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Giftbit

Delivering Simplified Recognition Solutions

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Leif Baradoy, Co-Founder and Chief Executive Officer, GiftbitLeif Baradoy, Co-Founder and Chief Executive Officer
People work for money but go the extra mile for recognition, praise, and rewards.This quote by renowned American writer Dale Carnegie perfectly illustrates the critical role of employee recognition in the present-day workspace. The simple act of acknowledging achievement is a major boost for morale and performance, especially in the post-COVID era, where most teams are working remotely. Even so, many small and mid-size businesses struggle to adopt enterprise-grade recognition tools due to their limited resources and budget constraints.

Enter Giftbit, a simple web interface that allows employers to email gift and visa incentive cards to employees, enabling meaningful recognition without needing expensive contracts or manual processes. Giftbit is an excellent cog in many of its clients’ workflows, allowing them to simultaneously send rewards to individuals or teams. Marketing teams can leverage Giftbit to manage a variety of rewards, including consumer incentives, sign-up incentives, and service discounts.

Giftbit offers employee rewards, marketing incentives, customer loyalty, and research incentives. It accelerates employee rewards programs through robust tracking and reporting capabilities that monitor the performance of their existing recognition measures and finds the best-suited approach. Through its marketing incentives, Giftbit allows employers to leverage digital rewards to activate and optimize their marketing channels. This is done by simple solutions for distributing customized rewards and incentives that support the client’s marketing campaigns. It includes sending offers via personalized emails that fit their brand and messaging.

From a customer loyalty standpoint, Giftbit helps businesses streamline their loyalty programs through gift cards automated with Giftbit’s gift card API. Besides, it offers solutions for disbursements and incentives to market research participants, which improves the quantity and quality of feedback.

“We offer simplified employee recognition services to businesses without requiring them to commit to a more complicated platform that may not meet their actual needs,” says Leif Baradoy, co-founder, and CEO of Giftbit.

Giftbit has assisted numerous businesses in improving their employee recognition, which is a testament to its capabilities. One example is when an international hardware retailer with multiple large teams needed to send out employee rewards quickly in response to specific team achievements. They needed a digital on-demand solution that could serve their different departments. After implementing Giftbit, the client went from needing a solution for their rewards-related problem to sending gifts and incentives on the same day with no friction or drainage of resources.


We offer simplified employee recognition services to businesses without requiring them to commit to a more complicated platform that may not meet their actual needs


Since its inception in 2011, Giftbit has powered millions of rewards for small and large businesses. Today, with employers increasingly realizing the value of employee recognition in terms of retention and an improved organizational culture, the scope for the Giftbit platform has widened. Thanks to its ability to make consumer and B2B rewards simple and memorable, Giftbit is now a leading employee recognition platform.

Moving ahead, the company aims to continue supporting businesses to develop recognition skill sets without relying on a large enterprise tool while maintaining a reputation for high customer satisfaction, innovation, and consistency.

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Giftbit

Company
Giftbit

Management
Leif Baradoy, Co-Founder and Chief Executive Officer

Description
Giftbit is customer engagement software designed to help businesses send and track digital gift cards to employees in bulk. The platform enables managers to create customizable reward templates with the company’s logo on a unified interface.