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.
GENERAL FACTS ON
Egypt
112.7M
Population
Cairo
Capital
Arabic
Official language
Egyptian pound
Currency
National holidays
Egypt gift card market size
Current size of the B2B gift card market: In value terms, the gift card market in Egypt has recorded a CAGR of 11.6% during 2018-2022. The gift card industry in Egypt will continue to grow over the forecast period and is expected to record a CAGR of 9.9% during 2024-2028. The gift card market in the country will increase from US$ 0.6 billion in 2023 to reach US$ 1 billion by 2028.
Growth trends over the past few years: Within the Middle East, Egypt stand as one of the most dynamic consumer goods markets, and the largest overall. The fast movement of this market is accelerated through its young population, representing a third of Egyptians. With these young adults comes a growing internet and smartphone penetration rate that enables retailers and other corporations to use gift cards as a business tactic to spur on e-commerce.
Predictions for the future: Egyptian economic growth continues to be driven by household consumption and investment. As more of the population moves into the middle class, total spending rises and retailers increasingly compete for consumers.
Moreover, the government has decided to privatize several state-owned enterprises, enlarging the scope of private sector companies competing for highly-skilled workers – competition that will likely see an increased importance put on employee benefits and incentives, thus impacting the gift card market.
Egypt gifting traditions
Historical Roots of Egyptian Gift-Giving: From the era of the Pharaohs to modern times, the tradition of gift-giving in Egypt has deep cultural and religious significance. In ancient Egypt, exchanging gifts was a way to please the gods and the god-like pharaohs, making Egypt one of the first civilisations to practice this art
Cultural Influences on Business Gifting: In Egyptian business culture, values are shaped by a blend of tradition and modern commerce. Influences from Islam, strong family ties, and a sense of fatalism create a landscape where honour, loyalty, education, and modesty are highly valued in business interactions
Importance of Relationship Building: Navigating the business world in Egypt requires more than just quick transactions. Establishing familiarity and respect is crucial. Building strong relationships and maintaining a high level of respect are essential components of successful business dealing
Significance of Business Gifts: unlike casual social settings, giving gifts in a business context is a serious affair. It’s a gesture of gratitude that strengthens professional relationships and is seen as a sign of respect, rather than an act of corruption
Timing of Gift Presentation: Timing plays a key role in the art of business gift-giving in Egypt. The best time to present a gift is upon arrival, signalling appreciation and setting a positive tone for the forthcoming engagement. This practice helps to establish goodwill early in the business relationship
Acknowledging Religious Traditions: Being mindful of the importance of Islam can greatly enhance business relationships. For example, sending greetings at the start of Ramadan is a thoughtful gesture that fosters goodwill and understanding, reinforcing the importance of relationships in Egyptian business culture
Universal Appreciation of Gifts: understanding the subtleties of Egyptian gift-giving traditions is essential for building strong business relationships. Whether you’re exchanging gifts with a colleague or a business partner, the act of giving is universally appreciated
Gift card regulations in Egypt
Here are some general points about gift card regulations in Egypt as of January 2025:
Validity period of gift cards is set by the provider, but may be as short as 6 months
In the absence of uniform regulations, there is great potential for variability in terms and conditions, thus it’s prudent to review the specific policies of the retailer before purchasing or using a gift card in Egypt
It's important to note that regulations may change, so always check the latest guidelines with Egypt'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 Egypt, ensure you read the issuer's terms and conditions and consult with legal experts if necessary
Popular gift cards in Egypt
Tradeline: This gift card unleashes the tech enthusiast within, with every card being a portal to the latest gadgets and gizmos, turning ordinary moments into extraordinary tech adventures
Baraka: A gift card that opens doors to a world of luxurious experiences and tasteful indulgences, turning any occasion into a celebration of refined living
Landmark Group: A passport to a shopping spree and more, a Landmark Group gift card speaks the language of fashion, home decor, and leisure, inviting Egyptian consumers to explore a world of trendy possibilities
Mounaya: For the discerning homemaker or the stylish decorator, Mounaya’s gift card is a key to unlocking the door to elegant home essentials, transforming living spaces into personal sanctuaries
Splash: Dive into a sea of style and fashion with Splash’s gift card, offering Egyptian consumers a ticket to trend-setting wardrobes and runway-inspired looks, turning any day into a fashion show
TripGift: Fuel the wanderlust within with TripGift, the gift card that opens up a world of travel possibilities, encouraging Egyptian consumers to embark on unforgettable journeys and make memories that last a lifetime
Benefits of B2B gifting in Egypt
Building Timeless Connections: In Egyptian corporate culture, gifting is more than just a gesture; it’s a promise of lasting relationships. A thoughtful gift can lay the foundation for a partnership as enduring as the pyramids, reflecting the importance Egyptians place on building connections before conducting business
Honouring your MVPs: B2B gifting in Egypt goes beyond client relations – it’s also about recognising and valuing your employees. By honouring their hard work with a gift, you make them feel as respected as a pharaoh, reinforcing loyalty and boosting morale within your team
Igniting Marketing Magic: B2B gifting serves as a powerful marketing tool, especially when tailored to Egyptian tastes. A branded gift can spark conversations and keep your company top-of-mind, much like the lively exchanges in a bustling souk, enhancing your brand’s visibility and appeal
Nurturing Relationships and Cultural Respect: In the Egyptian business landscape, B2B gifting is not just about the physical gift. It’s about nurturing relationships, respecting cultural traditions, and embarking on marketing adventures that resonate with the unique customs of Egypt. Think of it as navigating the Nile – complex but ever rewarding.
The Global Gift Card
Looking to create strong business ties in Egypt’s trust-driven commercial culture? Corporate gifting during major holidays like Eid or even key work anniversaries can foster respect and loyalty. With GoGift, your professional gestures will reflect genuine intent and cultural sensitivity.