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
Guatemala
18.12M
Population
Guatemala City
Capital
Spanish, Mayan (Recognised national language), Garifuna and Xinca (Recognised regional languages)
Official language
Quetzal
Currency
National holidays
Guatemala gift card market size
Specific data on the current size of the Guatemalan gift card market is not readily available. However, the increasing availability of gift cards from various retailers and digital platforms indicates a growing adoption of this gifting method.
The gift card industry in Latin America will continue to grow 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.
Guatemala’s economy has continued to experience steady growth in recent years, with GDP expanding at a moderate pace. Despite this progress, poverty remains a persistent challenge. High emigration rates have made remittances a cornerstone of the economy, accounting for a fifth of the GDP in 2024.
Notably, a growing share of these remittances is being sent in the form of gift cards, reflecting the increasing preference for flexible and practical ways to support families and streamline cross-border financial transactions.
Half of the population of Guatemala are social media users, and internet penetration stands at 65%. These numbers have slowly but steadily been increasing, as digital services become more accessible. If this growth continues, there are great opportunities for retailers to expand e-commerce, as well as a yet unexplored market for digital payment solutions. As seen in other developing countries, this will likely lead to a growth in the digital gift card market.
Guatemala gifting traditions
Culture: Family structure shapes societal dynamics. Hospitality is a cornerstone of Guatemalan culture, as community is seen as the foundation of family life
Religion: Guatemala is predominantly Roman Catholic, but there are also significant Protestant and indigenous Mayan religious communities. Showing appreciation and respect for these affiliations is vital
Gifting Occasions: Religious festivals, such as the Semana Santa and Christmas are some of the most important occasions for celebrations. Indigenous peoples have many local festivals. Moreover, birthdays, especially a girl’s fifteenth (her quinceañera), are celebrated with fervour
Business Environment: Corporate Culture in Guatemala is highly hierarchical, and relationship based. Thus, it is expected that time will be dedicated to establishing a personal relationship between business partners, which can be supplemented by giving gifts
Corporate Gifting: Gifts are usually not brought to a first meeting. If invited to a Guatemalan household, it is appropriate if not expected to bring a gift
Gift card regulations in Guatemala
Here are some general points about gift card regulations in Guatemala as of February 2025:
Guatemala does not yet have specific legislation governing the issuance and use of gift cards
Terms such as expiration dates, fees, and usage conditions are determined by the issuing retailers or service providers
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 Guatemalan Consumer Protection Law
It's important to note that regulations may change, so always check the latest guidelines with Guatemala'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 Guatemala, ensure you read the issuer's terms and conditions and consult with legal experts if necessary.
Popular gift cards in Guatemala
Subway: A global sandwich chain, Subway is popular in Guatemala for its customisable, fresh, and affordable meal options
La Torre: Known for its wide selection of groceries and everyday essentials, La Torre is a trusted supermarket brand for Guatemalan families
Japan GT Stores: Offering affordable Japanese-inspired household items and gadgets, Japan GT Stores attract customers seeking unique and functional products
Distefano: A leading fashion retailer, Distefano is favoured for its stylish and diverse clothing collections catering to all ages and occasions
Siman: A prominent department store, Siman is loved for its extensive range of quality products, from clothing to electronics and home goods
Elektra: Specialising in electronics, appliances, and financing options, Elektra is ideal for customers looking to upgrade their homes affordably
Tuco: As a budget-friendly furniture store, Tuco is popular for its stylish, modern designs at accessible prices
McDonald’s: A favourite fast-food chain in Guatemala, McDonald’s appeals with its consistent quality, family-friendly atmosphere, and iconic menu items
Benefits of B2B gifting in Guatemala
Strengthening Local Connections: Corporate gifting in Guatemala builds trust and strengthens relationships in a culture where personal ties matter. Thoughtful gifts show commitment to long-term partnerships, making your brand more relatable and trusted by local clients and partners
Boosting Brand Visibility in Niche Markets: A well-chosen gift increases your brand’s visibility. By using locally relevant or culturally significant items, your company becomes more recognisable and appreciated in Guatemala’s competitive market, standing out as in tune with local traditions
Enhancing Employee Loyalty and Motivation: Gifting employees fosters a sense of recognition and belonging. In Guatemala’s strong team-oriented culture, rewarding staff boosts morale, improves retention, and enhances productivity, showing that the company values its workforce
Facilitating Cross-Border Business Relationships: Corporate gifts help build rapport in cross-border deals. Thoughtful gifting shows respect for Guatemalan customs, smoothing negotiations and strengthening partnerships, crucial for doing business in a culturally diverse market
The Global Gift Card
Looking to deepen professional relationships in Guatemala’s close-knit business culture? A corporate gift as recognition for a successful partnership is a great way to express your ongoing appreciation. With GoGift, you’ll always present your brand with care and respect.