
Digitek.net.in (best known for Latest electronic gadgets and corporate gifts for employees) : Every year, many organizations spend lakhs of rupees on
buying corporate gifts for employees. The budget of bigger organizations is
even more, running into several crores. Though corporate gifting costs a lot,
organization still undertake such initiatives as it is very helpful in boosting
employee morale. However, that does not mean that organizations should not try
to keep costs in check. Here are some useful tips that can help organizations
reduce costs associated with buying corporate gifts for employees.]
Choose affordable,
yet useful products: Corporate gifts for employees need not be expensive
items. This is especially true for organizations with 100 or more employees.
The focus should be on selecting things of daily use that employees or their
family members might find useful. Things like power banks, mobile chargers,
Bluetooth earphones, rechargeable batteries with charger, cables &
connectors, USB card reader, etc. are quite useful and affordable as well.
Buy generic items instead
of branded products: It is common knowledge that branded products are
costlier than generic items. So, buying generic items can help you save money.
Just make sure that you are buying from a reputed original equipment
manufacturer (OEM) to avoid issues related to sub-standard quality. Once you
receive the generic items, you can make them more presentable by adding your
company’s name and logo.
Get quotes from
multiple suppliers: To get the best price, you can request quotes from
multiple entities. For example, if you need 100 Bluetooth speakers, make sure
to contact at least 4-5 corporate gift suppliers. Some suppliers may be
functional in your own city, but you can get quotes from national and
international suppliers as well. Logistics has improved significantly and you
can hire any corporate gift supplier that offers the best quality products at
reasonable rates.
Negotiate rates:
Always make it a point to negotiate before finalizing a deal. Explain to the vendor
that your company is willing to provide repeat business, provided that the gift
items are of good quality and affordable. Suppliers will usually be willing to
reduce rates if they can be assured of repeat orders every year.
Organizations need to choose a credible corporate gift
supplier, one that is willing to engage in long-term business relations and
offer the best rates on the gift items. The supplier should also be able to
procure any of the latest electronic gadgets, as per the requirement of the
organization. Electronic gadgets are preferred by employees and they make for
the perfect corporate gift ideas.
How To Reduce Cost Of Corporate Gifting Initiatives
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