WeGift Expert Review, Pricing, Alternatives - 2021

Author Phil Strazzulla, HR Tech Expert, Harvard MBA, Finance and Software Nerd
Phil Strazzulla: HR Tech Expert, Harvard MBA, Finance and Software Nerd
September 15, 2021

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WeGift is a smart solution for distributing gift cards at scale. They stand out for providing access to 700+ brands, bulk discounts of up to 25% off, and the ability to reclaim unspent value on expired gift cards.

What's Inside

WeGift Review

When sending employees a gift card, it can be tricky to know which brands they might like. That’s why WeGift gives gift card recipients the option to select a gift card to virtually any major brand they’d like. Their ecommerce-like platform lets you pick from hundreds of popular brands, create gift cards in bulk, and send them to your employees or customers in the US, UK, Europe, and beyond. 

Naturally, for HR teams, this saves  tons of time and money in sending rewards. Among the unique aspects to their offering is the fact that they can offer discounts of up to 25% and their way of managing unspent value— when recipients do not redeem gift cards by their expiration date, you get the money back.

WeGift Customers

WeGift is used to reward employees at companies like Vodafone, Sodexo, Perkbox, and Halford’s.

WeGift Stats

  • Access to over 700 brands
  • Up to 25% off in discounts
  • Raised $12M in Series A funding in November 2020
  • Available in over 30 countries
  • 70+ employees

WeGift Resources

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Buying HR Software? Here's some quick advice

Key WeGift Features

  • Personalized gift cards: WeGift Select rewards let the recipient choose the brand they’d like to redeem the gift card from. This takes out the guesswork, and is especially handy when creating gift cards in bulk for a whole team or department.
  • Tracking engagement: Among many other reports, WeGift’s platform can show you which rewards are most popular with each department, how your reward redemption rates evolve over time, and how much you’re spending vs. how much is being redeemed. 
  • Automated unspent value recovery: As we all know, using the full amount of a gift card can be a tricky thing. If its value was $100 and the employee spent $20 before it expired, what happens to the remaining $80? At least with WeGift, it’s added back to your account.  

Some other WeGift features are: 

  • Email templates
  • User permissions
  • Finance module
  • Order history
  • Gift card API

WeGift Implementation

In its essence, the WeGift platform is literally plug and play. Getting started takes only a few hours, enough for your Customer Support representative to create your portal and walk you through the process of loading funds into your account.

That being said, in the beginning of your relationship with WeGift, the aspect that could take more time is getting approved by the brands. Understandably, some brands want to know a bit about what you do and how you’d like to use their gift cards before granting access. Luckily, the WeGift platform and team also helps with streamlining this process.

WeGift Customer Success

WeGift offers 24-hour customer service, but they can also easily connect you with the technical support department of every brand they operate with.

WeGift Key Integrations

WeGift can integrate with other parts of your tech stack via API. For data sharing, you can also upload CSV files for bulk orders, or download one if you’d like to send the gift cards’ URLs via your own messaging system.

What to be aware of

WeGift tends to work mostly with companies that have a minimum of $1M in revenue and 10 employees.

WeGift Pricing

WeGift has an annual fee which varies depending on your company size and budget. $12,000 per year is a typical budget.

» Save Money: Check out our resource on how to save money when buying HR tools

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