GDPR Explained - YouTube

Channel: Oberlo

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If you run an ecommerce store, that means you’re already plenty busy.
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SEO, social, design.
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You don’t need another item for the to-do list.
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So let me apologize right away for adding one.
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It’s just that, well, GDPR is too important to ignore.
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Hey everyone, and welcome to the Oberlo YouTube channel, where we dig into all things dropshipping
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and ecommerce.
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I’m David, and today we’re talking about GDPR.
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You heard of GDPR?
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If you haven’t, chances are you will soon.
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In this video...
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1.
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We’ll go over what this GDPR thing actually is
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2.
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We’ll explain what it means for you and your store
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3.
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And finally we’ll wrap up looking at how you can capitalize on GDPR, so stick with
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us til the end to see how GDPR can be your marketing tool.
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Let’s do it.
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So, first things first.
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What is GDPR?
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GDPR is short for General Data Protection Regulation.
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It’s 88 pages and 50,000 words long, and we thought it’d be a good idea to just go
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ahead and read through it so that there’s no confus--
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--OK, apparently reading it wouldn’t make for good YouTube [discard papers], so let’s
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just say that GDPR is Europe’s big new data protection regulation.
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GDPR takes effect in May 2018 and it creates rules for how all European residents’ data
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must be handled.
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And in some very real ways, it reshapes what it means to do ecommerce in Europe.
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Now, GDPR is not a tech document.
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At all.
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In fact, ecommerce is only discussed once.
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And that’s in a footnote.
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And call it “electronic commerce.”
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GDPR is less of a digital playbook than a statement on fundamental rights.
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That’s how you get stuff like, quote, “The processing of personal data should be designed
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to serve mankind.”
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But while you’re serving mankind, you also need to serve your customers.
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So let’s get familiar with what GDPR means for you.
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Regardless of where you are based -- US, Canada, Germany, Japan, wherever -- GDPR applies to
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everyone who offers products or services to consumers in Europe.
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OK then.
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So if your ecommerce shop is available in Europe, you have to comply with GDPR.
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Europe accounts for about 25% of global GDP, so it’s not a market you should ignore.
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And that means can’t ignore GDPR, either.
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Let’s look at 5 things that every store owner should know about GDPR.
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1.
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Consent is king.
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Being GDPR compliant means you can’t assume what your users want.
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For example, GDPR says, quote, “Silence, pre-ticked boxes or inactivity should not
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constitute consent.”
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That means you should avoid stuff like this:
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2.
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Only collect data that you need.
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The heart of GDPR is protecting people’s data.
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You can limit your exposure to new rules and regulations simply by not collecting data
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that you don’t need.
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If there is no business value in knowing, saaay, what company your customer works for,
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then GDPR gives you an incentive to not even ask.
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If you’re not going to use the information, then don’t ask for it.
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And if you are going to use it, be really clear about what you’ll use it for.
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For example, sometimes you’ll see checkout pages that ask for a shopper’s phone number.
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Store owners need to ask themselves, “What am I going to use this person’s phone number
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for?”
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There are definitely legit reasons to ask for a phone number.
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Could be for SMS campaigns, or as a safeguard against fraudulent orders.
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Shopify’s fraud detection flags orders if the shipping address and IP address are in
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different locations, and then uses the phone number to protect consumers and get confirmation.
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That’s fine as far as GDPR goes.
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Just make sure that you explain this stuff in your terms and conditions and privacy policy.
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Which brings us to number 3:
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3. Make everything really clear.
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Regulators in charge of GDPR compliance love transparency.
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You could put an “unsubscribe” link on your website next to “subscribe.”
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You could link directly to your terms and conditions and privacy policy from your footer.
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Putting all of this stuff out in the open is one of the simplest ways to protect yourself
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from concerns about GDPR compliance.
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4.
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Don’t do sneaky stuff.
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Speaking of out in the open -- don’t do sneaky stuff.
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For ecommerce store owners, so much of GDPR boils down to simply not being sneaky.
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If you are honest and transparent and implementing best practices, then you probably won’t
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have regulators knocking on your door.
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Which means

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5.
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Keep selling in Europe!
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The European Union is not trying to shut down online stores.
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So, even if GDPR seems a bit old school, it’s not part of some coordinated effort to sink
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ecommerce.
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Which means you can and should sell in Europe!
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Especially if you’re a dropshipper.
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After all, European markets have a lot of English speakers to reach with ads, plus shipping
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from Chinese suppliers to European markets is cheap and relatively fast.
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If you want to learn more about dropshipping internationally, go here
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Big time.
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GDPR isn’t just rules and headaches.
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It’s a huge opportunity: European customers will like you more if you are GDPR compliant.
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Data privacy is kind of a big deal in Europe.
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That’s why European companies from every sector use data protection and data privacy
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as a selling point, and store owners can do the same.
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Here, for example, is the homepage of the German supermarket chain Edeka.
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When you arrive, you get a heads up that they use cookies, as well as a link to a “Privacy
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Policy” page – that’s the blue word that says “Datenschutzhinweisen”.
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This data privacy stuff is WAY bigger than the company logo.
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It’s front and center and huge
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Interested customers can also find a massive cookies section in the imprint, which also
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links back to the data privacy section.
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Topics surrounding GDPR compliance are planted all over the website.
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Remember: Edeka isn’t a financial institution or a government body.
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It’s a supermarket, and still, the website is littered with references to data privacy.
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Simply put, data privacy and data protection are huge topics in Europe.
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Sure, some countries require companies to give details about cookies and data protection.
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But these websites don’t just give details.
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They show it off.
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It’s marketing!
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European consumers want to feel comfortable about data privacy issues before  engaging
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with a brand and making a purchase.
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You can leverage these attitudes to grow your ecommerce business.
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Let people know that you are GDPR compliant.
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Make GDPR part of your Terms and Conditions page.
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Put it in the footer of your emails.
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Every little bit helps.
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If you’re GDPR compliant and your competitor isn’t — or even if both of you are GDPR
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compliant but you’re the only one who brags about it — then that might be a big selling
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point in the European market.
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Alright, that’s enough from us today.
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What about you?
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What are YOU doing to get ready for GDPR?
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Let us know what GDPR compliance looks like from where you’re sitting.
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We’re posting videos every week, so be sure to subscribe to the Oberlo channel to get
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a heads up when we something new hits YouTube.
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Thanks so much for watching, we’ll see you next week.
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In the meantime: Learn often, market better, sell more.