Top 5 Digital Gift Card Trends for 2015
Now is a great time for your business to make innovative choices and stay ahead of the competition in 2015. As a marketer, one must assess the best options to further build your brand and drive greater customer engagement. Digital gift cards have been a growing trend in the gift card industry, and here are the top 5 digital gift card trends for 2015: 1.
Millennials Embrace Digital Gift Cards. - Millennials want instant gratification. They want their needs satisfied "right here, right now" so digital gift cards are a logical solution when it comes to this target group. In a
survey released by InComm last month, 18-35 year olds were likely to purchase at least one digital gift card during the holiday season. The main reason for digital gift cards is that they can be purchased any place at any time with just the click of a mouse. There is no need to get out of the house and wait in long lines at the grocery store. Another appeal of digital gift cards is that they are completely customizable; customers can send personalized text, pictures, and in some cases, even video. 2.
Building Your Brand - Smart marketers realize that in a digital world gift cards open up brand new marketing opportunities. The best brands are already catering to shifting trends and are inviting customers to a whole new customized gifting experience entirely online. A great experience is also likely to make a brands campaign go viral with social network sharing. 3.
Digital Gift Cards Will Decrease Average Breakage - One of the reasons that digital gift cards are reigning in popularity is that they are less likely to get lost compared to their plastic counterparts. A
survey by
Bankrate revealed that 40% of 18-29 year olds end up losing their plastic gift cards. With less loss, consumers are more likely to redeem the full value of the gift card and breakage rates begin to shrink. Customers will utilize what they pay for and that will strengthen the customer/brand relationship and customers tend to redeem gift cards for significantly more than the gift card value. Plus with digital gift cards being available on both mobile applications and mobile email, it's less likely the consumer will forget that the card is in their wallet. 4.
Loyalty Programs - As brands have embraced the shift from physical to digital gift cards, loyalty programs are following suit. As opposed to loyalty programs shipping out individual cards to end-customers, they are able to email a gift card right to their client for instant gratification. Brands will save on shipping and eliminate issues with lost gift cards and consumers won't have to wait to spend their gift. 5. M
arketers Can Bundle Digital Gift Cards with Products - For many years technology brands such as
Apple Inc., have bundled their brands. For instance "Purchase a Mac and get a $100 iTunes gift card." In 2015, more brands will follow this bundling method by offering a physical item with a digital gift card to make a more diversified and enticing promotion. Read the full story on The Top 5 Digital Gift Card Trends for 2015 at
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Inspire Teamwork & Engagement With These Video Clips
In today’s hybrid / remote work environment, many employees often feel isolated and lonely. On days with less meetings, employees can go whole days without talking to a coworker live and that can take a toll. Lonely employees are more than twice as likely to look for a new job than employees who are not feeling lonely.
As we use asynchronous communication more and more, like Slack and Microsoft Teams, sending memes and other lighthearted communications has become more normalized. But what if you’re looking to bring a remote team together?
Employee Engagement Ideas to Implement Now
Do you need employee engagement ideas to start the New Year off right?
Is your current employee engagement strategy working, or could it use a little tweaking? Low employee engagement is not just a U.S. problem. According to
Gallup's 2014 study, only 13 % of employees worldwide are engaged at work. While the U.S. does have the highest employee engagement rating, the numbers are still troubling when looking at those who are disengaged. At the regional level, Northern America (the U.S. and Canada), has an employee engagement level of 29% but 54% of employees are considered
Not Engaged, and 18% considered
Actively Disengaged. Higher employee engagement increases productivity, reduces absenteeism and can decrease health care costs. According to a 2013
report released by Gallup on the state of the American workplace, businesses are losing
$450-$550 billion annually due to active disengagement. Implementing some or all of the employee engagement ideas can help increase profits for your organization, all while having a happy, engaged workforce. Here are a few employee engagement ideas:
GiftCard Partners and Incentive CardLab Expand Card Options
Program managers looking to include gift cards into their programs now have a few more options. Gift card providers Incentive CardLab and GiftCard Partners have both announced expansions of the brands and services they are offering, with the latter adding four retailers to its roster and the former expanding into retail and e-gift cards.
Published in Working Mother Magazine Online: How Being Part of a Remote Workforce Works for Me
"Finding a company that allows me to work from home has allowed me to organize my life with my family my way. But it takes vision and commitment from the top down." by Stacey Sicurella.
My recent company-wide meeting brought it all together for my co-workers and I – how we have found a way to have our version