Skip to content
  • Soporte
  • Nuestra Plataforma
    • Cómo funciona
    • Integraciones
    • Programa de socios Givex
      • Conviértase en un revendedor
      • Soporte de terceros para POS
      • Recomiende a un cliente
    • Productos
      • Tarjetas de regalo
      • Programas de lealtad
      • GivexPOS
        • QSR
        • Restaurante
        • Venta al por menor
        • Recintos deportivos
      • Emisión de boletos Uptix
      • GivexPay
  • Empresa
    • Sobre nosotros
    • Carreras
    • Relaciones con los inversores
      • Gobernanza
      • Informes financieros
      • Noticias y eventos
      • Cobertura de analistas
  • Blog
    • Novedades y perspectivas
    • Estudios de caso
    • Eventos
    • Noticias de Invesionistas
  • Contacto
Reserve una demostración
Woman enjoying a coffee while holding a Givex gift card and cell phone

Gift Cards to the Rescue

Date febrero 7, 2022

Author Carlos Cadenas

Share

  • Share on LinkedIn - opens in a new tab LinkedIn
  • Share on Twitter - opens in a new tab Twitter
  • Share by Email
  • Copy URL Link Copied

According to a recent Retail Insider op ed authored by Givex chief commercial officer Mo Chaar, gift cards have become a popular option for businesses and customers alike, and it’ll stay that way.

Canadian businesses significantly increased their gift card sales in 2020 and 2021 compared to past years. Why? The pandemic and supply issues caused food and merchandise shortages in restaurants and stores across the country. Add labour shortages and inflation into the mix, and you have the perfect storm that challenged traditional business models and revenue streams.

Luckily, gift cards came to the rescue.

Helping businesses survive

Gift cards became essential when mandated lockdowns stopped in-store shopping in 2020. Then, supply-chain issues starting in 2021 made finding a present tough, leading to more gift card purchases. Business owners who took advantage of this trend helped keep their businesses alive by maintaining revenues through gift card sales.

Helping businesses succeed

iFood is a perfect example of how gift cards help a business succeed. iFood, a Brazilian mobile app and online food delivery platform like SkipTheDishes, moved its gift card program to Givex in 2019 and together launched the iFood Card that’s used with the iFood app to order food, groceries, pet and pharmacy products and services across Brazil.

iFood sold more than 10 million cards in under two years, gaining new customers, and supporting Brazilian restaurants during the COVID waves and supply chain issues.

Strengthening communities

Gift cards also strengthen communities during tough times by providing a way for customers to support their favourite local businesses that are struggling during the imposed lockdowns and capacity limitations. Whether it’s ordering groceries or picking up dinner, gift cards make it easy to support neighbourhood business owners when they need most.

With gift cards remaining popular in the future, restaurants and retailers should seize this opportunity, and try to copy the success of iFood and offer a physical or digital gift card to their customers. It could help keep their businesses alive during tough times, increase revenues in good times, and build stronger, more engaged communities.

Find Out More

Could your business benefit from Givex’s world-leading gift card programs? Find out by clicking here and reaching out to us today!

Related Company News

See all
  • Date agosto 1, 2023

    Author Lauren Moorman

    Givex Announces Second Quarter 2023 Financial Results

  • Date julio 24, 2023

    Author Malaga Mashrur

    Employee Spotlight: Allard Marchand, Program Administration and Control (PAC) Manager

  • Date julio 18, 2023

    Author Lauren Moorman

    Tesco Café selects Givex for UK-Wide digital café rollout

TSX: GIVX

OTCQX: GIVXF

TSX: stock symbol

Únase a nuestro boletín para estar al día

Al hacer clic en el botón anterior, confirma que está de acuerdo con seguir nuestra política de privacidad.

Este campo es un campo de validación y debe quedar sin cambios.
  • Nuestra plataforma
    • Reserve una demo
    • Cómo funciona
    • integraciones
    • Programa de socios Givex
    • Reserve una demo
  • Productos
    • Tarjetas de regalo
    • Programas de lealtad
    • GivexPOS
    • Emisión de boletos Uptix
    • GivexPay
  • Empresa
    • Sobre nosotros
    • Relaciones con los inversores
    • Carreras
    • Contacto
    • Novedades y Perspectivas
  • ¿Ya eres cliente?
    • Soporte
    • Soporte
  • Síguenos
    • YouTube
    • LinkedIn
    • Twitter
© 1999-2023 Givex Corporation. All Rights Reserved.
  • Política de privacidad
  • Políticas
loading

Please wait while you are redirected to the right page...

Location

North America

  • Canada
  • US
  • Mexico

Latin America

  • Brazil

EMEA

  • UK
  • Switzerland

Asia

  • Hong Kong
  • China
  • Singapore

Oceania

  • Australia

Language

  • Chino simplificado
  • Inglés
  • Francés
  • Portuguese
  • Español
  • Spanish (Mexico)