
Promotion Overview
PSG was approached by a
manufacturer of specialty window treatment products to develop an incentive
program targeting a high-production segment of their dealer base, with the goal
of growing sales of specific products in their catalog. The incentive needed to
offer simple rules, valuable rewards, and have the flexibility to reward
participants with "prizes" such as marketing materials, in-store displays and
van-wraps.
The Solution
To ensure the
maximum return on the program expense, the sponsor company chose to make points
available for redemption only after a specified promotion end date. This
strategy created an effective long-term incentive campaign that could be
monitored by both the sponsor and participants through a customized website
using PSG's RewardTrax platform.
Each month, sales data is uploaded to
RewardTrax and new participant point balances are calculated, displayed in the
participant's online account, and a blast email announces the update.
Participants may login to the website at any time to view available points and
utilize the "Wish List" tool to store information on merchandise they may wish
to redeem points for later - the Wish List progress monitor graphically displays
their progress towards achievement of the goal, thereby driving participants to
achieve the rewards they choose.
The Result
The incentive program is designed to run indefinitely and
allows participants to carry over points from one promotion period to the next,
giving them the maximum opportunity to earn the rewards they want or redeem the
points incrementally for smaller prizes.
Need ideas on using an online
point based reward program for your employees, dealers or distributors? Contact
a PSG incentive program consultant by clicking here. Alternatively, you can call
us on 866-833-5502.