innovative direct mail strategies for new revenue growth in 2015

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Page 1: Innovative Direct Mail Strategies for New Revenue Growth in 2015
Page 2: Innovative Direct Mail Strategies for New Revenue Growth in 2015

Innova&ve  Direct  Mail  Strategies  for  New    

Revenue  Growth  in  2015    

MindFireInc      

Thursday,  March  5,  2015    11:15  am  -­‐  12:15  pm  Loca7on:  Maryland  C  

 

Page 3: Innovative Direct Mail Strategies for New Revenue Growth in 2015

 Presenters  for  todays  session  

 

Joseph  Manos,  EVP,  MindFireInc    

Cece  Smith,  President,  Smith  Print  &  Toolbox  Studio    

Erwin  Driever,  VP  Technology,  Cober      

   

Page 4: Innovative Direct Mail Strategies for New Revenue Growth in 2015

 Presenta7on  Overview  •  Current  Trends  in  the  direct  mail  industry  

•  How  two  companies  have  used  marke&ng  automa&on  to  leverage  their  direct  mail  services  and  provide  more  value  to  their  customers  

•  HP  Integra&on  for  increased  produc&vity  and  capability  for  direct  mail  programs  

•  Case  studies  that  show  how  direct  mail  integrated  with  other  outbound  media  channels  leads  to  improved  results  and  new  customer  revenue  success  

•  Summary  wrap  up:  Views  of  agency  and  print  service  providers  on  the  outlook  of  the  prin&ng  industry  as  it  relates  to  direct  mail  

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LEVERAGING  FOR  SUCCESS  IN  2015    JOSEPH  MANOS,  EXECUTIVE  VICE  PRESIDENT  

DIRECT  MAIL  TRENDS    

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Trends  Impac7ng  Direct  Mail  

According  to  the  DMA,  direct  mail  expenditures  in  the  United  States  are  

expected  to  rise  to  $196  billion  by  2016,  which  represents  a  3.8  percent  compound  annual  growth  rate  (CAGR)  from  2011.  

 

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Capturing  Interest  

© 2014 W. Caslon & Company. All rights reserved Page 1

ANTHEM EDUCATION USES CROSS-MEDIA MARKETING TO DRIVE ENROLLMENT

VERTICAL MARKET: Education

BUSINESS APPLICATION: Direct Marketing/Lead Generation

BUSINESS OBJECTIVES Anthem Education is a family of schools and colleges that provides education and training in the healthcare, business, technology, paralegal, and criminal justice fields. Anthem Education is comprised of eight brands over 30 campuses including Florida Career College and Anthem College, as well as Anthem Online.

In November 2012 Anthem’s director of marketing saw that their enrollment figures for January starts were down. A campaign was needed to:

� Connect with prospects in varying stages of the enrollment process

� Provide information on the closest Anthem location to the prospect

� Drive students to enroll for a January start date

RESULTS Anthem Education’s service provider, Rider Dickerson, developed a cross-media marketing campaign that incorporated email, print, and personalized landing pages. Historically Anthem Education had not used a lot of direct mail and this was their first campaign to use print with personalized URL response mechanisms.

Anthem Education was very pleased with the results. Ultimately the campaign resulted in 69 responses and 37 enrollments. While these numbers may seem small, the campaign more than paid for itself when you consider that the cost of an education at an Anthem school ranges from $15,000 to $40,000.

Personalized postcard

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Target  Audience  Messaging  To  make  the  messaging  more  relevant  the  target  audience  is  segmented  into  specific  groups    Technology  drives  the  ongoing  nurturing  to  each  group,  for  example:  

–  Prospec7ve  student  leads  –  inquiries  –  Students  that  had  an  admissions  interview  but  did  not  enroll  –  Students  that  enrolled  but  did  not  start  classes  –  Students  that  started  classes  but  dropped  out  –  Current  students  

 

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© 2014 W. Caslon & Company. All rights reserved Page 3

Request to be contacted form

CAMPAIGN ARCHITECTURE Rider Dickerson enabled the development and launch of a cross-media campaign in a short period of time because they managed the copywriting and creative for all elements that they executed.

Based on the student's level, the campaign consisted of the following communications:

Segment Communication

Leads Anthem sent them an email (Results not provided)

Students that scheduled an interview but did not show up

5% of group was sent personalized postcards. All of the individuals in this group received an email

Students that had an interview but did not enroll

5% of group was sent personalized postcards. All of the individuals in this group received an email

Students that enrolled but did not start classes

All individuals in this group received personalized postcards and emails

Students that started classes but dropped out

All individuals in this group received personalized postcards with die-cut windows for additional engagement and emails

Current students Anthem sent them an email (Results not provided)

The message of the emails and postcards varied based on which student group the recipient was in. The branding also varied based on which college was closest to the student. The call to action in each case was to visit a Personalized URL to start the enrollment process for a January start.

