Spy Shopping: The price we're really paying - Western Mass News - WGGB/WSHM

Spy Shopping: The price we're really paying

Posted: Updated:
  • Special ReportsMore>>

  • The path to a debt-free education? Save early and often

    The path to a debt-free education? Save early and often

    Sunday, June 17 2018 4:00 AM EDT2018-06-17 08:00:12 GMT

    Jonathan Sagaser is one of millions of American parents working to send his kids to college. "We had the inspiration to do it early on," he says. Jon and his wife own Sebastiano's Italian restaurant in South Toledo. Their three children, age six, four and two spend a lot of time there as the couple sometimes works 60 to 80 hours a week as small business owners. They plan to pay for half of each of their children's education. "I guess we just want to give them a little b...

    More >>

    Jonathan Sagaser is one of millions of American parents working to send his kids to college. "We had the inspiration to do it early on," he says. Jon and his wife own Sebastiano's Italian restaurant in South Toledo. Their three children, age six, four and two spend a lot of time there as the couple sometimes works 60 to 80 hours a week as small business owners. They plan to pay for half of each of their children's education. "I guess we just want to give them a little b...

    More >>
  • Day tripping: Have an adventure without busting your budget

    Day tripping: Have an adventure without busting your budget

    Tuesday, June 12 2018 10:40 AM EDT2018-06-12 14:40:18 GMT
    (Source: WTOL)(Source: WTOL)

    We're all familiar with our fantastic metroparks, the Toledo Zoo and the Toledo Museum of Art. We have our staples, but if you're up for an adventure this summer, and need to watch your wallet, you need ideas and advice. “The more you can be out and about doing things, the less time they're spending in front of a tablet or a TV,” said Jen Sherwin.  Between nieces and nephews, babysitting, and her own child, Sherwin has finding things to do down to a science.

    More >>

    We're all familiar with our fantastic metroparks, the Toledo Zoo and the Toledo Museum of Art. We have our staples, but if you're up for an adventure this summer, and need to watch your wallet, you need ideas and advice. “The more you can be out and about doing things, the less time they're spending in front of a tablet or a TV,” said Jen Sherwin.  Between nieces and nephews, babysitting, and her own child, Sherwin has finding things to do down to a science.

    More >>
  • Rents with Benefits: How to negotiate a better rent in an owner's market

    Rents with Benefits: How to negotiate a better rent in an owner's market

    Sunday, June 10 2018 6:10 PM EDT2018-06-10 22:10:48 GMT
    The Toledo rental market is tight with more renters looking for a place to live than available units (Source: WTOL)The Toledo rental market is tight with more renters looking for a place to live than available units (Source: WTOL)

    The Toledo rental market is tight. There are fewer units in comparison to demand for them. That makes it an owner’s market.

    More >>

    The Toledo rental market is tight. There are fewer units in comparison to demand for them. That makes it an owner’s market.

    More >>
(Toledo News Now) -
We all want to save money, and smart phones make it easy for us to receive and keep track of coupons for our favorite stores. But are we paying too high a price to save a little money? You might be surprised what advertising companies know about you and the new frontier they're using to reach you almost anytime and anywhere through your mobile phone!

"People are DVRing TV shows, fast-forwarding through commercials, watching hulu and netflix," social media marketing expert BJ Fischer explains. "Traditional means of being able to reach consumers have become less effective, so marketers have gone out and tried to find new ways to do it."

That makes your smart phone the new frontier. Marketing companies use apps like "yowza" and "retail-me-not" to entice you into your favorite stores with coupons. 

Marketing app developer Michael Dempsey says, "We know people are living on their smart phones today.  Everything's going mobile and as marketers we really need to target that device."

The savings can be great; but how do they know where you shop and what you want to buy?  With "cookies--" little pieces of data that bookmark websites you visit, products you buy, even places you go!  Marketers then use that data to send you offers that are personalized just for you!

Fischer says the business of advertising and marketing has really changed.  "It's partly about the ability to talk to one specific person about what they specifically were doing and not talk to groups any more. "A lot of younger consumers are really excited about this:  having an ad that's directly relevant to them that they can use right away.  They've cut off their cable service and are looking at everything over the internet, so they actually are attracted to it."

Consumer Tony Kapp tried the retail apps but found them a bit overwhelming. "I got tired of it because a lot of the coupons I had no use for so I just opted out and got rid of it."

Now he searches online when he's looking for savings, but he still gets coupons and ads pushed to his phone once in awhile.  That's because marketers can track you through your GPS!

Michael Dempsey develops apps at Thread Marketing and believes they can be effective marketing tools. But he points out we all have to take control of the information we give up. 

"All the major cell carriers when you sign up for a contract there's tons of terms of conditions that no one reads. When you install an app on your phone there's tons of terms and conditions that no one reads.  And mostly what people are doing is agreeing to let those companies share that marketing data with their marketing partners."

Consumer Marna Ramnath has downloaded a few of the savings apps on her phone. 

"If I stop to think about it, yes, it's sort of like "big brother," she says.  "But they do get my attention sometimes!"

Dempsey doesn't look at the apps like "big brother."  "I think it's marketers trying to market to a new channel, " he said.  "It's a little overwhelming, it concerns us because the device is so personal to us, we're attached to our smart phone all day long!"

So buyer beware: don't let your "smart" phone out-smart you! 

"I opt to carry a smart phone and it knows stuff about me, yea," said Kapp. 

Ramnath said "if I really worried about it I would delete them. 

The bottom line? It's a trade off.  You give up some of your personal information in order to save some money. But remember: you can control who has access to your information through the settings on your phone, so be sure you check them or have someone help you so you understand the access you're allowing marketers to have to you! 

Mobile users, click on the "Video" button in the app to watch this story. Download our app here. 

Copyright 2014 Toledo News Now. All rights reserved.

 

Powered by Frankly
WSHM
Powered by WorldNow CNN
All content © 2018, WGGB/WSHM; Springfield, MA. (A Meredith Corporation Station) . All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.