Posts in the Category: Business performance


Mobile wallets vs corporate gift cards

posted on June 6th 2017 in Business performance & Productivity with 0 Comments

corporate gift cards

It’s been roughly 26 years since the idea of gift cards materialised. Today, they are pretty much everywhere and have even made their way into corporate businesses, aptly labelled as “corporate gift cards”. As far as we can tell, the very first gift card appeared in the US. Neiman Marcus, a department store company, wanted to explore a simple idea: give customers the option to pay upfront for a card that could be gifted to someone who’d buy clothing, shoes, handbags or accessories at a later date. It didn’t quite stick for them back then and became a novelty item – something to be kept out of sight unless explicitly asked for by a customer.

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Four differences between open- and closed-loop payment systems

posted on May 31st 2017 in Business performance with 2709 Comments

closed loop payment system

Open- or closed-loop payment systems? These terms are starting to turn the heads of savvy business owners across South Africa. As technology continues to drive consumer adoption of new and more convenient methods to interact with companies and pay for products and services, business owners who want to stay competitive are looking for smarter ways to attract more consumers and increase wallet spend.

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Understanding open-loop payment systems

posted on May 23rd 2017 in Business performance with 2682 Comments

Open loop payment system

There’s very little that you can’t do with a credit or debit card. On one Saturday you could shop up a storm in your local shopping mall, pay for parking, fill up your fuel tank, and grab dinner at your favourite Italian restaurant – all before picking up tickets to catch the latest blockbuster on the silver screen. Swiping your card is just a part of what happens in everyday life.

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Business Vision: How to supercharge yours for a more profitable business

Business vision

Is it possible that your business vision can influence your business’ profitability?

In February of 1996, the Journal of Applied Psychology published the Longitudinal Study of the Relationship between Vision and Vision Communication to Venture Growth in Entrepreneurial Firms. The study was conducted by J. Robert Baum and Edwin A. Locke. Baum and Locke are both professors at the University of Maryland’s Robert H. Smith School of Business. Together they designed the study to explore if there is any relationship between having a clear business vision, communicating it with your staff, and the impact of both on the profitability of business.

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10 Inspiring business quotes every manager can apply on the job

posted on March 22nd 2017 in Business performance & How to be a better manager with 1885 Comments

Business quotes

It can be really lonely at the top. It’s often a place that very few can relate to. There’s always a challenge around the corner, and while there are moments to celebrate, the tough ones tend to leave the worst kinds of scars. But every business leader needs to be and stay motivated. So whether you’re facing a marketing challenge, a team morale issue, or just feel stagnant, we’ve gathered 10 inspiring business quotes for you to make your own.

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How to improve customer service levels using culture, education and processes

Featured image March 14

Good customer service is the lifeblood of any organisation. Yes, sales solve a lot of problems, but if you don’t treat your customers well after the sale is done, you’re likely to not have them for much longer. It’s fitting then that we explore how to improve customer service levels within your business.

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