Monday, September 16, 2013

Promotional Products Work

So, into September and I've relaunched Community Communication Ltd as a marketing service, with a specialism in promotional products.  And by good fortune, the 3rd week in September (16th to 20th) is the first national Promotional Products Week, a great platform to tell people how well promotional products work and position me and my business at the same time.

Now I've studied this and seen some quite compelling statistics that demonstrate how well Promotional Products Work.  The infographic below illustrates some headline stat's showing they are much more effective at building loyalty and getting recipients to take action.

A little test - have you been given an item of branded promotional merchandise?  And did you keep and use it?  Most people I've asked this question answer yes and yes, which hints at the power of promotional products.  But just why are promotional products so effective, why do promotional products work?
My theory why promotional products work effectively is because they have an impact at so many levels.  At an emotional level, they give recipients a warm feeling of being appreciated which helps build liking towards the giver.  At a logical level, promotional merchandise is tangible products, imprinted with branding or a marketing message, that has a high degree of longevity and durability; particularly if the product is practical rather than novel, it is likely to be kept and used as an enduring reminder of the giver.  And at a psychological level, the Law of Reciprocity means if someone receives a gift, they are likely to want to give back, which translates to increased customer loyalty and customer lifetime value for the giver.

However, promotional products aren't a 'one trick pony' and will not be fully effective unless used as part of a planned Marketing Strategy.  They complement certain marketing campaigns to give added impact and are well worth considering in the marketing mix.  Preliminary thought needs to be given to the target market - who is the right who for you?  Next, additional thought needs to go into the message that you want to deliver to your market.  Then the appropriate media to get your message across ... and keep it there.  This is the stage to consider whether promotional products can add to the impact and success of your campaign.

Yet despite the compelling evidence, promotional merchandise accounts for a tiny amount of marketing expenditure.  Of the £33 billion total marketing spend in the UK, only about £760 million is directed towards promotional products.  This suggests this powerful medium is under-utilised, especially by smaller businesses and organisations, and the use of such merchandise could help them stand out in their market place.

It's in relation to this that I want to bring added value.  My website www.communitycommunication.co.uk shows the levels of service I offer to help business owners, managers and marketers of SMEs and Voluntary or Charitable Organisations generate more leads, convert these to engaged, paying customers, and increase customer lifetime value.

John Dunwell

2 comments:

  1. Nice article. Promotional products are indeed cost effective marketing tool. Everyone loves free stuff, customer will surely use the item with your company name and logo which promotes brand awareness for your business. It also makes them feel valued and appreciated. For selection of promo items from Australia you may also want to visit http://www.davarni.com.au/

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  2. I usually go after the pens and mints as far as promotional products go at trade shows!

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