Showing posts with label how companies learn your secrets. Show all posts
Showing posts with label how companies learn your secrets. Show all posts

Saturday, February 18, 2012

How Companies Learn Your Secrets

A fascinating and in-depth article in the New York Times - covering predictive analytics, habit formation, new product marketing psychology, ethical considerations and scaring customers.  Definitely worth a read by anyone interested in understanding how sophisticated the analytics initiatives are at some of the world's largest retailers. Beyond that it goes into a very interesting discussion on the psychology of habit which would be broadly interesting to anyone.

It begins... Andrew Pole had just started working as a statistician for Target in 2002, when two colleagues from the marketing department stopped by his desk to ask an odd question: “If we wanted to figure out if a customer is pregnant, even if she didn’t want us to know, can you do that? ”       

The full article can be found here.