Corporate Gifting To Retain Customers!

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“Customer is king”. This phrase is very well known amongst business houses across the globe. And customers have to be treated very well since they are always special to one’s business.

Sometimes a trader has to go out of the way and deliver more than what is expected by the client in terms of quality as well as quantity. If you are a trader and you certainly over deliver, then you are not having a problem retaining your clients more often than not. But what if you’re not able to deliver what is expected in terms of the agreement signed, you stand to lose a client. In situations like these, a trader can retain the client if the trader organizes a meeting with his/her client and discusses the reasons personally why they fail to meet what is expected. This is the right time to choose a corporate gift for your client and tell them how much you value them. This way, you can even convince them on the points that they would naturally disagree. A box of premium quality chocolates found nowhere locally can be a big delight as a corporate gift.

By gifting an exquisite but simple gift can do wonders and help a trader retain their clients well enough for a long long time. Though what is expected has to be met, there are times when the expectations seems very unrealistic. A trader can even communicate the same to the client and keep their clients doubts about a trader’s product/service at bay.

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Corporate Gifting Interview With Mr. Siddharth Somani

Hello Readers,

Today, we are glad to bring you an interview with Mr. Siddharth Somani, MD – Everplus Plastics Pvt Ltd to state the marketers point of view with regards to corporate gifting. Marketers of corporate gifts have to make a choice. They have to make a decision about what gift should be delivered to whom and when. They are the one’s who facilitate the happenings within the corporate gifting world. And certainly..

It is important for marketers of corporate gifting to know what other marketers think, why and how? Here’s a little questionnaire that gives a brief about a corporate gifting marketers viewpoint.

Questionnaire For Marketers

1. Does Your Company do Corporate Gifting?

Yes.

2. How much on an approximate basis does your company spend on corporate gifting?

Total combined of about Rs 30,000/- (Approximately US $750, US $1.00=INR 40.00) .

3. What is the most unique gift that you have come across?

Some of the clocks and lamps that I have seen are really smart and unique in their designs.

4. As a promotional tool does corporate gifting impact sales? If yes, can you give an example?

Yes, it does. Gifting is used as a tool for the company to reach various levels of any company, right from the top management to the lower clerical staff. The main idea is company recall. People remember such companies. It becomes part of sales promotion. We do this as a means to improve relations with our clients.

5. What are the type of gifts you would normally receive? Which one has been your favorite?

Gifts vary like consumer electronics, leather bags, teasets, dinner sets, etc. The ones that I really like are useful office stationery – office sets and bags.

6. What are the occasions on which you gift your clients? And what is the gift?

Usually for us Diwali is the main season for gifting. Our gifts are usually rockery, leather bags, teasets, dry fruits and silver plated items.

7. Do you read blogs or go use Social networks like Orkut? Which one?

Yes. Orkut, facebook, etc.

8. Do you know that there is an Indian Corporate Gifting Blog (http://blog.giftex.in) ? Would you visit the blog?

Yes and I have been before today also.

Thank you Mr. Somani for giving us your views on corporate gifting with a marketers perspective. We are glad to hear from you. If any other marketers/companies/sales people wish to tell us their views on corporate gifting, you can contact us by leaving your email ID and comments below.

Corporate Gifting For World AIDS Day!

world-aids-day.jpg Today is December 1, World Aids Day!

AIDS stands for Acquired Immuno Deficiency Syndrome, a disease that destroys the Immune system of human beings. If a persons immune system is destroyed, even a small illness like fever cannot be controlled and therefore a person lifespan is shortened. More than 40 million people across the globe are infected with AIDS. It is important to make people aware about this disease, its effect and the manner in which it spreads.

Today, corporates should join hands to promote World AIDS Day in every possible way as they have a lot of social responsibility upon them. The best way would be to gift T-shirts, caps, scarfs, bracelets, badges and lots of accessories with AIDS symbol imprinted on it. Corporates must organize lot of events to promote this day and gift people for participating in these AIDS awareness events. This way, they can achieve the tasks of eradicating the disease which is spreading like fire and gift society its due respect.

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Choosing The Right Gift For The Right Person!

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Choosing the right gift depends upon whom we are gifting and what kind of person he or she is. It’s quite important to be aware of the client’s taste and style to make inner roads to his good books. E.g. the person might be an executive and very fond of playing golf. If he appears on the ‘A’ list of your clients, a miniature golf set for his office will be a hit with him. Or as a smaller option, a golf club or even a card holder with golf clubs will do the job.

There might be middle – level executives who need to plan their hectic schedules, thus a special leather-jacket executive diary would be a great option. If it is a lady, she might appreciate the more aesthetic option like a handmade folder ..

To make sure that the gift fits according to the receivers’ desires, needs and lifestyle is very important.

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Chocolate: The Sweet Taste Of Corporate Gifting!

