Doing Business on Facebook: One More Step Forward

Buxter launched a new app on Facebook today, allowing Facebook users to send payments of £45 or less. However, users can only transfer money within their network. In addition, if users want to use Buxter, they have to sign up a ClickandBuy account. Receiving payments with Buxter is free, but the service will charge users a minimum of £2 transaction fee if the money is transferred from another source, like a bank account. Additional fees may apply if the payment is not in pounds.

Even though Buxter does not sound like a convenient app for now, I feel this is another step forward for doing business on Facebook in the near future. Hotels, restaurants, and other hospitality and tourism companies can soon take advantage of this Facebook trend (relative discussion can be found via: http://linchikwok.blogspot.com/2010/02/one-day-we-may-be-able-to-make-hotel.html). With these money paying tools, fans can purchase gift cards from a business. Meanwhile, managers can also find new ways of keeping their fans engaged. How about issuing gift cards or even giving out cash when a fan wins a game or something? What do you think?

References:
Telegraph.co.uk: http://tinyurl.com/linchikwok03042010
Cartoon was copied from: http://tinyurl.com/linchikwok03042010P

Comments

Luxury vs. Millennials and Their Technology: The Ritz-Carlton (By Julia Shorr)

Embodying the finest luxury experience, The Ritz-Carlton Hotel Company, LLC has been established since 1983. In 1998, Marriott International purchased the brand offering it more opportunity for growth while being independently owned and operated. They are known for their enhanced service level as the motto states, “Ladies and Gentlemen serving Ladies and Gentlemen”. The luxury brand now carries 97 hotels and resorts internationally and is attempting to keep the aspects of luxury while keeping up with the trends of the technologically improving generations. The Varying Demographics of the Target Market The Ritz-Carlton’s typical target market includes: business executives, corporate, leisure travelers, typically middle-aged persons and elders, and families from the upper and upper-middle class section of society . This infers a large range of types of travelers in which all are similar in that they are not opposed to spending extra for the luxurious ambiance. However, with

Is It OK for Hotel Staff to Wear Piercings and Tattoos?

Time has changed. I see more and more college students wearing piercings and tattoos nowadays, but is it OK for hotel staff to wear piercings and tattoos? The answer is “no, no, no.” According a report at USAToday.com, customers across the board do not want to see any hotel workers with pierced eyebrow, pierced tongue, tattooed arm, or nose ring. Some may argue that tattooed and pierced workers may seem more acceptable in edgy boutique hotels as compared to the big franchised hotels, but the survey results did not find any differences among a variety of lodging products. Many respondents believe people who wear visible tattoos and piercings are taking a high risk of their professional lives. If you stay in a hotel, do you mind being served by tattooed and/or pierced staff? What if you are the one who makes the hiring decision? References: USAToday.com: http://tinyurl.com/linchikwok08042010 Picture was downloaded from http://tinyurl.com/linchikwok08042010P

In what ways will AI affect restaurant operations?

A new wave of industrial revolution is here --- AI (artificial intelligence) will change everything we do. Undoubtedly, AI can improve restaurant operations. Menu Engineering and Quality Control AI can provide insights into a restaurant’s menu offerings and pricing strategies based on consumer data and market trends. Restaurant owners can adjust the recipes/menu and price accordingly. AI can help restaurants monitor food temperature, cleanliness, and safety procedures, ensuring they comply with health and safety regulations. For example, AI can remind a sushi chef to replace a sushi plate that has been “sitting” on the conveyor belt for too long with a more popular item. Consumer Experience AI can help restaurants create location-based, personalized marketing campaigns to reach specific and targeted customers at the right time. Then, AI-empowered chatbots, reservation, and table management systems can help restaurants answer customer inquiries, manage reservations, and

Linchi Kwok, Ph.D.

Search This Blog