The holidays come and go, but it’s always a great time for gifting, whether it’s for special occasions or just because. Take a closer look at how organizations effectively reward their employees, distributors, and customers with carefully selected merchandise, and discover what type of gifts recipients actually desire and appreciate the most.

How companies reward with merchandise:

When it comes to how companies reward with merchandise, there are several popular and effective methods. Here are the top ways organizations use thoughtful gifts and high-quality merchandise to recognize and thank their employees, distributors, and customers throughout the entire year. How does your company’s approach compare to these best practices? Are you making the most of gifting opportunities to enhance relationships and boost morale?

  1. Reward a top performer
  2. Reward for reaching sales goals
  3. Customer gifts
  4. Recognize a team
  5. Service anniversary
  6. Discretionary recognition
  7. Other goal-based rewards
  8. Other gifts (to speakers for example)
why companies gift

Source: The Incentive Manufacturers and Representatives Alliance and Incentive Research Foundation – Small Business Merchandise Market Study of companies between $11 million and $50 million in annual sales.

Here’s the type of merchandise recipients actually want.

We continue to see growth with wellness items, new tech, merchandise bars, socially conscious products, and memory merchandise.

According to an IRF Pulse study, electronics, luggage, watches, and jewelry are still the most popular product categories and brand names attract the most attention. See the chart below for more details.

merchandise product categories

Is there more to incentives than gifts?

All that being said, it’s important to keep in mind that people are motivated by different things and in different ways. Sometimes tangible rewards will be the right answer and sometimes just a heartfelt “thank you” will do. That’s why developing a strategic incentive program with clearly defined goals is the first step in optimizing engagement with employees, your sales team, and channel partners, if applicable. Gifts and merchandise are just part of the equation when it comes to recognition programs, but they are very powerful when used in the right way.

Let the gifting begin!

Need help with your gifting strategy?