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Local Community Gift Card Program by YIFTEE Shows 8X ROI on Federal Funds Invested to Help Small Businesses in Pandemic Recovery


Data shows Buy-One-Get-One program delivers 2X return in 1 month, 4X in 3 months, up to 8X over time in revenue going exclusively to local businesses, with lasting increases in sales for main streets and downtowns
MENLO PARK, Calif. /California Newswire/ As communities strive to help their local businesses weather the pandemic storm, Yiftee has grown to more than 270 Community eGift Cards across the United States and executed 74 “Buy-One-Get-One” programs. These programs enlist entire communities in purchasing eGift Cards that can only be spent at local businesses, where the card buyers also receive free bonus gifts for their own use.
Yiftee and Whatcom County, WA teamed up to measure the revenue impact of their program for small businesses in Whatcom County. Between money spent on community card purchases, bonus cards funded by the CARES Act, and overspend on the gift cards and bonus cards, the analysis found that the bonus program investment was returned by 2X in ....

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Yiftee Local Community Gift Card Program Shows up to 8X ROI on Federal Funds Invested to Help Small Businesses in Pandemic Recovery


Data shows Buy-One-Get-One program delivers 2X return in 1 month, 4X in 3 months, up to 8X over time in revenue going exclusively to local businesses, with lasting increases in sales for main streets and downtowns
(MENLO PARK, Calif.) NEWS: As communities strive to help their local businesses weather the pandemic storm, Yiftee has grown to more than 270 Community eGift Cards across the United States and executed 74 “Buy-One-Get-One” programs. These programs enlist entire communities in purchasing eGift Cards that can only be spent at local businesses, where the card buyers also receive free bonus gifts for their own use.
Yiftee and Whatcom County, WA teamed up to measure the revenue impact of their program for small businesses in Whatcom County. Between money spent on community card purchases, bonus cards funded by the CARES Act, and overspend on the gift cards and bonus cards, the analysis found that the bonus program investment was returned by 2X in its first mont ....

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At 2021 Main Street Now Conference, Two Yiftee Communities Win Awards


The Royal Oak Downtown Development Authority and Main Street Lincoln Park both received the Main Street Forward Award for economic recovery and resilience efforts amid 2020 crises
MENLO PARK, Calif. /Massachusetts Newswire – National News/ On April 12, 2021, the Main Street Now Conference awarded six U.S. communities with the Main Street Forward Award, Yiftee, Inc. announced today. The award celebrates “forward-thinking Main Street recovery and resilience efforts at this unique and challenging moment” ( note 1). The winners were selected by a national jury of economic development experts. Royal Oak’s Downtown Development Authority (DDA) was selected for its two-pronged approach to supporting and stimulating the local economy during the pandemic. Main Street Lincoln Park (LNPK) was chosen for its work to ensure its community had access to food, funding, and essential PPE resources during the COVID-19 crisis. ....

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Two Yiftee Communities Win Award at the Main Street Now Conference


Two Yiftee Communities Win Award at the Main Street Now Conference
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The Royal Oak Downtown Development Authority and Main Street Lincoln Park both received the Main Street Forward Award for economic recovery and resilience efforts amid 2020 crises
MENLO PARK, Calif., April 29, 2021 (SEND2PRESS NESWSWIRE) — On April 12, 2021, the Main Street Now Conference awarded six U.S. communities with the Main Street Forward Award, Yiftee, Inc. announced today. The award celebrates “forward-thinking Main Street recovery and resilience efforts at this unique and challenging moment” ( note 1). The winners were selected by a national jury of economic development experts. Royal Oak’s Downtown Development Authority (DDA) was selected for its two-pronged approach to supporting and stimulating the local econo ....

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Two Yiftee Communities Win Award at the Main Street Now Conference for Economic Development


The Royal Oak Downtown Development Authority and Main Street Lincoln Park both received the Main Street Forward Award for economic recovery and resilience efforts amid 2020 crises
MENLO PARK, Calif. /California Newswire/ On April 12, 2021, the Main Street Now Conference awarded six U.S. communities with the Main Street Forward Award, Yiftee, Inc. announced today. The award celebrates “forward-thinking Main Street recovery and resilience efforts at this unique and challenging moment” ( note 1). The winners were selected by a national jury of economic development experts. Royal Oak’s Downtown Development Authority (DDA) was selected for its two-pronged approach to supporting and stimulating the local economy during the pandemic. Main Street Lincoln Park (LNPK) was chosen for its work to ensure its community had access to food, funding, and essential PPE resources during the COVID-19 crisis. ....

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