Do you need sales incentives to inspire or reward your employees?
Do you need sales incentives to inspire or reward your employees?
A gift card from GoGift can do exactly that!
A gift card from GoGift can do exactly that!
GIFT CARDS FOR SALES INCENTIVES
Are you tired of giving the same old-school, impersonal cash rewards to your well-performing employees?
Start giving a more personal gift, such as a gift card from GoGift, that can not only reward but also motivate your employees. Read more about how gift cards can be the perfect addition to your sales incentives programs below.
GIFT CARDS FOR SALES INCENTIVES
Are you tired of giving the same old-school, impersonal cash rewards to your well-performing employees?
Start giving a more personal gift, such as a gift card from GoGift, that can not only reward but also motivate your employees. Read more about how gift cards can be the perfect addition to your sales incentives programs below.
What is a sales incentive?
An incentive is, in other words, a reward. It can motivate and encourage your employees to perform better, feel good about themselves, and it can, in general, lead to better well-being of your employees.
BENEFITS OF USING SALES INCENTIVES
Create motivation and better employee satisfaction
Sales incentives are often used to motivate employees in the sales team or to acquire better customer loyalty. The idea of a sales incentives program is to reward great performances individually or team-wise. When people are rewarded for an excellent effort, they feel motivated to keep on working to achieve their goals. Also, sales incentives make the employees feel appreciated.
What is a sales incentive?
An incentive is, in other words, a reward. It can motivate and encourage your employees to perform better, feel good about themselves, and it can, in general, lead to better well-being of your employees.
BENEFITS OF USING SALES INCENTIVES
Create motivation and better employee satisfaction
Sales incentives are often used to motivate employees in the sales team or to acquire better customer loyalty. The idea of a sales incentives program is to reward great performances individually or team-wise. When people are rewarded for an excellent effort, they feel motivated to keep on working to achieve their goals. Also, sales incentives make the employees feel appreciated.
GIFT CARDS AS SALES INCENTIVES
A sales incentive for all
A sales incentive is not just cold cash rewards; it can also be an object, an item of value, an event, or a desired action. Whatever your colleagues are inspired by, you can find it at GoGift: We have experienced that a gift card is a perfect choice for sales incentives due to the large selection of different things that our gift card gives access to.
With our Global Gift Card, your employee or customer has a free choice to choose if the gift card should go to a dinner with family or friends, new clothing, a new exciting experience, or something completely different. The selection is big, and we guarantee that there is something for all of your workers.
GIFT CARDS AS SALES INCENTIVES
A sales incentive for all
A sales incentive is not just cold cash rewards; it can also be an object, an item of value, an event, or a desired action. Whatever your colleagues are inspired by, you can find it at GoGift: We have experienced that a gift card is a perfect choice for sales incentives due to the large selection of different things that our gift card gives access to.
With our Global Gift Card, your employee or customer has a free choice to choose if the gift card should go to a dinner with family or friends, new clothing, a new exciting experience, or something completely different. The selection is big, and we guarantee that there is something for all of your workers.
Why use Gift Cards for sales incentive?
There are a lot of good reasons for using gift cards as sales incentives. And because of the flexibility of The Global Gift Card from GoGift, you can use it for all kinds of sales incentives. Give it to your sales team members for good performances or send your regards to a new business partner.
No matter what reason you have to use a sales incentive or make a sales incentives program, it is a win-win situation: Your employees win because they are rewarded for their hard work, and your company wins because it is more likely to achieve the company goals.
You can read more about how you can use a gift card for sales incentives below.
Employee Awards
Have your sales team performed above average? A great way to reward and motivate your employees, even more is by giving them a gift card to spend on whatever they want, however, and whenever they like.
Consumer Promotion
A great way to create better customer loyalty is by giving gift cards that your clients can use how they want. You can also raise customer satisfaction with a gift card from GoGift. If you have international business partners, remember our Global Gift Card is cross-borders and cross-currencies - read more about this further down the page.
Festive Gifting
Congratulate your employees on a good, profitable year on New Year’s Eve, or celebrate the festive days with a gift card from GoGift. It is the perfect way to send your coworkers home with motivation and happiness running through their veins.
Retention Programs
A gift card now and then can help you maintain your most valuable assets: Your employees. Employee satisfaction costs time and money, and an easy way to raise the satisfaction of your employees is to give a gift card for them to spend how they want.
Sales incentives increase the overall perfromance!
Studies show that sales incentive programs aimed at individual workers increase performance by 22 per cent, and programs aimed at teams increase performance by a staggering 44 per cent. No matter how you choose to reward your employees, you are most likely to gain from it. Start by giving gift cards from GoGift that can be used by everyone on a lot of different things.
YOUR ONE-STOP SOLUTION
The Global Gift Card from GoGift!
