Without the proper wellness program strategy, No health and wellness incentive promotion is guaranteed success. However, this doesn’t mean it has to be a complicated process. When making changes to an existing program or setting up a new one, if you cover the basics and work with experienced experts, you’ll find that your program is well on its way to success. It is essential to your program’s success that you ensure proper planning is aimed toward increasing participation in your health and wellness program. Listed below are a few basics to help guide you to boost participation rates for your health and wellness platform. -You need a well-designed and thought-out program where candidates can reach their goals. -The more participants, the better for your program. When building your program’s timeline, allow a sufficient amount of time to build up interest and excitement (several weeks or so) for your health and wellness program. A number of educational information and announcements released over the course of your build-up period will increase interest. Examples can include: Helpful Tips: -Use attractive visual presentations -Demonstrate a few examples of what to expect -Pass out questionnaires and enrollment packets for those who would like to enroll […]
Tag: Rewards
Get What You Need To Perfect Your Reward Program
Now is the ideal time to find what you need to create, launch and manage a successful rewards program. And what is that? Technology! Fostering a powerful rewards program strategy is only one piece of making a reward incentive program. You need to think past the sorts of the prizes presented in your program. . It is fundamental that you ensure you find the right rewards program provider and management technology to ensure your program’s ease, transparency, performance, and success. It is just as significant as choosing the right rewards to offer A fully custom technology solution that will work for your program’s requirements is the most ideal choice to incorporate at your program’s launch, however it tends to be challenging to track down something budget will allow, which could cause you to consider not investigating the best available options in today’s reward technology market space. Yet, imagine a scenario in which you could have a program management tool tailored to your specific program needs at an affordable price. Sounds too good to be true? It isn’t. The following is what you can expect from All Digital Rewards, a leading reward management technology provider, and what you should be on […]
Five Quick Tips For Choosing the best Enterprise Reward Solutions
Are you looking for what it takes to create, launch and manage a successful rewards program – Technology! Developing an effective rewards program strategy requires the best enterprise reward solutions. You need to think beyond what types of rewards are offered in your program. You need to find the right rewards program provider and management technology to ensure your program’s performance, ease, transparency, and success. It is every bit as important as selecting the right rewards to offer A fully custom technology solution that will work for your program’s needs is the best option, but it can be difficult to find something that fits both your need and your program’s budget. With a little effort shopping around, you can have a program management tool tailored to your specific program needs at an affordable price. The following is what you can expect from All Digital Rewards, a leading reward management technology provider, and what you should be on the lookout for when shopping around for other providers. The Must-Have’s: -The provider should be able to accommodate full Admin access for you and any other users that will need to get in to control the program. Your Own Branded Marketplace/Participant Portal -A […]
Get Up to Date with the Latest Research on Teams and Incentives
Incentives are a popular way to motivate workers and teams. The question is, how do incentives benefit team dynamics? The Incentive Research Foundation recently released an article addressing this very question. When asked whether they’d rather work on a team or as an individual, ¾ of workers surveyed said that they preferred to work as individuals. Despite these preferences, the majority of workers also acknowledged that teamwork is important to their company’s success. If used strategically, incentives can have a positive effect on team performance. Most leaders tend to choose to recognize individuals over the team as a whole. The IRF postulates that this may be a result of individual successes being easier to observe and measure, rather than team performance. However, rewarding individuals doesn’t do a lot to improve the team’s performance, and there is a risk of creating jealousy or resentment. Rewarding an entire team can be tricky, but it can also be very beneficial to your organization. According to the IRF, team rewards tend to do a better job of improving performance than individual rewards. Many researchers have found that the best results come from a hybrid model of individual and group rewards, particularly when you have […]
Why Participant Happiness is the Key to Your Loyalty Program’s Success
What do your participants think of you? No matter what kind of rewards program you’re running, this question is important. This is the moment you throw out all the advice you ever heard about not caring what other people think about you. In the business world, people’s opinions can make or break you. According to the White House Office of Consumer Affairs, loyal customers are worth up to 10 times as much as their first purchase. The Office also says that news of bad customer service reaches more than twice as many ears as praise for an excellent service experience. People trust reviews and the opinions of their peers. If you keep your participants happy, they’ll reward you with loyalty and positive reviews. If you don’t keep them happy, they’ll let everyone know. Now, it is truly impossible to make everyone happy. However, there are some key steps you can take to make sure your participants are happy with your rewards program. Your participants need to be able to access their rewards easily, without any issues. This means having a plan and technology in place to allow for easy reward redemption. If you’re using a website, make sure that it […]
5 Mistakes That Can Ruin Your Rewards Program
Rewards programs are used across many industries such as healthcare, market research, channel partner programs, and more. Some businesses are very successful with their programs, whereas others struggle to get a return on their investment. No matter what kind of rewards program you are running, there are 5 mistakes that can ruin your rewards program’s success. Starting your rewards program without a good strategy is a recipe for disaster. You need to have clearly defined goals and a strategy of how to reach those goals before you even start. This will give you a timeline for you to measure your progress against and the key performance indicators to help you know if your program is working. Participants love rewards, but if you offer the wrong ones, they may feel insulted and have a negative view of your company. You need to make sure you understand the demographics involved in your rewards program and choose rewards that they will highly value. By doing this, you will resonate more in their minds as a company they can trust. With enough positive reinforcement, you will create a relationship with your participants that will last for years. Technology is constantly changing; keeping old legacy […]
White Paper: What Are Best Practices for Creating a Consumer and Customer Rewards Program?
