In this article, we will discuss the top 20 luxury corporate gifts for clients. You can skip our detailed discussion and see the top 5 Luxury Corporate Gifts for Clients.
Emerging businesses are revolutionizing the corporate gifting with innovative approaches. Consider tailored outdoor experiences, premium products, and customized gift bundles. According to the Worldmetrics Report 2024, the luxury corporate gifting sector is projected to experience a 3.7% annual growth rate until 2025. Additionally, the Gitnux Marketdata 2024 report highlights that, on average, 20% of organizations allocate between $1,000 and $10,000 annually for corporate gifts. This expenditure underscores the strategic importance many companies place on using gifts to cultivate and nurture strong relationships with clients, employees, and other stakeholders. The consistent budget allocation within this range signifies a noteworthy yet measured investment in corporate gifting.
According to a report from Coresight Research, the gift industry in the US surged to a staggering $242 billion by the close of 2021, with projections indicating a further increase to over $300 billion by 2024. This growth signifies a shift in focus from mere token gestures to more thoughtful and personalized gifts, especially within corporate gifting sector. Gone are the days when a simple coffee gift card would suffice. With remote work becoming the new normal, companies are investing significantly in high-quality corporate gifts. The report highlights an average expenditure per gift ranging between $75 and $100. This trend underscores the growing recognition among businesses that enhancing the gifting experience is crucial for fostering employee satisfaction and maintaining strong relationships with key clients.
But it’s not just the US, this trend is global. Even though it’s a bit of a headache to send gifts worldwide, the global corporate gifting market was valued at nearly $620 billion in 2019, as noted by World Metrics. An increasing number of gift companies are expanding their product lines and developing international shipping capabilities to assist businesses in connecting with clients globally. The focus is on establishing meaningful connections, regardless of the geographical location of your contacts.
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Importance of Gifting in the Corporate World
Corporate gifting plays a major part in fostering relationships, boosting employee morale, and enhancing brand awareness. It shows appreciation, strengthens bonds, and reinforces loyalty among clients and employees. Gifting can also contribute to a positive company culture, improve employee retention, and serve as a subtle marketing tool. By acknowledging milestones and rewarding innovation, corporate gifts encourage creativity and long-term commitment. Overall, thoughtful gifting adds a personal touch to professional relationships, making recipients feel valued and appreciated, which can lead to increased satisfaction and productivity.
According to Reward Gateway, 70% of American employees reported increased productivity after receiving gifts from their employers. This gesture not only makes employees feel appreciated and valued but also fosters a sense of belonging and strengthens workplace bonds. Additionally, recognition and rewards for job performance have been shown to improve employee retention rates. Happy employees are more likely to provide better customer care, ultimately benefiting the business.
Harvard Business Review states that improving employee satisfaction can result in numerous benefits, such as a 37% increase in revenue, a 31% boost in productivity, and a 19% improvement in task accuracy. It also leads to various health and quality-of-life benefits. A vast majority of employees, 85%, believe that managers should promptly recognize outstanding performance and consistently provide praise throughout the year. This sentiment is echoed by 81% of workers in Deloitte Insights. These findings underscore the importance of recognizing and rewarding employees to maintain a motivated and productive workforce.
Bensussen Deutsch & Associates (BDA) is a premier name in branded merchandise and corporate gifts, featuring a remarkable portfolio of its association with leading companies such as The National Broadcasting Company (NBC), Home Box Office (HBO), and FedEx Corporation (NYSE:FDX). BDA offers a wide range of branded products, from tech gadgets to lifestyle goods, designed to enhance brand loyalty and create memorable experiences for clients and employees alike. BDA helps companies showcase their identity through thoughtfully curated gifts. Their expertise in corporate gifting spans across various industries, ensuring that businesses can celebrate milestones, recognize achievements, and strengthen relationships with tailored, luxury items.
