Tis' the season for business and corporate gift-giving! If you believe in the law of reciprocity, and if your business is the least bit successful you must; you know that giving back is not only the right thing to do, but it's very smart business as well. Let's look at some of the benefits and mechanics of Christmas and holiday gift-giving.
* WHY DO IT AT ALL?
Gift giving is an excellent way to not only say thank you for all the business and continued loyalty your clients and customers have shown over the past year, it help to solidify relationships and in some cases, actually tilt the playing field in your favor. A well-conceived business gift will speak volumes on your integrity, thoughtfulness and sincerity and may make the difference between you and a competitor. As for employees, the days of 50 years and a gold watch are long gone, so a token of appreciation during the holidays or other special occasions can turn a mediocre relationship into one of fierce loyalty.
* WHEN TO DO IT?
Obviously Christmas and the season surrounding it are the major themes here. Other times of the year, such as Thanksgiving, Easter, Labor Day etc., may also present golden opportunities as it is not expected then. Other times to consider might include occasions such as a business anniversary, marriage, births, promotions, new offices or branches, and possibly retirement(ESPECIALLY of a competitor!)
* WHAT TO GIVE?
This can be the most difficult part of the process. All of us have been the recipient of the cookie cutter approach, as the countless fruitcakes of Christmases past haunt our freezers. In a large company, it's difficult to avoid this, but by bearing this in mind, you'll be able to come up something unique and stand out above the rest. Also think of the nature of the business relationship.
Anything inappropriate would not only be unappreciated, but could have the opposite effect of that you're trying to achieve. If you can, try to make it as personal as posssible, reflecting the interests and likes of the person receiving the gift. Be mindful of religious differences, as you don't want to offend in that area either. While striving to give the nicest gift possible within your budget, take care not to appear as though you are bribing anyone for business or loyalty.
* HOW TO ACCOMPLISH THIS?
Start as soon as possible, and dedicate at least one person to work on this solely, as depending on the size of your list, it can become onerous. Given enough time and resource, however, it can be done quickly and efficiently. Shopping online has made things so much simpler. You can find so many more choices with the click of a mouse than you could with weeks of prospecting on foot.
Many of your favorite brick and mortar merchants now have an online presence as well, as they too recognize the immense possibilities of the medium. Take advantage of web vendors, many of whom offer free shipping, corporate and bulk discounts, and many other perks to get your business. It really is a time-saver!
Christmas and Holiday gift-giving isn't the gargantuan task it used to be. The internet and a smart strategy make it profitable and enoyable!
About The Author
(c)Keith Thompson 2004
Keith Thompson is webmaster of GiftsForBiz.com, and the recipient of many BAD holiday gifts. See some great choices at his website!
|
|
|
|
|
|
|
|
|
|
|


Kicking Winning Business Goals The competition for business... Read More
FEAR! To what extent does fear rule your life? How... Read More
Managers who aren't loyal to their people can't expect loyalty... Read More
There is a pervasive belief that time pressure stimulates creativity.... Read More
This article is directed at senior managers. As a senior... Read More
Have you been in this situation? One of your top... Read More
Management guru Tom Peters says white collar workers and managers... Read More
SIX "HONEST BUSINESS FRIENDS" - THEY GUIDE ME IN ALL... Read More
An essential step in managing the performance of salespeople is... Read More
Do you find yourself easily becoming bored or tired at... Read More
As an experienced manager, I can announce without a doubt... Read More
Criticism has the power to do good when there is... Read More
An allegation of harassment in the workplace is a growing... Read More
One of the biggest challenges any business owner or manager... Read More
However hard we try, we seem to make life more... Read More
I sit on the board of an organization and at... Read More
Resistance. It isn't something people cherish or enjoy encountering. We... Read More
Ten or so years ago, an international consultant, specializing in... Read More
Q: Why is a great business like a great marching... Read More
There are 12 essential elements of a successful internal communications... Read More
Virtually any type of organizational change involves role transitions of... Read More
Janet DiClaudio, who was charge of medical records at two... Read More
With the advancement of computer simulators, anybody can repeat all... Read More
I talked with a group of internal consultants last week... Read More
This article relates to the Coworkers competency, commonly evaluated in... Read More
Great Groups! - Getting a Group to Think Like a... Read More
What you say to other people can make or break... Read More
I often hear leaders from all types of organizations ask... Read More
A trainer dryly discussing how to motivate people in an... Read More
Standardizing Quality SystemsThe ISO, or International Organization for Standardization, was... Read More
Everyone wants to succeed yet everyone has a different perception... Read More
Speak of operations assessment, and we'll hear its significant value.... Read More
STEPS IN USING THE CRITICAL INCIDENT TECHNIQUE:1) The incident. Read,... Read More


"Experience is not what happens to a man; it is... Read More
I recently surveyed CEOs and Business Leaders of large companies... Read More
Good hires do not happen by accident or luck. In... Read More
Consequences of Not Giving Effective FeedbackLet's take a look at... Read More
Six Ways to Keep Things Simple We can have greater... Read More
Can Project Managers prevent projects from slipping?Ask a techie to... Read More
Recent studies have shown that industrial supervisors are working at... Read More
Starting up a new venture or business can be one... Read More
If you have the entrepreneurial spirit (which clearly you have!),... Read More
Color is a big factor effecting all indoor... Read More
Whether your company holds one meeting a week or dozens... Read More
Rejection hurts. No one likes to give it or to... Read More
Creativity can be defined as problem identification and idea generation... Read More
If your organization has people, then interpersonal skills are needed.I... Read More
THE MARGINAL PERFORMER: Every manager must, from time to time,... Read More
Every day, everyone can make the world a better place.... Read More
Check Out Your E-HabitsAnother week has ended. And, despite moving... Read More
One of the most difficult and emotionally draining situations you... Read More
Results of Poor Cross Cultural Awareness. Having a poor understanding... Read More
Have you noticed that some sound ideas get bad publicity?... Read More
It is essential to understand what work and what do... Read More
"Become the Squeaky Wheel", a new book just published, explains... Read More
The methods in which you set up a conference call... Read More
So you did such a good job in 2003 at... Read More
Here are 10 subjects that academia should be teaching their... Read More
Creativity can be defined as problem identification and idea generation... Read More
Creativity Starts Here!The ability of an organisation to create new... Read More
Each year, businesses write-off six percent of revenue to waste,... Read More
MANAGING A MARGINAL PERFORMER: Often a marginal performer, even after... Read More
Do you know how many customers you have that are... Read More
If you think ahead and plan, many nightmare panic and... Read More
Late last year I was presenting a workshop for the... Read More
At some point, your business is going to need to... Read More
Business Management |