In today’s fast paced digital world, the best form of advertising is online and social media right?
Wrong.
In many cases, you are better off marketing with promotional products. You know, those pens/bags/shirts/mugs/other random assortment of items branded with a company’s name and logo.
Sure, you may roll your eyes a bit when you get a pen from your dentist. Gee thanks I’ve always wanted a dentist pen. But you still own the pen don’t you? And you still see that dentist don’t you?
The promotional products industry is valued to be more than $21 billion for one clear reason: it works.
There are a number of reasons why your small business can benefit from marketing with promotional products.
More Bang for Your Buck
The cost per impression tends to be among the lowest for promotional products compared to other methods of advertising.
Newspapers: 3.2¢
Prime-time TV: 2.5¢
Targeted mobile: 1¢
Internet: .7¢
Promotional product: .7¢
For highly cost effective marketing, go with Internet or promotional products. But as the following reasons show, promotional products often edge out Internet in other arenas.
Customers View Promotional Products Highest
When ranking different forms of advertising, consumers rank promotional products as the most highly regarded form. Internet advertising came in sixth and mobile advertising came in seventh. Put your money where the consumer trust is.
Customer Generation
Promotional products help at every stage of customer generation.
For raising awareness among the target audience, promotional products lead to 22% more referrals and 14% more leads. Promotional products also help increase response rates to direct mail marketing by 50%.
Promotional products create a favorable view of the company in 76% of people.
For turning leads into customers, promotional products turn 52% of people into customers.
Promotional products help you reach your target audience, woo your target audience, and convert your target audience into customers.
Customers Better Remember Your Company
Consumers remember your company better when it shows up as a promotional product over other forms of advertising.
They say 76.1% of consumers can remember the company name off of a promotional item given to them in past year. Only 53% could remember from a TV or print ad they saw in the last month. A mere 27% could recall from an online ad.
There are a few possible explanations for this discrepancy. Customers are blasted with online ads every day, so they learn to tune them out (or install ad blocker). Customers are not bombarded with promotional products daily, so the ad stands out.
Promotional products also lead to repeat exposure, while an online, TV, or print ad does not. There, the customer sees the ad once. With a promotional product, they can see it multiple times. About 73% of consumers used the promotional product in the last week and 45.2% used it at least once a day. And 58% of consumers keep the promotional product from between one year to four years. That’s a lot of exposure, helping customers better remember your company.
A Case for Promotional Products
Choosing the right advertising medium for your company is a never ending quest. Various factors affect the “best” option at this given moment: the budget, the campaign project, the target audience, etc.
Promotional products are unfortunately often overlooked as a solution in today’s electronic world, but they should not be. Promotional products may be exactly what you need for marketing your company! That simple pen/bag/shirt/mug/other random item could be the ticket to capturing the attention (and the payment) of your target audience.
If you want assistance implementing a promotional product marketing campaign, Alpine Small Business Solutions is here for you! Just give us a call or shoot us an email to get started.