What Type of Prospecting is Direct Mail?
If you’re considering using direct mail to reach new customers, you’ll want to think about what you offer and how it’s tailored to your audience. There are several great ways to use direct mail to target specific demographics, offer free services and products, and track your ROI. The following article will help you make the most of your direct mail marketing campaign. To get started, read the articles below to learn more about the different types of prospecting available.
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Offer free services and products
A successful direct mail campaign should include at least three pieces. Postcards are inexpensive to print and mail, so you can afford to use flashy four-color postcards to grab your prospects’ attention. Emails are virtually free to send, but their response rates vary based on their offer and their target prospects. Regardless of the method used, your direct mail campaign should include an unsubscribe option that is visible on each email.
Target specific groups of people
There are several strategies you can use to target specific groups of people with direct mail prospecting. For example, if you’re in the business of selling pizza, target people who live in the same zip code as your pizza parlor. This way, you can send pizza coupons to every house in the zip code that contains your pizza parlor. Make sure your mailing list is up-to-date with the National Change of Address database.
Once you have a good mailing list, you can start targeting specific groups of people. For example, if you’re targeting absentee owners, you can focus your direct mail efforts on those people. These people are highly motivated to sell their property. After all, missing a tax payment means they’re facing financial difficulties. Another example is a divorce, which can push them to sell their property. Targeting specific groups of people with direct mail will increase the likelihood of converting them into clients.
Create an offer that appeals to the customer
First, you must develop a mailing list. This list is essential for mailing your direct mail packages. The list must be composed of your ideal customers. Depending on your business goals, you can buy or rent a mailing list. After you have compiled the list, it’s time to write the copy. Keep in mind that your offer needs to appeal to your ideal customer. In order to get more responses, you should personalize the message and clearly state the offer.
Tracking ROI of direct mail marketing
When it comes to evaluating the effectiveness of a direct mail marketing campaign, tracking ROI is crucial. While response rate and conversion rate are critical KPIs, ROI is the holy grail of marketing metrics. Thankfully, the number of companies that achieve a higher ROI from direct mail marketing is much higher than you might expect. You can also use the insights that you gain by tracking your ROI to supercharge your digital campaigns.
The most common way to measure ROI is by using a custom URL, tracking codes, and telephone numbers. You may also track actual income generated by a direct mail campaign by looking at derived sales, products promoted, and trends. While these are not as accurate as tracking codes, they can be useful in identifying which marketing efforts are generating the most profit for your business. For instance, if a $25 discount generates 35 new customers, that would be a $2,375 return on investment for your direct mail campaign.