This is a pretty clever invention, and one that probably will be adopted by businesses as giveaways. It's name is lame: Peek-a-Bye, but it's purpose is great. It's a opaque sleeve to put your credit card in but still allows your name and the last few digits of your card for I.D. The back of the sleeve is transparent so that your signature can be verified.
Implications - Consumers who have security concerns love products that offer them protection. Simple ideas such as the Peek-A-Bye manage to add a sense of security and display a level of intelligence. By protecting the consumer, the company creates a trust with them, generating word-of-mouth sales as the consumer will speak highly of the product.
Protecting Your Plastic
Credit Card Sleeve Hides Number
Trend Themes
1. Security-enhancing Sleeves - Opportunities exist for creating innovative credit card sleeves that offer enhanced security features.
2. Identity Protection Solutions - There is potential for developing new products and services that help consumers safeguard their personal information and identity.
3. Consumer Trust Building - Companies can explore ways to build trust with consumers by offering products that protect their privacy and security.
Industry Implications
1. Financial Technology (fintech) - Fintech companies have the potential to develop and market advanced credit card protection solutions.
2. Identity Theft Prevention - The industry focused on preventing identity theft can explore innovative products to help individuals safeguard their personal information.
3. Promotional Merchandise - The promotional merchandise industry can capitalize on the popularity of security-enhancing sleeves by offering them as personalized giveaways for businesses.