Proof That Gift Card Promotions Deliver
Real results show holiday incentives can spark dramatic growth in gift card sales.
August 27, 2025
Merchants have long suspected that a well-timed promotion can dramatically boost gift card sales—and our latest Insight Lab data confirms it. In this snapshot from our merchant data, the results were dramatic: retailers who ran holiday gift card promotions saw markedly higher sales than in the prior year, when no promotions were offered.
Some merchants combined a 20% discount with a tiered bonus card offer. Others relied solely on bonus card incentives. In both scenarios, bonus cards were redeemable after the holidays—through April 1—extending engagement well into the new year.
The impact was significant, with some individual merchants seeing dramatic gains as follows:
Real Results from Holiday Gift Card Promotions
Bonus card with qualifying purchase
Why BOGOs Work
Bonus-only promotions create a strong incentive to buy during peak holiday shopping, while encouraging customers to return later to redeem their added value.