There are so many different schools of thought and strategies when it comes to operating business incentive programs. How do you know which incentive strategies you should use? It all comes down to who you want to incentivize or reward.
There are three main types of incentive programs: sales, customer loyalty, and channel. Tweaking your incentive strategies to specifically target each group is the best way to get maximum ROI from your program. Here’s the low-down on the strategies are best suited to each group:
1. Sales Incentive Programs
2. Customer Loyalty Programs
3. Channel Incentive Programs
For more tips on what you should look for in an incentive program provider, check out the slideshow below!