Impact of Closed-Loop Gift Card Promotions By Businesses

Autor: Kathryn W. Ernstberger, D. McDowell, J. Parris
Jazyk: angličtina
Rok vydání: 2013
Předmět:
Zdroj: International Journal of Business and Social Research, Vol 2, Iss 6, Pp 190-197 (2013)
ISSN: 2164-2559
2164-2540
Popis: At their inception, gift cards were sold by businesses to customers to give as gifts to others. More recently, gift cards are beingused strategically by businesses to manage and transform their relationships with customers. Of particular interest here is the closed-loop gift card that can only be redeemed at the business whose name is on it. This analysis discusses the impact of closed-loop gift card promotions and evaluates the impact of these promotions ontotal spending, lift and redemption rates.
Databáze: OpenAIRE