globehall.com globehall.com
Main :> About Us :> Place Your Link :> Security & Privacy :> Terms & Conditions :> Add Your Article
Search:   
Add URL
 
 

Academics & Learning

 

Sports

 

Hygiene & Health

 

Drink & Food

 

Automobile & Automotive

 

Estate & Realty

 

Fashion & Relationships

 

Companies & Business

 

Issues & News

 

Indoor Games

 

Computers & Software

 

Self Management

 

Jobs & Employment

 

Hotels & Travel

 

Medicine & Treatment

 

Technology & Science

 

Investment & Finance

 

Entertainment

 

Teens & Kids

 

Art & Creative

 

Garden & Home

 

Policies & Law

 

Shopping Online

 

People & Society

 

Main › Entertainment › Greetings & E-Cards
 

Are Gift Cards the Best Gift?

 
Author: Stuart Simpson

January's retail sales strength is reflected in people redeeming their Christmas gift cards. The average adult received 3.2 gift cards this holiday season, up from 2.5 gift cards last year. Gift cards are more popular and this also moves spending into January. Consumers are also interested in receiving gift cards at other times that just at Christmas.

A survey by Deloitte & Touche USA found:

  • 80% of adults received at least one gift card to an apparel or food store

  • 33% received at least one gift card to a restaurant

  • 14% received one gift card to a mall or shopping center

  • 10% received a gift card that could be used at a variety of stores (e.g., an American Express gift card)

  • 5% received at least one for a personal service such as a manicure or massage

  • 5% received at least one gift card for an Internet site (e.g., ebay, Amazon)

Price ranges for gift cards ranged from $78 for an American Express card, while the lowest was for a $32 restaurant card. Bank gift cards are more likely to be used in January. Nearly 74% of these gift cards have been redeemed or partially redeemed by the end of January.

People were more likely to buy full price retail items with their gift cards. Many analysts believe the "gift" aspect allows consumers to treat themselves to new full-priced merchandise.

Retailers also benefit when consumers redeem a gift card, nearly 62% spend more than the face value of the card. This is an opportunity for retailers to increase sales, as sales cannot be reported until the gift card is redeemed.

Consumers also expressed an interest in receiving gift cards for other holidays. For example, a gift card for an "experience" is widely received as a result of people being time-pressed. Getting a gift card for a trip to a restaurant or massage or even a weekend getaway seems to be a trend people are enjoying.

Teens enjoy gift cards because they are more eager to shop with their friends and are more apt to redeem their cards quicker than adults. The survey showed teens redeemed 76% of their gift cards vs. 61% of adults.

Gift cards keep on giving, after the holidays, especially for retailers. Gift cards are here to stay. Consumers enjoy using them and retailers enjoy getting them. Gift cards are an appropriate gift for all occasions.

Author Bio:
Stuart Simpson is an expert on this subject. Stuart has written several articles in the past on this topic.
You can search for this article using: free e-cards, american greetings, birthday greetings, free birthday e-cards, 123 greetings
 
 
 

Related Articles

 
Streaming Video on Your Website - Convert Visitors into Customers
 
Stargate SG-1 (DVD) Review
 
Hollywood Hypocrisy, Racism and The "Madea Principle"
 
Is New York City Rigging Their Parking Meters?
 
Monsters from the Subconcious
 
Parents Say the Darndest Things
 
How to Draw Birds Easily
 
Anglican Arrogance: Small-Minded Choirmembers
 
Direct to Consumer DVD Sales on the Rise
 
Bingo: Which Game And Which Set Of Rules To Play?
 
 
 
   Main :> Security & Privacy :> Terms & Conditions
© 2008 www.globehall.com All Rights Reserved.