Database

Virgin Australia's loyalty program - Velocity Frequent Flyer - has 11 million members and is Australia’s third largest loyalty program. -

Baby Bunting has 800,000 active loyalty program members. -

Baby Bunting's loyalty program's 800,000 active members produced more than 90% of its sales and bought 9 million items. It eliminated the spend and earn feature of the loyalty program in the fourth quarter to deliver 150 bps margin improvement. It's planning a Retail Media business based on its loyalty data. -

The Myer One loyalty program at MYER added 374,000 new members in the last half year. It now has 4.3 million active members. -

Department's store MYER's strengths are its 50-store footprint and 4.3 million active (shopped in the past year) Myer One loyalty program members. It had sales of Au$ 3.4 billion at an EBIT of 6%. In its acquisition bid for Premier Investments, LLC (owners of brands including Just Group) it could increase its topline 25% with Premier's 15.3% margin on its Au$ 874 million in sales (Macquarie Group analysis). -

IncentiaPay (owners of The Entertainment Book) has appointed Heidi Halson as CEO relacing Ani Chakraborty GAICD.

Westpac's Pay with Points feature in their Altitude credit card reward program is an Australian first. Customers can continue to redeem available points for gift cards, travel, and cashback. Westpac Group companies Westpac, St.George Bank, BankSA and Bank of Melbourne also offer cashback through a partnership with ShopBack. In the past 12 months, Westpac customers have received more than $19 million in ShopBack Cashbacks.

1 million New Zealanders are members of the Qantas Frequent Flyer program. From 1 July they'll have access to more reward seats with the launch of Classic Plus - a new way to use Qantas Points to book flights. Air New Zealand Airpoints last month rolled out changes to information members see in their accounts, how tier review dates work and increased their Sharepoints householding offering from 5 to 10 as part of a migration to a new loyalty platform. -

Loyalty Status Co have launched a status match program with Flying Blue (the frequent flyer program of Air France and KLM Royal Dutch Airlines. -

Australian-based Prezzee's customers buy and send digital gifts from ~1,400 retailers ranging from Coles Group in Australia to SEPHORA in the USA (where over half its revenue comes from). It's been hit by significant fraud in the USA on up to 30% of transactions (that levels 0.3% to 0.7% in Australia). The fraud's driven a statutory loss of Au$79.2 m for the 18 months to December (after an Au$38.9m loss in the previous financial year). Total card sales were $3.4bn in 2023 after selling $1.1bn in 2022. -

The Australian Loyalty Association's retail loyalty report with Power Retail found 60% of Australians are reluctant to share their data with retailers. Following multiple recent data breaches, 81% of Australians prefer email communications with SMS attracting concerns about scams. Top-ranked programs in the survey included Woolworths Supermarkets Everyday Rewards, Coles Group Flybuys, MYER One, Amazon Prime, Priceline Sister Club, MECCA Brands Beauty Loop and SEPHORA Beauty Pass. -

Loyalty platform Antavo Loyalty Cloud has joined customer engagement platform Braze's Alloys program. Antavo now supports customer and event data synchronisation between the two platforms in a one-way data synchronisation from Antavo to Braze. The Alloys program launched in 2018 now has more than 200+ technology partners. _______

Most of Australia's Big 4 banks are using Real-Time Interaction Management (RTIM), which drives several results, including higher NPS and greater loyalty. Pegasystems and SAS dominate. Westpac is the only Big 4 bank not to run Pega and wrote off $70m attempting to build an in-house sollution called In the Moment and now uses Adobe Journey Optimizer. Commonwealth Bank is the market leader for real-time interaction management (RTIM). It has 10 years of experience using Pegasystems and it's customer engagement engine makes 53 million calls a day. The bank runs thousands of experiments simultaneously. -

Card linking provider Loyalty Now has achieved ISO 27001:2022 certification (the globally recognised standard for information security management). -

Big 4 bank NAB is running a cashback program called NAB Goodies. -

The Australian Loyalty Association's 2024 Loyalty Insights Report covering 44 retail loyalty programs found that 84% of Australians are members of a retail loyalty program, with 63% satisfied with their membership. The average NPS is 9. The report is the largest and most comprehensive report of its kind produced in Australia. -

Westpac's credit card loyalty program Altitude has launched Pay With Points - an Australian first. Customers will get cashback based on how many points they use. When Westpac New Zealand launched the same service in 2020 for their equivalent of Altitude (hotpoints), the Pay With Points redemption option accounted for 40% of redemptions after 4 months (https://lnkd.in/gfqQBfeW). -

Australian fintech Hello Clever working with Tyro Payments and Tyro’s Loyalty API has launched real-time cashbacks to 70,000 Tyro merchants in-store and online. Users can receive their rewards instantly.

