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CIS Merges With Marketing Innovators
October 2004
Corporate Incentive Solutions (CIS, asi/168979) has merged with
New York-based Marketing Innovators (MI, asi/261657). CIS, an integrated
incentive company, was officially launched in June.
“CIS is the combination of many organizations coming together
as one,” says CEO Marc Baron. “It’s really the
next generation of travel-incentive companies.” The goal is
to bring aboard established promotional products salespeople to
cross-train with the travel/meeting staff.
“Where we distinguish ourselves is using the existing promotional
products sales channel to gain access to cross-sell meeting and
travel logistics,” Baron explains. “Promotional products
salespeople already have the relationships with many clients involved
in planning. A large percentage of all orders written by them complement
meeting or travel programs.”
While promotional products have been CIS’s main focus during
its first year, Baron expects the ratio to flip: “Currently,
promotional products are two-to-one over travel as far as our overall
sales volume. By our second year, however, travel should be [on
top].” The firm’s growth centers on mergers with established
distributorships in major metropolitan markets. Through this, CIS
has already met 75% of its two-year sales goal. Baron projects the
firm will be among the industry’s 50 largest distributorships
within its second 12 months.
The merger brings four more salespeople to CIS, in addition to
MI founder Suzan Bresler, who will remain as team leader of the
New York office. “Suzan was at a point in her career where
she was spending time day-to-day on administrative duties. Joining
CIS gave her the opportunity to focus on her relationships with
clients. In the two months since the merger, her sales have shown
the system is working,” says Richard Spector, CIS vice president
of strategic development. All employees have been retained and computer
systems have been integrated with CIS’s main office, which
will handle matters such as order entry and billing. MI will now
operate under the CIS umbrella and ASI number.
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