This is not only to thank your customers, workers, or business associates but it also a great way to stay your business in a long run. There are so many companies that implement different types of incentives for purchasing their products and services or to reward their staff for working good. And one of the popular methods to attract more customers is travel incentives. There are recreation incentives that the company can benefit as in fact, it is way cheaper and in that case, they can buy it bulk or tour packages which are a much lesser price. Many believe that offering free gifts and other incentives is one of the best marketing strategies in today’s business environment and thus increase the revenue of the company.
The 2 types of incentives you can implement in your business: financial incentives or the monetary benefit where the increment in their salaries and promotions. And the non-financial incentives which include giving a certificate, discounts, free gifts and coupons.
Why is the incentive program important?
It is a great way for your employees to increase their work and productivity, keep them happy and motivated. Giving them free time rather than more pressure. And this making sure that these people will stick around and your business will go well.
These travel incentives were very unique, as it provides meaningful experiences where coworkers become a team, they get appreciated and this is way better than monetary benefit. Its been a proven motivator and serves a purpose.
A study shows that companies having an incentive program increase their sales by up to 25% compare to those that didn’t have. So it has a positive impact on business owners.
It doesn’t need to be a luxurious or perfect travel, but a real deal for the most desirable destinations. A local places like Las Vegas or Hawaii where everyone can enjoy tourist spots, beaches, casinos, art galleries and maybe eat some of their best steaks and get hot and steamy in a spa.
Keep in mind that this incentives program can stimulate the company and everyone can benefit. You can offer a travel incentive that combines 3-day 2-night vacations with several major hotels. An 8 days 7 nights vacations for a resort getaway. $1,000 grocery savings and $1,000 restaurant savings.
Give your customers and employees the gift of free travel and watch your sales increase. If you are thinking that having an incentives program for your company is expensive, well then think again.