Showing posts with label rebate. Show all posts
Showing posts with label rebate. Show all posts

12/04/2023

GE: UltraFast Postcard Fail

I recently received a postcard from GE that merits several Fails for Content. 

GE One And Done

The front shows an androgynous person in a high-end walk-in closet doing laundry. She is smirking at her laundry machine while either preparing to put towels in or recently having removed them. "This is not just laundry," cries the headline, "This is One & Done."

GE One & Done Wash & Dry

On the address side is a picture of two laundry machines -- presumably run by an app. There is very little copy on this side, only, "Wash + Dry with the UltraFast Combo," with a Call to Action to visit a specific appliance store.

As executed, this postcard has multiple Fails. Let's break down why it was a waste of money.

Confusing Audience

The front of the postcard shows someone in a combination utility room and expensive closet, with more athletic shoes than you can count. The room looks pretty expensive, like it is in the house of a one-percenter. It certainly doesn't look like this is a typical personal using a typical machine. So a typical consumer might look at the person and room and think they couldn't afford whatever the postcard is advertising.

Misleading Product

The address side shows not one, but two machines, visually suggesting that this is a washer-and-dryer combination set. It isn't, through, the picture is actually of two of the same one-piece washer/dryer appliances -- one has a stand. A typical consumer would have to look and think hard to recognize this, but they wouldn't bother. They'd likely look at the postcard fore about three seconds, then toss it.

Uncompelling Benefits, No Urgency

The communicated benefits appear to be the ability to wash and dry by using an app. Maybe that's enough to motivate a consumer to visit a website in the comfort of their own home, but it is not compelling enough to get a consumer to schlep to a store. After all, this is a low-interest category for a major purchase. Why not include an offer, such as $100 rebate for this $2,899 machine if the consumer brings in the postcard within 30 days? Even a modest incentive with a reasonable offer expiration date supports some action.

Incorrect Location

Finally, this postcard gets the store location wrong. The Hoing's Appliance location near me is in Forest Hills, not the Bronx physical address shown on the postcard. In fact, the web address on the postcard is for Forest Hills location, while the Bronx location has a different web address.


Lessons:
  1. Explain your product. Clearly communicate its benefits.
  2. Support your mail with online content to explain your product benefits.
  3. Give the customer a reason to take action soon.
  4. When directing a customer to a physical location, share the nearest location.
  5. Check every URL listed in your mail.

5/04/2022

Fidelity Rewards Visa: Bonus Offer Improvement

I recently wrote about a confusing email offer from Fidelity Rewards Visa with a complex bonus statement credit for a specific category of purchases and a failure to reinforce it's basic product benefits. It merited a Fail for Creative and potential Fail for Offer. 

About six weeks later, Fidelity sent a new and better executed offer to the same person.

Fidelity Rewards Visa Bonus Offer

Fidelity Rewards Visa Bonus Offer

The offer is straightforward and simple enough to explain to my mother: Earn 3 points, rather than 2, for every dollar spent online through May 31, 2022. Unlike with the previous email, there's no minimum spend level, and the email clearly explains the $25 incremental rebate cap using icons and simple language to support communication clarity. Below the three icons, the email reinforces the basic product benefit, specifically that the bonus is in addition to the 2% cash back already available for all credit card purchases.

On the other hand, the email still has one issue. To enroll in the offer, the recipient has to click on the "Enroll now" link in the email then enter a promo code (which may be unique to the recipience, so it's blacked out here as potential PII). The code is 13 digits, which is a lot to enter. In user experience jargon, the need for a customer to enter a long code adds traction to the enrollment process.

So, how could Fidelity Rewards improve this email even more? If the promo code is unique to the customer, perhaps Fidelity could offer1-click enrollment, as other companies do. If it is not unique, why make the promo code so complex? Fidelity could go with something easy to transpose, such as "OnlineBonus22."

Lessons:
  1. Your offer should be simple to explain.
  2. Don't forget to reinforce your basic product benefits.
  3. Take as much traction as you can out of customer enrollment -- the easier for customers, the better.


4/04/2022

Fidelity Rewards Visa: Offering Nothing for Something, or simply unclear?

The Fidelity Rewards Visa Signature Card offers a 2% rebate on purchases. Their product home page touts, "Earn unlimited 2% cash back on everyday spending." So, why are they are sending emails to  existing credit card customers offering a "2% statement credit, up to $25?" To me, that sounds like a limit.

Fidelity Rewards email with Home Improvement Offer



Fidelity Rewards Card Email with Rebate Offer


The email headline reads, "Earn up to a $25 statement credit." The offer appears to be an opportunity to earn a 2% statement credit if a customer spends at least $200 at a Home Improvement or Lawn & Garden store, with a maximum statement credit of $25. Huh? So, if a customer spends $180 at Lowe's, the customer gets nothing? And if the customer spends $2,500 at Home Depot, they get effectively a 1% rebate? This seems like eating a doughnut hole. Spend too little and there is no benefit; spend too much and the benefit is diluted. Is this a Fail for Offer, or just strange?

But what about that 2% rebate that is supposed to be available for everyday spending on that very same card? The email doesn't speak to that at all. This merits a Fail for Creative because the email does not explain that the statement credit opportunity is incremental to the 2% rebate. The headline could have read, "Earn up to $25 more when you spring into home products." Or the body copy could have read, "In addition to the rewards you already earn, enjoy an additional statement credit up to $25 when you ..." Then there could be an implication that the effective customer rebate could be as high as 4%.

Lessons:
  1. Your offer should be simple to explain and allow customers to easily benefit.
  2. Don't forget to reinforce your basic product benefits.



Updated 4/7 to remove additional PII from email.