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Here are a Few Tips & things you should know about Direct Marketing

  

Things You Should Know Before You Mail Anything?

1. Know Your Target Market. Who are you selling to?
Are they going to be interested in your product? What benefits does your offer provide? A targeted list will probably do better then a non-targeted list. All things being equal, it makes sense that people, who have purchased items like yours before, will be your best marketing bet. Knowing your market can help determine what kind of promotion you will be offering whether it is couponing or just letting someone know you are there.

2. Know Your Lists
There are list sellers and then there are List Brokers. At the least, your broker should be a professional listed in Standard Rates and Data. Your list broker should be willing to take the time to match your offer; as best as is possible, to a specific list he believes will do the best for you. Anyone can call themselves a list broker and rent you names from the phone book. A professional broker, such as Loft 9 Marketing, cares about your business. We know that if you do well working with us, you will keep coming back. Get a Free Count

3. Know Your Break Even Point on Your Mail Piece.
How many sales must you make to cover your costs of mailing? Figure the cost of the list, the stock used for the mail piece and the postage. You should also figure in your cost of labor, though many marketers discount this cost when first starting out. Quite often, a more expensive product sold to fewer customers, will work out much better for you than an inexpensive product that must be sold to many customers in order to reach that same break even point. There are exacting formulas available to figure this out. Get a Free Quote

4. While in the early stages of a Direct Mail campaign...
You may make a profit mailing to a list of prospects who are not already your customers. Ultimately though, even a well run mail order company can lose money on "The Front End". What you want is to generate a maximum number of new customers. Once you have these new customers, you supply "back end offers" to them. Again and again. You may also, eventually, rent or sell your mail list. Your current customers are always your best customers. Continue to sell to them. If you only have a front end offer, programs like "The Money Doctor" or "People Helping People", etc, you will have a much more difficult time getting anywhere, especially for high end offers. You have one shot and if that does not work, kiss your money goodbye. There are no guarantees and this type of program is more like gambling.

5. You will always get a higher response to a mailing...
From those who have responded before... Always re-mail new offers or add-ons to your responders. Once you have a customer or potential customer, hold on to them. Provide them with the product and service necessary to keep them doing business with you instead of someone else. Keep those "back end offers" flowing. Collect a lot of buyer's names, and we will put your list up for rent.

6. Most of what you have heard as being mail order gospel is wrong.
How to do it and what your return will be? No one knows, and that's a fact. No one can tell you what you will do on any mailing. Even if the printed mailer has the exact same information as a mailer that returned a 5% response, that piece will more likely not yield the same result in a different city. All they may be able to tell you is simply what they have done, and they may be stretching the truth. TEST! TEST! TEST! You have to test it yourself by doing the mailings and trying the lists and keeping track of what works and what doesn't. Once you find a list that works, make sure any additional names you rent from the same list are really from the same list and just as fresh, then run with it.

7. Believe it or not, what you are doing, what this is, is a business.
Treat it like a business. So many mail order marketers treat what they are doing as if it were a hobby or that "if you MAIL IT, they will come". These folks are in for a big surprise and disappointment. Doing mail order right requires just as much effort as doing any other kind of business. Research it. The library, local bookstores, the web and a competent list broker, are your best friends.

8. Carefully consider if you really want to send bulk mail as opposed to first class.
While bulk mail is less expensive, there are some things to consider:
A. If you send bulk mail, your letters will not be forwarded.
B. Bulk mail may be less likely to be opened.
C. From what we've been told, bulk mail often languishes out of the way in some dark corner of your post office. We have also heard, though we don't know for sure, that bulk mail is often given the old heave-ho, instead of being delivered.
If you really want to do bulk mail, YOU WILL NEED TO TEST. Be sure to Only mail from a central postal station that handles bulk mail, not your local post office.

9. Your mail piece can be a letter, or a postcard or a booklet. Or can it?
The chances of someone actually looking at your mail piece can be better if it has a personal look, or has an appearance that says, "Open Me". Of course, that mail piece has to be good copy in order to get a response. Post cards can work for generating leads or inquiries, but they don't have the space needed for the length of copy usually used to sell a product. If you print "Please Forward" on the envelope, the mail piece will be forwarded if there is a forward address. Otherwise, if it is not deliverable to the address on the envelope, it will probably be returned to you. We have found that a two page or longer letter, if well written, provides superior response. There is no such thing as too long a mail piece. There are only mail pieces that your prospects open and read, or do not open and do not read. View Some of our Samples

