![]() |
||
|
To subscribe to this free e-bulletin, visit www.incentivecentral.org (click on “Subscribe Today”). To submit people performance story ideas, please e-mail Karen Nienhauser at knienhauser@sellingcommunications.com. New Web Service
Enhances Attendee Experience at 2007 Motivation Show The service includes a personalized event planner which buyers can access via their laptops – it keeps a list of companies, products, seminars, people, and other resources that are of immediate value to the Show registrant. It also allows registrants to connect online with the people in the Show community who might have answers to their specific questions – both before and after the Show. For information on the Show and on MotivationConnect, go to www.motivationshow.com. End-Users Offer Incentive Program
Sales Tips
For information on the Incentive Marketing Association or on next year's IMA Executive Summit – "Unlock the Vault", July 27-30, 2008, at the Fairmont Copley Plaza, Boston – visit the IMA website at www.incentivemarketing.org. "Executive Leadership
Series" Tops Show's Educational Slate This year's faculty of distinguished practitioners, academics, and thought leaders share best practices from companies like DHL, Avis-Budget, Gap, Park Nicollet Health Services, John Deere, Eileen Fisher, and more. Seminar learning tracks include: Employee Engagement and Recognition, Motivating Sales and Channel Partners, Consumer Marketing, and Meeting & Incentive Travel Strategies. In addition, the Show offers two special half-day workshops on incentive program design: Principles of Results-Based Incentive Program Design (including the IMA Circle of Excellence luncheon) and the Incentive Travel Workshop (which includes the IMA and RPI keynote luncheon by Chester Elton on "The Carrot Principle"). Full conference registration includes up to seven individual 90-minute seminars over the three days of the Conference, plus seminar materials, and morning and afternoon refreshments, for $195. Individual 90-minute seminars, which include seminar materials, and morning and afternoon refreshments, are $75 each. The individual half-day workshops, which include a luncheon program, seminar materials, and morning and afternoon refreshments, are $150 each. For more information, go to www.motivationshow.com. Your Promotional Products
Marketing Skills Need Boosting PPAI will be sponsoring another educational opportunity through its Promotional Consultant Academy and Learning Lab on September 25-27, concurrent with The Motivation Show. This Academy is for promotional consultants who want to boost their skills and abilities in designing/selling integrated programs to clients. It blends elements of gift, incentive, and motivation programs with the strategic use of promotional products for providing one-stop solutions for a wide spectrum of client needs. For more information, visit www.ppa.org, or contact the Promotional Products Association International at 888-I-AM-PPAI (426-7724). Countering Myths About
Coupon Redemption For instance, many marketers believe that short-term redemption rates for coupons will drive immediate sales. But ICOM argues that consumers need more time, and that short expirations cut redemptions more than any increase in value can make up. Another generally accepted myth is that a sample is necessary to drive higher redemption rates, but ICOM believes that other factors like expiration, value, current vs. competitive user, frequent vs. infrequent coupon user, and others are more likely than samples to drive redemption. ICOM's assertions are based on a 20-year database built in the course of designing 6,300 targeted direct mail programs. For a list of ICOM's "Top Ten Myths About Coupon Redemption," click here. Need to Brush Up Your
Promotion Marketing Basics? PMA will also be offering its 29th Promotion Marketing Law Conference, November 15-16, 2007 at the Downtown Marriott in Chicago. This year's theme is "Who's In Control Now? Navigating Tumultuous Changes in Today's Marketing." The conference will offer an in-depth explanation of the things you need to know to comply with the fast changing world of promotion laws, regulations, and government enforcement policies. Lynn Parnes, director of the Bureau of Consumer Protection of the Federal Trade Commission will be the keynote speaker. For further information or to register, please call the PMA at (212) 420-1100, or go to www.pmalink.org. How to Ensure That Incentive
Programs Are SOX-Secure As a result, many companies are looking for more precise and accurate tracking and justification of all of their marketing efforts, including incentive programs, in order to provide a better rationale for business development and any expenditures related to compensation, rewards or recognition. If a current incentive plan is not well defined and awards are distributed without tracking, these programs could face elimination or other repercussions arising from internal or external audits. A White Paper offered by the Performance Improvement Council of the Incentive Marketing Association advises that to ensure that their programs are SOX-secure, companies should:
To view a copy of the White Paper on whether and how Sarbanes-Oxley applies to your company, click here. RPI Urges Certification for Recognition
Professionals The CRP program sets the standard for assessment of an individual's abilities and provides a means for recognition professionals to acquire the skills and knowledge required to succeed professionally in the field. The program fosters self-development by offering guidelines and enabling individuals to identify and award special recognition to persons who have demonstrated a comprehensive knowledge of the principles and practices of employee recognition. RPI performance standards include criteria for effective recognition strategy and programs with real business results. September 25, 2007, will provide an opportunity, when recognition professionals from around the globe will meet and network at McCormick Place in Chicago. RPI will hold its Excellence in Recognition Fall Summit in conjunction with The Motivation Show. The Summit will include the presentation of the 2007 Recognition Best Practice Awards, and attendees will have a great chance to learn about these best practice organizations and apply those creations into their own recognition practices. RPI will also be offering four facilitator-led Certified Recognition Professional (CRP) courses over the course of the Show. For more information, visit www.recognition.org. |
||