3 simple ways to find the right gifts

When you pay monkeys you get peanuts – this the perfect expression to get the most imperfect gift this season. If you are part of an organization where Diwali, New year, mid year promotions, incentives are all brought in with a touch of gifting then you may resonate with what I am writing here.

Creating the right gift is an art and most often than not this job of sourcing the right gift turns out to be a herculean task for procurement and admin heads. This just adds to their existing work load. So whenever a gifting requirement comes up all they want to do is get the monkey off their back. Impressing their bosses by bringing in gifts at the cheapest price seems to be the only way. The truth is – it is not the only way. There can be more to gifting than sourcing at cheap prices.

Here are 3 simple ways to get the job done the right way
Quality over price – Understand that great quality cannot come at a cheap price – a vendor who is cutting his margins to get the order from you may not have enough profitability to service you in the future. When you go with only price as a preference chances are you’ll be sold a product that is low in features or is an old or fading out product.

Profit is not a bad word – When you come from a space where you treat your suppliers as businesses which deserve to make decent profits you’ll learn to be a good buyer. At the same time it is important to see that you are getting great value for the price you pay.

Win-win or no deal – A good supplier is one who will not give deep discounts because he is desperate for the order, but one who will choose to walk away when you negotiate below his lowest possible healthy price. And one who lives by the philosophy of ‘if my product is of no value to you then your money is of no value to me’. When your supplier does not budge to your hard negotiation, have a conversation with your team and the supplier and set realistic expectations, keeping win-win in mind.

When you want to go fast you go alone – but when you want to go far you go together – In this time and age, the only way to grow and sustain that growth is through building trust based relationships with your clients, associates and suppliers. When you set out with this intention in mind, your perspective will go through a sea change as you will see suppliers as your partners in growth. And when this happens, you know you have found reliable partners who will support you with your every need.

When you sit on the buyer side of the deal, always remember to begin with trust and believe that reaching a win-win is the most important part of doing business together. Suppliers are your channel partners in growth, and you both need to co-exist in an environment of trust and support.

For more on gifting, buying and selling trends, follow us on this blog.

Leena Munot
Co-founder
The Giving Tree

How to make sure you don’t buy… just another useless gift!

When was the last time you opened a gift box and said….REALLY? Moments that are meant to bring joy, sometimes end up bringing the giver a sense of embarassment and the receiver some share of anger and upset.

Have you even been on the giving or receiving side of such gifts…which end up making you feel, ‘oh come on, it’s a hands-me-down gift or a passing-the-parcel gift, or a gift that you have absolutely no use for…like the comb to a bald person!

Be honest. Most of us have been there before…!

Here are 3 ways to steer clear of this in the future:

1. Buy a voucher – when you don’t know the person well enough never take a chance – go safe, buy a gift voucher for a place where he/she can get enough options to choose from.

2. Pass the parcel – These are those gifts that you can’t throw and you can’t use either. Reasons could be many – your favourite aunt got you this, how can you give it away? Or you got it as a recognition at work for a milestone achieved…whatever the reason, if you don’t need it, pass it on. The only thing you want to be careful about here is make sure there is no gift tag inside the box, the person you are passing it to has a genuine need for this item, and that it is not damaged!

3. Ask a close friend – If gift vouchers are not your thing, ask a close friend of the receiver and find out their tastes and preferences. Then pick the gift so you know you are on the right track.

For more tips on doing sensible gifting, follow us on Facebook.

Leena Munot

Co-Founder
The Giving Tree

3 mistakes to avoid when you buy gifts!

With the summer all ready to leave and the monsoon waiting to set in, we too have been sweating it out to bring to you the best gifts for this season. Why? Well, that’s the one thing we love to do the most – find new ways to make you and your teams feel super special when they receive a gift that is hand crafted, customized and made with love just for them. While we enjoy doing what we do best, we thought it may be a good idea to help you make the right choices with gifting this year.

Here are 3 mistakes you want to avoid when you choose a channel partner:

1. The hungry one wins: Never sign up with a partner who is slow to revert to your queries on mail, doesn’t return your calls or send you samples on time. How we do one thing is how we do everything!  You want to work with partners / vendors who have an intent to serve you in a way you appreciate and who are hungry enough for more business and growth – this includes prompt, clear and honest communication.

2. Trust me, trust me not: Never place an order of gifts with a new partner just because you are desperate.The best way to avoid this situation is to always have at least 3 to 4 very reliable and trustworthy partners who you’ve known in the past and whose work you have seen. (Don’t shy from asking for references and doing your due diligence)

3. Go local: To make sure you have a stress free time when you look forward to get those gifts, try to source locally as far as possible. It may cost a few bucks extra, but will save you a whole lot of tension that logistical gluts can cause you.(which happen very often, thanks to strikes, weather and some fat lies!)

Remember gifting is about making someone feel special, not about getting super stressed!

You want to be doing this as often as you can to build up your team’s energy, motivation and create an atmosphere of happiness and fun at work. Doing this stress free will go a long way!

It is important to find a channel partner who will help you on how to choose the right gift and make the right impact. Whether it is to thank a client, or impress an associate, make sure you do enough ground work before you say YES to any gifting idea this season. We are India’s most innovative corporate gift house, and there are plenty of reasons that make us the best!

Leena Munot
Co-Founder 
The Giving Tree

 

 

3 ways to identify the perfect gift

For most corporates when it is the season for ordering some gifts to give to their teams or clients, all hell breaks loose. Corporate gifting suddenly takes on a different meaning, and whatever it may mean, it certainly means no joy. If you are a working professional in a large multinational conglomerate, chances are you receive a gift for your birthday, anniversary, new year, Diwali and so on. When a colleague from the cubicle next to you receives a coffee mug with his name, on a not-so-great looking design behind, you know a month later the same mug will land on your desk, because it is your birthday.

