What is Corporate Gifting and Why is it Important? (2024)

Examples of Corporate Gifting

For Employees

Corporate gifting for employees shouldn’t be a last minute scramble, but rather an integral part of your employee care and well-being plan. High-quality and personalized gifts can have a positive impact on an employee’s job satisfaction and motivation levels. Try implementing an employee recognition program where top performers are rewarded throughout the year.

For Sales Prospects

Corporate gift-giving for sales prospects is a great way to raise brand awareness amongst potential clientele who may not be very familiar with your brand or company. A prospect may be choosing between multiple companies to do business with and the right gift received at the right time may be just what’s needed to motivate them.

Why corporate gifting is important for sales prospects: Corporate gifting to sales prospects shows that you value their potential business enough to send a thoughtful business gift and immediately creates a tangible connection point between the prospect and your company.

For Existing Clients

Gifting to existing clients, even small appreciation gifts, shows clients that their business is highly valued and increases the likelihood of clients’ continued business. Clients who feel an emotional or personal connection with a company or brand tend to invest more and can even become brand evangelists who extend referrals to their family and friends.

Why corporate gifting is important for existing clients: Corporate gifting to existing clients helps re-engage and strengthen business relationships resulting in increased brand loyalty and client longevity.

For Conferences & Events

Whether you’re hosting an internal conference or attending an external larger event, corporate gifting is a great way to engage with either your employees or event attendees. Arm your employees with everything they need to attend a work conference including branded pens, notebooks, and laptop backpacks. Long after the conference, they’ll carry with them a tangible piece of the experience. Or at a larger industry event, corporate gifts are a great mechanism to help your brand stand out amongst all others.

Why corporate gifting is important for conferences & events: Corporate gifting for external conferences & events elevates your brand’s positioning and awareness while gifting at internal conferences & events helps create a united and memorable experience for your employees.

For Holidays & Celebrations

The most traditional time to think about corporate gifting is, of course, the holiday season and that’s for good reason. The holidays are a special time to connect with employees and clients through holiday gift giving. Don’t forget to celebrate employee milestones or client successes throughout the year as well!

Why corporate gifting is important for holidays and celebrations: Corporate gifting for the holidays or celebrations is an important way to show employees and clients alike that they are top-of-mind during these special moments and want to share in their successes and happy times.

Benefits of Corporate Gifting

1) Strengthens existing relationships

The greatest benefit of corporate gifting is that it helps strengthen relationships both internally and externally. Business gifting makes employees and clients feel valued and that their relationship with the company is not only a priority but critical to the company’s success.

2) Nurtures new relationships

Corporate gifting helps to establish and nurture new business relationships with prospective clients. A cold call just doesn’t cut it anymore. Clients, especially new or prospective ones, expect personalized experiences from brands. Corporate gifting helps satiate that expectation and functions as a foundation for a flourishing business relationship.

3) Builds brand awareness & loyalty

With so many brands and companies fighting for consumer attention, it’s easy to get lost in the shuffle. Corporate gifting helps your brand stand out and raises company brand awareness. It also fosters a sense of loyalty resulting in longer client relationships and long-term employee engagements.

4) Increases productivity & retention

If an employee is being recognized and rewarded for their contributions, they’re much more likely to avoid employee burnout and look elsewhere for employment, resulting in higher levels of employee retention. Swag gifts and rewards have also been found to increase productivity as well!

5) Bolsters happiness

Last, but certainly not least, corporate gifting makes clients and employees happy. While this may seem like an oversimplification or obvious benefit, the happiness levels of employees & clients are extremely important to overall company success and the bottom line. Happy employees work harder, stay at companies longer, and have high job satisfaction. Happy clients result in increased revenue and long-term growth potential.

Types of Corporate Gifts

➢ Swag

Swag is one of the most popular types of corporate gifts both for employees and clients or prospects alike. Whether it’s branded water bottles, notebooks, or shirts, swag is a great way to surprise & delight the gift recipient. Try stepping up your swag game a bit and think creatively about the best high-quality swag item for your brand.

➢ Gift Boxes

Corporate gift boxes are not only fun to open, but they’re a fantastic way to make a personal connection with the gift recipient. With the rise in remote work, we’ve seen a concurrent rise in corporate gifting companies that specialize in creating custom gift boxes for both employees and clients. For example, if your team is a bit stressed or morale is dipping, a thoughtful mediation gift box may be just what they need!

A Caroo Snack Box in the wild!

➢ Gift Baskets

From sweet treats to savory snacks and everything in between, there are so many great gift basket options in the gifting market! Gift baskets are a great way to both fuel your employees and show that you care about their overall well-being. They also are a great way to either start a relationship with sales prospects or function as a meaningful touchpoint with existing clients.

➢ Giveaway small items

Gifts don’t always have to be elaborate– small items can also go a long way in creating a cheerful moment. It can be as simple as ending a meeting by raffling off a $10 gift card or sending a bottle of wine to the top performer or client that month.