Some interesting insights about the JP miles purchase 40% bonus promotion

Some time last week, Jet Privilege announced one of their many JP miles sales with a bonus. This time, it was a 40% bonus, plus an additional 10% bonus for the highest miles purchaser of the day. This offer runs till 30 April 2016. But here's something interesting I noticed today.


If you visited the landing page for this offer, you'll have notice something new there. They've published the highest purchase of the day that qualified for the 10% bonus. And the data is quite interesting.


Now, I cannot independently verify this information, and so I'm relying entirely on what Jet Privilege has published. 

The first high-purchase is quite interesting, at 62,700 miles, which would have yielded 94,050 miles (including the 10% bonus for being the highest purchase of the day). I find that a strange number of miles to buy! Looks like someone had a specific award in mind, which required around 94k miles (whether that could be the entire award value or top-up alone, is difficult to say).

However, notice the downward trend between 7 and 11 April 2016. I can't help but think that people find this promotion not very rewarding, or possibly at a higher price point than they personally value JP miles. In any event, between 8 and 11 April 2016, the purchases seem to be only to top up the buyer's existing stockpile of JP miles.

And then some high-roller came along on 12 April 2016! Personally, and with all respect to the buyer (who may even be a reader on this blog), I find that purchase mind-boggling. The 262,000 points that this buyer would have received (including all bonuses) would have cost upwards of Rs 250,000.

While I could be completely off track here, I have think purchases of 100,000 miles or more are being done exclusively to stack up on miles. If that's the case, I think it is a rather poor way to hold a stash of JP miles. All the other high value purchases appear to be top-ups, which is a much better way to stack up miles for an upcoming award.

As I've mentioned several times before, it really doesn't make sense to buy a large number of JP miles (even through bonus promotions like this) unless you've got a definite usage plan in mind, which would otherwise cost significantly more in terms of cash.

Comments

Popular posts from this blog

4x HHonors points with Hilton's More Nights More Points promo

IHG promotion for 2x points on all in-hotel spends

Of all the reasons to scrap a flight...and not just any flight