Corporate Gifting 2021 Part 1: Unwrapping the Gift-Giving Opportunity

With the workplace being more dispersed than ever, sending a thoughtful gift is one of many ways for employers to keep employees engaged and reward them for their work well done. 

When corporate events went virtual, a gift for valued attendees brought a touch of reality to what would be otherwise, “another online event.” 

Likewise, a well-chosen gift bridged the gap with client relationships that are distant. 

The pandemic has changed corporate gifting from simply a routine to a business priority. 

Furthermore, the $242 billion business is expected to grow another $64 billion over the next three years, as more companies feel the need to boost their connection to partners and prospects that have been working remotely for the last year or more. 

Corporate gifting today is driving home the most meaningful effect: making the recipient feel valued and appreciated. 

Why Companies Give

A new study by Coresight Research recently surveyed corporate gift buyers across companies up to $30 billion in revenues.

The company’s findings detail the changes the pandemic brought about corporate gifting strategies and predict the trends that will carry that business forward.

  • The most popular reasons to gift are to show recognition and appreciation to employees (64 percent).
  • Half of the respondents (50 percent) stated that they gift as a token of appreciation to clients and partners.
  • Improved relationships with customers/employees emerged as the top advantage of corporate gifting, with 43 percent of respondents ranking it among the top reason.

What the Recipients Say

Companies are seeing that gifting is money well spent. Over 80 percent said gifts have improved relationships with employees and/or clients, with 48 percent saying gifting delivered a substantial benefit. 

Benefits of gifting:

  • 45 percent said they received feedback that the gift made the recipient feel valued 
  • 43 percent saw improved customer loyalty 
  • 41 percent recognized an improvement in employee retention.

 

With these benefits considered, how are you planning your gift-giving strategy this year? 

Stay tuned as we will have part two of our Corporate Gifting 2021 series, focusing on how to solve gifting challenges and adding value to your gifts. For ideas on what to give this holiday season, visit www.fusionofideas.com/gifting.

Kids of Courage Uses Branded Technology to Further Its Mission

“Wearing something with a logo of an organization that is close to my heart is personal to me. Not only is it a conversation starter, it is also a reminder of why I am a part of Kids of Courage.”

These were the words of Josh, a recipient of a custom branded Apple AirPods Max from Kids of Courage. Josh, who was gifted the device as a recognition for his fundraising efforts, proudly dons his new wireless headphones even though he is not “a regular headphone user.”

Kids of Courage is a New York-based nonprofit organization that gives children with medical illnesses opportunities to participate in year-round activities and medically supervised trips. 

“We love to give personalized technology to our supporters because it is unique and different,” said Naftali Solomon, Kids of Courage Director of Operations. “While the gifts are not the reason why they fundraise, our families and volunteers love to see the incentive list and find something to set their goal for.” 

Naftali Solomon, director of operations at Kids of Courage, shows off a custom branded Apple iPad used to help spread awareness of the organization.
Naftali Solomon, director of operations at Kids of Courage, shows off a custom branded Apple iPad used to help spread awareness of the organization.

Since 2019, the organization has offered Kids of Courage branded premium gifts, including high-tech products as perks for families and volunteers to reach fundraising goals. Past gifts have included: Apple iPad, Beats Powerbeats Pro, Apple Watch and Apple AirPods Pro. 

Naftali added, “The positive feedback we have gotten is encouraging, and it is a win-win situation to be able to thank our supporters and at the same time, further the organization’s mission.”

To learn more about Kids of Courage, visit www.kidsoc.org

 

SAAC Expo 2021

With the holiday gifting season on the horizon, FUSION OF IDEAS headed back on the road and recently participated in person at SAAC Expo 2021 in Anaheim, Calif. 

SAAC (Speciality Advertising Association of California) holds an annual event that brings together suppliers and distributors in the promotional industry. This year, FUSION OF IDEAS participated as an exhibitor to show the latest and most popular high-tech products that can be customized for the 2021 corporate gifting season.

Attendees were able to see the products up close and speak with our team about their upcoming gifting needs. Check out highlights from the event.

