how to make money with money mailer
TRANSCRIPT
Money MailerMarketing Programs Designed to Deliver Quality Leads, Raise Awareness, & Build Business
• Founded in 1979
• Experts in placing your business message into high-end single-family, owner-occupied homes
• 95% recipients report opening our package
• 82% high-end consumers report viewing each message
• Over 30,000 unique clients use our services each month across the U.S.
Who We Are
• Business owner set goals starting on January 1
• By April 15 he was not hitting goal
• Therefore, taking less from business than expected and working longer hours
• Needed to increase cash flow
• We provided additional dollars of revenue for pennies
Example of Service
• How are you progressing on your 2016 business plan?
• What are you doing to hit your plan?
• What’s not working as planned?
• May I provide some thoughts?
Tell me about your business
Direct to Consumer Multi-Channel Communication Company
Our Services
Invest to Acquire a New Customer
Source: DMA
Harvard Business School of Business: Concept of Lifetime Value of a Customer
• Helps a small business owner arrive at the dollar value of long-term relationship
• Helps owner decide how much money to spend to acquire a new customer.
While most FIRST TIME sales won’t result in a profit, they will ultimately yield a greater profit to the business in the long-term.
HBR November 6, 2012
According to the Direct Marketing Association, most successful businesses spend 1/3 the lifetime value of a consumer to acquire
Invest to Acquire a New Customer
Source: DMA
Audience40%
Primary Reason to Advertise is to Create Demand
That’s why 2/3 of Ad Spend is on Acquisition
How Businesses Are Spending
– Acquisition (creates demand)
• TV• Direct Mail • Radio
– Search (satisfies demand that already exists)
• YP/Newspaper/Magazine (Old way)• Internet (New Way)
Sear
chAc
quisi
tion
Media Spend
7.36.4
20.6
22.6
17.7
15.1
7.2
16.1
44.5
68.5
$229.4B
2014Source: Winterberry Group analysis of multiple sources - 2014 Display and Search reflect spending on desktop and mobile
TV
Direct Mail
Outdoor
Radio
Magazines
Display
Search
Newspapers
YellowpagesOther Digital & Print
How are consumers finding you?
Crea
ting
dem
and
“Millennials use paper coupons more than twice digital.” “Top selling iPhone app is AdBlocker.”
11/2/15
1. The audience you target2. The offer or proposition you make3. The creative execution you choose
Offer40%
Cre-ative20%
The Foundation of Direct Marketing
3 Key Factors
Source: DMA
Audience40%
U.S. Money MailerMedian HH Income. $52,069 $87,692% of HH Incomeover $100,000 20% 39%Median Adult Age 36.1 38.1Home Owner 67% 78%Attended College 56% 71%Average Net Worth $245,069 $355,680
Source: U.S. Census Data - Bureau of Labor Statistics
Why our Direct Mail Creates Results
It’s the Audience
Money Mailer Zones Are Configured to Reach the Best
Households
Source: Census Data: modeled to 2013 – Applied Geographic Solutions (AGS)Source: Census Data: modeled to 2013 – Applied Geographic Solutions (AGS)
Deliver in Increments of 10,000 Highly Selected Homes
Over 1800 Zones Nationwide
Challenge:New Money Mailer Direct Response client wanted to test and measure co-op envelope’s impact on phone calls.
Strategy:Featured the same offer & creative to the same consumers for four consecutive months to determine the impact of frequency measured by number of phone calls.
Results: Prorated to 100 calls for March Apr 100% increase over Mar calls May 550% increase over Mar & 225% over prior
month Jun 600% increase over Mar & 8% over prior month
Response rates “settle” into a predictable range after the fourth insertion to the same consumer. Consistent with “Cumulative Probability Curve” which you learned in Statistics 101.
New Money Mailer Direct Response Client tested same Offer/Consumer Profile 4X
Frequency Drives Response!
Source: Money Mailer Case Study, July 2013.
Use Call tracking to Measure Response and Improve Campaign Performance
Improve ad spend with informed decisions
Prove Marketing ROI/CPL Optimize Phone Performance
Coaching Improve Lead Conversion Increase Sales
Features and Benefits
Local and Toll Free Numbers Call Tracking Scheduled Reports Call Recording Call Tagging Custom Call Scorecards Campaign Goals and Alerts
Measuring Response
Challenge:Successful direct response client (print: drive to call center) wanted to measure and understand number of Web hits compared to phone calls.
Strategy:Feature the unique landing page URL prominently adjacent to the phone number.
Results: “Web Visits vs. Phone Calls” Jan 2.1x more web visits than calls Feb 3.2x more web visits than calls Mar 2.0x more web visits than calls
For a client that utilizes Money Mailer for the results we deliver via their call centers … Over a three-month trial with 38.9 million print impressions, Money Mailer drove 141% more Web visitors than phone calls!
Direct Response Client Results Show Web Visits Outnumbered Phone Calls by 141%!
Offer.Live/yourwebsite.com
Source: Money Mailer Case Study, June 2013.
Does Print Drive Consumers to Web?
Here’s the Proof