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Top 10 Ways to Make Money with Direct Mail (Don't Laugh, it STILL Works!)
Written by: Nick NantonArticle Overview: I sent out about 18,000 direct mail pieces last month, and I re-learned a few lessons, just like I always do. Maybe I can save you a few dollars, and a few lessons by sharing some of the most important things I’ve learned over the years about direct mail. And most importantly, if you're not doing any direct mail, now is the time to start! Almost everyone else has backed off of it due to cost, and now you can swoop into people's mailboxes and take new customers!
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Top 10 Ways to Make Money with Direct Mail (Don't Laugh, it STILL Works!)
Some
of you will laugh at the very thought of direct mail, but I can assure you,
it's a great source of connecting with prospects and existing customers
alike. Particularly in our overly-junked-up-email
world where people tend to pillage their inboxes and delete anything that
doesn't require a personal response.
People respond completely differently to direct mail, that arrives on
their doorstep, than they do many other forms of media. Direct mail can be as basic as a
postcard or a letter on letterhead, or as complex as a full "shock and
awe" box that has lots of stuff in it that gets your prospect really
engaged like CDs, DVDs, MP3 players, books, magazines and just about anything
you can fit in the box as we learned when we put a straight razor (sans blade),
a shaving brush and more in our boxes that we mail out for our
Kennedy's All-American Barber Club franchises that we sell.
I
sent out about 18,000 direct mail pieces last month, and I re-learned a few
lessons, just like I always do. Maybe I can save you a few dollars, and a few
lessons by sharing some of the most important things I’ve learned over the
years about direct mail. And most
importantly, if you're not doing any direct mail, now is the time to
start! Almost everyone else has
backed off of it due to cost, and now you can swoop into people's mailboxes and
take new customers!
Below
is a list of 10 very important things you should pay attention to when sending
out direct mail:
10.
Differentiate Your Marketing Piece - if it looks like everything else, it'll
get handled like everything else (put in the trash)
9.
Your Mailing Should Have a Single Purpose - don't ask your reader to do too
much, they simply won't. If you
ask them to download a report, then go to a different website, then call your
800 number, then.... get the point? One thing. Really. One thing is all you should ask them to do.
8.
Provide Several Ways for Prospects to Respond - Give them every conceivable way
you can think of to reach you. Phone, email, fax, carrier pigeon-- whatever it
takes! The worst thing that can happen is that your mailing piece gets your
prospect all hot and bothered, but at the time they want to respond, they
can't. For instance, what if they
are reading your mailing piece but have to run out the door to a meeting. If
you only give them a website, then they'll have to wait until they return
(which will probably never happen).
If you give them a phone number to call, they'll have the opportunity to
call you while they're running out the door on their way to their next
meeting. Seriously think this
through, mailing is expensive, particularly with stamps costing almost 50 cents
each, you don't want to blow any opportunity you get for someone to respond.
(and YES many people have tested it and time and time again LIVE stamps
outperforms metered mail or bulk mail.
Buy crazy looking themed stamps, and put as many as you can to get to
your postage amount. 2-4 stamps,
crooked (seriously), makes it look like you really wanted this piece to get out
to the person opening it.)
7.
Measure the right metrics - ROI is all that matters. It doesn't matter what
percentage of people respond, or how much the mailing cost you to send
out. The only thing that matters
is if you made money in the end or got new leads to work (whatever your goal
from the piece is).
6.
Test, Test, Test, Test.... - you get the picture. Simple things like how many people are in a photo, whether
they are male or female, old or young can change the response of a piece. There
is no magic answer, just test.
5.
One Mailing is NOT Marketing - one mailing is a test. On average it will take you 7-9 times to get a prospect's
attention. Don't mail the first
piece, get no response and then give up.
Whatever the response on your first piece, it will usually increase
exponentially on each additional piece.
4.
Include a "Call to Action" - You've got to tell people what to do
when they read. Don't just tell them all about your products and services,
you've got to give them written instruction on what to do next. For example: Call us today for a free
consultation and a complimentary $50 gift card just for inquiring! Or something that tells them exactly
what to do. If you don't tell your
prospects what to do, they won't do anything and they'll move onto the next
piece of mail in the pile.
3.
Keep a Recognizable Element to All Marketing Pieces - if you're going to all
the trouble to mail people multiple times, make it known that you're the same
person or company that's been trying to reach them, and that you continue to
try. If you send out 7 - 9 pieces that don't have a common element, you will
not have as good of a chance at being recognized. Think about it, wouldn't it peak your interest if you saw
the same logo, photo or slogan in your mail box 5 or 6 times in a short period
of time?
2.
Personalization - How many mailing pieces do you read that say "Dear
Valued Prospect/Customer/Client." Right, none. Don't be lazy, don't be cheap, personalize as much as you
can. You can certainly personalize letters, and now even graphic postcards are
becoming easy to personalize. If you need a source for this, let me know. Also,
I've been testing Personalized URL's or "purls" for short, that
contain the prosect's name in the web address, for example: YourWebSite / John.Doe and then I send it to John Doe. The good news here, is with any proper
Purl system, whether John Doe contacts you once he reaches your site or not,
because he entered in his unique url, you get a record of his visit. So, even if he's shy and doesn't
respond, you know he was interested enough to visit the site and then you can
take a few more shots at him with follow up letters. This is a great strategy to pare down a list. Suppose you
have a starting list of 2000 people. If 3% of the people come to the Purl page,
that would be 60 people. It's a
lot cheaper to pound away at 60 prospects that have indicated they are
interested, than it is to keep mailing to 2000 people who you have no idea are
interested or not.
1.
Don't rely on one marketing Method - Direct mail is a great COMPONENT, not the
single solution. The same can be said for Websites, SEO and Pay Per Click,
Email, Ezines, Display Ads etc.
Use multiple media and track their responses separately.
Feel
free to let me know your thoughts as well as if you have any tips I might have
left out by commenting below.
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About the Author: Nick Nanton RSS for Nick's articles - Visit Nick's website Nick Nanton, Esq. is known as The Celebrity Lawyer and Agent to the top Celebrity Experts for his role in developing and marketing business and professional experts, through personal branding, to help them gain credibility and recognition for their accomplishments. Nick is recognized as the nation’s leading expert on personal branding as Fast Company Magazine’s Expert Blogger on the subject and lectures regularly on the topic at the University of Central Florida. His book Celebrity Branding You® has been selected as the textbook on personal branding at the University. Nick is recognized as one of the top thought leaders in the business world and has co-authored five best-selling books, including the breakthrough hit Celebrity Branding You!®. Nick serves as editor and publisher of Celebrity Press™, a publishing company that produces and releases books by top Business Experts. CelebrityPress has published books by Brian Tracy, Mari Smith, Ron Legrand and many other celebrity experts and Nick has led the marketing and PR campaigns that have driven more than 100 authors to Best-Seller status. Nick has been seen in USA Today, The Wall St. Journal, Newsweek, The New York Times, Entrepreneur® Magazine, FastCompany.com. The Huffington Post and has appeared on ABC, NBC, CBS, and FOX television affiliates speaking on subjects ranging from branding, marketing and law, to American Idol.
Click here to visit Nick's website Celebrity Branding You Isnt He Just Talking About Personality Driven Marketing Social Media EXPOSED How YOU Can Use Social Media To Get More New Customers NOW Personal Branding Tips Common Mistakes and How to Avoid Them FREE Press How to get major columnists journalists and reporters to talk about you in their articlesfor free Your New Years Resolution Take Your Personal Brand to the Next Level in 2012 |
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