What is the best gift card to sell?

For retailers the best gift cards to carry in their store for sale is the ones to their own business. It’s an easy gift someone can give, if he or she has no idea what present to get. The recipient can choose what to get and most likely will spend more than the gift card’s value, typically 38% more. Plus 8% of gift cards sold are never redeemed. This also makes your store gift card a good rewards item in a store reward program or give away.

Key Takeaways:

• It is best to sell giftcards to your own shop
• If you aren’t offering giftcards in your shop, you could be missing out on a lot of sales and costs
• The most popular gift card amounts are $25 followed by $50

“If you aren’t offering giftcards in your shop, you could be missing out on a lot of sales and costs.”

http://www.possolutions.com.au/blog/what-is-the-best-gift-card-to-sell