It’s been five years since the General Data Protection Regulation (GDPR) went into effect, giving us all a few extra grey hairs. But it’s important to understand that all our efforts were worthwhile, since we are only now recognising that this was an important milestone in the overall regulation of data protection and privacy. In this post, I will cover the origins of the GDPR, highlight its impact over the past five years, discuss the effectiveness of the regulation, and explain the role of iPROM Private DMP as a solution for advertisers.

Brands are increasingly looking for ways to take control of their digital advertising and marketing in order to ensure that their ad spend is being used effectively. Building a private walled garden can provide them with the data they need to make informed decisions about how and where to spend their advertising budget. A walled garden can be defined as a closed system or network where user content and activities are restricted to the boundaries of the garden.

In a previous blog post, Miha Rejc, Head of Digital Strategy at iPROM, explained the difference between the media that are part of the so-called open web and the platforms that are also called walled gardens, where user data and their responses to advertisements are only available to the managers or owners of these platforms. He highlighted the key benefits that the open web offers to advertisers, such as agility, data connectivity, and transparency. He also emphasized the user-side understanding of the differences and why savvy advertisers and successful brands understand that the open web is key for any effective digital advertising strategy.

We are increasingly talking about the split in the digital media landscape. With the development of Web 3.0, we are faced with both the open web and walled gardens. Due to the manner in which digital advertising activities are conducted, these media ecosystems, which are an important part of the web, are undergoing rapid transformation at present. In this post, I will explain the difference between the ecosystems and their unique characteristics from the perspective of digital advertising.

What do technological innovations contribute to digital advertising?

Nowadays, technological development is exponentially quick; many innovations appearing on the market a couple of years ago will start being used for mass consumption in the years to come. The last leap of a similar size happened approximately ten years ago when smartphones appeared on the market, changing the manner in which we communicate, obtain information, and perform daily tasks. Our perception of the world has changed. We were all a part of this (r)evolution. The next giant leap is happening right this instant.