Elements of an Effective Offer Dm Mod II

Embed Size (px)

Citation preview

  • 8/20/2019 Elements of an Effective Offer Dm Mod II

    1/22

    ELEMENTS OF AN

    EFFECTIVE OFFER

  • 8/20/2019 Elements of an Effective Offer Dm Mod II

    2/22

    CHECKLIST

    DOES YOU’RE YOUR OFFER HAVE :

    • Believability

    • Invlve!ent

    • C"eativity

  • 8/20/2019 Elements of an Effective Offer Dm Mod II

    3/22

    HAVE YOU TRIED THESEOFFER OPTIONS

    • #"i$e In$entive% & 'ay!ent 'tin%• (Y) *ave been %'e$ially $*%en

    • #"e!i)!% + Sa!'le%

    • F"ee t"ial , a)t!ati$ %*i''in- +ne-ative .Ret)"n 'tin

    • Me!be" -et a !e!be" . Ea"ly bi"/

    • Cnte%t% + %0ee'%ta1e%

    • M)lti'le /i%$)nt% + !)lti'le '"/)$t%

    • B)n$e ba$1 + Mney&ba$1 -a)"antee

  • 8/20/2019 Elements of an Effective Offer Dm Mod II

    4/22

    2HEN TESTIN3 DID YOU&

    •  TEST ONLY ONE FEATURE AT A TIME

    • CODE YOUR TESTIN3 TO MEASURE

    RESULTS

    • KEE# ACCURATE RECORDS

    • ANALY4E TEST RESULTS AND TAKE ACTION

  • 8/20/2019 Elements of an Effective Offer Dm Mod II

    5/22

    I/enti5yin- y)" C)%t!e"%

     T*"ee ba%i$ ty'e% 5 !ailin- li%t% :

    67T*e In&*)%e Li%t .H)%e 8le

    97C!'ile/ li%t

    7Di"e$t Re%'n%e Li%t

  • 8/20/2019 Elements of an Effective Offer Dm Mod II

    6/22

    IN&HOUSE LIST

    • T*i% $!'"i%e% 5 y)" 0n $)%t!e"% ; 'e'le0* *ave b)-*t 5"! y) be5"e7

    • #e'le 0* a"e !%t li1ely t b)y a-ain7

    • 3ene"ate en)-* b)%ine%% 5"! "e'eate/ !ail%

    • D)e t nat)"al att"itin "ate%, all li%t% %*"in1 inti!e

  • 8/20/2019 Elements of an Effective Offer Dm Mod II

    7/22

    COM#ILED LISTS

    Na!e% an/ a//"e%%e%& /e"ive/ 5"! tele'*neb1%, b)%ine%% an/ a%%$iatin /i"e$t"ie%,yell0 + 0*ite #a-e%, ne0%'a'e"%, ')bli$"e$"/%, $a" an/ vte" "e-i%t"atin%& 5 'e'le

    *avin- ne ba%i$ inte"e%t " $*a"a$te"i%ti$ in$!!n7

    Many B9B !a"1ete"% )%e $!'ile/ li%t%

    • Le%% e?'en%ive t*an Di"e$t "e%'n%e li%t% b)tnt t*e be%t li%t% 5" -at*e"in- la"-e "e%'n%e%

  • 8/20/2019 Elements of an Effective Offer Dm Mod II

    8/22

    DIRECT RES#ONSE LISTS

    • It i% !a/e )' 5 'e'le 0* *ave

    ')"$*a%e/ ite!% t*")-* DM 5"!%!e $!'any t*e" t*an y)" 0n7

    • E%%entially , t*e%e a"e t*e" $!'any’%.'e'le’% *)%e li%t%

    • DRL 'e"5"!% !)$* bette" t*an$!'ile/ li%t% , a% 'e'le 0* *ave at"a$1 "e$"/ 5 b)yin- t*")-* t*e !ail

    a"e !%t li1ely t ')"$*a%e a-ain

  • 8/20/2019 Elements of an Effective Offer Dm Mod II

    9/22

    USIN3 A LIST BROKER•

    A Li%t b"1e" "ent% )t li%t t y)"at*e" t*an %ellin- it t a 'a"ti$)la"$!'any

  • 8/20/2019 Elements of an Effective Offer Dm Mod II

    10/22

    Di"e$t Ma"1etin-• Direct marketing attempts to acquire an

    retain customers !" contacting t#em$it#out t*e )%e 5 an inte"!e/ia"y7 T*eb@e$tive i% t a$*ieve a /i"e$t "e%'n%e 0*i$*!ay ta1e ne 5 t*e 5ll0in- 5"!%:

