Pay-When-Use Gift Cards Help Control Retailer (and Employer!) Costs
Canadian mobile gift card vendor, Kiind, has put the gift card industry on its head. Kiind offers a pay-when-used gift card system
that doesn't charge the purchaser until the recipient has taken the gift card in-store and used it. Since unused gift cards have cost both retailers and gift-givers an immense amount of money, Kiind's technology allows gift cards to become a lower-risk proposition.
Say Thank You to Employees
The holidays are a popular time to give thank you gifts, both monetary and materials. Here's how to say "thank you" to your employees, now or any other time.
2013 Key Holiday Gift Card Trends
The Retail Gift Card Association (RGCA) recently released their Holiday Gift Card Trend Tracker Survey results, and there are some great notes for our retail and merchant clients, and for our B2B gift card customers as well. How are retailers approaching this year’s news that consumers will spend less during the holidays this year than last? The RGCA states, “…despite the tight wallets, there is a silver lining for many retailers: retail gift cards.” They found in their survey that 73% of consumers will spend less this holiday shopping season, while 74% will buy and give at least one, and as many as five, gift cards as gifts. GCP’s customers, B2B gift card buyers, purchase gift cards in bulk and can also be pleased with these trends. Whatever consumers are doing, B2B buyers will want to be aware of and follow suit.
Whether you are a retailer looking for the latest gift card trends or a B2B gift card buyer, you’ll want to
check out the RGCA’s Full White Paper and Report.
Employee Gifting Guide
It is the most wonderful time of the year, or the most confusing. Figuring out your employee gifting/holiday bonus program can be a real pain. How to be fair, how to reward the hardest workers, how to keep everyone happy. Here are a few tips to get you through the employee gifting cycle without a scratch.
46% of Employees Feel Appreciated By Unexpected Rewards
It is now officially the holiday season (not that retailers didn't get a head start on that about a month ago!) and as employees look forward to year
-end bonuses, some employers use smaller rewards earlier in the holiday season to get employees energized before the holiday break. Here are 3 key stats from Glassdoor's Employee Appreciation Survey:
