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.
El Salvador gift card market size
No exact data exists for the current size of the Salvadoran gift card market. However, greater market trends have been observed in Latin America. The gift card industry in Latin America will continue to grow over the forecast period and is expected to record a CAGR of 9.1% during 2024-2028. The gift card market in the region will increase from US$ 12.9 billion in 2023 to reach US$ 20.2 billion by 2028.
El Salvador has been severely lagging behind other countries in terms of digitalisation. Low internet penetration, the absence of mobile banking options and little trust in digital services have hindered the growth of e-commerce and digital payments. Four years of bitcoin serving as a currency saw a sharp rise in digital payments, but the growth potential for the domestic gift card market remains unexhausted.
Continued digitalisation will undoubtedly affect the gift card market. A significant factor in El Salvador’s economy is the reliance on remittances, accounting for almost a quarter of the country’s GDP. Many Salvadorans living abroad use gift cards as a method to send support to their families. With the increase of cross-border gifting solutions, this is a trend likely to continue and further develop in importance.
El Salvador gifting traditions
Culture: The country’s cultural markup is characterised by a Mix of Native American and Latin American cultures, present in festivals, cuisine, and social customs
Religion: Roughly half of the population identifies as Roman Catholic, while just over a third are Protestant Christians. Thus, while Catholicism played a major role in the history of the country, today’s religious landscape is more diverse
Occasions: Salvadorians give gifts for birthdays, Christmas or New Year, as well as religious events in a person’s life. A girls quinceañera (her 15th birthday) is lavishly celebrated
Etiquette: Gifts are generally opened when received
Business Culture: Much like the rest of Latin America, in El Salvador business is conducted only after a relationship has been established, and time should be dedicated to this process
Corporate Gifting: Business gifts are not expected at an initial meeting but will usually be appreciated. If invited to a Salvadoran home, it is appropriate to bring a gift to express gratitude for being hosted
Gift card regulations in El Salvador
Here are some general points about gift card regulations in El Salvador as of January 2025:
Validity of gift cards is set by the provider
Gift cards cannot be exchanged for cash or refunded
The issuer is not required to replace lost or missing gift cards
Rights of consumers are safeguarded by the Salvadorian Consumer Protection Agency in charge of applying the Consumer Protection Law
Terms and Conditions are set by the provider
Any labels associated with the gift card must be in Spanish
It's important to note that regulations may change, so always check the latest guidelines with El Salvador'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 El Salvador, ensure you read the issuer's terms and conditions and consult with legal experts if necessary.
Popular gift cards in El Salvador
Taco Bell: A globally recognised fast-food chain, Taco Bell offers Salvadorans a convenient and tasty way to enjoy their favourite Tex-Mex dishes
Siman: Known as a top department store in El Salvador, Siman provides a wide variety of products, from clothing to home goods
Puma: A leading brand in sportswear and casual apparel, Puma appeals to fitness enthusiasts and style-conscious individuals alike
La Curacao: A trusted retailer for electronics, appliances, and furniture, La Curacao gift cards are perfect for practical and high-value gifting
Farma Value: Offering essential health and wellness products, Farma Value gift cards provide recipients with a practical option for everyday needs
Hotels Online: The ultimate gift – the gift of travel! This versatile gift voucher offers a world of possibilities as it can be used at an impressive selection of over 400,000 hotels worldwide
Benefits of B2B gifting in El Salvador
Boost Brand Loyalty in a Competitive Market: Corporate gifting helps build strong emotional connections between brands and their customers, fostering long-term loyalty. By incorporating local Salvadoran culture or addressing specific customer needs, businesses can create a sense of belonging and personal touch that increase repeat engagement and positive word-of-mouth
Reward Employees, Boost Productivity: In El Salvador, where employee retention and motivation are key challenges for many businesses, corporate gifting pays an essential role in fostering job satisfaction. Offering rewards like gift cards for exceptional performance or during holidays can help employees feel appreciated and valued
Strengthen Relationships with Business Partners: Gifting partners and clients can strengthen business relationships and foster goodwill, essential for long-term partnerships. In the Salvadoran business environment that is built on trust and personal relationships, gifts can show appreciation and commitment, bridge cultural gaps, and enhance collaboration
Maximise Corporate Visibility: Corporate gifting enhances brand visibility in both the corporate and consumer spheres. In El Salvador, where digital and social media marketing are booming, sending branded items or gift card to key stakeholders, customers or influencers can generate organic online exposure
The Global Gift Card
Want to enhance business relationships in El Salvador’s people-first professional environment? Recognizing moments like Independence Day or end-of-year milestones with a well-selected gift helps show appreciation and long-term commitment. With GoGift, your business gesture will always leave a positive impression.