Stored Value Cards
What are Stored Value Cards we hear you ask?
Have you ever purchased a plastic card, like a Starbucks Coffee card and loaded money on it and then spent it down and reloaded it with more money?
Well if thats so then that’s a Stored Value Card. A stored value card is one where you purchase the card from a retailer, you then over a period of time use the value up but then decide to add more money to it and continue using it.
Retailers all over the world are excited by the opportunities stored value cards possess.
For example a coffee shop sells 100 cards at $20 to its customers. In this immediate moment of selling those cards, the coffee shop has generated $2000 worth of sales without one cake or coffee being sold.
These 100 customers have decided that the coffee shop is so good they don’t want to have to find money each time they visit, they just want to turn up and use their pre paid coffee card.
The coffee shop owner is excited because he’s bought forward $2000 in sales and most of these customers will now register on his website thus building him a database. Now he can offer his valued customers specials no one else knows about.
He knows he’s banked $2000 in future sales because his customers can’t spend their money anywhere else. What a great system
Gift Cards, why most people will get one this year.
Have you ever come to buy a present for someone and not known what to buy them. It’s the age old problem these days.
It comes from a combination of no really knowing people well enough to know their likes and dislikes and the lack of time we have today to put towards buying gifts.
We’re all too busy.
So why are gift cards popular?
They save people time and money
They save people from feeling awkward about buying the wrong gift.
They allow the receiver to choose their own gift
They’re simple to buy.
These are just some of the reasons.
What business have you come across recently that are still issuing gift certificates or no gift vouchers or certificates at all.
Dynamic Rewards has an extensive experience in the sale and provision of gift card systems. When looking for businesses to refer to us to earn your 10,000 points think of businesses who can replace their old gift certificate systems with a new gift card system.
Restaurants need a new customer focus
It nevers ceases to amaze how restaurants seem to stay in business.
One thing we all have is limited time, restaurants are like airlines, don’t fill the seat and you’ve lost any chance of revenue today.
Restaurants are great advertisers, discount givers yet seem to be the largest complainers of lack of profit. Why is this so?
Could it be that their whole lives they’ve thought that discounts, buy one get one free offers and the like were the only way to attract business? It used to be loyalty of the regulars that kept restaurants going but thats all dissappeared today.
Why is it that restaurants work so hard to get you in but when they’ve servered you and taken your money, they let you walk right out again? And guess what, they have to continue advertising again to get the next customer in.
Imagine if they captured your name, address, phone and email address and offered to add you to their VIP program (Dynamic Rewards) so they could thank you for dining, offer you a special birthday gift or send a Christmas card. Most people would agree to be joined up if put in a pleasant helpful interested manner.
So if you’ve been to a restaurant where you walked in, ate, cashed in a great discount offer and walked out and they’ve never followed you up and we’ve all been to at least one, then go and BLITZ them. They need to hear about Dynamic Rewards.