Opportunity:
Companies often rely on partners as a component of their go-to-market strategy. A Channel Incentive Program aims to strengthen the relationship between the company and its distribution network by providing incentives that align with mutual goals.
Channel incentive programs often include cash and cash-like rewards and rebates based on the performance and success of the partners. By offering these incentives, companies encourage their channel partners to increase sales, promote specific products, and enhance overall market presence. This collaborative approach helps optimize the distribution channel’s effectiveness, drive product adoption, and ultimately contribute to the company’s growth.
Channel incentive programs are valuable tools for fostering loyalty, maintaining strong partnerships, and ensuring that both the company and its partners benefit from shared success in the marketplace.
Solution:
VI offers a suite of rewards to meet the diverse payout structures associated with Channel Incentive Programs. This includes customizable Visa® and Mastercard® prepaid cards, retailer gift cards, and direct-to-bank deposits that reward and motivate your salesforce to perform at their best.
Our Plastic and Virtual Visa® and Mastercard® prepaid cards can be branded with a corporate logo or fully customized and used in 145 countries, 1,500+ retail gift cards in 51 countries and 45 currencies, and cash payment solutions in 54 Countries and 39 currencies.
Our pre-denominated cards are ideal for catalogs while our reloadable options are well-suited for regular payouts of sales incentives.
When partnering with VI you will find reward solutions that enhance loyalty and motivate partners to contribute to the company’s success.
Key Benefits:
Full-Service
One supplier that can meet your global rewards and incentive requirements.
Incentive Design Experts
Incentive and recognition professionals diligently work to understand your Channel Partner program goals and provide guidance on rewards that will excite and engage partners to support and invest in your success.
Meaningful Variety
A full suite of reward payment options including virtual and physical Visa® and Mastercard® prepaid cards, retail gift cards, and cash-to-bank options. VI provides the rewards that influence and motivate partners to support your company’s growth.
Robust API and Support Portal
VI’s API allows for deep integration and provides Solution Providers and Channel Program Managers access to all award types with a single connection. Our VINOW portal provides customer service tools and insights to effectively manage your programs.
Enhance Your Channel Incentive Programs With Partner Loyalty-Driving Rewards
Virtual Incentives has a suite of brandable Visa® and Mastercard® prepaid cards, retail gift cards, and direct-to-bank account rewards that motivate partners to support you and your company’s growth.