Does this worry anyone?

Discussion in 'UK Motorcycles' started by Mick Whittingham, Sep 20, 2005.

  1. Mick Whittingham, Sep 20, 2005
    #1
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  2. Mick Whittingham

    BGN Guest

    Doesn't worry me.

    A lot of information that people would rather hide away is public
    knowledge if you really want to look for it.

    I'd be quite pleased if a company spend money researching me to find
    out what I really like to buy. At least I'd stop getting stupid
    adverts for things I'm not interested in, and would get better
    targeted advertising for things I want to know about, exactly when I
    want to know about them.

    Current targeted advertising is little more than spam, but if it's
    relevent to me, and arrives when I'm interested in it, then it does
    nothing more than open up my options.
     
    BGN, Sep 20, 2005
    #2
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  3. Not sure worry is the word. Concern yes, surprised - not one bit.

    One reason why I don't have store loyalty cards. It's bad enough paying
    by debit card because that's trackable - as evidenced by Sainsburys
    having sent me vouchers in the past when I hadn't shopped there for a
    while. Waitrose seem not to bother too much, thankfully.

    I do think something needs to be done about the effect of the
    supermarkets on competition and suppliers. However I cannot see that
    happening for a very long time indeed as the government won't wish to
    take on Tesco and Walmart.
     
    Paul Corfield, Sep 20, 2005
    #3
  4. Mick Whittingham

    BGN Guest

    Oh yes!
     
    BGN, Sep 20, 2005
    #4
  5. Mick Whittingham

    TOG Guest

    This is old news. The industry has been concerned about it for well
    over 10 years. The original point of loyalty cards was to build up a
    picture of customers - Sainsbury missed the point when they were
    introduced, and thought they were just updated "stamp books" and
    loftily said it wasn't going to issue them. They changed their tune
    *very* fast.
    The data provided by loyalty cards, and the instant EPOS data sent back
    to HQ, gives supermarkets the power to do much, much more than just
    monitor.

    Supermarkets have contemplated "active pricing" - in other words,
    jacking up the prices at different times of the day. Consider - someone
    shopping at 11am isn't working. They may spend less. Someone shopping
    at lunchtime probably is working. Someone who consistently shops at 7pm
    is likely to hold down the sort of busy job where they can't get out at
    lunchtime, and thus times the shop for after work. They probably spend
    more, too, because people *do* if they shop before dinner, because
    they're hungry.

    So you hike the prices for certain commodities in the morning, and earn
    more money from your (probably poorer) shoppers. This is such a hot
    potato it hasn't been introduced - yet. But it could be. All you need
    is a means of changing the price display on the shelves, since the
    goods no longer bear price tickets themselves. Not difficult.

    Secondly, you can experiment with the price/profit equation. Say you
    list a quiche at 99p, and you make 33p profit from it. You sell 10,000
    such quiches in a day. If you drop the price to 89p, your profit falls
    to 23p, but you sell 20,000 quiches. You actually earn more. Again,
    with instantly changeable price displays, you can do this sort of
    exercise.

    Welcome to 21st century shopping.
     
    TOG, Sep 20, 2005
    #5
  6. Mick Whittingham

    sweller Guest

    You could always shop at the local independents. You know the butcher,
    bakers and grocers..?
     
    sweller, Sep 20, 2005
    #6
  7. Mick Whittingham

    Mr Bush Guest

    If I was you, I would worry more about what everyone knows about YOU.
    You'll find that there is more info about you on Google than any Tesco's
    database.
    5,670 messages to be precise.
     
    Mr Bush, Sep 20, 2005
    #7
  8. Mick Whittingham

    sweller Guest

    The Tescos in Hove has digital price labels, I suppose they talk to some
    central computer and can change as they display "none in stock" if the
    shelf is empty.
     
    sweller, Sep 20, 2005
    #8
  9. Mick Whittingham

    SteveH Guest

    Safeway were playing with this stuff a couple of years ago. Electronic
    shelf edge pricing. The technology of it blew my mind when I saw how it
    all worked.

    As you say, it gives you all kinds of flexibility on pricing - the first
    use touted around was a 'happy hour' where, at the push of a button, you
    could reduce the prices on a whole range of products, or everything in
    the store.

    The downside is that, last I heard (2 years ago now) the wifi technology
    wasn't robust enough to do this - when you issued a price change
    instruction you always had a stack of units which failed to communicate
    and needed a manual update.

    Since Morissons bought the business, I haven't read of any further
    progress on it - and I don't know of anyone else who was or is throwing
    any real money at it.

    The price of each unit at the time was something like £5-£10, but the
    projection was that if you did it for the whole company you could get it
    down to under £1 each.
     
    SteveH, Sep 20, 2005
    #9
  10. Mick Whittingham

    sweller Guest

    This is going to have the biggest and, IMO, most socially destructive
    impact on us.
     
    sweller, Sep 20, 2005
    #10
  11. Yes , I know I should get out more and leave this PC alone.

