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A majority of UK consumers (55%) would prefer to see more relevant ads served to them online, while 52% are happy to see ads as they appreciate that it allows them to access free content.
However, though 48% presumably aren't happy to see ads, just one in ten would pay for ad-free content.
A study published by the IAB and ValueClick, based on 2,000 interviews (conducted online and offline), looks at consumer attitdudes to online ads, privacy and, of course, cookies.
Here are a few of the stats from the study...
There is much discussion of cookies thanks to the e-Privacy Directive, and one thing that comes from the various surveys is the lack of understanding of what cookies do.
In our recent cookie law survey, 40% said they believed cookies were bad for the web, while a recent IMRG study found that 33% thought they could be used for viruses and trojans.
This IAB study reveals a similar level of misunderstanding. Though half of the respondents said they had deleted cookies in the past six months, a lot of them didn't know what they were.
Of the 64% of people who said they knew what a cookie is, only 57% actually chose the correct definition from the options shown to them (in our recent survey, 69% said they knew what a cookie is).
This means that 39% of people who deleted cookies in the last six months did so without correctly knowing what cookies are and what they’re used for.
Do you know what an online cookie is and why websites use them?
This further underlines the issues facing websites looking to comply with the e-Privacy Directive and persuade customers to give their consent.
If most don't even know what they are, how can they make an informed decision, and will they trust the explanations provided by online retailers?
Attitudes to online advertising
52% of consumers are happy to see online advertising because it allows them to view content or use services online at no cost. 61% expect that a large portion of the web would disappear without the advertising revenue that is needed to support it.
It's good that a majority appreciate the importance of advertising though it seems the other 39% expect free content while failing to appreciate how it is provided to them.
Customers also want control, 45% want to control the ads they see online, while 40% want 'easy access' to the information that is being stored about them.
This is a point on which marketers and consumers agree. Web users don't want to see irrelevant ads, and advertisers want to deliver their content to a receptive audience.
55% said they would rather see online advertising relevant to their interests and 59% would prefer a lower number of relevant ads than a higher volume of irrelevant ones.
This is where cookies are vital, and the e-Privacy Directive will actually work against consumer wishes in this case.
This is because, according to our recent survey, the very cookies that store information which is used to improve the relevance of ads are those that consumers are least likely to consent to.
Just 21% are happy to consent to cookies which are used to improve ad relevance, and 17% for those used to target them on third party sites.
What kinds of cookies would you be happy to consent to?
If consumers want more relevant ads, and free content on the web, the price is to provide enough information to allow this to happen. People are happy enough to share plenty of details and photos of their personal lives on Facebook. The information stored on most cookies is nowhere near as personal.
Image credit: mollybob via Flickr