What is a Digital Gift Card?
A virtual card that can be used for making purchases in your store. Digital Gift Cards, also referred to as e-gift cards or electronic gift cards contain a gift code assigned by the brand and are sent via email.
These cards are very effective when you have an indecisive buyer in your store. Many brands have an option of digital gift cards of various amounts. Sellers decide a range and terms and conditions for the validity and usability of the card.
In case of physical gift vouchers, buyers can choose from a wide variety of designs and colours. The best part is that they can be customised with your logo or brand name on them, making them more attractive to customers.
Digital Gift Cards, also referred to as e-gift cards or electronic gift cards contain a gift code assigned by the brand and are sent via email.
These cards are very effective when you have an indecisive buyer in your store. Many brands have an option of digital gift cards of various amounts. Sellers decide a range and terms and conditions for the validity and usability of the card.
The benefit of using digital gift cards is that they are secure and convenient to use. As they are usually delivered electronically, there is no need to worry about losing them or carrying them around with you. You can simply keep them on your mobile device until you need it. If you wish to buy something from another retailer, you can use the same card at another store too!
Digital Gift Cards are also useful when you want to give someone a gift but do not know their size or color preferences etc.. You can send them an e-gift card with a message attached that says ‘Here’s your own personalised gift’.
How do E-Gift cards work?
E-gift cards are a great way to give gifts to friends, family and loved ones. They are also a great way to promote your business and get more customers. When sent over the recipient’s email address, they can redeem the gift card on the Brand’s website by applying the gift code on the checkout page or adding the amount to their store wallet. Once applied, the product amount falling under the gift card amount is discounted. E-gift cards can be sent to anyone anywhere all over the world.
Benefits of E-Gift Cards:
E-Gift Cards are easy to use and you don’t have to worry about losing them!
You can send an e-gift card from any device or computer with internet access.
They have no expiration date or hidden fees attached!
Boost Brand Awareness
The gift cards industry is one of the fastest growing industries in the world. The market for gift cards is expected to reach $160 billion by 2022, according to the National Retail Federation.
With such a high growth rate, it is important for businesses to understand how they can benefit from digital gift cards. Here are some of the benefits of digital gift cards:
Reduced Costs – Unlike physical gift cards, digital gift cards do not require any printing costs or shipping charges. This helps you reduce your overall cost while increasing your profitability.
Increased Sales – Another benefit of digital gift cards is increased Brand Awareness. It is very much possible that the person receiving the gift card may have never heard of your brand.
A gift card allows them to try out your products and get a better insight into your brand. If the recipient likes your offerings, there are certain chances that he or she will buy a similar gift card for their loved ones, hence boosting your brand awareness.
Your brand logo in the gift card gets your brand noticed. Moreover, unlike physical gift cards, digital gift cards, loyalty rewards points can be sent from anywhere to any part of the world, which gives your business a global reach
Hi, I am James Aaron, a professional Data recovery Engineer, working with Quickbooks Data Services as a consultant from the past five years in the USA. I am a specialized and trained Cloud consultant who helps small and medium-sized entrepreneurs. QuickBooks Closes Unexpectedly | QuickBooks Error H202 | QuickBooks Unrecoverable Error | QuickBooks Error 1712 | This Company File Needs to be updated | QuickBooks Restore Failed | QuickBooks Email not working | QuickBooks 2020 end of support
