News
The Journal of Consumer Affairs features analyses of individual, business, and/or government decisions and actions that can impact the interests of consumers in the marketplace.
From the press release
Consumers Dictate Their Own “Rules of Engagement” with Retailers Online
Consumers
are taking back control of their personal data as more businesses are
proactively seeking detailed information (buying habits, demographic
data, etc.). While retailers may use new technology as a way to gain a
competitive edge, new research shows that if customers don’t see the
personal benefits to these data mining practices, they are likely to
respond with limited or false data, or even worse, feel the desire to
“get back” at the company. This in turn creates a costly quality
assurance issue for retailers and leads to poor business decisions.
Research published in an upcoming issue of the Journal of Consumer Affairs
shows that consumers are not the helpless pawns that consumer
protection advocates often portray them to be. Consumers have developed
special “rules of engagement” by which they will "play" online about
which businesses should be concerned. The researchers, Amit Poddar,
Jill Mosteller, and Pam Scholder Ellen conclude, “Understanding how
customers decide when and what information to share is crucial to
improving the delivered products, services and experiences with online
marketers.”
To view an abstract of the article, please click here.
Learn more about Dr. Jill Mosteller.