Average consumer would pay $5 for an app that respects their privacy: Study

Consumers would pay for privacy.

The going rate for many of the most popular apps has been exactly $0.00 ever since the iPhone came out in 2007. Consumers pay nothing. But of course, nothing is free. Instead, consumers pay with their data, that’s sold to marketers, or with screenspace, which is forked over to make room for ads. It’s a trade consumers are happy to make.

 

 

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Reinventing Sales Tax

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Sales tax is a a system that is now on the verge of collapse

Futurist Thomas Frey:  As a general rule, extreme levels of complexity take a significant toll on society. The price we pay for complexity is far greater than the money involved. With upwards of 90,000 separate taxing districts in the U.S. sales tax has become an overly complicated system deeply entrenched in the fabric of society, but woefully out of touch with the times.

 

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How Much Are Your Body Organs Worth?

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How much are my organs worth? A lot, but is it worth the risk? Each year in the U.S roughly 7000 people die waiting for an organ transplant. This may be reason enough for those in need of a transplant to try and purchase one elsewhere. Perhaps unsurprisingly, organ trafficking is on the rise. Here are some facts and figures surrounding this bloody trade…

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Why Buy When You Can Barter? Top 20 Trading Websites

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Flaunting the empty pocket blues?

Buying lots of new things seems to be going out of fashion.

It’s not hard to see why – you can’t spend what you don’t have. And while we’d always advocate shelling out for the best-quality, well-priced (i.e. not super-cheap) products, there’s another way to get exactly what you want on a tight budget. It takes a little more effort – but it’s fun, creative, and it’s been popular for thousands of years. It’s bartering.

Products or services, a straight swap or a fierce haggle…bartering is an online boom industry that’s never been more timely. Where to start? Here are 20 places that will help you click your way to a new wardrobe, bookshelf or even four walls and a ceiling!

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Study Shows Parents Unaware How Much Their Children Make Them Buy

Study Shows Parents Unaware How Much Their Children Make Them Buy

 

The influence children wield over their parents’ purchase decisions at the point of sale is grossly underestimated by parents. This was shown in a new study conducted by researchers at the University of Vienna, Austria. According to the study by consumer researchers Claus Ebster and Udo Wagner, twice as many purchases in supermarkets are triggered by children than their parents are aware of. The study was published in the internationally renowned Journal of Retailing and Consumer Services.

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The Future of Retail

The Future of Retail

Futurist Thomas Frey – Imagine yourself walking through a shop, wanting to know more information on a particular product. You pull out your phone, point it at the product and click a button, instantly revealing a page with product information, links to product reviews, and places to purchase it online. Pressing another button you are given options for purchasing it online and having it delivered to your home. Since you are already in a retail store, you could purchase it there if the price differential isn’t too great.

But the shopping experience isn’t necessarily confined to a store. If a person walks by on the street and you just happen to like the jacket they are wearing, just aim your phone, point and click. You can see the same jacket displayed on your screen in a variety of colors and styles, with your ability to complete the purchase transaction only a click or two away.

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Retail Shoppers Check the Web First

 Retail Shoppers Check the Web First

Shopping is becoming more complicated

While some consumers in the US are shopping online to avoid driving, even those visiting stores in person are hitting the Web first.

Eight out of 10 respondents who had recently made consumer electronics purchases in a brick-and-mortar store said they had visited the store’s Website first, according to a May 2008 Nielsen Online survey. More than one-half said they purchased from the retailer on whose Website they had spent the most time.

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