Using These Cash-Based Incentives Will Take Your Channel Partner Program To The Next Level

BY Lucy Fang
Oct 09, 2021
blog image All Digital Rewards - Using These Cash-Based Rewards Will Take Your Channel Partner Program To The Next Level

One of the main staples for motivating your channel partners are high-quality channel partner reward programs. Rewards programs are used to increase motivation and increase sales. If you choose the right rewards and incentives it will ensure that your Participants will have an amazing experience with your channel sales program. 

Here at All Digital Rewards, our case studies have shown outstanding returns on investment for companies that have chosen rewards that are the right fit for their reward programs. Cash Equivalent Incentives for channel partner program participants are a popular choice among companies and their program participants. Participants love cash-equivalent and cash-based rewards. These can include physical and virtual gift cards, Visa® prepaid cards, checks, and so much more.

Cash-based rewards can be blended with merchandise rewards. Blended reward marketplaces on average perform better than programs that focus on only one or the other. This will also give your participants more reward options to choose from. 

Using digital cash-equivalent rewards allows you to save both money and time. Your participants can receive their rewards instantly, and you don’t have to take the time, effort, or cost of mailing out individual checks to your participants. All Digital Rewards has an extensive catalog of digital reward offerings, including name-brand gift cards to your participants’ favorite stores. 

It has been proven time and time again that reward program participants are more motivated by being given the chance to self-select their rewards. Our team at All Digital Rewards can set you up with a redemption site that will give your channel sales program participants the ability to easily choose between different cash-based rewards. We can include merchandise, or experiential rewards as well to create a custom experience, specific to your participant demographics. No matter what your needs, we have the rewards that are right for your channel sales reward program that will allow you to avoid complaints from unhappy participants and stick to your organization’s budget.

You need a management system that removes the guesswork from channel partner reward programs. All Digital Rewards’ channel sales reward program management technology, ChannelSTACK™, makes it easy for you to deliver rewards and track program metrics.  ChannelSTACK™ is a channel partner engagement reward management platform utilizing ADR’s various microservices that provide PCI level security, single-point integration, scalable proofing systems, complex event processing, reporting, and analytics. We can create a redemption system for you, or we have integration options for your existing system. With our Reward WIZARD API, we can provide a single point of integration to your existing system asset that connects directly to our extensive reward offerings.

All Digital Rewards is an exceptional reward provider and reward management company. We the technology, reward management software, rewards and rewards, support services, and know-how to increase the ROI of your next channel sales reward program. All Digital Rewards’ fully customized web-based solution, ChannelSTACK™, is designed to support your channel partner initiatives. To speak to one of our channel partner reward program experts call 866-415-7703 or click the “Schedule a Demo” button at the bottom of the page!