    But I would like to think that I had some form or control over what I
    put on the Internet. What do you think about Tesco's reluctance to abide
    by the DPA.

    As an aside:
    If you looked at the images associated with Whittingham you will find
    lots of them have black faces as a certain Sir(?) Whittingham had large
    plantations in the Caribbean.
    After he was ripped off by his white manager and accountant he decided
    to educate certain slaves with 'promise' and they ran the plantations.
    When slavery was abolished and the plantations were to a large extent
    abandoned the very few well educated ex-slaves in the Caribbean all had
    the adopted name of Whittingham.

    So ends this lesson.
     
    Mick Whittingham, Sep 20, 2005
    #11
  12. Tesco's and most other large supermarkets have satellite links to and
    from their head offices to control just about everything from stock
    levels, trends, local fluctuations, to ordering and price. It helps them
    manage the "just in time" stock levels. (Some times)
     
    Mick Whittingham, Sep 20, 2005
    #12
  13. Yes ISTR that Sainsburys didn't seem very clued up about their Reward
    card initially. It didn't appear to be a strategic tool at all.
    As so ably demonstrated by Tescos. It is one of those companies, not
    unlike Microsoft or Google, where I am regularly surprised when they
    launch their latest idea. I stop and think "where on earth did that
    spring from" and before you know it their latest "venture" is doing
    remarkably well.
    Except that you need to be bloody careful about how and when you change
    the prices. If someone selects something and it's gone up in price by
    20p by the time they get to the till I can't see that going down at all
    well. How does the customer "prove" what the price was? It's bad enough
    with Tesco charging premium prices in their Metro stores on goods
    clearly diverted from another branch with lower price promotion stickers
    on them.

    I can see why they have not yet gone down this particular road - it has
    the potential to create some very bad publicity indeed for the
    supermarkets. And one thing they do not like is bad publicity.
    Well you can do it more effectively and cheaply than with conventional
    "special offer" pricing but it's nothing new is it? This is just market
    stall trading techniques raised to a new level of sophistication.
    Or a return to 19th century shopping with some gizmos attached.
     
    Paul Corfield, Sep 20, 2005
    #13
  14. Why and in what ways?
     
    Paul Corfield, Sep 20, 2005
    #14
  15. Mick Whittingham

    Donald Guest

    Very smart the "designing our services so information is classed in a
    way that circumvents disclosure provisions in the Data Protection Act".

    Several years ago I worked on a data mining project to predict when a
    customer "of a bank" was likely to defect. This was using a very small
    subsection of information that they held. We were able to predict,
    with a very high degree of accuracy when a customer was thinking of moving.

    Given the improvements in processing power and artifical intelligence
    techniques over the last seven years it doesn't surprise me that they
    can do this sort of thing, especially with the ability to correlate
    information from different data sources.

    Suffice to say that I try to use cash for nearly everything. Also like
    to randomly move cash in various amounts between accounts with at least
    two different banks [1]. Like to think of it as keeping the data miners
    on their toes ;-).


    [1] Apart from actually wanting to see and feel the hard earned in my
    hands at least once a month, otherwise it's just numbers :).
     
    Donald, Sep 20, 2005
    #15
  16. Mick Whittingham

    Predictor Guest


    Why?


    -Will Dwinnell
    http://will.dwinnell.com
     
    Predictor, Sep 20, 2005
    #16
  17. Mick Whittingham

    HooDooWitch Guest

    That's 'cos none of your pikey neighbours have got jobs and can shop
    during normal shop hours ...
     
    HooDooWitch, Sep 20, 2005
    #17
  18. Mick Whittingham

    flash Guest

    Typo corrected
     
    flash, Sep 20, 2005
    #18
  19. Mick Whittingham

    HooDooWitch Guest

    You're assuming I read your post ... s ;)
     
    HooDooWitch, Sep 20, 2005
    #19
  20. Somewhere I shopped recently had this technology -- might have
    been the Co-op supermarket I bought a bottle of wine from while at a
    conference in Oxford last month. Not sure what the communications (if
    any!) behind the LCD display was, tho'.
    --
    Ivan Reid, Electronic & Computer Engineering, ___ CMS Collaboration,
    Brunel University. Ivan.Reid@[brunel.ac.uk|cern.ch] Room 40-1-B12, CERN
    GSX600F, RG250WD, DT175MX "You Porsche. Me pass!" DoD #484 JKLO# 003, 005
    WP7# 3000 LC Unit #2368 (tinlc) UKMC#00009 BOTAFOT#16 UKRMMA#7 (Hon)
    KotPT -- "for stupidity above and beyond the call of duty".
     
    Dr Ivan D. Reid, Sep 20, 2005
    #20
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