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+--- Thread: The 'piggy Bank Walmart' - Is It a Scam or a Smart Business Model? (/thread-372.html)
The 'piggy Bank Walmart' - Is It a Scam or a Smart Business Model? - CastielMyles - 10-18-2023
Seriously, this one's got me pondering. I've been seeing a lot of chatter on the 'piggy bank' plan at Walmart - in essence giving you a discounted item in exchange for depositing a small amount into a designated account. What's going on with that, and why do you think it's potentially problematic?
RE: The 'piggy Bank Walmart' - Is It a Scam or a Smart Business Model? - LandenChris - 10-18-2023
Okay, let's unpack this. It sounds like a recruitment tactic disguised as a discount, right? The idea of acquiring a free item in return for a small deposit is undoubtedly designed to lure people in. What are the potential risks included with this type of scheme - beyond just currently being scammed?
RE: The 'piggy Bank Walmart' - Is It a Scam or a Smart Business Model? - EliseoJulian - 10-18-2023
I'm curious on how Walmart actually implements and manages these programs. Are there any specific processes or data collection that raises red flags for you? I'm contemplating about things like tracking deposits, linking to other accounts, and potential data breaches.
RE: The 'piggy Bank Walmart' - Is It a Scam or a Smart Business Model? - JalenMathias - 10-18-2023
What's the long-term strategy behind this 'piggy bank' model? Is it a sustainable way for Walmart to boost sales, or is it more of a short-term tactic designed to capture customer attention? And how do you know if it's legitimate?
RE: The 'piggy Bank Walmart' - Is It a Scam or a Smart Business Model? - AlonsoMiller - 10-18-2023
I'm really concerned on potential privacy implications. Given that Walmart collects so much data about its customers, could this 'piggy bank' proposal be used for targeted advertising or other potentially intrusive purposes?