Perceived Value: The Key to Better Promotional Merchandise Campaigns

Branded merchandise is one of the most powerful tools you have in your marketing toolbox. Sure, we sell promotional products. So, you can certainly expect that we’re a little biased on the subject. But years of studies prove us right. Done well, branded merchandise powerfully impacts human behavior.

These are all impressive numbers. But it assumes one very important thing. To create results like this, you need to use promotional products correctly.

Like any other media, promotional products can be done wastefully, in-artfully, and even irresponsibly. All marketing channels can be done well, or they can be done poorly.

Don’t believe me? Then just consider this billboard that asks you to stop texting and driving…while expecting you to read a paragraph.

bad media

The point is, if you want great results with any marketing vehicle, you need to do it well.

The same is certainly true with branded merchandise. I have often said, you get what you pay for in promo. If you want to represent your brand well, take the time to consider which product you put your brand on! It seems simple, but so many organizations just gloss over it!

At a basic level, the best branded merchandise is useful. As marketers, it’s easy to lose sight of that. We want the newest, cutest, shiniest branded piece…and those are fun.

But if you want your marketing message to stick, it needs to be useful to the people you give it to.

Want to have a promotional product with a great ROI? Focus on perceived value.

Some of the best branded merchandise campaigns are built around high perceived value. What is perceived value in promo? It simply means that your customers think you spent more on the item than you actually did.

Leveraging perceived value in promo is when you only spend $5 but create $10 of goodwill.

When you focus on high perceived value items, you create brand affinity and fix the appreciation gap with your customers. You show them how much you appreciate them. And you create promotions that stick around. People don’t toss items that are genuinely useful, that make their way into the everyday routines of your customer’s lives.

Which promotional items have the highest perceived value?

There are plenty of promotional products which meet these criteria. Useful promo items with a high perceived value are available at any price point. Knowing your audience, your market, and your target demographic helps narrow down your options to those that will give the biggest ROI in terms of goodwill (we can help with that, of course).

There are a few products that often do well across many demographics. Consider these…

  • Lip Balm: Lip Balm is an inexpensive marketing piece that outperforms its cost. Customers know lip balm retails for $2 to $3, but it will only cost you about $1, with your logo.
  • Vacuum Drinkware: Yeti has a great product. And the company has done an incredible job increasing the perceived value of this category. Work this to your advantage. Your customer thinks this product should cost $30, and you can do it for $10 or $15. You’ll dazzle your customers with your generosity. (As a side note, this is why I say you should never buy a Yeti in promo.)
  • Custom Calendar: Each year, people head to malls to spend $20 to $25 for their wall calendar. (Yes, people still use them.) Calendars let you put your marketing message on their wall (for a whole year) for just $5 to $7. Well, it’s a no-brainer.

These are just a few items that pass the perceived value test in branded merchandise. There are plenty more! Just make sure you spend the time to consider one simple question as you create your next campaign: Am I adding value?

Thanks for reading! Want to keep up with all of our content? You can do that here on our blog page. Oh…and now is a great time to upgrade your marketing education. Check out our FREE 5 Day Marketing Course here if you want to create more targeted and effective marketing.

The Difference Between Education and Learning

I was a terrible college student…when it came to education.  As it turns out though, I learned a lot.  You see, there is a difference between education and learning…and that is more apparent today than ever before.

Education is a form of teaching that happens TO you.  It is often forced upon you.  Education often includes vocabulary words, essays and pop quizzes.  While most people would contend that education is important, I never really enjoyed it.  I would do what I had to do (and nothing more) to fulfill the obligations of education.  Often, I went to class less than I should have.  I studied just as much as I needed to to get by.  And to be honest, I don’t remember very much of what I learned during my “education” in college..

I was much more interested in staying in my dorm room, playing guitar, writing lyrics and performing my amateur songs for anyone who would listen.  There was nothing formal about it.  I did not have to take any tests.  No one was looking over my shoulder.  But I was insatiable about listening or reading anything I could on the subject.  It had nothing to do with my education.

