Retailers normally receive large volume of corporate gift card orders. For popular retailers, the corporate gift card orders can contribute up to 60% to 70% of total gift card orders. Processing this large volume of gift card orders can overwhelm retailer fulfillment teams.
Once a gift card program goes live, one of the main challenges faced by the merchant/ retailer is to build traction for the gift card among external consumers.
Retailers normally receive large volume of corporate gift card orders. For popular retailers, the corporate gift card orders can contribute up to 60% to 70% of total gift card orders. Processing this large volume of gift card orders can overwhelm retailer fulfillment teams.
Consumers of today crave choice – the more the merrier. For loyalty programs based on points, it becomes a no-brainer that the consumer gets a rich catalogue of rewards to pick and choose from. A rich rewards catalogues directly influences the popularity of your Credit Card, AirMiles or Loyalty program.
A business or organization is not just made up of any single entity but it’s truly a coming together of multiple entities who make your brand thrive. Be it the employees who build what you sell or your channel partners who sell what you build, your recognition of each and every one of them lays the foundation for your success.
Charlie Munger from Berkshire Hathaway said, “Show me the incentive and I will show you the outcome.”
Every company however big or small needs to factor in incentives to ensure a particular outcome; be it their employee productivity, channel partners’ commitment or their customer acquisition/ retention strategy.
It simply not easy to miss the sweeping Gift Card revolution taking place right before us. As a retailer it makes perfect business sense to make use of the opportunity in this rapidly growing category. Retailers like you can explore beyond your business and explore the monetization opportunities by launching a full-fledged multi brand Gift Card store
A gift card is precious cargo, it carries with it not only the value of the card, but also priceless emotions. As a retailer it goes without saying that it is of the utmost importance for you to make sure this precious cargo reaches its intended recipient on time and without fail. Every time.
As a brand you have launched your own brand Gift Cards, have set up an online gift card store and have empowered your resellers and partners to sell your gift cards. And you must be wondering is there more to it – can I do more to proliferate my gift cards further? Proliferation is just one part – the bigger question is the integration to your existing systems. And what if all of this can be achieved with just one single product?
Be an online retailer or an offline retailer, setting up a gift card store online and integrating it with your existing POS and retail systems can be a daunting task to say the least. In such a scenario would it be wishful thinking if we were to suggest that there exists such a product that enable you to set up a white label gift card store online with cutting edge features?