Staff, Customer and Channel Partner Incentives

Capitalising on major events through Incentive travel programs is a highly engaging way to encourage employees, customers or partners to boost sales and drive targets or engage with your brand.

In a recent survey held in 2018, the Incentive Travel Industry Index powered by SITE Index, IRF Outlook and FICP provided unprecedented, consolidated insights into the current state of incentive travel and where it is headed. The survey had With over 1,000 respondents from 80 countries. Key findings include:

• Over half (54 percent) of buyers report an increase in budgets year over year with the median per-person spend remaining stable at USD$4,000. Corporate users report a higher median spend (USD$4,550) versus incentive agencies (USD$3,500).
• Sixty-five percent of buyers are increasing the number of incentive program qualifiers, fueled by company growth and optimism in the economy.
• Sales and profitability remain the top reasons to run an incentive program, but more importance is being given to building relationships between management and employees, increasing productivity and employee engagement.
• Almost 70 percent of buyers say their programs are effective at achieving business objectives. However, only a quarter always measure ROI/ROO.

We’ve researched key public events around Australia occurring in the second half of 2019 and listed them below.  Take a look and see if there are any major events that have synergy with your brand and we can work with you to devise an incentive program for your high achievers..

STUDY: Society for Incentive Travel Excellence (SITE), Incentive Research Foundation (IRF), and Financial and Insurance Conference Professionals (FICP) released of the first joint study of the global incentive travel industry. Incentive Travel Industry Index powered by SITE Index, IRF Outlook and FICP