Article Directory :: Business - General Articles

Promotional Marketing Campaigns- Rules for Success

By Cyndi Walker

Subscribe to Cyndi Walker's RSS feed using any feed reader!

Republish: EasyPublish
Published: 29Sep2009
Word count: 1277
Viewed: 443 time(s)
Bookmark this article using any bookmark manager!
Get Free Content For Your Site

Promotional marketing means the same thing to most people as just "marketing," especially the non-marketing types. As if what we do is nothing but contests, coupons, and giving out free samples. While that is a part of marketing, promotional marketing is only one small fraction of the big umbrella that makes up Marketing (with a capital M). Promotional marketing means the same thing to most people as just "marketing," especially the non-marketing types. As if what we do is nothing but contests, coupons, and giving out free samples. While that is a part of marketing, promotional marketing is only one small fraction of the big umbrella that makes up Marketing (with a capital M).

Promotional marketing is the idea of promoting your product or service by attracting attention to potential customers. You see this quite a bit in places like grocery stores. The next time you're walking through your grocery store, count how many promotional marketing items you see: coupons to try a new brand of breakfast cereal, or the free samples of a new food item.

Car dealers and timeshare companies are also big fans of promotional marketing. How many "game cards" have you received from a local car dealer where you would win a prize if it showed up under the silver scratch-off discs.

But there's more to promotional marketing than just coupons and free items. Contests are another popular method of marketing promotions. Whether it's a bank giving you 30 seconds in a giant box filled with money and a large fan, letting you grab as many of the fluttering bills as you can, or it's a golf tournament that will give you a free car if you hit a hole in one on the 14th hole, contests are another great way to bring in potential new customers.

The most famous promotional marketing contest is the Publisher's Clearinghouse Sweepstakes, where you could win $1 million or more, as well as subscribe to different magazines. We went nuts for these when we were kids, begging our parents to please please enter, because we could win a million dollars!

The reason people respond to these promotional marketing campaigns is they're attracted to the large cash and prize giveaways. Sure, in our heads we know that the odds of winning are higher than the odds of being struck by lightning, but in our hearts, we hope we'll beat the odds just that one time.

Of course, promotional marketing experts are worried about the one person who does beat the odds, so promotional risk coverage is available for those promotional marketing campaigns that offer large prizes and cash to winners.

If you want to create a powerful promotional marketing campaign, there are a few things you need to keep in mind.

* Why are you holding the promotional marketing campaign in the first place? Is it to sell more product, collect names for your customer mailing list, or just to increase brand awareness?
* How will you measure success? Through increased sales, a bigger customer list, or based on the number of promotional marketing items you gave away? We don't recommend measuring this last item, because measuring the amount of money you spent does not always translate well to the amount of money you'll make from it. Just ask any auto racing promoter who spent $100,000 and didn't get a single sale as a result.
* Who is the marketing campaign geared toward? Is the promotional marketing item going to appeal to your target audience? If you're trying to reach young men between 18 - 34, a contest that has tickets to a football game will draw them in, while two free passes to a day spa will not.
* Are you looking for new customers or trying to reach existing ones? The kinds of promotional marketing items you give away will attract one group or another.
* Are you compliant with the state and federal laws? Do you have promotional risk coverage in case someone wins bigger than you thought they would? (Imagine how the car dealer must feel when someone hits that hole-in-one and wins a car he wasn't expecting to give away.) There are a lot of laws surrounding promotional marketing campaigns, and you could run afoul of laws without knowing it. Consult with a promotional marketing professional to make sure you run a clean campaign that doesn't get you into trouble down the road.

Car dealers and timeshare companies are also big fans of promotional marketing. How many "game cards" have you received from a local car dealer where you would win a prize if it showed up under the silver scratch-off discs.

But there's more to promotional marketing than just coupons and free items. Contests are another popular method of marketing promotions. Whether it's a bank giving you 30 seconds in a giant box filled with money and a large fan, letting you grab as many of the fluttering bills as you can, or it's a golf tournament that will give you a free car if you hit a hole in one on the 14th hole, contests are another great way to bring in potential new customers.

The most famous promotional marketing contest is the Publisher's Clearinghouse Sweepstakes, where you could win $1 million or more, as well as subscribe to different magazines. We went nuts for these when we were kids, begging our parents to please please enter, because we could win a million dollars!

The reason people respond to these promotional marketing campaigns is they're attracted to the large cash and prize giveaways. Sure, in our heads we know that the odds of winning are higher than the odds of being struck by lightning, but in our hearts, we hope we'll beat the odds just that one time.

Of course, promotional marketing experts are worried about the one person who does beat the odds, so promotional risk coverage is available for those promotional marketing campaigns that offer large prizes and cash to winners.

If you want to create a powerful promotional marketing campaign, there are a few things you need to keep in mind.

