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| [December 17, 2012] |
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Retailers and Agencies Endorse Transaction-Enabled Marketing Expert Affinity Solutions' Enhancements to Its Industry-Leading Data and Analytics Platform
NEW YORK --(Business Wire)--
Affinity Solutions (Affinity; www.affinitysolutions.com),
the leader in card-linked offers and transaction-enabled marketing
programs in the U.S., today announced it has enhanced its industry-best
data and analytics platform to deliver richer, more secure, and better
targeted offers to customers of the nation's most prominent brands,
including banks, retailers, insurance carriers, and media companies,
while maintaining the highest standards of consumer privacy.
The first enhancement is the implementation of "Big Data" capabilities
applied to card-linked offers. This enables automated,
privacy-controlled matching of payment, customer relationship management
(CRM), demographic, psychographic, and behavioral data to create
significant improvements in efficiency and return on marketing
investments. Affinity's platform is now able to leverage a broad range
of data sets, including the retailer's own data, with a much greater
ability to determine that a customer is "in market" and ready to buy a
given marketer's product or service. Affinity is then able to reliably
measure and validate the effectiveness of a marketer's card-linked offer
campaign to determine incremental performance. At present, high-profile
national retailers such as Kohl's
Corporation (NYSE: KSS), 1-800-FLOWERS.com
(NASDAQ: FLWS), and AutoZone
(NYSE: AZO).
The second enhancement is the ability for Affinity to leverage its
proprietary analytics for non-bank populations. As a result, Affinity
has extended its marketable universe to tens of millions of consumers on
behalf of clients in the insurance, entertainment, education and retail
industries. These include Hearst, Sony, GEICO, Caesars Entertainment,
and University of Phoenix.
"Leveraging a range of data sets allows us to identify connections that
sheds light on a customer's readiness to buy," said Nipun Palekar, vice
president of analytics and strategy at Affinity Solutions, and an
analytics executive with over 15 years of data modeling experience at
large financial services organizations. "Our analytics capabilities are
a unique combination of art and science that helps our bank, retail, and
consumer brand partners drive their business."
Affinity's data and analytics services incorporate privacy and security
measures using anonymized data to generate offers for brands. This data
is filtered through numerous layers of high-grade data encryption to
ensure consumer privacy protection.
The improved platform, endorsed by thousands of retailers and agencies
within the company's network of clients, supports standards for
card-linked offers and transaction-enabled marketing that Affinity
recently developed with a consortium of leading retailers and marketing
agencies. By working with Affinity, and leveraging the company's more
sophisticated data and analytics capabilities, both retailers and
agencies can now glean real-time insights on consumer purchasing
behavior to make more informed marketing decisions, including best
approaches for optimizing advertising campaigns, merchandise mix, and
customer relationship management initiatives.
About Affinity Solutions
Affinity Solutions is the industry leader in card-linked offers and
transaction-enabled marketing. Affinity Solutions leverages proprietary
analytics, applied to a range of customer data in a privacy-controlled
environment, to deliver the right offer to the right consumer at the
right time and through the right channel, for its bank and retailer
partners. Affinity Solutions has partnerships with nearly 4,000 national
and regional banks, as well as over 25,000 brick-and-mortar retail
partners. Its innovative programs incorporate experiential benefits that
delight and entertain customers before, during and after they shop, to
drive deeper customer relationships for their partners. For more
information, please visit www.affinitysolutions.com,
or follow the company on Twitter (News - Alert) at @AffinitySolutns.

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