I thought this was a nice way to save money, rather than Googling coupon codes and landing on sites like RetailMeNot. Coupon sites, in general, are hit or miss, so I thought Honey would help automate this process and find more ways to help me save. If you shop online frequently and want an easy way to save some money without having to hunt for coupon codes yourself, you should try Honey. Browser extensions are like little apps for your browser and are one of the main reasons I tend to use Chrome over other browsers. I used Honey for about three months on Chrome. After I first downloaded it and shopped on Amazon, I noticed Honey was a bit more intrusive than other extensions. During my checkout, I noticed a message from Honey would slide out on the right side of my screen to alert me that it was looking for discounts for me. Honey is a tool that can automatically search and apply coupon codes for thousands of online stores. With over 5 million users, Honey has been around since and is completely free to join. It will automatically apply coupon codes if it can find them to your shopping cart. It also works with Amazon, but in my experience, the extension was never able to find me any coupons.
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What does a free coupon really cost? Plenty of savvy users take this opportunity to do a quick Google search for an easy way to save some money, with millions of codes posted and available for free on a multitude of websites. Going one step further is offering cash back to shoppers at certain retailers, via rewards programs. That opens up your data — a stack of it — to these companies. That said, the privacy policies are varied and are not reviewed by the vast majority of these companies. Read Next : 10 best privacy apps for Android. They can sell information like that for big bucks. The Play Store has plenty of apps devoted to you getting a small cashback on purchases or finding coupons to save money. Some of these are downright wild west. Warning bells start to go off with this line:. Ibotta grants itself a ridiculously open privacy policy, where it can do just about anything it wants:.
Is Honey Actually Good?
That covers anything and everything, and is far worse than any of the plugins. These lines are big red flags few people would agree to if they understood it up front. Coupon and cashback sites make a commission from your purchases with them, which means selling your data is hardly necessary to stay afloat. Ruan pointed out that the process is the only way of getting a coupon to you at the same time. We also promise that we do not collect any data that is not necessary to save you time and money. West claimed the album would only be available on Tidal, which brought a surge of some two million new sign-ups for the streaming service. Days later the album was released to virtually all other services.
Is the browser extension Honey (which automatically applies coupons and finds deals) real or a scam?
That night, after the kids went to bed, he put together a prototype for a browser extension that could help solve his problem. In , Hudson ran out of money, and took a day job as a product manager at an ad tech company to pay the bills. The Honey browser extension automatically offers up coupon codes and «Honey Gold» deals at checkout. Hudson says Honey is currently profitable, but does not disclose revenue. It has a 4. Honey has so far chosen not to monetize its product everywhere it could — for instance, Hudson pointed out, a price-comparison toolbar «would monetize insanely well» but it makes for an annoying consumer experience. Honey’s «Drop List» feature allows users to track price changes. Business Insider. Honey’s driving force, thanks to Hudson’s cofounder Ruan, has been consumer psychology. But eventually, the co-founders realized that the service was just as beneficial to retailers as to shoppers: «We take a consumer who wants to check out and give them the confidence to do so,» he said. When asked for advice for other entrepreneurs, Hudson said it’s crucial to manage your own psychology during the roller coaster ride that is a startup.
Honey Review at a Glance
Slowly but surely, the app grew into something that was marketable, and after a few more hurdles, Honey was launched as a full-blown browser extension built on the promise of helping consumers save cash with as little work as possible. The idea was to create a service that made it easy to automatically search for coupons and discount codes online. Shop Snopes. Our number one goal at DollarSprout is to help readers improve their financial lives, and we regularly partner with companies that share that same vision. About Us. Plenty of other services offer price history on Amazon without having to be installed in your browser. Some are easy, some are hard, but they all put more money in your pocket. The Honey Chrome Extension has a 4.
Apps are even worse
The company explicitly says on its site that data is never sold to third parties, and the company has an extensive privacy policy. Pros Cons Best Suited For. Offers a rewards program in addition to finding discounts. The extension automatically finds coupon codes — awesome, right? Their privacy policy is pretty easy to read and understand, and in May ofthey published a manifesto on their site surrounding Honey and privacy. Are you ready to start making more money? When the price drops, Honey automatically emails you to let you know.
Plugins collect your data
Our number one goal at DollarSprout is to help readers improve their financial lives, and we regularly partner with companies that share that same vision. Some of the links in this post may be from our partners. Honey is a legit Chrome browser extension that automatically finds discount codes from across the internet for all your favorite retailers. If it finds a working offer, it moves on to other existing offers in the queue to see if there is an even better offer still out.
Sound to good to be true? But we take a deeper look to see if the app and Chrome extension is worth the hype and what to watch out for in our detailed Honey review. If you want to reap all the benefits Honey how does the honey chrome extention make money, take advantage of Honey Gold and Honey Droplist in addition to the coupons and discounts.
Click on the Honey button and the app automatically searches the web for discount codes. Then, Honey chooses the relevant code that provides the biggest discount and applies it. Honey supports many different online retailers and service providers like Amazon, eBay, and Sephora.
