Gift Cards, Vouchers (Rainchecks) and Promo Codes – Business Guide

Boost revenue and attract new customers with RecSystems' gift card feature. Perfect for holidays, special occasions, and customer rewards.

Home / Helpful Resources / Gift Cards, Vouchers (Rainchecks) and Promo Codes – Business Guide


# Gift Cards, Vouchers (Rainchecks) and Promo Codes – Business Guide Boost revenue and attract new customers with RecSystems' gift card feature. Perfect for holidays, special occasions, and customer rewards. ## 🎯 Overview Gift cards in RecSystems: - Generate immediate revenue - Attract new customers - Reduce no-shows (pre-paid) - Create perfect gifts for adventure seekers - Track usage and balances automatically ## 🎁 What You Can Offer There are four ways to save or pay with codes in RecSystems. You can enable any or all of them based on your business policies: - Gift Cards (Credit): Money value used like cash at checkout. Great for selling online and gifting. - Vouchers (Rainchecks): Store credit issued for service recovery or cancellations. Applied before taxes (reduces the taxable amount). Ideal for weather-related rainchecks. - Discounts ($ Off): A specific dollar amount off the booking price. Applied before taxes. - Coupons (% Off): A percentage off the booking price. Applied before taxes and reusable until the expiration date. Owner controls: - Choose whether customers can use more than one discount code at checkout. - Choose whether to limit coupons to one per order. - Set optional expiration dates and preset values. Tip: For the smoothest checkout, ask customers to enter codes before the final payment step. ## 🎁 How Gift Cards Work ### The Customer Journey 1. **Purchase**: Customer buys gift card online 2. **Delivery**: Receives code via email 3. **Redemption**: Enters code during booking checkout 4. **Balance**: Any remainder stays on card ### What to Expect - Each gift card has a unique code - Partial redemptions are allowed (remaining balance stays on the card) - Optional expiration dates - Full reporting for sales, usage, and outstanding balances ## πŸš€ Setting Up ### Step 1: Enable Gift Cards 1. Go to **Dashboard** β†’ **Gift Cards** 2. Click **Settings** or **Configure** 3. Toggle **Enable Gift Cards** to ON ### Step 2: Configure Options ``` Essential Settings: - Minimum Amount: $25 - Maximum Amount: $500 - Preset Amounts: $50, $100, $150, $200 - Custom Amounts: Allow/Disallow ``` ### Step 3: Customize Design 1. **Email Template** - Add your logo - Customize colors - Write welcome message - Include terms 2. **Gift Card Display** - Choose card design - Add branding elements - Set up thank you message ## πŸ’³ Managing Codes (Gift Cards, Vouchers, Discounts, Coupons) ### View All Codes Navigate to **Dashboard** β†’ **Gift Cards** to see: - Card code - Original amount - Current balance - Purchase date - Purchaser info - Usage history ### Search and Filter Find specific cards by: - Code (partial match) - Purchaser email - Date range - Balance status - Amount range ### Manual Creation For promotions or corrections: 1. Click **Create Gift Card** 2. Enter amount 3. Add optional note 4. Generate code 5. Send to recipient ## πŸ“Š Sales & Promotion ### Promoting Gift Cards **On Your Website** - Add gift card link to navigation - Feature on homepage - Include in booking flow **Marketing Ideas** - Holiday promotions - Birthday gift suggestions - Corporate gifts - Loyalty rewards - Contest prizes ### Seasonal Campaigns ``` Peak Gift Card Seasons: - πŸŽ„ Christmas: #1 season - πŸŽ‚ Father's Day: Outdoor adventures - 🎁 Mother's Day: Relaxation packages - πŸŽƒ Black Friday: Bonus value offers - πŸ’ Valentine's Day: Couple experiences ``` ## πŸ”„ Customer Redemption & Checkout ### How Customers Use Codes 1. **During Booking** - Enter the code on the checkout page - The amount or discount is shown immediately - For best results, add codes before the final payment step 2. **Partial Usage (Gift Cards & Vouchers)** - Remaining balance stays on the code - Confirmation email shows the remainder - Can be used again until the balance reaches $0 or the code expires 3. **Combining Payment** - Gift cards can be combined with a credit card - You can allow multiple discount codes, or limit to one (your choice) - Coupons (% off) are typically limited to one per order ### Staff Processing (Phone or In-Person) When customers call to use gift cards: 1. Ask for gift card code 2. Look up in system 3. Verify balance 4. Apply to booking 5. Note remaining balance ## πŸ“ˆ Tracking & Reporting ### Key Metrics Monitor gift card performance: - **Sales Volume**: Total cards sold - **Revenue Generated**: Immediate income - **Redemption Rate**: % used - **Average Value**: Per card - **Breakage**: Unredeemed value ### Monthly Reports Track important trends: ``` Sample Report: - Cards Sold: 47 - Total Value: $5,250 - Redeemed: $3,800 (72%) - Outstanding: $1,450 - New Customers: 23 ``` ### Financial Considerations - **Liability**: Outstanding gift card and voucher balances represent future service owed - **Revenue Recognition**: Recognized when redeemed according to your policy - **Breakage Estimate**: Some percentage may never be used (varies by business) - **Cash Flow**: Gift card sales create immediate cash flow ## πŸ’‘ Best Practices ### Pricing Strategy 1. **Popular