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The Importance of Employee Recognition

The Importance of Employee Recognition Employee recognition is not just about saying “thank you”; it’s about acknowledging employees’ contributions and motivating them to excel in their roles. Rewards are essential for keeping employees satisfied and engaged. Let’s explore why recognition matters. Boosting Employee Morale Recognizing employees for their hard work and accomplishments boosts morale, making … Read more

gift cards offered

Rewards for Employee Recognition

Promotion Vault is an easy way to increase customer retention by rewarding your customers with e-gift cards to the brand of their choice, but what about rewarding employees? Promotion Vault’s model is a more profitable alternative to the business’ use of discounts and giving away free.  This model replaces the deleterious effects of free and … Read more

gift cards

The Truth About Discounts

When marketing a business, the most popular promotions include words such as sale, discount, and free, but what are the repercussions? Those three little words insinuate that the product or service itself is not valuable and will decrease the amount of revenue for the business as a whole. It may even make a statement about … Read more

Incentives build loyal customers

Building Customer Loyalty Generates The Most Revenue

In many businesses, the drive for new customers far overshadows any focus spent on building customer loyalty. Why is this a mistake? Because, on average, 20% of your customers, those who have visited your business at least 10 times, account for 80% of your total revenue. If you’d like to learn how to increase customer … Read more

making a difference with e-gift cards

Making a Difference with Incentives

Making a difference with incentives has never been easier. With the rise in cause-sumption and the convenience of e-gift cards, the only limits to incentivizing change in the world are in your imagination.   Incentivizing Safety According to studies, 21% of teen drivers were using their cell phone when they were involved in an accident … Read more

Utilize gift cards for growth

CashStar Announces Keys to Growth in Case Study Report

Promotion Vault is pleased to see the results of our partner, CashStar, in its recent case study of their Commerce Platform with Studio Movie Grill (SMG). In their press release, President and CEO Ben Kaplan details the keys to growth of 300 percent that SMG experienced.   Keys to Growth Embracing Digital: Being able to … Read more

Highest Scoring Digital Gift Cards: Ever More Popular with Consumers

Congratulations to RSR Research’s Highest Scoring Digital Gift Cards

In keeping with the rising popularity of digital gift cards, or e-gift cards, RSR Research has conducted its sixth annual digital gifting benchmark report. The highest scoring digital gift cards met a variety of standards. Accordingly, these standards are updated each year to keep pace with the ever changing demands of the increasingly tech-savvy consumer.   … Read more