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In https://travelcay.com/learn-how-to-giveaway-complimentary-luxury-stays-with-incentive-marketing/ marketing, companies create ways to reward customers for taking certain actions (i.e., signing up an account, buying a product, etc.). According to the Incentive Market Association, around $76 billion per year is currently spent on incentive marketing alone. The reason that incentive marketing can be a great way to motivate customers is because it helps them feel valued and rewarded, which helps make customer loyalty a key component of sales.
One of the biggest benefits of incentive marketing is that it offers employees a way to earn a reward on their own, instead of having to wait for their boss to reward them for doing a job correctly. This, in turn, helps employees feel important and that their jobs mean something. By offering empl