* Why are you holding the promotional marketing campaign in the first place? Is it to sell more product, collect names for your customer mailing list, or just to increase brand awareness?
* How will you measure success? Through increased sales, a bigger customer list, or based on the number of promotional marketing items you gave away? We don't recommend measuring this last item, because measuring the amount of money you spent does not always translate well to the amount of money you'll make from it. Just ask any auto racing promoter who spent $100,000 and didn't get a single sale as a result.
* Who is the marketing campaign geared toward? Is the promotional marketing item going to appeal to your target audience? If you're trying to reach young men between 18 - 34, a contest that has tickets to a football game will draw them in, while two free passes to a day spa will not.
* Are you looking for new customers or trying to reach existing ones? The kinds of promotional marketing items you give away will attract one group or another.
* Are you compliant with the state and federal laws? Do you have promotional risk coverage in case someone wins bigger than you thought they would? (Imagine how the car dealer must feel when someone hits that hole-in-one and wins a car he wasn't expecting to give away.) There are a lot of laws surrounding promotional marketing campaigns, and you could run afoul of laws without knowing it. Consult with a promotional marketing professional to make sure you run a clean campaign that doesn't get you into trouble down the road.

Promotional Currency (PC) is a digital promotions firm that specializes in entertainment promotions. PC merges digital technology, artist licensing and promotional risk coverage to deliver turnkey, fixed-cost solutions that meet the unique needs and budgets of the brand marketing or b2b marketing client. Products offered are: entertainment promotions, customer loyalty programs, promotional incentives, online promotions and mobile promotions.

Bookmark this article using any bookmark manager! Subscribe to Cyndi Walker's RSS feed using any feed reader!

EasyPublish™ this article - publishers click here

More articles by Cyndi Walker

Free Report!
Ten Essential Secrets Of Article Marketing ... Grab Your Free
Copy
Now:




We respect your privacy.


Need Content?
Regular Top Quality Content for your Blog, Ezine or Website ...
Delivered Direct,
For Free!

Click For Details



Arts & Entertainment
Automotive
Business - General
Computers & Technology
Finance & Investment
Food & Drink
Health & Fitness
Home & Family
Internet Marketing/Online Business
Legal
Pets & Animals
Politics & Government
Reference & Education
Religion & Faith
Self-Improvement/Motivation
Social
Sports & Recreation
Travel & Leisure
Writing & Speaking

More business articles:

  • Tips for Building passive house (Michail Kozlov)
    As construction of passive homes is going on full swing, there is a huge vacancy in construction jobs in London. London is going to build 1000s passive houses and this is going to open up a new vista of opportunities for job seekers. Just try to capitalize on this opportunity and try to get UK jobs in London as quickly as possible.

  • A Strategy for Running Effective Business Meetings (Thomas M Crea)
    Too often, business meetings are viewed as "unproductive". Effective business meetings require planning - Incorporate basic time management principles into your strategy.

  • Top 2 Cordless Rotary Hammers (Mallory Kramer)
    Benefit from the power and convenience of a cordless rotary hammer using the industry's very best models from Bosch and Makita.

  • Promotional Conference Folders And Why They Make Great Corporate Gifts (Francis Murphy)
    Promotional Folders distributed as business gifts offer a business a wonderful chance to promote their names or products.Read this article to learn more.

  • Explanation of LLC: What is an LLC, Why Create One, and How to Do Setup (Stephen Nelson)
    Seattle CPA Stephen L. Nelson answers the question, "what is an llc"?

  • CoSHH Assessment - The Fundamental Framework (Dale Allen)
    The article is looking at an essential CoSHH assessment structure to be followed by employers who have hazardous substances in their workplace.This is so as to protect the health of their employees. It is a tool which can be looked at as a means of guidance through the assessment process.

  • How does a holiday make you better at marketing and goal-setting? (Daniel Batten)
    A radical new look at how you can by-pass the "7 touch rule" in marketing and gain instant traction with customers, or by-pass "SMART" goal-setting and attain goals faster.

  • Foster Partnerships With the Competition (Maria Khalife)
    A really successful business person knows that competing cannot be factored into the formula for his or her success because they fence you in and limit what you can achieve due to this restriction.

  • Effective Postcard Advertising at Trade Shows (Luie De Von)
    Joining a trade show is one effective way to let people know about your business. In this article, learn how postcards can make your marketing plan more effective when handed out in a trade show.

We Automatically Distribute Articles
To Thousands Of Publishers And Web Sites:

Submit Article
All content is viewed and used by you at your own risk and we do not warrant the accuracy or reliability of any of the information. The views expressed are those of the individual contributing authors and not necessarily those of this web site, or its owner, Takanomi Limited.
 
Copyright © 2010 Takanomi Ltd. Company no. 5629683. All rights reserved. | Privacy | Legal | Contact Information