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Here are some options, so you can get an idea of what might work for you. You can combine this strategy along with the customized items or gifts.

Sales Pricing

This can take the form of an advertised sale prices, or good with prices marked down on the package, or labels on the product that flag the amount of price reduction. The point is how you communicate that the item is on sale.

Coupon

Coupons have value only on redemption. Using coupons lets you keep precise track of your results. Coupons work especially well to encourage first-time trial or to promote larger purchases from current customers.

Sample

Sampling involves a free trial of the product. Offering free samples is a very appropriate way to increase initial trial by new customers. It’s a good way to build excitement when the sampling is timed to coincide with other promotional elements, such as an open house event.

Premium

Using premiums as promotional vehicles means giving away a gift with serviced value for the desire behaviors  (not necessarily a purchase). The quality of the gift may exchange the image of your product you are giving away. One of the most common uses of premium is the multiple-purchases vehicles. You encourage repeat purchases by requiring multiple purchases to receive the premium.

Games / Contests

Customers take part in becoming eligible for prizes. This is a great vehicle to choose because it enhances the product or service’s image through the excitement generated. Developing a contest that dramatized your unique selling proposition can be a good way to introduce new positioning. Customized gifts, such as mugs, can coolies and sometimes apparels are the best for the price.

Events

These are like games and contests, by simpler. The only customer participation required is showing up. Events can capture attention for new products of features. This is a good way to dramatize new innovations. Customized apparels is the best way to give during special events like this.

This is not a comprehensive list of all the promotional vehicles marketers use. It’s just a quick survey to stimulate your thinking. If you are in a business arena where promotions are common, you ought to think about educating yourself further on the subject. Look for books and seminars specifically on the topic, or visit with an ad agency in your area and ask about its experience with promotions.

For creating good promotional items or customized gifts, we can help you. Visit www.24HourWristbands.com. Talk to a Real Person Anytime 1-855-711-4467, Local number: 281-786-3764

Nick Colis

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