Non-monetary incentives for customers and employees have been shown to increase annual turnover by 9.6% and productivity by +14.0% for companies that have implemented them. Here are some tips to make a great impression when you give the next Singapore Corporate Gifts.
Keep a Strict Eye On Your Spending
Make a budget for the gifts you give to your clients to know exactly how much you can spend. When it comes to gifting, most companies don’t have a budget in place and can’t measure the return on investment. Treat your business gifts as you would any other investment is our best advice.
The Right Message Should Be Conveyed, So Don’t Overdo It
Because of the personal relationship with customers, clients, and employees, you want to show them how much you appreciate them. It should not be based on how much business you do with them.
Sending a gift out of line with the client’s budget may imply that you’re out to get them. Most of the time, you’ll come across as overbearing and desperate, which is exactly the opposite of what your gift is meant to accomplish. Ask yourself, “Is this too much?” in most situations. Instead of focusing on the price of the gift, try to find a balance between its value and usefulness. The best advice is to think about what the recipient will appreciate and not spend too much money when something simpler will do.
Make Sure Your Gift Is Useful
A gift that can be used regularly is worth more than a once-in-a-lifetime dinner. It is always preferable to give someone a gift that directly impacts their day-to-day life, makes life easier, or solves a common problem. If you want to make someone’s life a little easier, the best advice is to give them something that can be used daily.
Put Your Stamp On It
Make the gift special with a personal note explaining why you chose the gift and why you thought they would appreciate it to stand out. Check out Corporate Gifts Singapore Wholesale for help. It’s mind-blowing how much impact a seemingly insignificant act can have. Companies that are trustworthy and care about their customers are more likely to get business from their customers.
Please do not underestimate the importance of personalizing your message by delivering it in person or including a handwritten note explaining your goals.
Think Carefully Before Making a Choice
Most people get gifts that sit unused for a long time. Make sure yours isn’t one of them by picking wisely and coming up with something unique for your next corporate gift.
When it comes to gifting time, whether it’s for project completion, a special event, or as a thank you, it’s important to know if the recipient prefers travel over sports, technology over fashion, or chocolates over cheese. Converse with customers and employees to discover their personal preferences. Please note them in your company’s CRM system, or write them down yourself.
