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Good Business Plans and Corporate Gifts All businesses should structure a gifting blueprint. This is beneficial PR and unequivocally impacts your profits. Regardless, the acquisition of gifts should be taken seriously. Could corporate gifts become the new coporation archetype? Generosity breeding affluence? Fundamentally that was a socialist pipe dream that didn’t become transmuted into hard-boiled business practice. As history has shown so many bureaucracies in the past, indulgence rapidly rose to the surface fleecing the fruits of others giving. With the visitation of the internet and the global village there is more answerability. Tyrants or rogue Chief Executive Officers have had the media focus of public opinion focused towards them. Need we mention ENRON as an example of corporate greed? It seemed they were extremely generous with corporate gifts when it turns out these were direct bribes. The most persuasive gifts, with the surest return on investment (in terms of increased relationships), are those that provide emotional value beyond face value of the gifts. Often, the best gifts not financially demanding, but generate unexpectedly positive emotions that make them very pertinent. Other examples are a ham or turkey for Easter or Christmas, and the universal gold watch on retirement. Food especially instills high feelings for momentous occasions and is always gratefully received. Let family and cultural traditions work for you! It is often difficult buying gifts for men when you do not know them too well. It can say a lot about what you think of them. If you get something that is intellectually based such as a New York best-selling novel, the sports jock will clearly know that you know very little about him. If you get a subscription to Sports Illustrated, the budding classical pianist may also question how well you know them. Often gift certificates are the most diplomatic AND considerate solution to present giving. They are politically correct since the recipient can determine exactly how your dollar is spent and you do not offend anyone's tastes. Long term, it is important to carefully select groomsmen gifts since these are probably the best man's closest buddies and may influence them longer than many marriages. The groomsmen are often the most prominent characters at the AFTER-marriage ceremonies when people let their hair down. If your present has any 'quirks' then it will probably be heard about over the PA system at some time in the late-night proceedings! Sometimes birthday gift ideas do not work out too well if you don't know what passions drive the recipient. Find out their tastes before committing. Perhaps they are heavily into music, so a magazine subscription to Heavy Metal Grunge Monthly may turn out to be considered the coolest present they ever received. If they are Vegans, they may not appreciate an annual subscription to Guns and Ammo magazine. When you give corporate gifts you need to understand the political ramifications. The consequences of getting it wrong can have far-reaching financial effects. |
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