Tom Ungrodt and Jay Upell talk about PowerPass, a loyalty card product targeted for use by small retailers. This is a case of fairly mature technology finding a gap in the market place.
Like this? Let us know with a $5 donation, so we can do more
In this 6 minute podcast (download iPod compatible, 32MB), Tom Ungrodt, CEO of Ideation, Jay Upell, Sales Administrator for Powerpass, and I discuss Ideation's PowerPass product. As we mentioned in our previous discussion with Bob Holland, Powerpass is a loyalty card product for small retailers. Loyalty cards reward customers who shop frequently at a store by giving them discounts. Loyalty cards give store owners data about their customers. We cover two major topic areas:
- Tom stresses the value to the individual retailer. They probably could not mount a loyalty card program on their own. Just by participating they get invaluable data.
- Jay discusses the value of combining programs among retailers in the same locality. We also discuss a little how that might be coordinated.
In our next podcast in the PowerPass series, we learn more about the history of the product's development and how competitors are positioning themselves.
Additional Links
- This wikipedia article provides and extensive discussion of loyalty card programs with many examples and a critical review of the pros and the cons.
1 Comments
Leave a comment