When it comes to running a successful incentive program, when and how you offer rewards matters just as much as which incentive rewards you offer. Offer a great reward when the timing or conditions aren’t right, and you could miss a prime opportunity to motivate employees, build customer loyalty, strengthen sales channel partnerships or boost sales performance. Incentive rewards delivered strategically maximizes their impact and makes them much more likely to hit the particular goal you’re aiming for.
Here’s the condensed version of how and when online rewards, card rewards and incentive travel rewards are most effective:
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