Promotional Products Market Sourcing and Supply Research Report

SpendEdge has the fastest growing rate of reports and clientele, with over 200 Forbes 2000 companies relying on our actionable insights.

NEW YORK, April 5, 2022 /PRNewswire/ — SpendEdge’s latest market research report predicts that promotional products will grow at a 2.98% CAGR by 2026. Prices increase by 1% to 3% during the forecast period and the vendors will have moderate bargaining power in this market.

promotional products market

The report offers a detailed study by way of synthesis and summation of data from multiple sources.

www.spendedge.com/report/promotional-products-sourcing-and-procurement-intelligence-report

Key points covered in this report:

  • Am I in contact with the right suppliers?

  • What KPIs should I use to assess my incumbent suppliers?

  • Which supplier selection criteria are relevant for promotional products?

  • What are the essentials of the Promotional Products category in terms of SLA and RFx?

A targeted strategic approach to sourcing promotional products will provide several opportunities for buyers. However, in the absence of actionable information about promotional products, shoppers opted for a transaction-based approach to the category. The report explains key category management objectives that should form the basis of the sourcing strategy, including:

  • Revenue growth

  • Input scalability

  • Green initiatives

  • Category Innovations

  • Rationalization of the supply base

  • Demand forecasting and governance

  • Minimization of one-time purchases

  • Compliance with regulatory nuances

  • Cost savings

  • Loyalty of the clientele

  • Reduced total cost of ownership

  • Supply guarantee

Request a free sample report to learn more

Free sample of our best-selling sourcing report:

This report provides detailed information on streamlining your promotional product category management practices..

Request a FREE sample to get detailed answers on:

  • What should be my strategic sourcing goals, activities and enablers for the Promotional Products category?

  • What negotiation levers can I activate to save money?

  • What are the best practices for sourcing promotional products that I should promote in my supply chain?

Contents

  • Abstract

  • Market overview

  • Overview of category prices

  • Cost reduction opportunities

  • Best Practices

  • Category Ecosystem

  • Category management strategy

  • Category management tools

  • Selection of suppliers

  • Undercover providers

  • US Market Outlook

  • Category scope

  • appendix

About SpendEdge:

ExpenseEdge is one of the world’s leading procurement information companies. For more 17 years, we were served 200 clients, including 55 Fortune 500 companies—in various industries through our best-in-class sourcing and procurement solutions.

contacts

ExpenseEdge
Anirban Choudhury
Marketing Manager
Phone number: +1 (872) 206-9340
https://www.spendedge.com/contact us

SpendEdge logo (PRNewsfoto/SpendEdge)

SpendEdge logo (PRNewsfoto/SpendEdge)

Quote

Quote

Show original content to download multimedia:https://www.prnewswire.com/news-releases/promotional-products-markets-sourcing-and-procurement-research-report–spendedge-301515618.html

SOURCESpendEdge