(72% of consumers will spend about 20% more than the value of the gift certificate) Many people spend more than the value of the gift certificate.About 6% of gift certificates end up unused.Many gift cards are not redeemed for their full value so that encourages repeat visits.Shoppers using gift cards are 2.5 times more likely to pay full price for the products they buy.Gift certificates provide an additional revenue stream for retailers, generating revenue in advance of sales.Here are some facts about gift certificates that you shouldn’t miss: TOMA means that your business or brand is the first thing that comes to mind when people think about a particular product, service, or the perks that you offer. Moreover, they are a form of cost-effective advertising that can help you create a Top Of Mind Awareness (TOMA) for your business. Recipients often have the freedom to choose the products or services they want & people no longer have to go through the dilemma of selection.įrom a business perspective, advantages of using gift certificates can include but are not limited to increased sales, improved cash flow, inventory management, more marketing opportunities & a stronger bottom line as a result of unredeemed gift cards.Īdding gift certificates to your marketing mix also enhances customer engagement, encourages repetitive visits, and can easily get new clients to your brand. Gift certificates offer seamless convenience to both givers & buyers alike. Why use gift certificates for your business? How to use these gift certificate templates.Free printable gift certificate templates for special occasions.Why use gift certificates for your business?.Read on to get some quick insights & tips on how to use your gift certificates. Want to jump to the gift coupon templates directly? Click here. We bring to you 10 absolutely free gift certificate templates that you can either print or even use digitally! Ready to make your own gift certificates? Let’s do it. What’s more? They are trending! About 76% of adults buy at least one gift certificate during holidays & special occasions like birthdays, anniversaries, Thanksgiving, Valentine’s Day, Mother’s Day, etc. Not only do they give you an opportunity to upsell your products & manage your inventory, but also a chance to get multiple visits for your services, build rapport with your clients, & even capture new ones! Gift certificates are a great way to get creative with your marketing strategies & can turn out to be a boss money-making move for your business.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |