Posts Tagged ‘promotional products statistics’

Groundhog comes out of hiding to announce 2012 Mardi Gras promotional strategies

January 9th, 2012

The Groundhog spokesperson (who asked to remain anonymous,) reported that Fat Tuesday or Shrove Tuesday falls on February 21 of 2012. When asked why Groundhogs would emerge uncharacteristically early with this announcement, he issued the following statement:

“We might not look like a bunch of party animals, but we see real opportunity in promoting ourselves around this celebration. Granted, we didn’t really think of this in the most timely manner, but there are vendors that can meet our last minute Mardi Gras beads needs, including full-color decal medallions to customize our message.”

When asked how they were intending to capitalize on the use of throw beads, the Groundhog provided us with a short list of creative ways to promote with Mardi Gras beads.

  1. Sponsor a Mardi Gras Night event as a way to create brand awareness.
  2. Look for opportunities surrounding corporate, stadium, or tradeshow events around Mardi Gras to provide a memorable give-away item.
  3. Make fundraising festive! Makes a unique direct mail outreach. Add a QR Code on the decal to direct people to online donation URL’s.

When asked why throw beads were their choice over other items, he replied that they were cool, quick to produce, and people love them.

“They keep Mardi Gras beads around long after the event is over. The residual impression rate helps us out during periods of hibernation . . .  Laissez les bons temps rouler!”  Let the good times roll . . .

Three tips on integrating QR codes and promotional products

August 15th, 2011

I came across a great article about QR codes on the Content Marketing Institute’s blog that I thought was really relevant to the advertising specialties industry. It is a discussion of how to think of QR strategically and how the best intentions can fall flat at the implementation phase.

Why bother? A recent recent report published by ScanLife, estimates that 30-40% of all smart phone users have, at one time, downloaded a bar code scanning application. Another stat for you, there was a 1,600% increase in mobile bar code scanning in 2010. QR is mainstreaming fast and has become a powerful marketing tool.

Many times we think we have a great idea and fail to test. See the Content Marketing Institute article for some great examples of good promotional ideas gone wrong. QR is a powerful tool and can be used really effectively with promotional products – the right promotional products.

1. Flat = Legibility
Make sure the QR code will be displayed flat, not with folds or bumps that can compromise a QR code reader and impact the effectiveness of your campaign.

2. Destination Insurance 
Add a printed message as an alternative for those who need it. While this technology is mainstreaming, it is still new to some.

3. Test, Test, Test!
Make sure the sample works with the widest variety of phones/readers to ensure that the code can be easily read.

The Art of Competition: Are we hard-wired for engagement?

March 30th, 2011

There’s a plate of cookies on your kitchen table. Your son and daughter notice the cookies, and they both ask for one.

Your response . . . only one of them can have a cookie, and there will be a contest to determine who gets it.

Wait — you would never do that, right? Because you know what will happen. By turning the cookie into a potentially unattainable prize instead of a simple giveaway, you’ve created a dramatically increased demand for the cookie. Suddenly, that cookie is the hottest thing since molded silicone bandz.

In the world of sibling rivalry, this scenario is a nightmare. In the world of branding, advertising specialties, or promotional products, it’s a gold mine.

The desire to win and be rewarded with a prize: it’s part of human nature. We’re hard-wired for competition.

Contests don’t just create buzz; they facilitate engagement. Branded promotional products can make your logo and your brand part of that engagement.

According to a 2010 study by the Advertising Specialties Institute
- People in the U.S. own nearly 10 promotional products on average
- Promotional products are kept for an average of 5.6 months.
- 41% of those who have received a promotional product indicate their opinion of the advertiser was more favorable after receiving a promotional product.

Just think what happens to that favorable impression when there’s all the lasting buzz of a contest involved. The fun and spirit of competition combined with focused, engaged attention on your brand: now that’s even sweeter than a plate of cookies.

Six Reasons Promotional Products Build Brand Awareness

March 3rd, 2011

Looking for a cost effective way to get your brand or business out there? 

Here are some fun findings from the Global Advertising Specialties Impressions Study (released in 2010 by the Advertising Specialties Institute) that underscore the return on investment in promotional products.

