Receiving a gift is always a joyful experience. Gifting, on the other hand, can be seen as an act of appreciation and, in some cases, the start of a long-lasting relationship. For businesses, gifting is a powerful way to show loyal customers that they care and showcase their client-centric nature to existing and prospective customers.
But you should not focus only on the client aspect; your employees should also be on your gift list. If you treat your employees right, they will always produce high-quality output, which will only take your business to new heights.
Since corporate gifting plays such a vital part in keeping employees happy, winning new clients, and maintaining your relationship with existing ones, it will only benefit you if you do more research on how the psychology of corporate gifting works. So take a look below.
What is Corporate Gifting?
The act of corporate gifting is straightforward. You send your employees, clients, and prospects gifts to cement the foundations of your existing relationship or mark the start of a new one.
But that is only scratching the surface. Corporate gifting is a vital aspect, and for businesses looking to grow and expand their reach, it must become a part of company culture. Each company can go about this in its own way. Some might prefer to hand out valuable items and freebies, while others will opt for gift cards or even discount codes.
How Corporate Gifting Helps You Keep Employees Satisfied
Keeping employees loyal to your business is challenging in this ever-evolving and highly competitive business climate. So, when you think of corporate gifting, your employees should be a top priority, even over your clients.
Keeping your employees content will yield great benefits for your business. You can expect them to give 100% during their working hours and become more active in all your business operation processes. Besides, corporate gifting motivates employees tremendously. If you send out personalized gifts to your employees, they will feel like they truly belong in your company, motivating them to remain loyal for years to come.
While it’s important to set up a gifting strategy for the holiday season, you should also acknowledge employees on their birthdays, work anniversaries, or when they have performed exceptionally well.
How Corporate Gifting Helps You Strengthen the Bond With Loyal Customers
You can always find ways to enhance the customer experience, and corporate gifting is one of the best methods to do so. Clients value brands that care about them even after the purchase is completed. So, make sure to follow up with your clients via email or social media to gather valuable feedback and see whether your products and services have added value to their lives.
Besides following up with them, you can also send out a “remember me” gift to inform them that you value their business and inspire them to share the good word about it.
While it’s true that you can grow your word-of-mouth marketing through corporate gifting, the most important aspect is that you can effectively turn loyal customers into brand ambassadors. Forming stable and long-lasting relationships with the most loyal customers will help your business succeed.
The best gift options are durable items that will remind loyal customers that you are always there for them. Consider gifting keychains with your brand logo, table clocks, coffee mugs, or writing instruments.
How You Can Win the Attention of Prospects
Gifts don’t have to be physical. You can send out virtual gifts to your prospects and incentivize them to visit your store’s sales page and make a purchase. Those virtual gifts can be redeemable discounts or free shipping codes.
This way, you can give prospects a good idea of how much you value them and that their experience with your services and products matters. Plus, you will give them all the right reasons to become your customers, as they will have a discount or free shipping coupons waiting to be redeemed.
If you haven’t developed a corporate gifting strategy yet, now is the right time to do so. You can expect to strengthen the bond through personalized gifts and keep employees motivated.
On the other hand, gifting customers valuable items will help you spread the good word about your business and establish you as a household name among customers.
Corporate Gifts in the UK: Trends, Tips, and Effective Practices
In the bustling world of business, it’s the little things that often mean the most. As we navigate the evolving landscape of corporate gifting in the UK, it’s time we shed a light on the trends steering the ship and the golden rules that make a gift go from ‘meh’ to ‘marvellous’. Buckle up, because we’re about to sprinkle a little magic on the corporate world!
The Bespoke Wonderland
Imagine receiving a gift that WonderDays specially selected for you, with every last detail calling your name! Bespoke gifts are all about that; they echo familiarity, a hint of homeliness in the corporate jungle. It’s about crafting experiences that resonate with individual tastes, championing the uniqueness of every relation. So, let’s champion gifts that tell a story, shall we?
The Green Revolution
We are all aboard the sustainability train, aren’t we? The corporate gifting scene is no different, with businesses now leaning towards green and glorious options.
It’s all about marrying elegance with responsibility, choosing gifts that hold meaning while treading lightly on our dear earth. Trust us; a little green goes a long way!
