Here, are few steps to follow for successful marketing campaign.
Identify Best Sales Leads
In order to get most response from your customers through the use of direct mail list, you need to know about your target customers. How? Let?s find out
Here, are few steps to follow for successful marketing campaign.
Identify Best Sales Leads
In order to get most response from your customers through the use of direct mail list Cheap Derrick Rose Jersey , you need to know about your target customers. How? Let?s find out;
Find out the people with similar demographic characteristics as your best customers. You need to make up direct mail campaign that fits in your customer profiling.
Direct Mail Costs
Whenever you wrote the direct marketing program you need to consider it as it?s your last marketing campaign. You also need to consider cost components.
In direct mail marketing campaign, biggest costs are postage, ink, paper and handling.
The smaller cost item is the list but the list is the hinge that has cost per lead and per sale. If you have successful list, you will get profit swings.
The comparison between cost per lead and per sale is very important. Let?s find out the difference;
Let?s take an example of 1000 piece of direct mail program. It is estimated that most telemarketing or direct mail programs spend between 45 cents - $1 per contact. It is just an idea; telemarketing can even take your more bucks. For the comparison, you need to assume cost of contact per household is 60 cents.
It means you need to spend $600 for 1000 piece of direct mail campaign.
How to Calculate Cost per Lead or Sale
The most fickle thing in direct mail marketing campaign is the response rate because it doesn?t only rely on the person who sends it, but it also depends on the design Cheap Kristaps Porzingis Jersey , timings and information. With perfect message, design and timings, the typical response rates can range between:
0.002% per thousand means 2 per 1000
2% per thousand ? 20 per 1000
Several companies have done it in much better way. Let?s see how;
As you have received a direct mail response rate of 2%, it means your marketing campaign have generated 20 leads for your $600 investment (1000 x 60 cents).
Per lead cost rate is - only $30 = $60020
20 lead into 5 sales.
If you get the closing ratio 25% then your cost per sale can be 6005 = $12
The Secret of Direct Marketing Response Rate
Several marketers only focus on the response rate by counting leads. Remember Wholesale New York Knicks Jerseys , response rate is like a coin that has two sides to it ? head and tail. The head side of coin is the people who said ?YES? to your offer and tails are the people who said ?NO? to your offer.
It is also recommended to send your message to right people that are interested in your offer. If you send your most powerful marketing message to the wrong people then all your efforts will waste and will go into the trash. But if you send an ordinary marketing message to the right people, there is a more chance to get more response from your target audience.?
Why Most Affiliate Marketers Fail! Marketing Articles | September 1, 2004 You can't make money with ... programs if you listento the ... ... know that sounds like ... but here is what 99% ... members end up doing, and ensuring their lack of
You can't make money with affiliate programs if you listen to the affiliate program!
I know that sounds like gobbly-gook but here is what 99% of affiliate members end up doing Wholesale Knicks Jerseys , and ensuring their lack of success:
1. They see a sales page that looks interesting.
2. They sign up for the affiliate program
3. They copypaste the pre-made ads, pointing to the affiliates web page, and submit the ads to safelists, their own lists Cheap New York Knicks Jerseys , hit exchanges or other advertising, usually the freebies.
4. They don't make a sale, quit the program and move on to another, thinking Cheap Knicks Jerseys , "well that product sucked".
5. They repeat the process with the next 'sure winner' according to the authorowner of the affiliate program... who knows (or should) how to write a great sales page. Does this sound like you? Don't feel bad if it is because you aren't alone. 95% of affiliates never make more than $10! At any time!
So, what do you do?
1. First go to Clickbank, Commission Junction, www.cjWholesale Michael Beasley Jersey , www.Linkshare? and do diligent research in a 'niche' market that you have interest or knowledge in. It's not absolutely necessary that you 'love' the product or service, but it will help convince a prospect that you believe in the product.
2. After choosing a product that has a high conversion rate (visitors to buyers), create a web site.?CJ gives you a report of the last 3 months and last 7 days earnings per click. This really helps you to choose the best paying merchant.
Side Note: One of the best ways to determine whether a product will be profitable is with Product Idea Profitability Evaluator. I am amazed at how I can eliminate what I thought was a great 'niche market' with this software tool It gives you keyword Assessment, Profitability Potential (this one gives you a # that instantly determines the potential profits). It also gives you the pay per click estimate which will tell you whether it should be profitable by advertising in them.
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