Woolworths backflips - QF points are coming back

[eastwest101]

I agree too. QF came out first on this.




Agree - but if only that was true for Qantas in its relationship with passengers and FF members! Unfortunately for Qantas this would be the first and just about only case I can think of where they would have been 'transparent', which makes me think they didn't do so for our benefit.

I think it was all about keeping Qantas shareholders informed of what was going on with the Frequent Flyer business unit, they couldn't tell their shareholders all the commercial details of their discussions with Woolworths obviously but I read the previously commented release from Qantas as basically "we are still in discussions with Woolworths about the future of QFF points earn in Woolworths supermarkets, watch this space" which was probably true and about all that they could disclose at the time. But my recollection could be wrong - I had "tuned out" of the QFF and Woolworths ecosystem already by that point after eliminating Dick Smith and the "enhancements" resulting from Woolworth Everyday reward credit cards going from HSBC to Macquarie.


The joint press release on the 15th Dec 2015 where they announced in the $10 WOW dollars = 870 QFF points I think would have satisfied the market disclosure obligations that apply to the publically ASX listed Qantas and Woolworths. So in a way I agree with you MEL_Traveler - the situation before the first announcement of Woolworthless $$ or before the $10WOW=870 QFF points wasn't really primarily concerned about keeping Woolworths customers or QFF members informed but possibly more share market information which could then be 'spun' by their respective PR teams.

Having good PR teams says nothing about the underlying business, except how willing management are to spend money on PR. I expect that HIH, Onetel, Enron, Bear Sterns, Northern Rock, Lehman Bros and RBS all had excellent PR departments in their day.

 

[Himeno]

When the first leak happened that WOW was ditching QF, QF seemed surprised because as far as they were concerned, they were still negotiating with WOW about the contract renewal.

 

[Cool Cat Phil]

When the first leak happened that WOW was ditching QF, QF seemed surprised because as far as they were concerned, they were still negotiating with WOW about the contract renewal.

I heard about Woolies desire for pulling the pin on Qantas 18 months ago from reliable sources in the FMCG sector. Woolies thought they could have done it better without paying for the points.

 

[drron]

I think it was all about keeping Qantas shareholders informed of what was going on with the Frequent Flyer business unit, they couldn't tell their shareholders all the commercial details of their discussions with Woolworths obviously but I read the previously commented release from Qantas as basically "we are still in discussions with Woolworths about the future of QFF points earn in Woolworths supermarkets, watch this space" which was probably true and about all that they could disclose at the time. But my recollection could be wrong - I had "tuned out" of the QFF and Woolworths ecosystem already by that point after eliminating Dick Smith and the "enhancements" resulting from Woolworth Everyday reward credit cards going from HSBC to Macquarie.


The joint press release on the 15th Dec 2015 where they announced in the $10 WOW dollars = 870 QFF points I think would have satisfied the market disclosure obligations that apply to the publically ASX listed Qantas and Woolworths. So in a way I agree with you MEL_Traveler - the situation before the first announcement of Woolworthless $$ or before the $10WOW=870 QFF points wasn't really primarily concerned about keeping Woolworths customers or QFF members informed but possibly more share market information which could then be 'spun' by their respective PR teams.

Having good PR teams says nothing about the underlying business, except how willing management are to spend money on PR. I expect that HIH, Onetel, Enron, Bear Sterns, Northern Rock, Lehman Bros and RBS all had excellent PR departments in their day.

A mixture of failures there.But Bear Stearns and Lehmans were bought down by derivatives based on real estate and when that collapsed down they went.Their problem was that Goldmans and J P Morgan had better PR and connections.

 

[prozac]

A mixture of failures there.But Bear Stearns and Lehmans were bought down by derivatives based on real estate and when that collapsed down they went.Their problem was that Goldmans and J P Morgan had better PR and connections.

Cannot compare to Australia as mortgage loan products and the associated derivatives in US completely different to those in Australia.

 

[medhead]

As previously mentioned, this is what happens when you earn WW dollars.

View attachment 61574

Yet I've had no problems at all spend my WWR$. So far that is not what happens.

Yes the pesos translate "directly" to A$, but you forgot the important part that how much $AUD you need to earn $1 WW peso.. And as you well know it isn't 1:1.

I've already posted my best earn of about 25% - A$4:WWR$1. I assume you're referring to the previous 1:1 points earning. That's a bit misleading. If we use the common value of A$0.01 per point, that translates to spending A$130 to earn $1 of points, minimum. (don't forget to minus the A$30 threshold). In any case, up until 1 Jan we have had about WWR$120 of discounts, that were easily and easier redeemed, and have also earned 1:1 points. Then again we're spending at least A$300 per week at a supermarket so it is pretty easy to get the value.

I think it was all about keeping Qantas shareholders informed of what was going on with the Frequent Flyer business unit, they couldn't tell their shareholders all the commercial details of their discussions with Woolworths obviously but I read the previously commented release from Qantas as basically "we are still in discussions with Woolworths about the future of QFF points earn in Woolworths supermarkets, watch this space" which was probably true and about all that they could disclose at the time. But my recollection could be wrong -

I'm not a Qantas shareholder, yet I was getting emails about on going talks.

