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What Business Are We In, Anyway?

January 17th, 2009

There is an old sales axiom that points out that each year millions of drill bits are sold in spite of the fact that nobody really wants them. They want holes!

In a sense that’s how promotional products generally work–as tools for achieving an outcome. Of course, with hundreds of thousands of different items to choose from, it is easy to get seduced into thinking of our industry as just a lot of fascinating products to sell. However, to do so is to miss the true strategic value of what we have to offer.

At the most basic level we are in the recognition, communication, motivation, and promotion business. Our function is to help our clients solve business problems, to take advantage of business opportunities and to enjoy the results. To help us achieve our communication and motivation objectives we have hundreds of thousands of specialized tools at our disposal. These tools, by their tangible and useful nature, have advantages over many other communication media. For example:

• Ours is the most appreciated medium. It is the only advertising/promotion medium that people appreciate enough to thank the sponsor.

• Ours is the most lasting medium.

• Ours is the most targetable medium — even more so than direct mail alone.

• Our medium’s incentive nature makes it one of the most powerful behavior modification tools in business today.

• Our medium captures the power of tangible symbols in more ways and with more power than any other communication medium.

• Our medium has the potential of delivering the lowest possible cost per exposure to a pre-selected target.

• Our medium offers creative impact that other media simply cannot match, including: novelty, interactivity, appropriateness, usefulness over time, individual personalization, presentation interaction and third-party endorsements.

With these strategic advantages, our medium is ideal for giving people what they value most: (1) solutions to their problems, (2) ways of maximizing their opportunities and (3) a means of feeling good about these processes. Promotional products accomplish this through many varied programs which typically focus on some combination of:

• Communication

• Motivation

• Recognition

• Promotion

Virtually any business problem that involves motivating people can be solved with an effectively-designed program which implements one or more of these elements. Since our medium involves the distribution of promotional producs to individuals, once you define the audience it is possible to influence its actions in a profound way.

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  1. March 9th, 2009 at 22:57 | #1

    Well Done!!!!!!!!!!!!!!
    I do agree that Business Gift Ideas reinforce the brand.The ideas provided by you to reinforce the brand is really very helpful to increase general awareness of new business.

  2. March 31st, 2009 at 01:03 | #2

    I have just come across your site and would have to agree with the above comment, promotional or corporate gifts to indeed reinforce ones company brand, and its a fantastic why of advertising, as long as you target it correctly, and we all know that people like receiving free stuff

  3. April 1st, 2009 at 03:58 | #3

    I personally think that everyone likes to get things for free,
    free products are a really great way to promote your business and get your name out there
    It definitely is one of the best ways if you have direct
    contact with the people you deal with, be it on a daily or other basis.

  4. November 4th, 2009 at 21:25 | #4

    I am glad you mentioned usefulness over time and individual personalization as I think these are neglected often when gifts are purchased.

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