REWARD MERCHANDISING
Program design, communications, learning, voice and feedback, all are important, but so are the rewards selected. What is offered and how can have a direct impact not only on engagement but on the perception of your organization. Using tangible rewards instead of cash ensures that your organization distinguishes performance and recognition from ordinary performance, so that employees, customers or distribution partners do not confuse it with compensation or pricing issues.
Which types of rewards used to engage which type of audience for which purpose and budget entails a combination of art and science at which PFI excels after about 93 years of doing it for tens of thousands of programs.
Tangible awards continue to serve as one of the most effective vehicles to motivate individuals and groups because of their power to provide participants with tangible reminders of success. This approach to rewards can resonate across the organization in a way not possible with cash bonuses. Researching, sourcing and selecting rewards is a daily challenge at which PFI excels. To assemble the most effective and motivating award selections, our professional buyers focus their efforts on trends, product availability, product lifespan, manufacturer delivery performance, redemption popularity, participant demographics, and tariffs.