 

#1  Affordable
At $0.005 in the United States and $0.004 in Canada, the cost per impression of promotional products was significantly less expensive than TV, National Magazines, and Spot Radio.

#2  Mindshare
83% of those surveyed indicated they could identify the advertiser on a promotional product they owned.

#3  Engagement
41% of respondents in the United States indicated that their opinion of the advertiser was more favorable after receiving a promotional product. 47% of Canadians thought more highly of the advertiser.

#4  Staying Power
The average length of time a respondent from the United States reported keeping an item was 5.4 months. Canadian respondents kept theirs slightly longer at 5.7 months.

#5  Usefulness
Respondents from the United States and Canada reported using their promotional products 18.2 times a month.

#6  Perceived Value
62%
of respondent in the United States indicated that they will pass along a promotional item they do not intend to keep for themselves to others.

Still don’t buy it? Test the theory. Check your bag, cupboard, desk, or closet. Bet you discover that you have more promotional products than you knew!

IMC Trend Report: From Pop Culture to Promotional Products

February 24th, 2011

You don’t need to be a professional trend spotter to notice when a pop culture phenomenon has taken hold of the public’s attention. Rather than watching the craze from afar, savvy marketers become active participants in these phenomena.

Infusing your logo into a pop culture powerhouse is like an instant facelift for the brand. What brand can’t benefit from a jolt of on-trend freshness?

It’s a marketing no-brainer: When the market experiences a hot new pop culture trend, the public’s demand for the product has already been demonstrated. All a company has to do is introduce a well-conceived promotional product at the right time, through the right avenues and aimed at the right customers.

83% of people in the U.S indicated they can identify the advertiser on a promotional product they own, and 41% say their opinon of an advertiser is more favorable after receiving a promotional product.

Translating popular trends into unique advertising specialties is far from a new idea. Pop culture products have been successfully permeating the promotional marketing space for decades, and the industry’s getting better at it with every new craze.

Here are just a few examples of items with pop culture presence and promotional power:

     1997 – Beanie Babies

    1999Mardi Gras Beads

    2009Molded Silicone Bandz

    2011Ionic Sports Accessories

The best pop culture/promotional product crossovers don’t just grab attention; they make an indelible impression. When it comes to consumer recall rate, research shows that promotional products tower over TV, print and online advertising.

Promotional products generate a 15-50% higher consumer recall rate than TV, print and online advertising.

The key to success lies in recognizing an up-and-coming trend and knowing how to infuse your brand to maximize potential and resonate with the public. Find a skilled partner who has been through the process before and knows how to capitalize on a trend.

Why shouldn’t your brand be part of the next big trend?

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[i] Visnevsky, Jennifer “Promo Products Rule ROI” Advantages February, 2011 [http://advantages-digital.com/publication/?i=58573&p=109]

[ii] PPAI research via http://www.ppai.org/research and http://www.youtube.com/user/PPAIHeadquarters#p/u/29/8yjZF0d1Wny

More Industry Statistics on Promotional Products

March 3rd, 2010

Another stats video from PPAI. Crazy busy this week. Will try to post more original content next time. There are some good statistics in this piece regarding retention rates for advertising specialties.

They really do tend to cut through clutter. I was at a Science Fair (yes, I am geeky) this weekend and was pleasantly surprised at the number of promotional products at the event. People were beside themselves to sign up for a variety of give-away items. The assortment went from jersey’s and plush, on down to small items like pens and magnets.

Too bad I forgot my flip video camera. It would have made a great “real life” interview opportunity. Instead you will have to make due with my second hand account of happy people glorying in thier good fortune of obtaining another promotional product.

I have to say, I was quite disappointed that I left empty handed and I am in this business. Oh well. Maybe next time.

Study results from PPAI on Promo Products

February 24th, 2010

Thought that this was an entertaining way to present dry statistical material. Great job by PPAI!

Retention rates for promotional products are very high and people do use them in everyday life. See my previous blog post for some real life “open your purse” moments underscoring the power of promotional products.