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Mobile Banking is changing consumers' relationship with their money

The latest analytics from comScore Inc. indicate that the number of consumers using mobile online banking has increased 45% since one year ago.  This staggering number is proving the shift to mobile technology use is growing, and most importantly, that consumers are beginning to trust mobile technology more as it continues to develop. Upon the initial introduction of mobile financial applications the majority of consumers indicated through various surveys and studies that they used mobile technology, but would not do so for banking or financial purposes. Having a trusting consumer base has caused a massive growth in mobile banking, which could also mean big changes for gift card usage and receipt of employee rewards.  Imagine getting a spot reward, gift card from your boss for doing well on a big project, and having it download right to your phone. Or having your year end bonus go into your checking account and being able to move that money around on your way to buy your holiday gifts. Mobile banking is changing the way people handle their money. How will it change your financial attitudes? Do you trust mobile banking?
For more information on the latest comScore Inc. analysis click here.

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How Project Thankful will Support the Double Shopping Phenomenon

Over the last few years, in reaction to the US recession settling in; shoppers have doubled-up their holiday purchases in order to stretch the family dollar beyond the holiday deals. “Shoppers say they intend to spend $130.43, on average, on sales of clothes, electronics, home goods and other items for themselves or their families, up 16 percent from last year’s $112.20”, according to the National Retail Federation’s 2011 Holiday Consumer Intentions and Actions Survey. In the coming weeks, CVS/pharmacy and GiftCard Partners will launch a B2B promotion in that exact vein. The campaign is directly tied to employers’ holiday giving to employees, allowing employers to save money and GIVE MORE. At a store like CVS, gift card recipients can cash in on holiday deals to purchase every-day items for themselves and their families in addition to their holiday shopping. Visit
Holiday Shoppers Want Deals for Themselves to learn more about this consumer trend, and GCP will deliver more in early November to help employers save while giving more to their employees for the holidays. Source: Chicago Sun-Times

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5 Holiday Marketing Tips

Retail competition definitely intensifies during the holiday season, so it is important to make sure your business' holiday strategy stands out.  Here are 5 quick tips from "Practical Ecommerce" to keep your strategy fresh this year.

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You may not have to break the bank to reward your employees this year

A new MarketWatch survey release this week indicates that employees don't need much to feel rewarded during this holiday season.

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The Home Depot’s Gift Card Strategy Advice

It’s holiday corporate gift giving season and gift card promotion time, but some retailers aren’t losing track of their long term goals and strategies. Forbes.com presents The Home Depot’s advice to retailers and merchants on developing their gift card strategy, including their placement in B2B programs like corporate incentive programs, the importance of personalization, promoting eGift Cards, mobile and social channels, and more. GiftCard Partners is always proud to bring you examples of who is doing B2B gift cards right! Read on to discover
The Home Depot’s best in breed advice for gift card strategies. Source: Forbes.com MarketShare

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