Amounts** - Match common rental prices - Round numbers ($100, $200) - Consider package deals 2. **Bonus Value** - Buy $100, get $110 - Limited time offers - Volume discounts ### Marketing Tips - **Email Campaigns**: "Perfect Gift" messaging - **Social Media**: Share customer experiences - **Point of Sale**: Mention during bookings - **Partnerships**: Local hotels/tourism ### Customer Service - Always check balance before booking - Explain partial usage clearly - Keep purchase records - Handle lost codes case-by-case ## 🚨 Common Questions & Solutions ### "Gift card not working" 1. Verify code entered correctly 2. Check balance in system 3. Ensure not already fully used 4. Confirm gift cards enabled ### "Lost gift card code" 1. Search by purchaser email 2. Verify purchase details 3. Resend code if verified 4. Document interaction ### "Refund to gift card or voucher?" - Decide whether you’ll refund to original payment or issue a voucher (raincheck) - Vouchers are great for last-minute weather changes or service recovery - Publish a clear policy so customers know what to expect - Staff can create vouchers manually when appropriate ### "Can customers stack multiple codes?" - You can allow multiple discount codes or limit them to one - Coupons (% off) are typically limited to one per order - Gift cards and vouchers can be combined with other payments ## 🎯 Advanced Strategies ### Corporate Programs Set up B2B gift card sales: - Bulk purchases - Custom amounts - Invoice billing - Company branding - Volume discounts ### Loyalty & Retention Use gift cards for: - Referral rewards - Review incentives - Repeat customer bonuses - Service recovery - Milestone celebrations ### Cross-Promotion Partner opportunities: - Hotels include in packages - Tourism boards promotion - Chamber of commerce - Event organizers - Wedding planners ## πŸ“‹ Quick Reference ### Code Statuses - **Active**: Available to use - **Partially Used**: Balance remaining (for gift cards and vouchers) - **Fully Used**: Zero balance - **Expired**: Past expiration date (if set) ### Popular Amounts - $50 - Single hour rental - $100 - Half day adventure - $200 - Full day experience - $500 - Weekend package ### Staff Scripts **Selling**: "Gift cards make perfect presents for adventure lovers!" **Balance Check**: "I can look that up - what's your gift card code?" **Partial Use**: "You have $X remaining that you can use anytime!" ## πŸ”’ Security & Fraud Prevention ### Protect Against Fraud - Unique, complex codes - One-time generation - Balance limits - Usage tracking - Velocity checks ### Staff Guidelines - Never share codes insecurely - Verify purchaser identity - Document all adjustments - Monitor unusual patterns --- πŸ’‘ **Pro Tip**: Promote gift cards heavily during November–December; many businesses see a large portion of annual gift card sales in this window. Need help? Contact [email protected] ## Appendix: Policy Templates (Copy/Paste) 1) Raincheck (Voucher) Policy - If we cancel due to weather or safety, we’ll issue a voucher equal to your booking total (before taxes/fees). - Vouchers can be used on a future booking and may have an expiration date. - Vouchers cannot be applied to the original cancelled booking. 2) Discount & Coupon Policy - Percentage coupons are limited to one per order. - You may use more than one discount ($ off) code if allowed. - Gift cards can be combined with discounts/coupons. 3) Gift Card Policy - Gift cards act like cash at checkout and may be refunded when appropriate. Refunds are processed at the cart level using intelligent LIFO allocation: stored‑value applied to the purchase is restored first up to the original applied amounts, then any remaining refund is sent back to the credit card payment. - If your purchase is more than the gift card balance, you can pay the difference with a credit card. - Lost codes can often be recovered with proof of purchase.

Read This Next


Availability Calendar

This guide shows rental shop staff how to use the Availability Calendar to choose dates and timeslots for customers. It is non-technical and focused on daily operations.

View

Quick Start

Welcome to RecSystems! Our AI-powered onboarding process will have your booking engine live in just a few minutes. Rex, your Rental Copilot, will analyze your business and generate a complete, cust...

View

Detailed Setup Guide

This guide provides a detailed walkthrough of the RecSystems onboarding process, explaining every step and screen you'll encounter when setting up your AI-powered booking engine.

View

Welcome to RecSystems

Welcome to the AI-powered booking engine that transforms your rental business! RecSystems combines cutting-edge artificial intelligence with intuitive design to create a booking experience your cus...

View

Petroleum Profits: Leveraging Non-Ethanol Fuel in Watercraft Rentals

Fuel choice in the watercraft rental industry is a multifaceted decision, affecting not only engine performance but also profitability and customer satisfaction. Embracing non-ethanol fuel offers rental businesses an opportunity to enhance their service, appeal to educated customers, and add a significant revenue stream.

View

See All Articles

JOIN GENESIS

The Ever-Growing Community Of Investors

A membership can take your crypto skills to the moon!

Learn How To Join »