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4 Marketing Psychology Principles So Obvious That You Forgot to Use Them!

 

When you think “psychologist,” you probably think of some stuffy Freudian character with a long armchair asking you how you feel. Am I right?

You’ve probably never fancied yourself a psychologist, but as a marketer, you absolutely need to know the basics. You may even discover in reading these that you already do some of them naturally…but how many of them do you actually practice in your marketing? Very rarely is it more than two.

If you’re like most businesses, you stop at the learning phase and never put valuable tactics like these into practice and as a result, you’re dumping buckets of money down the drain with each marketing campaign. They’re simple, they boost your results, and best of all, they’re totally free!

So here are the 4 psychology principles make your postcard marketing vastly more effective:

Principle #1 – Scarcity

This is the idea that we humans want something most when we fear that it’s going to disappear, like a squirrel who wants to cross the road but is only finally motivated by an oncoming car (and speaks by unharmed). As they say, you don’t ever miss something until it’s gone.

How is this used to sell things? Every time you see “limited supply,” “offer expires,” “get it while it lasts,” or any kind of offer expiration date, this is what’s going on. Ever notice that when shopping online, Amazon will tell you that there’s only 5 items left in stock in red letters? Are they being helpful? Partially, but the real goal is to sell with scarcity.

How you can use it: Make your product or service scarce. If people receive a postcard with a discount and no time limit, they’ll feel that they can wait for forever and will stash it away and lose it. Try giving people 2-4 weeks to take advantage of an offer and instead they’ll post it on their refrigerator and eventually act. Remember to make the expiration large, loud, and clear so that it really catches their eye!

Principle #2 – Contrast 

This one proclaims that our sense of something’s size is completely dependent upon context. Large isn’t really large until placed next to something small. Don’t believe me? What if I told you that you owed me twenty dollars? Seem high? Well compare that to me telling you that you owed me $100 but if you just give me $20, we’ll call it even. What changed? Your sense of how much you owed went from large to small, despite it being the exact same dollar value.

Once you know that our sense of size is always affected by the first number we hear, and you can control this by making sure that that first number you show customers is always bigger. See this in action in any department store where they’ve “slashed” prices and the tags show the original higher price crossed out in red.

How you can use it: if you’re going to include prices, make sure that you contrast them with the normal cost, or the cost of your competitors. $25 won’t seem like a screaming deal until you point out that others are charging $50. Or even better, combine it with the scarcity principle and say that it’s $25 this week only!

Principle #3 – Reciprocation

This is the idea that we feel deeply compelled to return favors. They leave us feeling indebted, and nobody likes that. Here’s an everyday example – my wife and I were on a long drive and we stopped by a diner so she could run in to use the restroom. I stood there awkwardly with the waitress and then found myself walking out with a hot coffee to go. I didn’t want coffee, so why did I buy it? Because I felt indebted for our use of the restroom.

This is happening anywhere that free samples or advice are being handed out. The homeless person who washes your windshield, the superstore handing out free food tastings, timeshare vacation getaways, even those monogrammed address labels that non-profits send you in the mail are all leveraging the rule of reciprocation. If you receive something, you feel compelled to return the favor and very often, you’ll spend more than you got.

How you can use it: Include in your postcard an offer for something free. It can be key rings, chocolates, cards, or advice. If done in a genuine manner, people will stop by for their “free” giveaway and it will activate the rule of reciprocation. By the nature of having gotten something for free some percentage of them will feel compelled enough to buy something after all.

Principle #4 – Social Proof 

This is a common and obvious one, also referred to as the “lemming effect”: people follow the crowd. It’s so obvious that you might not think it’s worth discussing but over and over again we see marketers overlook it. There’s almost no excuse for excluding this one from your marketing!

You can see this at work in tons of varied places from Yelp reviews to customer testimonials to sitcom laugh tracks. If people see others buying a brand and being satisfied, they too will buy without any further thought. It’s a powerful force for moving sales.

How you can use it: Customer testimonials with pictures work wonders, as do any statistics about customer satisfaction. Social proof will give you instant credibility and make customers far more likely to take you up on your offer.

And there you go, now you’re a budding marketing psychologist! Like we said, you probably already use some of these. What really separates moderate returns from great ones in a postcard campaign is someone’s ability to use more than one of these principles at a time. Especially when you combine them with psychological triggers, the result will be an intensely appealing offer that people just cannot pass up on.

Speaking of great deals, if you’re a big fan of the free advice we offer here on our blog, just think about what our marketing services can do for you! Give us a ring at 877-222-6010 and try out your new-found psychological powers of persuasion today!