    • A ')"$*a%e ve" t*e tele'*ne " by '%t

    • A "e=)e%t 5" a $atal-)e " %ale% lite"at)"e

    • An a-"ee!ent t vi%it a l$atin.event • #a"ti$i'atin in %!e 5"! 5 a$tin

  • 8/20/2019 Elements of an Effective Offer Dm Mod II

    11/22

    • Direct marketing% t#en% is t#e istri!ution o&proucts% in&ormation an promotiona'!ene(ts to target consumers t#roug#interacti)e communication in a $a" $#ic#

    a''o$s response to !e measure* It co)ers a$ie arra" o& met#os% inc'uing t#e&o''o$ing+

    • /i"e$t !ail

    • tele!a"1etin- • /i"e$t "e%'n%e a/ve"ti%in-

    • In%e"t%

    D"&t&/" leaetin- + Te?t !e%%a-in-7

    D i i , - i

  • 8/20/2019 Elements of an Effective Offer Dm Mod II

    12/22

    Designing , -anaginga

    Direct -arketing .ampaign

    IS IT DIFFI.U/T 000

    OR 111**

    DA-N EAS Y 22222

  • 8/20/2019 Elements of an Effective Offer Dm Mod II

    13/22

    -arketingP'an

    Ienti&"ing ,unerstaning t#etarget auience

    Setting .ampaignO!3ecti)es

    .REATIVEDE.ISIONS

    -EDIADE.ISIONS

    .ampaignE4ecution ,

    E)a'uation

  • 8/20/2019 Elements of an Effective Offer Dm Mod II

    14/22

    Step 5 6 7et to 8no$ Your Target -arket 9e'' •  T*e 8"%t %te' in b)il/in- a t")ly ee$tive

    an/ %)$$e%%5)l !a"1etin- $a!'ai-n i% t1n0 0* y) a"e ta"-etin- 0it* t*e

    $a!'ai-n7 De%$"ibe y)" 'tential$)%t!e"% in a% !)$* /etail a% '%%ible,be5"e y) even %ta"t t 0"ite t*e /i"e$t!a"1etin- b"$*)"e, ye", "

    a/ve"ti%e!ent7 Y) !i-*t /e$i/e t ta"-et9G t 9 yea" l/ !ale% 0* %till live 0it*t*ei" 'a"ent%, b)t ea"n at lea%t JG,GGG

    'e" yea", 5" e?a!'le7

  • 8/20/2019 Elements of an Effective Offer Dm Mod II

    15/22

     Rig#t Format &or Your

    Target -arket •

    In t*e e?a!'le -iven abve, an nline /i"e$t!a"1etin- $a!'ai-n, 0*e"e y)" ta"-et !a"1et"e$eive an e&ne0%lette" " an e!ail !ay be t*e!%t a''"'"iate 0ay t $nta$t y)n- !en int*ei" 9G%7 H0eve", i5 y) nee/ t %ell y)"

    '"/)$t " %e"vi$e% t el/e"ly 'e'le 0* "a"elyl1 at a $!')te", t*an a /i"e$t !ail )t$a!'ai-n, 0*e"e t*e 'e'le "e$eive t*ein5"!atin in t*ei" '%t b?e% at *!e 0ill be

    t*e !%t a''"'"iate 5"!at7 Dnt 0a%te !neyin a/ve"ti%in- y)" '"/)$t% 0*e"e 'e'le in t*e!a"1et y) a"e ta"-etin- 0ill nt %ee t*ea/ve"ti%e!ent7

    St ; D i t#

  • 8/20/2019 Elements of an Effective Offer Dm Mod II

    16/22

    Step ; 6 Decie on t#eRig#t -essage 

    • T*e !e%%a-e y) %en/ t /ie"ent ty'e%5 'e'le $)l/ be ve"y /ie"ent7 I5 y)"b)%ine%% %ell% li5e in%)"an$e, 5" e?a!'le,y) 0ill 0ant t *ave $!'letely /ie"ent

    !a"1etin- $a!'ai-n% 0it* %e'a"ate!e%%a-e% 5" /ie"ent ta"-et !a"1et%7 T*e!e%%a-e y) %en/ t 'a"ent% 0* *ave

    y)n- $*il/"en $)l/ be t '"vi/e a%l)tin t t*e 5ea" t*at %!et*in- $)l/*a''en t eit*e" 5 t*e 'a"ent% an/ leavet*e $*il/"en )n'"vi/e/ 5"77777 2HAT IF

    U ARE SELLIN3 TO YOUTHS

  • 8/20/2019 Elements of an Effective Offer Dm Mod II

    17/22

    Step < 6 .reate a Hook  • E%%entially, a /i"e$t !a"1etin- $a!'ai-n

    i% a 8%*in- e?'e/itin7 Y) %en/ )t t*ein5"!atin n y)" b)%ine%% an/ *'eit i% att"a$tive en)-* 5" y)" 'tential

