Bell is accused for adding expiry dates for pre-paid phone plan

Bell is now struggling in a class-action lawsuit for setting expiry dates for pre-paid phone plan. Pre-paid is very popular among low-income groups and the amount of users takes up a great proportion. However, many clients did not know such a regulation so when the date passed the expiry date, the money left on the account will be automatically turned into Bell’s pocket without any alert. This kind of action made consumers angry and they got together to fight against Bell.

The responses from Bell shows that they are not afraid and they believe they are not illegal.

Jacqueline Michelis as the spokesperson of Bell wrote in his email:

“This is, of course, the case with our pre-paid cards, and we look forward to                         addressing the issue in court. Keep in mind that the threshold for class-action                     certification is quite low and doesn’t address whether the claim has any merit.”

But, in the end, the Ontario Superior Court announced that Bell’s action is illegal.

In my point of view, companies should be more careful to their customers, who play the role as a source of getting money. So having a good relationship with its members can help expand their consumer base. For Bell’s illegal action, I think it is true that so far they “earn” a lot from consumers’ careless, but looking forward, many consumers would jump to other companies, because they do not believe Bell any more. So I believe playing with its own consumers would never bring bright future in business. Moreover, business ethics is very important.

http://www.cbc.ca/news/business/bell-s-pre-paid-phone-plan-expiry-dates-to-be-challenged-in-court-1.1912745

 

Twitter explored a new way of making revenue and Facebook will follow

Twitter is now making more revenue by getting partnerships with  CBC, MTV and the NFL for TV tie-ins.

According to the analytics firm SocialGuide, within one minute there were about 22,373 tweets regarding to “Breaking Bad” during the recent finale. The reason why so many people talking about this tv series at that time was because 45% ads shown during at time invited audiences to communicate or make any comments on twitter. The power of social media is always amazing. Compared to the data taken last year, it increased 38 percent in the tweets which are talking about TV(263 million). Another example is about NFL, they posted some very short videos that are popular and excellent which can attract their followers’ attention.

Michael Pachter said TV deals will only take up one per cent in Twitter’s projected 2013 revenue(582 million), but the proportion will soar since the next year.

As we all know that Facebook and Twitter are always competitors in social network industry.  Facebook has announced that they will get in this door very soon. And obviously, Facebook has more users than Twitter, which can be a advantage. And as we can see, Facebook are following Twitter, for instance, Facebook invites celebrities to open accounts to communicate and chat with their fans. I am very excited to see how they gonna complete in the future when they almost look the same.

What Will Happen?

http://www.cbc.ca/news/business/twitter-exploring-tv-related-advertising-ahead-of-ipo-1.1928356