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Gift & Loyalty Programs
A powerful marketing tool..
...for a wide variety of promotional
campaigns – the card is an advertisement as well as a constant
reminder to the consumer that they could get more for their money
by using a Gift & Loyalty card.
Enhance cash flow
With secure, convenient pre-paid card
purchases – the customer is more likely to spend more than
the amount loaded on the card. In addition, the merchant also has
the ability to leave any un-redeemed value on the card, which prompts
the customer to return and use the rest of the stored value. Moreover,
the recipient of the gift card can often be a first time customer
and this will attract new customers.
Billboard in a Wallet
Every time a cardholder opens their
wallets or purse, they’ll see the customized card and be reminded
that they have value on the card.
Increase merchant’s average ticket size
Gift
card programs drive sales higher and increase average tickets in
several ways. As the customer brings a gift card into the merchant
location for redemption, they’re most likely evaluating merchandise,
based on the amount of out of pocket cash that have on hand for
the purchase. Having a gift or loyalty card allows the customer
to spend
more than they would have if they didn’t have the gift card
at all.
Minimizes looses associated with paper
gift certificate programs
With no value on the card until
issued at the point of sale, there is nothing to gain by stealing
the card from inventory.
Potential income from breakage
“Breakage” is
used in our industry to define the amount of value that’s been
prepaid and never gets redeemed.
Faster gift card purchasing and redemption procedures
Great during
holiday season, back to school, etc.
Less paperwork
More time helping the customer.
Create customer loyalty (destination vs. impulse)
Customers
will drive that extra mile while shopping or dining out because
of the value on the card.
Standard reporting features
Provides monitoring programs,
security controls, and reports on all activity, information, and
outstanding gift card liability balances.
Plus..
- Easy to use, just like swiping a credit
card.
- No list of cancelled gift certificate numbers
to review.
- In lieu of cash and credit card refund, cards
keep sales in store.
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