Deborah Merkin

Recent Posts
Tips for Shopping with your Mobile Wallet
As mobile wallet technology becomes more common, and more retailers begin accepting programs like Google Wallet and MasterCard PayPass it is important to know how and when to use your mobile wallet technology. These tips will help maximize your experience AND keep your financial information secure.
Tap-and-pay systems: Systems like Google Wallet and MasterCard's PayPass are going to only gain momentum. The technology is improving (for instance moving away from a tap, and more towards a wave motion), and the types of locations accepting this form of payment is increasing. How different would it be to do away with metro card systems for public transit, and simply be able to swipe your SmartPhone? It may happen sooner than you think.
PayPal mobile payments: Mobile banking apps such as these allow you to make purchases, and even in some cases, transfer funds without disrupting your life. You can order pizza and pay from the couch, or even transfer bonus funds from your company to your employees, making year-end bonuses instant and convenient.
Roaming credit card readers: These devices allow small businesses and organizations, such as a Girls Scout troop in Ohio (who boasted a 13% increase in cookie sales) to use credit cards without paying a prhibitive fee. These credit card readers come at either a nominal fee (usually a small percentage of each sale) or free to the user. And don't fear about the initial security concerns, readers encrypt financial information before transmitting to the bank. Mobile wallet technology is growing, so make sure you know the basics of how to use it, when to use it, and which products to take advantage of.
For more information on mobile wallet technology check out the article in U.S. News and World Report.
Keeping Workers Happy During Holiday Shifts
For many small businesses staying open on the holidays is a key way to compete with major retailers. In doing so, this often causes obvious strain on employees and employee relations. It is essential to the success of the company that these difficult situations are handled properly, and that employees needs are kept in mind. There are some pretty simple ways to say "thank you" to employees. When assigning holiday shifts, keep flexibility in mind. Things like allowing employees to request certain shifts or switch off holidays among employees can go a long way toward boosting morale and making workers feel appreciated. Another way to say "thank you" is by giving small denomination gift cards, as a token of appreciation. Giving small gift cards is like a small bonus, and the trophy value makes employees feel like they have done enough to earn something as a reward. This motivates employees beyond the holidays, and into the new year. Be sure to be sensitive to your employees this holiday season and it will benefit your organization long after the holidays have ended.
To read more about employee rewards and holiday shifts check out the Fox Business article.
Gift Card Marketing as an Advertising Strategy
Retailers' preparation for the holiday shopping season is now in full swing, and as retailers look for last minute ways to boost their year end revenue; gift marketing becomes a very effective option. Gift marketing uses gift cards as a device for loyalty and rewards. Giving bonus gift cards to shoppers for spending a certain amount turns a gift card from a one-transaction device into a revenue boosting loyalty device that keeps shoppers coming back. It shows appreciation and gives the essential value-added incentive that shoppers look for as they shell out their holiday gift spending.
Are Your Company & Personal Holiday Shopping Habits Reflected in this Infographic?
“After years of recession-fueled frugality, more Americans are feeling the holiday gift-giving spirit in 2011”, says a recent USAA survey. Has your company’s holiday giving increased this year? Budgeting was likely done a year ago, but are you spending more for employee and customer gifts due to better times or do you fall in the “budget glue” category? Have you thought of
gift cards as budget glue? You can literally stick to the dollar of your company gift giving budget with flexible denominations, while giving the gift that people really want – choice!
Stressing About the Perfect Employee Holiday Gift? Try the Gift of Choice.
Holiday gifting season sneaks up fast and, for many employers, it comes with a familiar challenge: finding a gift that feels meaningful, useful, and appreciated by every employee. The stakes are high: a thoughtful holiday reward can reinforce culture, strengthen loyalty, and send employees into the new year with a positive impression of your organization.