    $)%t!e"% t 'i$1 )' t*e bait an/ !a1e$nta$t 0it* y)" $!'any7 3ive y)"'tential $)%t!e"% a "ea%n t $all y)7S!e b)%ine%%e% 8n/ t*at ")nnin- a

    %i!'le $!'etitin " %)"vey 0it* a$*an$e t 0in a -"eat '"ie a% 'a"t 5t*e $a!'ai-n en$)"a-e% 'e'le t

    "e%'n/ t t*e $a!'ai-n7

    S = 9 i # - k i

  • 8/20/2019 Elements of an Effective Offer Dm Mod II

    18/22

    Step = 6 9rite t#e -arketing-ateria' 

    I5 y) a"e nt -/ at 0"itin-, e!'ly a'"5e%%inal t 0"/ y)" !a"1etin-!ate"ial 5" y)" b)%ine%%7 T*e 0"ite"0ill nee/ t 1n0 t*e ta"-et !a"1et,

    0*at "e%'n%e y) 0ant 5"! t*e$a!'ai-n, an/ t*e 5"!at 5 t*e$a!'ai-n t 0"ite t*e te?t 5 t*e

    !a"1etin- !ate"ial '"'e"ly7 T*e0"itin- %*)l/ %'ea1 /i"e$tly t y)"ta"-et !a"1et an/ en$)"a-e ani!!e/iate "e%'n%e a5te" "ea/in- t*e

    !ate"ial7

    i # k i

  • 8/20/2019 Elements of an Effective Offer Dm Mod II

    19/22

    Step > 6 Design t#e -arketing-ateria' 

    •  T*e /e%i-n 5 t*e !a"1etin-!ate"ial% y) $*%e 0ill bei!'"tant, e%'e$ially a% !any 'e'le

    0ill /e$i/e 0*et*e" " nt t bt*e""ea/in- t*e !ate"ial ba%e/ n *0 itl1% an/ t*ei" 8"%t i!'"e%%in% 5

    t*e !ate"ial7 I5 it l1% '"5e%%inal,y) 0ill -et !"e "ea/e"%7

  • 8/20/2019 Elements of an Effective Offer Dm Mod II

    20/22

    Step ? 6 -onitor t#e .ampaignOnce it is Sent

    • Finally, !any b)%ine%%e% 5"-et t*i% i%ne 5 t*e !%t i!'"tant %te'% in a/i"e$t !a"1etin- $a!'ai-n7 Mnit"in-

    t*e $a!'ai-n !ean% 1ee'in- t"a$1 5"e%'n%e% an/ t*%e t*at / nt "e%'n/7In an e!ail !a"1etin- $a!'ai-n, y) $an$*e$1 *0 !any 'e'le *ave a$t)ally

    'ene/ an/ "ea/ t*e e!ail, even i5 t*e'e'le / nt "e%'n/ /i"e$tly7

  • 8/20/2019 Elements of an Effective Offer Dm Mod II

    21/22

    •  Tal1 t ea$* $)%t!e" 0* /e% "e%'n/an/ a%1 =)e%tin% ab)t 0*at t*ey li1e/in t*e !a"1etin- !ate"ial% an/ 0*y t*ey$*%e t "e%'n/7 T*i% i% e%%entialin5"!atin a% it 0ill *el' y) t alte"

    y)" $a!'ai-n ne?t ti!e t -et a bette""e%'n%e7 Y) $an al% "in- " !a1e$nta$t 0it* t*e 'e'le a 0ee1 " %a5te" t*e /i"e$t !ail $a!'ai-n *a% been

    %ent )t, a% 5ten y) 0ill -et a *i-*e""e%'n%e "ate 0it* a %e$n/ $nta$t0it*in a %*"t ti!e5"a!e7

    SU..ESSFU/ D-

  • 8/20/2019 Elements of an Effective Offer Dm Mod II

    22/22

    SU..ESSFU/ D-.A-PAI7N

    A %)$$e%%5)l /i"e$t !a"1etin-$a!'ai-n /e'en/% n !any5a$t"%, b)t t*e !%t i!'"tant i%

    %ele$tin- y)" ta"-et !a"1et an/t*en 5"a!in- all 5 t*e !a"1etin-!ate"ial% t be att"a$tive t t*at

    !a"1et7 Mnit"in- t*e $a!'ai-n$an -ive y) val)able in5"!atin5" y)" ne?t /i"e$t !a"1etin-

    $a!'ai-n