Showing posts with label response rate. Show all posts
Showing posts with label response rate. Show all posts

Tuesday, March 8, 2011

Data Appending. The Devil is in the Details.

Dear Prospect,

You called me last week about appending email addresses or phone numbers to your house list.

Phone Conversation"Can you do it?" You asked innocently.

"Certainly!" I responded.

"What will my 'hit rate' be?" You asked.

"Arrrrrgh!" I thought, thinking to myself that this obvious question is as difficult to answer accurately as the other slow-death-by-quicksand question "What will my response rate be?"

I took a deep breath. Here we go again. I'm dealing with someone who wants an absolute number—almost a performance guarantee—in an area that has so many variables that any answer I give him will be wrong.

I thought about your question for quite a while before I spoke again. Here are some of the thoughts that were racing through my head in those 10 seconds of silence:

How fresh is your data? How often do you update? If we're trying to append information on data that is even 5 years old, lotsa luck!

Do you want the data to match to name only? To name and address? To name and zip code? To multiple "touch points"?

So many unanswered questions
What about name variations? Maybe you have "Joe and Mary Smith" in your data. What about "Joseph and Mary Smith" or "Joseph L. and Mary A. Smith"? or "Mr. and Mrs. Joseph L. Smith" or any of a dozen other ways this name could be presented? How do you want to address this issue?

What do you need? Do you have specific goals and needs? If you've got a specific end-game, please let me know. I can help you better if you give me more information.

You didn't have any answers for me, but I kept slogging on.

Are you willing to invest time and money to bring your data up to snuff if it needs to be done?

How many passes are you willing to pay for to get the output you want? Are you willing to test vendors to see which produces the best outcome for you? After all, not all data files are created equal.

What are your expectations? If we get a 30% match is that OK? 60%? Or is nothing less than 100% acceptable? So much of our success will be dependent on your data. So much of your happiness over the results will be based on your expectations going into the process.

So here I am, on the horns of a dilemma. We can do what you want, but I know that you want an absolute number that you can plug into an equation that will prove (or disprove) the efficacy of the effort.

I'll be waiting for you...
I can try to educate you about the process, yet the largest variable in the entire equation is your data. You're asking me to give you a project cost and a performance guarantee based on something that you know more about than I do.

The call ended with you saying (not too convincingly) that you'd get back to me. I fear I shattered your preconception that this would be an easy-in easy-out conversation. And it wasn't.

I hope you do call back. But I fear you've gone to someone who would give you a glib (and useless) answer.

I'll be waiting.

Tuesday, October 26, 2010

Show me a Little Love!

Marketing Strategy - Show Me the LoveEvery marketer—whether working in a for-profit or not-for-profit—has one goal: Get customers, clients and donors to “Show Me the Love.” You want them to sign in, sign up, and send money.

In the dark days of yore, your options to reach these folks were limited. Direct mail; print, radio and TV advertising (or PSAs); public relations (like press releases); telephone solicitations; special events, and of course, word-of-mouth. You recognize it: It’s Marketing 101 stuff.

But today is a Brave New World, gentle people. Statistics show that each one of us is bombarded with 5,000+ advertising messages per day. That’s more than our great grandparents saw in their entire lifetimes!

Email, social media, PURLs, and text messaging has added opportunity, but has made it harder to get your message to stand out from the crowd. Figuring out where you get your donations or sales from is affecting marketers in all industries.

We are all adrift in a sea of uncertainty. Some of us simply have better life jackets than others.

So many options. So few facts.

Generation YBefore you develop that fatal deer-in-the-headlight stare, consider the age of your target market. Younger folk have a variety of paths from which they get information, and no single channel predominates. Muddying the picture further, the X and Y crowd don’t seem to have developed the brand loyalty of older generations, so their allegiance is up for grabs until a clear pattern emerges. Older folks tend to stay with what they know and are comfortable with.

Here is what’s working (or not!) for a variety of marketers:

Retail. 100% of us buy retail. Just ask Safeway. But just over half of us say they have made contributions at the grocery or retail store. Most of the contributors are younger, as older folk still prefer to receive their information through direct mail, and younger people tend to spend and give more spontaneously (ie “Would you like fries with that?” “Of course!”)

