ExcitingDestiny's
Stay at Home Business - Money Making Secrets
  Article Directory
Search:

Home | Business


ExcitingDestiny.com Article Directory

Giving Corporate Gifts: The Way to Success
By: Jerry Carpos

This is the age of increased competition in the corporate world. With the right corporate gifts you are on your way to forging more loyalty from your associates and more enthusiasm towards work from your employees.

After checking corporate policy, a gift should be selected carefully according to the position, interests and hobbies of the recipient. While the holiday season is the most popular time for the giving of corporate gifts, there are many other occasions which can be made the most of, including the anniversary of an important date for the business, such as its founding, the opening of a new office or the opening of a new office or branch. Retirement, marriage, birth of a new baby, and promotion are just few of the excellent moments when one can show deep appreciation by giving corporate gifts to encourage loyalty and strengthen team ties, that is gift giving should be limited to only a few occasions a year.

As for the company logo, while having this appear on the gift does act as free advertising, it is only appropriate for gifts which will be in use daily, such as key chains, drinking mugs, caps and ballpoints. If you are about to give a personal gift, the company logo should never be used. Appropriate gifts include electrical goods and appliances, travel or alarm clocks, food such as hampers, tickets for shows or travel and that old favorite, desk accessories. Be sure if you are giving internationally that you are abiding by the customs of the country where you are giving. Misbehavior could backfire and create serious negative effect on your image in the corporate world. In 2005 corporate gift giving sank among U.S. companies against of pre-tax profits, despite the huge corporate responses to Hurricane Katrina and the Asian tsunami which were so splashed across the media. More than $1bn was given by US companies to relief victims for these disasters. The total amount given by companies like Wal-Mart, AIG and Citigroup went from 14% to $8.56bn, but a percentage of pre-tax profits declined to 0.9 per cent from 1.1 per cent the year before. Considering profit growth, the decline was probably unexpected. Two-thirds of the donations from companies were in kind.

The top bids generally want their philanthropy to be aligned with their business strengths. Deloitte, the consultancy, prefers for example to withhold cash and to offer its services to charities instead. Eli Lilly and Merck and Pfizer as well as other pharmaceutical companies prefers to give a larger proportion of medicine and supplies over cash. Annual contributions from 88 leading donors are in the region of $10bn, which is about half of all corporate philanthropy in the US. The median gift is about $32m. On the other hand, 17,000 more companies in America are clearly not pulling their weight.

Article Source: http://www.excitingdestiny.com/articles

Personalized corporate gifts like portrait painting can highlight moments of success of a company. Artist like Jerry Carpos suggests that these are the best promotional corporate gift that suits your company ideals.

Please Rate this Article

 

Not yet Rated

Click the XML Icon Above to Receive Business Articles Via RSS!
Additional Articles From - Home | Business
Sign Up for a free account or learn more.
Submit Articles
Member Login
Top Authors
Most Popular Articles
Submission Guidelines
Ezine Notifications
Article RSS Feeds
Exciting Destiny Home
Exciting Destiny's Blog
Prosperity eCourse
Find Deals on eBay...
Valerica Beaded Jewelry
Success University
SFI
Empowerism
Host4Profit
Warrior Pro
Traffic Swarm

Are you smart enough to make money online? You could be...

Click here to get your FREE copy of "Dotcomology - The Science of Making Money Online" TODAY!

Link to Us
Privacy Policy
Terms of Service
Article Directory Software
Click here to download the exact software that powers this directory for FREE. Start your own article directory today!

ExcitingDestiny.com
Money Making Secrets for the Stay at Home Internet Marketing Business
Hosted by Host4Profit
Contact | Blog | Internet Home Business Top Pick | International Success Mentoring

Powered by Article Dashboard