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Expected Promo Growth for 2022

Kris Wassell • December 29, 2021

Suppliers and distributors are optimistic about 2022

2021 is sending on a high note for many suppliers and distributors as Q4 has ended with higher sales than the previous year. Many suppliers and distributors have seen these record-breaking numbers and are looking to keep an upward trend going for 2022. 

This optimism for the new year is more than just a hope as businesses are starting to return to normal. More hiring has been taking place and unemployment rates are expected to continue to decline. This is great news for businesses everywhere as industries are seeing an increase in disposable income and personal spending which will continue to help companies grow and drive sales even higher. 

Even with many businesses operating their staff on a working from home basis, business has still been booming. This has created a surge in demand for working from home kits, which include cooler and drinkware giftsets and other home engagement bundles. These products are expected to be a trend up to 2023 and many businesses expect that a return to the office will not be fully in place until then. As working from home has also cut many business costs such as travelling for meetings, booking hotels and other incurred expenses. This has helped increase budgets which have been used to reward employees and increase promotion that companies would normally have spent in other ways.

Many businesses are thanking their employees for their commitment to keeping their companies running and increasing success. With this increased success, many businesses have been rewarding their employees with gifts and other incentives to keep morale high and ensure that their employees keep working with high motivation and good mental health. The continued efforts of these employees have been the driving force in many successes seen in top promotional suppliers such as Gildan which as seen an increase in sales by 28%. 

If these trends continue the industry is optimistic that 2022 will be another record-breaking year for sales and business growth for the promotions industry. If you are interested in thanking your staff with promotion gifts or want a unique way to show your appreciation, reach out to inquiry@tsgbrandedsolutions.com or call:1-866-828-2874 Ext: 101 and TSG will help you with your businesses promotional needs.

By Kris Wassell May 11, 2023
Benefits of Promotional Products Promotional products are a top marketing resource which offers a variety of benefits for your company. Whether your marketing goal is creating new business opportunities, showing appreciation to current customers, or spreading brand awareness, in today’s digital world, physical marketing materials are a great way to stand out in a crowd and a great reminder that your business is willing to make a personal connection. Promotional products will also offer your potential clients and customers a tangible keepsake to remind them of your brand. When purchasing or choosing your promotional products, it is important to remember that the quality of your promotional products speak to the quality of the products or services your company offers. What are Promotional Products? Promotional products are items branded with your logo, tagline, or slogan to promote and represent your brand, company, and services. Your promotional items can be distributed at trade shows, special events, when potential customers subscribe to your newsletter, at grand openings or holiday parties, during conferences or straight into mailboxes. These products are a great way to be seen multiple times a day by multiple people. Make it easy for your potential clients to contact you by adding your phone number, email, or website information on your promotional products. Why Do You Need Promo Products? Promotional marketing maintains brand consistency, while also helping your company stand out in the industry. Here are some of the benefits for your business. Spreading Brand Awareness Branded promo items have the potential to be seen by hundreds of people. Whether you hand them out to an individual or a team, your brand name and slogan will be noticed far and wide. Promo products can reach hundreds of potential customers and studies have shown that they are kept for up to a year or longer. With thousands of products available, you can also choose products that are unique and help your company really stand out with customers. Forming New Customer Relationships Consumers are more likely to have a favourable impression of a brand that gives them a promotional product. Once you establish that initial connection, those same people are more likely to remember your business and feel inclined to work with you. It helps establish a relationships, builds trust, and gives the opportunity to start a conversation with prospective customers. Continuous Advertising Offering promotional products such as pens, notepads, mugs, or other items that are used on a daily basis, meaning that your company name or logo will be seen often. This paves the way for continuous advertising, which you only had to pay for one time. Want to learn more about how TSG Branded Solutions can help you with promotional marketing that aligns with your business strategy and branding, contact us today to start the conversation!
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