The Cost Of Direct Marketing
Direct marketing involve direct mail, email marketing and also telemarketing. in the case of a direct mail you can use a simple letter an attractive postcard and or a small package having a sample of your product. Telemarketing offer direct communication to prospects about your product or service. An email can be very useful if you include quick links to your website. It will be much beneficial if you include all the ways. In order to attain a goal of the direct marketing it is vital to practice repetition. The the strength of the initial message will rely on the different method you use The response rate of the prospect can significantly improve when you apply various techniques of direct marketing.
The cost of each direct marketing method will vary from each other. Due to this variation there are some of the things you need to consider when deciding a budget for a given method of the direct marketing campaign.
The value of the list. The cost of a list is dictated by the type of the list. Whether it is direct mail, email marketing or telemarketing, the records on it, the data elements and the source of the list will determine the cost. The correctness and support of given list will even have an impact on the cost of the list.
a mail list will have a low cost since it just has a name and a mail address. In telemarketing list it will contain a name the mailing address and a telephone number. The hire cost in telemarketing is because of the additional phone number content.
The more records you use to conduct direct marketing the cheaper the cost per record. in a case where you want to purchase a record that will cost you $0.4 per record for 5000 names. The same kind of list could cost $0.2 per record for a purchase of 10000000 names. The reason behind this is because the list providers will always give a discount on volume.
List owners will always offer a minimum list. In a situation that you buy a list below the minimum you are offered a flat rate.
The fact that the record is targeting a given thing then it becomes more expensive. Data features in a list always make a list more expensive. For example a list that is targeting female nurses will always be more costly than that of just female nurses For The wellbeing of the business it is advisable to use the target list. Target list is always the best to reach the potential prospects.
The next cost will be the cost you will incur on the delivery of the message. In the case of direct mail you must incur the charge to post your letter. When the target is large when using telemarketing it is vital to include the call center charges in your budget.