Unlocking Business Potential: Elevating Sales with Tailored Gift Card Management
In today’s competitive landscape, gift card programs are no longer just a convenient gifting option—they’re a strategic tool to amplify sales, foster loyalty, and expand brand visibility. By partnering with experts like GiftCard Partners, businesses can streamline their gift card programs, driving tangible growth and deeper customer engagement with powerful gift card marketing strategies.
Google Wallet, gaining steam, revolutionizing payment
It's baack, we have blogged about it before, but now it walks among us, so it seems time to revisit Google Wallet. It is the first smart phone app, only available on a very select few smart phone models, that allows you to complete payment transactions using your phone, instead of a credit card, or the prehistoric form of payment, cash. Google wallet is revolutionizing commerce, and how people recieve rewards. Imagine how easy it would be for a company running a health and wellness program to simply place electronic CVS/Pharmacy gift cards in their employees' Google Wallet accounts, instead of going through the hassle of ordering physical cards, and having to have the cards activated. As revolutionizing as Google Wallet could be, it will still take time to catch on. For one, it is not yet widely available, and it would be a bit of a stretch to say that people will switch cell phones, or even carriers for this technology. Additionally, it remains to be seen how many consumers will actually use the technology, given that a wide margin have expressed discomfort in using mobile technology for financial purposes, give the possibilities of identity theft and hacking. Google Wallet will revolutionize commerce, and the face of the gift card industry, just not immediately.
For more information on Google Wallet, from someone who has actually tested the technology, click here
Gift Cards as Loyalty Rewards will Blow You Away
Working in the B2B and corporate side of the gift card industry, this story caught my eye as it’s a clear indication of the power of gift cards as a consumer promotion and spending incentive. As a wanna-be power-user of my loyalty rewards and savvy consumer, I’m drooling over this story. Here’s what Cardratings.com has to say about recent gift cards offers as loyalty rewards & credit card promotions.“Bonus offers on credit cards have never been juicier, said Cardratings.com founder Curtis Arnold, who has followed the industry for about 10 years. Arnold said he was "blown away" recently by an offer he received -- and quickly snapped up -- for the American Express Business Gold rewards card. He'll get $500 in gift cards if he charges $2,000 in the first three months, plus the card's $125 annual fee is waived for the first year.” Beyond how cool it is to get a free $500 gift card bucks, I know when I am given gift cards as an incentive or request them through my loyalty & rewards programs, I truly feel like it’s a “gift for ME”. When I receive and spend credit card style gift cards (open loop) cards, I tend to spend them on practical items, like food shopping or gas or not remember where I spent them or on what. For this reason, I much prefer closed loop or brand/retailer specific gift cards. This is likely why Amex offers gift cards from specific retailers, rather than just their own…they are much preferred by employees as incentives, loyalty rewards program users, and consumers for incentive and promotions. For more on
how credit card companies are using bonuses like gift cards to woo new customers, click here.
Interesting Ways to Engage Customers or Promote Products with QR Codes
QR Codes, originally created in 1994 by the Japanese corporation Denso-Wave, have become a ubiquitous tool in modern marketing. They effortlessly bridge the gap between physical and digital realms, allowing businesses to deliver messages, coupons, gift cards, or direct links to websites. As their usage continues to rise, let’s explore some innovative ways QR Codes can engage customers and promote products.
Healthy Babies, Happy Moms: Family Wellness Incentives
In 2011, Cumberland County, NJ, grappled with an infant mortality rate of 8.9 per 1000 births, attributed to missed prenatal doctor's visits. To combat this, the county initiated the Baby Love program, incentivizing prenatal appointments with gift cards. This initiative aimed to ensure the health of both mothers and babies, especially in areas with limited access to proper prenatal care.
Fast forward to 2024, the program has evolved, integrating innovative strategies and partnerships. With updated statistics showcasing the program's impact, insights into its effectiveness have emerged. New initiatives, such as universal newborn home visiting programs, complement Baby Love, fostering comprehensive maternal and child health.
Parallel to corporate wellness trends, where incentives drive healthy behaviors, Baby Love aligns with health and wellness initiatives like office weight loss programs. The CVS/Pharmacy Select Card, designed for health and wellness, exemplifies the synergy between corporate and community health efforts.
Workplace wellness programs play a crucial role in fostering a culture of health-consciousness and proactive healthcare engagement among employees. By promoting healthy behaviors and providing incentives for participation, these programs not only improve physical well-being but also empower individuals to take charge of their health. This empowerment extends beyond the workplace, influencing employees to prioritize regular medical care, including prenatal checkups. By instilling a mindset of preventive healthcare, workplace wellness initiatives encourage individuals to seek timely medical attention, address potential health issues proactively, and adhere to recommended healthcare routines. In this way, the efforts of workplace wellness programs contribute to not only the overall health and well-being of employees but also to the broader community by promoting a proactive approach to healthcare utilization.
As communities embrace collaborative approaches to health, sharing experiences becomes pivotal. Have you participated in similar programs? Share your insights and experiences in the comments.
Get more information on Cumberland County's Baby Love program and its journey.