10. Be prepared for returns and hearing people tell you that they have received several offers just like the one you are sending.
When Loft 9 Marketing receives lists from their list owners, the lists are gone over by our fulfillment house. Bad data is looked for and if found, the name is removed. The list is run through the US Post Office's Change of Address data base. This scrubs out a lot of names on a list that may not be mailable because the prospect has moved. Not all bad names and bad data can be removed. Also, older people make up a large part of these lists. People do die between the time they bought a program and the time the list is delivered to you. Do not think that because you receive some returns that say the recipient is deceased, that this is a bogus name. The techniques available are just not perfect. Bad names will slip through. Though Loft 9 Marketing prides itself on having the cleanest lists in the biz op community, you will probably receive nixies. How many you receive depends on a lot of things. But you should be prepared to receive them. Anything under 10% returns is considered normal in this business. Do not ask for a refund. If there are a lot more than that, hold on to the returns and let us know. Without the returns, all of them, we cannot help you, as we will need proof. Sometimes you may receive a lot of nixies and no sales. This can happen for a number of reasons. We provide targeted responsive lists that work for 80% to 90% of our mailers who mail them. They do not work for everyone every time. If this bothers you, don't mail.

Other Questions You May Have...

    Some of the questions you may have when starting a successful advertisement campaign are: How can you use direct mail advertising to expand your customer base and increase your profits? Should you use letters or postcards or snap packs & what other types of direct mail pieces are there? How can you increase your direct mail response? These are just a few of the questions answered on this website.

 

How Do I Use Direct Mail to expand my customer base and increase my profits?
    Systematic Direct Marketing. In order to attract, retain and nurture a list of highly profitable customers, you need to craft your direct mail around a number of marketing activities that can start in a fairly simple way, but over time develop into a highly sophisticated set of processes. Each direct marketing cycle will create a set of clients who can start providing you with referrals. These low cost prospects will supplement the prospects that you attract through your normal ongoing lead generation techniques, yielding an ever-increasing prospect base for you to convert into customers. Direct mail can be a powerful addition to your overall marketing program. But it requires quite a bit of research and planning to do it right.

 

What type of Mailer should I use?

    That is a question of how much information you are going to provide your potential buyers.  Will you be using images to convey a message? Are You Pre-Qualifying someone using a financial institution? Will there be a mass amount of verbiage? What are you selling? Will you be offering discounts? Couponing? Since there are so many questions, we can help you make the right choice based on your business and the offers you are making.

 

So Now the Big Question - Why Should "I" Use Direct Marketing Services?

    Direct marketing addresses some of the biggest challenges in advertising a business - lead generation, converting those leads into high quality customers, and then systematically growing customer profitability. Marketing experts estimate that your prospects and customers are bombarded with more than 3,000 marketing messages (direct mail, email marketing, radio/TV advertising, billboards) – every day. Direct advertising helps you get through the ‘marketing noise’, and delivers a high return on investment for your advertising dollar.

 

    With consumers being presented with so many choices, they seldom, if ever, buy at the first contact. In fact, it can take anything from 5 to 15 contacts before they have sufficient trust in you to finally buy your product. Little wonder that so many entrepreneurs and sales people hate cold calling as the chances of early success are very low.  An alternative to the pain of cold calling is a consistent set of processes that attracts qualified leads to your business, and then keeps them ‘in the loop’ until they convert into customers. Systematic Direct Marketing is that set of processes - a strategy based on direct marketing methods which will deliver an immediate and sustainable sales improvements:

  • Your lead generation costs will decrease.

  • Converting leads into sales will not be due to over the top price discounts.

  • Your quality clients will form enduring relationships, providing you with profitable repeat sales.

If direct marketing is the solution, why isn’t everybody adopting this Strategy?

    For starters, many business executives get seduced by glamour advertising – where advertising agencies vie to see how ‘creative’ they can be with your advertising budget. Sadly, this approach is both expensive and ineffective. Even worse, no measurement criteria are established to track the effectiveness of these expensive advertisements. Literally a case of pay and pray.

Possibly the main reason that many businesses don’t base their advertising strategy around this type of advertising is that it requires setting up several marketing processes, and many smaller business owners don’t have the direct marketing know-how nor do they have the time to do this.

    The good news is that most of these systems are not too difficult to set up, and many are relatively inexpensive to implement. The smart approach to systematic direct advertising is to introduce the easy / low-cost approaches first, and then use the newly-generated additional cash flow to fund the more sophisticated and more expensive methods.

 

Want to get started, but don’t know how?

Our company has been delivering direct marketing services to both large and small businesses. We can deliver a practical advertising solution that suits your needs, stage of marketing sophistication, and budget. Contact Loft 9 Marketing 623-266-2084 – we can start delivering direct marketing results within in a few weeks.

 

Call 623-266-2084 for more information about Direct Mail Marketing.

 

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