3 Obvious Reasons Your Prospects Aren’t Responding

 

Building a mailing list that actually responds

You should feel great about getting your first postcard campaigns out the door because getting started is really half the battle. But how are you doing on your responses? That’s the other half, and it’s a big half. A conversation goes both ways and if you’re doing all of the talking and not hearing anything back from your mailing list, it’s considered unresponsive. It could be more than just the marketing copy and odds are good that the problem is one of three specific things it’s causing you to lose out on customers.

Before we dive into the answers, let’s talk a bit about why people wouldn’t respond. It is no secret that consumers are absolutely bombarded with marketing messages these days (some 5,000 per day, according to studies). The result of this is that people have learned to filter what they see and if it smells like bad marketing, they just ignore it. What are the signs they look for?

  1. It’s not personalized and addresses them generically “Dear Mr. or Mrs.”
  2. It asks for something without offering anything back
  3. It’s unclear what you’re asking them to do

All of these are poor interpersonal habits for anyone to have, but coming from a business? In the words of Fat Tony, “forget about it.” These messages won’t ever be responded to. Luckily we’ve helped run thousands of successful marketing campaigns over the years and have three tips for creating a truly responsive mailing list:

Get Personal

People feel compelled to respond when addressed by their first name. Just as you know intrinsically that you’ll have a higher response rate when writing someone’s name on an envelope than printing it, you’ll have a higher response rate for addressing them by their first name on a postcard than by using “hi there.” Why? Because at our core, we’re all just a little bit vain. We like to hear our own name. And when someone addresses us by it, we feel compelled to learn their name as well. This works just as well with your business as it does with two strangers meeting for the first time, so always lead with their name and they’ll feel obliged to remember yours.

Deliver Real Value

To compel your customers to act, you need to consider the “WIIFM,” or “What’s In It For Me” factor. This is an acronym that you should pin to your wall and every time you’re designing a marketing campaign, refer back to. If you were your own customer, what would be in it for you? Nobody goes into the auto shop out of the blue just because its #1 rated in customer satisfaction. They go in because they heard a clanking noise and they’re afraid their old jalopy will have a blowup on the freeway. So what’s in it for them with your postcard? Peace of mind! Tell them about how relaxed they’ll feel knowing that their family car is safe to drive. Find the real value that you offer them and it will compel them to act now.

Tell Them Exactly What They Need to Do 

Your postcards may have pretty pictures, but they’re so much more than a pretty picture! Every marketing action you take should be driving consumers towards taking an action of their own, whether it’s bringing the postcard in for a 2-for-1 deal or calling your toll free number. If you’ve taken five minutes to set up your marketing funnel, you’ll know exactly which action to direct them towards. So make your call-to-action large and obvious!

And if you’re really looking to inspire responses, it’s also very important to make it as easy as possible to respond. Leave nothing up to interpretation. I’m always shocked when I see mailings that say vague things like “Get in touch with us!” and the phone number is either absent or hidden somewhere else. They’re expecting me to know what “get in touch” means, how to do it, and when I should I do it. As a consumer, I’m likely to set this postcard aside and forget it. Don’t create barriers to people responding! Use a phrase like “Call today for your free sample at 1 (800) 555-5555!” which tells them why (free sample), how (call us), where (phone number), and when (today).

How to Get It Right

The best postcard campaigns are ones that consumers feel they got a great deal on and actually look forward to receiving more mailings. When they respond consistently and your sales start to spike, you know that you’ve hit the three points successfully. You’ve sent personalized outreaches, delivered value, and made it easy and compelling to respond. Congratulations! You’re now holding a responsive mailing list which is the golden goose egg of marketing because it will keep delivering more sales.

Not so tough after all, huh? Now that that cat is out of the bag, there’s really nothing standing in between you and a successful, responsive mailing list than just getting started!

Today is the day, give us a jingle at 877-222-6010 and let’s talk about your next marketing campaign!

“No Work Required” Marketing Strategy Eliminates Lost Customers

The Marketing Funnel Can Help You Drive More Customers

It’s no secret that small business owners are wearing many hats, and switching them out frequently: customer service, accounting, business development, marketing, even janitorial (hey, who else is going to sweep up that mess?) As a result, you can’t be blamed for not being able to focus the same resources on marketing strategy as the big guys, like Target, Bank of America, and Home Depot. Heck, you may even only have 15 minutes each week to dedicate to it!

So how can you keep up?

We’re here to help you “market like the big guys.” We’ve lifted the best million dollar strategies out of the executive boardrooms and laid them out here in small-business terms so that you too can profit from them!

We’ll start with how you can create your own marketing funnel.

Why is it called a funnel and why should you care?

The funnel is simply the shape of the diagram, and you should care because this is how Fortune 100 companies like Verizon drove $18B in sales last year. It’s a tool for getting consumers to buy more and keep them coming back! And it’s simple enough that you can create your own in the next five minutes.

