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Supermarkets profits have never been higher and yet we’re all in a cost of living crisis. Now some have said it’s naked profiteering while others have said it must be something else.
Most supermarkets work on a 1-3% margin which means they turn billions to make millions but if their profits are up… how else might they be making those sweet Benjamins? Or in the UK those sweet sweet King Charles.
It’ll come as no surprise to anyone that the profit margin on our data is much higher than food and the value of our data is only going up and has no sale-by date on it, unlike these bananas. Let’s look at why supermarkets are becoming data brokers, how much your data is actually worth and what we can do about it.
Subscribe - / @simoncaine9515
Chapters -
🛒 0:00 - Intro - How supermarkets are becoming data brokers (Tesco, Sainsbury's, Aldi, Morrisons, Lidl, Co-op, Walmart etc)
🛒 0:44 - Part 1 - Clubcard points.
🛒 2:24 - Part 2 - The Mobile Loyalty App.
🛒 4:49 - Part 3 - Beyond your purchases
🛒 6:18 - Part 4 - The future of data
OTHER VIDEOS -
Facebook -
👉 The Evil Business Model of WhatsApp - • Why you should delete ...
👉 How Facebook uses your period data to sell you stuff - • How Facebook is using ...
👉 Facebook Shadow Profiles explained - • How Facebook Meta make...
👉 Every toxic thing Facebook did in 2021 - • Every Toxic Thing Face...
👉 Can Facebook be forced to delete the algorithm? Yes, here's why. • This STUDY Changes EVE...
Amazon -
👉 Amazon Go's toxic longterm plan - • Amazon's Product Strat...
👉 Every toxic thing Facebook did in 2021 - • Every Toxic Thing Amaz...
Twitter -
👉 Why is Twitter so toxic - • Context Collapse: The ...
Everything else -
👉 Why Tinder ruined your dating life - • Tinder's algorithm: Th...
👉 The Rise of Dark Patterns - • The truth about dark p...
👉 All the privacy issues in Clubhouse app - • Should you be worried ...
👉 8 counter-arguments to common privacy misconceptions - • 8 counter-arguments to...
👉 You're wrong about the value of NFTs - • NFTs explained in 5 mi...
👉 How social media has changed how we talk - • How social media has c...
👉 Here's why you don't read the terms of service - • Video
👉 The Tesco Clubcard Data Scam - • Video
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💬 let's chat about data / privacy / the internet on Reddit - / theinternetexplorers
💬 I've also got a Discord - / discord
✍️ Follow on Twitter / thismademecool
📧 Join the mailing list - bit.ly/30eHZ7I
✨ Join the internet explorers on Patreon - / simoncaine
🎧 My podcast - podcasts.apple.com/gb/podcast...
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All elements were created by me, comedian Simon Caine.
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#supermarkets #tescoclubcard #tesco
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My gear (affiliate links)
Camera - amzn.to/2YezaZl
Lens - amzn.to/2Y1yjuQ
Ring light/stand - amzn.to/3gTKhiI
Software - amzn.to/2Y449Hr
Graphic Tablet - amzn.to/3gOXGbX
Green screen - amzn.to/3ePYD1H
Phone - amzn.to/323MtPF
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This is the best for the algorithm... no need to read it (I've been told it's important / helpful)
Simon Caine is an English award-winning comedian, writer, author, podcaster and human based in Edinburgh Scotland. He makes a video a week, released every Sunday.
Over the last decade, he's performed all over the world, from London to NYC to Australia. His most recent show "every room becomes a panic room when you overthink enough" got 5* reviews at the Edinburgh Fringe where he sold out the run.
Previously he opened for Trevor Lock, Ben Miller and Henry Ginsberg as well as gigged on the same bill as people like Terry Alderton, Mark Dolan, Matthew Crosby and Bec Hill.
He's been featured in the Huffington Post “Tweets of the Week” feature several times and had jokes/writing appeared in The Poke and other publications. He hates writing in the third person.