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How to Create "Knock Your Socks Off" Direct Marketing
Offers
Here's how to craft one of the most crucial components of your marketing
piece --- a compelling offer. Copywriting skills
How to Turn More Prospects into Paying Customers
Skyrocket the number of new leads or customers you can generate
each month--- without increasing your direct marketing budget. Direct
Marketing Tips
Direct Marketing Tip:
How to Kick Start Profits Right Now...
It seems
like its tougher
than ever to get prospects to commit to anything. Many
businesses have adopted "dont-buy-anything" policies.
Consumer confidence is low. Buyers seem
to be waiting for the long-awaited "real economic recovery"
to begin. Yet, there are marketers
that are doing very well right now despite all of this
ugly news. Why? Because their customers believe that
they will be better off if they
buy NOW rather than later.
ROI is Return on Investment. In direct marketing it is critical to
talk about, promise, and clearly demonstrate ROI. In consumer marketing, the
same is true to the extent that you must illustrate how and why your offering
will leave them better off for having purchased than not.
In selling to businesses ROI must be worked into your sales letters and advertising.
Heres an example from a project that I did for a utility company a few
years ago:
"In the past 7 months, over 204 facilities managers reported measurable
savings in electricity costs as a direct result of retrofitting their HVAC units
with one of our units. These same mangers reported first year savings of between
$1820 and $2780. With this many customers getting this kind of proven results
time after time, these units are sure to save you money. At a cost of just $1799,
your return on investment can easily be 100% or more the first year alone!"
ROI doesnt always have to be related to money. In the sports world, consider
the example of maple wood baseball bats. Last year I helped a company that produces
maple bats for high school, college, and minor league players as well as major
league athletes. Whats the return on investment for the right baseball
bat? It can be huge:
"Most balls hit with a maple bat will carry an average 10 feet or more than
balls hit with a bat made from ash. This extra 10 feet can be the difference
between a deep fly ball and a home run, or simply the number of extra base hits
you get in a season. Just 2 more hits per 50 times at bat will raise a .260 batting
average to a respectable .300! That may be difference you need when it comes
to getting recruited by a major college or professional baseball team. Wouldnt
that be well worth the extra $15 investment compared to shorter range ash bats?"
Make Your Direct Marketing Case Even More Compelling
Heres two ways you can give your ROI illustrations even more punch. The
first technique is to back up your ROI assertion with a testimonial or two to
offer more proof of claim. Use testimonials that contain specific numbers that
convincingly prove your point. Statements with simple "excellent unit" or "great
system" comments are too vague to add any real impact. You may have to go
so far as to coach your customers on this. Or even wordsmith it for them prior
to their signature.
Second, consider presenting the best ROI scenario possible and then backing off
of it to add more believability--- Like this:
"Even if your savings are half as much, youll still pocket $500 after
paying for the fan blades!"
Maybe your product or service doesnt produce results this dramatic. It
doesnt matter. Go ahead and do the ROI calculation and build the results
into your direct marketing materials, replacing any
vague or unsupported claims there now. If you dont have the data you need,
go talk to your customers! Direct Marketing
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