Most customers like saving money. That’s one reason why vouchers have gained popularity in retail and the restaurant businesses everywhere. Did you know that Bepoz offers one of the most advanced and extensive internal voucher systems within their point-of-sale (POS) software?
Just to be clear, avoucher is a redeemable transaction type that has a certain monetary value. It can only be spent on specific goods or for specific reasons onsite or online. Not only do vouchers help build credibility and the reputation of your retail or restaurant business, they can help you reach more potential customers, and motivate existing ones to return again and again. Here are a few of those ways.
Use Your Receipts
Pre-set your POS system to determine what vouchers to display on receipts based on the customer’s purchase. For example, in retail, let’s say a customer spends more than $100, they will receive a voucher for 20% off their next purchase to be spent between a certain time. If they spend $50 perhaps their receipt gives a voucher for 10% off their next purchase.
It’s similar in the restaurant business. If a patron purchases any two entrees, maybe they receive a free desert next time they come back and can use the voucher as many times as they want between a certain time period.
Test and see what works best for your business. The combinations you can try are endless. Then watch your sales increase and your inventory move.
Collect Data and Increase Sales
Ask customers if they’d like to take a survey for a voucher. Maybe they receive a free appetizer just for giving you meaningful data. Retailers could give away a small gift with a certain dollar purchase for receiving a survey. Not only will the data you collect help you make future decisions about your business, you’ll also make customers happy with a chance to save more.
Treat Your Loyal Customers
What customers frequent your business the most and purchase the most? Find the data inside your POS. Send a customized email with a voucher. Maybe it’s for a gift card incentive. Something like—buy a $50 gift card and receive $5 voucher to be redeemed during your next purchase.
- Store a voucher and issue with an expiration date.
- Define the number of times a voucher can be redeemed and give it an expiration date.
- Attach vouchers to specific customers
- Issue a voucher via a barcode on a receipt
- Define what products or groups of products a voucher can be applied to
- Determine what stores or stores a voucher can be redeemed at
Have more questions about how vouchers can work for your restaurant or retail business? Let us know, we’d be happy to set up a demo for you.