| By Jim Bruene on March 17, 2005 12:05 AM | Comments (0) |
Step 1: It's tax time
Step 2: Then it's play time
So starts one of the most interesting financial services websites to come along in a long time. Leave it to Intuit to come up with a way to make submitting your tax return seem almost fun. It's RockYourRefund.com website is basically a jazzed up portal into TurboTax for the Web, a service that's been around for more than five years.
Analysis
Sometimes it seems futile trying to make boring financial services interesting. Well if Intuit can do it with tax prep, you can do it with your financial products.
Take a minute to look at it yourself, but the premise is you get a 10% coupon at Best Buy or up to $200 off a trip after you've completed your tax return online via the TurboTax website. Cost for the online service is $5.95 for federal plus $9.95 for state tax returns.
Action Item
This approach would work wonderfully with bill payment. Offer coupons and offers that users would receive after paying their bills. A benefit for saving time and money using your super-convenient epayment service. (For more information on how to build a killer bill payment service, see Online Banking Report #80, 81, 82, 86, and an update on the market in #115 published three days ago. )
-- JB
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