Members of Westpac's credit card loyalty program Altitude can now pay with those points anywhere Mastercard is accepted. The feature is enabled in the Westpac app.

Travel agents using TravelPay (a unit of Zenith Payments Pty Ltd) to accept payments have earned 65 million Qantas Points since 2019 at no cost to the agent. TravelPay is a partner of the Qantas Business Rewards program and has recently introduced points on American Express. -

Commonwealth Bank is extending its Yello loyalty program to small and medium businesses allowing them to receive special offers and discounts on business-related purchases. The bank ran a trial run and plans to roll it out across the business bank. -

Commonwealth Bank will expand its consumer loyalty program Yello to business customers. Yello provides around Au$400m of value to retail customers annually. Business customers will receive offers and discounts on business-related purchases such as travel, technology hardware, business software, telecommunications and workwear.

Qantas has completed the acquisition of TripADeal with Au$450m in revenue and 150 employees. It acquired a minority stake in 2022 and has now bought the remaining 49% for $211m. TripADeal will sit under Qantas Loyalty with about 80 per cent of the travel company’s customers Qantas frequent flyers. Since the integration in 2022, billions of points have been earned and used through TripADeal packages. -

We're about to publish this year's update to the New Zealand Loyalty Solutions Market Map. Our goal is to make it the one comprehensive reference for all loyalty solutions available to loyalty managers in New Zealand. If you're a loyalty solution targeting New Zealand, make sure you're included. The landscape has changed: 🔹Coalitions: AA Smartfuel closed in January and Flybuys will close at the end of the year 🔹Retail: Eagle Eye has launched Woolworths Supermarkets Everyday Rewards 🔹Hospitality: TASK has been acquired 🔹Full Stack: Cheetah Digital is now Marigold 🔹Rewards: Plaza (Web3) and Upstreet (shares as rewards) have both closed Email simon.rowles@ellipsisandco.com to be included

Technically, Medibank could face a fine of $21.5 trillion as a result of legal action taken by Australia’s privacy watchdog the Office of the Australian Information Commissioner (OAIC) for the theft of personal details of 9.7 million Australians in a 2022 cyberattack. If it loses (and it's defending the action) it'll pay a fraction of that. Medibank is already the subject of four class actions relating to the cyberattack. -

UK based loyalty fintech Bink has closed. The startup linked consumers' payment cards with the loyalty schemes of participating retailers. It was backed by Barclays in 2019 with $10 million and access to it's 6 million customers) and Lloyds Banking Group in 2022. -

The Woolworths Supermarkets Everyday Rewards program is synchronising across New Zealand and Australia. Australian members can earn points and access member pricing in New Zealand using their Australian membership card. -

Bakers Delight's Dough Getters loyalty program launched in July 2021 and now has 1 million members producing 30% of sales. It has 520 stores in Australia, 180 in Canada, 20 in New Zealand and 3 in the USA. -

SkyCity Entertainment Group is appealing a tax decision (which could cost it NZ$33 million) about the treatment of its loyalty points. SkyCity believes reward points should not be counted as part of the revenue on which it is taxed. The state government disagreed as reward points can be used to gamble. The High Court had granted it special leave to appeal the matter. -

Eagle Eye is the loyalty platform powering endeavourX's new pub+ loyalty program. -

CarltonOne has a new investment from Goldman Sachs Asset Management replacing the stake held by H.I.G. Growth Partners. Carlton One is headquartered in Canada and operates in 185 countries serving 14 million customers. Since 2017, Carlton One has grown its revenues 4x and EBITDA 6x. -

New Zealand based SkyCity Entertainment Group operates casinos across New Zealand and Australia. They've warned they expect to pay more duties after South Australia's Supreme Court found it had incorrectly understood it's tax obligations because of the way its loyalty program operated. It's suspended dividends and earnings will be worse than forecast. -

Air New Zealand's frequent flyer program Airpoints has to date pegged 1 Airpoint Dollar to 1 Australian dollar for Australian members. In it's home market of New Zealand 1 Airpoint Dollar is worth 1 New Zealand Dollar. Air New Zealand's making a change and 1 Airpoint Dollar for Australian members will now be worth 1 New Zealand dollar. -

Air New Zealand is making changes to the Airpoints loyalty program. It's launching an improved Airpoints digital experience and the rollout will be accompanied by some downtime. Annual tier reviews will also change with tier review date and membership year dates (currently separate) combining. - 🔹Loyalty Central is a unit of Ellipsis & Company : the loyalty experts.

