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	<title>White Space Marketing:  Communication Strategy and Compliance &#187; White Space University</title>
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	<description>Providing Consistency in an Ever-Changing World.</description>
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		<title>Reg Z, The Card Act and TransPromo, Oh My!</title>
		<link>http://www.whitespacemessaging.com/2010/01/11/reg-z_the-card-act-transpromo/</link>
		<comments>http://www.whitespacemessaging.com/2010/01/11/reg-z_the-card-act-transpromo/#comments</comments>
		<pubDate>Mon, 11 Jan 2010 16:40:24 +0000</pubDate>
		<dc:creator>John</dc:creator>
				<category><![CDATA[CARD Act]]></category>
		<category><![CDATA[Complaince]]></category>
		<category><![CDATA[Data]]></category>
		<category><![CDATA[Personalized Communications]]></category>
		<category><![CDATA[Reg Z]]></category>
		<category><![CDATA[TransPromo]]></category>
		<category><![CDATA[White Space University]]></category>
		<category><![CDATA[Communication]]></category>
		<category><![CDATA[Compliance]]></category>
		<category><![CDATA[The CARD Act]]></category>

		<guid isPermaLink="false">http://www.whitespacemessaging.com/?p=41</guid>
		<description><![CDATA[ Well, it is 2010 and many of the laws that pertain to transactional documents are changing.  If you are reading this, presumably you have some basic knowledge of the Laws involved, particularly “Reg Z” and the “CARD Act.”  Some of the law’s requirements have already taken effect. Now, customer data, accuracy and document automation is http://www.whitespacemessaging.com/2010/01/11/reg-z_the-card-act-transpromo/]]></description>
			<content:encoded><![CDATA[<div class="mceTemp"> Well, it is 2010 and many of the laws that pertain to transactional documents are changing.  If you are reading this, presumably you have some basic knowledge of the Laws involved, particularly “Reg Z” and the “CARD Act.”  Some of the law’s requirements have already taken effect. Now, customer data, accuracy and document automation is more critical than ever.   </div>
<p> One part of the law requires credit card issuers mail or deliver periodic statements at least 21 days before they are due.  That is a change from the prior law, which was 14 days.  Another part of the law that became effective August 2009 requires card issuers provide at least 45 days notice of any APR increase or other significant change in terms. </p>
<p>Please notice that these laws are all focused on CUSTOMER COMMUNICATION. </p>
<div>
<div id="attachment_48" class="wp-caption alignleft" style="width: 160px"><img class="size-thumbnail wp-image-48" title="Massive Legislation - the cure for insomnia" src="http://www.whitespacemessaging.com/wp-content/uploads/2010/01/Massive-Legislation-the-cutre-for-insomnia-150x150.jpg" alt="Massive Legislation - the cure for insomnia" width="150" height="150" /><p class="wp-caption-text">Massive Legislation - the cure for insomnia</p></div>
<p> Come February 22, 2010, we will have to deal with laws that are completely reshaping the way we handle transactional documents.  The law imposes requirements that are likely add at least a half page to the average statement.  This is a great opportunity for everyone in the TransPromo and marketing field. </p>
<div class="mceTemp"> An opportunity to open a dialog with our customers.  An opportunity to use individual statements not only to comply with the law, but also to improve our communications with customers. </div>
</div>
<div class="mceTemp"> </div>
<div class="mceTemp">You can go to the FDIC website and read the entire legislation (if you ran out  of Ambien).  Or you can sign up at <a title="Registration for this semester is still open." href="http://www.whitespacemessaging.com/white-space-university/" target="_blank">White Space University</a>to get all the information you need in a clear, concise, manner.  All you need is a desire to learn (and a password).   Hope to see you there.</div>
]]></content:encoded>
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		<title>What is TransPromo and Why Should I Care?</title>
		<link>http://www.whitespacemessaging.com/2009/12/21/what-is-transpromo-and-why-should-i-care/</link>
		<comments>http://www.whitespacemessaging.com/2009/12/21/what-is-transpromo-and-why-should-i-care/#comments</comments>
		<pubDate>Tue, 22 Dec 2009 04:48:37 +0000</pubDate>
		<dc:creator>John</dc:creator>
				<category><![CDATA[TransPromo]]></category>
		<category><![CDATA[White Space University]]></category>
		<category><![CDATA[Communication]]></category>
		<category><![CDATA[Marketing]]></category>

		<guid isPermaLink="false">http://www.whitespacemessaging.com/?p=19</guid>
		<description><![CDATA[<p>Generally speaking, TransPromo communication means placing messaging on transactional documents (invoices, statements and the like).  And you should care because it is an effective and economical way to deliver your messages to the right person at the right time, the right way.</p>
<p>At the most basic level, it is a process by which data is analyzed http://www.whitespacemessaging.com/2009/12/21/what-is-transpromo-and-why-should-i-care/]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-medium wp-image-20" title="A Pile of Invoices" src="http://www.whitespacemessaging.com/wp-content/uploads/2009/12/Pile-of-invoices-300x200.jpg" alt="A Pile of Invoices" width="300" height="200" />Generally speaking, TransPromo communication means placing messaging on transactional documents (invoices, statements and the like).  And you should care because it is an effective and economical way to deliver your messages to the right person at the right time, the right way.</p>
<p>At the most basic level, it is a process by which data is analyzed and then used to create personalized, relevant messaging to be placed on outbound transactional documents.  Simple right?  In theory perhaps, but in reality, when done right,  it is like a well choreographed Broadway Show.  This type of marketing campaign is not the kind of work that allows for  cookie-cutter, one-size-fits-all solutions.  There is no way to simplify and  standardize this type of service as every company’s goals, resources and  applications will differ.   Further, each program’s requirements will vary and the  design, messaging and even legal mandates will change depending on your  customer’s vertical market and strategic communications goals.  <span id="more-19"></span>Perhaps an example might help illustrate the point.  A bank’s legally required messaging might drive their document design whereas a local magazine publisher, will have far fewer legal constraints relative to content and formatting.  However, both can use this type of messaging as an opportunity to up-sell (extend your subscription for a year and get 10% off) and cross-sell (if you like our Savings Account, you might also want  talk to us about a Home Loan).  And you can do so much more than just selling.  Customer retention, customer satisfaction and reduction of costs are just some of the benefits we will look at in future posts.  For now, just remember with TransPromo messaging , each message is different, each message is personalized, and each message is relevant to the specific recipient (at least that is how it is supposed to work).</p>
<p>Thus, in order to get this right, most companies would have to assemble an  entire team to analyze the data, determine the messaging strategy, design the piece, execute the production and then continue to  update the messaging so that it is consistently fresh and relevant to the  recipient.  But the results are worth the effort.</p>
<p>Check back soon form more on this topic, or subscribe to the feed.  We are cooking with gas here folks and you do not want to miss a single morsel of information!  Thanks for taking the time to visit.  I hope you will leave some comments about your thoughts on personalized marketing or any other communication issue that interests you.</p>
<p>Do Good Things!</p>
<p>John</p>
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