The Social Credit Card: AmEx Syncs With Twitter To Turn #Hashtags Into Savings

Wow, this is interesting, AmEX taking consumer data to the next level, uncovering  ROI from linking in to customers Tweets.

courtenaybird:

AmEx aims to be the connective tissue between merchants and consumers on social media that will provide a mix of offers, data, and branding to its members.

As with Foursquare, the process of syncing your AmEx account to your Twitter account is a quick, one-time process. Once linked, U.S. cardholders have the opportunity to earn rewards by tweeting special offers from hashtags.

…The benefit of the service is as much about the deal for the consumer as it is the data for the merchant. “We can go to Whole Foods or any merchant we work with and give them information and analytics,” says AmEx vice chairman Ed Gilligan. “How many people used the offer? What was the size of the shopping cart when they checked out? Did that customer come a week later or a month later?”

In other words, AmEx has finally developed a way to demonstrate a tweet’s ROI.

10:26 am, reblogged by techcast
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Notes
  1. premium-magento-templates reblogged this from gigidowns
  2. kevanboyles reblogged this from futuramb
  3. agencycreative reblogged this from emergentfutures
  4. midnightoilcreative reblogged this from emergentfutures and added:
    By directly rewarding people for sharing, Amex is creating a new incentive structure for social media. No longer are...
  5. amexopenforum reblogged this from worldinnovationforum and added:
    Thanks for the shout out!
  6. worldinnovationforum reblogged this from emergentfutures and added:
    AmEx was a pioneer with the Foursquare check in discount — which full disclosure, this blogger tried out and used to...
  7. caterpillarcowboy reblogged this from tootwo and added:
    I’ve been thinking a lot about this, so here’s a few thoughts: Remember when I wrote about a Facebook credit card?...
  8. tootwo reblogged this from emergentfutures
  9. smespresso reblogged this from emergentfutures
  10. homeownersinsurancemiami reblogged this from emergentfutures
  11. moviebully reblogged this from emergentfutures and added:
    Hmm not sure how I feel about that, but as long as they still offer concierge service I suppose it’s a fair-esque trade
  12. vivacious reblogged this from futuramb
  13. thebusinessofbusiness reblogged this from emergentfutures and added:
    We will be seeing a lot of this integrative tools in the future. A all new data set is to be released to merchants and...
  14. davidwayneika reblogged this from futuramb
  15. futuramb reblogged this from emergentfutures
  16. zetaraffix reblogged this from emergentfutures and added:
    ROI tangibly defined
  17. caramelafrodisiac reblogged this from emergentfutures
  18. readinglist32 reblogged this from emergentfutures
  19. emergentfutures reblogged this from courtenaybird
  20. misskatiemo reblogged this from courtenaybird
  21. techcast reblogged this from courtenaybird and added:
    interesting, AmEX taking...next level, uncovering ROI from linking in
  22. gigidowns reblogged this from courtenaybird and added:
    via
  23. courtenaybird posted this