We have road tested the Visa prepaid products we are selling to check out ease of use and operating costs. We bought a couple for use within our business. From a consumer perspective, the Canvas Visa Prepaid card with BOPO, it is cheaper to use for purchases and cheaper to load than the now defunct BOPO card. From a retailers perspective, the margins on selling and recharge are better than BOPO.
This is another example of newsagents needing to understand the margin of products sold and promoting those which offer better margin.
I don’t know about anywhere else but customers here still blame newsagents for the failure of BOPO and will not touch another debit card offered by us. No matter how we explain the collapse of BE and dialtime they still think it was a dodgy newsagent scheme.
At the time the ANF should have taken out ads explaining our situation to the public so it looked as if we had a united front. More hassle then anything else it seems.
Well , we have had our Canvas Setup on the Counter .. doin good for us . in abt 4 days we have sold 3 cards and had 5 top ups .. we our surronded my Tafe , Schools and Uni .. Kids love it .. We also have Inter cafe on premises therefore ppl bit on ebay and the likes , come and load money on the debit card . easy for them .
You will find this is cheaper than bopo because the ANF is not taking a commission. It always surprised me that the ANF did not disclose the cut it took. They said it was because of confidentiality even though the contract did not require this. We were not allowed to say because they knew that newsagents would be furious that so much money was being taken from them.
Associations are only expensive to run because the executive staff con directors into paying too much. Look at vana, the ceo is paid $130,000 plus a car and the rest of the staff split $340,000 between them. vana could run for half of this cost if the board members did due diligence on how the organisation was run. Look at the anf, the new ceo is going to be paid $185,000 plus a car and other benefits. Newsagents do not need this spending they need someone who could cost less and achieve more. But members of the board don;t understand this.
The new board in Victoria will not achieve anything because the Victorians will peddle their pathetic we are better line which their chairman has peddled for years. One good property deal and they think they are better. If they are so good why have they lost more than 200 members under him? Everything they do is about politics. But the anf is no better. Hatred drives too many decisions. This is not hearsay, I know it is true. Hatred has killed many good initiatives put to the board by staff. Hatred is what was behind the victorian election and what will drive the vana board meeting rout next week. Hatred is what consumed queensland for years until they had the guts to sack Ken Murphy and what makes nsw the most secretive state.
If you really want to make progress, talk to the staff under the ceo in each association. They have their ear to the ground and are paid closer to a fair price. They could sort this ll out in no time
Not sure about the rest of you, but my staff and I are selling the just4 gift cards like wild fire! We have a competition going to see who can up sell the most just4 gift cards leading up to christmas. I’m going to give the winning staff member their very own just4 gift card as a special chrissy gift from the store. For all those other store owners out there, this is a really great way to motivate your staff to sell the just4 gift card or any of the other visa prepaid cards. It works a treat! I’m making great profits from it.