The Honey Chrome Extension has a 4. Just click the button to find the best deals! The Chrome web extension also allows you to look at price history charts on Amazon so you can choose the best time to buy. You can earn Honey Gold whenever you shop online using the Honey app at participating retailers. To get started, register for the Honey community.
Then, shop as usual and collect Gold when you buy from participating stores. The program covers more than 4, online retailers. Look for a gold dollar sign icon when you shop; this is the sign that the site participates in Honey Gold. Honey Gold does not expire as long as your Honey account stays active. You can cash out your Gold as soon as you reach 1, Honey Gold or. Honey Droplist can help you save money by watching prices. You can easily track price drops on select online stores through the Honey Droplist feature.
When the price drops, Honey automatically emails you to let you know. Then all you have to do is snatch up the item you want at a fraction of the original price!
The Honey app is built for desktop web browsers, but if you do most of your online shopping from your phone, Honey currently has the Honey Smart Shopping Assistant App available for download on Android and iPhone devices.
The mobile app works differently than the desktop extension. You can compare prices for your favorite items at different stores. Best of all, you can check out one time across all stores included on the app! There are many apps and extensions that are similar to Honey. Honey and Wikibuy are both browser extensions that help you find discount codes and the best prices for an item.
It is not available on Opera. Wikibuy also has both an iPhone and Android app and the app experience is similar. Wikibuy allows users to search for the best price on products from within the mobile app.
Wikibuy offers a rewards program where you can earn credits by shopping at participating online retailers and by making qualifying local purchases. Although both of these extensions help you find discounts and earn rewards, Honey is less intrusive, more user-friendly, and has significantly more users.
Honey is generally considered safe to use. To improve your online shopping experience, Honey collects basic information like your IP address, device, operating system, and information about purchases made through Honey. They also retain information about your browsing history while using Honey. Rest assured that Honey does not collect or store any of your financial information, like bank accounts or credit card numbers unless you provide.
Honey does not collect information from your search history or your email. You can uninstall Honey in just a few steps if you want to. You can also uninstall the Honey mobile app by removing apps from your phone. Once you delete the app, Honey deletes all of your personal information. Honey is free, only takes about five minutes to set up, and is a minimal effort way to save money online, earn rewards, and get gift cards. Cat is the go-to personal finance expert for educated, aspirational moms who want to recapture their life passions, earn more, reach their goals, and take on a more active financial role in their families.
Raise your hand if you love having the convenience of shopping on your mobile device? Easily shop on the go while snagging the best price with every purchase. We’ve wracked our brains and scoured the internet to find the best ways for you to make extra money. Some are easy, some are hard, but they all put more money in your pocket. Cat Alford Updated November 28th, Home Money Management Save Money Our number one goal at DollarSprout is to help readers improve their financial lives, and we regularly partner with companies that share that same vision.
Pros Cons Best Suited For. Shop as you usually would at your favorite online retailer. Automatically applies the coupon code with the biggest discount, saving you the most amount of money possible. Offers a rewards program in addition to finding discounts. Must install the extension on your browser. Button appears on all shopping pages, which could negatively affect your internet shopping experience. Frugal savers who care about saving even a small amount on purchases. Shoppers who buy from stores that frequently have discount codes like department stores.
Cat Alford. Leave your comment Cancel reply. Trinity Owen 04 Jan. Thank you! Check your email to get your free guide immediately! Are you ready to start making more money? See the money-making guide that 50, others have downloaded:.
Honey App — How It Works On Amazon — Promotional Video
Using Honey
The browser extension Honey provides coupons for online shoppers and enables consumers to accrue purchase rebates. Honey is a free browser extension that automatically finds and applies coupon codes at checkout for over 30, shopping sites. We also instantly find better prices on Amazon and offer Honey Gold at many stores for our U.
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Over five years ago, Ryan Hudson went online to order a pizza — dinner for his two kids, who were then under 6 years old. That night, after the kids went to bed, he put together a prototype for a browser extension that could help solve his problem. In Octoberthe MIT-trained entrepreneur, along with co-founder George Ruan, used that prototype to build and launch Honey, a web browser extension that automatically finds and surfaces coupons when a user is online shopping. On the surface, Honey performs a few primary functions for users in the course of online purchases. As an extension running in the background, it automatically prompts shoppers to check for any active coupons in its database during most checkout processes, and it can also can product prices for long-term planning of purchases, enabling its users to monitor pricing trends with very little effort. Not long after the thread was posted, founder George Ruan addressed the claims in a comment explaining the manner in which Honey finances both its operations and its rebates and denying that user data is ever sold to or shared with third parties:. Honey saves people money in 2 ways: 1 automatically applying coupons on the checkout page and 2 giving you extra cash back with every purchase. This is the only way to appear ONLY when you are on the checkout page. In order to give our users cash back on their purchase, we need to know that a transaction happened so we can match up the records with merchants. Honey makes money by getting a commission from merchants and then giving a portion of it back to our user as cash. The focus of that thread was the vulnerability of any browser extension to exploitation to bad actors.
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