1 in 4 Gift Cards are redeemed by new users
The gift card model came through as one of the most valuable strategies for business transformation and growth at Innergize 2023. Industry leaders shared their experiences on gift cards as an effective way to add new customers and boost revenues. Data also shows that over 60% customers spend more than the value of the gift cardwhile redeeming them. Boosting business revenues significantly.What’s not to like about that!