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Why should I consider a Winrewards Recognition
+ Rewards program?
A Winrewards Enterprise Recognition + Rewards program provides
your employees and/or channel with the following:
1. The ability to deliver increased revenues, improved
customer service or other organisational objectives.
2. Recognition from the organisation and peers as the participant's
objectives are met. Participants are motivated as they can
select the form of reward that is attractive to them.
3. Facilitates communication to every participant about
the organisational plan and marketing initiatives for customers
and channels.
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What's the most effective type of incentive
program?
A program that considers the company's business plan and
aligns the individual's and group's objectives. It could have
an employee and channel element with potentially an end-user
incentive which can build a very powerful set of interlocking
programs.
This will provide alignment, focus and mindshare to produce
outcomes desired by the business. If you are considering a
recognition and rewards program Winrewards can certainly provide
flexible and proven solutions.
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How many people can I reward under one
scheme?
You can reward as few as 10 people and up to thousands of
people. There is no real limit on the technology these days.
It is more a case of designing a program that is logical in
its applications and grouping.
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What are the benefits of outsourcing
a Recognition + Rewards program?
By outsourcing the recognition and rewards program you can
remain focused on your core business while Winrewards, or
its partners, take care of all the details. This can reduce
the management time involved in administering the program
to an absolute minimum. The outsource approach means no worrying
about logistics (incentive fulfillment is automatic), no need
to build and maintain multiple supplier relationships, and
the application is fully hosted off-site so there are no IT
issues. All the participants require is internet access and
a browser.
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What management insights do I get with
a Winrewards Recognition + Rewards program?
Substantial management reporting is provided. A standard
Reporting suite includes reports in Performance and Usage,
Rewards Redemption, Program ROI. Additionally we can provide
application specific reports.
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Can we use the Winrewards Recognition
+ Rewards program to change behaviour?
Meeting the measures for the participants should reward the
behaviour desired by the organisation and therefore focus
employees and/or channel partners.
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How can I motivate employee behaviour
to align with our strategic and business plan outcomes?
Ideally your business plan is considered as a key input to
designing a successful recognition and rewards program. The
business plan will have measures of the company's goals which
should be considered and broken down into subsets of goal/targets
for the employees. By aligning employees' objectives with
the business plan, the business can reward employees as they
achieve the company goals. Having an aligned set of objectives
for each employee will induce a behaviour that should help
clearly focus your human capital on what you consider the
important business outcomes.
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How does a Winrewards Recognition + Rewards
program improve communication within my organisation?
The built-in communications portal ensures all company initiatives
can be made available. This can include all external campaigns
so everyone understands exactly what is being communicated
to the channel and end-users.
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With so much competition for mindshare
in my channels how can we increase our share?
With a well designed recognition and rewards program for
your channel partners, you can help focus the channel on your
products and/or services. We can design a program to help
support a product launch in as little time as four weeks.
If you are advertising to the consumer, then the Winrewards
"Recognition + Rewards" program will also communicate
which campaigns are running and provide a reminder of the
key attributes of each campaign. This means less confusion
for the channel partners as the external/client campaigns
will be reinforced through the online program.
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Can we use the Winrewards Recognition
+ Rewards program to reward our channel partners?
A good application of a Winrewards Recognition + Rewards
program is that it can be used very successfully to gain mindshare
in a channel. Channel partners often have many products to
choose from, so those suppliers that take the strategic steps
to have their channel partners in this kind of program will
increase the attention and retention of the channel partner.
Also the program can used to communicate your end user campaigns.
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How will the Winrewards Recognition
+ Rewards program increase sales?
By aligning the objectives and measures for participants
with the strategic and business plan objectives, the participants
are much more likely to focus on delivering the key outcomes
the business has deemed important. Most employees and people
that work in your channel enjoy recognition for achieving
objectives. The Winrewards Recognition + Rewards program provides
this recognition for meeting objectives. It also enables people
to select their own rewards, making it a powerful management
tool. In addition peer pressure plays a part in these kind
of programs, so by having participants on a leader board everyone
sees how each other is performing, which can inspire participants
to do even better.
