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.
Austria gift card market size
In value terms, the gift card market in Austria has recorded a CAGR of 7.1% during 2018-2022. The gift card industry in Austria will continue to grow over the forecast period and is expected to record a CAGR of 5.3% during 2024-2028. The gift card market in the country will increase from US$1.3 billion in 2023 to reach US$ 1.7 billion by 2028.
While the Covid-19 pandemic negatively impacted growth in many key industries in Austria, it did initiate a large-scale adoption of digital payment both by retail and business consumers. Consequently, as in many countries, the digital and e-gift card market experienced a palpable rise. Furthermore, the Austrian government, hospitality, and travel industries have been undertaking initiatives to revive growth, which in turn supports development in the gift card market.
The shift towards digital gifting will likely resume and intensify in coming years, as companies increasingly adopt programs incentivizing employees working remotely following the Covid-19 lockdowns. In a digitized world, gifting needs to be as convenient as downloading a video or sending a message. E-gift cards offer both this convenience, but also still enable the sender to customize and thereby personalize each gift.
Austria gifting traditions
Austrians are very proud of their rich cultural heritage, and many unique festivals are celebrated throughout the year, such as the daffodil festival or the summer solstice fire
Gifts are traditionally exchanged on birthdays and on Christmas Eve, but also upon invitation to somebody’s home, in which Austrians commonly take pride
A general unwritten rule is to not give excessive or lavish gifts, but rather stay moderate in price and adapt to the occasion
Completions of business deals or the accomplishment of business goals are usually celebrated with gifts from both sides
Gifts in business settings are generally not overly personal, with common choices including branded items, local alcohol such as wine or schnapps, and high-quality stationery
Gift card regulations in Austria
Gift card regulation in Austria is subject to various laws and regulations to protect consumers and ensure transparency in the gifting industry.
Validity Period: If no validity date is explicitly mentioned and clearly communicated, gift cards are valid for 30 years.
Fees: Businesses are not allowed to charge any post-supply fees on gift cards
Terms and Conditions: Businesses are not allowed to charge any post-supply fees on gift cards.
Usage Limitations: The conditions for redeeming gift cards (e.g., location or product restrictions) must be disclosed upfront. Cards with specific regional or brand limitations need to clearly state these restrictions.
For certain gift cards, tax-free benefits apply. Employers may spend 50€ per employee a month on gift cards without taxes applying, 60€ in case of a special event (weddings, birthdays, etc.). Restrictions apply for which types of gift cards fall under this rule.
*Please note that our information does not amount to professional or legal counsel. For guidance tailored to your particular circumstances, we advise consulting directly with a certified tax expert.
It's important to note that regulations may change, so always check the latest guidelines with Austria'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 Austria, ensure you read the issuer's terms and conditions and consult with legal experts if necessary.
Popular gift cards in Austria
In the bustling world of gift cards in Austria, it's a pleasure to introduce some of the brands that have made a mark in their respective industries.
Swarovski: Diamonds are a girl’s best friend – and so are crystals, jewelry and accessories, all of which can be purchased with a Swarovski gift card.
Amazon: No other gift card offers access to as big of a selection as an Amazon gift card, enabling consumers to choose between millions of items.
Sixt: More and more people are choosing not to own a car anymore, instead renting one only when necessary – and whenever that need comes up, Sixt is there for them.
Apple: The gift card offering access to everything Apple related, including products, music, movies, iCloud+, and apps.
Ski & Berg: A gift card that not only brings joy, but also makes sense, giving experiences in the most beautiful regions of Austria while simultaneously promoting regional tourism.
Jochen Schweizer: Experience what’s inside you – a voucher for every taste, offering a wide range of unique experiences.
Zalando: Whether you're refreshing your wardrobe, searching for the perfect outfit for a special occasion, or looking to keep up with the latest trends, Zalando has something for everyone.
H&M: A passport to a world of trendy, affordable clothing and accessories for men, women, and children.
Douglas: This card offers access to a luxurious selection of beauty products, fragrances, skincare, and cosmetics at Douglas, a leading beauty retailer.
Thalia: A treasure for book lovers, providing access to Thalia's extensive collection of books across various genres.
Benefits of B2B gifting in Austria
In Austria's dynamic business landscape, fostering positive relationships is integral to success. B2B gifting has emerged as a powerful strategy for achieving this goal. It's a gesture of appreciation that can yield a range of benefits for businesses operating in the Austrian market.
Strengthening business relationships and showing appreciation for partners
Tax exemptions for gift cards, which are non-existent for cash bonuses*
To wrap it up, B2B gifting in Austria isn't just a trend; it's a testament to the value of relationships in business. However, it's pivotal for businesses to tread this path with sensitivity, keeping in mind cultural nuances, local practices, and the unique Austrian spirit.
*Please note that our information does not amount to professional or legal counsel. For guidance tailored to your particular circumstances, we advise consulting directly with a certified tax expert.
The Global Gift Card
If your interest in appreciating your Austrian colleagues’ work has been stimulated, GoGift is here for you – we offer a selection of brands in Austria, including popular gift cards mentioned above. The Viennese Waltz of correct and appropriate gifting might seem scary, but together we can waltz into prosperity.
