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Bullboard - Stock Discussion Forum CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT

TSX:FUT - Post Discussion

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Post by BayWall on Dec 13, 2012 10:36am

The game is changing

The loyalty market is unpredictable and has caused in part, the CCAA process, Futura's management is correct:

From a blog on the AKR website.

Auto service opportunities are declining and so is revenue.

Let’s face it, the OEM’s are building great products, which means we get them in less frequently for warranty work. Added to that is the fact that scheduled maintenance cycles are now a third of what they use to be, with a huge increase in independent and aftermarket competition just down the block. To top it all off, customers think it’s more expensive and more difficult to get into the new car service department.

This target market is the least loyal of any group of consumers in any retail sector.

Comment by BayWall on Dec 15, 2012 8:52am
If such is true about auto service, the more reason all new car dealers need Aeroplan. Have to still address the cheaper costs independent jobbers offer "down the block".  Maybe Aeroplan has to ramp up the Aeroplan miles handed out.   At first glance, it seems loyalty programs like Futura's Dealer Dollars made sense with a % cash earned theme. But ...more