Most professionals are aware of how costly it can be to give away corporate gifts for the purpose of retaining and attracting new customers or employees. Although your corporate gifting expenses will depend on the occasion as well as on the quantity and price of the items you are planning to give, you should expect to spend at least a few hundred to tens of thousands of dollars.

While there are plenty of benefits that come with giving corporate gifts, the expenses can sometimes be overwhelming, especially for startups or small companies. Fortunately, you can reduce your corporate gift spending in a number of ways while still creating an impactful impression. In this article, you will discover some of the best budget-friendly methods to help you minimise your corporate gift spend.

1. Create a budget and stick to it

This is a vital element of any cost-effective corporate gifting strategy, as it enables you to identify precisely the amount of money you are willing to spend on the presents. A clear and streamlined budget can aid you in ensuring that the gifting process remains within the specified financial limits. By establishing a budget, you can determine what gifts you want to give and what price range is apt for your company’s resources.

In addition, take into account any recurring costs related to ordering or delivering gifts from businesses. Once you have set up these parameters, you can tailor your budget accordingly. This helps you guarantee that every fund for a specific project will be utilised properly and efficiently. Ultimately, by having a sufficient budget and sticking to it, you can confidently handle the corporate gift spending of your company without breaking the bank.

2. Shop around to find the best value

Wise shoppers always look around for the best value. If you want your corporate gift spending to be reasonable, you should do enough research and compare prices from various retailers. Look for a supplier that offers special promotions or discounts for bulk orders. For example, if you intend to purchase 50 custom water bottles in Singapore, a supplier can offer them to you for 30% off their original overall price.

Hence, ask your prospective supplier if they provide discounts, especially for bulk orders or frequent customers. This can help you save on your corporate gifts over time. As such, it is also highly recommended that you look out for loyalty programmes, which offer rewards like exclusive discounts and points with every purchase you make. These can effectively minimise corporate gift spending since they usually give access to special deals.

3. Strategically utilise regifting 

Another smart way to lessen corporate gift spending is strategically utilising the art of regifting. It is a cost-effective method that business owners frequently overlook when managing their budget for corporate gifting. However, it can be an excellent way to get some use out of unused or unnecessary items. The key here is to regift only things that are still unused or new and that you would be comfortable gifting as a first-time present.

For instance, if you have received branded power banks from another company, consider regifting these power banks as corporate gifts in Singapore when appropriate. It is a good way not to waste these resources and show appreciation to other companies within your industry or network. Doing so will also help you save both time and money.


Corporate gifting can sometimes be expensive, but lessening your corporate gift spending is absolutely possible. However, this should be approached carefully and strategically. The first thing you need to do is to look at the types of presents you are giving and the amount you are spending in order for you to find ways to save money. By being wise and strategic, you can surely carry out a successful corporate gifting plan without burning a hole in your pocket.

For the most affordable and premium-quality corporate gift items in Singapore, Nanyang Gifts is the supplier you can count on! We offer a wide array of products ideal for corporate gifting, spanning from apparel and stationery to lifestyle items and gadgets, all at very competitive prices. With our excellent products, you can certainly get the best value out of your corporate gifting expenses. Do not hesitate to contact us today to learn more.

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