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What DM Can Do
1.
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DM is targeted advertising. Promotion
wastage is minimum.
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2.
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Low Risk, Low Cost. Test to Bulk. Upfront
commitment can be kept at a very low level before testing.
Accurately measure market potential. Success and failure
are more predictable.
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3.
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Encourage more aggressive market expansion,
because decisions are based on well-organized tests.
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4.
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Excellent choice for launching New Products,
or entering into New Markets.
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5.
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Establish the best combination of product
and offer; and optimum pricing can be set to maximize
profit.
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6.
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A reliable approach to build long-term
quality customer relationships. Foster better understanding
of consumer needs.
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7.
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Knowledge derived from the customer database
provides excellent cross-selling, up-selling and referral
marketing opportunities.
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8.
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Create a large number of customers within
a very short period of time.
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9.
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Establish a qualified customer database
as a high-value asset.
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Don'ts of DM
1.
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Do not run a Direct Mail campaign if you
have NOT set its objectives, strategies and run through
the P&L and Breakeven Analysis exercises.
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2.
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Do not commit to using the entire list
before its effectiveness is proven in a properly managed
test.
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3.
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Do not run tests in a casual manner. They
must be thoroughly reviewed, scientifically designed and
carefully implemented, from strategy formulation to final
results. They are the foundation of your business success.
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4.
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Do not regard Direct Mail campaigns as
a stand-alone media for your marketing programme, it will
be most effective if considered in conjunction with other
forms of advertising, such as telemarketing, web marketing,
etc. Carefully integrate them to produce the best results
for your business.
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5.
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Do not assume that creative works for
Direct Mail packs can be similar to those applied in general
advertising or mass media. They require special skill
sets. For example, the product brochure in a Direct Mail
pack is the most important (or the only) component for
the potential customer to have a chance to sample your
product before deciding to purchase it. Hence, details,
features and, most of all, benefits must be clearly and
fully presented and illustrated in the brochures, which
tend to be rich and wordy — very different from
the poster ads in mass advertising.
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6.
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Do not leave out "Action Getter"
devices or incentives in your Direct Mail pack. They drive
customers to respond (or order) more promptly and result
in more orders (or higher responses). These devices are
best used with a time-sensitive mechanism, such as count-down,
to create a stronger sense of urgency for the customer
to respond more quickly.
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7.
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Do not forget to set up procedures and
systems in your team to capture as many behavioural characteristics
of your prospects and customers as possible. These traits
are essential for better understanding your customers
and knowing how to anticipate and match their needs, in
order to make your business more successful.
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8.
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Do not take the money and celebrate after
each Direct Mail campaign. Remember to do a post-campaign
analysis for each phase of your campaign, which will give
you valuable insights for improving your next steps, both
in the next campaign and in your overall marketing strategy.
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Profitable DM Guide Related Links |
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Reports
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Useful Links
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Glossary
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Library
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