Woolworths Supermarkets new Everyday Rewards loyalty program will add group companies Petstock (16 stores) and MILKRUN as points-earning partners. There is an opening joining offer at Petstock worth $15 of Everyday Rewards points. Petstock's online-only competitor, Petdirect.co.nz offers Air New Zealand Airpoints. New Zealand Everyday Rewards members can now also earn Everyday Rewards points when they shop at Woolworths Australia stores.

Symbion Pty Ltd, a national wholesaler of healthcare services and products serving 3,850 retail pharmacy and 1,800 hospital customers across Australia, launched Symbion Rewards in January last year with EonX. Since then members have used their rewards to: - pay a $1.3 million worth of bills (including school fees, rent, utilities and ATO bills) - redeemed $388,000 worth of gift cards (Woolworths Supermarkets $65k, Flight Centre Travel Group $55k, Coles Group $29k, Webjet.com.au $21k, JB Hi-Fi $18k) and products - transferred to Qantas Points and Singapore Airlines KrisFlyer miles

IAG (key brands include The NRMA, RACV, SGIO, SGIC) is the subject of a class action from Slater and Gordon Lawyers for failing to pass through loyalty discounts to customers in Victoria, Western Australia, and South Australia between 2018 and 2024. IAG has remediated customers $60m for the discounting failures. IAG has already been fined Au$40m for pricing failures at NRMA in June last year, and ASIC is suing IAG's brands SGIO, SGIC and RACV, alleging similar discount failures. -

Founded 18 years ago, Guzman y Gomez Mexican Kitchen is looking to a Au$2.2 billion float. It's loyalty program is a key plank of the plan to increase it's Australian store count five times in the next 20 years. -

Commonwealth Bank announced a competitive digital-only home loan rate on 3 June. According to RateCity.com.au, CBA's moved from $2,000 sign-up cashback "that ultimately created customer churn, to a self-serve model which includes a lower advertised rate and an ongoing cashback perk". The loan's $10 a month fee can be refunded through CBA’s rewards program Yello. The offer is "a sign of CBA’s attempt to corner the “digital arms race,” in a show of force against rivals like ANZ, Bendigo and Macquarie". -

MYER's new head, Olivia Wirth, transformed Qantas's Frequent Flyer into one of its most profitable businesses that sometimes earned more than the Qantas and Jetstar Airways brands. Most of Myer's revenue comes from its Myer One loyalty program and its 4.3 million active members. Myer One has partnerships with the loyalty programs of Virgin Australia (Velocity Frequent Flyer), American Express and Commonwealth Bank.

KPMG is running a sales process for 19-store Australian fashion brand Assembly Label. It has revenues of Au$47 million. KPMG's proposing a new owner could develop a loyalty program to grow the business. -

Kobie Marketing has been named the only Leader in The Forrester Wave for Loyalty Services in their Q2 2024 Report. It also ranks as a Leader in the other Forrester Wave - Loyalty Technology Solutions (from Q1 2023). Complimentary access from Kobie below. -

Flybuys flypay online payment service will be offline for 6 weeks from Friday 7 June. Flypay allows Flybuys members to check out faster and collect Flybuys. -

IAG has been hit with a class action by Slater and Gordon Lawyers claiming they secretly charged loyal customers higher prices via a pricing algorithm. Some customers were hit with a loyalty uplift in price that exceeded their loyalty discount. IAG is also the subject of an ongoing ASIC case alleging the same algorithm charged some customers likely to accept a higher premium a higher price at renewal.

Flybuys data division Unpacked by Flybuys will become part of supermarket Coles Group's retail media business Coles 360 from 1 July. _____________________________

There's 1.7 million active members in the New World NZ's Clubcard loyalty program.

Loyalty NZ and the coalition loyalty program it operates, Flybuys, are both closing. Shareholder IAG (one of four Flybuys shareholders along with Z Energy NZ, Bank of New Zealand and Foodstuffs) has agreed to acquire some of the assets and make offers to about one-third of the staff. IAG's planning to use the technology and newly recruited team to enhance its "business transformation activities".

