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.
🎁 Corporate gifting? Make it easy with The Global Gift Card
Luxembourg gift card market size
While specific figures for Luxembourg's B2B gift card market are limited, the European gift card market overall is experiencing growth. The European gift retail market is projected to grow at a CAGR of 12.4% during 2023-2033, from USD 173.7 billion in 2023 to USD 558.9 billion in 2033.
The Luxembourg gift card market has evolved with technological advancements and changing consumer preferences. The shift towards digitalization has led to increased demand for e-gift cards, especially among younger demographics. Corporate adoption has also risen, with businesses using gift cards for employee incentives and customer loyalty programs.
The market is expected to continue its growth, supported by factors such as the expansion of e-commerce, increased smartphone penetration, and the growing popularity of cashless transactions. The B2B segment is anticipated to benefit from the ongoing digital transformation and the emphasis on personalized employee rewards.
Luxembourg gifting traditions
Cultural Roots and Core Values: Luxembourg's culture is a blend of Germanic and Romance influences, emphasizing respect, politeness, and community. Gift-giving is a common practice to express appreciation and strengthen bonds.
Gift-Giving Tradition: In Luxembourg, gifts are often exchanged during personal milestones such as birthdays, weddings, and name days. In business settings, while not obligatory, presenting a thoughtful gift can leave a positive impression and foster goodwill.
Cultural Norms: Gifts are typically modest and chosen with care. It's customary to present gifts that reflect the recipient's interests or needs. Overly extravagant gifts may be viewed with suspicion.
Significant Gifting Occasions: Major holidays like Christmas and Easter are popular times for gift exchanges. Additionally, company anniversaries and employee milestones are occasions where corporate gifts are given.
Corporate Gifting: Corporate gifting is practiced, particularly during the holiday season or to mark significant business achievements. Gifts are chosen carefully to maintain professionalism and adhere to corporate policies.
Emerging Self-Gifting Trend: With the rise of e-commerce, there's a growing trend of self-gifting, where individuals purchase gift cards for personal enjoyment.
Navigating Gift-Giving: Understanding the nuances of Luxembourg's culture is essential. Gifts should be appropriate, high-quality, and presented with sincerity to foster positive personal and professional relationships.
Gift card regulations in Luxembourg
Validity Period: The Luxembourg Gift Voucher Charter recommends a minimum validity period of two years for gift cards, providing greater flexibility for consumers.
Consumer Protection: Luxembourg consumer protection laws ensure that the terms and conditions of gift cards are transparent, including any fees or expiration dates.
Data Privacy: Compliance with the European Union's General Data Protection Regulation (GDPR) is mandatory when handling customer information related to gift card transactions.
Anti-Bribery Laws: Luxembourg law prohibits bribery, and companies must ensure that corporate gifts, including gift cards, do not violate these regulations.pcn.gouvernement.lu
It's important to note that regulations may change, so always check the latest guidelines with Luxembourg'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 Luxembourg, ensure you read the issuer's terms and conditions and consult with legal experts if necessary
Popular gift cards in Luxembourg
Amazon: Widely used for a vast range of products, Amazon gift cards are popular for their versatility.
Luxair: The national airline offers gift cards suitable for travel enthusiasts.
Suitsupply: A fashion retailer offering gift cards redeemable online or in-store.
Apple: Ideal for purchasing apps, music, and other digital content.
Global Experiences Card: Offers a range of experiences, from travel to dining, suitable for various preferences.
Microsoft Xbox & Steam: Popular among gamers for purchasing games and in-game content.
Benefits of B2B gifting in Luxembourg
Enhance Business Relationships: Thoughtful gifting can strengthen professional ties and show appreciation to clients and partners.
Boost Employee Morale: Recognizing employee achievements with gift cards can increase motivation and job satisfaction.
Customer Loyalty: Incentivizing customers with gift cards can encourage repeat business and brand loyalty.
Flexibility and Convenience: Gift cards offer recipients the freedom to choose what they value most, making them a versatile reward option.
Tax Efficiency: Under certain conditions, gift cards can be a tax-efficient way to provide bonuses or rewards, but it's important to consult with tax professionals to ensure compliance.
The Global Gift Card
Make a good impression in Luxembourg’s multilingual and highly international business environment - gifting around business visits or the festive season is a refined way to express gratitude and build rapport. With GoGift, you can deliver that thoughtful touch to solidify partnerships.