Smart Alternatives to Direct Mail
by D. Cruz
Many
people will agree that a decent letter could be
the most effective marketing tool. If used
smartly, a bunch of folded sheets will be your
treasured winner for many years. It can also be
very expensive.
Everyday is open season for the large companies
who mail thousands or millions of sales literature
by bulk. They have perfected their campaigns
through the years. Furthermore, they may have even
began with a proven winning strategy. It surely
works for clearing houses and catalog marketers.
It is a different story, however, for the average
home mailer. Not having a permanent marketing
department or high caliber consultants, you have
plunged into the business with sheer
determination. You will not feel the pain,
initially, for that occasional 100 postcard
mailing or daily booklets of stamps. However, as
months go by, the gloom of achieving a 0.01%
response rate and seeing your growing pile of
printing and postal receipts finally devours your
clever plan of growing a real business. After
spending $500, you net two sales, several leads,
and a bruised ego. Glance into your garbage can
and seeing those reverse mailings from other
wannabees makes you feel like someone is pouring
lemon juice into your entrepreneural wound. Still,
you wake up stronger than ever.
Testing your materials makes sense, but sticking
to a loser is hopeless. Responses will not improve
just by mailing out more. Don't break the laws of
statistics. Not just because so many others are
still doing it means that it works. Usually, they
know nothing better. Everyone is into the same
fantasy. Until you find success, use the other
promotional media sparingly. And when one or two
clicks, you could always afford to diversify. Each
has its own merits and costs.
Classified
ads -- The best way to sell low priced items and
generate leads are the classifieds. Studies also
reveal that it offers faster results. On
per-inquiry advertising, Mail Order Success
Secrets, by Tyler Hicks states that "the
media person can often estimate within a few
hundred how many inquiries you will get."
Display ads -- Space advertising ranges from the
tiny 1" to full and double page spreads.
Bordered ads out pull pure text, but with added
costs. Watch for discounts on additional ads and
insertions, free typesetting and checking copies.
Card decks -- Ad copies are usually effective in
card packs when they are around 150 words. They
work well for generating leads for high priced
products or opportunities and can sell moderately
priced items. If it produces direct order revenues
2 to 3 times the cost, your campaign can be
considered a success. Cost increases as the
audience becomes more targeted.
E-mail -- Use this free medium for your existing
customer base, downline, or receptive prospects.
Forget about spamming unless you want deep
trouble.
Fax blasting -- Many years ago, this was the
meaning of high-tech. It was reported to work for
sometime. Now, people receive offers just because
they have a fax machine or they once dialed up a
fax-on-demand number. They shell out ink and paper
(it adds up) and carries the cost of having their
number unlisted. There are plenty of other things.
What do you think?
The good old flyers on the wall -- If you have the
time and enjoy it like I still do sometimes, zap
some crisp copies of your favorite ad and
announcements and head to the laundromats,
supermarkets and any decent place where they will
allow you to do your thing. Make it easy for
passersby to get your info. Don't expect them all
to carry pens and paper to jot your info down.
They are known to rip off the whole sheet and it's
all over. Cut pull tabs or insert your cards in a
pocket. Pretty neat plus you will get some local
guys.
F.O.D.'s and web sites -- Both require external
promotions for themselves. They are like your
instant portfolios where prospects can quench
their desire for instant gratification. Remember,
interests can subside overnight. Even airmail can
not compete with the speed of info travelling
through the wires.
Internet advertising -- There is too much hype
about this medium. The smart spender should base
his decisions on statistics, and sometimes gut
feelings. People will con you into losing $40 for
a year of web 'presence'. But are you just buying
a roundtrip ticket to nowhere? Sites should
promote traffic and get you business, not just
type your text on a virtual purgatory. The web is
sticky enough, who would dare venture into
nothingness? Check out things like number of hits
and their marketing program.
A good way to go is to research all available
avenues before you blow a whole bundle. If you
work with a company, you may not have to re-invent
the wheel. But don't do anything big and foolish
just because your sponsor said so. If he's, honest
you would not be dragged into doing the tightrope
just to increase his chances. Certainly not just
because he said he earned $5000 last month doing
the same.
At least co-op ads makes a leader put his money
where his mouth is. Or is it one way of getting a
free ride. Well, assuming that organizing takes a
fair amount of effort and he trusts the medium,
then he probably deserves the freebie.
Free enterprise. It's your world. You can be in a
business for yourself. Now, you don't have to make
it by yourself. Help is all around you. Just make
sure that providers are really helping you get
good exposure and not just helping you spend your
money.
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D.Cruz leads an advertising co-op that offers
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(915) 758-5355.
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