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...')?
That's interesting. How much do companies typically profit from the purchases of gift card holders?
Well, studies show that people normally spend about 20-25% more than the value of their gift card, which can result in significant profits for companies.