Stop worrying about the unimportant details such as whether it is better to use gray paper or white for your B-to-B direct mailer. It really doesn't matter what color paper you use—if you're mailing to the wrong people with the wrong offer, your campaign is going to bomb.
For example, if you're sending a mailing about graphic design software to chief financial officers -- or sending a mailing about financial forecasting software to design professionals, you're betting against yourself with regard to generating sales leads or orders – no matter how good the copy or offers are.
When planning a business-to-business direct mail campaign, first determine your objective.
• Are you trying to generate sales leads?
• Are you trying to move prospects along the buying cycle?
Your copy and offer should be designed specifically to support your objective.
The next step is to consider your list.
When choosing a list for B-to-B direct marketing, focus on the important things—such as results—instead of worrying about less important details such as the percentage of undeliverable on the list.
A client of mine recently told me she was concerned by the high percentage of undeliverable from a business mailing list she rented. She was seriously considering not using the list again because of it. However, when I reviewed the overall results of previous mailings with her, it was clear that the same mailing list she was questioning generated more leads and sales than any of the other lists she had tested to date. In fact, that list resulted in the best overall return on investment. When considered from that important perspective, the list she was about to not use again was a real winner.
The next step and the best way to boost B-to-B direct mail response rates is to create a strong offer—that is, a targeted offer, or “call to action,” that will entice prospects to respond.
In business-to-business direct marketing, educational offers work well for getting people to “raise their hands” and express interest. These types of offers include how-to guides, buying guides, reports, white papers, articles, case studies and invitations to events (e.g., webinars, presentations, seminars).
Also consider boosting your response rates by making multiple offers, each designed to appeal to people at different stages of their consideration/buying process.
However, don't make the mistake of offering something “cool,” like an iPod. Yes, you'll get a high response rate, but those responses will be from people who want the iPod, not from people who want your product or service.
The last step is to always make it easy for prospects to respond to your call to action.
Your response form should include the various ways people can request the offer (e.g., Web address, e-mail, toll-free number or even fax). Your form could also include a few questions that elicit the information that you need to determine whether the respondent fits your definition of a qualified lead. Don't ask too many questions, however, as you risk turning off the prospect.
Successful B-to-B direct marketers understand that most of their campaign's success relies on the list and the offers. So be sure to determine the objective of your direct marketing, and then ensure that your list and offers support your objective. Your response rate will be much higher in terms of qualified sales leads.
Eric B And Rakim Don T Sweat The Technique
Every year about this time, people start talking about and considering things like IRA contributions. Most of the time, tax-sheltered investments make great sense. The federal and state governments have designed their tax laws to encourage such savings. However, that said, there are three situations in which it may be a poor idea to use tax-sheltered investments:
You know you'll need the money early
In this case, it may not be a good idea to lock away money you may need before retirement because there is usually a 10 percent early-withdrawal penalty paid on money retrieved from a retirement account before age 59 1/2. But you will also need money after you retire, so the “What if I need the money?” argument is more than a little weak. Yes, you may need the money before you retire, but you will absolutely need money after you retire.
You don't need to save any more for retirement
Using retirement planning vehicles, such as IRAs, may be a reasonable way to accumulate wealth. And the deferred taxes on your investment income do make your savings grow much more quickly. Nevertheless, if you've already saved enough money for retirement, it's possible that you should consider other investment options as well as estate planning issues. This special case is beyond the scope of this book, but if it applies to you, I encourage you to consult a good personal financial planner—preferably one who charges you an hourly fee, not one who earns a commission by selling you financial products you may not need.
Your tax rate will rise in retirement
The calculations get tricky, but if you're only a few years away from retirement and you believe income tax rates will be going up (perhaps to deal with the huge federal-budget deficit or because you'll be paying a new state income tax), it may not make sense for you to save, say, 15 percent now but pay 45 percent later.
Both Mac Mcintosh & Stephen Nelson are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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