BizGift Blog

Save $500 or More a Year with BizGift

Written by Team BizGift | Jul 24, 2023 3:11:26 PM

Closing gifts are a staple in the real estate industry, allowing realtors to leave a lasting impression on their clients. Traditional gift cards have long been a go-to choice for their convenience. However, they often lack the personal touch that really makes a gift memorable and can sometimes go unused if the retailer chosen by the realtor doesn't resonate with the client. In addition, this approach requires the realtor to front the entire cost of the gift card, regardless of whether it is used.

The BizGift Advantage:

BizGift presents a game-changing solution to these challenges. As a realtor, you can offer your clients a personalized gift card experience, allowing them to choose where they want to Redeem their gift card. Not only does this add a layer of personalization that delights the recipient, but it also provides an added level of practicality. No more guessing games about where your client might like to shop!

Pay Only for Activated Gift Cards:

A standout feature of BizGift is its cost-effectiveness. With BizGift, you only pay for the gift card values that are Activated. This means that instead of shelling out $100 upfront for each gift card, you only pay when the recipient Activates their card. This allows you to better manage your budget and potentially offer more clients these personalized gift experiences.

Cost-Savings with BizGift:

One of the greatest advantages of BizGift is the potential cost savings. Let's illustrate this with some simple math. Say you're a realtor who closes 25 deals per year, and you present each client with a $100 gift card as a closing gift. This equates to an upfront cost of $2,500 per year on gift cards alone.

However, industry statistics show that only about 80% of gift cards are ever used. This means that for every 100 gift cards you give out, 20 go unused. So if you're giving out 25 gift cards a year, that's potentially 5 gift cards that go unused, equating to $500.

With BizGift, you only pay for gift cards that are Activated. So, if we apply the same 80% usage rate, you'd only be paying for 20 of those 25 gift cards. This would equate to a total cost of $2,000 – a saving of $500 per year compared to traditional gift cards.

Moreover, with BizGift, you can fund gift cards as you go, saving you the trouble of upfront costs and last-minute shopping trips.

The Impact:

BizGift empowers realtors to offer a more tailored, thoughtful closing gift, and in a way that is more cost-effective and manageable. It eliminates the risk of the gift card going unused and the associated financial loss. Moreover, by allowing clients to choose where they want to use their gift card, you amplify their experience and potentially strengthen your relationship.

The Bottom Line:

So, not only does BizGift offer a more personalized and delightful gift card experience for your clients, but it also saves you both time and money. This smart, convenient, and cost-effective approach to closing gifts could be the game-changer you need in the competitive real estate market.

In the competitive real estate market, it's all about creating memorable experiences and strong relationships. BizGift is a powerful tool that allows realtors to do just that. With its unique approach to gift cards, BizGift is reimagining closing gifts and bringing value to both realtors and their clients."