How To Increase Sales With Gift Cards

1. How To Increase Sales With Gift Cards For A
2. How To Increase Sales With Gift Cards For Cash
3. How To Increase Sales With Gift Cards Balance

Everybody loves a gift card. For the recipient, it's something special to swipe or scan for a celebratory experience. For the buyer, it's a convenient gift-giving option that doesn't entail driving all over town or purchasing a costly product destined to be returned or exchanged. For the merchant, it's an invaluable opportunity to generate revenue instantly, whether the card gets redeemed or not. In short, everybody wins. But that begs the question, how does a local business optimize their selling process to increase gift card sales? Let's take a look.

Keep reading to learn how business gift cards are a great way to increase sales. Acquire New Customers. More than 10% of gift card recipients have never (or rarely) visited a merchant's location before receiving a gift card. Because no one is throwing away 'free' money, the gift card recipient will redeem the gift card. Using gift card sales to increase your revenue: 3 proven ways. Summer is just around the corner and things are about to get busier. Birthdays, weddings, barbeques, Father's Day the list goes on. Here are seven ways to merchandise and sell gift cards to maximize revenue for your business: 1. Invest in actual gift cards. For small businesses, it's common to see e-gift certificates and printable paper ones, but investing in actual gift cards for your suite is a good idea. According to the article '10 Awesome Tips for Using Gift Cards to Boost Your Holiday Sales' by contributor Rieva Lesonsky on smallbiztrends.com, gift cards are no longer just an option for major retailers to offer. 'In fact, a new study reports, half of U.S. Consumers are very open to buying gift cards from small, independent retailers. Follow These Steps To Sell More Gift Cards: Offer Special Incentives. The best way to convince anyone to do anything is to bribe them. That includes your soon-to-be gift-card-buying customers. Start a special promotion for gift cards. For example, offer clients a $5 credit toward their next service for every $50 in gift cards they purchase.

How To Increase Sales With Gift Cards For A

1. Online, All the Time: Leverage Your Website to Offer Gift Cards
Think of your website as a 24/7 extension of your business. A place where your customers can find out more information on what you have to offer, book a visit or special event, and ideally, purchase a gift card. If you're not already selling gift cards on your site, giving your customers an option to buy outside of your physical location is an effortless method for advancing your sales by simply increasing visibility. At Hownd, we assist business owners by giving them the option of deploying gift card promos as website plugins (pop-ups). In addition to giving the visitor more incentive to increase the time spent on your site, a gift card plugin encourages them to conveniently buy right on the spot, effectively monetizing your website

2. Kind of a Big Deal: Offer Discounted Gift Card Promotions

Whether it's a 'Buy a $50 Gift Card, Get $10 in Bonus Value' or a 'Buy One $25 Gift Card, Get One $25 Gift Card Free' promotion, nothing is quite like getting more for your money from a buying perspective. Consumers love a deal, and gift card promotions entice them not only for others, but for themselves as well. A recent gift card consumer report from The Blackhawk Network revealed that 78% of consumers surveyed said they would purchase a gift card for themselves if they were offered a discount. The better the discount, the better the results, so aim to offer savings of around 20-30%.

3. Good Timing: Leverage Your Email List to Deliver Gift Cards at the Right Time

Face it, your customers' inboxes deserve better. Making gift card promotions a major part of your holiday marketing push gives them the option to stock up and cross off every name on their list. Trainings 2018. Be it for their families, employees, or friends, sending the right offer, at the right time, to the right person makes it simple for the consumer to secure a meaningful gift without spending a second in a busy mall. Additionally, an email gift card push shouldn't just be limited to the holiday season. Consider similar strategies to send for Valentine's Day, Father's Day, Mother's Day, and even special events like during high school or graduation season in late May and early June.

How To Increase Sales With Gift Cards For Cash

Interested in learning more and getting your first gift card promo off the ground with Hownd? Click here!

How To Increase Sales With Gift Cards Balance