As the price of residing disaster begins to chew, analysis reveals that extra shoppers are making the swap to reward playing cards just like the Newport Now Reward Playing cards in an effort to cut back waste.
Over 24% of shoppers say they’ll select reward playing cards this Christmas in an effort to cut back waste and keep away from the danger of shopping for undesirable presents, reveals new analysis from reward card suppliers Miconex.
The backers of the Newport Now Reward Card say that 95% of shoppers are planning to purchase at the very least one reward card for Christmas 2022, with 38% of individuals saying they’ll purchase between 4 and 6 reward playing cards.
Newport Now BID supervisor Kevin Ward mentioned the necessity to keep away from wasteful gifting is stronger than ever.
He mentioned:
“YouGov knowledge reveals that 24.8million adults within the UK will give presents this Christmas, 47% of the UK inhabitants.
“But, we additionally know from Reward Card and Voucher Affiliation (GCVA) knowledge that for the reason that begin of 2022, 46% of the UK inhabitants say they’re both barely (35%) or considerably (11%) worse off. Persons are beginning to really feel the pinch and the very last thing they wish to do is waste cash on presents that family and friends don’t need or want.
“In our analysis, in addition to shoppers seeking to reward playing cards as a way to cut back the waste of undesirable presents, 33% mentioned that they select reward playing cards as presents as a result of they’re simpler to purchase and ship.
“It reduces the prices of packaging and delivering presents, and may typically cut back the price of total spending on Christmas presents. 24% additionally mentioned that purchasing reward playing cards saves time in looking for presents.”
Newport Now’s reward card launched within the metropolis centre in 2017 as a way to encourage native procuring and supply assist for native companies.
The Newport Now Reward Card will be spent with over 60 retailers, eating places, sights, salons and repair suppliers within the metropolis centre, and is a part of the award profitable City & Metropolis Reward Card initiative from fintech firm Miconex.
Playing cards are available for purchase from £5 to £500 on-line at www.newportgiftcard.co.uk
Mr Ward mentioned each Newport Now Reward Card bought is cash locked in regionally for the city/metropolis:
“The will to ‘love the place you reside’ is as sturdy as ever with over 90% of individuals saying they’re eager to assist native this Christmas.
“Giving a Newport Now Reward Card is a approach to give a beloved one final selection in how they spend and luxuriate in their current and keep away from wasteful gifting, while locking in spend into our native space.”
To search out out extra go to: www.newportgiftcard.co.uk
