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Incentivized reviews: Uncovering hidden dangers

BirdEye

Here’s an example of a review left in exchange for a sweepstakes entry: Considering 95% of consumers read online reviews before committing to a purchase, spending a chunk of the marketing budget on incentivized reviews makes financial sense for most companies. Case in point, some consumers dislike the idea on principle.

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Implications of interchange fees for loyalty marketing

Currency Alliance

On 13 th of November 2022, the interchange charges on credit card transactions in New Zealand will be capped at 0.8%. This fee is commonly how financial services brands have funded their loyalty rewards for at least the past decade. In 2017, legislation in the European Union reduced the interchange fee from 2-2.5% down to 0.3%

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POV: Where Is The New Growth For Restaurants? Your 6-Step Strategy

Strativity

From the pandemic then straight into inflation, rising interest rates, and softening consumer spending, Material’s view is: The restaurant category may never normalize. The go-go days Prior to 2019, consumers were experiencing a massive boom in restaurant choice. Brands CEO David Gibbs noted, “2022 was a landmark year for Yum!

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Where is the new growth for restaurants?

Strativity

From the pandemic then straight into inflation, rising interest rates, and softening consumer spending, Material’s view is: The restaurant category may never normalize. The go-go days Prior to 2019, consumers were experiencing a massive boom in restaurant choice. Brands CEO David Gibbs noted, “2022 was a landmark year for Yum!

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