Senin, 18 Mei 2009

Marketing


By: Lottie Carrot

How does a business excel? One would say by its quality of products and services. But, how does a customer come to know that the business has these perks to offer? It needs a pair of wings called marketing. Also, with globalization every firm needs to employ various innovative marketing techniques for maturing their business. One of the most prominent styles is inculcating a tradition of issuing promotional products. These build a brand name which benefits the business immensely.

While buying a product every customer demands full worth for their money he or she pays. But to delight one, an extra effort can be made. This is in the form of additional products along with the mainstream ones. These products not only serve well in retaining the current customers but also in attracting new ones. They fall into a variety of categories ranging from a small mug or pen to watches. As far as clients are concerned a certain level of discretion is expected. For instance, it is highly subjective whether a client will like a t-shirt with a certain company logo over it. So, the winning formula needs a perfect rendezvous of taste and need of the end user.

Products such as these are the basic means for raising consciousness among people about the brand of the firm. The products for promotion depend upon the quality and quantity of the clients. Buying expensive products for the regular consumers can be fruitful. On the other hand, smaller customers can be given more moderate valued products. But, one should also not forget to attract a new giant customer by giving a major discount or certain valuable products for free. No matter whatever the choice business should proliferate from one customer to another by word of mouth or a small distributable thing like a pen bearing the company name.

The environment for initiating the distribution of such products is equally important. A party, conference or a large public event can be considered good scenarios where the promotional products can be distributed amongst large chunks of people. This is a best practice when the target market is not concentrated. All in all, the momentum of promotion should be cost effective and there should be a professional approach in terms of marketing. It should lead to increased number of customers and less overhead expenses to deal with. With a well charted methodology promotional products can do wonders.

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