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Measure Results
To be confident of results from a promotional products
marketing program we recommend measuring it's effectiveness.
A well executed program can almost always have it's effectiveness
gauged by easy to measure metrics. The key to success is
to have both before and after figures, then barring other
factors, the difference in those figures is due to your
marketing efforts.
As an example, consider a fictional mobile car detailing
company. For the previous 2 years, this company has maintained
a list of it's clientele and sends quarterly reminders to
it's clients reminding them of it's services. With the reminder
is an offer for a 15% discount on their next detailing.
The company records the results of this endeavor and measures
that each quarter 35% of it's clients take up the 15% discount
offer through repeat business. In an effort to increase
the rate of repeat business the company decides to mail
a small low cost promotional product out with their offer.
The Direct Mail piece increases the rate of the mail being
opened and creates goodwill with the client. Furthermore,
the product is an automotive themed one which the client
places in the vehicle thus increasing brand recognition.
During the promotion period all other forms of advertising
remain the same and the same 15% discount offer applies
yet following the promotion the repeat rate rises from 35%
to 65%, an increase that is entirely attributable to the
inclusion of the promotional product with the offer. The
return on investment on this exercise can then be easily
calculated and the decision made to modify or continue the
program to further improve the results.
It's important to bear in mind that to be certain of your
results that measurements must be take both before and after
the promotion and other factors need to remain the same.
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