2
2018 Promotional Products Fact Sheet 3125 Skyway Circle North, Irving, Texas 75038 888-I-AM-PPAI (426-7724) www.ppai.org www.PromotionalProductsWork.org What Is The Value Of A Promotional Product? Because the products are useful and appreciated by recipients, they are retained and used, repeating the imprinted message many times without added cost to the advertiser. What Is PPAI? Promotional Products Association International is the only international not-for- profit trade association for the promotional products industry. The Association offers education, technology, tradeshows, business products and services, and legislative support to its more than 15,000 global member companies. PPAI has celebrated 114 years of service to the promotional products industry and its members, making it one of the oldest trade associations in the United States. Source: PPAI 2017 Sales Volume Study Sales By Product Category DID YOU KNOW? The promotional products industry consists of 40,546 companies and 489,065 industry jobs. How Is The Industry Structured? • A 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 wanting to increase brand awareness, tradeshow traffic, employee retention and more. • Suppliers manufacture, import, convert, imprint or otherwise produce or process products offered for sale through promotional products consultants. • As the trade association for the promotional products industry, PPAI represents the interests of both member and nonmember promotional product companies, more than 40,000 U.S. companies providing more than 500,000 U.S. jobs. Top Ten Buyers Source: PPAI 2017 Buyer Marketplace Study Business Services Education Financial Manufacturing Healthcare Construction Insurance Technology Non-Profit Agriculture Top Ten Uses Brand Recognition Brand/Product Awareness Corporate Identity Public Relations & Goodwill Customer Retention & Appreciation Generate Sales & Referrals Employee Communications & Recognition New Product Introduction Motivate Behaviors & Incentive Programs New Customer Acquisition Source: PPAI 2014 Buyer Behavior Study Source: PPAI 2017-18 Little Black Book 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 13.2 14.9 17.9 16.6 15.6 16.3 17.3 18.0 18.8 19.4 18.1 15.6 16.6 17.7 18.5 19.8 20.0 20.8 21.3 23.3 Drinkware 8.4% Travel 6.3% Bag 5.4% Wallet 0.9% Writing 6.6% Automotiv 3.5% Technology 5.6% Awards 3.0% Recreation 1.6% Time 2.9% Magnets 1.3% Packaging 0.8% Personal 1.5% Pets 0.4% Spirit 0.6% Other 3.0% Desk 2.8% Health 2.3% Beauty & Hygiene 1.3% Medical & Safety 1.0% Entertainment 2.3% Toys 1.4% Games 0.9% Home 2.0% Kitchen 1.0% Tools 1.0% Event 1.9% Labels 1.8% Office 1.4% Buttons & Badges 1.3% Food & Beverage 1.2% Jewelry 0.9% Cards 0.8% Wearables 35.8% Apparel 28.8% Accessories 7.0% Source: PPAI 2017 Sales Volume Study How Big Is The Promotional Products Industry? More than $23.3 billion, according to the 2017 PPAI Sales Volume Study. This annual study is sponsored by PPAI and conducted by researchers at Relevant Insights. Industry Sales Volume In Billions What Is A Promotional Product? Items used to promote a product, service or company program including advertising specialties, premiums, incentives, business gifts, awards, prizes, commemoratives and other imprinted or decorated items.

2018 Promotional Products Fact Sheet · 2019-04-29 · Promotional Products Association International is the only international not-for-profit trade association for the promotional

  • Upload
    others

  • View
    1

  • Download
    0

Embed Size (px)

Citation preview

Page 1: 2018 Promotional Products Fact Sheet · 2019-04-29 · Promotional Products Association International is the only international not-for-profit trade association for the promotional

2018 Promotional Products Fact Sheet3125 Skyway Circle North, Irving, Texas 75038 888-I-AM-PPAI (426-7724) www.ppai.org www.PromotionalProductsWork.org

What Is The Value Of A Promotional Product?Because the products are useful and appreciated by recipients, they are retained and used, repeating the imprinted message many times without added cost to the advertiser.

What Is PPAI?Promotional Products Association International is the only international not-for-profit trade association for the promotional products industry. The Association offers education, technology, tradeshows, business products and services, and legislative support to its more than 15,000 global member companies. PPAI has celebrated 114 years of service to the promotional products industry and its members, making it one of the oldest trade associations in the United States.

Source: PPAI 2017 Sales Volume Study

Sales By Product Category

DID YOU KNOW?The promotional products industry consists of 40,546 companies and 489,065 industry jobs.

