Entries Tagged ‘Rewards programs’:
filed in Communications on Nov.19, 2009
At times, Marketers can be real Bozos…….or is it BOGOS?
Striving for creativity can unleash the best and worst in marketers and while I’m not afraid to make mistakes, I try to avoid outsmarting myself as much as possible.
Folks working in the marketing space will agree that we have to be sharp as tacks to stay [...]
Tags: BOGO, Communications, Earning velocity, Kohl's, Loyalty Marketing, Payless Shoes, Publix, Rewards programs
filed in Banking & Cards, Thought Leadership on Nov.09, 2009
I recently shared a story in the Toronto Globe & Mail about how Canadian parents would rather talk with their children about sex, drugs or alcohol than money.
Sometimes when I talk with stakeholders responsible for loyalty program operations, I get the feeling that the question draining their complexion is not far from that mark. “Who [...]
Tags: American Express, breakage, Buffalo Bills, Credit Card Act of 2009, credit card rewards, Hugh McColl, Leon Lett, Loyalty programs, MasterCard, merchant funded rewards, NCNB, North Carolina National Bank, participating merchants, Rewards programs, Visa
filed in Analytics, Measurement & Metrics, Thought Leadership on May.22, 2009
For every person who chirps that Loyalty programs don’t work, I respond by pointing out the unrealized opportunities with existing programs in the market.
Recent COLLOQUY research reported that American households belonged to an average of 14 loyalty marketing programs but were active in only 43%. Think about the implications of this simple metric.
If the average [...]
Tags: Colloquy, loyalty program measurement, Loyalty programs, Rewards programs
filed in Case Study, Retail on May.04, 2009
A picture is worth a thousand words, but since CEO’s don’t generally paint pictures, we have to listen to what they say. One of the best opportunities to listen is when business leaders speak to the investment community. In these venues, one has to assume that the priorities outlined are indicative of the direction the [...]
Tags: Chico's, Loyalty programs, Macy's, Nieman Marcus, Nordstrom, Rewards programs, Saks, Seeking Alpha