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We all love chocolates, don’t we? (exceptions excused…)

Chocolates are favorites of all the gifts that we give each other and everyone happily accepts chocolates with a huge smile on their face.

Chocolates definitely make an impression and that too, chocolates help you connect with each other very nicely. The sweet taste of mouth watering chocolates leads us to ask more for it, and that particular want is the defining USP while corporate gifting chocolates to clients, employees or even an ordinary person.

Especially, corporate gifting premium quality chocolates are the ideal way to enhance your relationship to the next level.

Chocolates can be useful highly as a brand promotional tool by gift-wrapping the chocolate boxes with a company logo’s watermark imprinted on it.

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Corporate Gifting To Honour A Brave Social Worker!

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We live in a society which consists of different kinds of people from different walks of life. There are certain people who are different, absolutely in every sense. They have what it calls courage to do a thing that makes a difference to society in ample.

They do everything to establish ‘ a uniform society ‘. Some even commit their whole lives and some even give away their lives in order to make sure that the world, after they are gone, sleeps with peace. They are special and they have to be honored even though if it has to be done within a small budget.

For them, day and night are all the same. They truly reform and transform the lives of millions of people by doing an emotional but magnifying deed.

What matters is to appreciate a brave social worker’s courage and commitment to society, to the world, and to you. Corporate gifting a memento describing the outstanding efforts of the brave social worker along with a rewarding cash/kind gift can be great.

Such people must be honored in a way that the world remembers to do much more than what they did for the society. Corporate gifting such kind of people is not only essential but one of the most important things a corporate company must do. Especially during times of earthquake when you require courageous people to help out the victims, it becomes essential that we take pride in their efforts.

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Corporate Gifting For Trade Shows and Press Conferences!

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Trade shows and press conferences remain as a very good opportunity to make a connection with prospective clients, build a goodwill around the brand and its products, make customers aware about your products very well, generate direct responses, and build a relationship for a long term period.

The most important aspect of an event is to maximize the extent of promoting a brand and its products which further helps in attracting a lot of customers.

So, How can we maximize the extent of promoting a brand and its products?

Well, The best way to do it is through corporate gifting. Corporate gifting enables you to even brand your gift. That’s where the opportunity is. Imagine a situation, where you have gifted a mug or preferably a t-shirt which has the logo of your brand/company on it. You would be able to maximize the extent of promoting your brand and their products very naturally. Your corporate gift will speak for you. Ain’t that good enough?

Moreover, organizing a corporate gifting contest every hour at a trade show would provide you with maximum mileage for your company, brand and products. You can even have some free give aways for all those people who visit your stall. Though these are general trade practices already found at a trade show, you can always come up with a creative idea that sounds good to all people visiting your stall. Sounds good? do comment on what you feel about the same.

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Corporate Gifting! A Gift or A Bribe?

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Corporate gifting is mainly done to strengthen a relationship with people, we know in person, who will enable us to grow in all aspects of our life. Many a times, we gift people just as to get a favor done from them. The point is, is this really a gift or a bribe?

The spirit of corporate gifting enables us to connect with people and make them a part of our lives. Generally, corporates gift a person because corporates feel that the person deserves a special gift and not because they require them to do us a favor. But in corporate circles, instead of wishing and congratulating clients, employees and others for being with us; many corporates tend to bribe them with a corporate gift so as to get some favors. Now this practice will have many backfiring effects as it is encouraging a corrupt practice and increasing the expectations of the person to receive a gift in order to do something for others.

Moreover, it cuts down the motivation factor into pieces and promotes bad performance.

So….

Are we doing good enough by practicing corporate gifting as a means of getting a return favor?

or is it ethical to do just that?

Please let me know your comments.

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Corporate Gifting Tips During Weddings!

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A wedding for most Indian people is once in a life-time affair. Indian culture is so diverse and rich in tradition that an Indian wedding is performed in its most natural, religious and traditional way.

If its the case that your employee is getting married in the most religious and traditional manner, there are some corporate gifting tips an employer must not forget.

The employee is special to an employers business and so is the employees spouse. An employer must gift not only to the employee but also gift his/her spouse. This way, an employer can also encourage and motivate a relationship with the newly wed spouse and create a very good image of the company.

Corporate gifting a not very expensive set of gold jewelry for both the employee as well his spouse with a bouquet of flowers will definitely prove the employers reputation of being a very good company. A set of traditional crockery would also be a good gift if in case, an employer chooses to gift an inexpensive gift.

A very romantic corporate gift to the newly weds such as a honeymoon package would be awesome.

An employer must not forget to brand the gift by wrapping the gift meticulously in an artistic manner so as to create a smile on the employees face.

Most importantly, a greeting card that expresses blessings of a long happy married life is certainly a must. An employer must not forget to express his good wishes to the employee and his/her newly wedded spouse.

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