Even with a tight budget, you can still run a direct mail marketing campaign with a great return on investment (ROI).
If you focus your campaign, design the mail well, and perfect your mailing list, investing in direct mail can be a wise choice for your company's budget.
Here are five steps to ensure your direct mail is effective while sticking to an affordable budget.
Step 1: Choose the right product or promotion to market
It's best to start crafting your marketing campaign with a specific goal.
Your company can use direct mail marketing for advertising a new product, a popular service, or even an update or improvement that you've made.
Promoting something specific that will interest most of the public is wisest. Considering this will help your marketing dollars further increase the likelihood of people taking action after seeing your print marketing materials.
Step 2: Refine your target audience
80% of consumers are more likely to purchase after seeing an advertisement that they feel is relevant.
Thus, advertising to only a specific subgroup of potential customers can help keep your direct marketing budget low while getting you the best possible ROI.
Understand the demographic of most of your customers so that you can seek out and target more prospective customers with your direct mail marketing.
Step 3: Use mailing promotions to keep costs down
Direct mail postage doesn't have to drain your company's budget!
Make sure to research different options available to you since your mail is part of a marketing campaign.
Multiple mailing services like USPS offer discounts for companies sending out ads in bulk. Take advantage of these deals; they could help you save up to 4% of your company's direct mail cost.
Step 4: Create a straightforward message
If you want your company's direct mail marketing to be effective and cost-efficient, it needs to elicit a response from the consumer.
The best way to do this is to include a clear call to action (CTA) within your ads. Time-sensitive offers and coupons are a great way to hook prospective customers. Make sure to include contact details so the customer can connect immediately.
Your CTA could be anything- asking the customer to send a reply, use a coupon, buy a product, or visit a website. As long as it's simple and engaging, it has a bigger chance of increasing your ROI.
Step 5: Track your responses.
If you're spending your company's budget on a direct mail campaign, you want to see what works and what you could do differently next time to improve results.
Include a unique QR code or personalized URL on your print ads that will send customers to a designated webpage and allow you to track responses. Then look at the sales made and the number of coupons used to adjust your campaign so that your money is only being spent on the most effective ads.
Contact us today to help you craft the perfect message, design the most compelling visuals, and make the most of your print marketing dollars! 864-882-3609 www.PrintitinColor.com