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How Companies Learn Your Secrets

The desire to collect information on customers is not new for Target or any other large retailer, of course. For decades, Target has collected vast amounts of data on every person who regularly walks into one of its stores. Whenever possible, Target assigns each shopper a unique code — known internally as the Guest ID number — that keeps tabs on everything they buy. “If you use a credit card or a coupon, or fill out a survey, or mail in a refund, or call the customer help line, or open an e-mail we’ve sent you or visit our Web site, we’ll record it and link it to your Guest ID,” Pole said. “We want to know everything we can.”

Also linked to your Guest ID is demographic information like your age, whether you are married and have kids, which part of town you live in, how long it takes you to drive to the store, your estimated salary, whether you’ve moved recently, what credit cards you carry in your wallet and what Web sites you visit. Target can buy data about your ethnicity, job history, the magazines you read, if you’ve ever declared bankruptcy or got divorced, the year you bought (or lost) your house, where you went to college, what kinds of topics you talk about online, whether you prefer certain brands of coffee, paper towels, cereal or applesauce, your political leanings, reading habits, charitable giving and the number of cars you own. (In a statement, Target declined to identify what demographic information it collects or purchases.) All that information is meaningless, however, without someone to analyze and make sense of it. That’s where Andrew Pole and the dozens of other members of Target’s Guest Marketing Analytics department come in.

    • #link
    • #media
    • #commodities
    • #information
    • #data
    • #marketing
    • #statistics
  • 3 months ago
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Larry Summers: What You (Really) Need to Know

    • #link
    • #knowledge
    • #education
    • #college
    • #information
    • #technology
    • #politics
  • 3 months ago
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The Verge: Louis C.K. sells his latest live show directly to fans, calls anti-DRM experiment a success

    • #link
    • #media
    • #humor
    • #technology
    • #information
    • #freedom
    • #Louis C.K.
  • 5 months ago
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We are crossing a huge chasm from an industrial society to an information society. And there is immense pain in that transformation.
A VC (Fred Wilson)
    • #economy
    • #information
    • #society
    • #politics
    • #jobs
  • 8 months ago
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A VC: Investing In The Cultural Revolution 
“The Internet is not controlled by anyone or anything. It is a highly distributed global network that has at its core the concepts of free speech and individual liberty. This ethos, which includes but is not limited to hacker culture, is in many ways at odds with big companies, instiutions, and governments which seek to control, regulate, and “civilize” the Internet.”
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A VC: Investing In The Cultural Revolution 

“The Internet is not controlled by anyone or anything. It is a highly distributed global network that has at its core the concepts of free speech and individual liberty. This ethos, which includes but is not limited to hacker culture, is in many ways at odds with big companies, instiutions, and governments which seek to control, regulate, and “civilize” the Internet.”

    • #link
    • #culture
    • #internet
    • #revolution
    • #information
    • #freedom
    • #democracy
    • #hacking
  • 12 months ago
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Book Review: The Information: A History, a Theory, a Flood

“Gleick’s book has an epilogue entitled “The Return of Meaning,” expressing the concerns of people who feel alienated from the prevailing scientific culture. The enormous success of information theory came from Shannon’s decision to separate information from meaning. His central dogma, “Meaning is irrelevant,” declared that information could be handled with greater freedom if it was treated as a mathematical abstraction independent of meaning. The consequence of this freedom is the flood of information in which we are drowning. The immense size of modern databases gives us a feeling of meaninglessness. Information in such quantities reminds us of Borges’s library extending infinitely in all directions. It is our task as humans to bring meaning back into this wasteland. As finite creatures who think and feel, we can create islands of meaning in the sea of information. “

    • #data
    • #information
    • #link
    • #meaning
    • #science
    • #theory
    • #book
    • #reading
  • 12 months ago
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I’m a student at the University of Kentucky, majoring in English. During the fall of 2009 I studied abroad in Warsaw, Poland. I love the News, Technology, and Tweeting/Blogging but I spend most of my time Reading and Cooking.

I'm a nerd in a every possible sense.

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