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Who develops the theme for the program?
We and/or our affiliated partner will work with you to agree
the theme, as you may have some idea of what theme you would
like. We have staff onboard who can translate the brief for
the theme into a front-end set of screens that is totally
branded for your company.
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When should a recognition and rewards
program start?
A recognition and rewards program can commence at any time
and for any duration. However if possible, a program that
starts at the beginning of a financial year and runs for the
period of that financial year is likely to offer the most
benefits. Multiple programs of varying duration can be run
at the same time so there is a high degree of flexibility
available. These additional programs can be used to motivate
channels to support a new product launch.
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What should the length of the program
be?
The program length can be anything from four weeks to an
ongoing program for employees to achieve long term strategic
goals. Often a mixture of both is common. A company may run
a base program to motivate employees plus additional programs
to get the channel focused on a new campaign or product launch.
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What rewards are available?
There are a wide range of rewards available. These can include
travel, sports equipment, electronics, gadgets, traditional-style
plaques etc. When we design the program with you we will suggest
a variety of rewards that will fit with your requirements.
For some client s we have even provided a private island for
the entire staff to enjoy. Through its partners, Winrewards
has relationships with suppliers of potential rewards, so
we find we can provide for almost every participant at an
appropriate budget.
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Who provides the rewards?
Winrewards through its partnerships with fulfillment companies
would usually supply all the rewards. The client may supply
some of their own prizes through the program as well.
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Who distributes the rewards?
Winrewards Recognition + Rewards program automatically organises
the dispatch of each participant's selected incentives and
these will be delivered to the participant's address of choice
that is on file.
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How do we register participants?
You supply a list of participants and we will load them into
the database. Next participants will be sent an email with
short, simple instructions of how to log on etc.
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What happens if someone forgets their
login details?
There is a help function and they will be emailed a copy
of the login details.
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How do we get our sales data to you?
This process can be completely automated to suit the natural
cycles in your business; whether daily, weekly or monthly.
We find that many clients like to sign-off their data we receive,
so in this case we agree on an "exported" set of
records emailed to us in a set format within an excel spread
sheet, access database or delimited text file.
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often are the results updated?
Results can be updated as often as desired. We find most
clients use a weekly or monthly cycle.
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How flexible is the Winrewards program?
Very flexible, however, we need to understand the business
rules that will govern a particular program. Many of our clients
run multiple programs at once to employees and channel partners.
Programs vary in length and measures. We have met every challenge
clients have had so far.
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Can I add extra promotions to the incentive
program once it is up and running?
Additional promotions can be added to the Winrewards Recognition
+ Rewards program after it is up and running. A number of
our clients, having seen the success of the initial program,
have increased the scope and enjoyed further successes.
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Can I change the parameters half-way
through the program?
Parameters can be changed during a program. The best way
is to make sure it is communicated in a positive manner to
participants.
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Can I add new people to the scheme after
it has started?
New people can be added or new groups of people may be added.
Some clients start with people in sales and then add other
groups such as customer service personnel later.
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Can I get the program down to an individual's
measures?
Business rules will be set up appropriately for each group
of participants as they join the program. Business rules can
apply to a group, team or individuals.
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How can I fund the program?
One way is to consider a "stretch target scenario".
In this instance the stretch target would be calculated to
return enough margin to fund the program and still return
increased revenues/bottom-line profits.
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Can I get a fixed cost to run the program
upfront?
Once we understand the brief
we will provide a fixed cost proposal.
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How much will an incentive program cost?
An incentive program has a wide scope of potential costs
so we would encourage you to submit a brief. The budget to
be considered should be in line with the company's current
and desired performance.
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Which organisations has Winrewards provided
Recognition + Rewards programs for to date?
Winrewards has provided a number of programs from small distribution
companies, looking to increase their channel mindshare and
success, to large global businesses, that use the Winrewards
Recognition + Rewards programs, to increase the effectiveness
and focus of their employees and channel partners (See our
case studies).
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