Internet. Despite lingering privacy issues, most of us shop on-line today. Retailers are making great headway on the web. Non-profits are benefiting as well. 35% of the Gen Xers have gone on a charity’s web site to contribute as have 29% of the Gen Yers. But here’s the bad news: What had gotten them to that website in the first place is still TBD.

Social Media. Social Media is still largely a young person’s game. Nearly 100% of individuals under 30 use social media, with that percentage decreasing as age increases. While many of the younger users look to friends for recommendations, older users don’t. 36% of those under 30 years old have talked about a charity with friends in the past month and 29% have posted that information on their Facebook page; oldsters, not so much.

Text messaging. With near 100% cell phone market penetration, you’d think that text messaging would be huge. For instance, 77% of the public had heard about contributing to Haiti earthquake relief via their cell phones and 36% indicated willingness to contribute this way. But there is a huge generational divide. While 13-14% of the X and Yers contribute by phone, only 4% of Boomers do.

Social Events. Younger people tend to prefer social events such as 5K runs and galas. Older individuals who participate in galas tend to be gala goers, not long term prospects for donations (“I want to be seen with the right people.”) Younger people tend to give/buy spontaneously without much forethought. By comparison, older donors like to do research before they invest (think Consumer Reports and charity watchdogs), hence social events provide a bit of peer pressure to get more from younger audiences.

Direct Mail. Direct Mail is still one of the best channels for reaching people. DM earned attention—and money—from almost 100% of the Boomers, 43% of the Xers and 26% of the Yers in the last year. The age divide continues: Individuals born before 1965 voiced a strong preference for direct mail; people born after 1965 preferred web sites.

Haven't Been able to ComputeIt goes on and on. Today’s multi-channel environment demands that marketers find new ways to determine response rates and ROI. We’ve figured that much out.

We haven’t figured out how to compute the value of internet vs DM (direct mail) vs WoM (word of mouth) vs text messaging vs Social Media vs special events, etc.

So many options. So few facts.

Like so many things, it used to be simpler.

Give me a hug. I need one.

Thursday, April 30, 2009

Why do I like direct mail?


As a marketer, I like direct mail because it is a proven marketing technique that’s been around for years. Yes, it’s a bit old fashioned. But that’s not always a bad thing. You can get hurt on a cutting edge. It’s all perspective.

I like the
preparation and planning that goes into a mailing. The thousand and one decisions that can make or break the campaign. The copy. The graphics. List segmentation. Proofs and press checks. Deadlines and re-dos. The stress and the pressure. The teamwork. And the feeling when it’s all over that “We got it right.”

If, as my wise Grandmother used to say, “Anticipation is half the fun of getting there” then that time waiting for the mail to hit is indeed a delicious pins-and-needles pleasure. But much like Alaskans who wager on the day and hour when the frozen river will break up in spring, we wait anxiously for the day when the mail hits.

Watching early returns come in is like a game of expanding geography. First the areas closest to our mailing point come in, then spreading farther afield, moving from East Coast to West Coast in a predictable pattern validating our pre-launch planning.

As a user of direct mail, I know it works. I see
responses come in, building housefiles, making sales and providing information we can use to make our next campaign even better. Every response is validates the planning process and ultimate execution. Our team rocks!

I value how targetable direct marketing is. I know that by pinpointing our message to each audience in our universe, we can make our approach more personal and generate more response. Manipulative? Maybe a little. Marketing magic? Absolutely!

I appreciate how statistically quantifiable direct mail marketing is. No other media allows us to know exactly how many people received our message, how many opted to respond, and at what level of commitment. It proffers verifiable, concrete proof of performance.

On the other hand, as a recipient, I like direct mail because it lets me choose who/what to let into my home, my head, my wallet. It’s polite and gracious, allowing me to respond as I deem appropriate.
I like direct mail for its “keeper” value. I can act on it immediately, or I can store it away for action later. I go back to it when or if I want to, on my time, at my convenience. I keep catalogs so I can see fashion trends on the horizon—and confirm just how truly hopeless I am.

I like direct mail because it has tactile value. I can hold it in my hand. It has physical heft and reality.

I like direct mail because it has a wonderful freshly printed smell that is faintly reminiscent of my Father’s beloved workshop.

