Offering a giveaway ensures that close to 75% of recipients buy from a company, compared to a similarly known company that didn’t provide such an item. Furthermore, an impressive 83% of customers develop stronger loyalty to brands that offer them promotional products, reinforcing their connection with the brand they already shop with.
These stats prove why businesses rely on promotional merchandise to build customer loyalty and retention. Most businesses view investing in promotional merch as a standard practice. This is because the market is highly saturated with other businesses offering the same services or products. It is important to stand out and this is a job carved out for personalized giveaways.
Cultivating A new thought process
Customer loyalty is the outcome of exceptional customer service and customer satisfaction. Loyalty is also directly proportional to the overall quality of your products and services. It measures the likeliness of a customer to opt for your services again.
Unfortunately, it is difficult to generate loyalty overnight. This is because you need to establish positive customer experiences over time. One way to do this is through rewards. There are many giveaways that can be used as rewards, and these can create a long-lasting impression on your target audience. Let us look at how you should be using giveaways to connect with your target audience:
- As brand awareness tools
When customers wear or use your giveaways, they become brand ambassadors for your company. They will help spread word about your business to family and friends. You can also distribute giveaways at events and trade shows to reach a wider audience.
- As part of a customer loyalty program
A customer loyalty program gives your customers an extra bonus to do more business with your brand. Start by launching a points-based program. This will provide customers with an opportunity to collect points and redeem them for exciting giveaways such as personalized mugs and t-shirts.
- As part of a referral program
Launching loyalty programs and the art of acquiring new customers and are completely different strategies. A loyalty program is aimed at existing customers. Go one step ahead and use referral programs to gain new customers through your existing customers. People trust recommendations provided by people they know, and this is a clever way to gain new and loyal customers.
- As birthday gifts
Make your customers feel special by sending them top-quality gifts such as drinkware as surprise birthday gifts. It gives these customers an opportunity to remember your brand with fondness. And they will be inclined to do more business with you.
- As employee incentives
Promotional items help employees feel valued, ensuring they stay loyal to your company. Offer giveaways as employee incentives to create a positive and well-liked work environment while increasing employee loyalty. Giveaways can also serve as rewards for top-performing employees. This further helps to create a culture of success and excellence in the company.
- As Thank You gifts
Send thank you notes to customers along with promotional items to boost customer loyalty. This helps to create a positive experience for customers, ensuring they keep coming back for more. This also leads to word-of-mouth referrals that will boost your business big time.
Need more tips on fostering boosting customer loyalty? Contact our team at info@promodirect.com or 1-800-748-6150 and we will provide timely advice to help your brand leap ahead of competition.