Thursday, March 21, 2013

Blog (my lucky number) 14 (B) -response to Professor Johnson

Professor Johnson, posted a blog about facial recognition software, and asked what experience I have had with it, and how I think it can be used for marketing.

I can't knowingly say I have had experience with facial recognition software, but I think that for marketing, it would be a very slow process to gather all of the data that goes with the facial recognition. A store would have to put the face into the database, add how they paid and what they purchased, and then hope they come back so they can try and be slightly more tailored to that persons shopping habits.

I think facial recognition software should be kept to law enforcement, public access to this technology can result in a breach of privacy that could scare customers away from their stores. The technology scares people when law enforcement use it, but at least in that case, it is being used to generally protect the public.

Tuesday, March 19, 2013

blog 13 (A)

Know what really grinds my gears? YouTube commercials, easily one of the worst innovations of the internet. Nothing worse than wanting to play a song, or just a quick 10 second funny clip, and having to sit through a 30 second commercial. I don't really have a point to this blog, except that youtube commercials bother me, and I say that as someone who has a YouTube channel that features ads as a way to make money for myself (im up to somewhere around .27 cents, ballin' I know)

Do you hate YouTube commercials?

Sunday, March 17, 2013

blog 12 (B) response to Kristen Shea

Kristen asked about whether street vendors in the Bahamas who would bargain for prices were doing a good or bad thing by having fluctuating prices, based on the buyer.

I think that in a free market where there are no chains just personally owned stores, huts, and businesses, the owner/shop keeper bargaining prices might not be the best way to make a profit, since each item could sell for a different price. But it is what they need to do to sell anything, since as Kristen said, you can easily walk away and find the same product at a cart two feet away. The vendors need to do what they can to make the sale, it shouldn't be a problem for them as long as they know their business and know the lowest they can possibly go without losing money.

That is the key for those types of businesses to succeed, if you are making bargains, you need to just be sure you are making profit otherwise the business will surely fail.