Getting the most from your Sales, Marketing, or HR budget is more critical now than ever. You’re likely leaving money on the table with your current Reward, Gift, and Incentive programs. Here are four statistics that may change how you evaluate incentive program ROI. TruCentive automatically returns 100% of the unclaimed value of gift cards, merchandise, and payment deliveries for an average savings of 23%
“Together, Walmart and Starbucks held about $3.5 billion in deferred gift card revenue,” said Lael Brainard, a member of the Federal Reserve Board
Source: marketplace.org
Free gift card delivery offers hide a hidden cost for organizations, known as “delivery breakage” in the incentives industry. This refers to unclaimed deliveries from which vendors profit over time. The facade of free delivery conceals a strategy where card delivery vendors profit from anticipated unclaimed deliveries, turning a seeming convenience into a significant gain for them, not the organizations. This practice leverages the likelihood that many gifts, awards, or incentives will not be claimed by their intended recipients, benefiting vendors at the organization’s expense. Trucentive returns delivery breakage automatically at the end of your specified date.
A short demo is the perfect way to show you how TruCentive can help you realize your rewards, gifts, or payout goals in a real-world scenarios.