A funnel is way to categorize all of your customers, and divides them into segments based on how much they know about you. At the top is everyone who hasn’t yet heard of you, by far the biggest group. As they move down the funnel they become “aware” of you, have seen your logo, or simply recognize your name. But they aren’t buyers quite yet.

themarketingfunnel

The third stage is “considering,” and these people are either considering your business or have a problem that you can help them solve immediately: their bathtub leaks, their drain spouts are clogged, they’re considering repainting the kid’s bedroom, etc. These are people who can become customers right now.

The fourth stage is “engaged,” and these people are already one-time customers. But don’t celebrate yet, the job isn’t done! A one-time customer who buys tree-trimming service for $150 might sound great, but how does that sound when compared to a customer who reached the “advocate stage,” told their friends, and became the source of $1,500 in revenue? You want advocates! People so happy with your service that they can’t help but brag to their friends about what a deal they got. These people multiply the revenue that they bring in, and they cost exactly the same to acquire. It should be your focus to turn all of your one-time customers into advocates!

Marketing funnel set? Now, let’s turn it on

And there it is, that’s the marketing funnel in a nutshell! Customers start at the top and go on a journey to the bottom. Now let’s understand how you can use it.

Start to think about how your own customers move through these stages, and what marketing strategies you can use to help them along. How do people typically become aware of you? Mass marketing is a great start, and postcard marketing is a really intelligent way to address a large group of people in a personalized way. And don’t forget, it takes many touches to get and keep someone’s attention, so don’t think it’s a one-and-done type of affair.

aware

Once people are aware of you, how do you get them to visit or call-in and buy? If you were the marketing person at Verizon, you might actually have enough manpower to call every person in your area (they in fact do). But you’re a business owner with just 15 minutes each week, so you’ll need a strategy and a partner. Here’s where you can go to social media or send a mass email to your list. And once again, postcard marketing is great for taking people who already know you and offering them a discount or trigger-based offer (birthday, holidays, life events).

Every customer is a potential advocate

Once your customer is “engaged” in the store or on the phone, catch them by surprise with a random act of generosity! It doesn’t even have to cost you money, sometimes the best ones are free. When my local barista remembered my name I went from referring to it as “the coffee shop” to “my coffee shop.” I’m a lifetime advocate and it cost them nothing! Sometimes however, give-aways can work wonders too. A local pizzeria I knew used to empower delivery boys to give away a 2 liter coca cola. My friend was a recipient and bragged that he “had them throw in an extra coke” and you can bet your bottom dollar that he only allows his friends to order pizza from there. In the end, advocacy is about how you made them feel.

Now that you have your funnel written down, pin it to the wall and save it! You can refer back to it and if sales start to slump, you can pinpoint what part of your marketing funnel is “light” on prospective customers and see which campaigns to run to target them.

And there you have it! That’s all you need to know for this week’s installment of “marketing like the big guys.” You learned to set up your own marketing funnel and came up with creative ways to move people through the stages from top to bottom in order to drive more business and keep customers coming back.

Remember, you’re not alone in this one! If you’re feeling inspired and are ready to get one of those campaigns out today, give us a jingle at 877-222-6010 and let’s get those people in your funnel moving in the right direction.

Killer Postcard Marketing Copy That Inspires Response

Operating from the concept that less is more, short copy is sometimes the most effective way to get your message across. Short copy allows you to key in to what is critical for your target audience and when you’re working with a small space, such as a postcard, you’ve got to focus in on what really matters.  What will paint a true picture of your offer?  How it will benefit your customer?  And why should they call right now!  Here are some suggestions with proven success in converting your target audience into into loyal customers.

Understanding Your Target Audience

The real effort that goes into creating effective short copy should be done before you write the first word.

  1. Know what is important to your target audience.
  2. What makes them happy?
  3. What makes them mad?
  4. What is their biggest challenge?
  5. What keeps them awake at night?

Short copy is most effective when the audience is specific, limited, and targeted. Imagine you are addressing one specific person rather than broadcasting a general message to everyone. Drill down the specifics of that one optimal customer. Ask yourself who is most likely to buy your product or service and speak directly to that customer.

Realize the Power of One

When you understand the “power of one”, you can put together tight and compelling copy without the need for wordiness and fluff. Focus on one main idea and weave that idea through your entire piece.

Stay on track!

To determine your main idea, determine the biggest problem you can solve for your target audience and focus on that, free from other distractions. Avoid lengthy stories. If you must tell a story, paraphrase and shorten as much as possible! If the story works, keep it. If not, go with something else, such as a compelling quote from someone your target audience knows and trusts, or refer to a relevant current event.

Edit anything out of the copy that doesn’t support your main idea of solving the potential customer’s biggest problem.

