Merchant Account Blog & Credit Card Processing Blog

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GIFT CARD PROGRAM - INCREASE SALES !!!!!!!

Well the holiday season is upon us and adding a gift card program to your merchant account can be a great opportunity to increase your bottom line profits. Gift cards offer merchants many benefits which can equal more customers and greater profits.

First, a gift card sale is like a cash advance on a potential sale in the future which may never happen, as many times gift cards are never redeemed. This is called “Breakage” and will occur about 10%-15% of the time. Keep in mind this is pure profit.

Secondly, most gift cards are not redeemed at the Full Value, increasing your profit’s by 5%-10%. For those who do redeem the cards at 100% Face-Value, they usually tend to over spend the value, thus increasing your per ticket sale amount, thus increasing your profits.

Lastly, gift card sales will become Free Advertising for your business. Many folks who receive a gift card will be first-time customers to your business, increasing your customer base. Many of those folks will become loyal customers, who return again.

100 FREE GIFT CARDS - WITH CREDIT CARD PROCESSING

We are offering 100 Free Gift Cards with our JumpStart Program. This flat-fee program has no transaction fee’s and is a great way to get started selling gift cards this holiday season. Credit card processing merchant account is required.

MARK SANDS
1st National Processing
http://www.usa-merchantaccount.com
1-866 828-8683

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Selling Gift Cards = Profits

Selling gift cards can increase your bottom line by, adding new customers, putting advance cash into your business, and profiting from un-redeemed values. Lets take a look at each, strating with new customers. Gift card purchasers must think highly of your products or services to consider giving them as a gift. This is kind of like a recomendation to their freinds and family. As these gift cards are redeemed you will introduce your business to these new customers.

Secondly, a gift card sale is a “Cash Advance” for the possiblity of a future sale. You can use this cash advance as you like. For example to re-invest in inventory, advertising for your business, overhead expenses, ect. The greatest bennefit is that it is interest free money.

Thirdly, is the profit you will receive from “Breakage”. Breakage is value of the gift cards which are never redeemed. Most times the full-value of the gift card is not redeemed and many times the gift card will neverr be redeemed at all. A conservative estimate would be 15% of all gift card sales are never redeemed. Keep in mind, that is pure profit.

Many gift card programs vary in cost including statement fees, transaction fees, and discount rates. We offer the Valutec Jumpstart Program, which highlights a Flat Fee of $39 with includes 100 Free Crads, no transaction fees, and no discount rate. We feel our giftcard program is the most cost effective on the market today. We also offer programs for larger businesses doing high volume gift card sales.

Call us today to discuss your gift card needs.

MARK SANDS
http://www.usa-merchantaccount.com

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