Thursday, 27 February 2020

8+ Reasons how awards can grow your business

Awards always are inspiring and the most intuitive way to make the business productive and growing. For the sake of simplicity and comprehension, I would like to categorize awards for a business in two major folds: External & Internal.
  • External Awards are for the recognition of the entire business as an entity that receiving an award. For instance, The Best Workplace awards, The Best Company awards, and so on at different levels.
  • Internal Awards are for the recognition of employees and customers belonging to or deal with the business. For example, the best employees of the year, the best team award, and the best customer awards. 
Keeping both categories of awards for a business, I am going to illustrate how awards can grow your business to the next level if the program is implemented righteously. I try to give you top-ten reasons regarding it.

Reason 1 – Awards Are for All Businesses 

If you think only start-ups are running after the business awards in their business community to get recognition are reap other compensations come with an award, you might be wrong here. 
SMBs, big brands, and even huge enterprises or organizations are thirsty to have various awards to sustain and grow in the niche market.

Many awards offer categories and subcategories based on 
  • Size of the company
  • Revenue earned
  • Maturity level
It means everyone has some room to fit in a category and subcategory to compete with companies with equal strength or capacities. It increases the chances of winning an award for all levels of companies.
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