Consumer Data Quotes

What we know is smartphones are everywhere and they are rich in data. What we know is that there are apps once downloaded by the consumer that will also in turn download the consumers' contact book. Most consumers don't want that to happen and don't know it's happening.

People are stunned to hear that one company has data files on 185 million Americans.

Before Google, and long before Facebook, Bezos had realized that the greatest value of an online company lay in the consumer data it collected.

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.

The window was open for us to play in the consumer as data, voice, video came together. This is where you have to have the courage to take good business risks because if you don't, you never win.

We're guided by consumer data, and it helps give us the confidence to invest where the consumer is going.

We need to pass measures that protect consumers' private information while also encouraging new technological innovations.

Call it a hunch, but I sense that many of us are not entirely comfortable with a world in which every single thing we buy creates a cloud of data. I'd like to have an option to not have a record of how much I tipped, or what I bought at 1:08 A.M. at a corner market in New York City.

There is a calculus, it turns out, for mastering our subconscious urges. For companies like Target, the exhaustive rendering of our conscious and unconscious patterns into data sets and algorithms has revolutionized what they know about us and, therefore, how precisely they can sell.

Here is a guiding principle: If a business collects data on consumers electronically, it should provide them with a version of that data that is easy to download and export to another Web site.

I voted in support of H.R. 5192, which seeks to curb identity fraud by requiring the Social Security Administration (SSA) to develop a database that financial institutions can use to compare their consumer data against SSA records.

It's crazy to me that in this world of electronic medical records Walmart has so much information about how we shop, but no one has that information about our health. Why can't my doctor say, 'Wow, Anne, based on your lifestyle and behavior, you're five years from being diabetic.' But I can go to Target, and they know exactly what I'm going to buy.

Many retail stores have consumer trackers that study how long your eyes linger on one product, whether you follow it through by touch, and things that you buy. You can redesign things on a shelf, all by tracking such information.

The world is now awash in data and we can see consumers in a lot clearer ways.

In the Internet economy, information is everything: The more a company knows about a consumer, the more carefully it can tailor its advertising to that customer, and the more revenue it can generate in return.