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The Dark Side Tattoo

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For advertisers, the idea of being able to grab the attention of their audience, and hold it long enough to compel a defined action is critical. Static media, such as magazine ads and roadside billboards, can be effective, but only to a point. After awhile, repeat passersby develop a mental blind spot to them. That's one of the reasons why digital signage promises such exciting opportunities; the content can be dynamic, pulling viewers in and eliciting a response. However, there is a slowly rising tide of opposition to different forms of signage.



In this article, I'll explain why some consumers are angered over the recent proliferation of digital advertising. We'll also explore whether digital networks - and their operators - can go too far in their ongoing pursuit of engaging their audience.

Bright Lights, Big City

If you've ever walked (or taken a cab) along the Las Vegas strip, you'll understand why thousands of people are expressing their displeasure with the spread of bright signs. In late 2008, Los Angeles became a focal point for the growing movement against them. LED billboards began springing up in neighborhoods throughout Westwood, angering residents who complained of "false sunrises" and other annoyances. Some reported an inability to fall asleep at night. Others said that drivers are distracted, thereby raising public safety issues.

Bill Rosendahl, a Los Angeles City Councilman, admitted that the thousands of new electronic signs in the city were erected in conflict of existing regulations. However, he also said legislators don't even know where the signs are placed throughout the city, making enforcement practically impossible. As the city struggles to cope with the digital billboards, the issue has spread to other states and jurisdictions.

Will Personalization Go Too Far?

In 2002, Steven Spielberg released his movie, "Minority Report." In a mildly haunting scene, Tom Cruise, using eyes that belonged to another person (don't ask), enters a shopping mall. The facility has dozens, even hundreds, of digital signs. As Cruise hurries by them, the screens examine his pupils and call to him by his assumed identity (that of the man to whom the eyes belonged).

"Good afternoon, Mr. Yakamoto," exclaimed one of the signs. "Did you like that 3-pack of tank tops you bought last time you were in?" While some moviegoers chuckled, a few of us sat in our seats and wondered whether we were watching the future of interactive signs. And if so, does it represent a level of personalization that threatens to intrude upon a person's privacy?

What Are The Benefits?

Lest I sound as if I'm an opponent of the digital signage industry, it's important to review how electronic billboards and other forms of signage provide enormous value. Besides their obvious advantages for advertisers, LED billboards are used to quickly communicate important pieces of information to motorists. For example, Amber Alerts, traffic updates, and other high-profile news items are displayed to keep drivers informed. Not only do the signs help manage traffic flow, but can help deliver criminals to the authorities.

The Greater Good

Digital signage is still a relatively new technology. As network operators discover new and innovative uses for the medium, it's natural that the industry will experience growing pains. From a bird's eye perspective, use of LED billboards, electronic signs, and other forms of signage will continue to grow as designers create content that is compelling, interactive, and informative.

Can the technology go too far? As with any interactive medium, signage can be abused. So, regulations should be pursued with regards to public privacy and safety. That said, the value offered by signage, both to advertisers and consumers, far outweighs the potential drawbacks.
The Dark Side Tattoo
Especially during the holidays, retailers offer no interest, no payment plans as a way for you to purchase that must have stereo system, dining room set, or recreational vehicle without having to put money down. For those who do not have enough cash on hand, this seems like an ideal way to get what they want now and pay for it down the road when their finances are in better shape.

What many people do not realize is that these plans are often times not the perfect solutions they initial seem to be. Depending on the terms of the contract and whether or not you are able to make your payments when they come due, these types of agreements may result in you having to pay significantly more than you anticipated and can wreck havoc on your credit rating.

To start with, even the most financially responsible consumer can see their credit score drop because they took advantage of a no interest, no payment sale. This is because in many cases you are opening a new line of credit with the retailer that, depending on if and how it is reported to the credit bureaus, may increase your credit utilization ratio.

Your credit utilization ratio is a sizable portion of the formulas used to calculate your credit score. It is the amount you owe divided by the amount of credit that has been extended to you. Experts suggest you keep your utilization ratio at or below 30. The line of credit for your deferred payment plan, however, has a utilization ratio of 100 because the amount of credit extended to you is the same as the amount you owe. Depending on your other credit accounts, this could drastically increase your overall utilization ratio and consequently lower your credit score.

Aside from impacting your credit utilization ratio, no interest, no payment plans can include unexpected stipulations in the fine print that catch consumers unprepared. For example, even though retailers may offer zero interest for the first year, it does not necessarily mean you are completely off the hook. Retailers sometimes begin calculating interest starting the day you signed the contract instead of at the end of the non-payment period. When receiving their first bill, consumers are met with the realization that they are responsible for the repayment of 12 additional months of interest fees in addition to the purchase price.

On top of this, consumers who are unable to make payments on time face the possibility of serious credit problems. Late payments can be reported to the credit bureaus and under the terms of your contract, may result in the interest rate on the amount you owe skyrocketing. In addition, even with plans where no interest was accumulated during the no-payment period, if you make even a single late payment, all of that interest may now be added to the amount you owe. What started out as a convenient way to make a purchase, may now involve high monthly payments, collections agencies, and a rapidly declining credit score.

If you are considering taking advantage of a no interest, no payment plan, make sure you understand all aspects of the agreement and read through the contract carefully. Know what interest rates you will be charged, whether or not you will be charged interest during the no-payment period, and what the penalties are for late payments. Only after having all the details will you be able to tell if a deferred payment plan is best for you.
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About Author
Both Frank Lucer & Stuart Hunter are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Frank Lucer has sinced written about articles on various topics from Customer Service, Computers and The Internet and Finances. Four Winds Interactive is leading the way in interactive and software. Check them out online at http://www.FourWindsInteractive.com. Frank Lucer's top article generates over 60500 views. to your Favourites.

Stuart Hunter has sinced written about articles on various topics from 3 Credit Bureau, Bad Credit Loans and Cars. Learn more about your credit score by visiting Lexington Law, the trusted leaders in credit repair whose services have helped clients remove millions o. Stuart Hunter's top article generates over 22200 views. to your Favourites.
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