4 Out-of-the-Box Ways to Use Challenge Coins at a Business
Challenge coins are a great way to ramp up business and boost employee morale. These coins can be designed to show off your business name and contact information, your company logo, or anything else you want them to include. You can make them all the same or design several different variations and use them for customers, clients, employees, or the general public. Read on to learn some of the best ways to utilize challenge coins for your business and how they help.
1- Employee Morale Booster
Challenge coins can be used for employee morale and camaraderie in several different ways. Employees love recognition and always benefit from being reminded that their hard work is noticed and appreciated. With challenge coins from challengecoinsltd.com or another top seller, you can reward your employees with a physical token that they can carry with them or collect.
Consider handing out challenge coins at random when you spot an employee going above and beyond during daily work. Award challenge coins to top performers or employees who put in extra hours to get work done.
Challenge coins can also be used to ramp up a little friendly competition at work. Make a contest out of them, with employees being able to turn them in after they have a certain amount and trade them for prizes.
2- Token of Appreciation to Clients
Bolstering business with clients can be amplified with the use of challenge coins. Thank your clients when they sign a new contract or place large orders by gifting them with a challenge coin from your company. These challenge coins can be collected by the clients so that they are reminded of the friendly, appreciative business relationship they have with your company. With a little extra thanks, you can keep clients returning for future business.
3- Added Rewards For Customers
Challenge coins make a great bonus gift when customers place orders with your company. Consider slipping a coin in every package as you process orders as a special and thoughtful way of thanking your customers for their business. With different designs, your customers can collect the coins until they have a complete set. You can even order new designs periodically to continue the fun and have customers ordering more in an attempt to get the latest challenge coin in the lineup.
You could also incorporate challenge coins as a customer loyalty system. Give customers coins based on the amount of money they spend with your company and allow them to turn them in once they’ve collected a certain amount. Transfer the coins into a discount, free item, or other valuable idea to make it fun and rewarding for customers to collect the coins.
4- Community Marketing
Challenge coins are a great marketing tool, both for existing customers and as a way to bring in new business. Hand out coins at the vendor fairs you attend or toss them out at the parades you enter. Leave the coins in different places around the community, encouraging new customers to pick them up and learn more about your business. With enough coins floating around the community, you can enjoy the spread of marketing with increased sales.