Know Your Goal

Determine the goal or action you want your target audience to take. You may want them to visit a website or call a number for more information. You may want them to set an appointment, or you may want them to buy something. Whatever your goal, know what it is when you write your copy. Once you’ve established the goal, determine what it would take to convince your target audience to take that action.

The easiest way to drill down on your goal is to write the call to action first. This will give you a clear direction to proceed in before you write your copy.

Find the Deeper Benefit to Your Offer

Short copy will not allow you to emphasize every feature and benefit of your product or service. You’ll need to select the benefits that are most compelling to your target audience. Earlier, you determined the main idea for solving the customer’s biggest problem. Now you’re going to go ever further and determining the deeper benefit you offer. Here’s where you focus on how your product will solve their biggest problem, and why wouldn’t they want that?

Imagine you’re selling a fitness product; a workout DVD with resistance bands. Features might include a 30 minute DVD you can watch anywhere, and resistance bands for strength training. To tap into the emotions of your target audience, ask yourself, “so what?” You can answer that by understand the biggest benefit – a DVD can be watched anywhere; in the privacy of your own home, or while traveling. Resistance bands build muscle faster, meaning you’ll see results sooner and won’t have to work as hard for the same results as you would with a traditional workout.

Take a moment now to analyze the deeper benefit. For a younger person, it might be about being more toned and attractive. For an older person, it might be about maintaining good health and reducing the aches and pains that come with age.

Paint a picture that builds an emotional connection.

Put Customers at Ease with a Solid Guarantee

To improve the performance of short copy, include a rock solid guarantee. Anything that minimizes risk will help your target audience feel more comfortable to try your product or service, thereby increasing conversions. These could include a simple satisfaction guarantee, a risk-free trial, or a free trial offer.

Test It Out

Testing your copy is a must! By testing out your copy, you can see what works and be better prepared create good short copy on the next go around. Short copy is easy to edit and test, and small changes such as altering the headline or changing the font size can make a big difference.

Feeling overwhelmed?  We can help easily dissect this concept into a killer postcard marketing campaign…We have seen and tested new ideas for days!  Call 877-222-6010 today and start seeing new postcard marketing sales now.

REVEALED: The Answer to “How Many Times Should Prospects See My Marketing?”

The Familiarity of an Old Friend (or Better Yet…Family Member)

To be successful in business, it used to be sufficient enough offer the best widget, sell it a fair price, and provided top notch customer service.

Now, in the days of the heavily-saturated marketplace, being the best isn’t good enough anymore. Don’t get me wrong…being the best is a great accomplishment (although very subjective) but to be truly successful these days, you have to be more.

You have to stand out from the crowd to end up on the top of the mountain. (That’s literally a mountain!)  Customers are bombarded daily with marketing pitches; a refrigerator magnet for the veterinarian, a calendar from the real estate agent, some address labels from a charity, coupons for pizza and sandwiches. It’s a lot. It’s a lot for a customer to digest when they go to the mailbox every day and receive numerous mass marketing pieces.

So what can you do to set yourself apart from the others? One word:  Tenacity.

You’ve got to hang in there, put yourself in front of that customer time after time after time until you start to feel like a member of the family. This is where the 3-7-27 Law of Branding comes into play.

Name Recognition Is Not Enough

A great way to establish credibility, build trust, and create resonance for your brand is by being aware of the 3-7-27 Law of Branding. This law tells us that according to historical trends it takes:

  • Three (3) contacts for someone to recognize your name.
  • Seven (7) contacts for someone to associate your name with your business
  • Twenty-seven (27) contacts for your business to become a brand name in the market.

“So where do businesses make the biggest mistake?”  After three contacts, they quit. Period.  And as they quit all the money they invested in that initial recognition goes out the window.  It’s a shame, really.

They assume, “Hey, they know my name now,” then sit back and wait for the business to roll in.  Then they are shocked when it doesn’t! Three contacts is simply not good enough. You’ve got to follow up and follow through with the 3-7-27 Law of Branding.

Building Your Business

Now that you know how many times prospects should see your marketing, how do you execute?

Postcard marketing has long been and continues to be one of the most successful and cost-effective ways of building your business within a target audience. Matching your message to the exactly the right audience pays huge dividends and saves you tons of money.  If you’ve got email addresses and phone numbers, those are great ways of getting your name in front of potential customers, but you want to stand out from the other 400 emails in their inbox, the personal touch and tangible feel of actually putting something in the customer’s hand is priceless.

