Beware eshots promising miracles!
Thursday, June 3rd, 2010Take my industry for example, promotional merchandise. Surely its beauty is the combination of its competitive pricing structure versus its long-term viability. For example, if a business invests in 500 branded promotional mugs you’re probably looking at about £1.50 to £1.75 each. Now the chances are that 95% of those mugs are going to remain on the recipient’s desk for at least 2 years…excellent value for money.
So why would I recommend to my customers to invest in a World Cup 2010 promotional product. By its own definition, it has a limited lifespan. And it if all goes pear-shaped for England this year, there is a very strong possibility that the item will be quickly dispensed with as soon as they are out of the competition!
Don’t get me wrong, of course there is a place for themed promotional items to support a product launch. Promotional pens, caps, carrier bags are all widely used to promote films, events etc. But the problem with sporting events is that they bring emotion into the business arena and when events take a turn for the worse, your promotional item will end up in the bin.
My conclusion is to just look at things logically. The size of the promotional merchandise marketplace in the UK is a clear indicator that businesses see it as a viable use of their marketing budgets…and that should indicate that they work! But limit the promotional product chosen in any way – size, theme, and usability – and your are limiting its lifespan and so negate the main selling point about promotional items…their cost effectiveness.
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About the Author:
Ian Feingold is a Director of Code Promotional Merchandise, an online supplier of promotional products and business gifts to businesses, charities and public sector organisations with products including promotional pens, promotional mugs, promotional umbrellas, promotional desk top items and eco friendly promotional giveaways.
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