When you hear the term “gifting on a budget” do you experience a sense of uneasiness? Uncertainty? If your answer is yes, you are most definitely not alone. Many people still consider the word “budget” to be somewhat taboo. Throw in the pressure of corporate gifting, and you may feel like it’s an almost impossible task. However, as experts in budget gifting, we are happy to confirm that budgeting is the new splurging! And, when it comes to buying corporate gifts, you can certainly make the most out of any budget you may have.
To stop you from falling into the trap of sending overpriced corporate gifts, we’re here to discuss why corporate gifts don’t have to be expensive. There is no shame in budgeting around corporate gifts. In fact, it’s the smartest way to ensure that your business can send gifts year-round! So, read below to learn more about corporate gifting on a budget.
3 Reasons Why Modern-Day Businesses Are No Longer Investing in Expensive Gifts
As we said, overspending is out, budgeting is in. Here are 3 simple reasons why:
- A few years ago, companies used to send expensive gifts to their employees, business partners, and clients and just wrote them off as tax refundable. Today, however, the taxman will often want his share if the gift is of high value. So, just from an economical perspective, sending expensive corporate gifts may lead to extra costs for your recipients, which could sour the gifting experience overall.
- Some companies limit or even disallow the acceptance of gifts. So, before sending gifts to another company, it is important to familiarize yourself with their gifting policy. This includes the kind of gifts you may send and whether or not there is a gift price limit.
- If you work with international clients or business partners, there will most likely be different rules and regulations surrounding corporate gifting. Overly expensive gifts may come off as bribery in some countries. Therefore, offering a modest but high-quality corporate gift is usually the best option.
To learn more about ethical corporate gifting, read this blog!
Why Corporate Gifting on a Budget Works For All Your Stakeholders
It makes sense to want to spend more on the client who’s been with you for years than on the employee you only hired last month. However, the truth is, you don’t have to break the bank for either! Below, we explain how and why affordable corporate gifts can impress anyone on your list:
When you send gifts to employees, your main goal should be to make them feel appreciated and recognized for their contributions to the company. Research shows that businesses with happy employees outperform their competitors by 20%. Plus, offering gifts to your employees is one of the most cost-effective retention strategies for any business of any size. For example: when you use our bulk order form to order gifts for your whole team, you can get a corporate discount! And that’s just one way Ace of Hearts helps you spoil your employees on a budget.
The gifts you send your clients should be memorable – but that doesn’t mean they have to be expensive. You want to send them an item that keeps your business at the forefront of their minds. However, you also want to show them you genuinely care about their needs. Gifting on a budget leaves much room for creativity! And, whether they are a loyal customer or a prospect you wish to have on your side, an affordable yet meaningful gift will often help you deepen the connection more than a flashy gift can.
Your Business Partners
Earning your business partners’ trust is vital to having a healthy professional relationship with them. And, by sending gifts, you distinguish your business as the preferred partner. While you may think this requires a showstopper gift, it’s not always the case. There are budget-friendly ways to impress even your most discerning business partners and prospects. In fact, it’s exactly what we discuss below!
Affordable Corporate Gifts That Look Expensive:
As we mentioned at the beginning of this article, the word “budget” doesn’t necessarily roll off the tongue. But, we believe this is only because it is still associated with low-quality and unappealing purchases. However, gifting on a budget doesn’t mean compromising quality or even aesthetics. And, as a gifting platform that thrives on giving you the best quality for the most affordable price, we can certainly tell you a thing or two about budget corporate gifts that look (and are) nothing short of luxury:
A Charcuterie Board
No matter who you want to impress, gourmet gifts have the power to win anyone over. Delicious, affordable, and featured on Oprah’s List of Favorite Things, a charcuterie board is the perfect budget gift to send to your clients, employees, and business partners. Send yours today when you browse our wide range of cheese gifts.
Wine, the Ever Faithful
Sophisticated, aesthetically pleasing, and, of course, affordable — wine should have been the first suggestion on this list. This is an excellent corporate gift for the wine enthusiast in the office or a business partner you want to deepen your relationship with.
Luxury Spa Gift Hampers
Nothing says “luxury” like great-smelling bath and body products presented in a beautiful hamper. A self-care day may be exactly what they need right now. What makes this a budget-friendly gift is that you have the option to build your own basket! But, if you prefer, we have a lovely range of spa gift hampers to suit any budget.
Tea and Coffee Gifts
Perfect for spoiling the whole office on a budget or sending a modest yet elegant gift to your business partners and clients — tea and coffee gifts will delight any recipient you have in mind. Let them start their Monday morning with a warm beverage, tasty snacks, and appreciation for your kind gesture!
Do Corporate Gifting on a Budget With Ace of Hearts!
It is a common misconception that gifts have to be expensive in order to impress our corporate recipients. But, we are happy to let you know that there are many alternatives! Ace of Hearts specializes in affordable gifting, and sends thousands of high-quality gifts all over the world, at a fraction of the price. We believe that affordable corporate gifting exists because we make it possible for businesses and budgets of any size! Let us show you how when you contact us today.
Thank you for reading our blog about gifting on a budget! But, don’t go just yet:
- Send affordable corporate gifts to everyone on your list with our bulk order form.
- Have questions about corporate orders? Submit a corporate inquiry.
- Learn more about corporate gifting through our insightful blog.
Alex is a hopeless romantic who was supposed to be born in Italy (her dream destination), but proud to be South African nonetheless. She lives by her heart, and, consequentially, leaves a little bit of herself in everything she writes. She wholeheartedly believes that mermaids (and fairies) exist and is deathly afraid of the age ’30’.