Don't underestimate the power of fresh creative.In a piece in DM News, Derek Moore of The Marketing Store foresees a doomsday scenario for direct marketers--the educated consumer. "What do you do," he asks, "when you get an envelope that says 'No Annual Fee'? Well, that's what they do, too ... Our rules worked for a while, but we've trained consumers to recognize marketing tricks. Our worst nightmare is here, the tactic-resistant super consumer." Moore goes on to speculate about the relative importance of various elements in a DM package--you know the litany litany (lĭt`ənē) [Gr.,=prayer], solemn prayer characterized by varying petitions with set responses. The term is mainly used for Christian forms. Litanies were developed in Christendom for use in processions. : lists, offer, price, etc. Moore quotes what he calls the "traditional formulas" for measuring this type of thing. The most quoted one is 40 percent list, 40 percent offer, and 20 percent creative. Moore goes on to say he's seen recent variations like 60/30/10 and, lately "25 percent for these three plus a bonus round, or something." Creative will have a critically important effect I'm going to take the position that for 2006-2007 newsletter marketing efforts, creative will continue to have a critically important effect. It has been true, as the cliche has it, that an average package will bring average results, but from everything I've heard in recent years, those "average results" appear to be in a continual slow decline. Blame that, if you will, on increased competition, of "everything free' on the internet, or on Moore's DM tactic-resistant consumer. For the majority of newsletter marketers, the formula of importance can almost be turned on its head. That would put creative at 40 percent. The list Are "lists" actually that important for newsletter marketers--especially the large number of business-to-business titles? If you are publishing one of the number of large circulation consumer investment or health letters, that equation might hold. There are always new lists coming on the market that you can test. "Oooh-ee, Ace Hardware Consumer Award program certificate recipients." Given the information available and some assumptions about their age and income, that list might certainly be worth a test. On the other hand, if you publish a newsletter for car dealers, how much "list research" can you do? You know who the market is and how to reach them. So you are mailing over and over to the same defined universe. This also explains the apparent declining efficacy of forced free trials for some marketers. Hidden in their encomiums for the technique, FFT (Fast Fourier Transform) A class of algorithms used in digital signal processing that break down complex signals into elementary components. FFT - Fast Fourier Transform boosters often include the magic words, "given a sufficient number of fresh names." That just isn't happening for folks marketing car dealers and many other business markets. The offer The offer is certainly important but newsletter marketers are constrained in this area. Unless, like Mad magazine used to claim, you are "Number One in a Field of One," you have competitors. They tend to surround you in the areas of price and frequency. When I was marketing a 24x/year title in vocational education vocational education, training designed to advance individuals' general proficiency, especially in relation to their present or future occupations. The term does not normally include training for the professions. priced at $177, we had five or six competitors, biweekly bi·week·ly adj. 1. Happening every two weeks. 2. Happening twice a week; semiweekly. n. pl. bi·week·lies A publication issued every two weeks. adv. 1. Every two weeks. and monthly, and all grouped, as I recall, between about $147 and $275. Sure, you look for the dynamite dynamite, explosive made from nitroglycerin and an inert, porous filler such as wood pulp, sawdust, kieselguhr, or some other absorbent material. The proportions vary in different kinds of dynamite; often ammonium nitrate or sodium nitrate is added. premium and you strengthen your guarantee, but it's very difficult to make your offer dramatically different from others in your field. The creative So you do your best. You crank out crank 1 n. 1. A device for transmitting rotary motion, consisting of a handle or arm attached at right angles to a shaft. 2. A clever turn of speech; a verbal conceit: quips and cranks. packages, as Moore says, "strewn strew tr.v. strewed, strewn or strewed, strew·ing, strews 1. To spread here and there; scatter: strewing flowers down the aisle. 2. with the usual roadside junk: Johnson box A Johnson Box is a box commonly found at the top of direct mail letters, containing the key message of the letter. The purpose of it is to draw the reader's attention to this key message first, and hopefully grab their attention, enticing them to read the rest of the letter. , bright primary colors those developed from the solar beam by the prism, viz., red, orange, yellow, green, blue, indigo, and violet, which are reduced by some authors to three, - red, green, and violet-blue. These three are sometimes called fundamental colors. See under Color. See also: Color Primary , put sticker here for a free gift." And hope. But I can't overstate the effect of creative. If you could create packages and renewal series that boosted your results 10 and 5 percent respectively, after five years you'd have 30 percent more active subs. You know what that would bring to your bottom line. Unfortunately, I can't tell you how to be "more creative." "If I knew the answer to that question," Lt. Col. Henry Blake For the British colonial administrator, see . Lieutenant Colonel Henry Braymore Blake is a fictional character introduced in the 1968 novel M*A*S*H, written by H. Richard Hornberger under the pen name of Richard Hooker. once told Hawkeye Pierce in "M*A*S*H," "I'd be at the Mayo Clinic Mayo Clinic: see Mayo, Charles Horace. Mayo Clinic voluntary association of more than 500 physicians in Rochester, Minnesota. [Am. Hist.: EB, 11: 723] See : Medicine . Does this place look like the Mayo Clinic?" |
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