How Is The Industry Structured?• A 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 wanting to increase brand awareness, tradeshow traffic, employee retention and more. • Suppliers manufacture, import, convert, imprint or otherwise produce or process products offered for sale through promotional products consultants. • As the trade association for the promotional products industry, PPAI represents the interests of both member and nonmember promotional product companies, more than 40,000 U.S. companies providing more than 500,000 U.S. jobs.

Top Ten Buyers

Source: PPAI 2017 Buyer Marketplace Study

Business ServicesEducation FinancialManufacturingHealthcare

ConstructionInsuranceTechnologyNon-ProfitAgriculture

Top Ten Uses

Brand RecognitionBrand/Product AwarenessCorporate IdentityPublic Relations & GoodwillCustomer Retention & AppreciationGenerate Sales & Referrals

Employee Communications & Recognition

New Product IntroductionMotivate Behaviors & Incentive

Programs

New Customer AcquisitionSource: PPAI 2014 Buyer Behavior Study

Source: PPAI 2017-18 Little Black Book

1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

0.8 0.9 1.1 1.3 1.5 1.8 2.0 2.3 2.4 2.8 2.9 3.13.8 4.0 4.2 4.5 5.0 5.1 5.2

6.27.0

8.09.5

11.913.2

14.9

17.916.6

15.616.3

17.318.0

18.8 19.418.1

15.616.6

17.718.5

19.8 20.020.8 21.3

23.3

Drinkware8.4%

Travel 6.3% Bag 5.4% Wallet 0.9%

Writing 6.6%

Automotive3.5%

Technology5.6%

Awards3.0%

Recreation1.6%

Time2.9%

Magnets1.3%

Packaging0.8%

Personal1.5%

Pets0.4%

Spirit0.6%

Other3.0%

Desk2.8%

Health 2.3% Beauty & Hygiene 1.3%Medical & Safety 1.0%

Entertainment 2.3% Toys 1.4%Games 0.9%

Home 2.0% Kitchen 1.0%Tools 1.0%

Event 1.9%

Labels 1.8%Of�ce

1.4%

Buttons &Badges

1.3%

Food &Beverage

1.2%

Jewelry0.9%

Cards0.8%

Wearables 35.8%Apparel 28.8%

Accessories 7.0%

2017 SALES BY PRODUCT CATEGORY*

Source: PPAI 2017 Sales Volume Study

How Big Is The Promotional Products Industry?More than $23.3 billion, according to the 2017 PPAI Sales Volume Study. This annual study is sponsored by PPAI and conducted by researchers at Relevant Insights.

Industry Sales Volume In Billions

What Is A Promotional Product?Items used to promote a product, service or company program including advertising specialties, premiums, incentives, business gifts, awards, prizes, commemoratives and other imprinted or decorated items.

Page 2: 2018 Promotional Products Fact Sheet · 2019-04-29 · Promotional Products Association International is the only international not-for-profit trade association for the promotional

2018 Promotional Products Fact Sheet3125 Skyway Circle North, Irving, Texas 75038 888-I-AM-PPAI (426-7724) www.ppai.org www.PromotionalProductsWork.org

89% of consumers have received a promotional product in the last six months

REACH1

POSITIVE IMPACT2 brands consider promotional products mostly or always

effective in achieving marketing goals7Nearly

in 10

Millennials GEN Xers Baby Silent Boomers Generation

1)

2)

3)

4)

5)

Promotional Broadcast Online Print Mobile Products

9 in 10 recall the branding

8 in 10 recall the messaging

7 in 10 recall the call to action

RECALL1 REASONS1

Who Recalls What Best?

Millennials best recalled social media.

Generation Xers best recalled directional calls to action, or statements with definitive instructions.

Baby Boomers best recalled points of reference such as website domains or contact information.

NameBRANDING

Logo

SloganMESSAGING

Tagline

Website

CALL TO ACTION

Social Media

Contact

Directional

Hashtag

**A COMPANY’S:

people keep promotional products:

3TOP

reasons

FunFunctional

Trendyresearchedthe brandmore likely to do business with the brand

REACTION1

82%had a more favorable impression of the brand

RESONANCE1

REPEATED EXPOSURE1

83%79%

81%keep promotional products for more than a year

POWER OF PROMOTIONAL PRODUCTS1

#1Ranked most effective form of advertising to prompt action across all generations

1Source: PPAI 2017 Consumer Study • 2Source: PPAI 2016 Buyer Behavioral Study

Copyright © 2017 Promotional Products Association International. PPAI Research™. All rights reserved.

11+ Years 6-10 Years 1-5 Years <1 Year

18% 22%

41%

19%