Are you looking to boost sales, motivate employees or gain a higher customer value? Then the Global Gift Card is the solution for you. Our Global Gift Card is the absolute, most popular gift card for businesses as it can be used for motivation and rewards. And what better way to reward your employees than a gift they will appreciate and love?
With the Global Gift Card, you can freely choose the card’s value, and the receiver has a free choice of where the card should be used and on what.
A gift that can travel across borders!
With The Global Gift Card, you can send thoughts, presents and motivation across borders and get the card’s value transferred to another currency. That means; if you have bought a card in one country, it can be transferred to another country and another valuta. You can buy as many gift cards as you want, customise and personalise them, and we are responsible for the delivery to all the countries where you have employees. It has never been easier to create a sales incentives program for your entire international business.
BENEFITS OF USING SALES INCENTIVES
A gift card that gives access to different things
When your employees receive the Global Gift Card, they are free to choose between all the different stores, webshops and experiences that can be found at GoGift. That way, you are sure to give a gift that your employees can find a use for.
The gift card has a long expiration date, so the receiver can take their time selecting from the wide variety of shops and experiences that can be found at GoGift.
Why use Gift Cards for sales incentive?
There are a lot of good reasons for using gift cards as sales incentives. And because of the flexibility of The Global Gift Card from GoGift, you can use it for all kinds of sales incentives. Give it to your sales team members for good performances or send your regards to a new business partner.
No matter what reason you have to use a sales incentive or make a sales incentives program, it is a win-win situation: Your employees win because they are rewarded for their hard work, and your company wins because it is more likely to achieve the company goals.
You can read more about how you can use a gift card for sales incentives below.
Employee Awards
Have your sales team performed above average? A great way to reward and motivate your employees, even more is by giving them a gift card to spend on whatever they want, however, and whenever they like.
Consumer Promotion
A great way to create better customer loyalty is by giving gift cards that your clients can use how they want. You can also raise customer satisfaction with a gift card from GoGift. If you have international business partners, remember our Global Gift Card is cross-borders and cross-currencies - read more about this further down the page.
Festive Gifting
Congratulate your employees on a good, profitable year on New Year’s Eve, or celebrate the festive days with a gift card from GoGift. It is the perfect way to send your coworkers home with motivation and happiness running through their veins.
Retention Programs
A gift card now and then can help you maintain your most valuable assets: Your employees. Employee satisfaction costs time and money, and an easy way to raise the satisfaction of your employees is to give a gift card for them to spend how they want.
Sales incentives increase the overall perfromance!
Studies show that sales incentive programs aimed at individual workers increase performance by 22 per cent, and programs aimed at teams increase performance by a staggering 44 per cent. No matter how you choose to reward your employees, you are most likely to gain from it. Start by giving gift cards from GoGift that can be used by everyone on a lot of different things.
YOUR ONE-STOP SOLUTION
The Global Gift Card from GoGift!
Are you looking to boost sales, motivate employees or gain a higher customer value? Then the Global Gift Card is the solution for you. Our Global Gift Card is the absolute, most popular gift card for businesses as it can be used for motivation and rewards. And what better way to reward your employees than a gift they will appreciate and love?
With the Global Gift Card, you can freely choose the card’s value, and the receiver has a free choice of where the card should be used and on what.
A gift that can travel across borders!
With The Global Gift Card, you can send thoughts, presents and motivation across borders and get the card’s value transferred to another currency. That means; if you have bought a card in one country, it can be transferred to another country and another valuta. You can buy as many gift cards as you want, customise and personalise them, and we are responsible for the delivery to all the countries where you have employees. It has never been easier to create a sales incentives program for your entire international business.
BENEFITS OF USING SALES INCENTIVES
A gift card that gives access to different things
When your employees receive the Global Gift Card, they are free to choose between all the different stores, webshops and experiences that can be found at GoGift. That way, you are sure to give a gift that your employees can find a use for.
The gift card has a long expiration date, so the receiver can take their time selecting from the wide variety of shops and experiences that can be found at GoGift.
GENERAL FACTS ON
Philippines
109M
Population
Manila
Capital
Filipino
Official language
Philippine Peso
Currency
National holidays
Philippines gift card market size
In value terms, the gift card market in the Philippines has recorded a CAGR of 10.5% during 2018-2022. The gift card industry in the Philippines will continue to grow over the forecast period and is expected to record a CAGR of 9.9% during 2023-2027. The gift card market in the country will increase from US$ 593.9 million in 2022 to reach US$ 956.6 million by 2027.
The Philippines has been an attractive destination for foreign investment due to its growing economy, skilled workforce, and strategic location in the Asia-Pacific region. With numerous multinational companies settling in the country, rewarding, and incentivizing local employees has gained importance rapidly, boosting the domestic corporate gifting market. In particular, e-gift cards have strongly increased in popularity, as they are a convenient and simple solution for bonuses and holiday gifts.
