Top 5 Reasons your business should provide online giftcards.
#1. When a customer buys a gift card for your product/service, they are not only generating a sale, but they are also generating a GUARANTEED referral.
#2. Gift card sales on a yearly basis have topped at around $100 billion. That’s a lot of potential revenue missed if you are not offering your own gift cards online. Source: http://www.emarketer.com/Article.aspx?R=1005802
#3. A gift card sale is equivalent to up-front financing from your OWN customers. Think about it, you can pay for business costs from services\products that have not even been rendered yet. As a business owner, you understand the value of staying ahead of your bills.
#4. Gift cards contain something in the industry called ”breakage”. Which is the amount of unused or remaining balance left on the gift cards. This has been estimated at around 10-15% percent of all gift card sales. Therefore, you can automatically consider an additional 10-15% profit from gift card sales.
#5. Online gift cards give you a reason to talk about your website. Social media is big business these days and is getting bigger by the second. It’s great to show your customers you are going above and beyond to reach out to them. The way we do business is changing real fast…and those that don’t catch on will get left in the dust.
Why not sign up for your FREE online gift card account @ www.W3GiftCards.com
3 months ago
November 11, 2009
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