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The short answer is, "yes".
The long answer is, sometimes, you do get more than what you pay for. And, sometimes you don't have to sacrifice quality for a low price.
There are a number of ways to pay less without sacrificing quality on promotional items. The key is choosing cheap branding items that focus on the desirability and usefulness of the product and not necessarily the price point.
For example, choose & purchase bargain promotional items branded with your company logo that can be kept on-hand to give out at impromptu marketing events, career days, job fairs, sponsorship sporting events, and, of course, the ever popular trade shows and conventions.
When you customize a promotional low cost item, some under 50¢ each, you can buy more products, thus spreading and utilizing numerous opportunities to hand out items with your logo to more people.
Keep your company name and corporate logo front and center with 50¢ or less items that are used everyday, by everyone, like:
You can spend less on customized branding items, stretch your marketing budget, and reach more people for longer periods of time with 50¢ or less promotional items.
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May not be applied to sale items.