IAG will acquire some of the Flybuys loyalty coalition's assets and will take on some of its people (at the end of this year once it's closed). IAG plans to use the people and technology "to significantly enhance its ongoing business transformation activities. This acquisition will further support IAG New Zealand’s promise to deliver an exceptional experience to its customers and business partners".

RACV (interviewed on Let's Talk Loyalty and Loyalty TV by Paula Thomas) have 2 million members. Their program delivers fuel discounts (which can be used in conjunction with those from Woolworths Supermarkets) as well as movie discounts. _____________________________ Loyalty Central is a unit of Ellipsis & Company - the loyalty experts.

New Zealand's Flybuys coalition program from Loyalty NZ is closing. Members can continue to earn until the end of October and redeem until the end of December.

Endeavour Group owned ALH Hotels has launched the pub+ loyalty program through endeavourX. Available in 350 ALH pubs around Australia, members receive deals, benefits and rewards around the pub. Starting in New South Wales it will eventually be integrated with digital touchpoints around the pub to create a seamless experience for engagement and payments.

The revamped Ogilvy One belives the traditional points and discounts approach to loyalty programs is too clinical and undifferentiated and will focus more on community and values alignment with the right customer insights.

The Warehouse Group reports loyalty program membership of 1.9 million across both the relatively new MarketClub and the long-running myNoelLeeming. Previous reports counted 1 million members in MarketClub.

Promotions through The Warehouse Group's loyalty program MarketClub are "hurting margins".

Kogan.com describes its loyalty program Kogan First as “the north star of the business” to grow profits. Membership was 100,000 in 2020 and grew rapidly from 2021 when it automatically opted customers into a Kogan First trial at checkout. There are now 472,000 members and it's also lifted the annual fee from $99 to $129. These members account for 60% of sales and are a quarter of Kogan's active shoppers (shopped in the past 12 months). Blackwattle Investment Partners see the automatic opt-in as a dark pattern liable to be banned under future consumer protection laws currently being considered.

Customer loyalty expertise is increasingly in demand in modern retailing. MYER is a "a $3.5 billion sales organisation and it has a very good loyalty program" but doesn’t make enough money. Premier Investments, LLC (owner of Just Group and others) is more profitable on 50% of Myer's revenue.

Members of Wesfarmers OnePass loyalty program (a paid membership) are more valuable than non-members and cross-shop Wesfarmers brands including Officeworks and Target Australia.

The ACCC wants strengthened protections against data firms selling customer information to businesses. Third-party data firms in the ACCC’s scope include CoreLogic Australia, Experian, Equifax, illion and Woolworths Group's Quantium (which has a joint venture with Commonwealth Bank for a de-identified banking transactions).

Transurban now has 1 million members in it's rewards program driving 200,000 transactions monthly. Membership is up from 250,000 at the start of the financial year. It will triple its investment in customer initiatives and adding more rewards which currently include a 4¢ per litre discount for fuel bought at some Shell Coles Express stations.

Macquarie Group analysts think restrictions on loyalty program member pricing may be part of the ACCC's year-long inquiry into the supermarket sector.

Amperity has introduced its Lakehouse CDP. Brands can share live data sets between a CDP (Customer data PLatform) and a lakehouse without the need for maintaining ETLs or copying data to save time and lowering costs. It addresses data quality and governance and allows brands to plug into a data lakehouse and utilise any combination of its offerings to optimise customer data operations.

Cashrewards is now 10 years old and in that time has delivered $165m in cashback to members and $5bn in sales for its retail partners. ANZ bought Cashrewards 2 years ago.

Mortgage broker AFG has partnered with Grow My Money for cashback rewards to help pay down mortgages faster. Users earn cashback from everyday spend in-store (through card linking) and online at Australian retailers which can be paid a customer’s nominated AFG Home Loan redraw or offset facility.

Annex Cloud is now a SAP endorsed app available for online purchase on the SAP Store. SAP Endorsed Apps are premium certified by SAP with added security, in-depth testing and measurements against benchmarks results.

Singapore Airlines KrisFlyer Frequent Flyer program now has 8.8 million members and brought in S$1.2bn in the last year (Au$1.3bn, US$0.9bn).

