Gift cards are not only excellent revenue generators, but they also enhance brand awareness and offer a more convenient alternative to paper gift certificates. FlashBanc's gift and loyalty programs are compatible with today’s most popular credit card processing systems and technologies. In many instances, new equipment is not needed. We offer several complete turnkey programs, handling every aspect of your program including card design and production, terminal programming, staff training, marketing support, program promotion, and card processing. Contact us today to get started.
- Two-thirds of all consumers have purchased at least one gift card. (National Retail Federation)
- 55% of recipients make more than one trip to the business to deplete the value of their card. (Standard Register)
- The average recipient spends 20% more than their card’s initial value. (Green Sheet)
- 69% of companies using them stated that gift cards are more effective than cash in motivating and rewarding employees. (Incentive Magazine)
- In the 2007 holiday season, the average amount placed on gift cards was $203. (BankRate.com)
- 10 - 15% of gift card recipients never redeem the full value of a card, meaning the business keeps it as profit. (J.C. Williams Group)
- 81% of consumers purchase gift cards for birthdays. 67% percent purchase gift cards for holidays. (American Greetings)
- When retailers switch from paper gift certificates to gift cards, they sell anywhere from 50-100% more. (Ecommerce Exchange)
