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Buying
the perfect corporate gift for your clients has never been easier
with the availability of products online and retail. However, with
the vast selection of gift ideas comes a dizzying array of choices.
Before
you set out to find the perfect corporate gift for your clients,
know the essentials of corporate gift buying.
Corporate gift giving is on the rise, up
to 71% in 2005, according to OPEN from American Express(SM) 2005
Semi-Annual Small Business Monitor.
The Monitor rates the top corporate
gifts as:
cards or calendars (49%)
gift certificates for retail or
restaurants (26%)
company branded items (23%)
fruit/food basket or charity donation
(both 18%)
flowers/plants and wine/liquor (tied at
10%)
Before you run out and buy the "tried
and true" corporate gift, consider these 8 essentials of buying
business gifts.
Check Corporate Policies:
Many companies and government offices will have a gift policy
limiting the dollar value of a gift or prohibiting gifts.
Be sure to check with your recipients to
determine the limitations of gift giving so they don't have to
return the item.
Determine Wants: Knowing
what to buy a corporate client is the biggest challenge of business
gift buying. It's difficult to know your clients on a personal level
in many cases. The best bet is to call your customers and ask them
what they like, their hobbies, etc., to give you a great idea of
what to buy.
Consider Cultural Differences:
Each country and culture will have their own rules for corporate
gift buying. For instance, in China, a gift should never be wrapped
in white since it symbolizes death.
Go for Quality: Any
business gift you send reflects on the image of your company. Avoid
lower quality gifts that can impair your image. Purchase quality
products without breaking your budget.
Use Hand Written Cards:
It's far too easy in this Hallmark age to simply send a card with
your gift and signature. For a more lasting impression, add a hand
written note sharing your thoughts.
Spend on Packaging: As
important as choosing the right corporate gift for your client is
the packaging of the gift itself. Spend the time and money on the
wrapping to reflect your value on client relationships. If you lack
the talent for gift-wrapping or have no time, use the many
gift-wrapping services available from retailers and shopping malls.
Deliver Personally: If your
business gift list isn't too large, consider personally delivering
the gift to the intended party. A personally delivered gift will
keep you at the top-of-the-mind with your clients.
Corporate gift giving is an opportunity
to connect with your clients, strengthen ties, and share your
holiday cheer. Adopting an attitude of giving will make the act of
corporate gift buying less stressful and more fun.
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