Do It Yourself Incentive Programs

We help you put together quick incentive programs yourself based on your budget. Click to view/download our sample incentive programs with pricing.

Fixed Budget Incentive Programs
For those who need to know exactly how much the incentive program will cost based on their budget.

Travel Incentive Programs
Nothing motivates like travel. We have travel options for all budget ranges and a number of award earning structures to choose from.

Win-Place-Show Incentive Programs
Our most popular format, participants control their own fate in these incentive programs.

Grand Prize/Drawing Incentive Programs
For those with a limited budget, a grand prize incentive program can stretch your budget.

1-2-3 Incentive Programs
This fun and engaging earn-as-you-go format incorporates a theme to add to the excitement of the incentive program.

Online Points Based Incentive Programs
Like no other, used by many Fortune 500, this online self-managed solution includes over 16,000 options,
you ONLY pay when your goals are attained.

Plateau Incentive Programs
We build custom award catalogs based on your budget. No start-up costs or production costs for the award catalog. Perfect for safety, employee, and holiday awards!

View All Incentive Program Types
Click above for expanded summaries of all of our incentive program types.

We create promotional materials for you like these based on your budget, incentive program format and incentive theme. Call us today to put us to work for you! 800-934-5474.

Incentive Program Audiences

View incentive program ideas by audience

> Sales Incentive Programs

> Employee Incentive Programs

> Customer Incentive Programs

> Dealer/Distributor Incentive Programs

Resource Center

> Plan a Successful Incentive Program

> Calculate Return on Investment (ROI)

> Cash vs. Merchandise

> How Much Should I Spend?

> Taxes and Corporate Incentives Programs

> Creating Goals and Objectives

> The Benefits of Using Brand Names

> Our Competitive Edge

> All Research Articles

 

 

Travel Incentives
Nothing excites customers or inspires employees like travel incentives. Go >

Employee Motivation
Fun rewards. Serious results. Check out more than 2,600 items. Go >

<  Back to all Incentive Program articles

For What Itís Worth Ė
How Much Should I Spend on a Company Incentive Program?

The question of budget is a very important issue that should be factored in to the initial planning stages by those involved with creating or planning any company incentive program. There are, obviously, implications for going too far to the extreme on either end of the budget spectrum. If you spend too much, then you create an expectation that may be difficult or impossible to maintain. If you spend too little, the company incentive program may not be well-received, nor will it engender motivation or competition. Balance is the key, and how much you spend relates directly to the type of company incentive program you create.

Are you planning a short-term (close-ended) or ongoing (open-ended) company incentive program?

For a short-term program, you can decide on a budget at the onset which will simplify matters for both the type of rewards you choose and for accounting at the end of the program. This type of program works best in situations where you have top performers competing directly against each other.

For an ongoing program youíll need to build in budgetary constraints, but this type will prove to have a higher return on investment. Although ongoing programs are more challenging to administer, since tabulation or accounting canít be completed until you have ďwinnersĒ or the program finally ends, they have been shown to be more motivating and thus more successful.

Will there be a return on investment?

If youíre planning to spend more for an open-ended program, what will the ROI be? Keep in mind that more frequent rewards can effectively sustain long-term interest and focus on your company incentive program.

Smaller budget doesnít necessarily mean lesser reward

A tight budget doesnít necessarily have to be restrictive. By enlisting some creative thinking from members within the company, you can garner ideas for less expensive gifts that are still suitable and enjoyable.

Donít try to be grand just to impress or appease

While itís certainly exciting to offer a large vacation getaway or new car, something as simple as tickets to a big sporting event or local concert, a day trip for a family to a nearby amusement park, a trip to the spa, even free movie tickets or DVD rentals for a month could prove to be effective incentives.

Itís always better to give

The most rewarding aspect of any company incentive program is that youíre not only perceived as a generous employer, you also create positive feelings and general goodwill and spirit within the company while fostering healthy relationships with your clients and employees.

 

Incentives Marketplace is a performance improvement company devoted to providing clients with a single source for high quality, affordable incentives designed to achieve business goals.

Contact us today with your specific needs and put our incentive programs and experienced staff to work for you! Call 800-934-5474 or send e-mail to: Info@IncentivesMarketplace.com.

<  Back to all Incentive Program articles