Large firms feature redundant processing power to catch errors and to cheaply and efficiently process incentives, including SPIFFS, sales incentives for customers, rebates and jobber offers.
Large firms take on a lot of clients. They pre-set their program parameters because they don’t have time to customize based on specific needs of individual clients. This “one size fits all” approach means that custom information is typically not worthwhile for large firms.
Boutique firms are well-equipped for customization. Because they are selective about which companies they choose to work with, they have far more flexibility than large firms. Because they don’t use pre-determined templates, they have the ability to create custom fields based on the specific needs of each client.
Boutique processing firms are typically more expensive than large firms. Because they don’t have the high volume of clients, their pricing tends to not be as competitive. Plus, they don’t have the redundant processing needed to maintain accuracy.
Incentive Insights combines the cost effectiveness and efficiency of large firms with the flexibility of boutique firms, providing an experience that is both unique and affordable.
Our team collaborates with you on every project to help your team meet the goals you have in place. We even go a step further, often achieving goals that you didn’t consider possible from rebate and incentive programs.
Incentive Insights is reinventing how rebates are used. With customizable incentive programs and sales incentives for customers, we are able to drive long term sales and connect manufacturers directly with end users. Increasingly, social media connections, email marketing campaigns, and detailed consumer demographic and psychographic information are valuable assets.
Click below to learn more about how Incentive insights can provide actionable data to increase your sales results.
Our client wanted to reach out directly to consumers who were not in their supply chain and bring them in as customers, while reinforcing existing sales channels for their products. This approach required a strong email marketing list and social media connections as part of the core strategy.
We developed a rebate program that actively collected and tested email addresses to ensure validity and usability. By delivering rebates to only active email addresses, we were able to increase the open rates significantly.
The client’s initial campaign featured an 87% open rate for the email addresses that we provided.
Marketing campaign after marketing campaign for our client seemed to fall flat. We devised a custom rebate program that helped us better identify the consumers who were actually buying their product.
The actual buyers weren’t the audience that the client’s marketing department were targeting! We made some adjustments to the marketing strategy, better targeting the client’s active audience.
As a result, the client’s sales increased by 23% in the next quarter.
Our client had a product that was far superior to their competitors that wasn’t selling. Sales only increased when the product was significantly discounted so the client turned to us seeking new strategies.
The issue was with the end retailers, so we developed an approach to train sales people to explain the superiority of our client’s product to their customers.
We also created a reward program to incentivize the sales staff by rewarding them with company swag and an increased sales bonus (SPIFF). A rebate was also offered that was slowly phased out as the sales staff learned how to up-sell the product.
Our client’s net profits increased by 39% in the next quarter, without offering steeply discounted products.
Incentive Insights rebates are created with you and for you by our team of experts.
We have years of experience setting up successful rebate campaigns to meet many different corporate goals. Your success is our success.
Our responsive U.S. based customer service specialists provide extensive expertise in incentives and data collection.
Our reporting and analytics are expertly prepared and presented with an emphasis on actionable intelligence. The results of our reports and analytics can be immediately applied to marketing strategies without any guesswork.
Incentive Insights processes meet the highest standards of data validation and fraud management, preventing possible abuses. Our capacities in enhanced data reporting and analytics often catch abuses that traditional rebate firms can miss.