You've spent a long time building your business, developing a client base and finding the perfect employees; but if you want to see significant growth, it pays to have an employee reward scheme. With a Walmart Corporate Gift Card Program you can use our gift cards to show your appreciation to staff. Alternatively, you can use gift cards as perks to entice new clients through various promotions. It's possible to sign up for a Corporate Account online, and approval only takes two business days.
Reasons to have an incentive scheme
The Walmart Gift Card Program gives you an opportunity to reward your staff, inspiring them to work harder and achieve their goals. Such incentive schemes have numerous benefits for businesses of all sizes:
Motivation: Giving your staff something to aim for, and then rewarding them when they meet those targets, increases motivation and job satisfaction. A happy workforce is more inclined to put in effort to meet sales figures, or work late to meet an important deadline; and a commitment to excellence translates into high profits and repeat business from clients who receive quality service.
Loyalty: A reward scheme promotes loyalty among staff. This is particularly true in schemes that reward continued excellence rather than providing one-off perks. For example, rewarding staff for meeting a monthly sales figure benefits sales in that month, but introducing a scheme that builds the rewards month-on-month for continually hitting sales figures encourages staff to keep up their good work. You can employ a similar scheme for retaining clients, offering gift cards after they have been with your company for a specific period of time.
Team spirit: Linking rewards to meeting company sales figures or other targets obtainable as a group encourages staff to work together, developing a strong team spirit and a more efficient workforce.
Reduced expenses: Employing new staff incurs a lot of additional expense. You need to run advertisements, interview candidates and then train the successful applicants to get them up to speed. A good reward scheme helps to minimize these costs by encouraging your existing staff to stay with you. Additionally, rather than a high turnover of inexperienced employees who make mistakes as they learn, you get a more consistent workforce comprising skilled individuals who have been with the team for a long time and work efficiently at higher speeds.
Benefits of gift cards
Gift cards are an excellent incentive scheme perk, as they give the recipient the ability to choose how and when they use their rewards; and because products at Walmart are available at Every Day Low Prices, every gift card represents excellent value. The cards are usable at any Walmart or Sam's Club store and can also be redeemed online, making them a versatile way to shop from an incredible range of products.
Opening a corporate account
Opening a Walmart Corporate Account grants access to the gift card program. The application process is simple, and anyone with a valid U.S. business license can apply, regardless of the size of the business. Just complete the online application on the Corporate Program page, following the on-screen instructions to include information such as your business license number, tax ID, banking information and contact details. By submitting the application, you are agreeing to the Gift Card Terms & Conditions.
We process applications within two business days, so you can quickly access the benefits of your Corporate Account and start ordering gift cards. However, there are no limitations on order size or frequency of transactions, so it's worth applying well in advance so you have more time to organize events. Early application gives you more opportunities to leverage gift cards in promotions and incentive schemes.
Grow your business
A gift card scheme is the perfect way to say, "Thank you" to your hard-working staff or to entice clients. You can order cards in bulk, including multiple cards and amounts in a single transaction. Additionally, there are no fees for reloading cards. Link your rewards to sales figures or productivity, and promote a collaborative environment where everybody pulls in the same direction. Start your incentive program today and grow your business. Save money. Live better.