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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.
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more...Digital Narrowcasting and The Customer ExperienceAlthough the technology behind digital narrowcasting has been around for many years, it is only recently that its potential has come to be understood. Retailers and service providers, like banks, stand to benefit greatly from digital narrowcasting, not only by increasing sales, but also by improving customer experience.
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more...Promotional Gifts - Defining Your LifestylePromotional gifts should be in accordance with the life style of the recipients. This adds value to your gifts and brings value to the person who receives it. If your items are in accordance with your client's preferences then he will talk about it with his acquaintances thus giving your company free publicity.
more...Creating Powerful Newsletter ProgramsCreating a strong newsletter program for your company can be a dynamic public relations tool that keeps you in touch with current clients, and puts your name in front of prospects on a regular basis. This article teaches you how to build and structure a successful newsletter program that will continually give you publicity and build goodwill with clients and prospects.
more...Specification Redundancy in Offset Printing and How to Use ThemOne main advantage of offset printing as against digital printing is the ease and affordability of printing in very large quantities of as much as a few thousand pieces. With offset you get the best savings possible with the discounted rate for bulk orders.
more...How to Generate Marketing Keepers, Not Sleepers - Part IIDo you find yourself tossing your hard earned small business dollars into direct mail campaigns, newsletter mailings or other client acquisition or retention efforts that just don't give you a good return? It may be that your marketing is putting your audience to sleep. Read this weeks article to find out how to wake them up!
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Brand Effectiveness Key to Membership Growth - Part 2In Part One, we discussed using in-depth member survey work to boost the visibility, awareness and effectiveness of your organization's brand, and how it can directly impact your ability to recruit and retain members. If your organization isn't the first thing member prospects think of when they turn to industry issues, there's work to be done.
more...The Power Of Brands And How They Are Built!Is a brand new red Ferrari stopping near a traffic signal just a car and means of transportation? It's more than a means of transportation. It's a lifestyle. If a car was just a car there wouldn't be so many models and so many price ranges. There are reasons why people buy such cars.
more...Marketing Tips for Promotional Merchandise Market:
• Most of your customers are probably big fans of golf so it is worth getting some small golf giveaways.
• Whether you fancy cups or mugs, using them as promotional giveaways is always a good and effective way to promote anything from medicines, sweets to cars and large, company giants.
• 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.
• Pharmaceutical companies are the largest providers of custom giveaways and are highly recognised by their brands and names.
• Free promotional items also known as advertising giveaways are a way to market your company in a unique way even on a limited budget.
• Giveaways with imprinted logo are a form of visual communication with customers
• Promotion is the business of communicating with customers and it will provide information that will assist them in making a decision to purchase a product or service, therefore use of boards and promotional signs are very essential to get noticed and encourage your target group to take part in the promotion.
• New, flashy (lanyards) are a hit in promotional products industry.
• Promotional logo merchandise is widely used by large, chain companies as a way of expanding and improving the brand.
• Corporate or business gifts are a category of promotional items that companies use to inject new feel and image.