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Benefit & Partner Negotiation

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Benefit & Partner Negotiation

Rewardsco does not offer an off-the-shelf solution for new or start-up loyalty programmes. The market has moved on from having a one size fits all benefit strategy. Your customers are no longer interested in a laundry list partner  or benefit offering. Rewardsco provide a tailored partner / benefit set to suit your brand and your specific strategy needs.

Although we have established an affiliate network of suppliers to provide a comprehensive suite of product and leisure rewards, as part of our service to you, we identify the most suitable partners in the market and negotiate specific and meaningful benefits for your loyalty programme.

Rewardsco manage all partner negotiations and contracts, including pricing, service levels and processes.

We currently work with partners in all major sectors including: retail; automotive; home décor and DIY; restaurants and pubs; travel; telecommunications; and publishing. We manage a comprehensive database of 2,500 rewards which includes everything from hot-air ballooning to kitchen appliances, to flights and exciting travel packages.

We keep our product range fresh with benchmarking of all rewards throughout the year, and sourcing new suppliers/products where needed. In so doing, we keep up with market trends and the needs of our customer bases.

 

faqs_hr

Q:  How should I set my goals for my incentive programme?

A: To pin down your goals, gather a few colleagues for a mini-brainstorm session. Select participants who can bring a fresh perspective and know of current conditions in the marketplace, or target audience, of which you are not aware.  read more...



Q: What should my strategy be?

A: First outline the participants who are involved in your product or service and list their functions and take note where each falls in the distribution channel. Assess how much you can realistically expect from them based on their level of involvement and other factors, such as state boundaries and legal restrictions on distributorships.  read more...


Q: How much should I spend?

A: There are some reliable indicators to follow when budgeting for your incentive program. The first is whether your programme is open-ended or closed-ended. Open-ended incentive programs tend to generate higher return on investment (ROI).  read more...


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For more information, please contact:
SA:
info@rewardsco.com
UK: info@rewardsco.co.uk

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