2020 Incentive Program Trends
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2020 Incentive Program Trends

BY Lucy Fang
Jan 24, 2020
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2020 Incentive Program Trends

All Digital Rewards is committed to providing you with a dynamic, and engaging program that will meet your company’s goals. For more information on how All Digital Reward can help you with your 2020 incentive program call 866-415-7703 now or click on the button below to schedule a demo.

It’s the New Year, and it’s time for your company to consider how you will move your business forward in 2020. You are out there looking at all the new tools available to you and finding all the best solutions to meet your business’s most significant challenges and upgrade your incentive programs. There are a lot of changes coming in 2020 and many trends to look forward to and plan for. Here are some of the top incentive and reward program trends for 2020.

Digital Rewards

Whether for customer incentive programs, channel sales incentive plans, market research incentives, or anything else. Digital rewards are a trend that keeps going. Digital rewards can include electronic gift card incentives for top-rated brands (Target, Landry’s, Walmart, Sephora, Amazon, Best Buy, etc.), virtual visa prepaid cards, audiobooks or video service subscriptions or credits (Fandango, audible, etc.) and so much more. Digital rewards can be used quickly and provide instant gratification to your participants, which is why they are encouraged by prize incentive suppliers. No one wants to wait for weeks to get their reward. We want things when we win them.

Work From Home Incentives

The number of people working from home has increased by over 110% since 2005 and is only growing. Employers often worry about how to engage their remote workforce. Incentive programs can help employers address many of the concerns they have regarding their telecommuters.

Gift Card Incentives

Gift cards are excellent non-cash rewards and have all of the benefits typically associated with non-cash incentives. In 2020, you’ll see most incentive programs will offer some type of incentive gift cards or visa prepaid card rewards in their reward offerings selection with the help of a gift card rewards & visa prepaid card provider.

Experiential Rewards

More than ever, people are choosing experiences over merchandise. When a company offers experiential rewards, the participant who redeemed the experiential reward will treasure the memories from their reward, and it will create a stronger bond between the participant and your company. They’ll want to earn more rewards and will work harder to get them. They may say that cash is king, but the truth is good memories last forever.

When comparing companies offering incentives rewards program solutions, All Digital Rewards stands out with amazing support, world-class incentive management software, and engaging solutions for every organization’s program needs. We’re your one-stop shop for your incentive program needs in 2020. We understand the importance of providing a custom-tailored incentive solution that will perfectly fit your business’s needs. Our proprietary SaaS with STACK™ Reward Program Management Software provides clients with a turnkey reward management software solution and our incentive program experts can help you plan, implement, and execute an outstanding incentive program.

All Digital Rewards is committed to providing you with a dynamic and engaging program that will meet your company’s goals. For more information on how All Digital Reward can help you with your 2020 incentive program call 866-415-7703 now or click on the button below to schedule a demo.