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Key Shifts in the Gift Card Industry

Trends in the gift card industry are changing. Many of the shifts are due to new technology and advances in the digital world. Some are based on pure convenience. From social media to e-gift cards, here are some of the largest gift card trends right now:
A Change in Channel Where users buy their gift cards is changing in a big way. In only one year, in-person gift card sales have decreased by 10 percent, from 61 to 51 percent of all card sales. Online purchases, on the other hand, grew by 10 percent, which leads us to believe that those 10 percent who are no longer buying their gift cards in person are now buying them online.
Social Media Gift Cards Although still on the low end, this new way to buy and use gift cards is gaining momentum. You may see these card offerings on Facebook when it's your friend's birthday, or even when you visit a retailer's page who's very tapped in to the social world. There are now several opportunities to both buy and redeem gift cards directly through social platforms, such as Facebook. Now, over eight percent of gift card purchasing is done through social media.
E-Gift Cards Grow E-gift cards are definitely one of the fastest growing trends in the card industry. In just one year, the amount of people who bought e-gift cards grew by 15 percent, from 21 to 36 percent. The growth of this trend makes sense, what with the ease and convenience of digital gift cards. Plus, more and more retailers are now offering these as an option.
Gift Card Apps There is now new technology that allows users to store their gift cards in their phone via app, taking the idea of digital gift cards to a whole new level.

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Quick Guide to Speedway Gift Cards

At GiftCard Partners, one of the nation's largest developers of corporate gift card programs, we form deep rooted partnerships with our clients to help them build robust loyalty, reward or incentive programs. We offer gift cards to many of the country's leading brands, including Speedway. Speedway is the fourth largest gas station chain in the country, operating over 1,400 different stores. But Speedway offers more than gas. With a whole chain of convenience stores connected to the fuel stations, Speedway sells everything from snacks to important, everyday buys. Speedway gift cards are one of our most popular brands for employee incentives, fundraising and loyalty rewards programs. From gifts to giveaways, loyalty rewards to sales promotions, everyone loves to fuel up their programs with the Speedway Corporate Gift Card Program. With our Speedway Corporate Gift Card Program, we offer you:

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Boston Market Takes On a Health-Conscious Menu

For the last several years, Boston Market has worked to create a menu that boasts more nutritious selections while still offering the same great taste. In a campaign committed to reducing sodium levels by 20% in their menu items, they removed salt shakers from their tables in 2012. While the sodium levels dropped in menu staples, 26% in mashed potatoes, 20% in stuffing, gravy by 50% and cornbread by 30%, sales have not.* The holiday sales this year increased 17%.

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Walk-In Health Care Clinics, like CVS/pharmacy's MinuteClinic, on the Rise

It's no secret, people get sick and when battling a painful sore throat or ear infection waiting is NOT an option. Hence the growing popularity of walk-in health care clinics. CVS/pharmacy, the largest retail clinic operator in the Washington area, has more than 800 clinics nationwide, with plans to add more that 150 additional clinics by the end of 2014.
So what's the driving force? Several factors come into play fueling the trend of these walk-in health care clinics, one of which is the Affordable Care Act...sound familiar, you may have heard of it? With millions now being provided insurance through Medicaid, private plans or under their parents plans until age 26, getting in to see your primary care doctor quickly will be more difficult. This, along with a number of other factors, has allowed the perfect forum for retail clinics, like MinuteClinic, to take center stage. The clinics are staffed by nursed practitioners and physicians assistants and can treat anything from pink eye to strep throat, to sinus infections and minor injuries. Gift cards are even available at all 800 MinuteClinic locations and discounts are available on volume purchases. Learn more about buying MinuteClinic gift cards and giving the gift of health
here. Read more from The Washington Post about the growing trend of health care clinics
here.

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Using Gift Cards to Prompt Consumer Behavior

Gift cards are a great incentive to get employees to perform a certain behavior at a certain time, aligning your customers to advance your business goals. A great example of gift card use for mutual consumer and retailer benefit is currently being displayed by Microsoft with relation to the phase out of Windows XP. Microsoft will cease providing support and updates for the operating system next week, so the software giant is providing gift cards to any consumers who purchases a laptop running Windows 8.1 and can prove they previously had a computer running Windows XP. The gift card is good for laptops over $599 and also include a limited amount of tech support. Windows needs consumers to phase out use of Windows XP to prevent security issues for their customers. And if you're running a computer with Windows XP, chances are you could use a new laptop. The leverage gift cards provide solve both issues, while still offering consumers a choice in which product they upgrade to and giving them a wide time range to take advantage of the offer. How could you use gift cards to leverage your consumers' behavior?
For more information on the Microsoft offer or to learn how to use gift cards to prompt consumer behavior check out this article from Incentive Magazine.

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