{"id":3059,"date":"2017-11-22T21:38:51","date_gmt":"2017-11-22T21:38:51","guid":{"rendered":"https:\/\/web.givex.com\/dont-get-trampled-at-this-years-black-friday-sale-here-are-5-ways-that-givex-can-help-0\/"},"modified":"2022-12-06T19:39:22","modified_gmt":"2022-12-06T19:39:22","slug":"dont-get-trampled-at-this-years-black-friday-sale-here-are-5-ways-that-givex-can-help-0","status":"publish","type":"post","link":"https:\/\/web.givex.com\/pt\/news-insights\/dont-get-trampled-at-this-years-black-friday-sale-here-are-5-ways-that-givex-can-help-0\/","title":{"rendered":"Don\u2019t Get\u00a0Trampled\u00a0at\u00a0This Year\u2019s\u00a0Black Friday Sale. Here Are 5 Ways That\u00a0Givex\u00a0Can Help"},"content":{"rendered":"

It\u2019s that time of the year again, where the whispers of Christmas carols begin to fill the air and deal-crazed shoppers are out to roam the streets. Over the years, Black Friday has become a time of excitement, unbelievable offers and a\u00a0bigger\u00a0turn out\u00a0than\u00a0the previous years. It has been projected that total spending this year will be $630 billion. One can say it is a kick starter for the holiday season. But don\u2019t stress, here are 5 ways that\u00a0Givex\u00a0products will help you survive\u00a0either your first or your\u00a0fiftieth\u00a0Black Friday\u00a0season.\u00a0\u00a0<\/span><\/p>\n

<\/p>\n

1)\u00a0\u00a0\u00a0 Gift Cards<\/strong>\u00a0<\/span><\/p>\n

As the gift card industry is expecting to\u00a0hit\u00a0$160 billion in total value by 2018, it is highly likely that you want to be providing\u00a0a varies\u00a0of gift cards. The average consumers spend on average $213 each year on gift cards. It\u2019s a great tool to encourage repeat visits as 55% of gift card recipients require more than one shopping trip to spend the entire balance of their gift card. From gift card\u00a0processing, to gift card production and fulfillment,\u00a0Givex\u00a0makes it easy for you to start a gift card program tailored to your needs. Turn new customers into repeat customers\u00a0by providing more opportunities to purchase.\u00a0<\/span><\/p>\n

2)\u00a0\u00a0\u00a0 Discounts<\/strong>\u00a0<\/span><\/p>\n

As the projected spending for this year\u2019s Black Friday is around $630 billion it is evident that this is the time when customers are out looking for the best prices possible with the most savings.\u00a0<\/span>presenting unique discounts\u00a0<\/span>will\u00a0<\/span>lure<\/span>\u00a0customers to your business. There are many offers that can be performed through your POS systems. BOGO offers are used often during this season<\/span>.<\/span>\u00a0<\/span>If you are concerned about\u00a0<\/span>new<\/span>\u00a0seasonal\u00a0<\/span>employees properly ap<\/span>plying promotional discounts while dealing with the increased customer traffic, ensure that your POS system is set up to automatically\u00a0<\/span>process offers and fa<\/span>ctoring them into your reporting.<\/span>\u00a0<\/span>Vexilor<\/span>\u00a0discount enhancement allows discounts to be set up automatically and is applied as soon\u00a0<\/span>as the<\/span>\u00a0<\/span>qualifying item is scanned<\/span>.\u00a0 Discounts integrated into Rewards can be issued as free rewards to a customer who purchase targeted products. With\u00a0<\/span>Vexilor<\/span>\u00a0POS you are able to set up\u00a0<\/span>various\u00a0<\/span>promotions, keeping your customers always on their toes with new, and unique discounts.\u00a0<\/span>\u00a0<\/span>\u00a0<\/span><\/p>\n

3)\u00a0\u00a0\u00a0 Inventory Management<\/strong>\u00a0<\/span><\/p>\n

The last thing any business owner wants to\u00a0encounter\u00a0is having a swarm of customers and no inventory. This can have a negative effect on your business for two reasons. First, as a business, you are losing the opportunity to sell a product to customers who are willing to purchase more than one item, and some being high ticket items. Secondly, customers may lose faith in the store\u00a0due to the negative experience, resulting in a decrease\u00a0in\u00a0customer loyalty.\u00a0<\/span><\/p>\n

With\u00a0Vexilor\u00a0POS, automatic replenishments setting allow merchants to monitor inventory in greater detail, you are able to set quantity thresholds which can place orders automatically. You can even set up notifications\u00a0on your POS system to give you a heads up when supplies are running low so that inventory is ready for Black Friday. To help with online sales, you have the ability to update inventory online and in-store in real-time.\u00a0 This way you will be fully stocked for the busy season without the fear of inventory compromising the revenue you will be\u00a0bringing\u00a0\u00a0in.\u00a0\u00a0\u00a0<\/span><\/p>\n

4)\u00a0\u00a0\u00a0 Loyalty Program<\/strong>\u00a0<\/span><\/p>\n

In the crazy rush of the holidays, it\u2019s important to reward\u00a0customers who are frequent shoppers by offering incentives. With\u00a0Givex, customize your rewards specific to these holidays to encourage customers to purchase more and come back frequently. Use our Member Tiers to provide unique privileged rewards to your most valued customers, while using targeted incentives to encourage casual customers to be more loyal.\u00a0\u00a0<\/span><\/p>\n

5)\u00a0\u00a0\u00a0 Online Ordering<\/strong>\u00a0<\/span><\/p>\n

Now more than ever, customers are purchasing their Black Friday finds online instead of visiting physical stores. According to Adobe consumers spent $3.45 billion on Cyber Monday. This year ensure that your online ordering flows seamlessly by integrating it with your POS.\u00a0\u00a0<\/span><\/p>\n

With these 5 tips, we\u2019re sure that you\u2019ll be able to make the most of this Black Friday and have the foundation in place to make next year\u2019s Black Friday even more successful!\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Don’t let the busy season of Black Friday bring your business down. Find out how Givex products can help you survive.<\/p>\n","protected":false},"author":27,"featured_media":3060,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[29],"tags":[70,69,68],"product":[31,33],"class_list":["post-3059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-news","tag-gift-cards","tag-loyalty","tag-point-of-sale","product-gift-card-loyalty","product-pos"],"acf":[],"yoast_head":"\nDon\u2019t Get\u00a0Trampled\u00a0at\u00a0This Year\u2019s\u00a0Black Friday Sale. Here Are 5 Ways That\u00a0Givex\u00a0Can HelpShift4<\/title>\n<meta name=\"description\" content=\"Don't let the busy season of Black Friday bring your business down. 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