Amex & BA Master Thread
Dec 12, 2012, 2:51 am
#2717
Join Date: Sep 2011
Programs: BAEC Gold, Hilton Gold, Skywards, SPG Gold
Posts: 88
Mine should have transferred on Saturday, haven't as yet. I was going to call today but might give it longer if others have the same problem.
Dec 12, 2012, 3:21 am
#2718
Join Date: Jan 2009
Location: Near Edinburgh
Programs: BA Silver
Posts: 9,034
Anyone else having problems with new foursquare accounts? I set up 2 new accounts yesterday with new email addresses but when I check in it is saying "sync my card" instead of the usual "load to card", when i click on sync my card it is saying there is a problem connecting to Amex
Dec 12, 2012, 8:03 am
#2719
Original Member
Join Date: May 1998
Location: Northern England
Posts: 1,534
I've been using foursquare for a short while, and I'm taking advantage of the various Amex offers, such as Harvey Nicks spend £25 get £25 back.
However, I just can't understand why these offers exist, and who is making money (apart from me) or taking the hit. It appears to me to be completely daft as a business model. Can anyone enlighten me as to the benefit?
Off course, long may it continue
However, I just can't understand why these offers exist, and who is making money (apart from me) or taking the hit. It appears to me to be completely daft as a business model. Can anyone enlighten me as to the benefit?
Off course, long may it continue
Dec 12, 2012, 8:15 am
#2720
Join Date: Sep 2012
Programs: BAEC, HHonors Gold, Amex
Posts: 276
My assumption is that it is a simple "get people into the shop" offer. In most cases where they just give a proportion of the spend back then it is no more than a discount.
The ones like Harvey Nichols are slightly different, but remember that many people aren't doing what we do, and will spend rather more than £25 anyway, especially in shops like that.
In addition, with ones like Harvey Nichols, they know that for many people just giving a discount is not going to entice people in. For me, if the offer had been spend £50 and get £25 back I wouldn't have been interested, but at least the offer got me in the door and I saw what Harvey Nichols sell, and got a free bottle of very drinkable wine for my trouble. In my case it just confirmed that I wouldn't want to go back, but then I am probably not typical.
The one that does puzzle me a bit more is the mix of demographic. I can imagine Amex users who would shop in Harvey Nichols, but I don't imagine them using rather niche social media sites. I'm probably wrong though.
Dec 12, 2012, 9:32 am
#2721
Original Member
Join Date: May 1998
Location: Northern England
Posts: 1,534
Amex & BA Master Thread
I now have a bottle of free ( hopefully) drinkable wine from Harvey nicks as well! Unlikely to go back as im rarely near one. Also visited gap, Starbucks and Argos this week for a complete cross section of shops, and now have various free or cheap items.
Dec 12, 2012, 9:43 am
#2722
Suspended
Join Date: Oct 2011
Location: Her Majesty's United Kingdom
Programs: BA Gold, BA Lounge Rats, BA Audit Survivors, CW Kitchen Defender, CX Noodle Connoisseurs Club
Posts: 5,955
)2/2 of the Tescos we have done have credited already ^
7/10 of the Gap transactions have also credited, just waiting for 1 BMI card and 2 x Lloyds to credit still
List of all known offers (Blatently poached from paidtoshop.co.uk
)Argos spend £20, get £5 until 31st December 2012
Bentalls/Fenwick spend £50, get £10 until 24th December 2012
Harvey Nichols spend £25, get £25 until 31st December 2012
HMV spend £20, get £5 until 31st December 2012
House of Fraser spend £50, get £10 until 31st December 2012
GAP spend £10, get £10 until 31st December 2012
Liberty London spend £50 get £25 until 31st December 2012
Nike spend £50, get £25 until 31st December 2012
Pizza Hut, Spend £30 get £15 until 6th March 2013
Starbucks spend £10, get £5 until 13th February 2013
Tesco spend £50, get £10 until 31st December 2012
Urban Outfitters spend £50 get £25 until 31st December 2012
Dec 12, 2012, 10:15 am
#2723
FlyerTalk Evangelist
Join Date: Feb 2004
Location: London
Programs: BA, VS, HH, IHG, MB, MR
Posts: 26,871
Harvey Nicks think like this.
Our average spend is, say, £150 per transaction
Our gross margin is 50 per cent
Excluding VAT, we make £60 per transaction
Giving away £25 to make £60 makes sense if it is incremental business we wouldn't get otherwise
The model falls apart, though, when you start selling hundreds of £25 gift vouchers or £27 wines, and then the vouchers get used in the sale when you are selling stuff at cost price to get rid of it.
Our average spend is, say, £150 per transaction
Our gross margin is 50 per cent
Excluding VAT, we make £60 per transaction
Giving away £25 to make £60 makes sense if it is incremental business we wouldn't get otherwise
The model falls apart, though, when you start selling hundreds of £25 gift vouchers or £27 wines, and then the vouchers get used in the sale when you are selling stuff at cost price to get rid of it.
Dec 12, 2012, 10:17 am
#2724
FlyerTalk Evangelist
Join Date: Aug 2011
Location: Barcelona, London, on a plane
Programs: BA Silver, TK E+, AA PP, Hyatt Globalist, Marriott LT Plat, Hilton Diamond
Posts: 13,050
Dec 12, 2012, 10:19 am
#2725
FlyerTalk Evangelist
Join Date: Aug 2011
Location: Barcelona, London, on a plane
Programs: BA Silver, TK E+, AA PP, Hyatt Globalist, Marriott LT Plat, Hilton Diamond
Posts: 13,050
Harvey Nicks think like this.
Our average spend is, say, £150 per transaction
Our gross margin is 50 per cent
Excluding VAT, we make £60 per transaction
Giving away £25 to make £60 makes sense if it is incremental business we wouldn't get otherwise
The model falls apart, though, when you start selling hundreds of £25 gift vouchers or £27 wines, and then the vouchers get used in the sale when you are selling stuff at cost price to get rid of it.
Our average spend is, say, £150 per transaction
Our gross margin is 50 per cent
Excluding VAT, we make £60 per transaction
Giving away £25 to make £60 makes sense if it is incremental business we wouldn't get otherwise
The model falls apart, though, when you start selling hundreds of £25 gift vouchers or £27 wines, and then the vouchers get used in the sale when you are selling stuff at cost price to get rid of it.
Dec 12, 2012, 10:25 am
#2726
Suspended
Join Date: Oct 2011
Location: Her Majesty's United Kingdom
Programs: BA Gold, BA Lounge Rats, BA Audit Survivors, CW Kitchen Defender, CX Noodle Connoisseurs Club
Posts: 5,955
Bottles of Stella are £3.25, so you could get 9.2 bottles
Alternatively their bottles of wine are around £10 each
Not a bad way to start an evening out for £15
Dec 14, 2012, 3:59 am
#2728
Join Date: Jul 2012
Location: UK
Programs: BAEC, IHG, LeClub, HHonors
Posts: 599
Dec 14, 2012, 4:21 am
#2729
Join Date: Sep 2011
Programs: BAEC Gold, Hilton Gold, Skywards, SPG Gold
Posts: 88
Dec 14, 2012, 4:28 am
#2730
Join Date: Jul 2012
Location: UK
Programs: BAEC, IHG, LeClub, HHonors
Posts: 599