Google Pay is adding the ability to see what shopping rewards and savings options customers have access to from their credit cards at check out. Starting in the USA and with cards from American Express and Capital One it'll expand to more cards. A drop-down menu appears showing card options along with a new description of their benefits such as cash back percentage and points multipliers. Currently only available using Chrome on the desktop.

Qantas loyalty is recruiting a Head of Financial Services Partnerships overseeing a portfolio of co-brand partners across major banking partners in Australia and internationally as well as emerging specialist and FinTech partners.

Loyalty Juggernaut has been awarded a third USA patent for an AI technology that enables brands to deliver individualized offers to loyalty program members at scale.

Nissan Motor Corporation's Australia and New Zealand's operation was breached late last year and details on 100,000 customers taken (including medicare cards, drivers licences, passports and tax file numbers). Nissan set up a call centre to handle customer inquiries about the breach. That has now also been breached. “That dataset includes names, contact details, dates of birth and a summary description of the information in the Nissan cyber incident notification letters".

Diana Sinclair of Dan Murphy's interviewed by Carly Neubauer on Let's Talk Loyalty and Loyalty TV. The My Dan's program 5.2 million active members of base of 8 million with a scan rate of 80%

Quadrant Knowledge Solutions annual SPARK matrix for customer loyalty solutions is out (complimentary access below from Capillary Technologies). Leaders: 🔹Salesforce 🔹Epsilon 🔹Capillary Technologies (new to the category - bought Brierly who were Stong Contenders last year) 🔹SessionM 🔹Comarch 🔹Annex Cloud (new to the category) 🔹Antavo Loyalty Cloud (new to the category) 🔹Zinrelo 🔹Yotpo (moves up from Strong Contenders category) Strong Contenders: 🔹Bond Brand Loyalty (drops out of Leaders category) 🔹Kobie Marketing 🔹Merkle 🔹Tenerity (drops out of Leaders category) 🔹Punchh (drops out of Leaders category) 🔹Clutch(drops out of Leaders category) 🔹ebbo 🔹Marigold

30 May is the deadline for the country's four major banks ANZ, ASB Bank, Bank of New Zealand and Westpac New Zealand to be ready for open banking.

The new Privacy Amendment Bill has had it's first reading in Parliament with final submissions due by June 14th. Proposed changes will mean organisations who collect personal information from other sources than the individual will need to update their privacy policies and ensure any automated systems are amended to include notifying individuals that their data has been collected. Organisations will need to plan exactly how this information can be made available to individuals, particularly in situations where you do not have a direct relationship with the individual.

Farro's Friends of Farro loyalty program will halt redemptions from today May 27 as they change their POS system. Points can still be earned. Friends of Farro is migrating to the new system.

Westpac New Zealand's credit card loyalty program currency hotpoints can now be used as a payment method in the main Westpac banking app. Customers can pay with their loyalty points anywhere in the world by selecting hotpoints as the payment source for their next transaction in the bank app.

Little Birdie has announced it is pausing operations for the foreseeable future, and will be working on an AI shopping tool. The company had 10 million visits, uncovered over $45 million in savings, and helped over 3 million shoppers find the right retailer https://lnkd.in/gGSBevdg

Woolworths Group report Everyday Rewards members are making the most of the new loyalty programme, with over 1 million vouchers redeemed on groceries and fuel since its February launch - the equivalent of around $15 million in rewards for members. https://lnkd.in/gz9VsjcT

Kris+ from Singapore Airlines has launched in Australia Let's Talk Loyalty and Loyalty TV, Udhara de Silva https://lnkd.in/g2dM--aE

Virgin Australia has followed Qantas’ lead and raised lounge membership fees, as well as “reintroducing” a $99 “joining fee”. For those who do not hold a current membership, a $99 joining fee will be added from July 1. https://lnkd.in/gYJbwME3

Accor and Woolworths Group today announced a new partnership, enabling members of Accor’s lifestyle loyalty programme, ALL - Accor Live Limitless, to transfer their points to the Everyday Rewards program. https://lnkd.in/gA7YxAtF

Ampol Foodary has introduced a new loyalty program that rewards customers for enjoying Foodary coffee. https://lnkd.in/eifPqp8Z

Mi3Australia report Pizza Hut Australia has been slapped with a $2.5m fine for breaching spam laws. Australian Communications and Media Authority (ACMA) investigation revealed that Pizza Hut sent 5,941,109 texts and emails to customers who had not consented or had withdrawn their consent to receive marketing. Additionally, the company sent 4,364,971 marketing messages without an option to unsubscribe. https://lnkd.in/dPPQe7NX

