South leads the nation with promo sales of $9 billion; The West overtakes the East as second-largest promo region in the U.S.
TREVOSE, PA – April 18, 2019 – The annual Promotional Products State and Regional Sales Report released today by Advantages® magazine shows the promo industry enjoyed its strongest annual growth in five years, increasing by 4.9% for a total of $24.7 billion in 2018, with the South and West posting sizable gains, the East and Midwest ticking up and several states boasting notable sales increases.
“Everyone in the industry should be encouraged by the continued power of promotional products affirmed by Advantages’ regional sales report,” said Editor-in-Chief C.J. Mittica (@CJ_Advantages). “Our research shows that major economies in states like New York and Michigan are on the mend, while Texas and Florida have left extraordinary challenges behind after suffering through historic hurricanes. And while a looming trade war with China has everyone on edge, so far the threat of tariffs hasn’t impacted our industry.”
Advantages, published by the Advertising Specialty Institute®(ASI), is the leading B-to-B publication for distributor salespeople in the promotional products industry. The best-known corporations in the world, along with schools, healthcare companies, financial institutions and nonprofits, rely on promo products like branded T-shirts, mugs and caps to advertise their brand, thank employees and clients and promote their events.
Click here for infographics and a breakdown of region-by-region highlights from the report, which analyzed 2018 sales. Another highlight: a video discussion between Mittica and ASI’s executive director of research, Nate Kucsma (@Nate_Kucsma_ASI), revealing the how and why behind the fastest-growing regions in promo.
The special issue also identifies the latest promo trends and markets, along with a Hot List of products to pitch end-buyers, like reversible umbrellas and tech accessories in the Midwest, where half the counties have gotten younger this decade, fueling Rust Belt optimism.
“Information is power, and distributors should use our data to help target new clients and uncover new products that can help them grow their business,” said Mittica. “Our stats can also help small businesses create a blueprint for future growth. If you’re in a region where promo sales are shrinking, it’s time to plan accordingly, diversify your client base and take proactive measures. If you’re in an area that’s growing, we help explain ways to take full advantage of every opportunity.”
Highlights from the report include:
For more information on the Advantages sales report, contact C.J. Mittica at [email protected]. For info on advertising in Advantages, contact Matt Barnes, ASI’s vice president of publishing and media services, [email protected].
The Advertising Specialty Institute (ASI®) serves a network of 23,500 suppliers, distributors and decorators in the $24.7 billion promotional products industry. ASI’s flagship product, the technology platform ESP®, manages the industry’s supply and marketing chain. ASI also produces award-winning digital and print content, live events and educational programs that enable companies in 55 countries to be more efficient, productive and profitable. ASI’s Counselor® magazine provides the most authoritative business content in the industry, and the ASI Education Certification Program features 200+ live and online education courses for industry professionals. The company, family owned and operated since 1962, is proud to have been consistently ranked among the “Best Places to Work” in Philadelphia and Bucks County, PA. For more info: www.asicentral.com.