Seven simple incentive ideas for employees.
Who else wants to discover how powerful low cost, high powered (state of the art) incentive ideas for employees can dramatically improve your bottom line, without you necessarily spending a whole lot more money? Sound good?
How And Why You Should Frequently Be Using Powerful Incentive Ideas For Employees To Turbo Boost Your Long Term Profits!
Ladies & Gentlemen, have you heard about this entirely strange deal,where apparently every year a bunch of multi millionaire (men & women) gather in a five star hotel.
And dress up in their best clothing and watch with baited anticipation to see who among them will get this shiny piece of plastic, (that get this) rumor has it, cost no more than a lousy twenty bucks!
Say what? What gives here? Any of these people (some of whom) are millionaires (a gazillion times over) could easily afford to not only buy each person in that room, one of these plastic gizmos, but also easily afford to buy everyone in their immediate family one, including the dog!
Don’t Ever Under Estimate Or ignore The Long term Residual Affects Of Recognition!
And still have plenty of money left over. So why all the fuss then? Because. It’s a statistical (undeniable) proven fact; that good ole recognition, cuts right to the soul!
And whenever you (meaning) the employer/entrepreneur. Take the time to truly recognize the VIP’s in your life, meaning, your spouse, relative(s), kids, siblings and or significant other etc. They in turn will consistently give you 110% in effort every time.
By the way (just for the record) that lousy twenty dollar piece of plastic these multi millionaires are craving, is called an Oscar! Any questions?
Now then let’s quickly shift gears and focus on:
Seven Incredibly Simple Ways For Your Business Or Service To Strategically Use Incentive Ideas For Employees In Order Stimulate Peak Performance!
First of all, this in no way is suppose to be some end all be all list of seven proven performance enhancement suggestions. No way!
Instead, if you’re not currently using them and or any particular variation there of, think of them as merely a starting point.
Designed to hopefully stimulate your creative marketing juices and propel you to start a profitable conversation with your valued employees/associates in order to come up with some powerful, low cost (yet meaningful) peak performance based incentives.
As A Cash Challenged Small Business And Or Service Provider, You Don’t Have To Rely On What Your Business Can Personally Afford To Spend On Peak Performance Incentives!
Granted, depending on what type of small business and or service you currently have. And what stage your in. Obviously some of these proven suggestions may not currently be practical for you.
That being the case, look for other creative ways to systematically, (both) recognize and more importantly strategically reward your valued employee/associates. (And or your best vendors) for their outstanding contributions to your long term wealth creation and success!
Your valued employees will feel better, perform better (more often.) Call in far less often and your best customers and clients will have a much better overall experience with your company.
Which ultimately means they’ll spend more money, remain a loyal customer longer, you’ll have less employees turn over, plus you earn more money (for less effort) over time. Any questions?
Here Are Your Seven Simple Peak Performance Enhancers In No Particular Order Of Importance!
1.) Practically every savvy small business owner and or service provider (even) cash strapped start ups, can or should be able to afford springing for pizza (or wings) on your employees birthdays and or wedding anniversaries.
And or giving them some sort of coupon on the announcement of the birth of a child! And it doesn’t hurt if you give a mention in the monthly/quarterly company newsletter as well!
But let’s go just a little bit deeper here, okay? While patting someone on the back is nice. Let’s face it already,your valued employees/associates, have to live too. Right? Absolutely.
So, creating some powerful (on or) offline joint ventures (JV’s) with other local small business owners and or service providers, really make sense!
(Ask your valued employees to supply a list of the top most necessary products or services they simply can’t do without. And look for some type of recurring theme.)
And those are the small business owners and service providers that you approach first.
Be Or Become A Power Network-er And watch Your Profitable Results Start To Multiply!
That way (not only) are you saving money whenever you strategically reward your best employees for peak performance(s), but you’re also helping to grow your joint venture partners business, for a whole lot less!
Because their systematically being exposed to (both) your best customers and clients and your valued employee/associates. And all their contacts as well! Think about the explosive long term viral marketing leverage for a second!
Think in reverse as well. Huh? Meaning, you can actively start looking for other local small business owners and or service providers to start offering your special “VIP first new customers only” discount coupons to both their valued employees and associates to as well.
Over time,this extremely low cost, mega proven marketing strategy could easily increase your long term profits by an additional 25% or more. Especially, as you begin to joint venture (power network) with several of the larger local employers and their networks! Can you say mother lode?
Don’t Be Shy About Recognizing Or Ethically Bribing Your Employees Or Associates!
2.) This one always works to some degree. So let’s get it out of the way. Gift cards to local businesses like (but certainly) not limited to Target, Walmart or the local movie theater etc.
Employees love to brag to friends and family about what their company/employer did them, (or their) spouse/significant other for whatever reasons etc.
In the interest of space. You’ll discover the five remaining peak performance enhancers in part two of this series on using powerful “Incentive ideas” for employees.
Sadly Most Profit Seeking Entrepreneurs Rarely Take into Account The Long Term Profit Generating Potential Of Recognizing Their Valued Employeees Or Associates!
And make no mistake about it, these powerful (long) term peak performance enhancement marketing strategies will work no matter what your specific niche.
As always, if you got any value out of this post, please share this on your favorite social media platforms or tweet this. Thanks!
And if you’re currently registered on Linkedin or twitter,and you’re serious about about doing some type of power networking.Let’s get connected asap!
Extremely important note:And if by chance, you happen to know any of the lesser known podcasters,who also target,small business owners,service providers or aspiring startups entrepreneurs etc.
And they’re pro-actively looking for potential guest speakers.Please don’t hesitate to-either- pass their name and contact information directly
to me or vice versa!Thanks!
And be sure you grab your explosive free 22 step small business marketing idea kit series. Be cause it will help you master your effective communication in marketing skills. It’s a $97 dollar value and it’s free!
