Will Most Customers Pay for Apps That Protect Their Privacy?
By Lisette Leonard
January 16, 2014
January 16, 2014
In the past seven years since the iPhone was introduced, consumers have enjoyed free apps in exchange for their data being sold to marketers. However, a new study shows that the average consumer would rather pay a small price for their apps to keep their personal information private. A study by economists at the University of Colorado found that consumers were willing to spend a little more on apps to protect their personal data, and this amount is determined on the amount of data at stake. Continue reading Will Most Customers Pay for Apps That Protect Their Privacy?