[OMS_MANAGERS] Downtown Dollars

[Kelly Haverkate]

Thanks everyone for the suggestions!

Kelly

On Mon, Nov 7, 2016 at 10:45 AM, Rebecca Quandt <
rebecca at downtownmcminnville.com> wrote:

> Hi Kelly,
>
> We have a very successful Downtown Gift Certificate program here in
> McMinnville. Here is how it works.
>
> They are paper certificates that people pick up here at our office. They
> can come in various denominations but MUST be spent in one place. So for
> example, if you you have a $20 GC and you go to a coffee shop, you must
> spend all $20 at that time. Only our members can participate in this
> program— a benefit of being a MDA member.
> The merchants then hold on to the GC and redeem them at anytime here at
> our office. We keep 5% of the total to allocate for admin and paper costs
> and then we cut them a check for the remaining 95%.
>
> Last year we sold more than $30,000 in Downtown Gift Certificates!
>
> Please let me know if you have any questions.
>
> Rebecca Quandt
> Executive Director
>
> McMinnville Downtown Association
> 503-472-3605
> 105 NE Third Street
> McMinnville, OR 97128
>
>
>
> On Nov 7, 2016, at 10:29 AM, Debbie Pedro <debbie at hermistonchamber.com>
> wrote:
>
> Most Chambers of Commerce have a gift certificate program as well.
>
> Keep your money where your LIFE is!  Shop Local
>
> <image001.jpg>
> Debbie Pedro
> President/CEO
> www.hermistonchamber.com
> www.hermistonconferencecenter.com
>
> *From:* OMS_MANAGERS [mailto:oms_managers-bounces@
> listsmart.osl.state.or.us <oms_managers-bounces at listsmart.osl.state.or.us>
> ] *On Behalf Of *Roxana Grant
> *Sent:* Monday, November 07, 2016 9:47 AM
> *To:* 'Oregon Main Street program managers' <oms_managers at listsmart.osl.
> state.or.us>
> *Subject:* Re: [OMS_MANAGERS] Downtown Dollars
>
> We had a program like that but is turned into a nightmare, I do not have
> anything on it except the merchants used them like gift certificates. sorry
>
> *From:* OMS_MANAGERS [mailto:oms_managers-bounces@
> listsmart.osl.state.or.us <oms_managers-bounces at listsmart.osl.state.or.us>
> ] *On Behalf Of *Kelly Haverkate
> *Sent:* Sunday, November 6, 2016 5:14 PM
> *To:* Managers OMS
> *Subject:* [OMS_MANAGERS] Downtown Dollars
>
> Hi All,
>
> Can you send me your examples of any "downtown dollars" type gift
> certificates?
>
> I see, in looking online, that some towns use them like checks that the
> stores deposit and $$ gets drawn from their bank.
>
> I'm thinking I'd like to keep it fairly simple  .  $5 increments to avoid
> merchants having to give back much change.  They'll buy them from us (and
> maybe the City, since we don't have a storefront) and the merchants will
> call us when they have one to get reimbursed for.
>
> What I could use is :
> Pros and Cons
> What the front looks like
> What the back looks like and any legal-ese that might be needed.
>
> Of course, I'm hoping to get some put together this week.  HA!  :)
>
> Let me know your thoughts and ideas, thanks very much!
>
> Kelly
>
>
> Kelly Haverkate
> Program Manager
> Downtown Dayton
> 971 241-2076
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