Joyous seasons are a quite common occasions in our multi cultured country. Whether it’s Corporate gifts for New Years, Holi, Diwali or Christmas everything is definitely presented with much enthusiasm. Along with the fun siesta come a lot of obligations. Gifts hold a pivotal position throughout such events.
Gifting has emerged as a fad, not only for national purposes but also at corporate associations. Corporate gifting is one such pattern that seems to be at a skyrocketing high these days. With a boom in this sector, gifting utility items at affordable prices seems to be the key goal.
A smart amalgamation associated with aesthetic and utility items offers emerged in order to strengthen a company’s relationship with its clients and employees without spending a fortune. The trend has witnessed an upsurge in the last few years plus according to industry insiders.
Consumers these days are opting for assorted items with easy prices. They are looking for products that are exclusive and premium quality. Corporate companies are shying away from gifting conventional items such as diaries and little electric appliances as earlier in order to contemporary as well as niche pieces. This particular trend has been picked up by the non corporate consumers as well.
Utensils and kitchen appliances have taken a backseat whilst, modern art, gift hampers, natural leather storage items and other such items seem to be in demand. Along with the shift within gifting trends, e- commerce has also picked up pace and is on a regular rise. In the Indian market, nowadays maximum corporate gifting takes place through this medium. With the prospect associated with growing demand during the season, life-style luxury companies, silverware manufacturers and importers of glassware and porcelain are going all out to woo the corporates.
Intriguingly, people in the business declare of the Rs 1, 000 crore blown up on corporate gifts, the pharmaceutical industry contributes nearly Rs 600 crore (Rs 6 billion). Among the other big spenders are the IT and FMCG companies.
Fashionable is no longer confined to the company’s partners and associates. It has also become a way to motivate employees. Easy availability of durable products at competitive costs has also added luster to this period.
Corporate gifts are now customary as well as expected. Corporate gifts should convey appreciation and be tangible tokens of gratitude with a lasting shelf existence. Companies must ensure the gifts these are giving send the right message and therefore are valued by their recipients. There are certain procedure for ensure an effective gifting season. Keeping on trend is a major offer. If you are trending, you are saleable. Customization has become a key feature these days. Every single corporate wishes to add brand value to its gifts by designing and adding a personal touch to it. Also corporate gift baskets are very a trend these days. Assorted gifts are always desirable.
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A focus on the customer is necessary as working as per your own clients needs you gain more trustworthiness. Making a statement is important.
Corporate gifts should emphasize the values of the company and signify appropriate feelings of appreciation towards the recipient. The memorable presentation is as important because the gift itself.