|
Promotional
Using Promotional Products to Market Your Business
In today’s information-intensive world, it’s hard for any
business to attract potential customers. But promotional
products offer a unique opportunity to get your company's name
out to its target market — and keep it there.
The promotional items you pick are limited only by your own
creativity.
They can range from market-proven goods such as calendars,
coffee mugs and baseball caps to innovative items such as candy
and nuts, stadium blankets, toy cars and trucks, and first aid
kits, all bearing your logo and contact information. For ideas,
see From Refrigerator Magnets to Golf Balls: Promotional
Products for Branding.
But no matter what route you take or what items you select, be
sure you maximize your investment. Here are a few tips to make
the most of this time-tested sales and marketing resource:
Set clear goals for your promotion. Think about what you want
these products to do for your business. Should they build
awareness of your company? Boost sales? Provide a way to thank
your customers? Have clear goals in mind from the start so you
can purchase items that make sense for your business.
Set a budget and stick to it. Putting your logo on a coffee mug
or a mouse pad tells customers that you’ve arrived and you’re in
business for the long haul. Avoid overspending: Identify your
costs up front, factor them into your overall marketing budget
and pricing strategy, and keep careful track of all expenses —
especially indirect costs like shipping and handling and
storage.
Seek out partnership opportunities. If you'd like to offer gifts
at your event, ask one of your suppliers to share the cost. In
exchange, recognize them by placing their logo on the gift.
Joint promotional efforts strengthen relationships with
suppliers and make a statement about your commitment.
Recognize the limited shelf life of most promotional products.
Don't buy more than you need. A lot of businesses have
stockrooms full of outdated promotional items.
Promotional items can be a silent salesperson for your products
or services. Keeping these tips in mind will help you make the
most of your promotional items' potential.
# Attract new customers
# Increase repeat business
# Inspire customer loyalty
# Improve client relations
# Reactivate old accounts
# Support sales by dealers
# Encourage innovation
# Establish name recognition
# Create a good reputation
# Celebrate anniversaries
# Solidify corporate identity
# Motive sales staff
# Commemorate special events
# Build an image
# Promote safety, teamwork and productivity
# Stimulate trade show traffic
# Announce sales
# Cultivate goodwill in the community
# Express appreciation
# Apologize for a lapse in service
# Get attention
# Solve problems
|