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Business Solution | Increase Sales | Motivate and Reward Employees | Differentiate Yourself | Reward Loyal Customers
"How is it possible for you to provide these award programs so inexpensively?" An average hotel has 30 - 35% of there rooms vacant everyday. Hotels rent out their rooms by the nights, and unlike a normal product, once tonight is gone you can't go back and sell yesterday. It's gone forever! Our programs provides hotels and resorts with additional travelers in their already vacant rooms at a very discounted price since it is better to have someone stay at a discount than not stay at all. Additionally, hotels and resorts receive residual income from customers. Travelers spend extra money in the gift shops, restaurants, lounges, and with room service. Also, they may decide to stay more nights than their award was good for and, therefore, pay for any additional nights. As long as they have a good experience, most of travelers will stay at the same hotel when returning to the same destination. Moreover, people usually share their good experience and recommend to friends and family members the hotels and resorts they stay in. The hotels and resorts that are participating in our programs are expecting people to come back on their own time and time again. That is exactly why you can expect for your customers or clients to receive the best possible experience when traveling on our travel incentives.
Areas you can use vacation incentives for: • Sales Incentives – To increase sales. Some examples of industries that are currently using vacation incentives: • Banks and Financial Firms
However, bundling any product with a value-added item like our travel incentives is an easy way to double or triple the value of your product in the consumer’s eyes. Product bundling is an easy way to generate higher profit margins without compromising your price and profits. When you master the art of product bundling, you'll sell more products more often and at higher prices. According to Incentive Federation, travel is the most widely appealing incentive where everyone wins. Your sales people will close more sales, your clients will enjoy an exciting vacation experience and your business will continue to grow. Travel incentives have proven over and over again to give significantly higher perceived value and therefore make a much better use of reward budgets. Travel incentives add value and give your prospects an irresistible reason to respond — now. Travel incentives can help you to: • Exceed your sales goals. All goods and services have implied consumer value. What's yours? Successful companies have learned the power of adding value to their products and services with travel incentives.
Add value and you'll generate higher profit margins. You'll sell more products more often and at higher prices.
Travel has a significantly greater perceived value, trophy value and ‘shelf-life’ to the end user. The cost effectiveness, affordability and residual value to the participating business of vacation travel as an incentive will reflect directly on the bottom line. Travel incentives are highly coveted reward for a job well done. Give your top performers a well-deserved break that leaves them well - rested and ready to return to a job they love. Travel incentives are great recruiting tools too! You can't buy performance nearly as well as you can motivate it. Dedicate 3-5% of yearly compensation to travel incentives and yield the same gains that 15% of compensation in cash rewards would produce. This amounts to a 3-fold increase in spending to achieve the same results. Your sales people and customer service representatives are your most valuable assets since an increase in customer retention rates by 5% could increase the value of an average customer by 25 to 100 percent! Doesn't it make sense to keep your employees motivated and happy?
Our incentives give ability to innovate and differentiate yourself from your competition at an affordable price. Also, through our incentives you can differentiate yourself among employers and be able to attract professional and highly qualified staff to your company. Our travel incentives fill the need of your target market – travel and relax in style. Those businesses that listen to their markets and offer incentives that fill the need of the consumer are ahead of the game. When your promotions budget is already loaded with multiple annual promotions, but you still cannot move your product or service, it is time to switch to out travel incentives. Travel incentives have perceived value and create a whole lot of brand buzz like no other.
A successful business attributes approximately 85% of their clients to word of mouth. Make travel incentives work for you. Why are loyal customers so important? • Refer your company and services to others becoming brand advocates Although customer loyalty is the obvious cost to the business, travel incentives have a infinite flexibility of travel ‘packages’ and luxury perception that stretches the dollars invested while giving a sense of reward often in excess of the real cost of the incentive. In the USA alone, over $4.5 billion a year is spent by business in consumer incentive promotions. It is getting harder to sustain brand loyalty when consumer confidence in on-line shopping is rising day by day; however, your loyal customers come back to you every time. |
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