A research in 2015, revealed that the corporate gifting segment in India is over 2.5 billion USD!!! What a shame, if in the name of so much money being spent by companies across the board, it is killing delight, eliminating surprise and deleting happiness from their gifting.

Corporate gifting – It is about gifting not grieving.

Here are 3 tips that will help move in the right direction for gifting this season:

1. Learn from the past – Before you plan what to buy for your teams this year, it may be a good idea to see what they have received in the last few years. A chat during a coffee break can be a great place to collect feedback from them. Of course, we don’t mean you go outright and ask, but in a more subtle conversational manner, your team will reveal a lot. Eg., when you see your colleague drinking from a plain coffee mug, ask him how come he’s not using the gift he got on his birthday from the office and he may respond saying ‘oh, that was a sad looking one, I didn’t like the quality, same old gift, it cracked within a few days …’ and the list can go on. Now you know that your team appreciates good quality and design on the product.

2. Meet new vendors – If you’ve ever worked with a corporate you’ll know what a pain it is to get empanelled. Technology and internal restrictions don’t always make it a easy ride. So most companies force themselves to buy from pre registered vendors, because of ease of transacting and minimal internal paper work. It’s costing you your reputation with your teams!!! Don’t you see that? Existing vendors get into a comfort zone after a point and no matter what occasion you call them for, they will continue to offer the same old tees, caps, sippers, desk sets and accessories. Gifting is all about making someone feel special and it costs you money, so why would you not step out and look for new vendors at all times? You stand to get new variety of gifts, gifts that are trending and those promising higher levels of delight to your recipients.

3. Communicate with your teams – Sometimes no matter what you do your teams are not excited with the gift you bring them. May be they are getting one too many gifts from the company and so the value is lost or the gifts are boring and are being handed down. Be what it may, communicate with your teams to get feedback and throw the ball in their court sometimes. Ask them to create a list of gifts they would enjoy receiving and using. This exercise can be most revealing as your teams will come up with some great ideas, products and perhaps places from where you can procure them too…ta daaa!

Some gifts are big. Some gifts are small. The ones that come form the heart are the best gifts of all.

There are a zillion corporate gifting ideas out there, but in my experience of close to two decades of being in this industry, I realize, there are a zillion mindsets you are dealing with too. A gift goes a long way in building long term relationships between teams, clients and vendors. A well thought gift creates an added experience of delight and warmth, as it touches the heart of the person who receives it and he can see your care come through when he sees the gift. In the latter one, chances are he will remember you for a long time, long after the gift has been consumed or whenever the new year arrives he will wait for your gift more than others, because he knows now, you do meaningful gifts that make him / her feel special.

This year when you begin looking for gifts keep these simple, yet highly effective, pointers in mind and make your gift buying process easier, more enriching and more thoughtful…the results will be there to testify when you send those gifts out.

Happy gifting times!

Leena Munot
Entreprenuer. Blogger. Trainer. Author

3 ways to show your love for someone

February is celebrated the world over as the month of love. What does love mean to you? Love for a partner, friend, family or love for your job, career, the life you live or love for the world you live in, for humanity, for the blessing to wake up each day knowing not everyone wakes up each morning in the world. Life is short, life it fully and live it well.

And if I can expand on that line…then I’d say love with all of your heart and make sure you express it ever so often. After all, no one ever died of an overdose of love. Did they? While most of us feel the need and the comfort of expressing love to our close ones, we conveniently ignore the rest of the people who make up our world in their own way. If you are running a business, imagine your life without your team who does the daily chores of running the business while you go out and look for new clients. Imagine a great business setup without equally great clients. How would life be? When you commit to your best client and your supplier does not uphold his commitment to you…how would your business be? All these questions got us thinking, and so began a journey in 2002, with a mission to help corporate companies make their teams, clients and associates feel special and loved.

“An ordinary thing can turn into a gift and make someone feel special…when you give it with love.”

While it can be quite a challenge to identify the perfect gift for most occasions, I notice, most companies today prefer gift vouchers, reward points, experience vouchers, and the like. I am personally not a great fan of these, because they take away the joy of a physical gift that has been chosen specially for the recipient and gift wrapped. Can you imagine the joy you felt when someone handed a very neatly packed present and your excitement to open the gift box and see what’s in it? Little joys go a long way in building happy memories.

And so I am super happy to explore 3 great ways to show your love with elan:

Personal gifts – If you know your clients, associates or team mates well and long enough, enjoy great camaraderie and kind of know their taste, investing in a personal use gift may be a good idea. A personal pocket organizer crafted in soft wood with their name engraved, a neck tie with cuff links to match or a hand painted scarf with their name or initials printed or embroidered are all amazing ideas to make them feel extra special and solidify relationships into robust connections that you can mutually leverage at will.

Premium gifts – These are an unmistakable choice when you not only want to impress your best client but also show them that their association is very highly valued. A bottle of the finest liquor, artisan chocolates, vintage time pieces and the likes can be a good pick for this bunch.

Utility gifts – If you are the minimalist kind and believe in doing simple yet effective gifting, then utility products like desktop accessories, hand bound notebooks, stationery hampers and so on are all brilliant ideas to begin with.

Whatever the occasion, whatever the choice of gift, an extra touch with name customizations, special gift wraps, gift tags with personal thank you notes go a long way in adding a touch of class and warmth to any gift you give.

Whenever you gift, you gift with love. Happy gifting!

Make us your happiness partners today. Meet us for a cup of chai to know how.
www.thegivingtree.in