Target must make some people hungry, because a quarter of its
shoppers head from the store to a restaurant. Another 25 percent or so
eat out before their shopping trip. So maybe Target should
capture some extra revenue by selling meals right on the premises. Or
perhaps it could do a cross-promotion with neighboring food
establishments.
The numbers aren't guesses. Nor are they estimates based on customer
surveys taken after the fact. They're actual measurements of where and
when a sample of people spent their time, garnered by pinging the GPS
receivers on their mobile phones. New services are popping up that track
people in real time to give businesses a more detailed picture of
consumer habits than ever before. The new tracking services go beyond
location-based apps such as Foursquare, which require users to actively
check in. Rather, these startups connect the dots of where you go
without your doing anything at all.