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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.

Marketing Tips for Promotional Merchandise Market:

• Chrome, stainless steel, silver; all well known metal merchandise is very popular as very attractive corporate items.
• On many occasions when you purchase promotional items in bulk you also receive some kind of gift giveaways.
• Promotional merchandise is widely used in all sorts of events as marketing giveaways.
• National promotions are usually planned around new car launches and receive a huge interest from public eye; therefore unique products are always in demand.
• Sales promotion can be done using simple free giveaways or visual promotional items.
• Promotional balls are very popular inflatable usually sold with logos and images and used during promotional activities.
• Promotional logo merchandise is widely used by large, chain companies as a way of expanding and improving the brand.
• You have probably seen a car launch promotion or attended a national car show where pretty promotion girls are around, again it is a marketing trick to keep you amused and interested in the product and associate both with beauty and unique.
• How about personalized giveaways for your most valuable customers?
• 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.


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