Best Sales Incentive Ideas for Rewards and Awards

by: Luke Kreitner August 15, 2016

When you operate a business, you take responsibility to provide for your wards, the people responsible for the ongoing success of the business. When you take care of your employees, clients, and customers you assure the longevity and continued success of the business. When you prove your loyalty to the people who contribute to your business you earn their loyalty in return. Rewards and awards are a simple solution to accomplish the goal of maintaining your business through continued relationships with the people who matter most. The following best sales incentive ideas will help you show your wards just how much you value them.

Employees Feel Valued with Best Sales Incentive Ideas

Studies prove two points: Employees are happier when they feel valued, and happier employees provide better efforts and results toward the overall success of the business. The simple act of saying, “Thank you,” is a simple tactic to remind your employees of how you appreciate their hard work, but better yet is to put the best sales incentive ideas into practice and give them a bonus through formal recognition. Using a rewards program is mutually beneficial as you can spend less than providing a cash bonus while providing the employee a greater value than they would get from a tip. It is essential to use an experienced rewards provider to determine a gift the employees find valuable at a wholesale price.

Clients Want to Give You Repeat Business

Along with employees, clients are the core aspect of your continued business success and prosperity. Your ongoing clients continue to work with you first and foremost because of their faith in your ability to the job. With that said, you have to recognize your competition can do the job adequately as well; your clients choose you over them because they enjoy doing business with you. If you can provide them awards, rewards, or gifts to show your appreciation for their continued business, they’re going to be happy continuing to use your resources rather than looking for other providers they enjoy seeing.

Occasional Customers Choose You over the Competition

Although ongoing clients are likely the bread and butter of your business, you have to also appreciate the occasional customer who needs you to provide a one-time service. Such customers have options as to who provides the services they need. There are other companies who provide the same service; so, your reputation as a business who gets the job done and makes it an enjoyable experience to work with will provide the best sales incentive ideas and draw in those single serve customers. More importantly, that “one-time” customer may see the value of the service you provide and become a long term client. The way to assure repeat business is to make the customer understand how much you appreciate their business, and personalized rewards show them you understand their needs and want them to return when they need your services again.