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Direct marketing is a powerful marketing tool, goods and services can easily be marketed efficiently and profitably. It works when it is conceived and targeted correctly. There are probably as many ideas about how to do direct marketing as there are direct marketing professionals and it has as much potential for improving business as any medium; after all even telesales are just a form of direct marketing. Many companies have even changed their packaging and/or their product as a result of the information that they gathered through direct marketing campaigns.
Very few businesses have a good steady flow of work. Your knowledge of predictable patterns can be used to decide when to run a mail campaign and how often to send it out you might not want to send off another batch of mail while existing replies are backing up.
In establishing a budget for your direct marketing mail marketing there is a general principal regarded as roughly correct, if you look at your company's estimated turnover for the financial year a figure of about four per cent of that is appropriate for promotion. This is just a rule of thumb and does not apply to all businesses but it does give a figure, which is related to business, and when you look at it you may think that you can afford more. At that point you can take the turnover figure for the next three years and do a percentage of that spending so that half of the figure goes into your budget the first year and the other half can be split between the next two years. This covers all promotional work and not just direct marketing the important thing is to establish a budget especially if your direct marketing is proving successful.
Once you know where you fit into the marketplace, who your best prospects are, how intensive your direct marketing campaign will be and how much money you need to spend, than you're ready to take a closer look at the picture. Here is where selling by direct marketing to the business community sets itself apart from marketing to the individual.
Because a man carefully watching his employers' money can be harder to sell to, than exactly the same individual at home who has a certain amount of disposable income, which he may be prepared to spend on your goods and services; however a commercial or industrial prospect is better defined than a private prospect because he is more likely to fit into a stereotype than the individual who has ideas packed with foibles, prejudices and preferences.
The business prospect has the same baggage but he can't indulge in it so he is the easier option. Once you know who to approach within the company, by name or job title, your direct marketing piece has a chance to get beyond the receptionist's basket. Your mailer can also go into the wastebasket of the individual if he dismisses your general statements, headlines, or graphics coming into his home.
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