While the season of giving is an important time of the year to recognize your customer and employee relationships—there are many more opportunities year-round to take advantage of. A great reward strategy should do more than just simply “gift”—it should also help you stand out. According to Forbes, since the pandemic, over 80% of corporate gift-givers said gifts have improved …
Transcend Transactions. Inspire Interactions.
Many of the typical sales rep, partner, or customer reward programs go through the same motions—do this, get that. Send us your email, we’ll send you a gift card. Sell a widget, get a trinket. Your transactions pile up faster than aspen leaves in November, but you might not achieve desired loyalty or sales goals with transactions alone. While it’s …
Updating Your Incentive Travel Budget
The trend is undeniable: Demand for travel is incredibly strong. Despite rumblings of recessions and industry-specific layoffs, travel bookings have been running above pre-COVID levels and incentive travel programs are booking well into 2025 and beyond. While many companies try to keep the cost of their incentive travel program flat year over year, steady inflation will gradually eat into the …
Incentivize Learning, Realize Sales Growth
According to the April, 2023 Academic Research in Action report by the Incentive Research Foundation (IRF), US organizations invest more in sales training than they do for any other employee group. The report states that annual investments average over $2,000 per salesperson1, amounting to more than $100 billion each year2. There’s good reason – training can help to align sales …
Customer Appreciation Day is coming up fast. Do you have an appreciation strategy?
According to Gallup, companies that provide an emotional connection with customers outperform the sales growth of their competitors by 85%. Not only can a customer-centric recognition strategy recognize and retain clients that keep your business going—they also have the power to create strong brand advocates to grow your business and meet goals. Easily automate customer recognition with a referral rewards program, …
Recognition & Incentives: What You Need to Know for 2023
No doubt about it, 2022 was a tumultuous year for businesses everywhere. Many companies strategically increased investment in recognition and incentive programs to stabilize their workforces, and to re-connect after long months of COVID separation from colleagues and clients. It wasn’t always easy, though, as market forces and a re-starting economy created challenges never encountered before – Awards? Stuck on …
Budgeting for Sales Incentives
We’re in the thick of budgeting for the coming year, and quite often we’re asked by clients, “how much should I allocate for incentives this year?” That’s always a difficult question to answer, because the sweet spot in spend for your situation is, well, situational. We look at it like this: if you design your incentive right, it not only …
Travel Partners of the Year 2022 named for exceptional service by Next Level Performance
New Brunswick, NJ, October 18, 2022—Next Level Performance is excited to recognize our dedicated partners during the 2022 Travel Partners of the Year Awards—our first since the COVID pandemic. Next Level awards best travel partners of 2022 in the following categories: DMC Partner of the Year: IMSHotel Partner of the Year: Bellagio Our committed partners at IMS have been named …
A Case For Incentives
As You’re Budgeting for ’23, Plan for Incentives Incentives, rewards, and loyalty programs can have a remarkable impact on the success of your business. As we enter Q4 and the planning season or 2023, we’ve outlined some of the key benefits of budgeting for performance-based incentive programs. Focus on sales performance Incentive programs allow you to quickly focus the behavior …
Straight To The Point: The Misfire of Popular Choice
What is the best reward for employees?
The world is eager to travel.
As COVID-19 vaccinations continue to increase, winter weather breaks in most areas of the country, and restrictions loosen on retail capacities and personal gatherings, Americans have one thing on their mind: it’s time to travel.
Eight in Ten Americans Working from Home Miss In-Person Meetings
Working from home is taking its toll on some Americans. According to a recent study by APCO, a large number of people are missing the human interaction that comes with meeting face-to-face.