Business Gift Cards Advantage 

There are many benefits and advantages to adding a Gift Card service to your business. Adding Gift Cards to your business is becoming a popular method to increasing your customer loyalty as well as creating new customers which automatically leads to more sales. Gift Cards are becoming the new trend not only in Large to medium-sized businesses but also the small business universe as well. Some facts and analysis show:

  • 50.9% of gift card holders spend more than what the card is redeemable for!
  • The average dollar amount per card in the 2006 holiday season was $164.81
  • 80% of people would rather get a gift card to a favorite retailer.
  • An estimated 10-15% of gift card recipients never cash in cards.
  • Free online reporting and tracking of cards.
  • Statistically - Gift cards out perform paper certificates and eliminates fraud because its extremely difficult to duplicate.
  • Gift Card recipients also bring new customers in stores they might not have otherwise visited.
  • Its free to setup!

As mentioned above, adding a Gift Card service can be beneficial to you and your customers as well as increasing your sales by creating new customers and customer loyalty

Merchant Benefits:

Enhance sales and revenue by offering customers more options and incentives to remain loyal to your business, as you begin to notice, sales will automatically increase

Earn interest from each gift card, from the point of purchase to the time of use

Encourage, build and maintain customer loyalty and support. To redeem card value, customers will revisit your store and will most likelly spend more.

"Slippage" Unlike gift certificates, cash is not reimbursed to customers who do not redeem their full gift card value. Estimates state that approximately 10-15% of gift card balances are never used.

Avoid theft and fraud damages. Gift cards require activation to be used and contain other security features to help minimize the risk of fraud and theft.


Customer Benefits:

Save your customers valuable time. With this easy gift solution, customers know the recipient will get something they like.

Let customers give the gift of convenience. Gift cards offer flexibility because they can be used at any time, at any participating location, and toward any store purchase.

Give customers the control. Customers can easily control spending with a pre-paid, "stored value" card.


If your ready to expand your business as well as customers and sales, please click here to get started right away

 

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Meritt Capital                    
Phone: (302)943-1207
Fax: (866)215-1943

Email:
info@merittcapital.com

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