Promotional Products Work. It’s Just A Matter Of Fact. Insert Name Insert Title Insert Company Name
What is a Promotional Product? Items used to promote a product, service or company program including: • advertising specialties • premiums • incentives • business gifts • awards • prizes • commemoratives • other imprinted or decorated items
Promotional Products: An $15.6 Billion Industry • Top Product Categories • Wearables • Writing Instruments • Bags • Calendars • Drinkware • Desk/Office Accessories • Recognition • Games • Housewares • Sporting Goods
“Supermarket” Economy Today’s consumers are offered a plethora of choices at every turn
The Ad Avoider(insert scary movie music) A 2007 study conducted by Microsoft and Starcom found that 10 – 15% of adults between the ages of 17 and 35 go out of their way to dodge traditional advertising, branding them “Ad Avoiders”
The Promotional Product Difference Promotional products are a sensory medium. Adding your message to a tangible product turns an ordinary message into a marketing experience your audience can smell, taste, see, hear and touch.
Other Advantages • Audience Focused • Tangible and long-lasting • Impact easily measured • Easily distributed (viral) • Higher perceived value • Complements targeted marketing • Complements other advertising media
Promotional Products Are Memorable Promotional products have the unique ability to build a relationship with consumers: • Once you accept the product – we have a relationship. That relationship will continue throughout the useful life of the product. • Your relationship with most other media begins when you see it and ends when you look away.
Do You Remember… • How a yellow wrist bandraised awareness and money for cancer research? • Thatt-shirtyou stood in line to get at the radio station? • Themugyou use, with the name of your favorite specialty shop where you buy your morning coffee? • When one fast food restaurant sold out of kid’s meals because of a bean bag toy? You remember them, and so do others!
Numbers Don’t Lie According to a 2009 study, conducted by PPAI and fielded through MarketTools, Inc. : • More than half of consumers have a favorable impression of the advertiser on a promotional product • 20% of consumers make a purchase after receiving a promotional product • 83% of consumers could recall an advertiser from a promotional product • 8 out of 10 people like receiving promotional products, while 7 out of 10 people find online advertising annoying
Synergy(promotional products even play well with others!) 2006 study proves the addition of promotional products actually increases favorability ratings toward print and television ads • Adding a promotional product to the media mix (print and television) increased brand interest (69 percent) and a good impression of the brand (84 percent). • Integrating a promotional product with television and print also increased referral value by 52 percent and message credibility by 60 percent. Source: 2006 study of 18-34 year olds conducted by researchers at Louisiana State University and the University of Texas at San Antonio
4 Steps to Maximize The Effectiveness of Promotional Products
1: Identify Your Goals/Objectives • What kind of response am I looking for? • What do I want to accomplish? • What are all my product options? • How much do I have to spend on the products? • At what point will the response justify the budget?
2: Enlist The Expertise Of A Promotional Consultant • Beyond just selling products • Vast product resources • Latest trends, technologies and processes • Experienced advice • Saves you money • Experts in the industry • www.promoideas.org
3: Plan Your Campaign An overall campaign should include and incorporate at least some the following considerations: • Program/campaign theme • Target audience • Intended response • Workable budget • Realistic timeline • Method of distribution
4: Evaluate Your Campaign Results • Did you meet your goals? • What worked? What didn’t work? • Did you accomplish anything you had not expected or planned on? • How can you improve the next campaign? • What would you do differently next time?
Additional Resources www.promoideas.org • Keys to a successful promotional campaigns • Research and industry stats • Award-winning case studies • Search engine to locate a promotional consultant in your area
Promotional Products Association International(say that three times fast) PPAI is the promotional products industry’s only international trade association offering education, technology, tradeshows and legislative support to it more than 7,500 global members comprised of those who make and sell promotional products. • Suppliers/Manufacturers: manufacture, import, decorate products • Promotional Consultants: consult with clients (marketers) to research, develop and deliver effective programs to achieve maximum results