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Growth in terms of sales percentage is the ultimate objective behind any marketing strategy. Companies invest huge sums in advertisements through media, direct mailing and even telemarketing. But, what if they could cut down half the cost and gain an effective sales growth? Yes, this is possible with the use of promotional merchandise. It has been proved over experiments that the promotional products are far more efficient to draw in customers than other modes of advertisements. The reason for this holds ground in the individual reach and popular usage of these articles. Hence, the promotional items enjoy an edge in driving the sales prospect of a brand more than any other channel.
In the discussion below, let us track how the use of promotional merchandise can beef up the sales ratio of a brand –
Direct approach:
Here, the technique adopted is called “pull factor” in advertisement. The expensive varieties of corporate merchandise are offered as complementary objects with the purchase of the main brand product. This is a direct approach to the consumers wherein they are tempted by such giveaway. To this end, you can definitely observe an increasing number of consumer footfalls converting into sales.
Firstly, it is the existing consumer lot that largely involve in purchasing the brand. Now, this core audience group informs many other related audiences about the brand’s alluring offer. Thus, next it is the potential consumers that head towards the brand. In the attempt to obtain these gifts, they end up buying the brand's product as everyone would be lured towards getting something costly and useful for absolutely free.
Indirect approach:
The method applied in this approach is known as “push factor” in advertisement terms. Herein, no effort is made to attract the consumers with obvious free promotional gifts. But the endeavour is to generate a top of the mind presence of the brand. For this, promotional merchandise is distributed in various business events and advertisement campaigns. They include stuffs like pens, folders, keyrings, mugs, coasters, torches, notepads, umbrellas, bags, erasers, shirts and similar others.
These commodities are not only used regularly but also numerous times in a single day. Hence, each time they are brought into application the audience comes in visual contact with the branding imprints on them. On repeated exposure, the brand produces a strong impression on the audience memory. Thus, next time he/she goes to buy similar products as offered by the brand they inadvertently asks for this specific brand.
So, use promotional merchandise to boost up to the sales margin of your business.
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