I just assumed it was a scam the moment I saw it. Just thought it was farming data for profit out in the open because everyone else dose that. They went above and beyond and made corpo malware.
this post was submitted on 22 Dec 2024
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Brian Dunning (Skeptoid podcast) went to prison for wire fraud for doing a similar stunt with EBay. Not sure what makes this any different.
What makes it different is that it was perpetrated by Paypal, so nobody will see any consequences whatsoever.
You mean a free extension that claims to give me discounts seemingly out of the goodness of their hearts that also has access to every website I go to in the browser where it is installed is not exactly on the level? I'm shocked.....well...not that shocked.
I can't believe that something too good to be true was too good to be true!
So the TL:DW version seems to be that honey changes or adds an affiliate link to get a commission on the sale. Similar programs like Capital One Shopping probably do the same thing.
Honestly, I don’t give a shit. I hate affiliate links no matter who gets them. They are the real scam.
Sounds link the real solution is to use it to identify potential coupon codes. Then clear cookies, resign in, and enter the code yourself. But it’s not like that yields a cheaper price, so I’m not even sure I care.
That's just one issue, there's also the fact that they partner with stores to give worse coupons than are actually available, by letting them get affiliate money when doing so. And then advertising that they ALWAYS give you the best codes, while getting paid by stores not to do so....
Theres also another video coming up with stores that have been screwed over by Honey getting hold of codes that are supposed to be hidden/limited. (though that's honestly on the store, make your limited coupons actually limited to avoid this..) But he only teased this, there might be something wkse/more.
Slightly scummy on the first front, but then again, if I knew the better codes, I’d just use them rather than use a browser extension.
On the second front, that’s more the fault of companies not validating exclusive codes.
I'm torn on affiliate links. I've worked with people in sales before and it's usually scammy unless the contract is done right (flat rate commission, no bonuses for selling "certain" items). I've seen really hard working and informative workers that are actually impossible to replace because of the knowledge of products and handling the customers needs without flair or extra cost. Will inform them of cheaper methods like how easy it is to purchase and install a cable versus paying someone $100 just to plug something in and flip a switch basically.
In those instances, I think the affiliate/commission is warranted. Same with some awesome youtube channels I've ran across where they test the shit out of several products in a category (Torque Test Channel is a good one). If I need the product and I'm buying it off their recommendation I will gladly use their affiliate link if I think about it beforehand.
Now, there are some channels that I've just taken the affiliate link to be basically a form of sponsorship and promotion. Sadly a lot of construction/trade channels end up falling into this eventually. Matt Risinger is probably one of the worse ones, but even lower end guys like The Stud Pack just become a "new product showcase" channel instead of DIY or instructional videos.
Matt Risinger's channel was pretty good when he first started but the last few I've watched seem like nothing but commercials. I haven't watched his stuff in a while so I gave it a shot on a recent video and remembered why I stopped watching.
I'm starting to think they put something toxic in the Zip System, or at least it's like a gateway for corporate sponsorship cocaine. Once they start jerking themselves off talking about how great Zip is, it usually goes downhill from there (not bashing zip, just is always funny). I just recently gave up on him so it was interesting to see the decline. There would be a really great informative video, then several just commercialized crap.
The sad part is if any of these products are scammy, we probably won't find out about it publicly. The company product will just slowly fade from existence, maybe a report done by a safety or efficiency board that will call it out and be dropped from code. There's been plenty of building products that don't hold up to their specs when scrutinized.
Thank you for saying this. I totally agree with your process, and I'd do the very same every time, but something is wrong in an intangible way that makes me feel bad about doing it.
Is that it? Is the fact that the choice is between two entities I'll never know or even recognize again, that offends my morals but satisfies my ethics? And, since Honey is doing something for me in giving me this code, should that not make me want to help them in return?
I'm not saying I've figured this out so much as saying thanks for enabling me.
I do recommend watching the video, it’s a lot more egregious than you might think.
Say that you’re watching an LTT video, and they say that they have a sponsored affiliate link in the description for a product you want to buy.
By clicking that link, you’re basically saying “Thanks, LTT! I hope you get commission off this sale for me, for bringing it to my attention”. Otherwise, you could just go to the site directly, and bring up the product without any affiliate link backs.
