A present or a gift
can be described as voluntary transfer of goods, money etc. to someone
without any expectation in return. It depicts love and affection between
the person giving and the person receiving gifts. In personal life,
people give away gifts & mementos in birthdays, marriage
anniversaries, festivals and other special occasions to their loved ones
to express the warmth of their relationship.
Business to business and business to Corporate relationships have recognised the benefits that could be gained by a company giving gifts
to existing & prospect customers. Promotional merchandise is now
used globally to promote brands, products & corporate identity.
Corporate Gifts
are a similar but somewhat enlarged version of the above mentioned
concept for personal gifts. The valuable items that are offered to
recipients by an organization's representative as an expression of
appreciation & goodwill, are known as Corporate Gift.
These are definitely an important tool for advertising a firm in order
to spread its corporate message amongst the intended audience. Corporate
Gift Industry is flourishing day by day and has now established itself as a niche market sector.
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