1. What is shopper marketing and how might retailers use Wi-Fi technology to implement it? 2. What may be the likely response as more shoppers learn that retailers gather information without their knowledge?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

According to Nielsen, more than 50 percent of mobile phone consumers own smartphones. Many of
them use free Wi-Fi when available for faster connections and to reduce data usage charges. But
even when they don’t log on to Wi-Fi, the device continues to search, giving information on users’
locations. By using the signals emitted by shoppers’ smartphones, retailers can keep tabs on
shoppers, knowing where they are and what they are searching for on their phones’ browsers.
Retailers can learn on which aisles shoppers are most likely to check online prices at retailers such as
Amazon.com and can send an alert to a sales representative. “Heat mapping” identifies traffic
patterns and locations attracting the greatest number of shoppers checking the Internet. This gives
retailers an idea of the products most vulnerable to “showrooming”—the practice of shoppers
visiting stores to learn about and try products and later purchasing them for less online.
1. What is shopper marketing and how might retailers use Wi-Fi technology to implement it?
2. What may be the likely response as more shoppers learn that retailers gather information without
their knowledge?
Answer in more than 300 words.

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 3 images

Blurred answer
Knowledge Booster
System development methodologies
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education