Gift Card
Gift Card and Loyalty Programs
The Challege
The Solution:
Help Your Business
- Additional revenue upon redemption from recipients spending more than the value of the card
- Higher-margin purchases by persons redeeming the card
- Improved brand exposure
- Reduced cash returns
- Interest earned from outstanding balances
- Easy online reporting
- Increased security and better reporting compared to gift certificates
Help Your Customers:
- Give a gift that they love-your brand
- Spend more at your stores
- Experience an added convenience at your locations
Features:
- Reload functionality that can help you create loyal customers
- Affordable program bundles that include cards, signs, displays and more
- Ability to create your own custom card designs or select from a large number of standard designs
- Reporting that is available online, on your merchant processing statement or through your terminal's receipt
- Paper, making it easy to have information available when you need it
- Welcome kit that includes a merchant guide with proven marketing tips for implementing a successful gift
- Welcome kit that includes a merchant guide with proven marketing tips for implementing a successful gift
Loyalty Programs
The best way to reward your best customers and actually profit from it is by implementing a customer loyalty program. Typically, a loyalty program consists of offering memberships to your customers that allow them to collect a currency that rewards them for their loyalty. The currency accumulates with each transaction, per your business intelligence rules. Your customers can then exchange the currency for rewards that are typically available by selecting from items in a catalogue. Once a customer becomes a member, you can track his/her purchases (what, when, where & how much) over time, which will allow you develop personalized, meaningful, profitable promotional offers to encourage that customer to spend more, more often. Well-planned and well-managed loyalty programs are proven relationship marketing tools that will increase revenues and your bottom line by 30% or more!
Typical objectives of a loyalty program:
Features:
- Customer retention - establish long-term relationships
- Customer acquisition
- Customer upgrading
- Customer win-back
- Customer advocacy
- Increase customer frequency
- Increase customer lifetime value
- Reduce mark-downs
Cost Reduction:
- Reduce advertising costs
- Intelligent deselection - eliminate unprofitable customers
- Best customer marketing
Planning & Strategy
- Intelligent response to competition
- Improve product awareness
- Measure customer service
- Direction when formulating pricing structures
- Build solid relationships
- Determine choice of inventory
- Merchandising - combine products/services bought at the same time
- Select new store locations