Comments on: Playing the Leeann Chin Gift Card Investment Game http://www.movingtofreedom.org/2007/12/09/playing-the-leeann-chin-gift-card-investment-game/ free software, free culture, free association Thu, 29 Jul 2010 22:53:23 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Nobody http://www.movingtofreedom.org/2007/12/09/playing-the-leeann-chin-gift-card-investment-game/#comment-3388 Nobody Sat, 15 Dec 2007 03:31:15 +0000 http://www.movingtofreedom.org/2007/12/09/playing-the-leeann-chin-gift-card-investment-game/#comment-3388 Interesting. I suppose the same could apply to other discount situations. (Most bookstores now seem to participate in a single frequent-buyer reward program, with an annual $20 fee that nets you a) don't pay the tax and b) an extra 10% off items on sale; it's easy to calculate that 20 paperbacks a year is enough to recoup the fee, and a single $29.95 hardcover on sale at 30% off you get at 40% off for a savings of roughly $3, which can add up to $20 even faster. Not strictly speaking gift cards, but the economics are somewhat similar, with an up-front fee and then a ticking clock. The lower fee and longer deadline make it much more attractive of course.) On the other hand, the only Leeann I'm particularly intrigued by is Leeann Tweeden. :) Interesting. I suppose the same could apply to other discount situations. (Most bookstores now seem to participate in a single frequent-buyer reward program, with an annual $20 fee that nets you a) don’t pay the tax and b) an extra 10% off items on sale; it’s easy to calculate that 20 paperbacks a year is enough to recoup the fee, and a single $29.95 hardcover on sale at 30% off you get at 40% off for a savings of roughly $3, which can add up to $20 even faster. Not strictly speaking gift cards, but the economics are somewhat similar, with an up-front fee and then a ticking clock. The lower fee and longer deadline make it much more attractive of course.)

On the other hand, the only Leeann I’m particularly intrigued by is Leeann Tweeden. :)

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