Looking for industry groups that are most likely to buy your products? Following are the results of an Abacus Alliance study of b-to-b purchases in 2004: ยฅ Electronics, gadgets and tools are five times more likely to be bought by officials in heavy industries. ยฅ Seminars and training classes are five times more likely to be booked by government agents. ยฅ Books, newsletters and magazines are 18 times more likely to be purchased by those in the healthcare industry. ยฅ Cards and stationary are more likely to bought by executives in finance/insurance and healthcare. ยฅ And computers are more likely to be purchased by
Omnichannel
Your Web site plays a crucial role in tying together all of your marketing channels. In fact, consumers cite company Web sites and third-party retail sites as being the most influential factor in seven out of 10 product categories as a source of further learning in their decision-making processes leading to purchase, according to a recent survey by DoubleClick. What are some ways you can leverage your Web site to increase conversions both online and off? Chris Shimojima, vice president of customer marketing at Sears Direct, shared some of his strategies on integrating the Web with your other channels in his session โCreating a Best-in-Class
Almost any question can be answered cheaply, quickly and finally by a test campaign. And thatโs the way to answer them โ not by arguments around a table. Go to the court of last resort โ the buyers of your product. โClaude Hopkins, Scientific Advertising, 1923 Savvy catalogers have long used testing to improve their mail businesses. And as the Web matures, catalogers are bringing the same discipline to their online marketing efforts. This article offers 10 tips for running direct marketing tests in the online world. The first seven are common to online and offline. The last three are unique
Itโs September, and as a cataloger and e-marketer, you know what that means โ the all-important holiday selling season is just around the corner. In this issue we offer several strategies that may help boost your sales during the fourth quarter. Consultant Alan Rimm-Kaufman offers practical tips for testing offers in your online sales channel, including keeping test notebooks, checking one variable at a time and assigning unique tracking codes. See his โE-commerce Insightsโ column. And if youโre thinking about prospecting via insert media programs, donโt miss Associate Editor Matt Griffinโs feature โDoโs and Donโts to Help Boost Response.โ In the article,
While a glowing customer testimonial might not have the power to make or break your catalog or Web site, it certainly can help tip the scales in your favor to convert a few more browsers to buyers. In particular, says Lea Pierce, a consultant and freelance copywriter in Santa Rosa, Calif., and former creative director with catalog and online marketer Windsor Vineyards, many direct marketers find that testimonials influence sales of highly priced products (say, a $1,000 wine cellar). Pierce offers the following advice for collecting testimonials that pack enough punch to boost your sales numbers: 1. Donโt ask for testimonials, ask your customers what they
Many catalogers have evolved during the past decade from dedicated print catalogers to multichannel marketers. In expanding into other sales channels, most catalogers wisely have brought along e-commerce and brick-and-mortar retail specialists to run the additional channels. But if your own efforts at multichannel marketing have been less than stellar, following are some success strategies that may prove useful. Multichannel Rules Virtually every study that looks at consumers who shop via more than one channel shows that multichannel shoppers spend more. For instance, a recently completed Shop.org survey found: - the average retail customer spent $1,267 per year in stores; - customers
Fruitcake, while a much-maligned holiday gift-giving tradition, nonetheless comprises a serious mail-order business in Corsicana, Texas. Fifty miles south of Dallas along Interstate 45 stands the home of the DeLuxe fruitcake and Cryer Creek Kitchens catalog, a wholly owned subsidiary of world-renowned Collin Street Bakery. In recent years, Cryer Creek Kitchens has taken great strides in testing new concepts that have, in turn, fed the parent companyโs appetite for sustained growth. Hereโs what actions the food cataloger has taken, some of its results and lessons learned along the way. Birth of a Catalog The food-by-mail industry, and Collin Street Bakery with it, enjoyed
Seventy-five percent of consumers believe they have lost all control over how personal information is collected and used by companies, according to a recent Privacy& American Business survey, said James Koenig, co-leader of privacy practice for PricewaterhouseCoopers, in his sessionโMarketing in a Privacy-Sensitive Worldโ at Direct Marketing Days New York held last month. Following are a few tips Koenig offered to manage internal communication to better protect your customersโ data: * Implement a marketing oversight management process. โAll marketing programs and campaigns should be reviewed quarterly,โ said Koenig. Representatives from each distribution channel should be included. The process should be used as a tool to reinforce
โLetting the customer choose how to interact with your company is critical, but interactions across channels must be as seamless as possible,โ said Steve Trollinger, senior vice president of client marketing for catalog consultancy J. Schmid& Associates, at his session โ7 Ways to Increase Customer Value Today and Tomorrowโ at the Annual Catalog Conference held in May in Orlando, Fla. Following are some tips Trollinger offered to make the multichannel experience easier on customers: * Use common branding cues. Your Web site should look like the catalog or retail store that spawned it, said Trollinger. * Make products easy to find. Include a catalogโquick buyโ feature
Since the founding of cooperative database Abacus by Tony White in 1990, consumer prospecting has changed considerably. While results may have fallen off (mailing the same names too often), co-ops remain an important source of prospect names for catalogers. When deciding whether to participate in a co-op, know that at least 95 percent of your customers already reside in one of the myriad co-op database files. Whatโs more, buyers on your housefile who havenโt made a purchase from another catalog arenโt retained by the co-op. (These are your unique buyers, and theyโre not used for modeling or rental by the co-op.) This