Wednesday, September 15, 2010

Promotional Coupons to Aid Corporate Branding


Recently, vouchers and coupons have began to replace gifts and rewards. Although they are practical, how welcome are these? And in what situations are your customers willing to accept them? Nowadays, immediately after you open a magazine, you will see vouchers and coupons for promotional items. Various stores distribute coupons of loyalty and they have a system of points to accumulate in order to win various prizes or free products. For the companies' coupons and vouchers when used as promotional items are one of the most effective ways of corporate branding.
To promote their products, entrepreneurs adopt the fashion of coupons and vouchers. The coupon has the logo of the company, the address and other data that help the customers to find the company to make an order. The vouchers usually represent an attractive discount for the company's product and services.
The fact is that vouchers are a convenient and cheap way to attract new customers and to draw attention to the company's products and services. However, they constrain the person who receives them to use them with the promoting company. For example, if you receive a coupon with 25% discount for a fitness subscription, you can not ask for its amount in cash, you have to pay for the fitness subscription; thus successfully generating new business.
I guess that for all of us it is natural to benefit from a discounted price, but to what extent varies form person to person. I know many women who collect discount coupons for promotional items as children collect stickers, they are very excited about. However it varies from person to person whether they use them or not. Many women believe that these coupons encourage continued spending and buying. Moreover, promotional coupons and vouchers often provide substantial benefits.
The best way to use promotional vouches is with an e-mail flyer or magazine advertisement. Here you will not only get a space to advertise your company, but give the reader an attractive offer they can't refuse. Corporate branding is all about effective advertisement and promotional coupons can really keep a campaign fresh and alive.
Using promotional coupons encourages new business; this in turn contributes to corporate branding. A coupon is an encouragement for a customer to make a purchase or sale as they feel they are getting a bargain. They not only give the customer value for money, but also give them an incentive to make a purchase there and then. Therefore, you must use coupons and vouchers as promotional items for your company and see the wonders they do for your brand.

3 comments:

  1. For sure coupons are very good marketing strategy which works in many ways - first customer follow up, 2nd brand building and 3rd offering a promotion.

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  2. Generally I think it is a good idea for brand building. Coupons, testimonials books, welcome packs and freebies are thing that will promote your brand the best.

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  3. Coupons have always worked very well for me. Great way for promotion, especially if affiliate program is implemented.

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