NOR 4.26% 4.5¢ norwood systems limited

Ann: Norwood partners with Visa, page-33

  1. 929 Posts.
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    I would expect that the offer is rolling. New offer in new year etc. That said, with Visa active in this quarter it will be reflected in the next quarterly. I can't imagine the number would be that high.

    Like RAC WA, for NOR to make money the following has to happen...

    1) You need to be a Visa card holder in Aus/NZ
    2) You need to be signed up to Visa offers
    3) You need to have seen the offer
    4) You need to be travelling before christmas
    5) You need to weigh up whether the deal is worth it
    6) The app will need to be downloaded
    7) The payment then made for $25

    To me, this is why the current 'retail' business model is junk. The Corona business model would be far superior but NOR struggling to convert (at this stage)
 
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