Comments on: Promotional Gifts - Giving on a Budget

By: Jerry

Jerry — Fri, 01 Jan 2010 10:25:55 +0000

I found your blog via Google while searching for make money from home by mailing postcard for businesses, thank you for posting Promotional Gifts - Giving on a Budget!

By: Jack

Jack — Mon, 24 Nov 2008 14:41:19 +0000

It really is going to be a long 2008, isn’t it?…

By: Andre

Andre — Thu, 06 Nov 2008 16:37:12 +0000

Off course we need budgeting on promotional gift. It’s best if a promotional gift price is just around 10%-30% of our net earning ( not selling price ). If the promotional gifts are too expensive, our business could be go bankrupt.
People often says that the biggest cost on company is from promotional section.
So, it’s better to set up carefully your promotion budget.

By: Gary

Gary — Mon, 03 Nov 2008 19:56:20 +0000

I agree that everything comes with a budget, especially for small businesses. But this where a business also becomes a consumer. I always tend to shop for whatever item I plan on giving to my customers, it’s just plain common sense. Granted, I also have stuck with one fullfillment company for years because of familiarity and quality but it never hurts to let them know that I do look! If you can take anything away from this article it is this…quality…no matter what you intend to give away..do’nt give away junk.

By: Arrow

Arrow — Fri, 31 Oct 2008 17:37:56 +0000

In most airlines they give free gift pen, but as soon as the ink gets over we do not want to keep them, so the pen is not probably a long lasting item to keep for long periods. The best promotional product maybe umbrella, but then it depends on the climate of the country. Countries like Hong Kong, wind cheaters may work better.

By: daniel

daniel — Wed, 29 Oct 2008 17:16:37 +0000

This article really provided a brilliant tips. Proper planning on promotional gifts will keep you on track from over budget. On the other side, don’t compromise even with the quality. We should think creatively to faced this situation. I believe that sometimes this really difficult to implement, isn’t?
I think we can try above tips as a guidelines. Then, suits wherever possible.

By: Simon

Simon — Thu, 09 Oct 2008 10:21:03 +0000

It sounds interesting but I am not sure that I agree with you completely….

By: Nicky

Nicky — Fri, 03 Oct 2008 15:13:31 +0000

Pikunka, I agree with you wholeheartedly. If you give a gift that is not going to be put to use, or will be discarded, you are simply wasting your time and money, and the person’s time who is recieving the gift. Making sure that your brand is represented in a way that may bring the customer back is important. To me, magnets are always useful and in your face, as are coffee cups. I use both when they are given. Pens are okay, but more often than not, the promotional pens I recieve are cheap, and discarded as quickly as they are given as soon as the ink runs out. (I can’t recall a time I’ve used a pen that was out of ink and called the company on the pen. )

By: pikunka

pikunka — Fri, 03 Oct 2008 13:23:47 +0000

having a business, you have to realise, thatthough promotions and promotional gifts are important, but cost is also a matter for your business. the key is to bring in balance the spending for promotional gifts, and the expected return from the promotion. After all you want to promote your brand to gain more recognition, not to lose money. This is what make important to choose the right products for your promotion costwise as well.

By: Nicky

Nicky — Wed, 01 Oct 2008 15:07:56 +0000

The most important criteria is to acheive economies of scale . As Niku said, the bulk purchases should be made.The three M’s should be used effectively and effeciently.i.e. Men , Money, Machinery.The company should not make compromise by minimising the quality standards,and should concentrate on above facts.