Are Gift Cards going Green?
At GiftCard Partners, we follow gift card technology closely and we’ve been doing some trend reporting on e-Gift cards (aka eCerts & virtual gift cards), mobile Gift cards (aka mCerts), and their place in
virtual wallets (see last week’s post:
Virtual Wallets: What are they…Really?). These technologies affect our clients (retailers) as they navigate through their adoption of technology across their retail locations, ecommerce sites, and in their B2B or bulk gift card business. It also affects our customers, as they receive their cards and deliver them to their end user differently. The end users, who receive the cards as part of workplace incentive programs or loyalty rewards, receive their cards fast and can use them with optimal convenience. Here, let’s take notice of yet another party that benefits from this technology…Mother Earth. In E-Gift Cards Pushing Out Plastic Credit, Earth911 highlights that implementing e-Gift card technology reduces the industry’s carbon footprint and “spares natural resources by offering retail credit via online delivery”. Decomposition resistant plastic card resins, laminates, inks & dyes combined with packaging and fuel for shipping…all are eliminated by technologists and the retail industries’ movement to Go Green with gift cards. Also consider that gift cards are just a tiny slice of the overall plastic and paper pie, if you add up all the payment methods that could eventually reside in a virtual wallet. Although consumer purchased gift cards were the first to go “e”, we are also seeing a strong migration in the more complicated to fulfill and distribute, B2B market. More than ½ of our clients already offer technology based gift cards and another ¼ of them are in the process now. As more retailers adopt non-plastic gift card methods, companies like
CashStarTM,
RevTrax® and
Transaction WirelessTM lead the way to provide critical pieces to make B2B bulk corporate gift cards widely available. Until our wallets are all virtual, encourage your cards’ recipients to recycle their used gift cards here:
Visit Alison Neumer Lara's Earth911 article.
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.
Are Workplace Wellness Programs Fostering Healthier Employees?
It’s un-debatable that more employers than ever are starting health and wellness initiatives since the inception of the Patient Protection and Affordable Care Act (PPACA). There are tax benefits for employers who offer health and wellness programs and we’ve seen lots of studies about how incentives like gift cards for success compliment these programs by driving interest, engaging participants, while boosting benefits packages and lowering health care costs.
But, the most important (and complex) question: Are employers really building healthier minds and bodies, while also increasing productivity? What about for the long term? A recent survey of more than 30,000 Ceridian LifeWorks participants presents us with a “YES!!”, via these results1:
New Research Reveals Cards Drive Increased Spending, Visits and Willingness to Support Social Marketing
It isn’t new for us to hear that prepaid cards are great motivators and incentives. But a new loyalty and prepaid survey reveals just how much prepaid has affected consumer spending habits and long term adoption when used in the B2B space as incentives. Here, we outline some of the most interesting tidbits and pair them with our market observations and viewpoints. Let us know your thoughts via the comments field.
Three C's to Maximize your Gift Card Incentive Program
Selecting the right gift card for your incentive program is crucial to its success. It's not just about satisfying your employees; it's also about staying within budget. Here are the "three C's" to help you maximize your gift card incentive program:
