Know When Direct Response Results Justify More Investment
These articles examine the questions that follow the initial response: Are the economics sound? Is the evidence strong enough to trust? Can you see the full customer journey? Do the results justify investing more?
The focus is practical: Cost Per Sale, Cost Per Lead, customer value, disciplined testing, targeting, CRM interpretation, creative evaluation, and the management decisions that bring them together.
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Browse current thinking on direct response economics, testing, creative judgment, lead generation, customer intelligence, and profitable growth.
Terminology Abuse Kills Strategy
The advent of the internet phenomenon has attracted many new players to the direct marketing space. This is welcome news to professional direct marketers. But there is one area that continues to frustrate us.
Communication and Strategy not the Technical Marketer’s Strength
In the so called "good old days", the big communication challenge for direct marketers was to translate marketing objectives to database mainframe programmers.
This Direct Mail Package Hurts Direct Marketers' Reputation
Note the terrible letter below I just received from a local car dealer. (If you are a car dealer or car salesman, please stop abusing direct response advertising polluting direct mail with double meanings and outright lies.)
How Much Should You Pay for a Lead?
o let's agree up front that a "lead" is not a suspect, a telephone list of companies in a certain industry or any person who has not raised his hand and said: "I'm interested, tell me more.”
Three Marketing Types - Which one do you relate to best?
There are essentially three ways marketers will respond to today's quickly evolving marketing environment. The first type responds quickly on impulse,
Is "Direct Marketing" Dead?
You would think that marketers and advertisers would understand the breadth and depth of the direct marketing strategy after about 50 years of steady progress. Sadly, they do not.
The one sales killer question -- "What is Your Budget?"
If there is one sales issue that stumps most individuals responsible for new business, it is the prospect who presents an ill defined problem and has little or no budget.
How Much Should Pay for Each Insurance Lead?
The basic question you and the CFO must agree to is how much the average sale is worth to you and how much the company is willing to pay for a new contract or sale.
Resources for Online Demographic Data
I thought I would share some great websites that offer up-to-date online demographic data. Much of this information was compiled by Steven Fox, a member of MENG that caters to high level marketers from all industries.