[WMD2016] Asend Direct >> Adelyn Zhou"Direct Mail 2.0 – Get ahead of the next big growth channel"

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Direct mail: The time-tested way to win new customers Adelyn Zhou @adelynzhou

Transcript of [WMD2016] Asend Direct >> Adelyn Zhou"Direct Mail 2.0 – Get ahead of the next big growth channel"

Direct mail: The time-tested way to win new customers

Adelyn Zhou@adelynzhou

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1. Why direct mail?2. Direct mail overview3. The List4. The Offer5. The Creative6. Testing and optimizations

Agenda

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Why direct mail?

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How I became a direct mail

expert

● Saw Google CPCs grow to exorbitant rates

● Watched “fans” become worthless on Facebook

● Tested endless display ads that never delivered…

Finally stumbled upon direct mail, one of the oldest marketing channel, and it worked.

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You’ve probably

seen pieces like these...

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... or these...

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...or even these shared

mailers in your mail

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Direct mail works!

Here are the facts:

● 70% of consumers say they open most of their mail, including what they label “junk”.

● 65% of consumers of all ages have made a purchase as a result of direct mail.

● 1.0% response rate with a new prospect list,3.7% response rate with an in-house list.

Source: Direct Mail Association

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Brands send mail because direct mail converts

Response rate by direct media channel

Source: April 2015 DMA report based on survey of 485 industry respondents. Figures for house lists.

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What makes direct mail

unique?

1. Leverage geographic targeting

2. Tap unreachable segments

3. Lower cost of acquisition

4. Diversify acquisition channels

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1. B2C

2. B2B

3. Startups

4. Large companies

Who does direct mail work for?

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Direct mail overview

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What are the basics of

direct mail?

There are 3 components of direct mail:

1. The list2. The offer3. The creative

And then there is the USPS, where knowledge of the details can save you big money on postage.

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The List

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There are two types of lists:1. House Lists: Existing

customers or leads that you have - and “free”

2. Rental Lists. Purchased or rented lists of demographic or selected targets.

Lists are your prospective

customers

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Popular demographic

selects

Geography Marital statusEducation

Income Language

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● New movers

● Just married

● Newly single

● New Businesses

● New baby

● Attending college

● College graduates

● And many more...

Common triggered life

stages

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The Offer

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● What is an Offer? ● Why have an Offer?● What makes a great Offer?

● Valuable● Tangible● Unique● Related to the company● Clear

Offers are critical to

compelling action

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Endless offer possibilities

● Free trial● Free gift● Extra service● Whitepapers● ROI calculators● Case studies● Webinar● Free shipping● Tickets

● Free consultation● Dollar discount● % off discount● Buy one, get one free● Guarantee● Sweepstakes● Survey Results● Contest● Free sample

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Premium for responding:

FREE Thermos

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Premium for responding:

$200 Gift Card

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Premium for responding:

FREE Card Reader

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Premium for responding:

FREE Information Kit

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The Creative

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Postcards

A few main creative formats

Letter Pack

Self Mailers

Shared mail insert

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I have tested all of them:

Postcard

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I have tested all of them:Selfmailer

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I have tested all of them:

Letter packs

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I have tested all of them:

Shared Mailer

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Testing and optimizations

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1. Targeted demographic lists

2. Real postage stamps

3. Hyper personalization

4. Handwriting

5. Promo code and expiration date

6. Format and layout

I’ve tested everything,

these moved the needle

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Example oftest results:

Targeted audiences

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Example of test results:

Postage Types

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Example oftest results:

Personalization

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Example oftest results:

Personalization

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Example of test results:

Handwritten

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Example of test results:

Promo code and expiration

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Example of test results:Format and

Layout

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50+AB Tests

450% Conversion rate

improvement

Testing as you would any other

channel

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Key Takeaways

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● Direct mail can be a very effective acquisition channel if optimized

● Offer: Clear and compelling offer● Creative: Personalize, test formats

and add time bound expirations● Recipient: Demographic analysis to

identify best converters● USPS: Work with an expert who can

help you optimize mailing costs● Test, test and test: Constant AB

testing of creative, lists and offers to get best results

Key takeaways

Thank youAdelyn Zhou

E: [email protected]: @adelynzhouW: asenddirect.com