Strategic Holiday Gift-Giving

You can reap big benefits by taking advantage of this opportunity to maximize your company's PR.


Do you think business gift-giving during the holidays is a stressful waste of time? Think again. It provides terrific public relations benefits. Here are just a few:

  • Elevates relationships with clients and referral sources;
  • Increases the service level of suppliers;
  • Establishes greater employee goodwill and productivity;
  • Improves top-of-mind awareness among prospective clients; and
  • Enhances relationships with the press.

To maximize the public relations benefits of gift-giving, consider the following parameters.

Who Should Be on Your List?
Start the process by making a list of everyone who should receive a card and/or a gift. You should include:

  • Clients (current and those you’ve had during the year);
  • Referral sources;
  • Employees;
  • Suppliers and vendors (these are the most overlooked and will be most appreciative);
  • The media (those you have been in contact with);
  • Prospective clients you’ve had contact with; and
  • Anyone who has helped your business in any way during the year.

Gift or Card?
Holiday cards are almost always looked upon favorably by the recipient. Non-denominational cards, such as Thanksgiving, New Year’s or holiday season good wishes are the best options. Snail-mail cards are best. They can be saved and displayed, and provide a reminder about you and your business.

The worst thing you can do is send a card pre-printed with your holiday wishes and no personal note. Here are some tips on making your cards great:

  • Hand-write a personal note (preferably in your handwriting; otherwise, you can have an assistant do this).
  • Include the person’s name and mention how he or she has helped you this year.
  • If you’re giving a gift, tie the card’s personal note into the gift. For example, if you’re giving a cake to a client, you could say, “Working with you is a piece of cake. Thanks for being a great client.

If you’re in doubt about whether someone is allowed to accept a gift (certain professions and the media, for example), send a heartfelt card with a personal note. My favorite resource for personalized, inexpensive holiday cards is Vista Print.


Content Continues Below



Choosing the Right Gift
When a gift is in order, send a handwritten card along with a great gift. Here are some ideas:

  • If the gift will be shared with others, send a gift basket of food. My friend Promo Girl suggests that if you do get a gift basket, include some sort of promotional item with your logo and/or name so that, after the food is gone, the memory of your company remains.
  • If the recipient is involved with a charity, make a donation to the charity in that person’s name.
  • Business contacts often enjoy new business books, especially if signed by the author.
  • Gifts that come every month, such as food-of-the-month clubs and magazines, will remind people continuously about you and your company.

Although many people enjoy cash or gift cards, I’m not a big fan of giving them in a business environment. They’re impersonal, and people may think you didn’t put much thought into choosing them.

When possible, give business to clients who offer great corporate gifts.

What Should I Spend?
The IRS allows your business to deduct up to $25 for business gifts you give to any one person per year. This is a good place to start, since deductions are important to business owners.

Many times you will want to give bigger gifts than this, depending on the amount of revenue a client represents, how helpful a supplier has been or how dedicated an employee is.

Putting some thought into your business holiday gift-giving is worth it. The benefits to your business will be priceless.


Margie Zable Fisher is the president of Zable Fisher Public Relations, the leader in small business public relations. To get her free e-mail tips and publicity opportunities, visit zfpr.com.

 





Newsletter
Sign up for our bi-monthly newsletters:
Starting a Business
Sales and Marketing
Growing a Business
Tech/e-Business
Franchise News
Book Sampler

Enter E-Mail
Check out these special offers from our sponsors.
Subscribe Today! HireMyMom.com Topshelf Reading Picks The Woman's Advantage