Hello, Shoppers, You Are Being Watched
As brick-and-mortar retailers continue to look for ways to level the playing field in terms of customers' data relative to their online brethren like Amazon.com, they're experimenting with an increasing number of technologies. A recent New York Times article detailed how Nordstrom recently ended such a test with Euclid Analytics that used customers' smartphones to track their movements within stores; in-store signs detailing the practice drew negative customer feedback, leading to the end of the experiment.
In the video below, Fool.com contributor Doug Ehrman discusses some of these new technologies and considers the costs and benefits, and why the approach simply feels different than that of their online counterparts.
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The article Hello, Shoppers, You Are Being Watched originally appeared on Fool.com.Fool contributor Doug Ehrman has no position in any stocks mentioned. The Motley Fool recommends Amazon.com. The Motley Fool owns shares of Amazon.com. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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