Archive for November 2021

Pros and cons of gifting

Are you considering purchasing corporate gifts for your clients? Corporate gifting, when done correctly, may result in happy staff, loyal clients and consumers, and increased brand exposure. To ensure that your clients don’t receive their present and wonder, ‘what were they thinking?’, we’ve developed a list of the benefits and drawbacks of corporate giving so you can be confident you’re making a wise investment.

The pros

Corporate gifts that are well-chosen might help to strengthen your brand.

Investing in corporate gifts that are not only personalized to your customer’s interests and tastes but also embody your own brand’s values, ensuring that your brand remains visible and valuable in the thoughts of your clients or consumers. Make sure to imprint your company’s logo or design on these fantastic presents.

Strong relationships may be built via exceptional gifts.

Investing in corporate giving has been shown to build your network by making your clients feel more valued, appreciated, and cared for, whether they are long-term or new clients. The key here is personalization; you want to give them something one-of-a-kind and, preferably, something they would like.

Promotional gifts may help you stand out from the crowd.

According to research, consumers are more likely to conduct business with brands and enterprises to whom they have a strong emotional connection. By giving corporate presents to your clients around the holidays, at the end of the year, or on special occasions such as their birthday, you set yourself apart from other businesses that would never think of doing so.

The cons

Corporate giving, if not done properly, can make clients feel uneasy.

Although gift-giving is a clear sign of thanks, a rich present might be interpreted incorrectly in some cultures. Overly giving behavior may be interpreted as an attempt to earn more favor or business.

To avoid it, follow these steps: Consider carefully what may make your customer feel uneasy. Always keep fairness and openness in mind. You may even establish firm procedures for gift-giving to ensure that it is within budget, acceptable for the customer and all clients are treated equitably.

Gifting can contribute to clutter.

The last thing you want is for your present to end up in a cupboard or to provide the wrong image of your organization.

To avoid it, follow these steps: Our philosophy is to always present well or not to give at all. Conduct your research. Get to know your customers. Find out what they value, whether they care about the environment or whether they have a mug fetish.