Statistics and More

The newest statistic Market Tools for PPAI showed was that out of the 1,005 consumers on their panel, 90.4 reported that they owned or possessed a promotional product that was given to them in the last 24 months!

How did they feel?

83% liked getting products, 48% wanted more products given more often, 30% liked it when the products had their name on it, 25% refer to the product for the advertiser’s contact information, 38% said it was a constant reminder for advertising that company, 49% are not bothered by seeing a corporate logo on products they use and only 2% disliked receiving promotional products!

What did they think?
73% thought it promoted a message or service
63% think it represents brand awareness
56% see these as an acknowledgement of business; thank you
32% think it created good will
25% feel it acknowledges a person or event
3% consider promotional items a waste of money

Among those that were asked, logoed gifts with a higher perceived value where seen as both a form of advertising and an acknowledgment by the recipient of their relationship with the company, by the way that was 59% of the group.

Did you know that 91% of consumers surveyed said at least one promotional product was in their kitchen? 74% sited at least one in their work space.

What were the top items that made respondents more likely to want to do business with a company after a logo gift? Gift basket, MP3 Player, clocks and watches, digital photo frames, luggage, golf shirts and t-shirts, wallets and tote bags! Hopefully you realized we can provide all of those items to our clients. We also use statistics like these to help educate our clients about how to spend their budget effectively for a high return on their investment. For example, last Christmas one of our clients asked for help with an idea for referral partners; while not a “new idea” the travel tumbler for the car seemed to fit for their demographic of referral partners. Initially they asked for a budget model to save money. When I asked if they owned any travel tumblers they said, “Oh yeah, at least 6”. I then asked them which ones they use; they replied, “only one”. I asked them to describe that favorite tumbler. Instantly they realized that it was a nicer product, so they used it more and were then creating a stronger relationship with the referral partner and advertising their name more frequently. Market research suggests that most sales come from referrals. What’s that ole cliché? “You get what you pay for?”