Q4 2024 Gift Card Industry Aggregate Newsletter
Each quarter, our team of industry experts shares key insights from the latest research and publications on gift card and payments trends. Explore the latest developments and see what patterns and shifts the GiftCard Partners team has observed this quarter in the gift card industry.
Top Gift Card Brands for Corporate Gifting in 2024
As the holiday season approaches, companies are gearing up to show appreciation to their employees and clients. Gift cards have long been a favorite for corporate holiday gifting due to their flexibility, ease of use, and broad appeal. According to a recent survey, corporate gift recipients prefer to receive gift cards as their #1 choice.
Timing and Denomination for Holiday Employee & Customer Gifting
The holiday season is a crucial time for businesses to express appreciation to their employees, clients, and partners. In an industry valued at a staggering $242 billion, corporate gifting is not just a kind gesture—it’s a strategic investment. Over 78% of businesses report that corporate gifts offer a substantial ROI, particularly in terms of brand recognition and relationship building. As we approach the holiday season, it’s essential to plan gifting strategies carefully, focusing on the timing and denominations to ensure maximum impact.
4 Ways Businesses Can Use Gift Cards to Enhance Back to School Sales
According to Deloitte Insights, the back to school season is estimated to be around $34.4 billion. Students, parents, and teachers are gearing up for the new academic year, and that’s a great opportunity for businesses to boost their sales and expand their customer base. In this article, we'll dive into the top ways businesses can maximize their sales during the back to school season.
3 Ways To Incentivize Employees By Using Gift Cards
With spring just around the corner, now is the time to start thinking about new ways to incentivize your employees using gift cards that appeal to their interests.