide Campaign Asia-Pacific with insight into a series of issues:

How brands plan to evolve their use of agencies: While an increasing number of agencies plan to evolve the way they arrange their affairs with agencies, Loerke reports that there's still a lot of ambivalence over whether in-housing of functions is a necessity, or a false economy.

The impact of privacy legislation: Loerke also appeared at Campaign360 a year ago, when GDPR was just about to be put into place, so this year we asked him to comment about how privacy regulations have changed the landscape so far. His assessment: We ain't seen nothin' yet.

Making the WFA Media Charter a reality: Loerke also provides an update on the WFA's eight-plank platform for reforming digital advertising. Progress is being made on transparency, he argues, as well as on transforming ad fraud, changing it from a low-risk, high-reward activity for bad actors into the opposite of that. He also reveals which plank of the WFA's charter hasn't been getting enough attention so far.

Source:
Campaign Asia

Related Articles

Just Published

2 days ago

Apple leads as US dominates Kantar's Top 100 Global ...

As US brands dominate the top 10 in Kantar's BrandZ 2025 ranking, Chinese companies and APAC players like Airtel are rapidly gaining ground, signalling a shifting balance in global brand power.

2 days ago

Microsoft to retire Xandr DSP in favour of an ...

After acquiring the DSP from AT&T in 2021, Microsoft’s priorities began to shift more to the sell side, with AI at the forefront.

2 days ago

Arthur Sadoun calls for ‘different approach’ at ...

Publicis CEO says Lions festival should not just be about 'AI theory' or 'celebrating creativity for its own sake', given the toughest conditions since the pandemic.

3 days ago

From Hiroshima to Hangzhou: How Jagabee and Frugra ...

The Tokyo-headquartered maker of the hugely popular potato fries, Calbee, is tapping into anime fandom and IP collaborations to boost sales and brand affinity in China. Read our interview with CMO Hiroyuki Miyakura.