Promo Marketing Feature: Are Promo Industry Firms So Desperate For Short-Term Gains That They’re Willing To Gamble Their Future?
Every July, Advertising Specialty Institute (ASI) publishes the annual State Of The Industry Report. The 2018 survey results reveal some very interesting and, quite frankly, disturbing facts about the state of product safety in the promotional products industry: It’s almost nonexistent.
30% spent $0
17% spent $1,000 dollars or less
25% spent $1,000 to $5,000
14% spent $5,000 – $25,000
14% spent $25,000+
And that’s not all. Looking ahead, the vast majority of suppliers don’t plan to boost product safety spending in 2019—even though 90 percent of their distributor customers feel a personal obligation to ensure the items they sell are safe.
If the vast majority of distributors recognize the importance of product safety, then why aren’t they demanding that suppliers get in the game? Why don’t these distributors move their business to suppliers that have compliance programs? Why isn’t anyone putting money where their mouth is?
As part of my role as QCA’s fractional marketing director, I was responsible for creating an earned media strategy that included publishing articles in several NAPCO titles. For the Promo Marketing Magazine article “Are Promo Industry Firms So Desperate For Short-Term Gains That They’re Willing To Gamble Their Future?,” I examine the issues and show how brand safety and responsible sourcing are selling tools that can be used to increase loyalty with existing customers as well as to convert prospects into clients.
Bottom line: If you want to land greater, more lucrative opportunities by working with larger companies, then you must not only understand and address the issues surrounding product safety and responsible sourcing, but also have third-party verification of the processes and documentation necessary to meet buyers’ demands. Otherwise, you don’t even get a seat at the table.
Want a winning hand? Stop being the joker and learn what it takes to get a straight flush (social responsibility, product safety, product quality, environmental stewardship and supply chain security). Stack the deck in your favor by reading the story here.
Takeaway: Content matters. And having additional ways of sharing your thought leadership beyond your own blog matters, too. By establishing relationships with industry publications and working with them on earned media opportunities, you can reach new audiences while building your brand, sharing your expertise and boosting your online reputation.Promo Marketing Feature: Are Promo Industry Firms So Desperate For Short-Term Gains That They’re Willing To Gamble Their Future? #productsafety #responsiblesourcing #contentmatters Click To Tweet
What’s Next: Media relations complements all your other marketing initiatives—websites, blogging, social media, email blasts, catalogs, printed collateral, direct mail campaigns and events. Regardless of economic climate, a targeted media relations plan can make effective use of your marketing dollars at a fraction of the cost of advertising. Plus, the implied third-party endorsement of being featured in publications positively impacts your corporate credibility.
If you’re interested in becoming the go-to expert for your favorite publications, we can develop a strategy that aligns your knowledge with the publications’ needs to craft a targeted pitch of your expertise. Then we can ghostwrite the articles when they say “yes!” Contact us to learn how we can work together.
Feedback: What did you think of this article? Do you use earned media as a part of your marketing strategy? If so, how do you use these articles to support the sales process? We’d love to learn more about your experience working with the media as well as how this article resonated with you. Drop us a line here and let’s get the conversation going.
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