Loyalty
Marketing Newsletter Ernex brings you an online newsletter based on loyalty marketing concepts, trends,
and insight, published once every three months.
What's New - April 2007
Industry Happenings
Retail Info Systems News recently published an article by Malcolm Fowler titled "Calling all business owners: it's time to give stored-value cards a second look" in their Executive Intelligence column.
Fruitcake, tube socks, reindeer sweaters. Ring a bell? Think back to Christmas morning, right when it was time to open Aunt Edna's gift. As you examined the box, you knew full well it didn't contain the gift you had hoped for but instead, another oversized, itchy Rudolph sweater, which you, without a doubt proudly displayed at the back of your closet.
Thankfully, a clever marketer who thought Rudolph belongs in the North Pole and not on a sweater introduced the stored-value card, a convenient payment tool used by millions of consumers that has practically bullied the tacky sweater industry right out of business.