My bottom line: I like direct mail because it works. On so many levels.

Need help with your direct mail marketing? Consult a professional like Paul&Partners. We’ll help you navigate the postal regulations to ensure you get the best postage rate available to you. We’ll help you
design a package that is the right one for you and your budget.

Check us out at
www.PaulandPartners.net. Let us know how we can help make your next marketing program more successful.

43670 Trade Center Place, Suite 150, Dulles, VA 20166
Phone: 703.996.0800 Fax: 703.996.0888 1.866.365.2858

Friday, April 24, 2009

Email could learn lessons from Snail Mail Marketing


"Snail Mail"-aka direct mail-is truly alive and well. Need proof? Just look at your mailbox. Every day there are provocative mailings that demand you read them.

Old technology snail mailers have a thing or two to teach tech-happy eMarketers about good marketing. Here are some Marketing 101 errors I found in my email just this week-amateur errors that cost these companies my time and attention.

Lesson #1 Verify the basics: presentation, spelling and grammar. We all know that direct mail isn't instant. But it's typically better thought out, more compelling and better composed than text messages or email blasts.

Just this past week I received email blasts from bona fide companies offering to get me some of the "simulous [sic] money that's flooding the market" and help me "refiance [sic] my home." And I don't even want to think about the spam I get offering a "free colege [sic] education" or cheap "Canadan [sic] pharmaceuticals."

Can you imagine a direct mail piece going out with those egregious errors?

eMarketers: Check your spelling before you hit the "send" button. Your error makes it easy for me to ignore your message. It makes you seem unorganized and ill-prepared. And I don't choose to spend my time or money with someone who is either unorganized or ill-prepared.

Lesson #2. Time is your ally. OK, direct mail takes longer to produce, longer to deliver and longer to start to get feedback. But time can be your friend. Truly.

Time gives the marketer a chance to think about his message. It lets him prepare it in a compelling way and select graphics to reinforce the presentation. It gives him an opportunity to consider what audience would be most receptive to his message and to craft his message to that audience. It gives him time to reflect, to reconsider, before he pulls the trigger.

eMarketers: Don't be a cowboy. Plan then execute! Doing things fast and doing things right shouldn't be mutually exclusive.

Lesson #3. Know your audience. Good direct mail does a terrific job of talking to its audience. Successful marketers who put direct mail together think about their audience before they launch. That's why letters are personalized to the recipient-to reestablish the existing relationship. That's why people living in apartments don't get letters meant for homeowners. Or why hunters don't get letters intended for PETA members.

It's patently obvious: market to someone you know with a message that is right for that person, and you'll increase your response rate. Duh!

If my incoming email is an indicator, the guys (I'm assuming they are guys) who generate this electronic stuff need a few lessons in who they are reaching out to.

As a woman, I don't need little blue pills that will give me "hours of exstacy [sic, again!]" and I certainly don't need to "keep her happy all night long." ...As a college postgrad, I don't need a free college education...As an owner of a company, I don't want to work out of my house at night to generate extra income. I am not interested in buying foreclosed property or in becoming a secret shopper, or in getting free coupons for products/stores/restaurants I don't buy/frequent/eat at.
Come on, guys! Focus!

eMarketers: Rifles work better than shotguns. Targeted, personalized messages work better than helter skelter get-as-many-out-as-you-can-in-as-short-a-time-as-you-can. That's leaping before you look. That's stupid marketing.

Lesson #4. Quantity does not equal Quality. If your marketing plan is to send out as many emails as you can to as many people as you can hoping that something will register with someone, then you have no plan. You're wasting your money and my time.

By the way, sending me the same email twice in 5 minutes does nothing to endear you to me. Sending it to me four times in two days alienates me. Got it?

Lesson #5. Give me a way to get back to you. Let's suppose I'm interested. Please be sure your email has an obvious "Contact us" link that I can use. Better yet, give me the name of a real person with a real phone number.

Oh yes-back to Lesson #1. Check and re-check your info. Be sure you've got the phone number and "contact us" link correct. Last week I responded to the Contact us link and got back a bounced message that [name of intended recipient] was no longer employed at [name of company that sent me the email]. Geez. No one is watching that store to be sure! Makes one wonder.

