[livelikeian]

Testing out windows live messenger integrated twitter posting. Hmmm. Does it work?

.::give up

Because, when you need to, it’s better to let them know you’re alive. It’s better. It’s better, I suppose.

Bedside Rant: Rewards Points.

Rewards are nice and I suppose I shouldn’t be complaining when I get them. After all, rewards aren’t mandatory, they’re nice little perks. But for the sake of a blog post (and my sanity), I need to say something about rewards points.

You may or may not have a credit or bank card that offers rewards points, but the idea behind them is simple: provide your clients with an incentive to use your service or shop at your store and they’ll use your service or shop at your store more often. It’s a great idea. Imagine, getting rewarded for doing something you’d be doing anyway (e.g. buying those overpriced pair of shoes with Bank A’s credit card, so you can slowly contribute monies to that dream vacation you desperately need). In reality, you’ll probably outgrow your desire to visit Mickey by the time you get enough points to make a significant dent to your travel expenses.

Oh, and those little doo dads in the rewards catalog, what a bargain those are! A quick look at Bank A’s rewards catalog reveals a fine little tablet laptop (for kids) from Vtech. A quick look on ebay reveals the lowest price at which I could acquire this toy for my imaginary son or daughter: $29.99. Now, let’s take that $29.99 and find out the true value of the points Bank A provides. From their catalog, you can expect to use up 17, 500 points to grab this fine piece of electronics. Now keep in mind that it takes $1 of your cash to get 1 point from Bank A.

A simple calculation of 29.99/17500 reveals that Bank A values 1 of their points at .0017 cents.

Nuff said.