BRIANWOOLF.COM
 
  Welcome     Marketing & Loyalty     Speaking & Connecting     Brian's View     Books by Brian     Marketing Studies     Contact Us  
 
 

Have you seen The Customer Experience Factbook?

In this 180+ page report, you'll find all the information and support you need to build a profitable, effective CX Improvement Program that spans every part of your business. You'll be able to implement and manage meaningful and profitable change, and grow your bottom line despite a slowing economy.

Get it on Amazon (Kindle/Print)
 

Incentive industry increasingly optimistic in 2010

Incentive industry professionals believe they may be 'out of the woods' as far as the economy's negative impact on programme planning goes, but most still acknowledge that this doesn't necessarily mean incentive budget increases, according to a survey by the Incentive Research Foundation (IRF).

The foundation's Spring 2010 Pulse Survey noted a growing optimism when it asked incentive industry professionals about incentive travel programmes, merchandise and non-cash programmes, as well as ROI and budget considerations.

Most promisingly, respondents appeared to be more optimistic about the current economic climate than they were in either the summer or autumn of 2009.

When asked what impact the economy will have on their ability to plan and implement incentive travel programmes, 69% of respondents said it will have a "positive" impact, compared to 33% in autumn 2009, and only 24% in summer 2009.

And, when asked about merchandise and non-cash incentive programmes, 41% felt that the economy will have a positive impact, compared to only 26% in autumn 2009 and 20% in summer 2009.

While clearly feeling better about the economy, one-third of those surveyed did predict that budgets for incentive travel would decrease in 2010, while 37% said they will remain unchanged.

Things were a little more hopeful on the merchandise and non-cash incentives side where only 22% expected a decline in 2010 and 40% predicted an increase, with 37% saying they would see no change in their budget.

But, the foundation warned, although the survey revealed an increase in optimism about the economy in general, this may not translate into more money for programmes just yet.


Sources: Incentive Research Foundation IRF /
The Marketing Factbook.
Copyright © 2010 - 2025 The Marketing Factbook.

    Categorised as:

  • Customer Loyalty
  • Marketing Know-How

Have you seen The Customer Experience Factbook?

In this 180+ page report, you'll find all the information and support you need to build a profitable, effective CX Improvement Program that spans every part of your business.

You'll be able to implement and manage meaningful and profitable change, and grow your bottom line despite a slowing economy. Grab this goldmine of easily adaptable and up-to-date strategies, walk-throughs, trends, technologies, research, suppliers and partners, plus all the supporting arguments you need to build a solid CX strategy.

While most marketers could list maybe a dozen key points for improving their brand's Customer Experience (CX), the researchers and writers at The Marketing Factbook have identified FORTY main 'CX Keys' which will help you drive your customers to new levels of delight, loyalty, advocacy and profitability.

The areas in which customers have direct contact with your organization are perhaps the most obvious places in which CX improvements can be made, and this report addresses all 24 of these 'Direct CX Keys', applicable to offline and online businesses alike.

At the same time there are many other areas that indirectly affect CX (such as the supply chain, policies and processes) in which every business can make simple but far-reaching improvements. This report guides you through the problems and solutions for all 16 of these 'Indirect CX Keys', many of which are often forgotten or under-played even in the best CX strategies.

Get it on Amazon (Kindle/Print)
 
Copyright © 2001-2025 Peter J. Clark