Use incentives to increase retention. Whether it’s your sales force, partners, research panel participants, or employees, retention is an important part of your company’s strategy. The Bureau of Labor Statistics reported that in 2018, 15.5% of workers chose to quit their jobs, with Millennial workers making up half of those who quit. There are lots […]
Tag: incentive program
Choose The Dine and Go™ Prepaid Card For Your Incentive Program
Choosing the right rewards for your incentive programs are one of the most important steps in creating an incentive program. With a strong knowledge of behavioral economics and understanding matching up relevant incentives to drive behavior, we can identify and define demographics and choose the right rewards and incentives. Whether it’s a program focusing on […]
Get Results With Rewards And Incentives
You want to have the best performing employees. Every company does, but just signing a paycheck alone won’t be enough to get you there. Sure, you’ll have the occasional over-achiever, but for most employees, a paycheck is expected compensation for performing basic job functions and it will not connect at a psychological level. If you […]
Digital Vs. Physical Incentive Redemption
Reward distribution and redemption are key points in the structure of an incentive program. The most common methods include digital codes, physical pieces, or blended systems. Each type has its benefits, and their appropriateness will be dependant on the incentive program’s needs. Direct digital incentives provide an online redemption process, typically using a unique pin […]
The Key To Engaging Channel Partners
Channel partner programs seek a mutually beneficial relationship, but like all relationships, there are steps that need to be taken to avoid relationship problems. You want to feel that your channel partners are meeting your needs and your partners want to feel their efforts are valued and appreciated. But how do you keep the profit-producing […]
Learn This Secret To Measure Your Channel Sales Program’s Success
Records, paperwork, spreadsheets, forms…In a word: Data. The secret to measuring your success is data. If you want to dominate your channel sales and crush the competition, you need the right data to build out the metrics for your program. Once you have the metrics, you can easily identify your program’s strengths, weaknesses, opportunities, and […]
The Building Blocks of a Successful Panel Loyalty Program
Panel loyalty programs increase research firms’ panelist retention, survey frequency, and panelist acquisition programs, making them foundational in increasing your research firm’s profitability and revenue. An effective panel incentive program can build brand advocacy and increase the lifetime value of the panelists. The four basic building blocks when creating an effective panel loyalty program strategy […]
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 […]
Types of Health & Wellness Incentive Programs
It can be a challenge deciding which type of health and wellness incentive program is the best fit for your organization or whether or not you should engage the services of an incentive provider to gain helpful insights. Health and wellness incentive programs are an important part of encouraging health among employees, decreasing spending […]
Increase Genuine Accessory Sales with The Right Sales Promotion
This case study will illustrate how to increase genuine Accessory Sales by implementing a highly responsive sales overlay program that will increase participant engagement by educating participants, using interactive games, and issuing sought-after reward incentives as part of a promotional sales claim process. The case study is an illustrative of the promotion outcome after the […]
Exploring Health and Wellness Program Types. Incentive and Reward Program Series 3
All Digital Rewards, a leading health and wellness incentive provider, is committed to helping health and wellness program managers understand the basics of creating an incentive plan for their members. When creating a health and wellness incentive program, there are four main types that most programs will fall under. In previous posts, we’ve explored type […]
Why Prepaid Reward Cards Continue to Increase Incentive Program Engagement
There is one constant in every marketer’s toolbox when it comes to incentive rewards – Prepaid Reward Cards such as; VISA and brand named Gift Cards are a still a favorite with participants. If you need to increase engagement in a consumer promotion and if you’re not using them – you should be. Some of […]