Supporting Local Artisans
Oh, how we love a gift that tells a tale of craftsmanship and passion! Turning to the local artisans of the UK and the vibrant stages of the West End theatre shows, we find treasures steeped in stories, waiting to add a splash of authenticity and warmth to corporate gifting.
The Ethical Compass
We know the rules can be a tad bit dizzying, but hey, we’ve got to play it fair and square, right? Navigating the legal pathways ensures our gifting adventures are both delightful and above board. It’s a delicate dance, balancing joy with responsibility, crafting memories while staying within the golden lines of ethics.
Gifts that scream ‘you’ are the ones that hit home, aren’t they? Delving into the realm of personalisation, we uncover gifts that speak to the heart, echoing understanding, and shared moments. Let’s champion gifts that aren’t just objects but mirrors reflecting shared stories, memories, and a sprinkle of personal magic.
Ah, the joy of unveiling a tech gadget that promises to sprinkle a little ease and a lot of fun in daily routines!
The corporate world is embracing tech gifts that are sleek, useful, and oh-so-cool. Think of gifts that are a nod to the future, promising not just utility but a dash of wonder and the joy of exploration.
Gifts that Live and Breathe
Who said gifts have to come in boxes? Experiential gifts are the talk of the town, offering adventures, learning experiences, and moments that live on in memories. It’s about gifting experiences that resonate, offering a slice of joy that goes beyond the tangible, diving deep into the world of experiences that exhilarate the senses.
ROI – The Cherry on the Cake
Yes, we’re talking business, but who says it can’t be delightful? Understanding the ROI of corporate gifting brings a new dimension to the scene, ensuring the act of giving circles back, fostering connections, nurturing relationships, and bringing a ray of sunshine in the corporate corridors.
As we embrace the vibrant world of corporate gifting in the UK, let’s remember that at the heart of it all lies the joy of connecting, of understanding, and of crafting memories that resonate. So, as you step into this journey, may your gifts echo warmth, understanding, and a sparkle of joy that lights up the corporate world, one magical gift at a time.
6 Housing Options People are Turning to as Prices Continue to Climb
There’s no denying the housing market has been anything but smooth sailing for both renters and buyers. For one, interest rate hikes have made mortgages less affordable for most of the population, which has left buyers looking to invest in property having to find alternative housing options that fit their budgets.
Another complication driving buyers towards other options is that there are not enough houses to meet demand, so many buyers lose multiple bids and then get tired of the chase. Losing 10 bids in a row will make the house hunting journey lose all its excitement very quickly.
It’s no wonder other options such as a container home start to become more appealing. Which housing option would be right for you, then? Let’s dive in.
First, Why is the Housing Market Under Strain?
For years, the US enjoyed low interest rates that allowed buyers to secure affordable mortgages but with inflation rates rising and the cost of living at record highs, the interest rate honeymoon has officially ended. Higher mortgages for landlords have also pushed up the prices of rentals, making them much less affordable.
As we mentioned above, most houses end up fetching higher than their asking price after bidding wars, where many would-be buyers miss out on their dream home more than once. You can imagine how absolutely disheartening this is, because after all, there is a lot of emotion tied to buying a home.
Naturally, buyers who keep ending up disappointed and back to square one after every offer they put in will eventually feel like giving up. Many have turned to alternative housing solutions that offer a more minimalistic, affordable and nomadic lifestyle.
One surprising alternative housing option that is starting to gain momentum is designing a micro home within a shipping container. They can be decked out with windows and doors and fitted with a kitchen and bathroom. Containers are generally 20ft long, so they’re unassumingly big and can fit a fair amount of furniture in the interior. While compact, shipping containers offer portability, so they can be assembled in beautiful locations such as the woodlands or on a lake.
What started with a few documentaries about people living in tiny homes has turned into something of a social movement with people across the world downscaling their living situations for smaller homes.
The tiny house movement advocates for a simplified life with less “stuff”, giving you more financial freedom to travel and invest in experiences. These homes are fashioned from sheds, playhouses, containers and even tree houses, with some even being small enough to be popped onto a trailer for nomadic homeowners.
