
The real ROI of incentivising your channel partners

The connection between technology, employee engagement and ROI

Need easy year-end staff rewards with high appeal? Think vouchers.

For your audience to pay attention to your program, you need to give people good reason to participate. Your messages need to be informative, motivating and delivered in a way that cuts through the noise of the day, to really resonate with your audience.
One of the big reasons why channel incentive programs fail is a lack of communication. It’s just that simple.
Fortunately, it’s also pretty simple to get it right.
The flow of program information and chatter needs to start well before you launch. How will anyone know what’s coming and how to participate if you don’t tell them? They need to know the criteria to succeed and the resources available to them to do so.
Ongoing communications should encourage the behaviour you’re looking for; in this case, increased sales performance, and highlight the rewards people stand to earn from participating.
To get participants engaged and really working towards earning, they have to see the reward, want it, know how to get it and think about it all the time. That’s the job of hard-working communications.
This is one area where you don’t want to skimp on budget.
According to Paula Godar, CPIM Maritz, Inc., in a research paper titled, The Importance of Communications in Performance Improvement Programs, incentive program communications are effective because they tap into emotions.
“The right hemisphere of the brain processes all creativity, humour, non-verbal ideas and emotional expression. Art, music, creative copy, photographs and video stir the emotions – and emotions are a strong force in driving behaviour.”
More specifically, good communication works to:
It’s emotions that drive program participation and success.
Consider these basics to get started on an effective communication plan.
Effective communications are often the most overlooked aspect of channel incentive program planning. Yet, communication drives the engagement that’s critical to success.
With so many channels available, you can easily deliver precisely timed and personally targeted messages to fully engage your participants and drive program success.