Say what you will about this wonderful trade we call the catalog/multichannel business, but whichever way you spin it, you can’t go very far if you’re unprofitable. That’s why above all else — the marketing, the merchandising, the creative, the e-commerce, etc. — we’re most interested in helping our readers make more money. So we bring you our annual binge of tactics and tips extracted from all of this year’s issues of Catalog Success, our weekly e-newsletter Idea Factory and our biweekly idea exchange e-newsletter, The Corner View. Our editorial staff went through every article we’ve produced this year to give you a nice,
B-to-B
Lately I’ve noticed I’ve been getting repeat mailings from large B-to-B office suppliers — and they all look the same. It probably doesn’t help that Office Depot, Staples and OfficeMax have similar corporate colors. They all seem stuck in their “10 percent or $10 off” offer, or some version of it. To make matters even more boring, the mailings always seem to be in one of two or three standard formats. You know the ones: large postcards, #10 solo or folded flyer.
You look at them and say, “Oh, that again,” and toss it. It got me thinking about the opportunity we
I see a dilemma growing in our industry. It involves balancing which e-commerce functions should be kept in-house vs. those that should be outsourced.
Before we answer that question, a little historical perspective is in order. First, take note that five years ago, most of us thought e-commerce was a lot less complicated than it’s turned out to be. Right? That said, the next five years will bring increasing levels of complexity in e-commerce.
I also want to point out that most B-to-B companies I know have gone through several e-commerce employees/teams and/or organizational structures. As the function has evolved, we’ve struggled to
Patient: Doctor, although I have a consumer catalog, I’ve found some business customers on my list. I’m unsure of whether or not to try to find more business customers. Is B-to-B a good growth tonic for me, or a snake-oil serum? Catalog Doctor: B-to-B can be a good segment for some consumer catalogers to try to grow, especially if you sell business-appropriate gifts or productivity products. Plus, average order values can be double that of consumers, which can help cure slow growth and profitability. To grow that B-to-B segment, however, you need different treatments than you’re used to. Here’s a nine-step prescription. 1. Hang a welcome
The 1st Catalog Success Latest Trends Report on Multichannel Mailing & Marketing Practices (October 2007)
AB-to-B catalog marketing staff had a problem. Its housefile count was experiencing double-digit growth, but its response numbers were shrinking. How can these two metric trends coexist? Internet-savvy consumers, who often operate small, home-based businesses, buy product via this cataloger’s Web site. These small office/home office (SOHO) businesses didn’t need to repurchase the way this cataloger’s traditional business customers typically did. So, housefile response fell, while marketing expenses went up. If you suspect this is happening to you, here’s how to fix the problem, improve your response and reduce marketing costs. Begin by analyzing your housefile for SOHOs and consumers. Then follow these steps: 1. Run address
The 1st Catalog Success Latest Trends Report on Multichannel Mailing & Marketing Practices (October 2007)
The attraction of the business-to-government (B-to-G) market for B-to-B catalogers is rising. Though some catalogers have experienced little success, others have had tremendous growth in this market even without those hard-to-come-by government contracts. The two keys are education and perseverance. All levels of government (federal, state, local, school districts) buy every type of legitimate business product or service imaginable. Over the years, many catalogers that have grown successful government-business units have done so even without a government contract. Some of these mailers are very significant players in their respective niches. Consider the following stats and factors: 1. GSA SmartPay program. Formerly the IMPAC program, the GSA
The 1st Catalog Success Latest Trends Report on Multichannel Mailing & Marketing Practices (October 2007)
Welcome to our groundbreaking benchmark survey on catalog/multichannel mailing and marketing practices! This is a joint venture with multichannel ad agency Ovation Marketing, and the first in what will be an ongoing, quarterly series of surveys covering different aspects of the catalog/multichannel business. The survey contains a statistical analysis of a questionnaire we sent to the entire Catalog Success e-mail list in late August. The first two questions screened out any noncatalog decision makers. That left us with completed surveys from 175 catalogers — 97 consumer, 78 B-to-B. Click on any or all of the sets of responses under “Related Content,” to the right.