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The Strategic Importance of Digital Gift Cards as Rewards and incentives

Posted on 23 November 2023
Read time 2 mins
Author Jacilyn 🚀

In a crowded marketplace where meaningful rewards matter more than ever, digital gift cards aren’t just a nice add-on - they’re a strategic differentiator. Forward­ looking rewards and recognition programmes can leverage digital gift cards to supercharge appeal, margin and brand alignment.

Diversifying your rewards package for a broader appeal

One of the biggest strengths of digital gift cards is their flexibility. Whether you’re engaging Gen Z tech-savvy staff, lifestyle-oriented consumers or seasoned professionals who prefer choice - digital gift cards span a wide spectrum of interests. By offering a reward catalogue that covers everything from dining experiences to premium retailers, you widen your appeal across demographic and psychographic markets.

As a result, your rewards programme becomes inclusive, relevant and adaptable.

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Unlocking additional revenue streams 

Digital gift cards can be a source of incremental revenue. Many providers offer competitive discounts when buying gift cards in bulk - even a modest 2-6 % can scale quickly when volumes grow. By integrating gift cards into your offering, you don’t just enhance your reward catalogue: you bolster your business model, supporting profitability and enabling reinvestment into further innovation

In short: you’re delivering value to users and strengthening your commercial foundation.

Passing on the value with discounts for customers and employees

It’s not just about profit - it’s about perceived value. When you receive favourable terms for gift cards, you can choose to pass this value onto your customers or employees. That might translate into higher-value rewards, better tiering, or more frequent recognition opportunities. The outcome: your programme stands out for generosity, flexibility and relevance. When people feel appreciated in a tangible way, they engage more deeply and remain loyal longer.

Leverage brand association

Brand value matters. Including digital gift cards from trusted, high-profile brands adds more than functional reward value - it adds credibility and emotional impact. When you’re aligned with brands people love and trust, your programme inherently benefits from that brand equity. This kind of alignment enhances your positioning and creates a perception of a premium, thoughtful rewards experience.

Align with sustainability goals

Today’s audiences care about more than just the reward - they care about the values behind it. Digital gift cards remove the need for physical production, shipping or waste, making them an eco-friendlier alternative. Embedding this into your programme shows your commitment to sustainability and aligns with broader corporate responsibility objectives.

For even deeper impact, you can include charity gift card options or enable users to donate their reward to a cause they care about - weaving purpose into your reward strategy.

Start supercharging your rewards package today with Tillo

By diversifying your offerings, creating additional revenue streams, passing on discounts, affiliating with big-name brands, and making a sustainable choice, you're not just offering a rewards program - you're offering a strategically designed package that adds value at multiple levels.

To find out more and see how Tillo can help you supercharge your rewards and recognition package with 3,000+ brands that people love, get in touch with us today.

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