Benefits of Having a Rewards Program in Your Organization - eGiftAfrica.com

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If you have ever used frequent flyer miles, checked the reward points on your credit card, or become the mayor of your favorite restaurant on FourSquare, you’ve participated in a reward program. Still considered in the experimental phase, reward systems are expected to change the way we live and shop.

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According to a report at Huffington Post, business models that utilize reward points are expected to be used by 70% of the world’s 2000 largest companies in some form by 2014 and generate $2.8 billion in consumer spending by 2016.

Below are a few reasons why you might want to consider bringing a reward system to your organization.

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External Benefits1.Reward Programs will Expand Your Marketing Abilities2.Expect Increased Customer EngagementInternal Benefits1.Efficiently Train and Educate Employees2.Increase Productivity and Create Leaders3.Improved Corporate Culture

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