Thursday, September 1, 2016

Targeted Lists Are Key to Dimensional Mail Success

Prospecting with dimensional mail is both attractive because of high response rates and risky because of high costs. So what's the key ingredient of success? Mailing lists that are appropriately and tightly targeted, answers a recent Entrepreneur magazine article on dimensional mail. Here are the facts: The Direct Marketing Association's 2015 "Response Rate Report" shows dimensional prospecting mail earns a median 2.8% response that betters the 1% of a letter envelope and postcard, or even the 2% of an oversized envelope. Dimensional mail works because it's often lumpy, bumpy, unusually shaped and/or weightier, which grabs attention in the mailbox and sparks a curiosity about internal rewards that leads to opens. However, while dimensional mail may earn top response rates, it also has the highest cost per thousand, at an average $1,205 compared with a standard letter envelope package's $583, per the DMA report. This raises the stakes but does not disqualify dimensional mail as an acquisition tool. Overall, dimensional mail for prospecting still comes in at the lowest $43 cost per response, compared with the highest cost per response turned in by catalogs ($112) and oversized mail ($105), per DMA stats. Success in this response-cost balancing act depends on another ingredient: list targeting. In his recent Entrepreneur article, Craig Simpson, owner of Simpson Direct, Inc., explains why dimensional mail works best with "a small, highly targeted group of prospects." It is also "invaluable" with "hard-to-reach niches," especially business-to-business  promotions that need to get past office "gatekeepers," he notes. Read the rest of our post at http://www.acculistusa.com/why-targeted-lists-are-key-to-dimensional-mail-success/