Try these strategies for highly successful postcard marketing:

  1. Let your postcard look more like a message from an old friend than an advertisement. Use familiar images like fake stick-on notes, fonts that look like handwriting, and imperfect lines.
  2. Create a little intrigue to motivate customers to take action using wording such as “Learn how you can save 10% on home remodeling fees today.” It’s a subtle difference from a standard close, but this type of message tends to be well received and engenders a higher response rate. According to master direct mail copywriter, Dean Jackson, “Be compelling vs. convincing.”
  3. Include a credible testimonial. Use a genuine and honest testimonial, one the customer could actually verify if they felt so inclined.
  4. Addresses are on the back of postcards and mail is typically viewed address side up, so it’s critical to begin your pitch on the back of the postcard. Make the pitch on the backside something that will motivate the customer to turn the card over to learn more.
Start Carving Out Your Place Today

So there you have it.  Four easy examples of how to make a great impression on potential customers through postcard marketing.  Given that you’re required to be in front of that customer a number of times, you’re going to need all these creative approaches and more. Commit to choosing a list of leads and creating a mailing every day. In doing so, you’re invoking the power of the 3-7-27 Law of Branding and will be well on your way to carving out your niche in the marketplace.  Need help coming up with more creative strategies?  We can help…We have seen and tested new ideas for days!  Call 877-222-6010 today and start cementing your brand!

Why Postcards are 2016’s Most Disruptive Marketing Strategy

If you’re a business owner, over the course of the past several years, you’ve probably embraced social media and other online marketing techniques.  After all, every marketing guru swears that digital marketing is the “future” of marketing.  What’s worse, they repeatedly warn business owners just like you that if you don’t keep up with the times, you’ll quickly become irrelevant to your target audience.

What these self-proclaimed gurus fail to mention is that there’s a traditional marketing strategy that when utilized properly, can be just as effective as a comprehensive digital marketing campaign – if not more so.

So what is it?

Postcard marketing.

And here’s why…

Have you ever received a REALLY good postcard in the mail?  We’re going to guess that the answer is yes.

Do you remember the feeling you had when you received it?  The image was vivid.  It caught your attention.  The message was engaging.   You genuinely WANTED to do whatever that postcard was telling you to do, whether it was to grab a free drink at a local restaurant or book a massage at a new salon down the street.

So, the question then becomes: why aren’t you using postcard marketing for your business?

If you’re like many business owners, you’re convinced that postcard marketing campaigns are outdated – and maybe even completely ineffective.  Perhaps you believe that they’re too expensive or just won’t work for your business.

The Cold Hard Facts 

Recent studies have found that that:

  • 7% of people visit their mailbox daily
  • 5% of consumers read postcards
  • 4% of consumers respond to postcards that they find relevant
  • 46% of consumers say that they are more likely to respond to a postcard from a company that they’re already familiar with. Repeat advertising?  Yeah, it works.

Now let’s translate these numbers into something more tangible, shall we?

The Benefits 

Postcards are:

  • Cost-Effective – The cost per lead – the total amount of money spent divided by the total number of leads generated – for postcards is $54.10. To put this in perspective, print advertisements average around $60.50 cost per lead and telemarketing a whopping $190.49 cost per lead.
  • Customizable – Digital printing companies like ProspectsPLUS! can print postcards in a variety of shapes and sizes – and for a variety of different promotions – while keeping both your message and imagery laser focused. You no longer need to order in bulk as you did in the past so you can run smaller campaigns that are more fine-tuned to your end objective.
  • Personable – Because of the different printing options available, you can completely personalize your message, all the way down to using the recipient’s first name, which is very strategic when executing laser focused send outs like birthday postcard marketing campaigns. After all, who doesn’t like receiving something in the mail that addresses them by name, wishes them a happy birthday and offers them a promotion of some sort?  The same thing goes for holidays.
  • Physical – You can’t physically hold an email or a voicemail. You can, however, hold a postcard. You can put it on your refrigerator.  You can leave it on your counter so you see it often.  It’s never going to accidentally be deleted or lost in cyberspace… and it certainly isn’t going to get a virus.
  • Nostalgic – It’s no secret that digital techniques have completely transformed the marketing landscape. As a result, many small businesses have opted out of using postcards. This makes them both rare AND appreciated.  Being different can be a great way to retain your existing customer base while generating a healthy, steady pipeline of new prospects and customers.
  • Accessible – Most letters come in an envelope. And let’s face it: it’s pretty easy to tell whether something in an envelope is legitimate or a solicitation. Postcards are different. When your intended recipients pull your postcard out of the mailbox, they see everything there is to see. There aren’t any secrets.  Your message is right there, front and center.

 The Main Takeaway

Traditional postcard marketing is NOT dead. There’s still a whole lot of experimenting to be done and because less businesses are doing it, your postcards will stand a MUCH better chance of standing out. Making an investment into a postcard marketing campaign for your small business is not only a good idea, but one that has proven to remain successful over the years – and will continue to do so long into the future.

