RE:RE:Is Aimia/Aeroplan for Real...OR...Just a Scam?TickBomb and ColdToes and 54568546846357
You all sound like you got your business training from Enron and Bernie MadeOff With UR Points.
With your kind of business thinking, Aimia/Aeroplan will soon be joining BlockBuster Video, Sears and many other companies that now are part of the business junk pile.
A loyalty program with points that expire is a BAD business model.
Actually, maybe you're all from Air Canada…that would explain lots!
54568546846357 wrote: justbull4u wrote: Read this thread below and decide for yourselves...
RE:RE:Aeroplan promises transformed rewards program 2020, fly?
Maybe it is your kind of thinking that got Aeroplan to where it is now...in a hole that it is trying to extricate itself from.
Expiring store gift cards were a scam that governments in Canada had to address recently.
Expiring loyalty points is another scam.
Is Aimia/Aeroplan is real company with a real value proposition?
Or, is Aimia/Aeroplan just another scam?
54568546846357 wrote:
WTF the article doens't talk about expiry of points and that quote is not in the context of point expiry.
Their expiry is actually very good. All you need to keep ALL your points is to be a active member. As a member this is pretty normal. As a share holder i love this because it represents a lot of free cash flow. we get ther revenue without the cost associated to a redemption. Why should we keep you as a active member if you dont earn or spend a point in 12 months?
justbull4u wrote:
Apparently, Aeroplan still has a policy of expiring/cancelling points of members when there is inactivity in their accounts.
If Aeroplan wants to "fly" beyond 2020, this policy must end.
Especially if it launches a cryptocurrency version of its program
Read this CBC News article:
Aeroplan promises a transformed rewards program in 2020, but will it fly?
https://www.cbc.ca/news/business/aeroplan-air-canada-rewards-programs-1.4688482
"They need to do something that says to me I'm not going to lose everything," said Aeroplan member Steve Atkinson in Nanaimo, B.C., who's sitting on almost 800,000 points — enough for four people to fly round-trip to Australia.
A) You are quoting a article that has nto talk about expirying points. Mr Atkinson's worry is not about points expiring but about devaluation of points.
B) Point only expire if you disengage from the program. As long as you stay active and do at least 1 transaction per year your points will never expire.
C) As other poster's explained you are not purchasing points, you are given points as a bonus on your purchase. This is a very from the pre purchase model of gift cards.