That VISA or MasterCard in your pocket may not just help you to buy those cute little sandals from Macy’s or make a quick run for office supplies at your nearest Staples store. Your credit card, along with the help of a company called Cardlytics and its marketing partners, may also earn you some extra money.
The Cardlytics system is based on tracking purchasing data and then offering you, the consumer, special discounts based on what you buy – kind of like using your loyalty card at the supermarket or convenience store. According to a recent article in AdAge, Cardlytics has signed up with a wide range of companies to offer special discounts to customers directly on their credit card statements. For example, if you purchase a Big Mac from McDonald’s, then on your next credit card statement where you see that purchase transaction listed, you’ll also see an offer for 10% cash back on your next purchase. In order to redeem the offer, you just need to activate the reward online and the next time you use the same credit card at a McDonald’s, the offer is automatically applied.
There are some critics that say that the Cardlytics program is an invasion of privacy since it tracks what you buy, from where and how often. However, if you think about it, it’s no different than the loyalty programs that retailers like Safeway, Best Buy and CVS have been using for years – just without the coupons and loyalty card you usually keep on your keychain.
In my opinion, data systems like these are the key in creating more effective and personalized marketing messages. It will not only enable marketers to reach the customers that are of value to them, but also help consumers hear about the products they want and help save some money at the same time.







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