Investing in business gifts for clients is something that is well worth considering. It’s a great way of strengthening relationships, either with prospective or current clients. It’s also an excellent opportunity to make your company stand out from its competitors. With this in mind, let’s take a look at some of the reasons you should think about corporate gifting.
No business worth its salt wants its clients to feel undervalued. When clients feel as if they’re unappreciated, they may look elsewhere for a business that does appreciate them. Research shows that up to 70% of clients have admitted to switching companies because they felt their original choice was indifferent to them. Business gifts show clients that your company values them. It shows that your brand is keen to express gratitude, which is good for your organization’s reputation.
Many factors come into play when clients choose a business to work with. However, a critical factor that persuades them to continue working with you is your business-client relationship. When clients rarely hear from you — and when they do hear from you, it’s only to ask for a payment on their bill — that doesn’t bode well. It’s clear that your working relationship isn’t at its best.
Conversely, if you maintain regular contact with clients and show you appreciate them with business gifts, your relationship strengthens. The chances of them wanting to continue your working relationship in the long term are far higher. As a result, your business relationship is not only stronger, but also more profitable.
The modern business world is highly competitive. More and more new companies appear in the marketplace every day. Therefore, it is very important to be able to compete with your business rivals. You need to have a highly competitive edge within your sector. If another company out there can provide a better experience, product, or service, clients will soon consider switching.
Nobody wants to lose business to a market rival. That’s why giving business gifts to clients is such a good option. It can help your brand to stand out from its competitors. It doesn’t just demonstrate that your brand genuinely cares about its customers. It also shows you’re keen to make your clients happy. Word of mouth is a powerful tool. If clients are satisfied, the news will spread within their network. You could find you win more clients in the future.
There are many options when you’re choosing corporate gifts. There are so many different types to pick from that there is sure to be something suitable. However, gift cards are an excellent choice for all kinds of clients.
Rybbon supplies an impressive range of gift cards to suit all corporate needs. The choice is enormous, from store-specific cards to virtual Visa or Mastercard gift cards. Rybbon can even supply gift cards that are ideal business gifts for clients overseas. Take a look at everything that Rybbon can offer and begin to build positive client relationships with business gifts.
BHN Rewards puts the power of digital rewards to work for marketers, researchers, and HR managers. Don't forget to check out all the great content in our Resources section!
BHN Rewards puts the power of digital rewards to work for marketers, researchers, and HR managers. Don't forget to check out all the great content in our Resources section!
