Gift cards are a versatile and powerful tool that can significantly boost your restaurant’s revenue while simultaneously attracting new customers and enhancing brand awareness. Whether used as gifts for special occasions or as rewards in loyalty programs, gift cards serve as an effective promotional strategy that can help drive sales year-round. In this blog, we’ll explore creative gift card promotion ideas.
The Benefits of Selling Gift Cards at Your Restaurant
Boost Revenue with Upfront Payments
Selling gift cards provides immediate revenue, which is particularly beneficial during slower periods. This upfront payment model not only stabilizes your cash flow but also gives your restaurant a financial buffer for operational costs and future investments. An added bonus is that 65 percent of gift card recipients spend 38 percent more than the value of the gift card, translating to increased sales that go beyond the initial value purchased. This behavior directly boosts your bottom line and encourages higher spending from your customers.
Attract New Customers to Your Restaurant
Gift cards are a powerful tool for bringing in new guests who might not have considered your restaurant before. In fact, 44 percent of consumers report that gift cards encourage them to try new restaurants that they wouldn’t have tried otherwise. When someone receives a gift card, it acts as a low-risk invitation to experience your menu and atmosphere, often leading to repeat visits. Additionally, these new diners may bring friends or family, further expanding your customer base and driving more sales.
Increase Your Brand Awareness
Gift cards are more than just a payment option, they serve as a marketing tool that enhances your restaurant’s visibility. Each time a gift card is purchased or redeemed, it subtly promotes your brand, whether it’s given for a birthday, holiday, or special occasion. By keeping your restaurant top of mind, gift cards contribute to building your brand's recognition and reputation.
Run Offers and Promotions on Gift Cards
Gift Card Deals
One of the most effective ways to boost gift card sales is through promotions. For example, offering a $60 gift card for the price of $50 can be a compelling incentive. These promotions not only encourage higher initial purchases but also drive repeat visits as customers return to redeem their cards.
Bundle Gift Cards with Menu Items
Bundling gift cards with popular menu items is another creative promotion that can entice customers. For instance, offer a free dessert or appetizer voucher with every gift card purchase. This not only adds value but also introduces customers to items they might not usually try, increasing the likelihood of upselling. It’s an excellent way to make your gift cards more appealing while driving additional revenue when customers come in to redeem their cards.
Promote Seasonal Offers
Seasonal and limited-time promotions can create urgency and encourage quick sales. For example, offering a small discount on gift cards during the holiday season or for special occasions like Mother’s Day can drive purchases when consumers are already in a buying mindset. Highlight these promotions through your marketing channels, such as email campaigns, social media, and in-store signage, to capture attention and drive more sales.
Create Seasonal Gift Card Designs
Design plays a crucial role in making your gift cards stand out, and seasonal themes can add a special touch that appeals to customers. By offering designs that reflect holidays, seasons, or special occasions—like Christmas, Valentine’s Day, or summer-themed cards—you create a sense of novelty that encourages purchases.
These unique designs can make gift cards feel more personalized and thoughtful, turning them into more attractive gift options. Additionally, seasonal designs can inspire impulse buys from customers looking for last-minute gifts, further driving your sales throughout the year.
Partner with Local Businesses for Cross-Promotions
Identify Strategic Partnerships
Look for local businesses that complement your restaurant’s offerings, such as nearby boutiques, gyms, or entertainment venues. By partnering with these businesses, you can create cross-promotional opportunities that benefit both businesses. For example, a boutique could offer a discount on your restaurant’s gift cards with every purchase, while you could promote their store through in-restaurant signage or on your social media. These partnerships allow both businesses to tap into each other’s customer base, increasing exposure and sales.
Offer Joint Promotions and Bundled Deals
Collaborate with your business partners to offer bundled deals that include gift cards from both establishments. For example, you could create a “Dinner and a Movie” package with a local cinema, where customers receive a discount on movie tickets with the purchase of a restaurant gift card. These types of bundled promotions provide added value and create a unique experience for customers, making the gift card purchase more enticing.
Use Gift Cards in Customer Loyalty Programs
Integrating gift cards into your customer loyalty programs is a smart way to encourage repeat visits and reward your most loyal patrons. Offer gift cards as rewards for reaching certain spending thresholds, completing a set number of visits, or participating in special promotions. This not only motivates customers to engage more frequently with your restaurant but also adds a tangible value to your loyalty program that keeps them coming back. Gift cards are a flexible and appealing reward option, allowing customers to enjoy their favorite menu items on their own terms.
Feature Gift Cards in Your Restaurant’s Physical Space
Make sure your gift cards are prominently displayed in your restaurant to catch the eye of your customers. Set up an attractive display near the checkout counter or at the hostess stand to encourage impulse purchases. Consider using signs, table tents, or digital displays to promote the availability of gift cards and any ongoing promotions. When gift cards are visible and easy to purchase, customers are more likely to consider them as a convenient gift option, especially during holidays or special occasions.