Increase Direct Mail Reaction Rate (And Receipts) By Sectioning Your List
June 10th, 2008This post deals mainly with:
- direct mail house receipts
If you want to increase gross victimisation direct mail, you have two choices: deal more to the customers you have, or happen novel customers and deal to them. The slippery component part is cognizing how to do that.
I advocate that you start by sectioning your house list. Splitting up your customers into groups that share a mutual involvement helps you realise your customers better. Let me instance.
Take for granted you are a business concern that manufactures and markets an line of Marco Polo and golf shirts that concerns issue to their staff as insouciant uniforms. You canvas your house list to encounter extinct who purchases what, and when and how. You are appearing for patterns, trends and opportunities.
Grammatical gender
You find that 75% of your customers purchase shirts for male staff only, even though you transport an line of womens shirts. There may be an chance here. You may be capable to encounter customers in similar industries as your customers, but in business concerns that are runned by adult females and that have female staff.
Manufacture
Appearing at the SIC codes in your house file, you larn that a large percent of your customers are retailers. This way you can appear for former retailers in early industry segments that may as well be concerned in your product line.
Purchasing cycle
Some other part of information that you reveal is that a sizable section of your customer base opts to have their shirts broidered with their society logotype or motto. What do these customers have in mutual in any case that? Are they in similar industries? Are they all mired in the cordial reception industry? You may spot a novel market place for your wares. Or bump a mode to upsell existent customers when they regenerate their orders.
Trends
You find that one shirt is more democratic this twelvemonth than it was last twelvemonth. Is this a furor? A tendency? Look cautiously and bump extinct. Mayhap you can capitalise on this novel evolution to turn your concern with existent and fresh customers.
Frequence
You likewise larn that a lot of of your customers order their shirts in the Springtime. Is this because the weather is turning heater, because your Spring prices are ever toned, or because your customers must hire all fresh faculty each Spring? Each of these three reasons demoes an unlike chance.
Defrayment method
Your customer database too states you that the most democratic payment method is checked out, postdated by credit identity card and hard currency. The most democratic culture medium is your catalog, postdated by your site (although your site is turning in popularity). Are there opportunities here for reduction your promotional cost by travelling your entire catalog line? Or for directing publicities by email alternatively of postal postal service?
As you can understand, the vantages of sectioning your customer database are outstanding.
- you unveil opportunities for making peculiar offerings for unequalled sections of your list
- you find trends that help you qualify your product line
- you pull together the cognition you need to get informed determinations about that prospect lists to lease
- you find potential markets that you held not even viewed earlier