In today’s increasingly digital world, incentive programs have to find ways to provide rewards that meet the expectations of their participants. Good incentive program managers and rewards companies are always looking for more relevant types of incentives for their program participants. Digital rewards can be a massive benefit for programs such as B2B programs, B2C programs, B2B2C programs, employee incentive programs, wellness rewards, research rewards, holiday rewards, channel partner solutions, and so many more.
Top-Performing Companies’ Incentive Strategies
A study from the Incentive Research Foundation (IRF) found that top-performing technology companies prioritized the following traits in an incentive program:
- High levels of engagement
- Easy redemption experience
- High perceived value rewards
- Reach all participants
Digital rewards make it easy to provide those program traits. Gift card options were a favorite type of reward among top technology company incentive programs. Both gift card and digital prepaid card rewards can be provided by a reward supply company in digital formats. These can be integrated into a tailor-made rewards market place as easy-to-redeem virtual gift cards and custom prepaid debit cards with the hosting company’s branding. Participants will be happy prepaid cards and gift cards are available to them, as these are high perceived value rewards, with the added benefit of instant redemption since they are in digital form.
Digital Reward Technology
When providing digital rewards, it is important to have the right rewards technology to allow for:
- Easy rewards distribution
- A simple process for participants to activate prepaid card and gift card rewards
- Reward program customization options
- Program security
With good incentive technology in place, participants shouldn’t have a hard time figuring out how to activate visa prepaid card or egift card rewards. This will create higher levels of engagement amongst participants. Customization also increases engagement with a company’s brand. Security creates trust among participants. The support available from an incentive program technology provider will allow for changes and help to be provided quickly to ensure a positive experience, both for program administrators and participants.
Digital Incentive Solutions For You
All Digital Rewards has an extensive offering of prepaid products for incentive and reward programs that can meet your company’s stakeholders’ incentive payout goals. Whether you are looking to provide solutions that reward or provide an incentive for your employees, add new customers or increase the loyalty of existing users, our prepaid card solution will work best for you.
Card Programs Types Available:
- Open and Closed Loop
- Standard, Semi-Custom, Custom
- Virtual and Physical Prepaid Reward Card
- Visa® and Mastercard®
- Name Brand Gift Cards
- Reloadable – Virtual and Physical
- Merchant Restricted Access
- Multiple Cards Per Card Carrier
- Multiple Inserts Per Envelope
Our card products can be co-branded with your company’s logo and artwork. We offer bulk custom, personalized prepaid debit cards delivered as a physical reward card at an event, in a mailer or virtually online.
We partner with Visa® and Mastercard® to offer a wide variety of physical and virtual prepaid cards that can be fully branded and personalized. ADR also offers both digital and physical gift cards from over 175+ popular brands.
If your program needs to include integration into an existing CRM and a seamless user experience, our reward API, Reward WIZARD™, will give you easy access to a highly responsive end-to-end complete solution.
Call the team at ADR and we will help guide you to select the right digital prepaid and/or gift card product to best match your corporate incentive objectives. This will help drive the behavior of your participants to achieve the best results at a price-point your organization can afford.
For more information on our Prepaid cards, EZEPIC™ gift card mall and the extensive offering of top brand gift card suppliers, our STACK™ SaaS platform applications that support them can benefit your incentive program initiatives, call 866-415-7703 now or click on the button below to schedule a demo.