The importance of channel partners is undeniably high in the success of a business. To increase the channel partner’s productivity, reward programs are commenced. The channel partner rewards program needs to leave a major impression and should be in line with the channel partner’s requirement of enhancing his own business. Different channel partners need different reward programs. One size fit all doesn’t work here.
How Customized Channel Partner Rewards are different from yearly rewards?
To get the maximum benefits from the reward programs, organizations need a realization that all the channel partners are different. A company must offer customized rewards according to the channel partner’s business needs to augment their productivity and loyalty. With the increased pace and complexity, traditional ways of rewarding channel partners annually based on their performance with the pre-decided awards don’t work anymore. This traditional approach shows the lack of assessment on value sharing discouraging the high-performance channel partners to perform better. Customized channel partner reward program offers aspirational value, cash value, relevance, choice of rewards, and convenience.
How Zaggle Propel helps customize Channel Partner Rewards?
Channel partner reward program is the easiest way to engage and motivate the channel partner, provided it is customized to put you in the minds and hearts of channel partners. Zaggle Propel offers customized rewards programs for the channel partners.
1. Global redemption catalog: Repetitive and uninteresting rewards can be a limiting factor with no major motivation for channel partners to perform. Zaggle Propel provides a global redemption catalog with gifts that can boost the overall experience of channel partners.
2. Personalized gifting solution: Nothing motivates more than a reward addressed specifically to you. With Zaggle Propel, gift channel partners with the personalized gifts and services from the bespoke catalog to celebrate their performance milestones, and other occasions.
3. Metric-based configurator: With multiple looped conditions, organizations find it difficult to compute the incentives for the channel partners. Zaggle Propel helps you in designing and implementing diverse reward programs by defining KPIs and customizable conditions for each channel partner.
Offering incentives don’t have to be hard
Incentivizing channel partners is a viable way to scale up the business. Stay on the top of mind of your channel partners by gaining a competitive edge over the competition by effective and customized rewards program. Zaggle Propel helps you in thinking out of the box to motivate your channel partners. To know more about the Zaggle Propel, visit Rewards and Recognition for Employees | Channel Partner Incentives and scale up your business with motivated and happily rewarded channel partners.