Want to learn more about how you can use postcard marketing to up the ante on your marketing efforts?   If so, give us a jingle today!  877-222-6010.

This “Ready-to-Buy” Market is Yours for the Taking

Every company has a desire to build a loyal customer base.  You communicate with them often, you treat them with utmost respect and you over-deliver on your value proposition’s promise.  This, however, is typically expensive, time-consuming and only happens over an extended period of time.

One alternative to this approach is being there when your customer needs you most.  (Then communicate often, treat them with utmost respect and over-deliver on your value proposition’s promise.)

In the marketing world…we call this a “trigger.”  And one “trigger” group that can easily become loyal customers are New Movers.  Let me explain…

Putting Your Brand on a Blank Canvas

Let’s take a closer look at a New Mover and analyze their current situation.  This is a group of potential customers who have just moved to a new area, whose life is probably in immediate chaos, they need products and services and thank goodness for you, they have not yet developed loyalties to businesses.

New Movers are essentially a blank canvas. They have moved away from what is old, familiar and established and now must forge new loyalties. They are in a position where they not only want to establish new buying connections, but circumstances dictate that they must do it quickly and easily.  They are yours for the taking, but only if you know how and have an effective new mover marketing system to win them over.

A Society on the Move

Americans are people on the move and in a period of transition, they represent a massive marketing opportunity. The motivation for moving can include major life transitions such as marriage, change of job, births, retirement, and divorce.  (Even more “Triggers”…more on that later.)  This period of transition can prove to be very challenging.  A person new to an area may feel lonely and uncertain, having severed social and community connections ranging from friends, neighbors, physicians, to even mechanics and hairdressers.  All of these things must now be replaced in their new location.

When people move to a new area, they experience five stages of transition:

  • Stage 1 – Separation: Saying goodbye to the old and familiar.
  • Stage 2 – Transformation: This represents the physical aspect of the move.
  • Stage 3 – Early Integration: They experience this during the first six months in their new location.
  • Stage 4 – Integration: The subsequent period of adjustment.
  • Stage 5 – Maintenance: The period where those who have relocated finally settle in.

As you can see, moving to a new area is a major life disruption.  And it’s the perfect time to help.

The Time to Strike

The time for a business to seize the opportunity to gain a new customer is during the “Transformation,” “Early Integration”, and “Later Integration” phases.  These phases represents a time of “hyper-spending” – a time when new movers will purchase everything from new furniture to pizza delivery. Once a person has relocated to a new area, they will spend an average of $7,100 on goods and services that can be directly attributed to their move. Additionally, 80% of residents new to an area will try products and services from local businesses in the first 6-9 months.

Radical Generosity

Businesses are quick to seize on the opportunity of these new movers, but the problem is they are using the same conventional promotional offers they are using with everyone else. Big mistake!

This is the opportunity to get a little more radical.

Offer them something more than the typical every day offer. To win new movers as a permanent customer, you should be offering these customers not only sufficient incentive to try your business, but also a gesture so sincere that they are taken aback by the generosity. Now is the time to truly give to a market that needs you most.

The “token freebie”, such as a gift-with-purchase offer is simply not enough. If you’ve got a restaurant, offer them a free dinner. If you’ve got an oil change business, offer them a free oil change. These types of offers, are two to five times more likely to convert than traditional offers.

It may be tempting to feel like that’s just too much to give away, but consider that if a family orders $25 worth of pizza most weekends, in four years, they will have generated up to $4,500 revenue for your business and a gross profit of approximately $3,500 (Disclaimer Alert…we’re not pizza experts!)  A customer’s loyalty to an auto repair shop represents approximately $2,000 based on average turnover. A free dinner or oil change seems like kind of a bargain in comparison to what is to be gained. (Again, another guess but you get the point.)

The question you should be asking is not can I afford to do a giveaway, but rather, can I afford not to do a giveaway?

From Blank Canvas to Loyal Customer

Opportunity Knocks’ new mover mailing system, integrates all the essential elements of a successful new mover marketing campaign.  Three cards are mailed to address the three critical phases, personalized postcards are mailed to initiate a personal touch and it’s completed automated so you can focus on what you do best.  You can even search a new mover database for free to find out how many people recently moved to your area.  You’ll see the little bit that you have given away will come back to you many times over – an opportunity knocking that you cannot afford to miss!

Stop Wasting Money On Postcard Marketing!

It’s time to get more strategic about your postcard marketing campaigns.

After reading that, you might be asking yourself, “I’m targeting the right people, I’m using call-to-action offers with expirations, I’m sending them multiple times and now you’re telling me to get more strategic?  What’s left?”

It’s quite simple, actually: you start tracking your results.

If you’re like most business owners, you think that you’re tracking your results, but in reality, the likelihood is that your efforts are falling a little short.  Unfortunately, most so-called “tracking” we hear about, isn’t really tracking at all.

