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Articles of Interest to
Direct Marketers
✓ 1.
It Works Compared to what?
Written by Ted Grigg
You
would think that in today’s sophisticated marketing environment and
strong need to make each advertising dollar count, that companies
would have mastered the ability to evaluate the success of their
lead generation, store traffic building efforts or other direct
marketing programs. But the sad truth is that in the last 20 years
of my direct marketing experience, clients still struggle with the
basics.
… When
I ask some of my clients or company prospects how their program is
doing or whether a given direct mail, email, Direct Response
Television Advertisement (DRTV) or other effort worked, they often
say yes or no. Then I ask, “How did you structure your tests to
determine what worked or failed?” Their response is that they have
not tested the advertisement or direct mail package to compare
response factors.
✓ 2.
Direct Marketers Evaluate the Opportunity for
Rollout Potential First
Written by Ted Grigg
Direct marketers evaluate the opportunity for rollout potential
first to create a pro forma for any direct marketing campaign before
allocating resources to it.
...For example, if the product in question will generate $500
annually per customer sold with a cost of $400 to provide the
product and there are only 100,000 such prospects in the entire US,
then you might want to apply the brakes and select another effort.
In one company where I had P&L responsibility, we were directed not
to pursue any opportunity that did not have at least a $1,000,000
per year net pretax profit rollout opportunity.
✓
3.
11 Steps to Direct Mail Success
Written by Ted Grigg
1. Is the mailing competitively priced and within budget?
The direct marketing creative director recognizes that his job is
not only to create attractive work that brands a product, but just
as importantly, he must sell the client’s products or services at an
acceptable cost per sale.
5. Is the offer easy to understand?
This is not the time to try and sell everything you have by offering
multiple options. Talk about the benefits the respondent will enjoy
by responding immediately to your offer.
✓
4.
Anatomy of a Control
Written by Denny
Hatch
Sometimes, direct mail controls last for years. The control created
by Ted Grigg for AARP and featured in this insidedirectmail
newsletter article continues to beat multiple during mail tests even
after nine years! This package has won in multiple industries and
may have direct implications for your direct mail business
profitability.
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