Online gift card sales to boom for the 2020 holiday season

  • “U.S. retailers sold 114% more digital gift cards in the third quarter of 2020 compared with Q3 2019, according to survey data from 1,182 U.S. stores that use Inc.’s re-engagement software.
  • Plus, the revenue from selling the digital gift cards increased 65% year over year in Q3
  • In September 2020, on average 2.14% of a retailer’s online revenue came from gift card sales compared with 1.77% in September 2019, according to“

Leave a Reply