Account Opener: Premium given to customers as a reward or thank you for opening an account.
Advance Premium: Premium given to new customers on condition they will earn it by later purchases.
Award: Recognition merchandise, often personalized, used to acclaim performance or milestones; may be useful objects (paperweights, clocks) or for display only (plaques, trophies).
Bonded Premium: Point-of-purchase premium attached to a product by a bond of plastic, paper or tape.
Business Gift: Merchandise given by a business in goodwill, without obligation to its customers, employees, friends and the like. Often, this business gift is not imprinted with the advertiser’s identification. Some companies prohibit employees from accepting business gifts.
Collateral Materials: Advertising materials that are not transmitted to consumers via advertising media. Collateral materials include catalogs, shelf cards, posters, specifications sheets and trade information materials.
Collectibles: Premiums designed to have inherent value based upon their perceived “collectibility.”
Commemorative: A merchandise keepsake used to mark a ceremony, anniversary, event or milestone.
Container Premium: A product container, which when empty, may be used as a container for other items. These items are usually partially or completely self-liquidating since the consumer pays for the product.
Continuity Promos: A series of related premiums offered over a period of six to eight weeks.
Covermount: Gift with Purchase promotions where the gift is packaged on the cover of books and magazines.
Dealer Incentive: Premium or other reward given by a manufacturer to retailers or distributors in return for a specified bulk purchase.
Dealer Premiums/Dealer Programs: Premiums offered to retailers who meet certain sales or performance standards.
Direct Premium: An item given free with a purchase at the time of the purchase. These include on-packs, in-packs and container premiums as well as those given separately.
Door Opener: An item of value offered by a salesperson to persuade potential buyers to listen to a sales presentation or to initiate interest in a product or service for a sales call follow-up.
Gift with Purchase: Buy a product and get a free gift with it. Great for getting impulse purchases.
Giveaway: Direct premium given free of charge or obligation to generate awareness and/or goodwill.
Host Gifts/Hosts Incentives: A gift or premium given by a party plan operator to a consumer who agrees to be the host for a demonstration party. The value of the gift is usually proportional to the amount of sales at the party.
Incentive: Reward for a purchase or performance.
In-Pack: A premium offered inside a product package.
Keeper: A premium offered in direct-mail marketing for accepting a free trial of the sale merchandise and to be kept by the consumer even if the trial item is returned.
On-Pack: A direct premium attached to the exterior of a product package or sometimes riding with it in a special sleeve, carton or film wrap.
Premium / Promo : A product or service offered free or at a reduced price if the recipient performs some task, such as purchasing an item or meeting a sales quota.
Prize: Reward given to winner in a contest, sweepstakes or lottery, sometimes referred to as a sales incentive award.
Purchase with Purchase: When buying a product, you can add a little extra to get a free gift.
Recognition Merchandise: Award, often personalized, used to acclaim performance or milestones; may be useful objects (paperweights, clocks) or for display only (plaques, trophies).
Referral Premium: A premium offered to customers for helping refer/sell a product or service to friends or associates.