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Smart
Alternatives to Direct Mail
by G.H. Bey
Many people will
agree that a decent letter could be the most effective
marketing tool. If used smartly, a bunch of folded sheets
will be your treasured winner for many years. It can also be
very expensive.
Everyday is open
season for the large companies who mail thousands or
millions of sales literature by bulk. They have perfected
their campaigns through the years. Furthermore, they may
have even began with a proven winning strategy. It surely
works for clearing houses and catalog marketers.
It is a different
story, however, for the average home mailer. Not having a
permanent marketing department or high caliber consultants,
you have plunged into the business with sheer determination.
You will not feel the pain, initially, for that occasional
100 postcard mailing or daily booklets of stamps. However,
as months go by, the gloom of achieving a 0.01% response
rate and seeing your growing pile of printing and postal
receipts finally devours your clever plan of growing a real
business. After spending $500, you net two sales, several
leads, and a bruised ego. Glance into your garbage can and
seeing those reverse mailings from other people make you
feel like someone is pouring lemon juice into your
entrepreneurial wound. Still, you wake up stronger than
ever.
Testing your
materials makes sense, but sticking to a loser is hopeless.
Responses will not improve just by mailing out more. Don't
break the laws of statistics. Not just because so many
others are still doing it means that it works. Usually, they
know nothing better. Everyone is into the same fantasy.
Until you find success, use the other promotional media
sparingly. And when one or two clicks, you could always
afford to diversify. Each has its own merits and costs.
Classified ads --
The best way to sell low priced items and generate leads
are the classifieds. Studies also reveal that it offers
faster results. On per-inquiry advertising, Mail Order
Success Secrets, by Tyler Hicks states that "the media
person can often estimate within a few hundred how many
inquiries you will get."
Display ads --
Space advertising ranges from the tiny 1" to full and
double page spreads. Bordered ads out pull pure text, but
with added costs. Watch for discounts on additional ads
and insertions, free typesetting and checking copies.
Card decks -- Ad
copies are usually effective in card packs when they are
around 150 words. They work well for generating leads for
high priced products or opportunities and can sell
moderately priced items. If it produces direct order
revenues 2 to 3 times the cost, your campaign can be
considered a success. Cost increases as the audience
becomes more targeted.
E-mail -- Use
this free medium for your existing customer base, down
line,
or receptive prospects. Forget about spamming unless you
want deep trouble.
Fax blasting --
Many years ago, this was the meaning of high-tech. It was
reported to work for sometime. Now, people receive offers
just because they have a fax machine or they once dialed
up a fax-on-demand number. They shell out ink and paper
(it adds up) and carries the cost of having their number
unlisted. There are plenty of other things. What do you
think?
The good old
flyers on the wall -- If you have the time and enjoy it
like I still do sometimes, zap some crisp copies of your
favorite ad and announcements and head to the Laundromats,
supermarkets and any decent place where they will allow
you to do your thing. Make it easy for passersby to get
your info. Don't expect them all to carry pens and paper
to jot your info down. They are known to rip off the whole
sheet and it's all over. Cut pull tabs or insert your
cards in a pocket. Pretty neat plus you will get some
local guys.
F.O.D.'s and web
sites -- Both require external promotions for themselves.
They are like your instant portfolios where prospects can
quench their desire for instant gratification. Remember,
interests can subside overnight. Even airmail can not
compete with the speed of info traveling through the
wires.
Internet
advertising -- There is too much hype about this medium.
The smart spender should base his decisions on statistics,
and sometimes gut feelings. People will con you into
losing $40 for a year of web 'presence'. But are you just
buying a roundtrip ticket to nowhere? Sites should promote
traffic and get you business, not just type your text on a
virtual purgatory. The web is sticky enough, who would
dare venture into nothingness? Check out things like
number of hits and their marketing program.
A good way to go is
to research all available avenues before you blow a whole
bundle. If you work with a company, you may not have to
re-invent the wheel. But don't do anything big and foolish
just because your sponsor said so. If he's, honest you would
not be dragged into doing the tightrope just to increase his
chances. Certainly not just because he said he earned $5000
last month doing the same.
At least co-op ads
makes a leader put his money where his mouth is. Or is it
one way of getting a free ride. Well, assuming that
organizing takes a fair amount of effort and he trusts the
medium, then he probably deserves the freebie.
Free enterprise.
It's your world. You can be in a business for yourself. Now,
you don't have to make it by yourself. Help is all around
you. Just make sure that providers are really helping you
get good exposure and not just helping you spend your money.
D.CRUZ
leads an advertising co-op that offers "almost-free"
marketing services and straightforward solutions. "Make us
worry about your promotions so you won't have to," is the
co-op's slogan. Exploit the savings and power in numbers by
reaching D.Cruz : Box 984, Seminole, TX 79360. (915)
758-5355. Visit http://www.freemall.com/dcruz
Get your FREE copy
of the Guide to Partnering for Profits by email: MunyCenter@AOL.COM or
call 1.800.404.1475 x1259.
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