Consumer and customer rewards programs are a widely popular method of engaging with an organization’s customers, increasing brand loyalty, sales, and more. Over the years, our team at All Digital Rewards has seen changes in participant reward delivery preferences. Evolving participant preferences has sparked a much-needed innovation in promotional and loyalty technology, the security systems that protect it, and the type of rewards and incentives issued through it. Experience has shown All Digital Rewards that some best practices need to evolve to meet ever-changing market demands for reward and incentive promotions and programs. Here are our top 10 best practices. Having objectives is essential to any venture, but unfortunately, it is more common than not for an incentive program manager to outline the program objectives inadequately. You’d be surprised at how many companies want to start a customer incentive program with the vague goal of simply boosting sales. Increasing your sales isn’t the only target, but more profound questions to answer to hone into the program’s true objectives. Consider, is your problem 1) that you’re not bringing in enough new customers, or 2) that your competition is getting all your potential customers? If it is the latter, why? Is it […]
Top Instant Issue Gift Card Rewards
Gift card rewards can attract and engage market research panelists, customers, channel partners, and employees. They increase brand awareness, motivate sales teams, help retain panelists, and so much more. People engage with gift card rewards in a similar way to how they interact with cash. They’re incredibly appealing and can be used by anyone. Gift cards help build trust with your reward program participants through brand recognition. Some of the top gift card brands reward program participants love to claim are: Walmart, Starbucks, Sephora, Amazon, Target, and Chipotle. You can use either virtual or physical gift cards in your reward program. Virtual gift cards work as instant issue gift cards, which have the added benefit of immediate redemption. This increases their effectiveness with your end-users, as it gives them an extra level of satisfaction. If implemented correctly, gift card rewards can help drive up your reward program ROI. Gift cards can be used for a range of different types of rewards programs such as channel sales, health and wellness programs, sweepstakes, employee recognition, market research, and points-based programs. All Digital Rewards can help you select the right gift card and e-gift card products to reach your organization’s reward objectives best. […]
White Paper: The Secret To The Right Rewards
An effective rewards program benefits both recipients and the sponsoring organization. When participants get recognized for targeted behavioral outcomes, they have an increase in interest, satisfaction, and involvement in organizational activities. As a result, the organization experiences greater outcomes, efficiency, and an increase in revenue and productivity. According to one popular theory of human motivation, actions often are inspired by a desire to gain outside reinforcement. In other words, human beings are programmed to perform when they know they will be rewarded or recognized for their actions. This motivation theory suggests an eagerness for the addition of a reward and that it may not only be wanted but needed to motivate behavior. Rewards have a range of uses. They can be good for recognizing people who have stopped performing specific actions, as can be seen in health programs that reward activities like smoking cessation. More importantly, rewards are used to reinforce desirable behaviors, such as increases in sales, engaging in healthy living, performance improvements, and more. The more importance an individual put on the reward offered, the more influential it becomes in changing their behavior. An extensive offering of rewards increases your chances of building better behavioral outcomes for audiences […]
Why Your Incentive Program Needs a Stronger Reward Mix
A good reward mix can lead to a high ROI and successfully meeting your goals. If your incentive program isn’t meeting your goals, it may be time to consider a more robust reward mix. […]
2021 Incentive Trends To Watch For
A busy new year has started. Incentive program managers are focusing forward on what will be important for their 2021 rewards programs. Fortunately, they don’t need to consult a magic 8 ball for insight. The Incentive Research Foundation (IRF) released their 2021 trends report, which has a great deal of data to help plan for the year ahead. We will go over some of their top findings. The IRF found that in 2020 merchandise was used by 68% of incentive programs, and gift card use rose 26% after the start of the COVID-19 pandemic. They predict that in 2021 there will be an increase of 33% for gift cards and 24% for merchandise. They also predict that later in the year, as the vaccine rolls out, there may be an increase in demand for experiential rewards. This is why in 2021 incentive program managers should seek out reward distributors with robust incentive offerings, which include cash-equivalents, such as gift cards and prepaid cards, as well as merchandise and experiential rewards. It appears that part of the secret to successful incentive programs is choice and personalization. The IRF found that things like branding and giving incentive program participants choices in what […]
Studies Show the Solution to Raising Performance and Productivity
Incentives have long been recognized as one of the most effective ways to motivate others. The importance of incentives is known internationally. A research paper by Calista Lai of the Jyväskylä University of Finland explores the benefits of incentives. When it comes to channel sales teams, employees, or anyone else, the equation for productivity is: Ability + Motivation = Productivity According to Calista Lai’s research, the difference between Incentives and rewards is as follows: “An incentive is defined as something that triggers a particular course of action, a reward is given following a desired behavior to increase the probability that the behavior will be repeated.” Ideally, rewards and incentives are used together, both to encourage desirable behavior, and to reward positive action. There are three categories that rewards/incentives fall into: Examples of monetary incentives could include stock options, bonuses, paid time off, etc. Tangible non-monetary incentives include Visa Prepaid Cards, Gift Cards, merchandise, experiential rewards, etc. Intangible non-monetary rewards typically take the form of social recognition. A study in Performance Improvement Quarterly found that incentives can improve performance by as much as 44% and increase productivity by 27%. If you’re ready to start an incentive program or take your current […]
