Rewards Drive Business Employees will work harder to meet their annual goals if an incentive is attached, while customers will repeatedly return to your business if they earn rewards. But all reward systems aren’t built the same. Your company needs to offer customers, employees, and other stakeholders the right mix of incentives in your gift […]
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Secrets of the most successful market research incentive plans
The most successful market research incentive plans are flexible, simple, have low overhead costs, are easy to administer, easy to monitor and improve, and bring about measurable results. Most companies use their market research incentive plans as a way to reward their panelists for their survey completions. The market research incentive plan should help promote […]
Add Some Fresh Flavor to Your Incentive Program
Are you looking to add some fresh flavor to your incentives rewards programs? Whether it is for market research payment incentives programs, customer incentive programs, employee health and wellness incentive programs, or a channel partner program, there is always more you can do to make your incentives rewards program better. Some of the best ways […]
Are gift cards effective as rewards?
Gift cards are commonly found in reward marketplaces, but how effective are they really? In the past, the Incentive Research Foundation has reviewed the effectiveness of gift cards in reward programs. Gift cards are one of the best representations of non-cash Rewards, and carry all of the benefits typically associated with such rewards. Properly designed […]
Your 2021 Business Strategy and Incentives
2020 has been an unpredictable year, and 2021 has a lot of hopes and dreams pinned on it. For businesses trying to put together their strategies for 2021, it may feel like a challenge figuring out what to expect and how to plan. Fortunately, when it comes to incentives, 2021 has some clear best practices […]
Why your channel strategy should include introducing new incentive technology
Whether you’re starting your first channel sales incentive program, or your company has been using an incentive program for years, choosing the right technology is essential to your success. Does your current incentive management software adequately support your channel marketing strategy? Does it have enough incentives for sales team members to choose from such as […]
Incentives In a Changing World
The world is changing, and with it, the way we conduct business is changing as well. Companies are seeking new methods of customer acquisition. Employee recognition ideas are a high priority. Sales incentives are becoming more common as part of channel marketing strategy. Virtual incentive options are being sought out. You can spend thousands on […]
Do Prepaid Cards and gift cards Increase Incentive Program Engagement?
As an incentive program manager, you want to know what’s going to be most effective in increasing engagement. Whether your program is focused on customer acquisition, employee recognition ideas, sales incentives, direct channel marketing, employee rewards programs, corporate health and wellness, or something else, prepaid cards and both physical and virtual gift cards get results. […]
Why You Need Virtual Incentives For Your Rewards Program
Virtual rewards are a fantastic, bordering on necessary, incentive for any rewards program. Why do virtual visa prepaid cards, digital gift card rewards, e-code redemptions, and other virtual rewards continue to dominate incentive rewards programs? Because whether they’re used for sales incentives, customer incentives, health and wellness, market research programs, or something else altogether, they […]
Why Incentives Are Key To Customer Loyalty
Customer acquisition programs are a priority for every business. Whether goods or services, without customers, you have no business, and without customer loyalty and retention, your business will lack longevity. It can be difficult to implement loyalty programs to inspire customer loyalty and retention, but it doesn’t have to be. Loyalty programs that reward participants […]
Best sales incentive plans Rewards 2020
How do you go about executing super engaging sales incentive plans? By choosing the right rewards! There are several components to getting the best sales incentive plans rewards. You need to find out what rewards will motivate your sales force, you should have the right reward program technology, and work with channel partner incentive vendors. […]
How To Spice Up Your Incentive Program In 2020
2020 is the year to add some fresh flavor to your incentives rewards programs. Whether it is for customer incentive programs, market research payment incentives programs, health and wellness incentive programs, or a channel partner program, there is always more you can do to make your incentives rewards program better. Some of the best ways […]
