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Research

Although there's hard evidence relating corporate gift giving to increased business activity, it won't exactly give you the confidence to make specific return-on-investment projections in your marketing plan. Chances are you won't be expected to come up with that kind of hard data anyway.

The Promotional Products Association International conducts regular surveys of corporate gift givers and recipients. A recent one shows that vendors who gave were twice as likely to increase their chances of being contacted by customers as those that didn't have a gift program.

Harry & David, a gourmet food company that's a big player in corporate gifts, routinely sends gift packages to some 25,000 customers who spend more than £500 a year with the company. Company research, comparing a control group of 5,000 prime customers receiving gifts with a similar group that didn't, revealed that the former increased their purchases by much more than the latter.

Even if your company isn't up for that kind of research, it doesn't mean you can't have a strategy. As long as you do it right, gift giving will help to build the relationships that are the lifeblood of your business.

Marketing Tips for Promotional Merchandise Market:

• Corporate or business gifts are a category of promotional items that companies use to inject new feel and image.
• You give away, you do not loose. On the contrary, your brand gets a new feel, your customers are happy and most important, 'word of mouth' works in your favour.
• Personalized corporate gifts can include a company logo, name, address or an image and can be supplied in various colours.
• Promotional merchandise is widely used in all sorts of events as marketing giveaways.
• New, flashy (lanyards) are a hit in promotional products industry.
• 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.
• Giveaway, freebie, promotional item; all of these are just examples of free items to be iced in your marketing campaign.
• Chrome, stainless steel, silver; all well known metal merchandise is very popular as very attractive corporate items.
• When preparing your campaign you are most likely to prepare promotion list that will include a group of products to be given for free.
• 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.


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