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The Value Of Corporate Gifts
Gareth Parkin
What is the value of corporate gifts to your company? A lot of companies underestimate how important giving gifts to their staff and their value clients can be, as they do not understand what the longer term effects of this practice are. In a word, the most important benefit your company will reap from giving gifts is trust. Your staff will trust you, and so will your clients. Giving something of value to a person shows on a basic level that you are prepared to commit resources to giving them something for free.
This sends a powerful message to that person that they are valued by your company. If you invest some time into choosing your gift for the person in mind you can greatly enhance this impact. If someone receives a gift that was clearly picked out with them in mind, it can be a huge ego boost! Any company who gives out such gifts to their executives and potential clients will quickly find itself very popular, but this isn’t the only benefit of giving corporate gifts, and popularity alone does not sell products.
More importantly than increasing your popularity in the eyes of your staff, clients and competitors, corporate gifts add value to your company. When people receive a high quality gift (as a corporate gift should be high quality) they automatically link your company with the quality of the gift and the thought behind it. When it comes down to choosing a supplier for whichever product or service you offer, your company’s name will be first on a lot of lips.
This is the basic rationale behind giving away gifts as promotional items. Even if you only give them away to your staff, make sure they carry your logo. Even if only their family see the item, this is still a great way to promote your company’s name. If you give a high quality gift it is bound to be noticed, and that element of high quality will be associated with your logo, provided it is placed prominently on the item.
Some good ideas for corporate gifts to give to your clients include golf accessories (if you know they are interested in golf – maybe only give out at golf days), promotional cooler bags and outdoor equipment, as well as gadgetry for the busy executive. Hand held PDAs, GPS systems, travel kits and anything else you can think of that a busy executive might need, but not have.
Often if you look carefully enough you can find something that most people would not have even known existed before. If you manage to get hold of a gift like this, the impressing power of your gifts will really be something worth while. Remember that if you give valuable corporate gifts, that value will eventually find its way back to your company.
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