Omnichannel
Matchbacks are a way of life for catalogers today. This process of having your order file “matched back” against your recent mail tapes to give credit to the proper source or key code on a list-by-list, segment-by-segment basis has become fairly routine. They’re the only way to tell where customers are coming from and which source key codes should be given credit for the sale. Without matchbacks, it’s not uncommon to trace only 30 percent to 40 percent of your orders to a specific key code. But the matchback process is hardly a perfect science. There are issues with date ranges, the logic
Copywriting is often treated like “copy on the go.” That is, it’s treated more like picking up fast food than relaxing over a well-balanced meal. But when you drag copy to a Web site from the original catalog, or use it almost verbatim in an e-mail, there’s bound to be something missing — including lost sales. Consider writing to “fit” the media. The very aspects that make each different selling channel so vital provide clues for writing more powerful copy. The Similarities Regardless of the media, the name of the game is selling. Keep your voice consistent for all media, and remember the
In 88 years in business, Hodges Badge Co. has never had an unprofitable year. But in this rocky year, a potentially negative bottom line was too real a possibility for it to rest on its laurels. Like so many catalog/multichannel merchants, Hodges sought to defray costs to ensure that its 89th year would also be profitable. So Rick Hodges, president of this family-owned, Portsmouth, R.I.-based B-to-B cataloger of ribbons, rosettes, medals, presentation silver, sashes and buttons, targeted his biggest cost center — postage rates — as the focal point for potential savings. His goal was to cut costs without reducing the circulation of
The old Banana Republic catalogs from the 1980s used to feature several vignettes about the adventures of co-founders Mel and Patricia Ziegler, where they talked about how they found this neat, safari-esque stuff on recent journeys. These were classics. They’re bound for some yet-to-be-founded catalog Hall of Fame. Personally, I looked forward to getting those catalogs and always spent at least an hour with each. Around that same time, PaperDirect also was mailing catalogs. They had vignettes in them, too, but they were from PaperDirect product users — people who were employing the products you were looking at in the catalog. If your vignette
Do your site’s sign-up forms read like a bungled attempt at getting a date? You: Hi, would you like to get coffee? Visitor: Umm … sure. OK. You: Great! LET’S GET MARRIED! I love kids! I want a big wedding, then a week in Hawaii. Two girls and a boy, (after I make partner). Now Wednesday is poker night; can we spend every other Christmas with my mom? I like to garden, cook and … Visitor: You’re scaring me. Please go away now. Of course, you’re not that clueless about relationships. But your site may be. The No. 1 mistake marketers make
Catalog marketers are a pragmatic group. They stick with tried-and-true methods. New techniques must demonstrate practicality before implementation. Customer reviews and blogs are Web 2.0 techniques, and they’ve demonstrated the ability to build community and stimulate sales. Web 2.0 is focused on interactivity, collaboration and social networking. Marketing becomes more dynamic as customers and prospects are empowered with tools that encourage engagement. Here’s how to harness that crowd-sourced power to provide consumer-generated content that will be influential in the purchasing process. Customer Reviews Some catalogers experiment with letting customers post product reviews on their sites. Typically they’ll use a form with a
In the first part of a three-part series on the analytic measurements necessary for catalogers to understand their multichannel businesses, this week I outline four tactics to help marketers manage their Web buyers and look at why managing these buyers is so critical to their success. Face it: The Internet age for catalogers is here to stay. The impact of Web buyers on catalogers’ operations continues to grow. Web-created demand and online order-taking continue to increase. The issue for catalogers is how to calculate the impact of Web buyers and drill down and understand how best to circulate to these customers. The Web has
These days, most B-to-B catalogers have a good handle on just how many new customers they’re acquiring through their online marketing efforts. With matchback and allocation systems in place, most can determine the results of all their integrated online efforts vs. their offline efforts. This is necessary to allocate sales to the proper marketing effort.
The challenges arise when deciding what to mail buyers who have chosen to do business with you online. A percentage of such buyers will gladly tell you what they want if you ask them, but not all will. You could just mail everyone everything. But that’s likely to
Start with the premise that catalogs and the Internet are interdependent and not adversarial. Remember the brick-and-mortar days when retail channels thought they should receive credit for catalog sales within their trading area? The Web vs. catalog debate is just as silly. Catalog/multichannel companies today recognize the importance of having an e-commerce presence, and many successful dot-coms now have a catalog or are starting one. The best run companies maximize both selling channels. This month, let’s explore how to manage those channels together, including mailing strategies for catalog/Web customers, internal allocations to both channels, the importance of matchbacks and profit contribution by
Editor’s Note: This is the second of a three-part series on becoming more adept and adapting to the multichannel world. Part one appeared in our February issue, and part three will appear in our September issue. The world of direct marketing is changing quickly. Whole new analytical tools, benchmarks and ratios have become commonplace in measuring success. You must think cross-channel if you’re to be customer-centered. And above all else, if you’re a stand-alone cataloger or retail store operator, the corporate atmosphere is forcing you to rethink your internal culture. The opposite of a multichannel approach is a channel-centric one, where one channel dominates