Corporate Gifting Budget Calculator

The corporate gifting budget calculator is designed to help businesses estimate their total gifting expenses based on various factors.

Let me break down the key components and provide some additional information about TapWell’s corporate gifting services.

Corporate gifting budget calculation formula

The basic formula used in this calculator is:

Total Budget = (Number of Recipients × Budget per Recipient × Frequency of Gifting)

This is calculated for each category of recipients (employees, clients, and partners) and then summed up to get the total budget.

Sample Data Example Calculation:

Let’s walk through a sample calculation:

1. Number of recipients:
   
   • Employees: 100
   • Clients: 50
   • Partners: 10
2. Budget per recipient:
   
   • Employees: ₹1000
   • Clients: ₹2000
   • Partners: ₹3000
3. Frequency of gifting: 2 times per year

Calculation:

• Employees: 100 × ₹1000 × 2 = ₹200,000
• Clients: 50 × ₹2000 × 2 = ₹200,000
• Partners: 10 × ₹3000 × 2 = ₹60,000

Total Budget: ₹200,000 + ₹200,000 + ₹60,000 = ₹460,000

Why choose TapWell for corporate gifting services in India:

1. Extensive Experience: With 9 years in the industry, TapWell has completed 1,834 projects and served 408 happy customers, delivering over 621,542 products.
2. Diverse Product Range: TapWell offers over 4,300 products across various categories, with options ranging from ₹20 to ₹50,000 per piece, ensuring gifts for every budget and occasion.
3. Customization Capabilities: They provide company logo branding, personalized names on products, and customizable gift hampers to suit your specific needs.
4. Flexible Ordering: With a low Minimum Order Quantity (MOQ) of just 30 pieces for most products and free samples for corporate clients, TapWell makes it easy to start gifting.
5. Quick Turnaround: Most products can be dispatched within 5-7 days, ensuring timely delivery of your gifts.
6. Efficient Logistics: TapWell offers direct delivery to recipients and has partnerships with major courier services for both domestic and international shipping.
7. Technology-Driven Solutions: They provide customizable point redemption websites and free services for allotting points to employees, clients, and dealers.
8. Trusted by Notable Clients: Companies like IRCTC, Urban Company, Cello, Mahindra Rise, and Safari have chosen TapWell for their gifting needs.
9. Comprehensive Services: From corporate gifting solutions and customized products to gift hampers and branded stores, TapWell offers end-to-end gifting services.
10. Eco-Friendly Options: They have a category dedicated to eco-friendly products, catering to environmentally conscious businesses.

By choosing TapWell, businesses in India can benefit from a one-stop solution for all their corporate gifting needs, backed by years of experience and a wide range of customizable options.