| 10 practical ways to get more from your DM program | ||
Do you find yourself frequently thinking about sex? You're not alone. So consider the wide variety of subtle to blatant ways you might use sex as an involvement device in your DR ads. Every sentence of AdCracker content is registered and protected under US and international copyright law.
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1) Make stronger offers: But "giving more" does not have to mean "spending more." It does mean creating offers and promotions that are useful or interesting to prospects. Example: a pizza shop owner in Berkeley , California approached a local video store, and together they launched a “Pizza and a movie” offer. Little Ceasers Pizza teamed up with Blockbuster Video on a similar promotion, nationwide. Whether you are big or small, look for partners to share costs. Also, keep in mind that different demographic / psychographic slices of your list or audience will respond to different offers. > How to get people to Act Now!
“We started picking up projects from a national marketer, with an ex-agency guy as VP of marketing, and were surprised to find that their 'direct response' print ads don’t even have an offer.” Interestingly, this can also be problem for multinationals such as Citigroup. The campaign that starts in Hong Kong with, “Open a business account and pay no fees for one year” can become, “Citibank smiles every month” in Seoul. So here’s the scoop. Feature your offer up front. Tell readers clearly what they will get. Tell them how they will benefit. Tell them what to do, what action to take. Set a deadline. And provide multiple ways for them to respond. That's a formula that works in any language. For any sized business.
Problem was, this package wouldn’t make it through to top decision makers at Fortune 500 firms. And follow-up phone calls did not fare any better. So they tried a different approach. First, they identified their top 20 high-value prospects. Then they created a customized mailer around a multimedia presentation on CD, using content from their Web page, with the addition of a 30 second personalized video message to each prospect. From that mailer they landed three customers. Each of those customers has a projected lifetime value of several hundred thousand dollars. The customized mailers cost less than $25,000 for all 20. The math tells the story. Spend more on higher value prospects. And be sure to calculate, and factor into your results, the lifetime value of the customer.
You’re doing that, right?
But do you have plans to test different media or technology, such as digital video on your Web site? Or a brochure on CD? Or downloadable White Papers? Or different Web pages to compare conversion rates? Don’t get stuck testing variations of the same offer. Think outside the grid.
Share with your DM team and vendors the brand's personality, nature of the brand’s relationship with customers, as well as the visual standards and symbols that represent your brand. Then express those brand characteristics in your DM communications. > How to create and characterize a brand.
You may think this should fall under the “Test” section above. But it is so important, and so frequently overlooked or poorly managed, that it deserves its own section. Here's one reason why. In less than a decade Capital One grew from two guys with a good idea to a Fortune 500 company, and the largest direct marketer in the USA. That growth has been driven by innovation. Capital One invented the credit card balance transfer. And they have tested such offers as "Win a free island." It was Peter Drucker who said business has two imperatives, innovation and marketing. Honestly now, how well do you innovate? > How to conduct a brainstorming session.
Examples: Use your Web site to deliver offers, such as .pdf downloads of your brochure. Or printable discount coupons. Or stream product demo videos - now easier than ever with Flash video.
You’ll find this popular advertising technique at work for such diverse companies as Rolex, Apple Computers, and MarketingProfs.com. Depending on the psychodynamics of your target audience it can be the most powerful, the most persuasive way to characterize your brand and convince prospects to take action. |
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