FedEx Corporation (NYSE:FDX) is distinguished by its nearly 600,000 employees committed to delivering an outstanding customer experience. The company maintains a safe, inclusive, and rewarding work environment. The organization emphasizes professional growth, acknowledges employee achievements, and ensures that its team members contribute positively to communities worldwide.
On May 16, FedEx Corporation (NYSE:FDX) announced the recipients of its 12th annual Small Business Grants Program, awarding over $230,000 to ten U.S-based businesses from more than 3,900 applications. The grand prize of $50,000 went to Bombi in Greenville, RI, while nine other businesses received $20,000 each, including Better Boba, Bundle x Joy, and Madhu Chocolate. Each recipient also gained access to various FedEx Corporation (NYSE:FDX) resources and support, emphasizing the company’s commitment to empowering small businesses. Since its inception, the program has awarded over $2 million to nearly 80,000 applicants.
While we acknowledge the potential of FDX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FDX but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
With this backdrop, let’s proceed to our list of 20 luxury corporate gifts for clients.
Methodology
To curate our selection of 20 luxury corporate gifts for clients, we adopted a consensus-based approach, drawing insights from multiple sources. By analyzing their recommendations, we identified the most esteemed gifts. Each time a gift was endorsed across these sources, we assigned it a point. By totaling the points for each gift, we compiled a definitive list. The gifts are ranked based on their estimated prices sourced from Target Corporation (NYSE: TGT), known for its high-quality offerings. We determined the average price of the premium top five products in each category. Subsequently, we ranked the products in ascending order according to their price points.
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20 Luxury Corporate Gifts for Clients
20. Taper Candlestick Pair
Average Price: $45.99
Create a warm and inviting atmosphere in your client’s homes with a pair of elegant taper candlesticks, perfect for adding a touch of romance and ambiance to any occasion. Crafted from premium materials and featuring a timeless design, these candlesticks are sure to become a cherished addition to their décor, showcasing your appreciation for their hospitality and style.
19. Parker Rollerball Pen
Average Price: $49.99
This sleek and sophisticated pen exudes elegance and professionalism, making it the perfect luxury gift for a client who appreciates fine craftsmanship and attention to detail.
18. Carving Set
Average Price: $54.95
Gift your cooking enthusiast clients a beautiful carving set. Impress your clients who love to entertain with this elegant carving set, adding a touch of refinement to their culinary endeavors. Crafted with precision and style, it’s the perfect gift to showcase your appreciation for their hospitality and taste for fine dining.
17. Coffee Press Set
Average Price: $59.99
Start your clients’ day off right with a coffee press set that allows them to brew the perfect cup of coffee from the comfort of their own homes. Featuring a sleek design and high-quality materials, this elegant set is sure to impress even the most discerning coffee connoisseurs, showcasing your attention to their tastes and preferences.
16. Bread Board
Average Price: $62.99
Add a touch of rustic charm to your clients’ kitchen with a stylish breadboard, perfect for serving freshly baked bread and appetizers with flair. Made from high-quality materials and featuring a timeless design, this versatile board is sure to become a staple in their culinary collection, showcasing your thoughtfulness and attention to detail.
15. Massage Gun
Average Price: $69.99
Treat your client to the ultimate relaxation experience with this portable massage gun. Compact yet powerful, it provides soothing relief from stress and tension, making it a luxurious gift that promotes health and well-being. Its sleek design and high-quality performance make it a memorable and thoughtful gesture, showing your clients that you truly value their comfort and satisfaction.
14. Mini Projector
Average Price: $79.99
Impress your clients with the versatility and convenience of a mini projector, allowing them to enjoy movies, presentations, and more on the big screen wherever they go. Compact yet powerful, this portable device is perfect for business meetings, movie nights, and outdoor gatherings, showcasing your commitment to innovation and entertainment.
13. Leather Travel Duffel Bag
Average Price: $84.99
Impress your clients with a luxurious leather travel duffel bag, perfect for weekend getaways, business trips, and everything in between. Spacious yet stylish, this premium bag offers ample storage space for essentials while adding a touch of sophistication to their travel ensemble, making it a practical and stylish gift for clients who appreciate quality craftsmanship and timeless design.
