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Research
Although there's hard evidence relating corporate gift giving to increased business activity, it won't exactly give you the confidence to make specific return-on-investment projections in your marketing plan. Chances are you won't be expected to come up with that kind of hard data anyway.
The Promotional Products Association International conducts regular surveys of corporate gift givers and recipients. A recent one shows that vendors who gave were twice as likely to increase their chances of being contacted by customers as those that didn't have a gift program.
Harry & David, a gourmet food company that's a big player in corporate gifts, routinely sends gift packages to some 25,000 customers who spend more than £500 a year with the company. Company research, comparing a control group of 5,000 prime customers receiving gifts with a similar group that didn't, revealed that the former increased their purchases by much more than the latter.
Even if your company isn't up for that kind of research, it doesn't mean you can't have a strategy. As long as you do it right, gift giving will help to build the relationships that are the lifeblood of your business.
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more...Buying the Perfect Business GiftsHave you ever been in a quandary about what kinds of business gifts to buy? Don't fret, anyone who has ever had to make these decisions has been in the same quandary and knows exactly how you feel. This article is going to give your some ideas to use to help you in deciding what your company or organisation will give as a business corporate gift.
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more...4 Tips for Successful Product MarketingWhen it comes to product marketing, everyone thinks they are an expert, but few can produce results. Why is this so? Most of the problem comes from marketing books, seminars, and courses that detract from the heart of marketing: translating features into benefits. Much of today's marketing is based on product hype . However, the simple truth of the matter is that people buy things to gain pleasure or avoid some sort of pain. It is critical to understand this as it is the supporting motivation for every purchase no matter how little or large it may be. Think about the last two items you purchased. Why did you buy them? You can boil every purchase down to gaining pleasure or avoiding pain.
more...Business Gifts - How to Make Your OwnBusiness gifts are perhaps the most important part of a company; especially an online business. When you are running different businesses online and selling products with those businesses, what you are going to want to do is to have two types of business corporate gifts that you just give away.
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more...The Oracle of Omaha - Warren Buffet Builds A Brand That LastsAmerica has a love-hate relationship with its top billionaires. But not with Warren Buffet - he is an affable business icon. The second richest man in the world according to Forbes magazine is a business guru for Bill Gates, the richest man in the world. The legendary stock investment trader was so revered in the market that during the 1970s the mere news that he is going to buy a stock shot up the price of that stock by 10%.
more...Advertising Strategies That WorkAdvertising is a vital part of any successful business or campaign, but in a rapidly changing world, deciding on the best advertising strategy for your particular situation can be daunting. As our society becomes more and more technologically advanced, new advertising options crop up every day, and the most trusted methods of the past become tired and ineffective. With all of the different advertising choices to make, how can you be absolutely sure that the one you pick is going to be exactly what the doctor ordered?
more...Employer Branding - The Secret to Attracting Job ApplicantsIt's the key to finding and retaining employees in today's hotly contested labour market. IBM uses it. So does L'Oreal, Deloitte, American Express, Starbucks, Research in Motion and Intel. Quite simply, people want to work for them. But why? What is their secret?
more...Promotional Umbrellas for Launching New ProductsThere are a large number of products spilling over the market today. You could simply keep counting the number of products in your nearby store endlessly for days. Within every product line itself you can find a vast plethora of brands vying for the customer's attention.
more...Marketing Tips for Promotional Merchandise Market:
• When marketing your products you need to create a successful mix of the right product sold at the right price and right place, but most important, using the most suitable promotion and the way to do it is to budget for price promotion or free items.
• Promotional merchandise is widely used in all company promotions, whether small or big.
• Using golf promotional merchandise is becoming a very popular way in the events industry
• Giveaways with imprinted logo are a form of visual communication with customers
• Giveaway, freebie, promotional item; all of these are just examples of free items to be iced in your marketing 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.
• In the recent years online promotions are a phenomena of online marketing but still use some types of promotional merchandise that can be sent to clients.
• Want to please your bosses or merging with another company-corporate gifts is a must.
• If you are not sure, you can personalize your promotional items using a range of techniques, colours and designs to suit your marketing campaign.
• Promo giveaways or freebies are always eye-catching and create an enormous interest from the public.