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Gift Certificates - GroupOn Style and promotional

edited Nov 22, 2019 10:25AM in CRM 4 comments

Currently looking at using gift certificates for 2 purposes.  The first being to offer a GroupOn deal or similar and the second being for promotional/marketing purposes.  Each has different requirements and want to hear from others on their experience or recommendations. 

GroupOn Style

1.  How do you sell a gift certificate for less than the value of the gift certificate?  ie. gift certificate is sold to GroupOn vendor for $45.  GroupOn vendor sells to customer for $50 and the actual gift certificate is worth $100 which expires on March 1st.  So the sales order/cash sale would need to be for $45 per $100 gift certificate, correct?  How is this done?

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