As the majority of American adults hunker down at home, with all but essential businesses closed or working remotely because of the COVID-19 crisis, AccuList reminds marketers of the unique advantages of targeted direct mail, which takes promotions right into homes, has the highest response rate of any channel, and has the ability via print technology to connect with digital, too. A post by direct-response agency SeQuel Response notes that since the majority of American have responded to the crisis by increasing online shopping, many direct marketers have flooded the digital zone with new e-commerce sites, digital advertising, social media promotions, and e-mail. With online channels overcrowded, direct mail offers a way to reach consumers in their homes and rise above the noise. The agency provides some good tips: 1) Ensure creative elements and messaging align with consumer sentiments for positive brand awareness; 2) reconsider mail frequency and timing if warranted but make sure not to lose touch with the audience; 3) solidify existing customer relations, with increased focus on retention and brand awareness to help survive on the other side of the crisis; 4) integrate direct mail with digital marketing, a proven way to boost response and reduce CPA, including use of print technology, such as QR, AR and VR; and 5) plan for the post-crisis world, recognizing that a campaign takes six weeks from list development to mail drop, to make sure messaging can evolve post-crisis. Given current disruption of buying processes, “optichannel” campaigning, meaning supporting a customer’s buying process via the channel best for them, becomes essential for ROI. Direct mail adds special advantages to an optichannel mix, especially when combined with modeling and digital integration, argues a recent Target Marketing magazine article. Among the article’s examples is Galileo Learning, which operates children’s summer camps in California and Illinois. The company used response-lift customer modeling to identify higher-response prospects on external lists and then put the resulting savings toward even better creative. As a result, response surpassed expectations by bringing in 155 new campers and $66,000 in new revenue. In another Target Marketing case study, Meals on Wheels, in the Diablo region of California, mailed a holiday donor appeal that garnered $230,000 in donations and 43% new donors. The charity attributes the 75,000-piece mail campaign’s success to, first, defining more-responsive list segments for existing donors, lapsed donors and prospects via demographics and customer-look-alike modeling, and, second, adding targeted digital advertising (e-mail, social and online display) that delivered a 600% increase in campaign impressions over the mail-only control. For more, see https://www.acculist.com/amid-virus-disruption-direct-mail-has-optichannel-advantages/
David Kanter, President and CEO of AccuList, is a list brokerage and direct marketing expert. For more than 30 years, he has helped companies and nonprofit organizations achieve their marketing goals. With David's Direct Marketing Forum, he shares, and invites others to share, helpful direct-marketing industry news, trends, analyses, resources, and tips for success. Please read our Comment Policy.
Showing posts with label print technology. Show all posts
Showing posts with label print technology. Show all posts
Tuesday, March 31, 2020
Tuesday, October 1, 2019
Catalog Marketing Retains Retail Clout
Consumer retail catalogs, far from fading away with the growth of e-commerce, have continued to deliver for our omnichannel retailers. A Multichannel Merchant blog post earlier this year cites a number of reasons why retailers should consider expanding, reviving or initiating a catalog marketing effort, especially with an eye to upcoming holiday spending. Catalogs are not, as some assumed, favored only by older buyers, while younger buyers focus on digital channels. In fact, research has shown that 65% of millennial target buyers have made a purchase influenced by a catalog. Today's lower mail volumes combine with the unique visual and tactile qualities of print to make catalogs stand out in terms of engaging interaction for younger generations, boosting response over online display and even e-mail. Retailers who integrate catalogs with stores, websites and mobile in omnichannel acquisition campaigns boost response and conversion overall. For example, researchers have found that 20% of first-time customers make a purchase on a retailer’s website after receiving a catalog. Today's more sophisticated data analytics and marketing technologies let marketers track spending habits and response across channels to better leverage catalogs as part of omnichannel marketing campaigns. Retailers can not only use use variable data printing to personalize catalogs based on demographics and purchase behavior but can then use intelligent fulfillment technology to integrate targeted catalogs and samples into the existing fulfillment operation to expand brand marketing opportunities. To capitalize on online response to print catalogs, retailers can use innovations such as quick codes applied to printed catalog products for easier online purchasing. And they can use nimbler, on-demand printing to offer repeat customers a catalog built to their unique interests. With holiday marketing campaigns in mind, the Multichannel Merchant post suggests that retailers with order packing software in place can simply assign an SKU to a catalog or a pending holiday Buyer’s Guide, include the SKU in order packing software rules, and pack a catalog in each shipment as part of a holiday campaign, boosting brand recognition and repeat customers. To learn more, see a listing of AccuList's consumer catalog clients at acculist.com/consumer-catalogs/(opens in a new tab)
Wednesday, September 25, 2019
