How Promotional Products Can Boost Your Business
Promotional products are a powerful tool to increase your brand recognition, generate leads, and ingratiate your business to consumers. What may appear as a simple branded tote, mug, or t-shirt is actually a highly strategic and effective advertising strategy ². Promotional products can increase brand awareness and help businesses make a great first impression. They also keep your name in front of new customers and sales prospects long after initial contact ¹.
Using promotional items strategically can help businesses increase leads, sales, customer loyalty and brand awareness ¹. Promotional products can also influence not only the recipient but the people in their networks too, giving businesses a social lift and an important catalyst for word-of-mouth marketing ¹³.
According to a study done by Promotional Products Association International (PPAI), 76.2% of people who received promotional products in the past two years were able to remember the actual product, the company, and the message associated with the promotional item ⁴. This shows that businesses that use promotional items increase their likelihood of being remembered by customers.
Here are some ways promotional products can boost your business:
1. **Increase Brand Awareness**: Promotional products are an effective way to increase brand awareness. They help businesses make a great first impression and keep their name in front of new customers long after initial contact.
2. **Generate Leads**: Promotional products can be used as incentives for potential customers to provide their contact information. This can help businesses generate leads and build their customer base.
3. **Improve Customer Loyalty**: Promotional products can be used as rewards for loyal customers. This can help businesses improve customer loyalty and retain their existing customer base.
4. **Cost-Effective Advertising**: Promotional products are a cost-effective way to advertise your business. They have a lower cost per impression than traditional advertising methods like TV or radio ads.
5. **Increase Sales**: Promotional products can be used as incentives for customers to make a purchase. This can help businesses increase sales and revenue.
In conclusion, promotional products are an effective way to boost your business. They can increase brand awareness, generate leads, improve customer loyalty, provide cost-effective advertising, and increase sales. By using promotional items strategically, businesses can achieve their marketing goals while staying within their budget.