The landing pages were versioned based on audience segment, preferred program, closest institution and student’s home address. The landing page included a dynamically generated map highlighting the closest locations and a video relevant to the student’s coursework interest. To continue the enrollment process students were asked to complete a contact form. Based on their responses the appropriate member of the admissions team contacted the student after receiving a lead report.

Personalized landing page

© 2014 W. Caslon & Company. All rights reserved Page 3

Request to be contacted form

CAMPAIGN ARCHITECTURE Rider Dickerson enabled the development and launch of a cross-media campaign in a short period of time because they managed the copywriting and creative for all elements that they executed.

Based on the student's level, the campaign consisted of the following communications:

Segment Communication

Leads Anthem sent them an email (Results not provided)

Students that scheduled an interview but did not show up

5% of group was sent personalized postcards. All of the individuals in this group received an email

Students that had an interview but did not enroll

5% of group was sent personalized postcards. All of the individuals in this group received an email

Students that enrolled but did not start classes

All individuals in this group received personalized postcards and emails

Students that started classes but dropped out

All individuals in this group received personalized postcards with die-cut windows for additional engagement and emails

Current students Anthem sent them an email (Results not provided)

The message of the emails and postcards varied based on which student group the recipient was in. The branding also varied based on which college was closest to the student. The call to action in each case was to visit a Personalized URL to start the enrollment process for a January start.

The landing pages were versioned based on audience segment, preferred program, closest institution and student’s home address. The landing page included a dynamically generated map highlighting the closest locations and a video relevant to the student’s coursework interest. To continue the enrollment process students were asked to complete a contact form. Based on their responses the appropriate member of the admissions team contacted the student after receiving a lead report.

Personalized landing page Anthem Education Uses Cross-Media Marketing to Drive Enrollment

© 2014 W. Caslon & Company. All rights reserved Page 4

Postcard with die-cut doors Doors opened to reveal message inside

Auto-triggered thank you emails were sent to responders. Follow-up emails were sent to non-responders driving those students to complete the appropriate action in order to start at Florida Career College/ Anthem in January.

CREATIVE There were two versions of the personalized postcard that was sent to selected recipients. Both were branded for the appropriate institution and were personalized with the individual’s name and Personalized URL. The postcards sent to students that started classes but dropped out included an additional die-cut element designed to attract attention. Anthem invested a little more to engage this group as it was considered the most likely to convert.

REASONS FOR SUCCESS � Strong segmentation. One of the key factors in the success of this

program was the segmentation of the prospective students. Providing each group with messages relevant to their status helped propel students to take the next step.

� Tracking and follow-up. Anthem had the ability to track and measure across all media and could make informed marketing decisions throughout the duration of the campaign. Furthermore, automated lead reporting allowed Anthem to engage with potential students quickly and in a relevant manner, thus increasing the chances of moving the student towards enrollment.

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More  households  read  adver&sing  mail  now  than  

they  did  25  years  ago    

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Despite  the  myth  that  direct  mail  is  for  an  older  audience…  

           

 The  DMA  found  that  the  22-­‐24-­‐year-­‐old  age  group  is  the  most  likely  to  respond  to  a  direct  mail  offer  

 

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According  to  a  recent  survey  conducted  by  Target  Marke7ng  magazine,  the  channel  that  delivered  the  strongest  ROI  for  customer  acquisi7on  for  B2C  marketers  was  direct  mail.    

                 

Direct  mail  also  scored  the  highest  for  customer  contact  and  reten&on.  

 

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Resurgence  of  B2B  Direct  Mail  

•  DMA  reports  that,  65%  of  consumers  of  all  ages  have  made  a  purchase  as  a  result  of  direct  mail  

•  The  average  response  rate  for  direct  mail  was  4.4%  

 

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Evolu7on  of  Direct  Mail:  B2B  &  B2C  

•  Leveraging  more  targeted  messaging  –  Prospect  versus  customer  –  Loyalty  program  levels  

•  Nurturing  programs  •  Scoring  behaviors  •  Content  &ed  to  interests  &  behaviors  •  Sales  Ready  Leads  

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Cost  per  Lead  Discussion  

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LEVERAGING  MARKETING  AUTOMATION  FOR  REVENUE  AND  COMPANY  GROWTH  

Customer  Panel    

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Smith  Prin&ng  /  Toolbox  Studio    

Cece  Smith    President        Managing  Partner  

Smith  Print      Toolbox  Studio    

 

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Business  Growth  

What  has  the  MindFire  Marke&ng  plaform  meant  to  your  business  over  the  last  three  years  as  it  relates  to  

new  revenue  growth?  