A scam text claiming to be from Coles Group, about Coles rewards is targeting Australians. https://lnkd.in/e7BthCBh

Rex Airlines has confirmed that status match is expected to take off towards the end of 2024 and will tempt Silver, Gold and Platinum card holders in the Qantas and Velocity Frequent Flyer programs with a fast-track to the equivalent Rex Flyer tier. https://lnkd.in/euktQppw

Collinson has announced a new global JV with WithU. Creating an industry-first end-to-end digital travel wellness proposition, set to launch later in 2024.  https://lnkd.in/edA5gz9M

Octopus Energy, the UK’s second largest energy supplier, today launches a new rewards program - Octoplus. https://lnkd.in/eittkws5

Accor introduces HERA – a new loyalty program for travel advisors. The program replaces the Group’s former Famous Agents program, with all previous travel advisor data, history, and Reward Points seamlessly migrated to the new platform. https://lnkd.in/gXdyUM_d

A month after the launch of Qantas’ new Classic Plus reward seats, over 6.5 billion points have been used in four weeks to book international flights, 35 per cent more than the monthly average. https://lnkd.in/eSumChws

Rokt, an e-commerce technology company that taps machine learning and AI to make transactions more relevant to each shopper, has appointed Marc Allsop as Head of EMEA and Mick OBrien as Head of Australia and New Zealand (ANZ). https://lnkd.in/ggKZkCFG

The NRMA and PokitPal partner for card-linked rewards via My NRMA app. Over 3 million NRMA members can now earn rewards automatically when they use their linked payment cards at participating merchants across Australia. https://lnkd.in/gNZ6uBNX

Woolworths has apologised to thousands of customers after mistakenly telling about 79,000 people they had won a competition. The email for the Big Night In prize was meant to be sent to about 1000 winning customers. https://lnkd.in/gHVRwwa4

Air Vanuatu has grounded and cancelled flights last minute. Vanuatu’s Daily Post confirmed the airline’s board of directors has been dissolved and the airline has begun the process of voluntary administration. https://lnkd.in/etHuKTwK

Marriott International believe their loyalty program, Marriott Bonvoy is a big driver of business to new hotels. Marriott Bonvoy has more than 4 million members in Australia, about 24 million in the Asia Pacific region and more than 200 million members worldwide. https://lnkd.in/g4TUjFxy

Hyatt Hotels Corporation has announced it will team up with exercise-equipment and fitness firm Peloton. Through the World of Hyatt loyalty program members will earn World of Hyatt points when they use Peloton equipment, rewarding members for "doing more of what they love". https://lnkd.in/gHN6RPXa

McDonald's state their My Macca’s loyalty program is now recognised as one of the top five loyalty programs in Australia, with 1 in 8 Aussies using the app in the past 90 days. Over the past 12 months, customers have redeemed more than 58 billion points and more than 14 million products, including 7 million McCafé beverages, 1 million large fries and 730,000 Big Macs https://lnkd.in/g7xt9J2b

Karta Gift Cards has announced a three-year agreement has been signed with Mastercard to provide and fulfil digital tokenised Gift Cards in Australia https://lnkd.in/gnjbUkMj

Qantas customers on cancelled flights will receive up to $450 in compensation after the airline admitted it misled travellers, and agreed to pay $120 million to settle a claim brought against it by the regulator. https://lnkd.in/gVsdU7pt

Mi3Australia report The Australian Federal Government is accelerating privacy legislation reform, originally slated for year's end, to August. OAIC's Australian Community Attitudes to Privacy survey found that 89% of Australians want stronger legislation to protect their personal information. https://lnkd.in/ehVTGHf7

Kogan.com says the Kogan FIRST membership for loyal customers, who pay a recently increased $129 annual membership fee, is the key to battling online shopping platforms such as Amazon, Temu and Wish. Kogan FIRST had 472,000 subscribers, according to the latest update. Kogan also launched its own marketplace in 2019 to compete with Amazon, eBay and Catch. “The number of unique products has gone from 50,000 to 50 million,” Kogan says. https://lnkd.in/ghpe53mQ

Foodstuffs teams up with ASB Bank, offering True Rewards redemption at grocery stores nationwide including PAK’nSAVE, New World and Four Square stores nationwide. https://lnkd.in/gSSEQgAB