 

[Flying Fox]

Still waiting on details as to how to turn on the new QFF points earning facility.

 

[Ansett]

Still waiting on details as to how to turn on the new QFF points earning facility.

They are still working on it and expect to have it finalized announced and running in the next few months.

 

[nlagalle]

I've already posted my best earn of about 25% - A$4:WWR$1. I assume you're referring to the previous 1:1 points earning. That's a bit misleading. If we use the common value of A$0.01 per point, that translates to spending A$130 to earn $1 of points, minimum. (don't forget to minus the A$30 threshold). In any case, up until 1 Jan we have had about WWR$120 of discounts, that were easily and easier redeemed, and have also earned 1:1 points. Then again we're spending at least A$300 per week at a supermarket so it is pretty easy to get the value.
.

Yes but you are basing your earn mainly on bonus offers. Take those out and what have you earned just by shopping? (Ie the orange tags which was the core of the new program). I'm guessing your earn rate won't be $4:1

 

[ozflier]

They are still working on it and expect to have it finalized announced and running in the next few months.

I assume they are prepared to wear the leakage of customers who do not want to wait or don't find the forthcoming ability to earn QFF points again worth the trouble .

 

[AustraliaPoochie]

I wonder if it will ever go back to the way it was before Dec 15?
Or probably enhancement means no, not on yer nelly.

 

[exceladdict]

I wonder if it will ever go back to the way it was before Dec 15?
Or probably enhancement means no, not on yer nelly.

I would think that basic points for dollars spent (1pp$ over $30) is dead, buried and cremated.

I'd guess moving forward the targeted emails will provide a choice of QF points or WW$, along with the orange tickets sticking around and the WW$>QF$ conversion appearing at some stage.

 

[Moody]

Yes but you are basing your earn mainly on bonus offers. Take those out and what have you earned just by shopping? (Ie the orange tags which was the core of the new program). I'm guessing your earn rate won't be $4:1

Who cares how the company chooses to architect and promote the rewards scheme. So far I am ludicrously way out in front of the old scheme - I estimate discount levels are effectively 15-20% to me. Even if that halves due to unsustainability I will still be way ahead.

But keep up the myopic criticism - it is probably people like you who are flooding social media with hate mail that are continuing the bonus offers for us canny shoppers!

 

[Flying Fox]

They are still working on it and expect to have it finalized announced and running in the next few months.

Oh, I was under the impression that we could turn it on from 1 JAN 2016.

Clearly I'm wrong.

 

[Himeno]

Oh, I was under the impression that we could turn it on from 1 JAN 2016.

Clearly I'm wrong.

They are starting the QFF or W$ offers sometime in the next month. W$10>QFF points won't come until sometime around the end of the FY.

The bulk of the people at Norwest only went back to the office today, having had most of the last 2 weeks off.

 

[drross]

Who cares how the company chooses to architect and promote the rewards scheme. So far I am ludicrously way out in front of the old scheme - I estimate discount levels are effectively 15-20% to me. Even if that halves due to unsustainability I will still be way ahead.

But keep up the myopic criticism - it is probably people like you who are flooding social media with hate mail that are continuing the bonus offers for us canny shoppers!

great to see someone is benefitting from the enhancements

 

[Princess Fiona]

With all due respect ordinary Australians really aren't major users of social media.I talk to lots of ordinary people and they really cant give a damn as to whether Coles or Woolies have a better loyalty scheme or whether they prefer Aldi or even IGA because it is just up the corner.
As always people with negative opinions are always more likely to voice them as compared to those with good or neutral opinions.
If I am doing a regular shop and their are no offers I will shop Coles or sometimes IGA unless Woollies has specials on items we would usually buy.
I dislike Aldi.Very few of the items we normally purchase.Fruit and veggies are cheaper but not impressed with quality and besides we prefer our local farmer's market so the money stays locally and the quality is much better.

If Facebook was a country it would be the third largest population wise in the world.

Food for thought......

 

[medhead]

Personlly, I'm more annoyed about this little note just found at the bottom of fare conditions. Pretty sure that means no more earning for flights to OLP.

From 1 December 2015, Qantas will cease placing the QF code on Alliance Airlines flights between Olympic Dam and Adelaide. Customers flying on this route will travel as Alliance Airlines passengers under the QQ code and not as Qantas passengers

Yes but you are basing your earn mainly on bonus offers. Take those out and what have you earned just by shopping? (Ie the orange tags which was the core of the new program). I'm guessing your earn rate won't be $4:1

I've had $60 from targeted bonus offers, just like I've had 1000s of points from target bonus offers. The rest of the discounts have been from orange tags or barcodes on the front of the weekly catalogue. I count those general catalogue barcodes as the same as orange stickers, available to anyone who can read. So we've had WWR$40 from catalogues, and then at least WWR$20 each from orange stickers. Looks like my guesstimate of WWR$120 was wrong, must be more like $140

 

[drron]

If Facebook was a country it would be the third largest population wise in the world.

Food for thought......

No you would still go to WW for your food.

 

[Moody]

If Facebook was a country it would be the third largest population wise in the world.

Food for thought......

And by far the stupidest country ....