SAAC (Specialty Advertising Association of California) Expo 2021 was held Aug. 5-6 in sunny Southern California
SAAC (Specialty Advertising Association of California) Expo 2021 was held Aug. 5-6 in sunny Southern California
FUSION OF IDEAS featured the latest high-tech products for the 2021 holiday gifting season.
FUSION OF IDEAS featured the latest high-tech products for the 2021 holiday gifting season.
Distributors in the promotional industry get an up-close look at the premium gifting options for their clients.
Distributors in the promotional industry get an up-close look at the premium gifting options for their clients.
The FUSION OF IDEAS team explains our end-to-end solutions for gifting, including decorating, packaging, kitting and shipping.
The FUSION OF IDEAS team explains our end-to-end solutions for gifting, including decorating, packaging, kitting and shipping.
More than 300 promo industry suppliers exhibited in the regional event this year.
More than 300 promo industry suppliers exhibited in the regional event this year.

2020 Holiday Gifting Highlights

Customized wireless earbuds…smart speakers…UV smartphone sanitizers… wireless phone chargers…

Personalized insert tags with thoughtful messages from company leadership…

Individual shipping of gifts directly to recipient’s doorsteps…

 

These are just some of the creative and thoughtful gifting projects we worked on over the holiday season. We continue to be inspired by our clients.

Click on the video below to see a few highlights from our 2020 holiday gifting season.

For more on our Corporate Gifting program, visit www.fusionofideas.com/gifting.

7 Habits of a Thoughtful Gift-Giver

If you’re wondering whether or not a corporate gifting program is appropriate for this odd year, the answer is yes! 

In today’s times of working from home and virtual conferences, it’s more important than ever to create personal connections and engage your clients and employees. They want to know they are being thought of and that they are appreciated. 

For many businesses, planning the annual corporate gifting program can be stressful. There are many things to consider such as budget, the gift itself, and even the logistics of how gifts will be delivered, particularly since the workforce may be remote this year.

But it’s important to remember that in corporate gifting, the gift itself is never the principal message. Rather the gift is a tangible asset that helps communicate the message of appreciation, thoughtfulness and connection. It’s not surprising to hear that when recipients note a business gift as memorable, the gift’s return on investment increases by 40 percent

As we enter this gift-giving season, we want to share 7 habits of thoughtful gift-givers to help your company stand out from the crowd:

Plan ahead.

Simply put, don’t wait until the last minute to plan and execute your corporate gifting program. There are two main benefits to planning ahead: you have more gift options to choose from and you save on budget by not having to utilize rush shipping. If you haven’t gotten started on your gifting program this year, begin now.

Don’t focus on the cost.

Consider how much you routinely spend taking a client out for a nice meal or entertainment. Yet, when it comes to gifts, businesses tend to figure out how little they can spend. Particularly since many companies are forgoing large holiday gatherings this year, use that budget toward “first-class” gifts for your employees and VIP clients.

Consider the usefulness of the gift.

A practical gift is one that shows thoughtfulness because it can be used year-round. Our best advice: Avoid poor-quality items that can easily break or one-time use products and your gift will be repurposed throughout the year! 

Make it personal.

If you prefer not to put your company logo front and center on a product, you can still offer a gentle reminder of who the gift came from by adding your logo on a subtle location on the gift. Another way to personalize and make the recipient feel special is by printing the recipient’s name or family name on the product. Personalization shows that you took time to personally think of the recipient and that gift is not part of mass distribution.

Think about the presentation.

Creating a memorable unboxing experience shows that you put thought into the gift from beginning to end. How the gift is presented to your recipient is just as important as the gift itself. Many components go into the presentation of a gift, from the packaging to gift wrap and even a personal greeting or tag.

Make it easy to receive.

Because many in the workforce are still working from home, getting a pleasant surprise in the mailbox or on the doorstep can make a person’s day. Using a shipping partner to deliver your gift directly to the recipient pays off as it shows consideration and thoughtfulness. 

Enjoy the gift of gift-giving.

A thoughtful gift giver does not think about what he or she will get in return. Gift-giving is about showing that you thought about them enough to take time and money to purchase a gift. You do it because you want to show your gratitude and not because you expect something in return.

For ideas on our highly-rated business gifts for 2020, visit our Corporate Gifting site at www.fusionofideas.com/gifting.