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Thursday, October 8, 2015

How can you reap benefits from promotional products?

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In the marketing section of any business promotional products play a crucial role to enhance the essence of the brand. It helps create awareness amongst the audience crowd. For many years small business owners have used cutomised promotional items such as promotional T-shirts, notepads, promotional calendars, engraved pens and key chains with their brand name engraved on the item in order to advertise themselves to the given audience. If the business does not have enough to put-in for mainstream advertising knowing how expensive it can be can use this method to advertise their products. The problem is that many small business owners don’t know the benefits they can extract from this kind of advertising and are unable to get the most of it. We will discuss the ways you can get the most out of this form of traditional advertising to make your sales go north.
This kind of advertising helps reach out to a specific set of audience. It is more important to reach the people who count rather the ones that don’t so much. For say, it is absolutely useless to advertise a baby soap to a bachelor dude with no baby. The promotional strategies should be carefully planned in order to work meticulously. The items given away shouldn’t be misinterpreted as an act of business charity. It should be used properly in order to be fruitful for your business.
Let me explain you how exactly promotional products work. See, they are useful articles of merchandise that flash the brands name in order to advertise the company. They are not earned or awarded in exchange of a purchase. They are given to customers or potential customers without any strings attached. We witness the presence of such articles in our day-to-day lives. You come across cigarette lighters, paperweights, pens, and t-shirt that are used for promotion.
Strategically planned distribution of these products should not be mistaken for a simple distribution. In order to attain business boost through such tactics, you need to establish proper objectives.
Setting up objectives
·         Determining the target audience: - It is quintessential to understand the target audience. The business should perform proper research in order to obtain relevant data regarding the audience. If you know what kind of demography will attract more business than you are good to go.
·         Distribution method: - There are various ways to distribute promotional items to the proposed audience. It can be done over the counter, by a second party whose business is somewhere related to the advertiser or by sales executives directly.

·         Theme: - The theme for the promotion should be carefully selected. It should cover all the aspects of the planned promotion. It should directly relate to the campaign. A theme is what gives the campaign an identity, knots it all together and makes it an unforgettable memory.

·         Selecting the promotional item: - Picking up the right promotional product is an important factor. It takes allot of brain storming in order to get the item right. The main factor to be considered is the budget that you have in mind. Let’s say its 5000 INR, and you have to reach a crowd of a hundred people, that makes it 50 INR per person. You can pick up pen or a keychain as the proposed product.

·         Implementation: - Each and every plan strategized needs to be implemented; otherwise it will never see the light. Once you are clear with how and when you are going to promote, starting implementing them in real time.

·         Evaluate: - Obviously, you want to know how well your strategy did work out for your business. As an efficient business owner you should analyse the results of your campaign. Did the campaign do well? Were you able to get the results that you were looking for? And what were the downsides of the plan. All these should be thought through by the individual.

Proper techniques followed while promoting your products can go a long way for you business.

5 comments:

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