Limit your financial risk with Fixed Fee Promotions
You might have heard of Fixed Fee Promotions and over redemption insurance in the past but you do you know what they actually do? Have you any idea how a fixed fee campaign can help your sales promotions in the future whilst ensuring that you don't pay over the odds in the process? The Fixed Fee Promotions are controlled by risk management companies who are vastly experienced at anticipating the costs that are involved within promotional campaigns. Pay them one fee, they'll ensure your campaign stays well within the target budget. Worried about customers over redeeming during the promotion? Take out over redemption insurance as part of the Fixed Fee Promotions and you'll be covered for all eventualities.
It's always a risk running promotions. Make things simple with Fixed Fee Promotions
Promotions are fabulous at driving sales forward but what are the risks that are involved? How can you ensure your customers don't over redeem the prizes that are being offered as part of the campaign? Set up Fixed Fee Promotions or pay for over redemption insurance and you'll be covering your back. What's the difference between Fixed Fee Promotions and over redemption insurance though, and which one would be right for your needs at this present moment in time? Well, Fixed Fee Promotions do what they say. You pay one amount to the risk management company for the entire promotion and all costs that are involved with the redemption of prizes are covered. It works slightly differently with over redemption insurance. Choose this option and you pay for prize redemptions to a set amount. If, for any reason, the redemption goes above the amount, the insurance company is liable for the cost.
Peace of mind thanks to Fixed Fee Promotions
And you'll have no worries once over payment insurance is in place. Pick either of the options for your next promotional project and you'll have complete piece of mind. Companies have become unstuck running promotions in the past because they didn't have Fixed Fee Promotions in place. Customers over redeem prizes and the costs involved can become monstrous. This wouldn't happen if over redemption insurance was providing cover for the campaign. Speak to risk management companies if you are thinking about running Fixed Fee Promotions in the future. They can advise you on all aspects of Fixed Fee Promotions or talk about over redemption insurance if you prefer.