Gather Information to Get More From Your Promotional Marketing Initiatives:

Capture Client Information to Maximize Your Sales Potential.

We all know the value of promotional marketing.

Or do we?

Think back to the last promotional marketing campaign you ran. Can you say with certainty how your organization benefited from that campaign? Do you know how much your return on investment was, how many leads you gained, or how your customer retention rate was affected? If the answer to these questions is no, then you may be missing out on a huge opportunity to get much more from your promotional marketing campaigns.

Much of the secret to realizing success in the promotional marketing world is to design your promotions to have a measurable end result. Without an expected end result, and a legitimate to track the results, you can never be sure of a campaign's success or failure. The examples below are a perfect illustration of why measurable results matter:

A. Salesman A attends the trade show every year. Between travel, fees and promotional items, he invests a significant amount of money into the trade show. He always orders some high-priced pens to take with him, so he has something nice to give his potential customers. Throughout the day, he talks to hundreds of people, handing out almost all of his promotional items, and at the end, he goes home to await the phone calls that inevitably come after the trade show. He knows that he gets more business, but has no idea how much, or what kind.

B. Salesman B attends the same trade show, brings the same pens, and has essentially the same booth, but instead of just handing out the promotional items, he politely asks for a business card in exchange. Once he arrives back at his office, he enters his stack of contact information into his computer - along with notes on who the potential hot leads may be. Throughout the next year, he tracks what sorts of customers he has gained from the trade show, and he can follow up with his hot leads immediately. He knows exactly how much income his trade show appearance is responsible for. Next year, he can make an informed decision whether the investment is worth it. He also has a gauge by which to determine the next year's relative success or failure.

There are so many ways to gather information on your promotional marketing campaigns. If you run a store front, you could offer a promotional item as an incentive with a purchase of a particular item. You can then track your sales throughout the promotion, and compare it to recent sales data to determine the relative profitability of the promotion. If it is successful, run it again at a later date. If not, scrap the idea and try something new.

Reward your customers for completing a survey. You will get more respondents, plus you'll get valuable data about how you are perceived by your customers. You'll also get feedback on how to better serve your clients and improve retention rates.

Getting more from your promotional marketing initiatives isn't difficult, it just takes a little more planning on the front end. Plan for some way to achieve a measurable result, and set goals for the promotion. When it comes time to make a decision on what sort of promotion to run next, you'll have reliable data to help you create a more successful campaign. To learn more about capturing customer data during your next promotion, contact Powertex. Give us a call today at (800) 588-7111, or email us a customerservice@powertexgroup.com.