Industry Trends Help Business Print Magazines
New print publishing trends and innovative marketing options offer good news for business periodical publishers seeking to boost subscribers and advertising for their print versions. The growth of digital readership has not doomed all printed periodicals to declining circulation and revenues, as some predicted. In fact, a recent What’s New in Publishing article cites multiple ways print magazines are adapting for growth. For example, publishers are focusing on niche audiences willing to pay more for a higher grade product and cutting down on frequency. Consider the Harvard Business Review: It grew its subscriber base 10% by reducing print frequency from 10 issues to six a year and using smart positioning, creative new digital benefits, and heavier investment in the quality of the six print issues to increase audience appeal. Printed information is also seen as more reliable by readers and advertisers, according to research, creating a "halo effect" for business publishers with a print edition. "The good news for printed business magazines is that their credibility has a halo effect on their websites, too, which gives them a competitive advantage over digital-only competitors. People may be buying fewer magazines, but they still associate them with quality and reliability," explains the publishing industry’s Dead Tree Edition blog. Plus, despite fears that younger business readers were turning mainly to digital sources and social media for information, publishers can take advantage of continued print readership popularity. For example, the Association of Magazine Media’s "Magazine Media Factbook 2018-2019" shows that, in the United States, "the top 25 print magazines reach more adults and teens than the top 25 prime time shows." Meanwhile, new print technologies and a revival of traditional marketing tools offer business periodicals options for boosting audience and advertiser appeal. A recent article from media agency Mediaspace Solutions cites some ideas that publishers can leverage. With the digital space crowded, noisy and less trusted by potential readers, direct mail campaigns have increased in effectiveness, the post notes. Plus, many publishers have returned to sending printed newsletters to subscribers. Print technologies (QR codes, augmented reality, etc.) are not only tools for better direct mail response but also a way to attract print advertisers by boosting print advertising effectiveness, the post points out. For example, augmented print stacks digital content over a print ad so that when the print ad is scanned by a smartphone, a new digital ad springs to life. Personalization is a must in today’s marketing, and business publishers can combine list segmentation with variable data printing to personalize direct mail campaigns for audience building. Plus, subscriber list segmentation can be offered to print advertisers to help them craft more targeted messages. See the full post on our website blog at https://www.acculist.com/industry-marketing-trends-help-grow-printed-business-publications/
Wednesday, March 27, 2019
Use 2019 USPS Promotions to Up Mail ROI
AccuList reminds direct marketers of the raft of 2019 U.S. Postal Service mailing promotions designed to increase response, engagement and ROI via new digital technologies and printing techniques, as well as traditional mail tactics. The registration and promotion periods have already begun for a Tactile, Sensory and Interactive Mailpiece Engagement Promotion that will last from February 1 to July 31. With the goal of encouraging marketing mailers' use of advanced print innovations in paper and stock, substrates, inks, interactive elements and finishing techniques, all USPS Marketing Mail letters and flats are eligible for the promotion’s upfront 2% postage discount. Registration has also begun for the Emerging and Advanced Technology Promotion, open to First-Class Mail and USPS Marketing Mail. The promotion, also offering an upfront 2% postage discount, spans the March 1 to August 31 period this year and is designed to help direct mailers leverage emerging technologies such as Augmented Reality (AR), Virtual Reality (VR), Mixed Reality (MR), Near Field Communications (NFC), and Video in Print, as well as multi-channel mail integration with Addressable TV or digital assistants. Hurry to take advantage of the Earned Value Reply Mail Promotion since registration closes March 31. The April 1-to-June 30 promotion rewards mailings using Business Reply Mail (BRM), Courtesy Reply Mail (CRM) and Share Mail envelopes and cards by providing them with a financial benefit when customers put those pieces back in the mail. New participants will earn a 3 cent credit per counted reply piece between April-June. Created by USPS to encourage bill and statement producers to invest in dynamic/color printing technology, the Personalized Color Transpromo Promotion also offers an upfront 2% postage discount. Registration starts May 15 for incentives running from July 1 to December 31. First-Class Mail pre-sort and automation letters—bills and statements only—that meet the dynamic print and personalization requirements will be eligible for the upfront 2% postage discount. The Mobile Shopping Promotion benefits marketers who send regular and nonprofit Marketing Mail letters and flats combining mobile with print, with registration starting June 15 for a promotion lasting August 1 to December 31, in time for the holiday season. There are many new mobile bar-code formats, in addition to payment QRs, that can be leveraged to qualify for the upfront 2% postage discount. Finally, this year’s Informed Delivery Promotion pushes the new USPS omnichannel tool that allows residential consumers the free ability to digitally preview letter-sized mail and manage scheduled packages on their computers, tablets, or mobile devices. Regular and nonprofit Marketing Mail letters and flats, and First-Class Mail pre-sort or automation letters, cards and flats will be eligible for an upfront 2% postage discount. Register starting July 15 to take advantage of the September 1 to November 30 promotion period. For more, go to https://www.acculistusa.com/mailers-can-use-usps-2019-promos-to-spur-roi/
