Reward Code Vs Reward Points Vs Reward Link | Differences
Brand Gift CardsForm FactorIt determines the deliverability of rewards in each module1 point = 1 (Customize points to currency parity)Alphanumeric Reward CodesReward LinkReward CodesHow it looksThe look and feel of the rewarding modules.Use CasesThe practical applications and benefits of using rewards in different context.Employee rewarding,Channel Incentives, loyalty programs, gamingMarketing Campaigns, giftingConsumer promotions, survey incentives, one time reward campaignsGifts & rewards for occasions, festivals, product integrations etc
Feature NameBrand Gift CardsEmail Registration (DIY/Self Serve)Set up an account independently without any assistance from the team.YesYesYesYesCampaign CreationThe ability to customize catalog, add landing page, customize templates with brand logos, etc.NoYesYesNoBulk RewardsOption to send rewards to hundreds and thousands of recipients.YesYesYesYesIndividual RewardsSending rewards manually to recipientYesYesYesYesRewards APIIt allow developers to implement seamless rewards and coupon systems into their applications giving the flexibility to execute any sort of campaigns.YesYesYesYesOmnichannel Delivery (email, SMS)Marketing communication across multiple channels like emails, SMS, WhatsApp, etc.YesYesYesYesIntegrations (CRM. HRMS, Survey tools)Connects seamlessly with existing marketing automation tools, HR tools, and other productivity tools.NoNoYesYesReward AccumulationIt allows you to accumulate and redeem rewards at your convenience based on the value in the designated currency.YesNoNoNoCustom ExpiryThe ability to change the expiry date for rewardsOffered expiry options are 3,6, and 9 months. It’s 12 months by default.NoYesYesNoLanding Page (Campaign specific)A company branded web page that allows you to display a welcome screen, personalized message, and customize campaign as per brand requirements.NoYesYesNoDistributionThe mechanism in which rewards are distributed for a reward program based to achieve desired outcomes.API, CSV, EmailAPI, CSVAPI, CSVAPI, CSV
BenefitsBrand Gift CardsEase of ChoiceEase to the end users in choosing rewards redemption as per their choiceYesYesYesNoEase of DistributionFlexibility in terms of distributing rewards which can be different based on the rewarding use-case.YesYesYesYesPersonalization (Branding)The ability to add personalized messages and customize campaigns as per brand guidelines to keep it consistent.NoYesYesNoFlexible DenominationsIt allows for variations in the value or size of denominations in a particular currency and offers the flexibility to accommodate different transactional needsYesYesYesLimitedMulti CurrencyIt offers uses to send rewards in multiple currencies.YesYesYesNoApplicable in multiple countriesRewards catalog across countries or geographies.YesYesYesNoMulti-region deploymentAbility to deploy the servers in specific regionsYesYesYesNoMulti-lingualAbility to show marketplace, emails, notifications and platform in different languagesYesYesYesNoReward SchedulingThe ability to schedule rewards for the future date.YesYesYesYesRedemption reportsIt refers to records or summary of rewards redeemed by the user.YesYesYesNoCatalog CustomisationOffers the flexibility to choose catalog options like gift cards, merchandise, charity, experiences, travel and more for the campaign.YesYesYesYesCustomer SupportDedicated support team or CSM for resolving customer queries.YesYesYesLimitedReward Cancellation*The option to cancel the rewards sent within 180 days of reward sent dateYesYesYesNoTransferableThe option to transfer the reward points associated with the account to another account or userNoYesYesNoLinked to Email/Mobile numberReward associated to a particular account.YesNoNoNoAnonymous RedemptionThe ability to allow the redemption of rewards without revealing contact details such as email or phone numberNoYesYesNoGeneration to SelfThe ability to generate rewards for self which can be sent to others.NoYesYesYes
Brand Gift CardsGift CardsBrand Vouchers or Cards that can be redeemed in online retail stores, restaurants, or any other service providers.YesYesYesYesNon Profit DonationsMonetary or in-kind contributions made to non-profit organizations or initiatives that operate for the benefit of the public or a specific cause.YesYesYesNoPrepaid CardsPayment cards from Visa/Mastercard loaded with funds which allow users to purchase or access any service.YesYesYesNoExperiencesExperiences that allows end-users to enjoy a wide range of activities like adventure, tours, hobbies, wellness, gourmet, arts, history etc.YesYesYesNoPerks & OffersOffers & discounts from popular brands in the form of coupons or cashback to the end users.YesYesYesNoFeedback or Questions: Email at cs@xoxoday.com