Where to Start:
Most novice marketers have definite fixed ideas about direct mail that are way off base - most often in the area of what to spend and how much to do. You should determine what you are able to spend for your marketing budget, spend it, and determine the maximum number of leads that you can create. For instance, I've heard this statement quite often: "We aren't that large of a company. How could we send out 2,000 postcards all at once?" because "What if they all call?" ? seems like a valid concern, right?
Here is the reality behind it: Unfortunately they won't all call. However, a good deal of them very well may and making sure that your traffic in is not more than you can handle is something to think about. Truthfully, there is no sure way to tell exactly how many people will call if you haven't done this type of marketing before. Think of it this way. What would happen if they did all call? You may not be able to handle all of them, but you would handle as many as you possibly could, right?
In this scenario, you would have maximized your income for that time period providing you could close up all those callers! You can also explore the idea of expanding your operation to handle the number of leads that you can create.
What if you didn't max out your promotion at the very start? You can afford to send out 4,000 pieces every two weeks but you think that you will simply get too many calls to be able to handle them all. You, instead, send out only 2,000 and the response is decent. However, you still have some down time where you are having to try to "manufacture" sales.
You saved $400 in marketing money but you had enough down time where you could have closed quite a few more sales than you did. The question now is "Which gives me more money in my pocket? Saving $400 on marketing or closing quite a few more sales and earning an extra couple of G's potentially." More than likely the answer is to spend as much as you possibly can on your marketing, right?
By spending all that you can afford on marketing when you start a program you maximize your income almost immediately.
Okay, Time to Track Results:
Hopefully you have more than one way that you try to recruit new customers. So how do you know which ones are working and which aren't? Set up a system to track the results.
Let's take for example a situation in which you decide to start a Postcard Marketing Campaign for your business. The first week you send out 3000 postcards. When they start hitting homes you get 30 calls. Did all of these leads come from the postcards? Probably not. Because the week before you got 8 calls and hadn't sent out any postcards yet. So how can you tell who actually got a postcard?
The Answer: All you have to do is ask them. "So how did you hear about our company?" The hard part is making sure that any employee in your company who answers the phone and may talk to a new prospect remembers to ask the question every time. The fewer prospects who answer this question, the less accurate your information will be when making future marketing decisions.
Now let's assume that you have been sending out postcards for a while and you have a good number of calls coming in. If you ask the question "So how did you hear about our company?" they may respond, "I got your postcard in the mail." But, by now you have mailed postcards to 4 different lists, 3 times each. How do you tell which list and which mailing this customer was from?
The Answer: Put a marketing code on the postcards that will tell you which specific postcard they received and when it was mailed.
Give each list a name and work the date into your marketing code as well. And the only thing your representatives have to ask is "Would you mind reading me the marketing code above your address?" This code should give you all the info that you need to know and help you keep your Marketing Results Tracking as accurate as possible.
Try not to operate off of assumptions about "how to market" if you haven't educated yourself. And make sure you collect all the data and make your future marketing decisions based on the facts.
Joy Gendusa founded PostcardMania in 1998; her only assets a computer and a phone. In 2004 the company did close to $9 million in sales and employs over 60 person. She attributes her explosive growth to her ability to choose incredible staff and her innate marketing savvy. Now she's sharing her marketing secrets to others. For more free marketing advice, visit her website at http://www.postcardmania.com
|
|
|
|
|
|
|
|
|
|
|


There comes a time in every small businessperson's life when... Read More
I often wonder how the practice began of pretending to... Read More
If you pick up a copy of the November 2003... Read More
Postcards are an effective way for many business owners and... Read More
Is your marketing department taking advantage of MOM and MRM?... Read More
A provocation for the coming year, decade, century or millennium.By... Read More
Email CampaignsEmail marketing can be a tremendously valuable tool for... Read More
A while back a small business owner paid me a... Read More
Once you have decided to participate in a trade show,... Read More
We all know the importance of marketing to increase sales... Read More
What's black and white and read all over? A newsletter... Read More
Being a master of your craft, skill, or talent doesn't... Read More
"Traction. Articulation. Ground Clearance. Maneuverability. Water Fording. We've put your... Read More
The buzzword these days is "relationship" marketing. Just what is... Read More
I just spent a week at the beach with my... Read More
A church in my community provided me with one of... Read More
These ideas are for anyone that has a small budget... Read More
Looking for the magic formula or the whiz-bang approach that... Read More
Many artists create art but when it comes to marketing... Read More
One very powerful and cost-effective marketing strategy is to study... Read More
Differentiation, niche marketing, and positioning. These and other related business... Read More
One key discipline of successful direct marketing has been to... Read More
I would like to introduce you to one of my... Read More
All small businesses can benefit from inexpensive off the shelf... Read More
Did you now how to follow up a new customer... Read More
The single biggest, non-renewable asset you have is your time.... Read More
If you're reading this article, chances are that you, like... Read More
Business owners often find it difficult to know whether their... Read More
The trick to a good promotion is to attach your... Read More
Direct marketing is built on four things. The other way... Read More
With all the shuffling that's been seen in the search... Read More
Trading reciprocal links is one of the best ways to... Read More
Good marketing, whatever form it takes, always meets certain criteria.... Read More


Do you want to successfully market your business franchise online?... Read More
1. Print your best small ad on a postcard and... Read More
Face it?you know you've got to do something to keep... Read More
Where to Start:Most novice marketers have definite fixed ideas about... Read More
1) Create systemsCreate systems for everything you do, especially those... Read More
Dear Friend,You're ripping me off.How? You may be thinking, "We... Read More
Now that you have had a chance to create a... Read More
Do you feel uncomfortable when you're in the trade show... Read More
What if you've done a variety of marketing activities over... Read More
This is how the conversation went on my follow-up visit... Read More
You probably read my headline and thought, wait a minute,... Read More
In previous articles under "Meaning and Marketing", we have learned... Read More
Strategy #1: Change Your Mindset That's right, change your mindset!... Read More
Postcards may be one of the best kept secrets of... Read More
Some companies that use direct mail to sell their products... Read More
How Toyota Captured the #1 Market Share . . .... Read More
What is it like from a marketing perspective to be... Read More
Telemarketers... ooohhh... I'll bet we've all got a nice story... Read More
A few decades ago, in the early days of automatic... Read More
Trade shows are part of the marketing mix and the... Read More
Business to business communications on the web are as stale... Read More
Regardless of how many forms of promotional material you create,... Read More
Many artists create art but when it comes to marketing... Read More
So you're starting a small business. You figured out what... Read More
One of the most rewarding, inexpensive, under-used, and effective methods... Read More
As a promotions director for a lot of super markets,... Read More
If you're looking to drive more targeted traffic to your... Read More
Some people use the words "client" and "customer" interchangeably or... Read More
"Instead Of Wasting Time Trying To Hit The Lottery Of... Read More
Niches are like bathrooms; you never notice them until you... Read More
Do you ask prospective clients to go too far?Must your... Read More
Are you on track for hitting all your business goals... Read More
In the world of business, marketing is often conveyed as... Read More
Marketing |