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While MDC Groups opening of
this opportunity to a select few, is relatively new; the vacation incentive
business, is not new. Our associates have a 10year track record of success
with such companies as: State Farm, Procter and Gamble, Bank of America,
NAPA, J.C. Penny, Eckerd, and others including many mid-sized and small
business clients as well. Businesses Use Our Vacations To:
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Motivate
Consumers To Purchase |
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Encourage
Brokers/Dealers To Increase Volume |
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Meet New Sales
Quotas |
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Improve Employee
Performance |
Here are some
examples of how vacation promotions help clients increase sales and bottom
line profits!
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A small town auto
dealer runs a sixty day Getaway Incentives promotion. The
vacation awards are used to build traffic (test drive a new or used car or
truck and register to win a vacation), close sales (buy any new or used
car or truck, get a 3day 2night family vacation) and sell add-ons (buy the
extended warrantee and get an additional nights stay with your vacation).
The dealer advertised the promotion with its typical radio, news paper,
and direct mail. IN addition the dealer purchased marketing material from
the IPC to decorate the showroom and lot such as banners, posters,
balloons, and buttons. The result? Im glad you asked. Sales increased
by 29% for new cars; 34% for used cars and trucks, and 100%
for new trucks!!! |
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A local bank with
24 branch locations runs a home equity line of credit promotion aimed at
two target audiences. The first is current bank customers with between
$3k-10k monthly checking balances without a current lending relationship
with the promoting bank. The second is getting non-bank customers 30-55
years old; a household income of 70k or more and have owned their home for
5 years or more. The goal was to bring in 350 new loans at $20,000 each
for a total of $7million in loan draws. There were two 60 day promotion
periods; June-July and September-October, those who qualified received a
3day/2night family vacation award. The communication strategy was
newspaper advertisements, branch point of purchase materials (banners,
poster, etc.), and direct mail to both bank customers and targeted
non-customers and in branch phone messaging. The results were as follows:
277 New Loans
$12,875,674 in New Loan commitments (184% of goal)
$9,656,724 in total Loan Draws (138% of goal) |
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A plumbing supply
wholesaler runs a 90 day loyalty program promotion to motivate targeted
dealers and contractors to purchase more of their plumbing products from
their company as opposed to the competition. The qualifier to earn the
4day/3night family vacation awards was to increase purchases by 20% from
the previous quarter. Each sales person targeted 10-15 accounts and a
combination of direct mail and sales calls to update the customer of
progress toward their goal were used to implement the promotion. The
resulting sales increase was $996,962 which represented a 79% increase
over the previous quarter from these same accounts. |
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A direct sales
company typically awards its top sales reps with a luxury group trip to a
different destination every year to destinations such as Hawaii, Puerto
Rico and Rome. Because of the high cost of such awards the typical
program would award only the tip 10% of the sales force. This year the
company decided to set up a travel award program for the middle level of
sales force. The company ran a summer sales promotion aimed to spur sales
during a typically slower sales period. While budgeted for 150 award
winners, over 200 of the sales people qualified! |
You might be thinking what kind of businesses use
vacations in their customer promotions or employee awards? There are tons
of businesses you drive by daily:
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Car, boat, mobile
home dealers offer promotions to customers-buy
this product this week get a family vacation
worth as much as $1,000.00. |
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Banks, credit
unions, and mortgage brokers offer vacations as
an incentive to take out a new loan or refinance
an existing loan. |
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Manufacturers or
wholesalers offer an incentive to their
customers to do X amount of additional
business this quarter- get a vacation. |
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Any business may offer them as
employee incentives or bonuses. The list
is endless! |
Your clients wins with a high value, low cost incentive or award product.
They literally are buying $5-700 worth of value for every $200 they spend.
You win with the immediate profit and residual income a product like this
brings.
Lets take a look at these vacation products.
Each vacation certificate includes a choice of destinations. Our award
products offer a variety of destinations both in the United States and
around the world. We offer two main levels of travel awards:
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Hotel Accommodations Only |
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Hotel & Amenities |
Your customers
will see how the high perceived value and your low cost can leverage their
promotional dollars. That is what customers look for in this economy:
VALUE!
For a complete list of vacation products go to
www.getawayincentives.com.
Our Getaway Incentives website was built so that our IPCs would have a website that
showcased every detail of every vacation.
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