- Upfront Revenue: With gift cards, you can generate revenue upfront by getting paid for merchandise before it’s even sold.
- Paid in Full: Customers using gift cards are 2.5 times more likely to purchase full-price products than using their own cash. Plus, customers often spend more than the gift card’s value.
- Free Marketing: Gift cards promote your brand effortlessly. When customers purchase them for others, they become advocates and advertise your dispensary at no extra cost. It’s a win-win!
- More Convenient than Cash: In cash-only cannabis markets, gift cards offer a convenient shopping experience for customers who may not carry cash.
- New Customers: Gift cards can drive new shoppers to your store, potentially converting them into loyal customers. For those new to cannabis and hesitant to visit a dispensary, a gift card provides the perfect opportunity to explore your products and services.
Don’t miss out on the numerous benefits a gift card program can bring to your cannabis dispensary. Embrace the power of gift cards with Fanda and watch your business thrive!