Lambrecht Auction, Inc.
171 Delaware Ave, Sidney, NY 13838
Email: admin@laibids.com
Effective Date: 06/05/2024
Purpose of the Privacy Policy
Lambrecht Auction, Inc. (“we,” “us,” or “our”) is committed to safeguarding the privacy of our website users. This Privacy Policy details the methods by which we collect, use, disclose, and protect personal information provided by users. The policy outlines the categories of data collected, methods of collection, purposes of data usage, conditions for data sharing, and the measures implemented to protect personal data. Additionally, it provides information on user rights concerning their personal data and the procedures for exercising these rights.
1. Introduction
Lambrecht Auction, Inc. (“we,” “us,” or “our”) is committed to safeguarding the privacy of our website users. This Privacy Policy explains how we collect, use, disclose, and protect your personal information when you visit or interact with our website.
2. Information Collection
We collect various types of data, including:
- Personal Data: Provided by users during sign-up, purchasing behaviors (such as bidding activity and items won), and other browsing behaviors.
- Cookies: Used to store data including recent login dates, pages viewed, auction registrations, product preferences, and device information (including IP address and device type).
- Third-Party Data: Collected and stored from advertising platforms (e.g., Google Ads, Meta, Pinterest) to inform engagement with advertising and frequently visited platforms that lead to our website. Data is also collected from email and SMS platforms to measure engagement and marketing performance, and manage email preferences.
3. Methods of Data Collection
Data is collected through website forms, local cookie storage, and third-party sources, including advertising, email, and SMS platforms.
4. Use of Information
Data collected is used to personalize user experience, including product recommendations and auction location preferences. It is also used to improve website functionality and for marketing purposes. Users consent to the use of cookies upon entering the website, which provide anonymized data to marketing analytics platforms. Registered users agree to this data processing policy as part of our terms and conditions, which can be revoked at any time by emailing admin@laibids.com.
5. Data Sharing
We may share data with third parties, including:
- Advertising Platforms: For targeted advertisements.
- Email Platforms (e.g., SendGrid): For email delivery.
- SMS Platforms (e.g., Twilio): For SMS delivery.
- Data Storage Providers (e.g., Amazon Web Services): For data storage.
- Customer Data Platforms (e.g., Segment by Twilio): For storing, processing, and sending data to the aforementioned destinations.
Data is shared for purposes such as targeted advertisements, email and SMS delivery, data storage, and machine learning to improve product recommendations.
6. Data Security
We take data security seriously. All data shared with third parties is encrypted, and access controls are in place across all platforms where personally identifiable data is stored. Our infrastructure is managed according to security best practices, including redundant and layered controls, continuous validation and testing, and substantial automation to ensure 24/7 monitoring and protection. In the event of a data breach, we will assess the level of access and notify all affected users.
7. User Rights
Users can request the deletion of all historical data or limit data processing by contacting admin@laibids.com. Users also have the right to opt-out of marketing-related data storage.
8. Cookies and Tracking Technologies
We use third-party cookies, including advertising tracking pixels, and first-party cookies to save user preferences and watch list items. Users can manage cookie preferences upon their first visit to the website. To manage cookie preferences after initial consent, users can email admin@laibids.com.
9. International Data Transfers
This website does not transfer data to states with consumer privacy protection policies, including California, nor to EU countries. Therefore, it is not subject to GDPR or CCPA regulations.
10. Policy Updates
This privacy policy may be updated to comply with new data privacy regulations in the United States and New York. Users will be notified via email of any changes before the updated policy goes into effect.
11. Contact Information
For questions or concerns about our privacy practices, please contact us at admin@laibids.com.
Data Retention Policy
1. Purpose
The Data Retention Policy of Lambrecht Auction, Inc. outlines our approach to managing personal data throughout its lifecycle, from collection to deletion. This policy ensures personal data is retained only as long as necessary to fulfill its purposes and comply with legal, regulatory, and operational requirements.
2. Data Types and Retention Periods
- Personally Identifiable Data: Stored for an unlimited duration, provided the user visits the website within 365 days. If a user is inactive for 365 days, all personally identifiable data will be deleted from data warehouses, while local website databases will retain user account information to maintain login credentials. Data shared with advertising platforms is automatically deleted after 180 days.
3. Data Storage
Data is stored using methods that ensure its security, including physical and digital measures. Our storage solutions comply with industry standards and best practices.
4. Data Disposal
Digital records stored in data warehouses are wiped upon user request or after 365 days of inactivity.
5. Compliance
Lambrecht Auction does not process data in California or the European Union and is not subject to GDPR or CCPA. We regularly review data privacy regulations to ensure compliance with local, state, and federal laws.
6. Roles and Responsibilities
Designated roles are responsible for implementing and monitoring this policy, including data protection officers or equivalent roles.
7. Policy Review and Updates
We review and update this policy periodically to reflect changes in laws, technology, and business practices. Users will be notified of significant updates.
For questions about this policy, contact us at admin@laibids.com.