In In this blog post we uncover the question many of you are asking, "How do e vouchers work?" Read here to find out more.
You can buy an electronic voucher from many different types of businesses these days. Whilst e vouchers were originally exclusive to retailers, many businesses in the service industry are seeing the benefits of turning their service into a gift. E vouchers can be in the form of monetary value or an experience- otherwise known as experience gift vouchers.
E vouchers are usually sent to customers by email sometimes SMS, often with a personalised message.
A lot of people are using e-vouchers these days, as they can be purchased and sent to recipients that same day.
There is an additional benefit of working with e vouchers. They offer instant access to deals and promotions on the go and make a great alternative to paper vouchers.
As your customers can use e vouchers to purchase valuable goods and services, it’s imperative that your e-voucher system has necessary security measures in place. This is to help prevent the loss, misuse or alteration of the information received.
One of the reasons why it's important to keep information such as your passwords secure is that if they're easy for other people to access, it makes your account more vulnerable.
The generated e-codes should be stored in a safe and secure place using high level encryption to avoid data being intercepted during transmission.
You should be able to track the delivery of all e-vouchers provided by your system. Either through a tracking service or by receiving management information about deliveries.
Customisation and personalisation is not only important to our end users- the consumers, but also to you selling the vouchers.
Your voucher system should be flexible and easy to use, with a variety of options for the design of your e-vouchers or you might not find much success in your marketing campaign. This will allow you to design your product and offer it to consumers as part of a seasonal offering or as a promotional opportunity. The consumer can then personalise the gift, such as by adding additional messages and add-ons for more themed experiences.
E-Vouchers have many advantages over traditional vouchers. Below we will discuss the benefits:
E vouchers are easy to generate with unique identification codes on all vouchers.
Cheaper to produce with no stock needed.
With e vouchers your customers won’t require shipping, which means no shipping fees to pay. E vouchers end up saving the customers money.
Instant revival to inbox and can be sent to multiple customers simultaneously.
E vouchers are eco-friendly with no paper or plastic waste.
Believe it or not, many gift vouchers are purchased on Christmas Day. E vouchers make it easy for customers to purchase and send to their loved ones as a last-minute gift idea.
E-vouchers are a great way to entice customers to buy from your business. They are also a perfect solution for small businesses that want to offer their customers incentives but don't have the budget for it.
The idea is that you create a voucher and offer it as an incentive for customers to purchase from your business. The voucher can be redeemed online or in-person at your store. When the customer redeems the voucher, they will be able to receive a discount on their purchase or get some other type of reward.
There are many ways that you can use e-vouchers for your business and we will go over some of them below:
E vouchers can be a great way to encourage new customers to return to your company and try again, which also helps your cash flow.
This is a great way to bring back old customers that you have lost over time and it will not only help your store's cash flow but also gain new ones.
Offer new customers the chance to get freebies or discounts on future purchases. This is a great way to entice new customers and introduce your store as a brand.
As well as the benefits of selling e vouchers for your business, e-vouchers also double as a great marketing tool for any business. They provide a convenient and easy way to give customers the opportunity to buy your products or services.
There are many different ways in which you can use e-vouchers to your advantage in marketing. For example, you could offer vouchers as a reward for completing an online survey or as part of a competition.
You could also offer them as rewards for referring new customers, or as part of an incentive scheme such as “buy 10 get 1 free”.
Many companies are now offering their e vouchers as a gift from their social media competitions. This is a great way to raise awareness for their products and services, but word will spread fast.
E vouchers are a popular marketing tool for businesses. It’s mainly used as an incentive to encourage customers to buy from the business.
1) Offer a discount on the voucher price in order to make it more attractive and affordable for customers.
2) Include a time limit on the voucher so that people feel like they have to use it before it expires and they lose out on the discount.
3) Offer your e vouchers in the form of experience vouchers.
Selling e vouchers for your business is a smart idea. As well as the convenience of ease to your customers, you’ll make huge cost savings too.
If you’d like to find out more about how do e vouchers work, and which voucher systems are the best to use, check out our product. Here at Enjovia we are experts in gift voucher systems and always here to help you improve your gift voucher journey.