Incentive Awards and Customer Loyalty Programs
Do you want to improve employee performance and contributions to your business? Do you have special customers you want to reward for their loyalty and purchases? Incentive Awards and Customer Loyalty programs are proven methods to increase profits and improve your bottom line. They can help you be more competitive in the market place and stave off loss of business to new competitors. Incentive Awards and Customer Loyalty programs are one of the most powerful tools available to businesses today.
Properly structured and executed, Incentive Awards programs don't cost you money, they make you money.
What can an Incentive Awards Program do for your business?
- Increase sales and productivity by providing meaningful rewards that have high perceived value.
- Research has shown well designed and executed Incentive Awards Programs can increase sales between 22% and 28% on average.
- Promote loyalty and high morale with your employees which in turn produces a more stable workforce. Reduces costly turnover that is non productive and in the end, it will improve your bottom line.
- The cost of the award in proportion to the increased sales volume is usually low leading to increased profitability of your company.
Important Points About Incentive Awards Programs:
- A well-designed Incentive Program doesn't’t cost you money. it makes you money. It drives sales and motivates for extraordinary results.
- Incentive travel programs work because they force companies to take a long, hard look at their products and services and the way they do business. They help companies identify specific challenges, design a strategy to meet those challenges and motivate key people to accomplish business goals.
- Incentive Programs work because they recognize a fundamental characteristic of human nature - the love of a short-term reward for short-term behavior! “I’ll do it now if you’ll reward me now.” Or, “I’ll give you extra effort if you’ll give me extra reward.”
Request a Proposal and Price Quote for an Employee Incentive Program for your Company