Here’s a good example: you send out 1,000 postcards, receive 18 enquiries and calculate a 1.8% response rate.  But is that truly an accurate assessment? How do you know that all 18 enquiries are a direct result of your postcard mailing?  Would you have received some of those enquiries regardless of whether you had sent out your postcard mailing?

Tracking your postcard marketing results is as essential as anything you do. After all, postcard marketing campaigns can be extremely effective – but aren’t free (obviously) – which is why you need to keep your thumb on the pulse of your campaigns if you want to see the biggest return on your investment.

If you are accurately tracking your results, that’s great.

If you’re not, that doesn’t mean you should stop postcard marketing… but what it DOES mean is that you need to change what you’re doing ASAP. Here’s how:

  1. Define – in advance – what success will be
    Define what you want prospects to do. Visit your website? Call you? Come into the office? Buy something? You can’t know whether a campaign is a success or a failure unless you know in advance what success and failure looks like. How are you going to write the call-to-action (CTA) if you don’t know what you want recipients to do?
  2. Have a way to identify responses
    You need to be able to tell which enquiries came from your postcards and which came from some other sources, so have a special 800 number and/or URL that’s just for responses to the CTA on your postcard.
  3. Do A/B Mailings
    Whether you’re sending 100 cards or 100,000, don’t make them all the same. Have at least two designs – more, if you’re mailing to a large number – with different messages and different CTAs tied to different response identifiers. Be steadfast in using the designs that produce a good response and ruthless in weeding out those that don’t. It doesn’t matter if it was your son-in-law’s design – if it isn’t working, get rid of it.
  4. Know how long it takes prospects in your market to respond
    If you’re new to postcard marketing, you may not know how quickly prospects will respond. In some markets, like restaurants, a business owner can send out postcards and have sales from them within two days. In more conservative markets like insurance, however, you might have to send three separate mailings before you start to see the first tentative feelers. Budget for those three separate mailings and don’t give up after the first send-out simply because you think it isn’t working. Also make sure to track which postcard generated the most responses. 1% for the first? 1.5% for the second? 8% for the third? That’s vital information and you need to have it.
  5. Track all of the data, even if you think it’s insignificant
    Give this task to a staff member you know to be meticulous – not a corner-cutter. You want a record, ideally on a spreadsheet, of every single measurable item. Which postcard got the most website visits? Which CTA? How many of those visits led to an enquiry and how many enquiries to a sale? Which geographic areas responded best (and worst) to which cards? And when you have all of this data, examine it. Get other people to examine it, too. Brainstorm. What are the numbers telling you?

 

Need help tracking your postcard campaign? Contact us today at 877-222-6010 and we’ll be happy to work with you on your postcard marketing campaign every step of the way.

6 Steps to Simplifying Postcard Marketing

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It’s a New Year, which means it’s time to say goodbye to the old and hello to the new.

This includes antiquated marketing strategies that just don’t work anymore.  It’s easy to hop on the “this is the most amazing marketing strategy since sliced bread,” bandwagon, but at the end of the day, these so-called miracle marketing strategies have a short lifespan and you’ll likely find yourself bouncing from strategy to strategy to try and keep your business relevant.

If you don’t want to subject yourself to becoming a slave to every new marketing fad, perhaps in 2016, what you REALLY need to do is get back to the basics.  And by that, we mean stripping things down and going back to marketing strategies that have withstood the tests of time, yet still successfully deliver results.  As it turns out, postcard marketing happens to be one such strategy.  If you REALLY want to take your marketing efforts up a notch this year, keep on reading…

If you want to create the absolute BEST postcard marketing design for your business, keep these helpful tips in mind:

  1. Develop a specific purpose for your postcard campaign that will grab the attention of your prospective customers. Craft this idea with value in mind and make it as exciting and interesting as possible. For example, perhaps you’re running a 30-day sale where all purchases over $50 are 10% off. Or maybe a birthday card campaign where the recipient gets free dessert with the purchase of an entrée.  The possibilities here are endless.
  1. Keep your message as simple as possible, even if you decide to use over-sized postcards. Don’t make it too wordy or oversell. The purpose of the postcard is to create interest enough for them to call.  Sell when they call.
  1. Using short, bold-faced headlines is best. Avoid jumbled, muddled information. Don’t attempt to explain every little thing in your postcard message. And make sure to include your contact information.  It may sound silly to have to remind you of something so basic, but you would be amazed at how many people forget.
  1. Use timely messages, including offers that have deadlines. Encourage your prospective customers to act in quick manner. Give them good reasons to “act now,” such as a coupon with an expiration date or a special offer with a deadline. There needs to be a sense of urgency in whatever your promotion is going to be.
  1. Design your postcards to be eye-catching. Use high-quality images, colors and graphics that stand out. Choose high-quality, glossy printing option for your postcard design. This makes the most impact, and usually doesn’t cost much more than standard printing options.
  1. Every postcard has two sides, so it’s a good idea to use both of them. The side without your contact info should contain the biggest and boldest colors and images. The opposite side should have your offer, contact info, and other details.

