Gift cards are basically much like prepaid credit cards that consumers may use at specific stores. These are common options for companies because of the assurance that card recipients will go back and make purchases. There is also the likelihood that they will be spending more than what they have intended while in there. It may be difficult to sell gift cards for cash but giving customers complementary offers can entice them to make purchases.
You can consider giving your customers free items for every card purchase they decide to make. Usually, presents that are appropriate for this are the practical ones. You can give out items that are small in size just like teddy bears and snow globes. You can also choose to give out more substantial items like T-shirts and blankets.
It should be noted that gift cards come in many different types. Each are valued differently as well. This is why it is important for companies to account for the value of the purchased card when giving out free items. Consumers who have purchased a card worth 200 dollars or more should be given the more substantial perks as they will less likely be satisfied with those that have lesser value.
You might also want to consider offering your customers some discounts if they decide to buy a card. You can set the discounts for future purchases at fixed amounts like 5 or 30 dollars. Discounting should be done basing on how much the card they have bought is worth. Discounts may also be offered in percentages. Make sure that you strike up a border though, like a 10 percent discount only for those who buy items worth more than 40 dollars.
Consumers typically appreciate getting monetary rewards. Offering discounts on future purchases can help ensure that the customers will be returning to make those purchases. On the part of sellers, however, it is important to make sure that the discounts offered cannot be availed of on the day the card was purchased.
Other companies resort to offering their customers certain memberships for rewards programs. Ideally, rewards programs will entitle members to receive discounts after they have spent a specific amount for purchases while shopping. Such free memberships will help ensure that customers would return to accrue their rewards which can be utilized for future shopping sprees.
Try hosting raffle draws as well. You can draw in large items like concert passes, lawn mowers or gift certificates to expensive restaurants. Inform your customers that they can be entitled to an entry for every purchase worth five or ten dollars. Doing so will encourage people to spend some more for cards.
Aside from companies, a gift card can also be purchased off online stores. Going over various listings put up on Craigslist or eBay will definitely bring in several options that may be considered. Online purchasing is often best for those living far away.
Other sites that sell gift cards for cash are groceries and drug stores. Many of these establishments devote some sections to hanging displays. Merchant stores may also be seen selling these items and some will even consider wrapping these for customers.
You can consider giving your customers free items for every card purchase they decide to make. Usually, presents that are appropriate for this are the practical ones. You can give out items that are small in size just like teddy bears and snow globes. You can also choose to give out more substantial items like T-shirts and blankets.
It should be noted that gift cards come in many different types. Each are valued differently as well. This is why it is important for companies to account for the value of the purchased card when giving out free items. Consumers who have purchased a card worth 200 dollars or more should be given the more substantial perks as they will less likely be satisfied with those that have lesser value.
You might also want to consider offering your customers some discounts if they decide to buy a card. You can set the discounts for future purchases at fixed amounts like 5 or 30 dollars. Discounting should be done basing on how much the card they have bought is worth. Discounts may also be offered in percentages. Make sure that you strike up a border though, like a 10 percent discount only for those who buy items worth more than 40 dollars.
Consumers typically appreciate getting monetary rewards. Offering discounts on future purchases can help ensure that the customers will be returning to make those purchases. On the part of sellers, however, it is important to make sure that the discounts offered cannot be availed of on the day the card was purchased.
Other companies resort to offering their customers certain memberships for rewards programs. Ideally, rewards programs will entitle members to receive discounts after they have spent a specific amount for purchases while shopping. Such free memberships will help ensure that customers would return to accrue their rewards which can be utilized for future shopping sprees.
Try hosting raffle draws as well. You can draw in large items like concert passes, lawn mowers or gift certificates to expensive restaurants. Inform your customers that they can be entitled to an entry for every purchase worth five or ten dollars. Doing so will encourage people to spend some more for cards.
Aside from companies, a gift card can also be purchased off online stores. Going over various listings put up on Craigslist or eBay will definitely bring in several options that may be considered. Online purchasing is often best for those living far away.
Other sites that sell gift cards for cash are groceries and drug stores. Many of these establishments devote some sections to hanging displays. Merchant stores may also be seen selling these items and some will even consider wrapping these for customers.
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