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Gift Cards are changing the
Retail and Food Industry landscape in a profound
way. Just this holiday season $18.2 Billion
dollars were spent on gift card purchases alone.
January, traditionally a slow month for retail
dominated by deep price cuts, has now turned into a
retail bonanza, all fueled by gift card redemptions.
Why have so many people
embraced gift cards? Because, they are
convenient and useful. They are a gift that people
appreciate twice, once when it is given and once
when it is used.
What makes gift cards a
valuable selling tool for your restaurant?
- Gift cards are
distributed as presents to customers that might
have never eaten at your restaurant
- People tend to spend
more than the value of the gift card and they
tend to treat themselves to the more expensive
items on your menu.
- Your logo on a well
designed card is a way to build product
awareness
and recognition with customers.
- Gift Cards are more
durable than certificates and can be used over
again.
- Cards can be partially
redeemed and the remaining value can be used
again. This eliminates the need to cash out gift
cards. If you are not currently
- You can issue cards for
comps instead of discounting an existing check.
If you are not currently
using gift cards, give us a call and we'll be
happy to show you how easy they are to use.
Don't miss out on this valuable revenue
generating tool.