How A Corporate Gift Service Works (And Why You Need One!)
The world of corporate gifting is not just bustling – it's booming! Coresight Research pinned its value at a hefty $242 billion in 2021. And that's not the ceiling; it's just the beginning. Market research giant Gitnux forecasts an uptick with a compound annual growth rate soaring at 13.2%. These figures aren't just impressive; they're a major milestone in the growing significance of corporate gifting in today's business landscape. Corporate gifting is much more than a trend; it's a powerful tool and industry, shaping the way companies and individuals express appreciation and forge real, lasting connections.
As the corporate world becomes increasingly remote, digitized, and disjointed, companies are finding it especially important to reward and recognize their employees. And corporate gifting is a proven strategy for strengthening and cementing relationships – not only with your valued employees but with your clients and potential clients as well.
So what does a corporate gifting company and service actually look like in practice? And how can it help your business thrive? Let’s dive in!
What Is A Corporate Gift Service?
A corporate gift service is one that handles different types of corporate gifting for your business, whether that be employee gifting, client thank-you gifts, holiday gifting, gifts for specific events, or all of the above.
An excellent corporate gifting service will take the burden of finding the perfect gift off your company's shoulders and ensure that your gifts are thoughtful, impressive, and always on-brand. Ideally, you want to find a corporate gifting service that can handle all the details and logistics for you, so that you don’t have to stress about curation, packaging, branding, personalization, or on-time delivery.
For best results, many companies choose to go the custom route with their corporate gifting. That way, they can ensure the gifts they buy are personalized and in line with their company branding. Here at Bestowe, for example, our corporate gifting specialists work one-on-one with our partners to curate customized, tastefully-branded gifts that meet their specific needs and goals.
Statistical Evidence: The Power of Gifting in Business
Corporate gifting isn't just about generosity; it's a strategic move. Statistics reveal that giving gifts makes you three times more likely to secure a meeting and can increase deal sizes by 2.4 times. Sound impressive? It gets better! We’ve had clients report a 21% increase in referrals and a 15% conversion rate from these referrals, showcasing the tangible benefits of a well-executed corporate gifting strategy with the support of an expert gifting partner.
Corporate Gifting in a Digital Age
With remote work and digital interactions becoming the norm, corporate gift boxes have become a key tool in maintaining personal connections. Whether it’s recognizing employees or engaging clients, corporate gifting platforms offer a meaningful way to strengthen these relationships in the most streamlined way possible. It’s all the value of personalized and thoughtful gifting made easy! No more digital gift cards or impersonal virtual greetings — thoughtful corporate gifting takes your connection with clients or colleagues into the real world and creates genuine, offline relationships.
Case Study: Custom Branded Corporate Gift Box: Bell Investors
Bestowe's collaboration with Bell Investors exemplifies our dedication to creating memorable corporate gift experiences. For their 30th Anniversary, Bell Investors desired to gift their clients with unique items that celebrated their Oakland, California roots. We curated a selection of artisanal products from the Bay Area, including a sustainably harvested redwood cutting board, locally produced chocolate with artful wrapping, and a cheese knife.
Our team meticulously customized these gift boxes to reflect Bell Investors' brand elegance and quality. We managed every detail, from design to delivery, ensuring a seamless client experience and timely arrival of gifts.
The outcome was extraordinary, leaving Bell Investors extremely satisfied with the personalized gifts that resonated with their clients. Their feedback was overwhelmingly positive, praising our ability to bring their vision to life and delight their clients with unique, locally sourced items.
Customization: The Heart of Corporate Gifting
Many businesses opt for custom corporate gift boxes to align gifts with their brand identity. At Bestowe, our specialists work closely with clients to curate personalized, branded gifts that meet their specific objectives and exceed expectations. No matter who is on your recipient list, we’ll help you discover the perfect thoughtful gift that aligns with your brand’s (and your recipients!) values, ethics, and style.
Whether you’re looking to give your hardworking employees a morale boost and increase loyalty, or you want to encourage a client in their relationship with your brand, choosing the right gift that speaks to their tastes and preferences will make all the difference!
Choosing the Right Corporate Gifting Platform
When selecting a corporate gifting service, look for experience and specialization in the field. Reviews and testimonials can also provide insights into their success with similar businesses. Additionally, consider their commitment to sustainability, a growing concern for both employees and clients. Finding the best corporate gifting companies doesn't have to be overwhelming!
Gone are the days of cliché gift items. Modern corporate gifts are about sophistication and thoughtfulness. At Bestowe, we prioritize sustainability and support local artisans, ensuring that each gift box is as unique and meaningful as the relationship it’s meant to strengthen.
Your New Corporate Gift Supplier
If you’re ready to surprise and delight your employees and customers with thoughtful, unique gifts, talk with a Bestowe corporate gifting consultant about your options. We’ll help you come up with an inspired gift that brings your brand to life and exceeds your expectations!
“Bestowe made a gifting experience feel as amazing behind the scenes as it did for those receiving it. Catherine truly delivers a delightful end-to-end experience, from taking your idea and bringing it to life within your budget, to the presentation of the shipment and the final unveiling of the gifts. In a corporate world where swag is normal, the unanimous consensus was that this was the most thoughtful and beautiful gift package they have ever received.” - Maria Kim, Google
If you still aren't convinced about sending out corporate gifting that goes beyond the swag gifts and throwaway gifts from yesteryear, contact us and we'll walk you through it.
Whatever your gifting needs, Bestowe's white glove customer service ensures you are in safe hands.