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This presentation looks into promotional products and whether they are useful marketing tools for businesses. As an extremely large industry and something that consumers enjoy receiving, it's definitely popular - but is it effective? http://www.shopletpromos.com/
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Promotional Products? Do they work? http://www.shopletpromos.com/
Three Important Questions • Are they used often by successful companies? • Do consumers enjoy them? • Most importantly… ARE THEY EFFECTIVE?
Are Promotional Products Used Often? • 80% of ALL consumers owned a Promotional Product in the past year • 2011 – Promotional Product sales totaled over $17 BILLION • These sales include over 20 categories of customizable products
Industry Stats Industry Sales Volume in Billions
How Do Consumers Feel About Promotional Products? • 83% of consumers enjoy receiving promotional items • 60% of recipients of promotional items keep them for at least one year • 48% want more!
What We Know: • Businesses use them frequently • Consumers really enjoy them but... • BUT ARE THEY EFFECTIVE?
Recall, Recognition, Sales • 87% remember the advertiser after wearing their product • 76% could recall product, company, and message • 42% had a MORE favorable impression after receiving promotional product
Recall, Recognition, Sales • 62% have done business with advertiser after receiving promotional product • 24% of those that hadn’t done business yet claim they are more likely to do business in the future
Promotional Product Overview • Promotional Products is a giant industry • Most consumers LOVE promotional items • They significantly help recognition and recall • They help generate sales
Sources • http://www.ppai.org • http://www.asicentral.com