I was just learning.

As it turns out, the learning  I was doing, while college professors saw me blowing off their education DOES have value.  I was working to learn and improve my craft of playing guitar and songwriting.  In addition, by using those skills to create and write, I was forced to put myself “out there” regularly.  Sometimes the song was really well-received.  Sometimes it was a total flop.  It helped me to flex my creative muscle and be willing to try things that might not work with no guarantees.

It’s very similar, in fact, to what I do when I create content today.  It takes some creativity.  It takes some courage.  And it is all done with the idea that, if I keep doing it, I might get better.

So while I was struggling through education, I enjoyed learning very much.

That brings me to today.

We are living in a weird and different time.  Many people are working remote, and have more time on our hands.  But what are you going to do with it?  You can learn to speak a new language.  Maybe you can take the time to learn to play an instrument. It’s your choice if you want to learn something new.

And if you want to grow your understanding of marketing your organization, we would love to help.  We have created a 5 Day Marketing Course designed to help you create more effective and targeted marketing.  It’s free.  You can find the course here.  

We hope you will take the chance to learn…and let us know what you think!  Oh, and as always, feel free to keep up with all of our content on our blog here.

He Said She Said Podcast Episode 38

It’s time for Episode 38 of the He Said She Said Podcast with Hasseman Marketing!  This podcast is designed to give an inside look at being married and being entrepreneurs and the projects we are working on and the challenges we are facing!    We talk about business, family, community and more. So listen in and let us know what you think!

On this episode we talk about…

Trending Topic

This week Kirby and Amy talk about how life has changed during this crazy time.  It’s a reality and how we deal with it is important.  Do you just get sucked into all of the negativity or are you intentional?  Can you do something fun?  Here is a quick video they did for Formal Night at the Hasseman House.  Silly…but it’s useful to make it fun!  What ideas do you have to keep it fun and intentional?

Weekly Whirlwind

This week in the Weekly Whirlwind Amy gives a quick update on what she is doing to keep the building project rolling forward.  We even have a video if you want to catch up here.  Kirby gives an update on content, and jumping through the hoops of trying to find funding.

Lesson In Life

This week in the “lesson in life” Kirby and Amy talk about the importance of purpose.  Now more than ever, it’s important to maintain some purpose each day.  This does not have to be a “life’s purpose” but can just be a reason to get out of bed each day.  Again…be intentional.  What does that look like?

Shout Outs

Each week we want to give a shout out to an organization or an individual doing good work.  This week Amy leads the way talking about the heroes on the frontline of this crisis…in Healthcare!  Special thank you to all of those who are working SO hard to keep us safe.  Thank you!

So that’s a wrap!  Thanks for listening to Episode 38 of the He Said She Said Podcast!   Any feedback will be welcome as we try to provide you value!  If you want to subscribe you can do that where you normally get podcasts…or you can head here to follow on Soundcloud.

Thanks so much for listening!  If you have any topics you want Kirby and Amy to cover, please comment and let us know!  Oh…and if you like this content, check out this page where you can find all of the content we create!  

One final thing…we have created a 5 Day Marketing Course you can take for FREE.  There is no catch.  Learn more about it here.

Brand-ecdotes: Jay Sabine

At Hasseman Marketing, we are proud of the team that helps us “Deliver Marketing Joy” each and every day.  So we wanted to introduce you to some of our peeps with our series we call “Brand-ecdotes.”  Today we get to meet Jay Sabine.

jay sabine and family

What is something fun that not everyone knows about you?

There’s always music playing in my life!   In the background at home, or blasting from the speakers in the car (with the windows down of course), through headsets as I work in the yard, or my favorite – sitting around a fire with my family having “dance offs” and seeing who can “sing” the next lyric. I was lucky enough to be raised on the classics, so I am doing my best to continue that and share my love for a “great song” with my boys – as often as possible.

What is your all-time favorite Promotional Product and why?

