Lose a Laptop or PDA? You Get Your Stuff Back with Property ID Asset Tags

You've finally done it, you left your laptop at the coffeewere never reported or returned - a CD case full of
shop, your cell phone at the supermarket or your PDAmusic and a calculator.
on the counter at the office supply store. Maybe youIf this trend takes hold and becomes popular in the
forgot to pick up your iPod from the ATM, where youconsumer market, it will mirror a concept long used by
put it down to answer your cell phone during a bankingcorporate, government and military organizations.
transaction. Several new companies have launchedThose large companies, educational institutions,
with the express purpose of helping us all find stuff wegovernments and the department of defense have
inevitably lose every day. Each are using the power oflong put asset tags on property over a specified dollar
the web, plus toll free phone numbers and a databasevalue.
of unique ID numbers assigned to each item andYou can see "fixed asset tags" on items ranging from
registered to owners - on special "asset tags" orstreet light poles to heavy machinery. Those items
"property ID tags".have long been tagged and labeled with unique ID
1,200 cell phones, 1,500 sets of keys and over 300numbers and bar codes printed onto them to facilitate
PDAs and laptops are turned into the Las Vegaselectronic scanning.
International lost and found department annually. -More recently, corporate and government entities have
McCarran Int'l Airport Security, July 2003begun placing asset tags on more high value movable
140,000 items are found annually on Southwest Airlinesitems like laptops, PDA's, scanners and cell phones
flights, 50,000 items at Enterprise Rent-A-Car, and 20carried by employees in their work. This facilitates the
a day at some Avis Rent-A-Car locations. Despiteidentification and return of those "movable assets"
best efforts, fewer than 1% are returned. - The Wallwhen they are lost on the job by careless or
Street Journal, November 2003distracted workers.
Several companies have launched to help return lostThe launch of companies like StuffBak, TrackitBack,
property represented by web sites each companyBoomerangit show that valuable electronic, digital items
offering to help you recover lost valuables.are being lost far more often by consumers and they
An Irish startup has launched based on that sameare seeking ways to get their goodies back when
concept of marking expensive portable electronics,they misplace them. Asset tags for the masses may
laptops, PDA's, cell phones, MP3 players and otherbecome popular enough to support consumer oriented
valuables with their asset tags (labels with unique IDcompanies to label consumer items.
numbers). That firm also has a website and toll freeStuffBak has partnered with retailers like CompUSA
phone lines where items can be reported found. Theand Sears, while BoomerangIt works product tie-ins
Irish company is named and has a cute, black andwith Pioneer, Toshiba, Palm and Seiko Instruments,
white spotted puppy dog as a mascot. The conceptalong with nearly a dozen bicycle manufacturers - (due
of the dog "fetching" lost items and returning them toto their roots as a bicycle recovery company).
you is easy to understand. The company tag line isBoomerangIt is also working with the National Crime
"The Lost And Found Company" for obvious reasons.Prevention Council (Think McGruff the crime fighting
What is not so obvious to most is the idea that manydog and "Take a bite out of crime"). They also work
people are honest enough that they would actually turnwith local police departments in return of stolen goods
in a lost valuable. Most of us assume that if we leavewith the tags. TrackitBack has partnered with Staples
a laptop or an iPod on the bus or subway, that we'dand BestBuy stores - so all are agressively marketing
never see them again. But the companies cite severaltheir offerings in the consumer marketplace.
experiments done in the US by 8 local television newsEach offer business incentives for larger sales of ID
stations and one by a USA Today columnist, Edwardtags exceeding 50 or more, with invitations to
Baig, to prove that if those valuables are labeled withcompanies to contact them for volume pricing.
special "asset tags", that people will, more times thanThe movement of asset tags into the consumer
not, call the toll free telephone numbers printed on themarketplace is an unexpected development that may
tags and return the expensive items.be logically extended into property insurance discounts
[and other unexpected areas. Asset tags are turning
The television stations had a 75% success rate inup on consumer goods through national retailers and
getting their "lost" items reported and turned in, whileproduct bundling with cooperating "lost and found"
columnist Baig got back 4 of 6 purposely "lost" itemscompanies to bring your laptop, PDA or iPod back
(two thirds) in his experiment. Baig mentioned in hishome when it is lost.
column that it was the least expensive things that