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The Ethics of Giving
Before giving any gift, you should know if either the giving or receiving company has policies regarding gifts. The most extreme are the no-gift policies that became popular in the late 1980s, partly as a result of scandals involving gifts and partly as a reaction to the perceived excesses of that decade.
More common are restrictions placed on the value of a gift or on situations in which gifts may be given. Ask the potential recipient if his or her company publishes an ethics handbook or has any policy on receiving gifts. If so, then follow it to the letter.
A few words of advice:
- Giving gifts during a bidding process is a definite no-no, even if a holiday happens to fall during this time.
- Lavish gifts, such as cars and luxury vacations, are suspect and should be used only after careful consideration.
- Even when there isn't a stated restriction, be careful not to create the wrong impression with a gift. Anything that might embarrass your recipient or lead to a reprimand can sabotage a valuable relationship.
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more...Building Brand Loyalty With Exclusive Corporate GiftsIf you are trying to get your company's name out into the public sphere, one of the best things to do is start building brand loyalty with exclusive corporate gifts. Google is notorious for giving away great corporate gifts and for this reason, their brand recognition is even more cemented.
more...4 Sure-Fire Ways to Attract New Customers Eager to Buy Your ProductAfter a lot of hard work, you finally have a great product or product line, but you're not sure how to tell people about it. Though it's tempting to dive headfirst into marketing your business, promoting your product without first defining your target market is wasting resources you may not have a lot of.
more...Why Discounting is Bad for BusinessDiscounting is a short term fix with long term consequences! While there is some disparity among experts, most say that even in the current marketplace, discounting can cause long term damage to your overall business success. According to many, discounting is a costly strategy for retailers. While the book called, You Can Compete, suggests that discounting will double retail sales, most data points towards a business disaster. There are several successful alternatives to discounting that are available for your business.
more...Business Gifts - A Great DealWe all know that a good deal of doing business involves charming our contacts. You want as many contacts on your side as possible because contacts can bring new contacts and opportunities your way.
more...Marketing Tips for Promotional Merchandise Market:
• Whether you are launching a product, marketing an item or want to increase customer satisfaction, business giveaways are always a good idea.
• Unique promotional items can be used in marketing of your company brand in order to increase the visibility of your company in the sector it operates.
• If you are new and still growing, product giveaways are a cheap option for the marketing of new products or services you offer.
• Promotional balls are very popular inflatable usually sold with logos and images and used during promotional activities.
• In your campaign, the target group needs to be made aware of the existence and availability of the product through promotional marketing and some freebies should be made available.
• What a great idea to use advertising giveaways and make your campaign unique and fresh.
• New, flashy (lanyards) are a hit in promotional products industry.
• Chrome, stainless steel, silver; all well known metal merchandise is very popular as very attractive corporate items.
• 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.
• If you want to impress your clients then choose promotional antistress balls, as they are a great, highly desired business item.
