Hi Reader, By now, we’re all familiar with web cookies and clicking those little boxes giving our consent to be tracked when visiting virtually any website. But did you know that cookies will be disappearing and have been for the last 5 or 6 years? Well, not all cookies, but some pretty important ones. Ever since the EU passed the GDPR (General Data Protection Regulation) in 2018, certain types of cookies have been disappearing. The first thing to understand is that there are two kinds of cookies or tracking that happens:
First party cookies aren’t going away any time soon, because they’re incredibly valuable to organizations, businesses, and even governments in understanding their audiences. Third party cookies, however, have been kinda-sorta going extinct for a while. Almost all major browsers have blocked, or enabled easy blocking of, these cookies over the last several years with one very behemoth exception. If you guessed Google, you’re spot on. Google has continually delayed its plans to get rid of cookies year-over-year. The problem is, what to put in its place so Google doesn’t suddenly lose a huge revenue stream and probably more than just one. Recently, Google announced, yet again, that it plans to phase out third party cookies in 2024 while it works to develop their replacement. Here’s why all of this matters to us not just as consumers but as business owners, too:
And, here's something else that might give you some food for thought... If, like me, you've noticed everyone seems to have an app they're steering you to use, this is because it's a lot easier to collect first party data via an app than a website. While it’s unclear how Google will replace third-party cookies, the growing movement against large-scale, Internet-wide tracking does mean it may be easier for small businesses to compete with larger companies that typically have deeper marketing pockets. Only time and Google will tell. Until next time, Even a little bit curious to learn how to drive profitability with your pricing? Please click here to take share your thoughts with me. Sharing is caring. Please pass this message on. Your success is our strategy! No longer want to receive my newsletter but don't want to miss my special offers and announcements? Click here. |
I help entrepreneurs leapfrog over the typical potholes that derail most small businesses with inspiration, motivation, education, and support across a wide range of business topics drawn from over a decade of running my own business, teaching entrepreneurship for the City of New York, and coaching and consulting privately with dozens of women and minority small business owners. Honestly, why go it alone when help is an email away?
Hi Reader, After 20 years, I'm moving house and probably will be moving again shortly thereafter. The prospect of moving is, in a word, daunting. It's one of the most stressful things we experience in life. I'm trying not to think about all of that and look on this time as an opportunity to let go of the things that no longer serve me and streamline the things that do. Though, it's not easy. Recently, I also started cleaning out my business email box to free up storage and I was reminded of a...
Hi Reader, Every time I teach a business growth class, I ask students to include their top 3 highlights as their final slide of their business growth presentation. Whenever I book Katherine Pomerantz as a guest speaker, she ends up on so many students' final slide because they learn such amazing money tips that no one ever teaches us on how to build and protect generational wealth as an entrepreneur. Next week, on May 7th & 8th Katherine is holding aFREE event, MOMentum*, which she's designed...
Hi Reader, Most entrepreneurs don't think about insurance until, they need it, and by then it's too late. I sure didn't. It wasn't until a client asked me if I had it that it even entered my mind. Then, I had to quickly find a policy not really knowing what I was buying so I could confirm, "yeah, I'm covered." The truth is, there are a lot of different types of business insurance and what is right for you depends upon where you are, what you sell, how you sell it, and who you sell it to,...