Day Headlines in Shopping news: 2012-06-28

  • Online prices: Caveat emptor.com (The Economist Online Shopping 2012-06-28 15:03:25)
    Print sectionUK Only Article: standard articleIssue: London’s precarious brillianceFly Title: Online pricesMain image: 20120630_LDD001_0.jpgTHE internet was supposed to be the consumer's friend. By making it easy to shop around, it would drive prices lower. But online sellers of all sorts of goods and services are taking a keen interest in new software that promises to help them spot customers who are well off, or whose money is burning a hole in their pockets, so as to charge them more (see article).Online shoppers let slip plenty of information about themselves that could be of use to crafty salesmen. Cookies reveal where else they have been browsing, allowing some guesses about their income bracket, age and sex. Their internet address can often be matched to their physical address: the richer the neighbourhood, the deeper the pockets, it may be assumed. Apple computer-owners are on average better-off than Windows PC users, and firms may offer them pricier options, as Orbitz, a travel website, is doing. Your mouse may also be squeaking on you: ...