What are the key levers that issuers and their retail partners can pull to reinvigorate existing partnership card programs? Historically, private label and co-branded credit cards were a win-win proposition. Partnerships provided attractive margins for issuers, drove purchase volumes and increased loyalty for retailers. With an estimated retail spend of more than $350B,1 partnership programs comprise approximately 10 percent of the overall credit card market. While the overall market continues to grow at about 6 percent year-over-year, our analysis shows that many partnership card portfolios are stagnant.2 General-purpose card purchase volume (i.e., issuer-branded cards) has grown at an average of 6.7 percent from 2000 to 2016 ($1.1T to $3.1T). Private label credit cards, a key part of the broader partnership market, have seen average purchase growth of only 3.4 percent ($120B to $206B) over the same time frame.3 The main reasons for lagging performance of partnership programs are generally: Customers shifting purchase habits away from "traditional" retail toward mobile and online marketplaces A saturated market where most retail chains have loyalty programs-and where individual programs do not stand out Aging issuer infrastructure that can lead to negative customer experiences As retail has moved toward omnichannel, partnership programs need a refresh with an emphasis on creating a seamless, cross-channel payment experience using real-time underwriting, issuance, notifications, and support. Issuers should consider how to move beyond plastic and how their customers think about the moment of payment in the broader context of their shopping journeys. The ability to improve profit in the retail partnership space lies in addressing four key levers: Reinforcing the retail ecosystem and omnichannel experience with a contextual value proposition Owning the physical and digital points of sale (POS) seamlessly Upgrading the channel strategy to include sophisticated performance marketing and influencers Developing best-in-class risk management that can be leveraged across multiple portfolios
1. What is the best and worst of John Cena?
1. John Cena vs Shawn Michaels from Raw- This match surprisingly was better than their encounter at Wrestlemania 23. This match was PPV quality no matter how you feel about John Cena. He was against Shawn Michaels, but he put up an impressive display of performance. John Cena proved in this match that he's a decent wrestler and capable of having good matches. He put in a ton of offense and this was a real back and forth match that ended with an unpredictable Sweet Chin Music. 2. Any match he had with Great Khali- While Great Khali's best matches in the WWE have been against John Cena, they were one of Cena's worst matches. The problem with several of their matches was that it was prolonged. They made this match longer than necessary and that made this match worse. We just saw Great Khali dominate John Cena for the entire match until John Cena won with a desperate maneuver. 3. His passion. The passion from this man is simply amazing. He does so much for the wrestling business. He knows that a ton of people hate him, but that does not discourage him at all from living his dream. He even laughed with the Cena haters at Wrestlemania. That's something I respect. His life is practically dedicated to the WWE. Everything John Cena does is WWE. He does charity for the WWE, is the public image for the WWE, his music is from WWE, his movies are from WWE studios, etc. He gets the fans into him unlike any other star. Everyone talks about him whether they love him or hate him. Either way, NOBODY can deny that this man has real passion for this business. 4. His loyalty to the WWE. That's not a bad thing, but he always seems to do what Vince McMahon tells him to do. I do not know what goes on backstage, but John Cena does not seem to get creative freedom. He just follows whatever the bookers give him. John Cena's character is not his fault. The WWE writers and bookers tell him what to do and he obediently follows that. I wish he did not always follow what Vince tells him to do and have more creative freedom. He would then be able to add more to his character instead of remaining with what many people call a stale character. BQ: It's cool to warm here. Not very hot.
2. A coworker gave our boss a very big gift. What do I do?
In the long run organizations generally value contribution more than anything else. When it comes time for reviews, assigning big projects, promotions, etc., only poor managers make decisions on anything other than merit. So my advice is, "take the high road". Do not worry about it and let it go. Keep your focus and turn out the best quality work that you can.Most likely what will happen is that the organization will recognize your contribution and value it based on what you've done (and will similarly value your co-worker based on his or her contribution).If the co-worker receives any benefit from their giving that phone away, then it's because you have a small-minded and immature manager. In the long run, those people will make other mistakes. They get found out. But if you focus not on politics but on performance, you will be rewarded for them in time -- if not with this boss at this company, then somewhere else
3. The Best Unpowered Mixers For Acts on the Move
Products featured are independently selected by our editorial team and we may earn a commission from purchases made from our links; the retailer may also receive certain auditable data for accounting purposes. When it comes to proper sound engineering, having a reliable mixer is crucial for both live and studio performances. As the point of convergence for all things sound - think: microphones, instruments, digital audio - the mixer is where each audio component output is processed and then delivered to the speakers. Think of the mixer as the central point of editing. The mixer controller has the ability to adjust volume, EQ, balance, and even add effects. This allows the audience to enjoy a properly constructed audio experience, rather than every instrument at the same volume at the same time. There are two general types of mixers; powered and unpowered. A powered mixer is one which contains amplifiers. An unpowered mixer must use an additional component: amplifiers. Each mixer has a general use case, which depends on the size and performance you are looking for. The best powered mixers are easy to travel with, simple to set up, convenient, and good for those playing smaller crowds. A downside to powered mixers are their maximum power output; controllers are limited by the total power of the unit. An unpowered mixer, on the other hand, allows for greater power control, since it works in tandem with an amplifier network. Unpowered mixers are typically used for larger audience venues, like theaters and stadiums. Some professionals look at unpowered mixers as the higher end of the sound mixing spectrum; think automatic versus standard transmission. For our list we put together three unpowered mixers that are easy to transport, easy to use and packed with professional-quality features for clear, concise audio. Mackie's attention to detail is an admirable hallmark. The ProFX12V2 is packed full of features that will enhance live sound mixing to any engineer's delight. With proprietary Mackie Vita preamp technology - which is designed specifically for live sound - and the plethora of built-in ReadyFX effects, the ProFX12V2 boosts a live performance to professional levels easily and dynamically. What we like: clear sound, a ton of inputs, and a built-in USB interface for easy playback and recording. PROS: At just over 14 x 14 inches and weighing just nine pounds, it's super portable. CONS: This is the top end of the entry level mixer models, and will take a bit of time to learn. Yamaha, the perennial over-achiever, delivers excellence in both sound quality and reliability with this unpowered mixer. The MG10XU houses 10 channels, studio-quality preamps, and continues to deliver on Yamaha's desire to distribute the "purest possible sound." Yamaha has crafted a simple and straightforward unit brimming with sonic superiority. Confidently mix live with purity and power. Great for taking this on-the-go, the mixer is made from a rugged, impact-resistant material that holds up to long-term use. CONS: Some have mentioned issues when syncing with a PC. Mackie's long line of PROFX mixers are built to suit most live performance scenarios. Much like the PROFX12V2, the PROFX4V2 contains the same effects package and construction. The difference: this is a 4-channel model versus a larger and more versatile 12-channel mixer. Still, this mixer has a ton of features that rival its larger counterparts. You get a ton of built-in effects for easy mixing, plus find inputs for your laptop and instrument, along with a headphone output for monitoring. What we like: Mackie's "built like a tank" mentality means this mixer is great for mobile events. PROS: Small component with durable construction and high function. At roughly 12 x 12 inches and weighing less than five pounds, this is the most portable mixer on our list.