Maybe I am a little old gray-haired lady who is a bit crotchety and stogy. But I am your potential customer. That should count for something.

Take a lesson or two from the fuddy duddies who do direct mail marketing. Focus on the marketing basics. Good copy. Good graphics. Correct spelling. Relate your message to the recipient's interests/needs. Provide a reliable respond-back mechanism.

They've been doing it right for 50 years. Study the masters.

Need help with your direct mail marketing and email marketing? Consult a professional like Paul&Partners. We'll help you navigate the postal regulations to ensure you get the best postage rate available to you. We'll help you find the perfect people for your message, and then we'll design a package that is the right one for your audience and your budget.

Check us out at www.PaulandPartners.net. Let us know how we can help make your next marketing program more successful.

43670 Trade Center Place, Suite 150, Dulles, VA 20166
Phone: 703.996.0800 Fax: 703.996.0888 1.866.365.2858
www.paulandpartners.net sales@paulandpartners

Friday, March 20, 2009

Diamonds are a Girl’s Best Friend...Sometimes.

…and sometimes it’s PURLs!

PURLs (Personalized URLs) are the latest and greatest marketing tool to hit the street this decade. And that’s saying a lot.

It works like this: a savvy marketer (OK, we’ll assume it’s you, wise and wonderful friend) has asked Paul&Partners to help you (that’s the part that makes you both wise and wonderful!)

First P&P sends a letter or postcard to your intended audience. The card invites the recipient to “go to this website I’ve created for you” to learn more about blah blah blah.

The invitation P&P has created for you has the recipient’s name in color so it’s very obvious. (Remember, people always love to see their names in print. Color ensures they will see it.) So the curious recipient checks it out. Voila! He’s entered the wonderful world of PURLs.

On his personal URL, you greet him by name. You give him content of value—something of real interest and benefit (read the previous article on marketing to Gen-Xers). Maybe you ask a couple of questions that are apropos to your better understanding his needs (ie “I’ll be ready to buy this item in 1 week…1 month…6 months”). Maybe you give him a link to your main web page where he can get more in-depth information. Certainly you ask for any contact information you don’t have embedded in the PURL site already.

So far so good, right? I’m just getting started.

Assuming he answers some of your questions, he’s giving you important marketing intelligence so you can tell how to better approach him next time.

If he didn’t answer your questions, you can at least see what he read and how long he stayed on your site. So you can ascertain his level of interest and in what specific areas he has interest.

Tres’ cool, indeed. But it gets better.

When he logs off, you know instantaneously who has visited, what list he’s from, what he read, how long he stayed, if he linked to your main webpage, and if he answered any of your questions. In other words, you know a lot about your visitor.

He’s left his footprints for you to follow. He’s telling you what you need to do to address him more pertinently in the future. He’s started a conversation with you, and now it’s up to you to respond appropriately.

But wait! There’s even more!

If you’re a certified number-crunching marketer then you should be delighted to know that the P&P’s PURL software can also give you the statistics you want…and can give them to you real time. So you know how many people have responded from each list…what the percent return is for each list…how many people say they want to buy your gizmo in one week…etc.

But perhaps you’re not selling gizmos. So what can you use a PURL to do?

Track alumni…accept contributions…make reservations…solicit volunteers…determine interest levels for various projects and programs…get people motivated and involved in a cause or issue…or just about anything else that could benefit from an informed two-way conversation between you and your constituency.

It’s useful for anybody who has something to market; it’s a good information exchange for the recipient; and it helps to build your relationship.

Do PURLs increase response rate? Absolutely! We’ve seen responses of over 4% on cold prospecting, and triple that on a housefile project.

Are PURLs expensive? Depends on your perspective. To get your usual predictable response rate, you can mail smaller quantities, so you save on production and postage. Or you can send more and see more results. But of course, setting up a PURL campaign does have a cost. Duh.

Want to know more about how PURLs can boost your marketing efforts? Curious about integrating PURLs into your marketing toolkit? Call Paul&Partners (703-996-0800) for the word on this newest direct marketing technology.

PURLs, anyone? They can be worth their weight in gold.


43670 Trade Center Place, Suite 150, Dulles, VA 20166
Phone: 703.996.0800 Fax:703.996.0888
www.paulandpartners.net sales@paulandpartners