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Gifts V Incentives
To recognise what an effective gift strategy is, it helps to understand what it isn't. Start by making the distinction between corporate gift giving and incentive award programs. Though gifts and incentive awards often involve similar types of recipients, they are different on both strategic and practical levels. Incentives are awards for achieving defined levels of activity, such as sales quotas, safety improvements, or good attendance.
In contrast, gifts are more or less spontaneous, given not as part of any defined exchange between giver and recipient. The gift recipient doesn't consciously set goals in anticipation of a reward, whereas the incentive recipient does. It's tempting to view gift and incentive programs in the same light. After all, you want to know that you're getting your money's worth from any business investment, and most givers want to motivate the recipient in one way or another.
But be careful. Leaving customers or employees with the impression that they're being bribed can do more harm than good. Instead, look at gift giving as a subtle, long-term process of relationship-building, following the basic guidelines described in this article.
Proven Testing Strategies for Better Direct Marketing ResultsOne of the central strengths of direct marketing is your ability to test, calculate the results, and make adjustments to boost profits and lower costs. And no matter how creative your company or ads might be, you must approach the testing process with logic and discipline. Here are a few tips for getting the full value out of your tests in any medium, including direct mail, print, and broadcast.
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more...Print on Demand Services Tips for Economical PublishingIt is only wise to get the most out of your money - expenditures can be an asset or a liability for businesses that is why money always matters. So when you put up the initiative to provide clients with catalogs, your employees with a newsletter, or your following with magazines, print on demand services can be one of the figures that will add up to your budget significantly. Making sure that you get your money's worth can be quite tricky if you don't know publishing or printing.
more...Are You Getting The Most Out Of Your Business Cards?This is often the mistake made by most business owners when they create their business cards - they always forget about the back side. Full color business cards, even those done by professional business card printing companies and paid for expensively, are considered a waste when you forget the back side. Not only that, you also waste your opportunity to promote more effectively by letting that available space go empty.
more...6 Reasons Why Publicity Is More Powerful Than Paid AdvertisingThe following 6 reasons why publicity is more powerful than paid advertising came out of a discussion that I had last night with the #1 authority on generating massive publicity for your business, Paul Hartunian. For people who are currently paying for advertising, this will be an eye opening article and will helpfully steer you in a better direction.
more...Free Advertising For Huge ProfitsWhen you run your own small business, or even a major franchise for that matter, your business will always cost you one of two things or both at the same time. These two things are time and money. In cases where you have a lot of money you can spend the money and save yourself time.
more...The Magic of Super Bowl AdsFor some, the Super Bowl commercials are more interesting than the big game. Here are some quick tips on what you can take away from the communication techniques of the spots.
more...The Strategy IS the BrandAbout 95% of what executives in competing companies do is pretty much the same all around. This is good management. If you are CEO'ing a wireless communication services provider services, you strive to put up an advanced technological infrastructure with a promising future, cool end-user phones, other devices and accessories, a great service system, attractive added-value services, and competitive prices.
more...Promotional Products As Business Gifts For StaffYou'll find a great deal of advice about choosing the appropriate business gifts for clients and important business connections, but far less is said about choosing business gifts for your staff. This is quite an oversight when you consider that your staff is among your most important business connections in the world of business.
more...Marketing Tips for Promotional Merchandise Market:
• Corporate or business gifts are a category of promotional items that companies use to inject new feel and image.
• Yes, it is very popular to engage the public in some kind of promotional activities using products that you sourced for the occasion. It works both ways as the customer associate the whole situation with your company and the product and can take it away and use it at their leisure.
• Use of promotional products in corporate marketing will help retain and grow your business.
• Wide range of promotional staff can be found here, anything fancy or simple with prices starting at few pence to suit your budget and desire to launch effective marketing campaign.
• What a great idea to use advertising giveaways and make your campaign unique and fresh.
• You have probably seen a car launch promotion or attended a national car show where pretty promotion girls are around, again it is a marketing trick to keep you amused and interested in the product and associate both with beauty and unique.
• Buying promotional items in bulk is a cheaper option and allows you to concentrate on more expensive part of your promotion.
• No matter how cheap your giveaways are, the effect is that your company is memorised and associated easily with the promotion.
• Wholesale promotional products are the cheapest option for your promotional campaign
• Promotional items always come with some sort of promotional print that is another way of informing, communicating or getting your message across to your clientele.