If you’ve ever been to London and taken a stroll along the River Thames, you will notice a number of houseboats anchored to the dock. While it may be a foreign concept to some and turn the stomachs of those who suffer from motion sickness, the concept of a houseboat is nothing new in most countries around the world.
House boats offer a compact living space for those who are adventure seekers and water lovers. They are also motorized to take you on relaxing cruises within the body of water your boat is located in. Drinks at sunset on your private houseboat deck sounds like the perfect way to destress after a long day.
Many families and couples have sold their traditional homes in favor of adopting a more nomadic lifestyle by renovating RVs to hit the road in style. You can really go all out with sprucing up your RV, going so far as to install laminate floors, quartz kitchen counters, chandeliers and soak-in tubs.
Being on the road doesn’t mean you have to give up the luxuries and comforts you are accustomed to. While undoubtedly more compact, RVs can offer a comfortable way of life for those seeking adventure.
Many homeowners purchased homes while the interest rates were still low and then struggled to cover their mortgage repayments when they were hit with big price hikes. Of course, the banks and repo man don’t care that you suddenly can’t afford your repayments, so you need to make a plan.
What many people who found themselves in this situation have done is share their home with a friend, family member or advertise for a roommate. This way, you are getting help with your mortgage repayment through your roommate’s rent and can manage your repayments more comfortably.
Airbnb Empty Rooms or Self-contained Cottages
If you have an empty ensuite room in your home or a self-contained cottage on the property, you can rent it out through Airbnb and bring in a decent income that can help you pay off your mortgage faster.
Despite a tumultuous housing market making the barriers to entry for homeowners much more difficult, it doesn’t mean all hope is lost. The trend of adopting an alternative lifestyle with a mobile home, finding a roommate or renting out a portion of your home all offer ways to own a home for less in these tough times.
Strategies for Building an Effective Dota 2 Team
Competitive video game tournaments have become increasingly popular over the past few years, with many players vying to be part of the best Dota 2 teams. For those unfamiliar with the game, Dota 2 is a multiplayer online battle arena (MOBA) video game developed and published by Valve Corporation. In the game, two teams of five players battle for control of a map and try to destroy the other team’s ancient structure ultimately.
Players from all over the world come together in teams to compete in professional tournaments and leagues, with the top teams and players winning massive prize pools. Dota 2 is a complex game, and in order to be successful, each team needs to have a balance between individual skill, team synergy, and understanding of the meta. Here are the other strategies for building an effective Dota 2 team.
Consider the Individual Skills of Each Team Member
In order to create an effective Dota 2 team, it is important to consider the individual skills of each team member. A successful team is composed of players who can work well together to execute strategies, coordinate objectives, and ultimately win. It is also important to remember that each team member brings unique abilities to the team, and these skills must be taken into account when forming a team. By fully utilizing each player’s unique abilities, teams can create a powerful synergy that makes them stronger as a unit.
Develop a Team Strategy and Plan
A powerful team strategy and plan are essential for any Dota 2 team looking to be successful. Not only does it provide an advantage against opponents, but it is a crucial tool for team coordination, team building, and communication. With a well-thought-out and structured team strategy and plan, players have a clear understanding of the team’s expectations and goals. This allows the team to see the bigger picture, think creatively, and come up with the most effective strategies in order to capitalize on the strengths and capitalize on weaknesses of their opponents.
Foster Team Communication and Collaboration
In a competitive Dota 2 match, communication and collaboration are essential. It is important to bring players together who understand each other and can work together to develop a strategy that will be successful. Communication and collaboration allow the team to make decisions quickly and efficiently so that all five team members can work together in harmony and understand the importance of their individual roles.
Identify Strengths and Weaknesses
Identifying individual team members’ strengths and weaknesses is the key to unlocking a successful, productive, and cohesive team. It’s an important part of team building and can be the difference between success and failure.
When you have a clear understanding of each team member’s strengths and weaknesses, you can leverage them to create an effective team. For example, suppose you have one team member who is particularly strong when it comes to strategy and analysis. In that case, you can assign them tasks that require those skills while assigning other tasks to team members that excel in other areas.
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