In addition, here are some bonus tips:

  1. Don’t forget that postcards can be multi-faceted. You can use them for reminders, new product or service announcements, coupons, gift certificates, – and even tickets.
  2. Measure the results of your postcard marketing campaign. Measure both the immediate and the long-term results of your campaign. Notate which postcards generate the best results.
  3. Track your ROI. Your postcard campaign can potentially return at least 4 times your original cost, although some of the most successful campaigns land closer to 8-12 times your original cost.

For step-by-step instructions on how to create the perfect postcard campaign, download the “Insider’s Guide to Mastering Postcard Marketing.” (psst…to the right of your screen)

If you’re ready to kick off 2016 with a successful postcard marketing campaign, give us a shout today at 877-222-6010 to learn more about why we are the perfect partner!

The Crystal Ball of Marketing…Revealed!

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Unless you’ve been in hibernation for the past 24 months, you’ve probably seen a few marketing buzzwords floating around in cyber sphere: gamification, visual storytelling and Big Data.  While the first two are relatively easy to understand, the latter is worthy of some explanation since Big Data can provide you with a magical (and powerful) crystal ball that can not only have a dramatic impact on your postcard marketing campaign but your overall bottom line.

What It Is

If you head over to Google and search for the definition of Big Data, you’ll find everything from one sentence answers to 1500 word blog articles that try to explain what’s actually a very simple concept.  Big Data is essentially a data bank where human actions are logged and quantified. This data can then be aggregated, analyzed and used by government agencies, pharmaceutical companies and even small businesses just like yours.

Where to Start

Thanks to advances in technology, the price tag associated with Big Data is now more affordable than ever.  Google Trends, a platform that will let you conduct unlimited searches for free, monitors trending topics by quantifying how frequently a specific search-term is used over a specific period of time.  The data produced can help you keep a pulse on your target market and the things they care about the most…all critical when it comes to the messaging of your postcard marketing campaigns.

Big Data Benefits

By embracing the power of Big Data, you’ll better understand your customers and prospective customers.

How?

By giving data a human face.  Big Data can help you fine-tune who your ideal customer is by aggregating data related to age, gender, ethnicity, income and marital status, amongst a laundry list of other criteria.  This data can then be used to define who your most valuable people (MVP’s) are, which in turn, can help you create super-targeted postcard marketing mailing lists full of prospects that will actually care about your product or service.   Prospects Plus can even offer you free counts so you can size up your ideal target market BEFORE you mail.  Check out their video to learn about the type of Big Data available.

What’s more, when you have insights regarding your target market at such a granular level, you’ll be able to modify your messaging to truly “speak” to these individuals, which can dramatically improve your response rates.

Additional benefits of Big Data include:

  • Predicting Customer Behavior – If you were a psychic and could accurately predict the decisions your customers are going to make sometime in the not-so-distant future, how would that affect your business? Big Data might not be a crystal ball, but it can aggregate 3rd party data to help you successfully predict customer purchases, as well as shifts in behavior and sensitivity to price increases.   These are all important in direct mail campaigns.
  • Real Time Personalization – Relevancy and timeliness are important pieces of the marketing puzzle. In fact, research indicates that personalization of messaging can deliver 5 to 8 times more ROI and increase sales by up to 10% or more.  Google Trends can help you send the right message to your target market at precisely the right time. Embracing the power of Big Data can make this seemingly impossible task possible.
  • Tracking Marketing ROI – Before Big Data’s existence, it was impossible to quantify the ROI of a single social media post or blog article when it came to marketing reach and revenue generation. Big Data now makes it easy to track the success of blog posts or social media posts through things like page views, likes, shares, Retweets, +1’s and sales generated. If something is popular, you’ve clearly touched on something that is important to your target audience.  If there’s zero engagement or very few sales, it’s is a pretty clear indicator that something is wrong and your strategy should be modified accordingly.  

Recent reports indicate that by harnessing the power of Big Data in postcard marketing campaigns, many businesses are experiencing increases in lead generation of up to 50% – AND at a cost that’s about 33% less.  And the best part is that many digital printers make it super easy to integrate Big Data into your direct mail marketing campaigns.

If generating more leads at a lower price-point is music to your ears, give us a jingle today at 866-319-7109 or at okiam@prospectsplus.com to learn more about how we can help you improve the ROI of your postcard marketing efforts simply by embracing the power of Big Data.