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Business  Growth  

•  We  had  the  HP  Indigo  for  short  run  work  

•  The  MindFire  solu7on  provided  us  an  opportunity  to  tell  a  different  story  

•  Major  point  of  differen7a7on  

•  Addi7onal  areas  of  opportunity  at  a  different  decision  maker  level  

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Building  Deeper  Customer  Rela7onships  

How  has  offering  Marke&ng  Services  strengthened  your  customer  rela&onships?    

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Building  Deeper  Customer  Rela7onships  

•  Allows  us  to  beher  understand  their  business  

•  Opens  up  a  dialogue  to  beher  understand  specific  objec&ves,  challenges  and  goals  

•  Leads  to  follow-­‐up  ac&vi&es  

•  We  can  add  value  –  price  differen&a&on  

•  We  are  the  consultant  and  process  driver  

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One  and  Done  versus  Long-­‐term  Programs  

How  has  your  proposal  and  pricing  of  marke&ng    programs  versus  print  only  programs  changed?  

   

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One  and  Done  versus  Long-­‐term  Programs  

•  More  opportunity  for  long-­‐term  agreements  and  an  overall  increase  in  revenue  for  each  customer  

•  Engagements  are  an  ongoing  process/program  

•  It’s  not,  “should  we  do  it”,  but,  “when  and  how  we  will  do  it”  

•  One  phase  ends…another  begins  

 

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Expanding  Business  Ac7vity  

How  has  offering  marke&ng  services  expanded  your  business  and  

customer  rela&onships?  

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Expanding  Business  Ac7vity  

•  One  single  customer,  offers  two  levels  of  revenue  

•  Create  a  marke&ng  program  and  it  leads  to  other  services  we  offer  as  part  of  the  total  program  

•  Another  level  of  decision  makers  to  build  our  rela&onship  with  which  leads  to  other  print  related  services  revenue  

•  Addi&onal  marke&ng  services  as  part  of  the  overall  customer  program  

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Sales  Process  

How  has  offering  marke&ng  services  altered  your  sales  process  and  were  customers  

hesitant  to  say  yes?      

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Sales  Process  

•  You  can’t  sell  Marke&ng  Services  the  same  way  you  sell  Print  

•  I  didn’t  sell  it  as  a  print  job  

•  Understand  what  it  is  you  are  offering...it  can’t  be  about  prin&ng  postcards  

•  You  may  need  to  hire  a  marke&ng  focused  team  member  to  sell  it  –  it  depends  on  your  team  

 

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Sales  Process  

•  When  you  get  to  the  execu&ves  for  marke&ng  services,  you  will  be  presented  other  opportuni&es  for  new  business  because  they  trust  you  

•  It’s  no  longer  you  are  selling  print  

•  What’s  great  about  offering  marke&ng  services  is  that  you  are  in  new  accounts  you  have  never  worked  with  before!  

•  Engagement  is  100%  program  focused  now  

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Successful  Customer  Programs  

Let’s  review  a  couple  customer  marke&ng  programs  to  learn  how  it  

all  comes  together.  

Led  by  

Strategy  Informed  by  

Data  Fueled  by  

Technology  Op7mized  for  

Results  

Page 30: Innovative Direct Mail Strategies for New Revenue Growth in 2015

WBU  Search  Program  

<<!rstname>>,Did you get your wallet?

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WBU  Search  Program  

Dear <<!rstname>>,I’d like to help you !nish your degree. "e quickest way is to login and answer a few questions to help me !nd solutions for you.

Or, you are always welcome to call me directly at (210) 853-0055.

In either case, I look forward to hearing from you soon!

Your Academic Advisor,<<advisorname>>

11550 IH-35 NorthSan Antonio, TX 78233

$100 Credit for <<!rstname>> <<lastname>> at WBU San Antonio BookstoreGiven by <<advisorname>> a#er four weeks enrollment. O$er expires December 31, 2015.

<<purl>>

Presorted StandardUS Postage

PAIDSan Antonio, TX

Permit 1001

<<!rstname>> <<lastname>><<address1>><<city>>, <<state>> <<zip>><<advisorsig>>

Page 32: Innovative Direct Mail Strategies for New Revenue Growth in 2015

B A P T I S T U N I V E R S I T Y

S A N A N T O N I O

November 3, 2014Dear <<FirstName>>,

I’m writing to check in with you. You started your journey to higher education, and I’d like to see you complete it.

The fastest way for you to get back on your journey to a degree, is to login to your microsite and answer a few questions for your Academic Advisor so they can contact you ASAP with a plan.

Your microsite is: <<purl>>

Of course, you are welcome to call or come in, but visiting your microsite is the fastest way.

If you are not planning on pursuing your degree at Wayland Baptist University, would you consider taking an anonymous survey for me? We want to get better—your insights might just be the catalyst for bringing about change.

