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Use Incentives To Drive Business
HOW INCENTIVES CAN HELP YOUR BUSINESS
Dollar-for-dollar, gift card incentives generate more than twice as much performance improvement as cash!
4 out of 5 people believe incentive rewards have a greater impact on their performance than any other type of motivator and on average, companies see 22% increase in work performance!
Not only do incentives reward your customers or employees, they offer lasting benefits as well. An incentive trip can increase profits, work performance, cultivate meaningful relationships and strengthen loyalties. Plus, it allows for you to have a captive audience where you can take the opportunity to introduce new products or services, implement sales strategies, foster team building experiences and more, all in an unforgettable atmosphere.
GREAT QUESTIONS TO HELP EVALUATE COST EFFECTIVENESS
How Can Your Business Utilize Cash Gift Card Incentives?
Would you use them to drive sales, referrals, reward employees?
How Much Is A Sale Worth To Your Business?
Incentives drive sales, encourage larger purchases and loyalty!
How Much Is A New Customer Worth Your Business?
Incentives promote rewarding feelings for new & loyal customers!
What Is Your Cost To Recruit, Hire & Train New Employees?
As opposed to keeping current employees rewarded and happy?
If you see a connection between using Incentives and your bottom line, you can get access to an UNLIMITED number of this vacation incentive, or all of our vacation incentives!
10 Reasons To Give Gift Cards Instead of Cash
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Aligning your business or sales incentives with leading industry brands can significantly increase recipient satisfaction. Brand awareness is a major factor in end users’ shopping experience, and by offering gift cards with brands they already recognize, you add awareness to your program—which leads to greater
participation.
10 Reasons Why Gift Cards are More Compelling than Cash
There are 10 core reasons why gift cards are superior to cash incentives – they are as follows:
1. Trophy value: Gift card purchases are more memorable – they create a lasting reminder of achievement.
2. Viral value: Employees freely express excitement about gift cards.
3. More discrete: It’s polite to mention non-cash awards.
4. True gift perception: Gift cards are not viewed as part of compensation.
5. Universal benefits: Gift cards combine the benefits of merchandise with the benefits of cash.
6. Guilt-free spending: Recipients don’t feel guilty treating themselves.
7. More likely to improve work performance: Studies show that cash doesn’t improve work performance – gift cards do.
8. Family support: Because the participant’s family is involved in selecting awards – they’re more likely to support the
participant’s goals.
9. Pleasing loved ones: There is a strong motivation to earn an award for one’s significant other or children.
10. Long-term positive feelings toward organization: Gift cards reinforce positive associations with sponsoring organizations.
Restaurant.com Dining Gift Card Incentive