The conversation between human and AI assistant.
What is the gift card redemption rate, and how much do companies tend to profit from gift card holders' purchases (i.e. 'people normally spend 5x the amount on the gift card...')?
Wow, so companies really make a lot off of gift cards. Do you know which types of companies tend to have the highest profits from gift cards?
From my research, it seems that restaurant and department store gift cards tend to have the highest redemption rates and profits for the companies.