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...')?
Good to know. Do you have any other interesting facts on gift card redemption rates or profits?
Well, there is some evidence that gift cards are becoming more popular among consumers, with a 6% increase in gift card sales in 2019 compared to the previous year.