12. Fringed Throw
Average Price: $96.90
Wrap your client in luxury and comfort with this beautifully crafted fringed throw. Made from plush materials, it adds a touch of warmth and sophistication to any space, making it a thoughtful and stylish gift they’ll cherish. Perfect for chilly evenings or simply adding a layer of warmth and charm to a room, this fringed throw is a thoughtful gift that shows your clients how much you appreciate them.
11. Bluetooth Speaker
Average Price: $99.99
Show your clients you value their modern lifestyle with this Bluetooth speaker, offering seamless connectivity and impressive audio performance. Whether they’re at home, in the office, or on the go, this sleek device ensures they can enjoy their favorite playlists with ease and sophistication.
10. Gourmet Gift Basket
Average Price: $109.99
Express your appreciation to your clients with a gourmet gift basket filled with an assortment of delicious treats and delicacies. From artisanal cheeses to gourmet chocolates, this thoughtfully curated selection is sure to leave a lasting impression and memorably convey your gratitude.
9. Portable Cooler
Average Price: $113.39
Help your clients stay cool and hydrated on their outdoor adventures with a portable cooler, designed to keep drinks and snacks chilled for hours. Whether they’re camping, picnicking, or tailgating, this convenient cooler ensures they can enjoy refreshments on the go, making it a practical and appreciated gift for clients who love the great outdoors.
8. Travel Poker Set
Average Price: $110.49
Bring some excitement and entertainment to your clients’ travels with a compact poker set, perfect for game nights on the go. Whether they’re in a hotel room, at a beachside resort, or on a camping trip, this portable set ensures endless fun and camaraderie, making it a memorable and appreciated gift for clients who love to travel and socialize.
7. Insulated Jacket
Average Price: $122.24
Keep your clients warm and stylish with an insulated jacket that’s perfect for outdoor adventures and everyday wear. Designed for comfort and durability, this versatile jacket protects from the elements while maintaining a sleek and fashionable appearance, making it a practical and appreciated gift for clients who love to stay active and explore the great outdoors.
6. Portable Gas Griddle
Average Price: $126.97
Impress your client with the gift of gourmet outdoor cooking. This high-quality gas griddle offers convenience and versatility, allowing them to indulge in delicious meals wherever they go, whether it’s a backyard barbecue or a camping trip.
5. Wireless Headphones
Average Price: $128.99
Treat your clients to the ultimate listening experience with these premium wireless headphones, offering superior sound quality and comfort for long hours of use. Whether they’re commuting, working out, or relaxing at home, these headphones provide the perfect blend of style and functionality, making them a thoughtful and practical gift for clients who appreciate quality audio.
4. Salad Bowl & Servers Set
Average Price: $129.99
Elevate your clients’ dining experience with a beautifully crafted salad bowl and server set, perfect for entertaining guests or enjoying family meals in style. Made from high-quality materials and featuring elegant design details, this thoughtful gift is sure to be appreciated and cherished for years to come.
3. Tumbler and Decanter Set
Average Price: $135.49
Enhance your client’s drinking experience with this exquisite set, perfect for enjoying their favorite beverages in style. Its timeless design and premium materials make it a luxurious addition to any home or office.
2. Leather Computer Bag
Average Price: $139.99
Help your clients stay organized and stylish with a luxurious leather computer bag, designed to protect their devices while making a statement of professionalism and sophistication. With its timeless design and durable construction, it’s the perfect accessory for busy professionals who value both form and function.
1. Portable Speaker
Average Price: $149.99
Treat your clients to the gift of music on the move with this portable speaker, perfect for enhancing their enjoyment of favorite tunes wherever they go. Its sleek design and high-quality sound make it a stylish and practical accessory for busy professionals who appreciate versatility and convenience.
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Disclosure: none. 20 Luxury Corporate Gifts for Clients is originally published on Insider Monkey.