The new site creates a unique destination for retailers to engage with a huge base of consumers. At launch, Visa cardholders in the UK can access discounts from over 40 brands tailored for the festive period, such as 30% off Hallmark, 15% off Goldsmiths, 10% off a £20 order at I Want One of Those, 10% off all electronics and accessories for over £49 spend at Dell, and free delivery for over £50 spend at Hamleys.
You have to break out of a straitjacket, one that is slowly wrapping around you in your organisation; how you see yourself, the world, business, customers. You’re framed by habit, by the budget, comparison with last year, last month, last week, meeting targets. These can all slowly suffocate you and your ability to see things fresh and new. You should take a fresh look at yourself, your customers and, above all, the opportunity.
There is an alternative…get a prepaid foreign currency MasterCard or Visa card and the terms and fees are clear upfront. This may be a case of selecting the right tool for the job. Caxton Fx and Travelex are the ones I’ve used.
My view on all this is that it’s too little and too late. Back in the late nineties was the time for HMV to broaden their delivery of entertainment across other formats. The recent successful foray into live music is making money but is one of the few assets they can sell to prop up the business.
When the live music business goes, and the retrenching to a CD/games retailer is complete, why should we shop at HMV? Amazon does pretty well for me, as does iTunes and Spotify thank you.
How about flipping the strategy? Keep the profitable live music business and sell off/close the loss making shops. Just a thought.
Research and Markets today announced the availability of a new report on the prepaid payment card market from Global Prepaid Exchange, “Prepaid Market Assessment: Germany, Austria, Switzerland.”
According to the report, the major prepaid opportunities in the DACH region are government disbursements, transportation, gifting and corporate incentives and benefits. The sector most likely to see the strongest growth in the next five years (15-20 percent annually) is government prepaid.
I’ve been researching an idea that will involve Generation Y. There is a lot of similar and rather dull stuff on the subject available at the end of a Google search. Yes, we know about the praise, appraisal and loyalty points.
I tripped across a very good piece of video from Jason Dorsey on YouTube. It’s only about 10 minutes long and it is thought provoking: Baby Boomers vs Generation X and Generation Y.
Today, for the first time in history, there are four generations in the global professional and managerial workforce:
The Traditionalists, born between 1925 and 1942. Most, but by no means all of these, have retired or entered semi-retirement.
The Baby Boomers, born between 1943 and 1960. The oldest of these have begun retiring from employment.
Generation X, born between 1961 and 1976. Many of these are already established in management positions.
Generation Y, born between 1977 and 1995. These form the latest cohort to enter the global workforce.
Research In Motion announced the BlackBerry Bold 9900 and BlackBerry Curve 9360 smartphones are the first SIM-based NFC smartphones to be certified by MasterCard Worldwide as PayPass-approved devices.
With this certification, any MasterCard PayPass-issuing bank globally will be able to deploy PayPass-enabled accounts to the SIM card of these smartphones. The certification was granted on the basis of the BlackBerry smartphones meeting the functionality, interoperability, and security requirements of MasterCard.