COMPARING TYPES OF INCENTIVE PROGRAMS FOR 2019
It’s the New Year, and it’s time to consider how you will move your business forward in 2019. You are probably looking at all the new tools available to you and considering all the best solutions to meet your business’s biggest challenges. As you consider these, don’t forget to take a moment to evaluate the benefits of implementing an incentive program for 2019.
What is an incentive program?
Simply put, an incentive program is a means of rewarding desired behavior or actions. Incentive programs have a myriad of uses. You could use a sales incentive program to motivate your sales force to improve their performance in 2019. You could start a health and wellness incentive program to promote a healthier workplace. An incentive program could be used for employee recognition or as part of a loyalty marketing campaign. The sky is the limit when considering an incentive program!
What types of promotions can be used with an incentive program?
An incentive program can involve a number of different promotion types. Employees could earn a chance to play an instant win game set up to give them a chance to win virtual prepaid cards or perhaps a family vacation. Another option could be a sweepstakes program to increase customer loyalty and engagement. You could also institute a points-based incentive program as part of your company’s health and wellness incentive program. There are so many options to choose from!
What do you need to set up an incentive program?
There are several steps you’ll want to take when setting up your incentive program. You will need to plan out what kind of incentive program you want to implement. Talking to an incentive program expert can be an important part of this process.
You will need to decide what kind of rewards will you be offering. Will you work with digital reward vendors? Offer travel and experiential rewards? Gift cards? Merchandise? Will you provide the rewards, or work with an incentive provider?
You will also need to make sure you have the right kind of software to run your program. The right incentive management software and reward management system are important to the success of an incentive program.
When comparing companies offering incentive program solutions, All Digital Rewards stands out with phenomenal support, effective incentive management software, and engaging solutions for every organizations’ program needs. We’re your one-stop-shop for your incentive program needs. We understand the importance of providing a custom-tailored incentive solution that will perfectly fit your business’s needs. Our proprietary SaaS with STACK™ Loyalty 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 2019 incentive program call 866-415-7703 now or click on the button below to schedule a demo.