Advances in technology will likely further influence the growth of the Filipino gift card market in the future. The use of data analytics to understand employee preferences could lead to more personalized gift card offerings. Furthermore, increased globalization may bring changes in business practices, as companies with international operations might adopt practices from other regions, leading to evolving norms in corporate gift-giving.
Philippines gifting traditions
In Filipino culture, the act of giving gifts holds a special place, deeply ingrained in the rhythm of daily life. It goes beyond a simple exchange of items; it’s a genuine expression of love, appreciation, and the intricate dance of relationships.
Throughout the year, Filipinos engage in this cherished tradition, a display of generosity that spans special occasions and everyday moments. However, it’s during the Holiday season of Christmas that the spirit of giving reaches its peak. At that time, every business encounter becomes an opportunity to share the warmth of the season through a thoughtful gift.
Generosity is at the heart of Filipino gift-giving. At the same time, there’s a sense of privacy and intimacy. Gifts are not unwrapped amid public gatherings; they are treasures meant to be discovered in quiet moments of solitude.
In the realm of Filipino business culture, gifting emerges as a powerful tool for relationship management. It’s not only about the gift itself but the goodwill and sentiment that accompany it, fostering an environment where business is conducted with the bonds of shared moments and mutual appreciation.
Interestingly, in the corporate world, the expectation of gift/giving is not a strict rule but a gracious gesture. While not obligatory, the receipt of a gift symbolizes an unspoken acknowledgment, recognizing the importance of relationships in a landscape often dominated by deals and agreements.
Gift card regulations in Philippines
Gift card regulation in Philippines is subject to various laws and regulations to protect consumers and ensure transparency in the gifting industry.
Expiration: Gift cards may not be issued with an expire date, they remain valid until a company goes out of business.
Regulations: Refusing to honour the unused value, credit, or balance stored on a gift card is unlawful.
Exceptions: Gift card that are issued under loyalty, rewards, or promotional programs, are not covered by the law mentioned above.
No-Fault Issuer: Issuers may refuse to honour gift cards when the card is lost due to no fault of the issuer.
It's important to note that regulations may change, so always check the latest guidelines with Philippines's government or appropriate regulatory bodies. Moreover, the specifics and prerequisites might differ based on the gift card type, its provider, and other considerations.
If you're considering buying or utilizing gift cards in Philippines, ensure you read the issuer's terms and conditions and consult with legal experts if necessary.
Popular gift cards in Philippines
Filipinos have a deep appreciation for food, and dining plays a significant role in social gatherings. Gift cards to popular local restaurants or international chains offering diverse cuisine options can be well-received.
Practicality is another value highly regarded in Filipino culture. Gift cards to supermarkets or grocery stores can be appreciated, as they allow recipients to choose their preferred items or even purchase ingredients for special occasions.
Furthermore, self-care is valued strongly. Gift cards for spa treatments, wellness centres, or beauty services are a thoughtful gesture. This aligns with the cultural emphasis on relaxation and taking care of oneself.
Filipinos love to explore and experience new things. Gift cards for travel agencies, adventure parks, or unique experiences can be exciting for those with an adventurous spirit. This aligns will with the Filipino love for creating lasting memories.
Take a look at some of the most popular gift card brands in the Philippines:
Puregold: A golden shopping experience – the Puregold Gift Card brings you a bounty of groceries and essentials.
Robinsons: Shop with style and variety – the Robinsons Gift Card is your pass to a world of fashion, beauty, and home goods.
GrabFood: Delicious meals, just a tap away – the GrabFood Gift Card satisfies your cravings with endless dining options.
Zalora: Fashion at your fingertips – the Zalora Gift Card is your gateway to the latest trends and exclusive styles.
Greenwich: Savor the flavor of fun – the Greenwich Gift Card is your ticket to delightful pizzas and tasty treats.
Whether the focus is on practicality, indulgence, or experiences, gift cards tailored to Filipino cultural values makes the gesture of giving even more meaningful.
Benefits of B2B gifting in Philippines
Engaging in corporate gifting in the Philippines can offer several benefits for companies. It is a powerful tool for relationship management in Filipino business culture, fostering a sense of camaraderie, trust, and mutual respect. By exchanging thoughtful gifts, companies can strengthen their connections with clients, partners, and stakeholders.
Companies that engage in B2B gifting, while respecting Filipino cultural values and traditions, demonstrate cultural sensitivity. This can enhance the company’s image, showing that they understand and appreciate the local business customs. Showcasing a commitment to building meaningful and lasting partnerships can set a company apart from its competitors in a competitive market.
When gestures of corporate generosity are communicated effectively, they can resonate with a wider audience, creating a positive perception of the company within the business company and beyond.
The Global Gift Card
GoGift has been active in the corporate gifting market since 2003, and with The Global Gift Card, we create customized global gifting solutions for multinational companies all over the world. The next time you want to show your Filipino partners that their work and effort is valued, GoGift will be there to help you with the one solution that is just right for you.
