ecommerce tips
Creative BFCM Ideas: Unwrapping the potential of gift wrapping
by Tepo
Sep 23th, 2024
3 mins read
What if we told you, there is a yet highly profitable, add-on service that could boost your net margin by a whopping 50% per item. It's not a magical elixir or a secret formula; it's simply gift wrapping!
Why? Because by stepping into the gift-wrapping game, you’re stepping into a sacred place between friends and family. Your customers are trusting you with the responsibility of delivering the moment before the moment, don’t let them down. By providing this service, businesses not only meet customer expectations but also differentiate themselves from competitors.
1. Why gift wrapping works?
Increase Average Order Value: Gift wrap services provide an additional revenue stream as buyers opt for this add-on.
Customer Satisfaction: Thoughtfully packaged gifts enhance the overall experience for both the giver and the recipient.
Branding Opportunity: Customized gift wrap designs can reinforce your brand image during the unwrapping experience.
Brand Differentiation: Sets your business apart from competitors, making you a more attractive choice for gifting needs.
Upselling Potential: Encourage customers to purchase additional products to complement their gifts, leading to higher sales.
Targeting Special Occasions: Effectively tap into seasonal shopping trends, capturing more sales during peak times.
Gift wrapping is a simple add-on but can bring many benefits to merchants.
2. Tips when offering gift wrapping add-on
Customization
Offer customizable gift wrapping options:
Various papers, ribbons, gift cards, gift
boxes, or handwritten notes, and showcase
how beautiful the gift will be wrapped.
Sustainability
Eco-friendliness is a growing concern, opt
for recyclable, biodegradable materials. It makes buyers feel good about their purchases.
Season & Trends
Offer wrapping designs that keep up with
holidays, festivals, or current fashion. It
shows that your brand is attuned to what's
happening and always active.
3. Case Study: Dr.Dough Donut had increased nearly $1,000 in just 2 weeks
Dr.Dough Donut includes the gift wrapping add-on as a product option.
Try implementing gift wrapping on your store with Tepo Product Option!
ABOUT THE AUTHOR
Ashley Ng.
Tepo: Custom Product Options Variant's Product Manager
Written by the product manager of Tepo: Custom Product Options Variant. With over 25 flexible option types, this app can help you created unlimited product options & variants options and let your customers customize and personalize products.