One Restaurant location, after putting in the dedicated table, increased their Gift Certificate business by 37% for the first year and then an additional 8% the very next year. This has been a big boost to gift certificate sales. This has also dramatically increased the sales for the first quarter of the next year through the Guest Certificate.
December can be the busiest month of the year if you effectively handle gift certificates. Let me tell you about a good p promotion.
If you purchase a minimum increment of a $100.00 in gift certificates between Thanksgiving and the first of the year, you will receive a $20.00 "Bonus" Guest Certificate FREE. This twenty dollar bonus is a great way to boost your December sales. Some restrictions apply to the Bonus Guest Certificates. The Bonus Guest Certificates are only good from January 1st until March 31st and cannot be redeemed for cash. This is designed to drive your business on the first three months of the year which are traditionally three slow months. This promotion brings business in during this slow time and it encourages and drives the sales of gift certificates during December and a minimum of $100.00 increases the transaction size. Those Customers who used to spend $50.00 or $75.00 on gift certificates now spend $100.00 and then get $120.00 / $20.00 of which must be spent after the first of the year and before March 31st.
You may think that this is a big discount, giving a $20.00 ADDED Bonus Guest Certificate. But, you need to understand that ultimately 50% of the Guest Certificates do not get redeemed. The 16.66% discount amounts to only about 8% because not all of these Guest Certificates get used. The sales results will be very impressive.
You can promote the sale of gift certificates through your newsletter and through posters tastefully done in the Restaurant and on your website. If you have 10,000 customers and only 1% participated in the purchase of gift certificates at the minimum purchase of $100.00, this would be $12,000 in purchases. If you could enjoy a 10% return, it would be $120,000.
Putting a dedicated table in the entryway of the Restaurant would make it an easy way for your Guests to purchase the gift certificates and take the job away from an already busy staff. The sole responsibility of this Employee would be to sell the gift certificates. This would be a great temptation for your Guests to purchase while they are visiting your Restaurant. You would put the gift certificates in a nice gift envelope for the Customers, according to the dominations they want (i.e. $20.00).
The redemption on the "bonus" Guest certificates was only about 50% which puts your discount of 16.66% to 8.33%. If the Gift Certificates were given in $20.00 amounts it means that you would bring in five parties from the $100.00 sale.
Bonus Discount - The "Bonus" Guest Certificate only has a three month life. This is a very simple promotion and it works. By and large, the people who buy the gift certificates are loyal Customers and it gives you the opportunity to "reward" their patronage. The "Bonus" Guest Gift Certificate is a different size and color than the regular Gift Certificate. Regular Gift Certificates can be $20/$25/$50/$75 or $100.00 amounts. If the Guest did not have a preference, I would give them 5 - $20.00 Gift Certificates for $100.00 and 1 - $20.00 Guest Certificate . Any denominations can be combined to make the $100.00 special and then receive $120.00 worth of value. The redemption rate on regular gift certificates are about 80%, therefore 20% are not redeemed, while only 50% of the Guest Certificates are redeemed and they must be redeemed before 31st March the next year.
Gift certificates are the fast and easy way to say Happy Birthday, Happy Anniversary or Just Because. They give the gift of choice, whether it is something new or something old you choose to buy with your gift certificate. Gift certificates will always be something that will never get old receiving or giving.
Make Own Gift Certificates
Now that online shoppers have realized the true potential of online shopping with eBay, they offer their customers a better and easier (not to mention cheaper) way of doing their transactions with eBay. eBay Gift Certificates!
eBay gift certificates are available to anyone who wishes to buy one. No eBay registration or eBay membership is required to get your hands on this baby. They can be purchased though PayPal. One of its yet better points is that while paying for your gift certificate, you can choose to sign up for your account at PayPal.
But the customers and all online shoppers must always be careful about the terms and/or conditions regarding the gift certificates. Always be alert and reminded about the expiration date of the gift certificates, this way, customers can always make full use of their eBay GCs. The gift certificates from eBay are wonderful gifts to the people dear to us. With an eBay gift certificate, we share the joys of shopping online through eBay. Ebay Selling has never been easier to start! We urge you to come find out more.
But as anything, there is a catch. The catch is not all eBay gift certificates will be redeemed. Only those that pass the following requirements will be redeemed.
1. The one who sells the item on sale accepts PayPal as one of the ways to pay for their merchandise.
2. The original price of the item on sale must be in Pounds Sterling, Canadian Dollars, Euros or US Dollars.
3. The owner of the GC has ten days after the item on sale has been closed at eBay to pay for the merchandise through PayPal.
There are rare occasions that and eBay gift certificate will expire. Customers or purchasers of the gift certificates are also not required to pay maintenance fees on unused balances of the gift certificate. If the price of the item that a customer is buying cannot be covered by the gift certificate alone, the buyer needs to supply the remaining balance through paying from another fund source at PayPal (which can either be credit card or bank account).
eBay gift certificates can be spent when the customer wishes to buy an item or have won an item at eBay that passes the requirements mentioned above. To do this, when you have chosen the item that you want, select the word Paypal for your payment method. (Don't panic if it reroutes you to the PayPal site, this really happens) Log in to PayPal and write down the redemption codes found in the Check Payment Detail. Look for the Add/Select button and click on that to enable you to use your GC. You redeem your gift certificates this way and the seller of the item receives the payment through PayPal.
Start Your Own Ebay Business!
Registering to sell on eBay is pretty straightforward. If you are a new user, you will need to provide some basic personal information. If you are already registered as a buyer, it's even easier: just log in and click the Sell tab. Either way, once you are registered and logged in, you are on your way to selling your first item
Both Ron Wilkinson & Plusa are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Ron Wilkinson has sinced written about articles on various topics from Marketing. To receive 6 FREE Marketing Lessons and to learn more about using marketing software to Guarantee Increased Profits call us at 1-888-776-3484 or visit us at
Calf Exercises For Women Its good to avoid calf problems by training them just as intensely and as seriously as every other muscle group