I have consistently thought that merchandising promotions were broadly applied but not very well thought out. Promotional marketing in a number of ways is a basically good plan for a wide array of things. You can hand out pens, calculators, or other modest gadgets with your product name on it. This is a technique to spend little money on an advertising campaign this will generate some degree of name recognition. The issue of how effectual these promotional merchandising campaigns are is open, though. If I open my pen cabinet, I will unearth hundreds of promotional pencils and pens in there, but I couldn't name a solitary brand offhand. Unless you sell a thing such as stationary which individuals associate with pens, these type of promotional giveaways are nothing but a waste of money.
In my humble opinion - and I always tell my customers this - niche marketing promotions should only be done for distinctive purposes. Guerrilla marketing can work wonderfully depending on what kind of product you sell, but the niche marketing promotion must be carefully tailored. Just going out in to a public square and holding a contest or giving away a product will not generate any business for you at all. You have to think strategically.
One of my favorite places to do niche marketing campaigns is at clubs and bars. When folks are drinking, they will do what they can to win anything. Whether you're giving away shot glasses, food, drink mixers, or just T-shirts, people will get focused on your merchandising promotion. If they get to come home with a keepsake of their night, they will forever relate it with the fun of going out partying with friends. This is what rewarding merchandising promotions try and do - create those versions of positive associations around your product or brand name.
Hot summer afternoons are also a great time for marketing campaigns. If you're willing to spend a few thousand dollars giving away free drinks in a crowded public thoroughfare, people will absolutely love you. Even if you are giving out something that doesn't strictly go along with the weather - such as a salty snack - people will still be appreciative as long as they get a bit of water with it. If you can catch people at an unguarded minute, you can gain their brand loyalty before they even know what hit them. That's what lucrative merchandising campaigns are all about. Leave the brand-name pens at home!
The Principles Of Marketing - Not Necessarily The Exact Same As The Principles Of Publicity I felt that I knew the principles of advertising pretty well, but I knew that my lack of education in the field was holding me back. Basically, even though I was highly educated, I did not have any background in the principles of merchandising.
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