It’s a no-brainer: incentive travel and loyalty marketing events will be back!

Online vs Offline Events. Why offline is more effective than online in creating brand loyalty.

The science behind why offline events are far more engaging then online events.

As times are changing, non-monetary incentives are becoming increasingly popular. Incentive travel plays a major role in most of the big enterprises and is seen as an important subset of the meetings, incentives, conferences, and exhibitions. It is directly related to the company goals and top performers and is an effective travel bonus for incentivising or motivating employees or business partners.

There’s a range of loyalty program mechanics that are simple to use. Before you set up a loyalty program, there are also some simple tactics to keep in mind.

‘How can rewards be used to drive effective loyalty programs?’. Answering this question, we once again turn to member psychology in relation to rewarded behaviour.

During the past decade, as loyalty programs have come to terms with analysing Big Member Data, it has been consistently observed that members increase their spending after reward redemption for a short period of time. This is part of the Motivational Cycle. So how can you use this cycle to your advantage?

There is an age-old debate about the best way to motivate people in a B2B environment. Should we motivate people to reach their sales targets by rewarding them with merchandise such as gadgets, gift vouchers, Gucci bags? This is known as ‘extrinsic’ motivation.

Or, should individuals motivate themselves by seeing sales as a valuable and personally rewarding activity in itself? This is called ‘intrinsic’ motivation.

When and how to prepare for the return of face to face events such as incentive travel, conferences and product launches and why you need to do it sooner rather then later.

Over the past 10 years we have seen the rise of the pre-paid card (both MasterCard gift and reloadable) as well as the use of online retail vouchers, become the preferred reward medium in our loyalty and incentive programs.