5 Reasons Your Business Should Have GiftCards

Giftcards can help you grow your business. Customers love to get giftcards. Here are the top 5 reasons why you need these giftcards.

  1. Giftcards serve as a guaranteed referral. Not only did you generate sale, but giftcards bought will certainly be given to another person. This person could be a new customer that could be added to your regular customers.

  2. Giftcards topped at around $100 billion sales annually. Sales will surely increase if you have giftcards online offered to customers.

  3. A sold giftcard is already revenue on the spot. It is like collecting the money first without giving them the items they need.

  4. There is a term called “breakage” in the industry. This is the amount of unused giftcards. There has been an estimate of 10% to 15% breakage on gift cards. This means that this 10% to 15% automatically becomes your profit.

  5. Lastly, giftcards are always the topic on local business blogs and websites. All you have to do is produce those giftcards and the social media will do the rest.

So, what are you waiting for? Show your customers that you are reaching out to them through these giftcards and let them avail the best offers.

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