Key Reasons to Introduce Corporate Gifting Into Your Business
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By Pam
There are two aspects to corporate gifting that need to be considered: gifts given to clients and gifts given to employees. While engaging in at least one is recommended, engaging in both is vital if you want to maintain positive relationships with both.
Giving personal gifts to staff can help to improve their engagement levels, reduce turnover, and accumulate loyalty.
A lot of the same applies to clients as well, as you can improve relationships and increase your client visibility through thoughtful corporate gifts. To expand further upon these facts, we have written up more about the benefits of corporate gifting below.
The business world today is tough and rife with competing businesses, and that’s why it is so important to be able to stand out among them.
The practice of handing out meaningful gifts will not only drum up a positive outlook toward your business, it will also prove that you are a brand that earnestly cares for its clients and employees.
To really set your business apart, you need to up your corporate gifting game. Don’t settle on boring or overdone gifts – aim for something that you can personalise with your business name or the name of your clients and employees.
A personalised gifting touch can go a long way toward increasing your business’s reputation, so carefully consider what kind of personalised corporate gifts would work best.
For those who have a sweet tooth, consider personalised gifts this holiday season, like the delicious sugar cookie gift box made by My Cookie Shop. These cookies are handmade and freshly baked with only the best Australian ingredients and include 2 cookies with whatever text you wish to include, with the option of adding in a hand-painted gift note with whatever message you want to include.
Other great personalised corporate gift ideas include customised premium kangaroo leather bookmarks, custom resin-coated coasters, and personalized acrylic holiday baubles.
Maintaining strong relationships with both employees and clients is paramount when it comes to keeping your business thriving. Not only that, but a strong bond between you and the client is one of the main ways to ensure that they keep choosing you over your competitors.
Many businesses that do corporate gifting only over the Christmas holidays, but if you periodically send out corporate gifts throughout the year, you will be fostering a perpetual bond between the two of you.
Your business wouldn’t be anything without your clients or your employees, and taking them for granted is unwise for numerous reasons. Undervaluing both clients and employees can lead to loss of business and high employee turnover, so make sure that they know you value them by sending out corporate gifts.
Even a small, yet thoughtful gift can go a long way toward letting a client know how much you value their business and an employee how much you appreciate their hard work.
When it comes to your clients and employees, if possible you should make an effort to recognize them on an individual level. Whether you do this with the aforementioned personalised corporate gifts or through branded gifts, going this extra mile will leave the recipients feeling appreciated.
Undervaluing employees is one of the leading causes of high employee turnover, which is never a good thing. In addition to that, undervalued employees also tend to be unhappy in their jobs, which can significantly reduce their productivity.
When this happens, you will more than likely end up with a deeply negative work culture that can lead to even more problems.
Adopt a corporate gifting strategy that highlights achievements and dedication among employees. Let them know that their efforts are always appreciated through gifts.
By doing so you are going a long way toward creating a positive work environment, which can have a direct impact on turnover rate and productivity.
As you can see, there are many benefits to corporate gifting. Whether it’s strengthening client/business relations or developing a positive relationship between you and your employees, corporate gifts are a great method of improving your business’s overall standing.
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