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Thailand Privilege Card freezes investments, changes Elite Card marketing.

Bangkok Post (Bangkok, Thailand)

| October 05, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Oct. 5--Faced with strong criticism over a missed sales target and on 147 million baht in unpaid advertising bills, Thailand Privilege Card Co (TPC) will revamp its strategy by putting its investment plan on hold and rebranding its products.

According to Chokesiri Rodboonpa, managing director of TPC, the operator of the one-million-baht Elite Card lifetime memberships, new packages priced at 1-3 million baht would be offered.

The move is aimed at creating more alternatives for target groups instead of sticking to only one type of package.

He admitted the slow sales were due to doubts among sales agents about the products available and conditions ...

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