In direct mail, the offer is the incentive or reward that you dangle in front of your prospects to motivate them to respond to your mailing, either with an order or with a request for more information. Offers follow a you do this and well do that format. For example: Place your order before June 3 and well reduce your price by 40% or Phone now and well send you a free demo CD. Here are some examples of offers that businesses use to sell their products and services to other businesses using direct mail. Each of these offers gives the prospect something for free. Free is still a word that increases response, though it is not as effective as it once was because readers are more sceptical and because spam filters often delete emails that contain the word (thats why Ive disguised free throughout this message). 1. Free trial Customers try your product or service before paying for it. Example: Try our product risk-free for 30 days and pay only if you buy. Pros: Increases response because it eliminates the buyers fear of ordering by mail what may prove to be unsatisfactory merchandise. Cons: Increases cost of processing orders. Hampers cash flow. 2. Free gift for inquiry Prospects receive a free gift when they request more information. Example: Call now to learn more, and to receive your free 2006 Wall-Mounted Day Planner. Pros: Effective at increasing inquiries. Cons: Respondents are usually less qualified, since some will just want your gift, not what youre selling. 3. Free information You give prospects information that helps them make an informed buying decision. Example: Free catalog, booklet, report, white paper, video. Pros: Effective when your product is either complex or expensive, or both, and what you want is a sales lead, not an immediate sale. Also useful when you sell more than one thing. Cons: Adds to your lead generation costs. Some people collect information but never buy. 4. Free demonstration You demonstrate your product, usually at the prospects place of work. Example: Call us toll-free to arrange a free, no-obligation demonstration of our new XYZ Dump Trailer. Pros: An effective way to secure meetings with prospects. Overcomes fears and objections (assuming your product is good). Gives you opportunity to answer customer questions in person. Cons: Expensive when it involves a sales visit. 5. Free analysis You offer prospects a free needs analysis, survey, audit or check up. Example: To book your complementary, no-obligation Network Safety Audit, call us today. Pros: Attractive because it gives prospects value and helps them see how you operate. Helps you qualify prospects. Cons: Expensive when it involves a visit to the prospects business. Time-consuming. 6. Free estimate You offer prospects a free estimate of what they will pay to retain your services or buy your product. Example: To receive a free estimate of your cost to install the new Nampro 767, call us now. Pros: Helps you generate leads. You get a chance to meet face-to-face with prospects, if necessary. Cons: Time-consuming. Some prospects will just be shopping for best price. Others will be checking to see if they got a good deal from your competitor. Expensive when it involves a face-to-face meeting. |