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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...Promotional Products - What Type Works Best?There are many different facets to choosing promotional products that are going to work the best for you. You might have a bad experience with such items in the past, or you might have heard about someone who spent lots of money on such items and didn't see the results that they were looking for.
more...Franchisees - Tired of Wasting Your Marketing Dollars?What's the fastest, simplest and cheapest way to promote just about any franchise? Direct mail. Or more accurately, Postcards.
more...Promotional Keyrings Are Not Just For KeysKeyrings are helpful in storing the important keys and save them from getting lost. They are quite an important product and are useful for everyone. However, the keyrings are not only meant for keys. The promotional keyrings are used as promotional gifts by a number of companies. These promotional keyrings are gifted to the consumers and the business associates of the company so that they can be impressed with it.
more...Brainstorming Unique Promotional Business Gift IdeasIt can be hard to figure out new and exciting promotional business gift ideas every year. You don't want to go the lazy route and go with the tried and true, because every other business is doing that. You want to stand out, have your employees and clients looking at you in awe of your branding genius. What you need are some helpful tips to brainstorm new promotional gifts ideas.
more...Promotional Umbrellas for GolfersGolf is extremely popular among the rich and the famous. Businessmen, top mangers and executives, celebrities often de-stress themselves by playing a game of golf. Selecting the perfect promotional item for the elite section of the society is a very tedious job.
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more...Creating Brand Instrumentality Beyond The ProductThe main reason for the general fascination with brands is their ability to provide the consumers an extra value in addition to what the product/service/company themselves can provide. A value which becomes the major motivation for consumers to desire the product. Everybody agrees about that, but from here on it becomes foggy.
more...Small Business Marketing - Discovering More About Your CustomersCustomer research is a powerful tool in discovering more about how your customers think, feel and most importantly what motivates them to buy. Conducting customer research on a regular basis is also an integral part in developing an effective marketing plan that will attract and retain customers by better meeting their needs and desires.
more...Fishing For Ninja LessonsThe guy had a crazy look in his eye. Crazy and mean. He stared right at me, grinned wide with broken yellow teeth and held up his battered cardboard sign like it was a prized summer squash and I might be the judge who would finally make his County Fair dreams come true.
more...Marketing Tips for Promotional Merchandise Market:
• High quality, wooden or brushed metal corporate items also known as business items can be given to your top speakers or conference attendees for your event to be successful.
• 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.
• Promotion informs customers about the product and tries to encourage them to buy and some methods of promotional marketing include advertising, public relations, price reductions, free gifts, coupons, loyalty rewards and point-of-sale material, freebies and imprinted promotional merchandise.
• Promotional balls are very popular inflatable usually sold with logos and images and used during promotional activities.
• Promotional merchandise is widely used in all sorts of events as marketing giveaways.
• On many occasions when you purchase promotional items in bulk you also receive some kind of gift giveaways.
• 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.
• 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.
• Want to keep costs of marketing down? We have something for you in the form of promotional stickers; plain stock or printed version to be ready and on your doorstep, right on time so you can concentrate on planning your event.
• 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.