Labels:
addressable TV,
AR,
BRM,
CRM,
digital assistants,
dynamic color printing,
Informed Delivery,
mobile in print,
NFC,
postage discount,
print technology,
QR,
USPS promotion,
video in print,
VR
Wednesday, August 22, 2018
Tips on Integrating Direct Mail & E-mail to Rev ROI
Even though omnichannel has gone from marketing buzzword to marketing given, marketers can still face challenges in getting the most ROI from direct mail and e-mail integration. A recent MarketingProfs post offered a collection of stats and tips that can help. For those who doubt the power that traditional mail can add to a digitally focused effort, the article cites a few important facts about snail mail's bottom line punch. For example, campaigns that use two channels together, such as direct mail and e-mail, have been shown to get up to a 35% lift over those using a single channel, per IWCO Direct data. The younger generation may be very digitally savvy, even addicted when it comes to social and mobile, but recent studies from the U.S. Postal Service prove mail's sales power: A whopping 57% of Millennials make purchases based on direct mail offers! Other USPS studies show why mail works so well regardless of age: People spend more time with physical advertising, have a stronger emotional response and remember the physical promotion better than digital efforts. Plus, beyond the ability to use direct mail's sizes, formats and tactile designs to grab attention, today's print technology makes it easy to link a printed piece to digital channels via QR codes, near-field communication (NFC), and augmented reality (AR). So how do you get the most out of a direct mail-e-mail marriage? Here are some ideas from the MarketingProfs post's authors, Dennis Kelly, CEO of direct mail automation tool Postalytics, and Nancy Harhut, a creative director who has worked with leading brands such as Google, Adobe, McGraw-Hill, and Nationwide Insurance: 1) Consider delivering critical information in both channels to reinforce the message; 2) Have each communication build on the previous one; 3) Use direct mail to emphasize a key message or break up the expected routine; 4) Ensure both e-mail and direct mail adhere to the same graphic standards and reflect the same voice so each piece reinforces and extends your brand promise; 5) Use direct mail to initiate a conversation with people whose email addresses you do not yet have, or with those who have repeatedly not responded to your email. For more, see the full post at http://www.acculistusa.com/learn-how-to-integrate-direct-mail-e-mail-for-max-results/
Tuesday, January 23, 2018
2018 USPS Rate Hikes Challenge Marketers
On January 21, the U.S. Postal Service bumped up its rates for almost all mailings by direct marketers and publishers: Marketing Mail (formerly Standard Mail), First Class Mail Retail, First Class Mail Discount and Periodicals. What are some of the strategies to offset the effect on marketing budgets? Before panicking, mail marketers need to check out the whole USPS rate change grid. A 1% to 2% overall increase will be higher or lower depending on the class, weight, zone, density and special services required, and there are actually some savings to be had. For example, while the First Class stamp is going from $0.49 to $0.50 for a 1-ounce letter, a 2% bump, the USPS did not increase the additional ounce rate, so the percentage change gets smaller as items get larger. Meanwhile, metered letters are increasing from $.46 to $.47 in postage, which offers a significant savings of $0.03 per piece for those using a postage meter or PC postage, points out a recent Mailing Systems Technology post. Although most USPS discounts are tied to doing more work, such as barcoding or sorting, this metered rate savings is automatic for just using a system to print postage that costs as little as $20 per month, the article notes. There are other savings to be had via presorting, adds the Mailing Systems Technology article. For example, last year the USPS increased the weight limit for letter rates from 2 ounces to 3.5 ounces. Now, with the rate for a 3-ounce metered letter at $0.89 and a commercial rate of $0.378, there's a potential 58% savings from using presort services. Package changes can help the budget, too. Folding a flat (9x12 or 10x13) package into a 6x9 envelope could mean significant savings with the new rates. A three-ounce flat at $1.42 now could cost as little as $0.378 if it can be put in an envelope and automated through in-house software or presort services. Plus, mailers sending Priority Mail items at retail rates using Click-N-Ship or a postage meter can switch to a PC Postage solution using commercial rates to save 10% overall, or 2% to 40% less based on weight and zone. As data brokers, AccuList USA stresses that these postal cost changes also should push marketers to use data-driven direct mail in more strategic and creative multi-channel campaigns. To maximize mailing ROI, marketers should cut wasted mail by improving targeting, mailing list selection, and data/address quality, as well as apply response-boosting creative tactics, such as personalization and special printing effects. For rate tables and more advice, go to http://www.acculistusa.com/2018-usps-rate-hikes-challenge-direct-marketers/
Labels:
data hygiene,
direct mail,
First Class,
mailing lists,
marketing budget,
Marketing Mail,
metered mail,
periodicals,
personalization,
postal rates,
presort,
print technology,
targeting,
USPS
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