Trent Swanson
๐ค SpeakerAppearances Over Time
Podcast Appearances
And so- By eating dinner.
So, but that's great news.
But then, you know, what's the benefit of that?
It's, am I going to get upgraded with my super diamond elite status?
Or am I going to sit there like number three or four on your upgrade list and be sitting in the same darn seat everyone else is?
And so the challenge is, and you even see it in Delta, they, by strategy, no longer
upgrade these diamonds because why i can come as a non-status member the day of or the day before i can check in and i can get a cash promo push to my mobile phone oh upgrade your coach ticket for 299 and i cut the knees out of the hard loyalty earner who's working so hard to earn double triple diamond i come in as a no one and i spend a very little amount of money and i get you the seat that they should be giving to you
They do.
Well, they hoard them because of a perceived value, and they will have value.
But if you're hoarding points without the plan to redeem them,
Well, I mean, I think the big debate in the points and miles space, and part of it is the incentive to keep buying my credit card, keep clicking my link, I get $200 in my pocket every time you apply and get approved.
That's part of the driver.
So what they'll say is, use your points because they keep devaluing over time steadily.
And while that might be true on its face...
The point, the value of a point is always a function of the value of the retail price of the ticket.
And so as ticket prices have gone up 10, 20, 30% over the past three years and the award pricing remains constant, the value of your unspent point is even higher now than it was.
I think earning points in miles, there are several techniques to do it.
The largest and quickest, most efficient way is through credit card signups.
There are other ways we didn't get into very much other than the Capital One.
I think signing up for credit cards is a serious business.