Who's Who
Advertiser (Buyer):
The company that buys the product from the distributor to use as a
promotional tool; the promotional consultant's client.
Promotional Consultant (Distributor): The promotional consultant develops solutions
to marketing challenges through the innovative use of promotional products
and is a resource to corporate buyers, marketing professionals and others.
Supplier:
A promotional products company that manufactures, imports, converts,
imprints or otherwise produces or processes promotional products offered for
sale through promotional consultants.
What's What
Account Opener:
Premium given to customers as a reward or thank you for opening an account.
Advance Premium:
Premium given to new customers on condition they will earn it by later
purchases.
Award:
Recognition merchandise, often personalized, used to acclaim performance or
milestones; may be useful objects (paperweights, clocks) or for display only
(plaques, trophies).
Bonded Premium:
Point-of-purchase premium attached to a product by a bond of plastic, paper
or tape.
Business Gift:
Merchandise given by a business in goodwill, without obligation to its
customers, employees, friends and the like. Often, this business gift
is not imprinted with the advertiser's identification. Come companies
prohibit employees from accepting business gifts.
Collateral Materials:
Advertising materials that are not transmitted to consumers via advertising
media. Collateral materials include catalogs, shelf cards, posters,
specifications sheets and trade information materials.
Collectibles:
Premiums designed to have inherent value based upon their perceived "collectibility."
Commemorative:
A merchandise keepsake used to mark a ceremony, anniversary, event, or
milestone.
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Container Premium: A product container, which when empty, may be used as
a container for other items. These items are usually partially or
completely self-liquidating since the consumer pays for the products.
Continuity Premiums: A series of related premiums offered over a period
of six to eight weeks.
Dealer
Incentive: Premium or other reward given by a manufacturer to
retailers or distributors in return for a specified bulk purchase.
Dealer
Premiums/Dealer Programs: Premiums offered to retailers who meet certain
sales or performance standards.
Direct
Premium: An item given free with a purchase at the time of the purchase.
These include on-packs, in-packs, and container premiums as well as those
given separately.
Door
Opener: An item of value offered by a salesperson to persuade potential
buyers to listen to a sales presentation or to initiate interest in a
product or service for a sales call follow-up.
Giveaway: Direct premium given free of charge or obligation to generate
awareness and/or goodwill.
Host
Gifts/Hosts Incentives: A gift or premium given by a party plan operator
to a consumer who agrees to be the host for a demonstration party. The
value of the gift is usually proportional to the amount of sales at the
party.
Incentive: Reward for a purchase or performance.
In-Pack:
A premium offered inside a product package.
Keeper:
A premium offered in direct-mail marketing for accepting a free trial of the
sale merchandise and to be kept by the consumer even if the trial item is
returned.
On-Pack:
A direct premium attached to the exterior of a product package or sometimes
riding with it in a special sleeve, carton or film wrap.
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Premium:
A product or service offered free or at a reduced price if the recipient
performs some task, such as purchasing an item or meeting a sales quota.
Prize:
Reward given to a winner in a contest, sweepstakes, or lottery, sometimes
referred to as a sales incentive award.
Recognition Merchandise: Award, often personalized, used to acclaim
performance or milestones; may be useful objects (paperweights, clocks) or
for display only (plaques, trophies).
Referral Premium: A premium offered to customers for helping sell a
product or service to friends or associates.
How It’s
Done
Advocacy Advertising: Advertising that is specifically designed to
induce, discourage, or advocate some specific kind of action on the part of
a corporate, social, or government entity.
Bounce
Back: An advertisement sent along with an already self-liquidating
premium to sell other premiums on a self-liquidating basis.
Combination Sale: A tie-in of a premium with a purchase at combination
prices; sometimes self-liquidating; often an on-pack.
Contest:
A competition based on skill, in which prizes are offered.
Continuity Program: An offer of products over time.
Direct
Mail: A mailing of a package, other print collateral or materials that
are targeted directly to a predefined list of customers.
Marketing Mix: Combining marketing elements, including advertising,
promotional products, direct mail and public relations, into one cohesive
marketing program.
Traffic
Builder: A promotional product or premium designed to get consumers to
come to a store or a tradeshow. |