Published Sep 27, 2024

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Corporate Gifting 101

Planning out your gift campaigns

by Sophie O'Reilly

Conclusion: Executing Thoughtful Campaigns

Corporate gifting can be a powerful tool for building and maintaining relationships with clients, employees, and partners. However, the success of a gift campaign depends on thoughtful planning and execution. This guide will walk you through the essential steps to plan a successful corporate gift campaign, ensuring your efforts are appreciated and impactful.

Introduction: The Importance of Corporate Gifting

In today’s business world, a well-thought-out gift can do wonders for your company’s reputation and relationships. Corporate gifting isn't just about giving something away; it’s about making a meaningful connection. Whether you're expressing gratitude to loyal customers, recognizing hard working employees, or nurturing business relationships, a strategically planned gift campaign can enhance goodwill, foster loyalty, and ultimately drive success for your business, organization, or association.

In this guide, we’ll explore how to do just that: 

  • Budgeting Your Gift Campaign(s)
  • Understanding Your Recipients
  • Prioritizing the Gifting Occasions
  • Setting Your Objectives
  • Conclusion: Executing Thoughtful Campaigns

Budgeting Your Gift Campaign(s)

Before diving into the specifics of your gift campaign, it's crucial to establish a clear budget. Your budget will influence the type of gifts you can offer, the number of recipients you can reach, and the overall scope of your campaign. Consider the following factors when setting your budget:

  • Recipient Segmentation: Allocate more budget to high-priority recipients such as key clients or top-performing employees. Less critical segments can still receive thoughtful gifts, but they might be less extravagant or costly. At Unwrapit, a single campaign can include multiple groups (or “streams”) of recipients. This ensures that each grouping has specific gift options specifically tailored to them. If needed, we can segment the recipients in a campaign by price-point and/or region.
  • Gift Quality: Balance quality and cost. High-quality gifts sometimes create a stronger impression, but it's still important to stay within your budget. Gift quality is also dependent on the gifting need. Thanking a connection for their continued support and partnership warrants a different gift to thanking someone for completing a short post-event survey.
  • Additional Resources: Don’t forget to account for platform costs, exchange rates and other fees that you may encounter. Allocate ample time to create and execute the gift campaign to the best possible standard. Getting your team involved in creating personalized to/from messages and/or creating custom gifs can enhance the experience. These additional expenses/resources can add up and impact your overall gifting campaign budget. 
  • Budgeting for multiple campaigns: Some Unwrapit customers have a maximum gifting budget in mind for gifting over the course of the year. If your company or organization is drawing from a holistic annual budget for gifting, you may need to reduce the value of the gifts you give on one occasion to preserve the budget for gifting on other occasions.

Through realistic resource allocation and budgeting, you can ensure that your gift campaign is financially sustainable while still achieving your desired impact.

Understanding Your Recipients

The first major step in planning a gift campaign is identifying who will receive your gifts. Different recipients will appreciate different types of gifts, so it’s crucial to think about your audience:

  • Clients: For clients, the gifts should reflect your appreciation for their business and their importance to your company. Consider their preferences, business culture, and any previous interactions.
  • Employees: When gifting employees, think about what will make them feel valued and motivated.
    You know your employee group best so ensure the gifts chosen are aligned with what they like and will value most. 
  • Partners: Gifts for partners should acknowledge the importance of your professional relationship and show that you value their collaboration. High-quality, thoughtful gifts can strengthen these bonds.
  • Event Attendees/Speakers: Creating a full-circle moment for attendees and speakers by offering gifts that are related to the event's theme is always a crowd pleaser! Keep in mind that some people might be traveling to your conference or event and may have limited space to bring home a bulky gift.

Prioritizing the Gifting Occasions

Clarifying the reason behind your gift campaign will help you select appropriate gifts and tailor your messaging:

  • Holidays and Special Occasions: Gifts given during holidays or special occasions should align with the spirit of the event. For example, festive gifts during Christmas or thoughtful gestures on a business anniversary.
  • Milestones and Achievements: Celebrate significant milestones such as work anniversaries, hitting business targets, or completing major projects. This recognition can boost morale and foster loyalty.
  • Information Gathering: Encourage your network to complete an optional or mandatory survey by offering them a thoughtful gift in return. 
  • Relationship Building: Sometimes, the goal is to simply strengthen relationships. Regular, thoughtful gifts can keep your brand top-of-mind and show that you value ongoing partnerships.

Setting Your Objectives

Before selecting the gifts, it's important to define what you hope to achieve with your gifting campaign:

  • Brand Awareness and Loyalty: Are you looking to increase brand visibility or reinforce loyalty among your recipients? Consider gifts that highlight your brand and its values.
  • Motivation and Productivity: For employee gifts, think about items that can inspire and motivate. This could be anything from productivity tools to wellness packages.
  • Celebration: In search of a meaningful way to celebrate a specific holiday or milestone? Gifts aligned with these celebrations can be extremely appreciated and well received. 
  • Customer Retention: Gifts (and gifting experiences) that show genuine appreciation can encourage repeat business and strengthen customer loyalty. Consider a thoughtfully written to/from message and drawing on your knowledge of your customer and their likes. 

Conclusion: Executing Thoughtful Campaigns

Once you’ve identified your recipients, defined the reason for gifting, and set your objectives, it’s time to execute your campaign. Remember, the key to a successful gift campaign is not just the gift itself, but the sentiment behind it.

By carefully planning out your gift campaigns, you can create memorable experiences that strengthen relationships and drive business success. Thoughtful corporate gifting is an investment in your company’s future, one that can yield significant returns of goodwill and loyalty.

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