Simple answer: the one that works best for the client’s agenda. My responsibility is to try to learn as much as possible about their campaign and then provide suggestions & ideas for them. Most clients already know what they’re looking for (hopefully),but more importantly they’re searching for a trusted partner to provide reliable products within their budget. Each opportunity generates it’s own list of best product solutions.

What is the current product you use all the time?

I’m a big Lip Balm & Hand Sanitizer guy!  I usually have both either in my car, house, bag or with me in my pockets. (I cannot go without lip balm – it just doesn’t feel right.) For promotional use: I think both are great trade show hand outs and sales call leave behind items. With custom label options you can create seasonal campaigns to keep your current message top of mind and mix up your rotation of products – leading to more impressions at an extremely competitive cost.

What is a company or brand that you admire and why?

Michael Jordan… Mars Blackmon… late 80’s/early 90’s… Black & White media… “It’s Gotta Be The Shoes!” The launch of Nike Air Jordan! It forever changed sports, clothing, marketing, etc.… and still competes today with brands born from this campaign.

What is your favorite part of “Delivering Marketing Joy?”

The evolution of the partnership. I appreciate the client that values promotional products, but hasn’t yet utilized all the benefits in their marketing strategies. Working in support of them, providing answers, taking one burden off their plate and delivering results to meet the expectations. The success of the collaboration isn’t judged until the next opportunity or re-order is presented and the cycle begins again.

If you want to learn more about us and the Hasseman Marketing team, check out our About Us page here!  And…you can always become one of our VIP’s.  Just sign up for our VIP newsletter here.

The 3 Things I Need To Hear

As I thought about what I could share in today’s blog, I continually asked myself a simple question.  “During this uneasy time, what does everyone need to read?  What do we need to hear?”  As I sat there thinking about it, I wondered the same for myself.  What do I need to hear?  Though I don’t have a definitive answer, and I don’t have a magic pill to make us all feel better, three things came to mind.  These are the things I long for each day.  I want these three things every day…but certainly now.

I want something to motivate me.

I need something to make me laugh.

I long for something to inspire me.

While we certainly try to create content that hits each of these marks sometimes, my goal today is to do all three!

Motivate Me

motivate me

We find ourselves in a new world where it’s hard to know what to do next.  Sure, we can work from home.  But are we really creating value?  Plus, working in this new normal seems so much harder (for some).  But during this strange and uncomfortable time, we have the ability to be pro-active in ways we might not have been able to do at the office.  Now is a great time to get after it, when your competitors are not.  You can come out of this stronger, if you are willing to get uncomfortable now.

And if that is not enough, how about Rocky Balboa giving a motivational speech?  Here you go!

Make Me Laugh

The good news, I think, is there is plenty on the internet that can make you smile.  The challenge is to find that content while avoiding the negativity.  It can be a daunting challenge to say the least.  (Hence this post).  Even in trying times we can maintain our sense of humor.  As a matter of fact, it’s more important than ever.  With that in mind, feel free to watch this fun video of my daughter trying to teach me a basic “jazz combo” she was teaching her dance students online.  It’s so silly…and that is the point.

Oh…and more silly is coming soon…so feel free to subscribe to the Youtube channel if you like that one!

Inspire Me

Despite the fact that the Coronavirus has been a crazy time, there has been countless stories that inspire me.  The best ones, I think, are the most simple.  After the silliness over toilet paper, I hear plenty of stories of neighbors helping neighbors with groceries, or work around their house.  Most of us have seen social media posts about young people helping seniors with things that needed done.  But the best way to inspire is to act.  Please be on the look out for ways to help in your area.  If you want to feel inspired, today is a great day to DO SOMETHING inspiring.

That might mean you need to help a neighbor.  It might be as simple as sending a note.  Or it might be sharing an inspiring story in the comments.  Let’s help to spread that inspiration today.  We can all use a splash of it!

The goal was to motivate, make you life (or at least smile), and inspire.  I hope you found a little of each in this post.   More importantly, I hope you ARE a little of each this week.

Make sure you never miss an update!  Find all of the latest content on our blog page here.  And you can sign up for our VIP weekly newsletter here as well!