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Thursday, January 31, 2013
Saturday, January 26, 2013
Canadian Tire Loyalty Program
Did you know Canada’s oldest loyalty program is from Canadian Tire? What is a loyalty program by the way? Loyalty programs are designed marketing effort to promote a business, product and sale merchandises. It is a creative way to win the customer devotion to the business in exchange of an incentive.
The Canadian Tire program
was introduced way back in 1958 to Muriel Billes, wife of Canadian tire
co-founder A.J. Billes. A few years later, the Canadian Tire money was born. It is made out of genuine bank note paper to help prevent counterfeiters from
copying the money. The same mythology is still being use until now. Like I wrote
to my first Blog who does not like extra change as a reward when you are about
leave the store after purchasing a product.
Years pass, Canadian Tire
made an upgrade to their loyalty program. Canadian Tire money in the card was
introduced. A promotional attempt to have customer effectively collect points
using their Canadian Tire MasterCard Option. But they never stop from there, Canadian Tire just recently launch “Canadian Tire Money Advantage”. I’ll be blogging more about this to one of my future blog. Anyhow, I believed loyalty programs are not
just attempts by organization to make money. But it is an effortless attempt by
companies to share success, by giving customer opportunities to win rewards.
Sunday, January 20, 2013
Gift Certificate from PartSource
Have you ever heard of gift
certificate expiring? Well I just recently discovered back in 2009 PartSource, a Canadian tire owned company launch a promo that you can purchase gift certificates
that doesn’t expire. http://www.partsource.ca/tools/PartSource-news-12-03-2009.asp how convenient is that. I, a person that loves to work on my
vehicle wishes that I would have found out about their gift certificate 3 years
ago. Imagine friends and families that have asked me what I want as a gift,
normally I would have just said anything. PartSource is a store that sells
over 300,000 automotive parts.
http://www.partsource.ca/tools/car-enthusiasts.asp Imagine the money I would have save. Their automotive parts may probably not
support car dealership quality. But if you want to save money and you’re a type
of person that do a lot of work on your vehicle, tell your friends and family
ask them to buy you PartSource gift certificate instead.Thursday, January 17, 2013
History of Canadian Tire
Canadian tire….
This company has been around since
1922. A Canadian owned company, uses their own money which I like by the way.
There is nothing more beneficial when store gives you extra change.
Canadian tire uses a great
marketing strategy that listens to people needs and concerns. Throughout the
years Canadian Tire has been one of the best hardware stores in the country.
Today, they rank 56 out of 100 Canadian companies with big revenue through
2012. Not bad, when business analyst seemingly judge the company would falter
in the mid 1990’s.
What about Ted and Gloria, a real
married couple shown in several Canadian Tire commercials a lot of people
speculate it was because of them Canadian tire is still the best hardware
store. I’ve worked for Canadian tire for six years and I felt the big boost on
sales and orders in the year 2000, you'd be the judge. I believe it’s because of
innovative ideas. Eventually, Ted and Gloria were dropped by the company. I
guess because of demographic reasons, in order for companies compete in the
tough market, innovative changes must be made.
Canadian tire now focuses on
investing in sister based company. They got their own clothing store, petroleum
pump station, financial services and Partsource. I mean… I've never used their
own gas station or shop at their clothing store. But what really make them
successful? Is it because of the young generation that cannot make up their own
mind or is it simply whenever Canadians shopped at a Canadian tire store make them feel proud and patriotic citizens
so they keep coming back? For me, I think it's because of their services
whenever I shopped at Canadian tire I always found what I need, charged at a
reasonable price.
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