Wow, this is interesting, AmEX taking consumer data to the next level, uncovering ROI from linking in to customers Tweets.
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.
By directly rewarding people for sharing, Amex is creating a new incentive structure for social media. No longer are...
Thanks for the shout out!
AmEx was a pioneer with the Foursquare check in discount — which full disclosure, this blogger tried out and used to...
I’ve been thinking a lot about this, so here’s a few thoughts: Remember when I wrote about a Facebook credit card?...
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
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...
ROI tangibly defined
interesting, AmEX taking...next level, uncovering ROI from linking in
via