So what do you spend on corporate holiday gifts? That’s a tough question in a tough economic climate. Providing you haven’t just laid off a bunch of employees and times are tough but your company is pluggin along, I hope you are still gifting your clients this year. I have mentioned in past posts that you should at least send a holiday card. They are inexpensive and they go alot further than not acknowledging your customers at all.
The reason I did this post is Monday I got an email from a new customer asking for gift ideas under $3.00. My first thought, was “Holy Crap gifts under $3.00?” But then rationale clicked in and I realized that every company has a budget and at least they were giving something, which is far better than giving nothing. Now this customer had no ideas of what they wanted to give. She only had a budget. I was given no direction, but needed to brainstorm ideas. Now keeping in mind that I have 800,000 products to choose from…where was I to start. She gave me quite a challenge, but I did manage to come up with quite a few ideas for her. I was fairly proud of myself when all was said and done. It’s not hard to find a marketing piece in that price range, but something that is considered a gift…well that was a bit harder.
So that left me to wonder – how much do you spend on your corporate holiday gifts? Does every customer get a gift? Do you have tiers, where customer that spend x amount with you get this gift and customers that spend y amount get that gift? Do you base spending on a percent of what they spend with you? Every company has a different method.
When all is said and done, holiday gifts can be very high end or very inexpensive…the main idea is to build relationships with your current customer base, build goodwill and show appreciation. It doesn’t really matter the amount you spend, just spend…the economy will thank you and in the end the repeat business will make it all worthwhile.


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