Anonymous Survey is here: www.wbusurvey.info

The plain truth is that graduates still out-earn people without degrees. In general, this holds true for both undergraduate and advanced degrees. I want to be involved in helping you reach your higher education goals. Here is the information you will need to give to your Academic Advisor:

Student I.D.: <<custom1>>Hours: <<custom2>>Money Invested: <<custom3>>Last Class: <<custom4>>Last Term: <<custom5>> Military Status: <<custom6>>Degree Status: <<custom7>>

I hope to see you soon,

Dr. Jim AntenenExecutive Director/DeanWayland Baptist University – San Antonio

Wayland Baptist University | 11550 IH-35 North | San Antonio, TX 78233 | (210) 853-0055 | www.sa.wbu.edu

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LeafGuard  Program  

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Smith  Prin7ng  /  Toolbox  Studio  

     

Thank  You  Cece        

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COBER    Erwin  Driever  VP  Technology  

Page 39: Innovative Direct Mail Strategies for New Revenue Growth in 2015

Enhanced  Print  Opportuni7es  

You  have  an  innova&ve  use  case  for  Revlon  that  we  are  going  to  

share  today.    

How  did  you  create  the  opportunity  with  the  customer?  

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Enhanced  Print  Opportuni7es  

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UniqOneSweepstakes.caUniqOneSweepstakes.ca

To enter, register and submit your unique PIN code found inside this band at UniqOneSweepstakes.ca

Pour participer, inscrivez-vous et soumettez votre code NIP qui se trouve sur UniqOneSweepstakes.ca

5555

5

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55555

www.UniqOneSweepstakes.ca

55555

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Personalized  Microsite  Win  A  Trip  –  Enter  NOW!  

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Layout  #2  –  Language  Varia7on  

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Personalized  Microsite  Language  Preferance  

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Win  A  Trip  Marke7ng  Intelligence  Gathering  

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Entered  to  WIN!  

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Program  Results  

•  20,000  bellyband  wrapped  products  with  QR  Code  and  PIN  shipped  to  salons  

•  2,625  total  entries  (13.12  %)  

•  2,165  unique  entries  

•  377  scanned  the  QR  Code  (14.36%  of  respondents)    

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More  Results…  

•  25%  of  Responses  –  Mobile  

•  75%  of  Responses  –  Desktop  

•  97%  of  Respondents  who  reached  the  contest  entry  page  completed  their  profile  informa&on  

•  Grand  Prize  –  Caribbean  Island  Getaway  for  Two  –  100  Second  Place  Winners  

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Business  Growth  

Recognizing  that  a  salon  customer  spends  more  on  product  than  the  

typical  consumer  purchase  in  a  store,    what’s  next  for  the  Revlon  Program?    

 

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Crea7ng  More  Customer  Value  

How  are  marke&ng  services  deepening  your  customer  

rela&onships?  

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Evolving  Technology  Solu7ons  

How  has  adap&ng  to  new  technology,  like  using  MindFire  Studio,  helped  you  increase  

efficiencies  and/or  beher  manage  customer’s  expecta&ons?  

 

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Thank  You  Erwin      

 

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The  Future  of  Direct  Mail    •  Con&nues  to  be  a    relevant    channel  for  marke&ng    •  Use  cases  and  frequency  of  use  will  con&nue  to  grow  in  

complexity  and  volume  

•  Nurturing  and  scoring  consumer  behaviors  essen&al  for  program  success      

•  Seven  key  marke&ng  outcomes  can  only  be  achieved  by  linking  direct  mail  to  online  micro  sites  

 •  Ini&al  programs  can  be  expanded  to  address  other  areas  of  

need  leading  to  a  significant  increase  in  revenue  and  profit  

 

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How  Technology  Helps  

Technology   Process   Tracking  

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Campaign Workflow

9

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Target  Lists  

Channels  

Triggers  

Microsites  

Payment  app  

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Checkout  page  

Personaliza7on  

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Growth  beyond  the  Ini7al  Program  

•  Iden7fy  current  home  owner  refinancing  opportuni7es  

 •  Time  sensi7ve  program  

•  Very  successful  program  

•  Program  has  grown  to  Millions  of  Purls/Pieces  a  month!  

•  Taken  plaaorm  to  the  next  level  now  7ed  to  CRM  and  Call  Center  systems  

Home Owners

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 Summary  •  Innova&ve  programs  open  up  new  doors  of  opportunity  with  all  of  your  customers  

 •  Delivering  high-­‐value  results  creates  differen&a&on    

 •  Makes  you  a  key  strategic  partner  for  other  needs    •  You  can  deliver  results  for  your  customer  that  direct  mail  alone  simply  can’t  equal  

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 Q  &  A  

What  ques&ons  do  you  have  for  our  panel  of  

speakers?  

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 Thank  You  for  Adending  

To  learn  more  about  MindFireInc  and  how  we  can  help  you  take  

your  direct  mail  to  the  next  level,  join  us  at  our  booth.  

 Booth  #  601