So you’ve click on the link, your browser opens up and takes you to the store page with an LTT affiliate link cookie set.
ANY interaction with the Honey pop-up (even clicking ‘Got It!’ when it says that there are no coupons available) will overwrite the cookie to PayPal (Honey’s parent company).
Additionally, Honey works in conjunction with stores to only show certain permitted coupons, even if end users submit better ones. e.g. it might only show HONEY5 for a 5% discount, while there might be a valid BLACKFRIDAY20 coupon code available that aggregation sites show.
There’s also meant to be a Part 2 to this coming out soon, I believe? So there’s probably even more to this story than we know so far.
From the preview, I'm guessing honey is shaking down retailers. If someone hasn't partnered with them then they'll do what's on the tin, apply the best coupon available. They tell the retailers they'll stop if they agree to a partnership.
Rent-seeking middlemen. This is the pinnacle of capitalism. Taking revenue while providing nothing is maximum efficiency. You can tell because it raises prices invisibly for everyone.
This is just a baby version of how credit card companies have placed a 1%-5% sales tax on the global economy. You might say "at least the CC companies provide a service", but that tax get's added no matter if your using a CC or not.
How does the tax get added if you don't use a credit card?
Credit card fees get baked into the general price and are averaged between all the accepted cards. Hence cash transactions and lower-fee cards (debit, credit with less benefits) end up paying more of the share of the higher-fee cards.
It's well explained in the following video: https://youtu.be/OceYCEexDqQ
When you get a credit card machine you sign an agreement saying something like transactions under X amount we, the credit card network company, will charge you 50c or any transactions over X amount we will charge your 1.5%.
Now as a business owner you raise prices 1.5% to cover this fee. If someone pays in cash, the extra 1.5% goes to you, if the customer pays with a card, the 1.5% goes to the card network .
Because enough people use credit cards that businesses have felt compelled to raise prices across the board to compensate.
The same price must be charged for products purchased with credit card or cash. Otherwise the card provider will withdraw their service from the retailer. So the credit card margin is added to every price.
card provider will withdraw
Dubious, as I regularly see gas stations with separate cash vs card prices. I've seen small businesses offer discounts for cash, too. And it's not like visa is going to stop processing cards because walmart started offering cash prices. It's just scare tactics. And for big companies, people who pay in cash offer bigger profit margins, so it's not like they are incentivized to help the situation.
I see Paypal is the owner, I assume it'll be Enshittified on launch
Afaik honey was acquired by PayPal, they were an independent startup until then. But yeah.
I heard about this extension years ago. I wasn't always suspicious about it, but I still never used it. I can't say I'm surprised that it turned out to be a scam.
I'd rather pay full price honestly than support stuff like this.
No way, big YouTubers are all scumbags? Who would have thunk?
Plz watch video next time so you don't look like a fool again.
If you'd watched the video, you would know they were one of the ones getting scammed.
This isn't reddit, but we also don't go past the headline/picture here either.
The issue is that many YouTubers do no due diligence for the products they promote to their high trust audience.
Agreed. I still find idiots trying to promote BetterHelp.
It's Camelcamelcamel okay?
Ccc is just an Amazon price tracker. IIRC their revenue is generated by clicks (the outbound hyperlinks have their Amazon affiliate identifier).
WRT to the affiliate program itself, no idea. Last I checked it still does what it says on the tin.
They're actually providing a useful service, unlike honey just telling you that no coupons exist.
I knew that shit was up to no good. I never install anything like that. I assumed it would be sniping on me, I’m sure it does that too.
I reckon if you're stupid enough to click a thumbnail like that, you're going to get scammed at some point anyway
That thumbnail is for the video exposing honey.
Precisely the thumbnail that would prevent you from getting scammed.
But.. ya, that is the worst possible style of thumbnail regardless.
So, what thumbnail do you suggest? Can you post a thumbnail with your ideal design in mind?
The point of a thumbnail is to attract viewers to your video, among the sea of millions of other videos that get posted every day. How do you propose they do that?
Lol damn... yeah those thumbnails are pretty insufferable
Unironically, I have an estension to fix them. (Replaces thumbnails with a random video frame.)
DeArrow?
That's it. There is also clickbait remover iirc, I used before but switched for some reason I don't remember.